Press release
Adherence Monitoring Caps Market Outlook to 2027 - Top Companies Aardex Group, Pillsy, DoseSmart, ePill, Rx Timer Cap, Round Health, etectRx, NantHealth, Compliance Meds Technologies and TimerCap
Adherence Monitoring Caps Market Growing Rapidly
Adherence monitoring caps are smart bottle caps that stores, dispenses and tracks prescription medication. It is designed for both patients and caregivers. According to the World Health Organization every year 125,000 deaths in US are due to poor patient medication adherence. The adherence monitoring cap connects to your smartphone wirelessly and records and tracks medication usage every time that you open the bottle. The stored data can be transferred easily for immediate analysis and interpretation.
These devices are highly compact and portable and can be easily carried in a handbag or pocket. These devices also have send reminders on patient's mobile phone or the cap starts glowing in order to remind patient about its medication time. These Adherence monitoring caps have a long battery life of about 3 days and can be recharged easily using a USB cable.
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Leading Adherence Monitoring Caps Market Players - Aardex Group, Pillsy, Inc., DoseSmart, ePill, Rx Timer Cap, LLC, Round Health, etectRx, NantHealth, Inc., Compliance Meds Technologies, LLC, and TimerCap LLC among others.
Major Factors:
• Global Adherence Monitoring Caps Market Overview
• Economic Impact on Market
• Market Competition
• Global Adherence Monitoring Caps Market Analysis by Application
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Global Adherence Monitoring Caps Market Effect, Factors, Analysis
• Global Adherence Monitoring Caps Market Forecast
The global adherence monitoring caps market is segmented on the basis of type, application, and end user. The type segment includes, capsule dispenser and liquid dispenser. Based on sales channel, the adherence monitoring caps market is classified into retail and online. By end user, the market is segmented into hospital, pharmaceuticals, pharmacy and health supplements.
The adherence monitoring caps market report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Adherence monitoring caps market based type, sales channel and end user.
North America dominated the Adherence monitoring caps market in 2017, owing to the growing geriatric population in the US and rising prevalence of Alzheimer's serves potential opportunities for the market to grow in the North America region. Also, the growing packaging industry in this region influences the market growth in this region.
Asia Pacific Adherence monitoring caps market is expected witness the highest growth over the forecast period owing constantly growing and improving healthcare and IT infrastructure, favorable government initiatives and implementation of smart technologies in healthcare favors market growth in this region.
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Reason to Buy:
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Global Adherence Monitoring Caps Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Adherence Monitoring Caps, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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