Adherence Packaging Market 2020 Precise Outlook - Accu-Chart Plus Healthcare Systems, Inc., Arxium, Inc., Becton, Dickinson and Company

The report elaborates the complete details covering product definition, product type, and application. The report covers useful details which are categorized based on Adherence Packaging production region, major players, and product type which will provide a simplified view of the Adherence Packaging industry. The Adherence Packaging market report presents the competitive scenario of the major market players based on the sales revenue, customer demands, company profile, the business tactics used in Adherence Packaging market which will help the emerging market segments in making vital business decisions.

Adherence Packaging Market Segmentation:  

This report on Global Adherence Packaging market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this industry. It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the Global market for Adherence Packaging. Collecting historical and recent data from various authentic resources and depending on all the factors and trends, the report presents a figurative estimate of the future market condition, along with compound annual growth rate (CAGR).

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Global Adherence Packaging market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Accu-Chart Plus Healthcare Systems, Inc., Arxium, Inc., Becton, Dickinson and Company, Cardinal Health, Inc., Manrex Limited, Mckesson Corporation, Medicine-On-Time, Omnicell, Pearson Medical Technologies LLC, TCGRx, WestRock Company, amongst others.

Retail Pharmacy is Expected to Hold Significant Market Share in the End-User Segment

The retail pharmacies are currently focusing on the potential impact on their daily workflow, the cost, the appearance of the software interface, how the staff will be trained, and state and federal guidelines. By using the adherence packaging systems for packaging oral-solid medications, the pharmacies can also increase their efficiency as labor can be planned for days with higher monthly refill rates, and accuracy is immensely improved as the whole packaging process utilizes barcoding, universal trays, and pouches can even be barcoded for meds-to-beds programs in outpatient pharmacies in hospitals or ambulatory surgery centers.

North America Dominates the Market and Expected to do Same in the Forecast Period

The CDC estimates that direct health care costs associated with nonadherence is about USD 300 billion annually in the United States. The individuals surveyed in STOMPP (Study to Measure the Impact of Pharmacists and Pharmacy Services on Medication Non-Adherence) had all been diagnosed with hyperlipidemia, hypertension, and/or type 2 diabetes. Most of the participants had a body mass index of more than 30, were taking about 10 medications and had uncontrolled diabetes with HbA1c greater than 7%. The study also assessed clinical outcome measures, quality of life, and cost and utilization data. Similarly, as per the 2018 article titled Medication Adherence: The Elephant in the Room, nonadherence can account for up to 50% of treatment failures, around 125,000 deaths, and up to 25% of hospitalizations each year in the United States. Hence, the region is observing a rise in demand for medical adherence.          

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This independent 111 pages report guarantees you will remain better informed than your competition. With over 80 tables and figures examining the Adherence Packaging market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2025.

Key Takeaways from this Report

Impact of low unit costs, diversified product ranges and intense competition on the market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
Regional analysis of the market
Identifying the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in Excel)           

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