Multi-Med Adherence Packaging Market | Key Countries Overview With Size, Share, Trends, Segments and Competitive Landscape By Omnicell, Manrex, Rx Systems, Cardinal Health, Jones Packaging, Global Factories, Drug Package, Parata Systems and TCGRx

Global Multi-Med Adherence Packaging Market Information Report by Material (Plastic, Paper and Aluminum Foil), By Product (Blister Card and Pouches), by End User (Retail Pharmacies, Hospital, and Long Term Care Facilities) and By Region - Global Forecast To 2023

Market research future published a cooked research report on global multi-med adherence packaging market. The multi-med adherence packaging market is expected to grow at ~5.96% CAGR during the period 2017 to 2023.

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Market Highlights:

Improving medication adherence is the primary factor diving the growth of the market. Earlier, pill sorting, had traditionally been consuming and confusing. It simplifies medication programs. Multi-med adherence packaging helps patients take the right pills and the right dose, at the right time. It gives a visual indication of the tablets taken previously and your next dose, because each pack is labelled with the date, day of the week and time of administration. Additionally, continuous growth in the pharmaceutical industry is also fuelling the growth of multi-med adherence packaging. However, high lack of information among patients and even among individuals about multi-med adherence packaging may hamper the growth of the market.

Global multi-med adherence packaging market is projected to grow at a CAGR of 5.96% during the forecast period.

Scope of the Report:

This study provides an overview of the global multi-med adherence packaging market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next six years for each region. The scope of the study segments the global multi-med adherence packaging market by its material, end user and region.

By Material
• Paper
• Plastic
• Aluminum foil

By Product
• Blister Cards
• Pouches

By End User
• Retail Pharmacies
• Hospital
• Long Term Care Facilities

By Region
• North America
• Asia-Pacific
• Europe
• Rest of the World

Market Research Analysis:

On the basis of material, the market is segmented as plastic, paper and aluminum foil. Plastic accounted for the largest market share of 57.70% in 2016, with a market value of USD 210.5 million and is projected to grow at the highest CAGR of 6.48% during the forecast period. Different types of plastics such as polyethylene (PE), Polypropylene (PP), and polyvinyl chloride (PVC), are used. Plastic offers good visibility to the product and provides secure & attractive packaging. Additionally, it is durable, clean, lightweight, transparent, and cost-effective. Aluminum Foil was the second-largest market in 2016, valued at USD 93.4 million in 2016; it is projected to grow at a CAGR of 5.42%.

On the basis of end user, the market is segmented as retail pharmacies, hospital, and long term care facility. Retail Pharmacies accounted for the largest market share of 42.60% in 2016, with a market value of USD 155.4 million. Growing need to prevent dispensing errors, and thereby improving the operational capacity, are the factors driving the adoption of adherence packaging in retail pharmacies. Long Term Care Facility was the second-largest market in 2016, valued at USD 120.7 million in 2016; it is projected to grow at the highest CAGR of 6.29%.

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Table of Contents:

1 Executive Summary

2 Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Assumptions
2.4 Market Structure

3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model

4 Market Dynamics
4.1 Drivers
4.1.1 Improving Medication Adherence
4.1.2 Growing Pharmaceutical Industry
4.1.3 Increase In Ageing Population
4.2 Restraints
4.2.1 Lack Of Awareness/Marketing
4.2.2 Fluctuation In Raw Material Prices
4.3 Opportunities
4.3.1 Scope In The Developing Nation

Continued......

Table 1 Global Multi-med Adherence Packaging Market, by Material, 2015-2023 (Usd Million)
Table 2 Global Multi-med Adherence Packaging Market, by Product, 2015-2023 (Usd Million)
Table 3 Global Multi-med Adherence Packaging Market, by End User, 2015-2023 (Usd Million)
Table 4 Global Multi-med Adherence Packaging Market, by Region, 2015-2023 (Usd Million)
Table 5 North America: Multi-med Adherence Packaging Market, by Country, 2015-2023 (Usd Million)
Table 6 North America: Multi-med Adherence Packaging Market, by Material, 2015-2023 (Usd Million)
Table 7 North America: Multi-med Adherence Packaging Market, by Product, 2015-2023 (Usd Million)
Table 8 North America: Multi-med Adherence Packaging Market, by End User, 2015-2023 (Usd Million)
Table 9 U.s.: Multi-med Adherence Packaging Market, by Material, 2015-2023 (Usd Million)

Continued......

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