The Medication Adherence Global Market Report 2021-30 by The Business Research Company describes and explains the global medication adherence market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Medication Adherence Global Market Opportunities And Strategies Report covers medication adherence market drivers, medication adherence market trends, medication adherence market segments, medication adherence market growth rate, medication adherence market major players, and medication adherence market size.
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The medication adherence market report focuses particularly on identifying the trends, opportunities, and strategies that can lead to success. O&S reports are available off the shelf and can be delivered to clients on the day of purchase.
Medication Adherence Global Market Opportunities And Strategies Report is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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Trends in the market include:
Rising Demand For Smart Pill Container-
There has been an increasing demand for smart pill containers as these can monitor the medication-taking activity of patients. Pillboxes and pill bottles are equipped with sensors and use Bluetooth technology or Wi-Fi for wireless transmission of the data to a nearby computer or mobile. The smart pillbox can be programmed so that the user, caregiver, and/or pharmacist receive notifications from the pillbox. Most of the smart pillboxes have multiple compartments for daily medications, an audible alarm and LED indicators to guide?to the correct compartment. For instance, Zewa’s MedWell Smart Pill Box consists of 4 compartments for daily medications with alarm and LED lights. It can be connected to a mobile device, which displays daily medication schedule and also can be connected to an online website where data can be analyzed and medication schedules can be changed.
Increasing Use Of Smartphone Medical Adherence Apps-
Medical adherence apps, which help patients take medications as prescribed are emerging as a major trend in the medical adherence market. Low levels of medicine adherence results in poor disease outcomes for patients, therefore these type of apps can be used as a reminder to take medication, track medication taking, remind to refill or indicated amount of medication left, and store medication information. For instance, in 2019, Caredose, a medical technology startup, launched a mobile application, which helps patients adhere to their medications. The app will have all the information about the patient including the name of the medicine and dosage. It sends reminders to patients about the dosage and time of consuming the medicines. It also records the response from patients whether they are taking their dose correctly or not.
The market is segmented:
By Type-
- Hardware Centric
- Software Centric
By Medication-
- Cardiovascular
- Central Nervous System
- Diabetes
- Oncology
- Gastrointestinal
- Musculoskeletal
- Others
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