Summary:
MarketResearchFuture adds “Multi-Med Adherence Packaging Market 2017: Global Industry Analysis and Opportunity Assessment, Forecast to 2023”reports to its Database.
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Key Players:
The prominent players in the Multi-Med Adherence Packaging market include -
Omnicell, Inc. (U.S.)
Manrex Limited (Canada)
Ropack Inc. (Canada)
Rx Systems, Inc. (U.S.)
Synergy Medical (Canada)
Black & Shepard OHG (Germany)
TCGRx (U.S.)
Excellere Partners (U.S.)
CuePath Innovation Inc. (U.S.)
Hence, global multi-med adherence packaging market is expected to grow at a CAGR of 5.8% during the forecast period.
Market Scenario
On the basis of regions, global multi-med adherence packaging market is segmented as North America, Europe, Asia-Pacific and Rest of the World (RoW). North America dominates the global multi-med adherence packaging market. High rate of medication non-adherence, and increase in funding by government agencies, are driving the growth of the multi-med adherence packaging market in North America. Europe is the fastest-growing market for multi-med adherence packaging market. Presence of leading multi-med adherence packaging companies, and increasing prevalence of cardiovascular diseases fuelling the growth of the market in the region.
Global multi-med adherence packaging market has been segmented based on materials, end users and regions. On the basis of material, the market is segmented as plastic, paper and aluminum foil. The plastic segment dominates the material segment of the market and is projected to grow at the highest CAGR 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. On the basis of end user, the market is segmented as retail pharmacies, hospital, and others. Retail pharmacies segment dominates the end user segment of the market. Growing adoption of multi-med adherence packaging in retail pharmacies, drives the growth of this segment.
In multi-med adherence packaging, pharmacies or hospitals put multiple doses into prefilled medicine packs and each pack is labelled with the date, day of the week and time of administration. This helps people with complicated prescription regimens, adhere to their prescriptions.
The report for Global Multi-Med Adherence Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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