According to Verified Market Intelligence, The Global Adherence Packaging Market was valued at USD 618.41 Million in 2016 and is projected to reach USD 1,035.96 million by 2025, growing at a CAGR of 5.9% from 2017 to 2025.
Adherence packaging is mainly used for medical services in order to replace the cumbersome medication planners and organize it in the way patient intake their medications. It is provided to the patient by day or passes time that facilitates medication fulfillment as prescribed by their physician.
Patients suffering from chronic illness such as high blood pressure, diabetes. Heart condition must follow the medication plans consistently in order to prevent any relapse or hospital readmissions. Adherence packaging is commonly delivered in multi-medication pouches or blister cards. All these factors have contributed to the growth of adherence packaging market.
Growth in medical non-adherence, medical medication wastage minimization need and the advent of technologies such as remote dispensing systems have been driving the global adherence packaging market. On the other hand, high implementation cost, high installation, and maintenance costs might hinder the overall growth of the market at a global level.
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The "Global Adherence Packaging Market" study report will provide a valuable insight with an emphasis on the global market including some of the major players such as McKesson Corporation, WestRock Company, Manrex Limited, Genoa Healthcare, LLC, Omnicell UK, MTS Medication Technologies, and Catalyst Healthcare Ltd. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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