Market Research Report

A quick peek into the report

1.1   Product Definition
1.2   Inclusion and Exclusion Criteria
1.3   Key Findings
1.4   Market Footprint and Growth Potential

2.1   Key Trends
2.2   Clinical Studies
2.3   Supply Chain Analysis
2.4   Patent Analysis
2.5   Regulatory Framework
2.5.1   U.S.
2.5.2   Europe
2.5.3   Asia-Pacific
2.6   Impact of COVID-19 on Medication Adherence Devices Market

3.1   Impact Analysis
3.2   Market Drivers
3.3   Market Restraints
3.4   Market Opportunities

4.1   Overview
4.2   Growth Share Matrix
4.3   Smart Pill Bottles
4.4   Electronic Trays
4.5   Automated Dispensing Systems
4.6   Smart Packaging System
4.7   Others

5.1   Overview
5.2   Growth Share Matrix
5.3   Cardiovascular
5.4   Central Nervous System
5.5   Diabetes
5.6   Oncology
5.7   Gastrointestinal
5.8   Respiratory
5.9   Other Therapeutic Areas

6.1   North America
6.1.1   Key Findings
6.1.2   Market Size and Forecast
6.1.2.1   North America Medication Adherence Devices Market. by Therapeutic Area
6.1.2.2   North America Medication Adherence Devices Market, by Country
6.1.2.2.1   U.S
6.1.2.2.2   Canada
6.2   Europe
6.2.1   Key Findings
6.2.2   Market Size and Forecast
6.2.2.1   Europe Medication Adherence Devices Market, by Therapeutic Area
6.2.2.2   Europe Medication Adherence Devices Market, by Country
6.2.2.2.1   U.K.
6.2.2.2.2   Germany
6.2.2.2.3   France
6.2.2.2.4   Italy
6.2.2.2.5   Spain
6.2.2.2.6   Rest-of-Europe
6.3   Latin America
6.3.1   Key Findings
6.3.2   Market Size and Forecast
6.3.2.1   Latin America Medication Adherence Devices Market, by Therapeutic Area
6.3.2.2   Latin America Medication Adherence Devices Market, by Country
6.3.2.2.1   Brazil
6.3.2.2.2   Mexico
6.3.2.2.3   Rest-of-Latin America
6.4   Asia-Pacific
6.4.1   Key Findings
6.4.2   Market Size and Forecast
6.4.2.1   Asia-Pacific Medication Adherence Devices Market, by Therapeutic Area
6.4.2.2   Asia-Pacific Medication Adherence Devices Market, by Country
6.4.2.2.1   China
6.4.2.2.2   Japan
6.4.2.2.3   India
6.4.2.2.4   Australia
6.4.2.2.5   South Korea
6.4.2.2.6   Rest-of-Asia-Pacific
6.5   Middle East and Africa
6.5.1   Key Findings
6.5.2   Market Size and Forecast
6.5.2.1   Middle East and Africa Medication Adherence Devices Market, by Therapeutic Area
6.5.2.2   Middle East and Africa Medication Adherence Devices Market, by Country
6.5.2.2.1   K.S.A
6.5.2.2.2   U.A.E.
6.5.2.2.3   Rest-of-Middle East and Africa

7.1   Overview
7.2   Key Strategies and Developments
7.2.1   Synergistic Activities
7.2.2   Regulatory Accreditations
7.2.3   Product and Service Launches
7.2.4   Acquisitions and Mergers
7.2.5   Approvals
7.3   Market Share Analysis
7.4   Global Ecosystem Glimpse
7.5   Company Profiles
7.5.1   Koninklijke Philips N.V.
7.5.1.1   Company Overview
7.5.1.2   Product Offering
7.5.1.3   Key Developments
7.5.1.4   Analyst Perception
7.5.2   AdhereTech
7.5.3   Cardinal Health
7.5.4   Schreiner MediPharm
7.5.5   DrFirst
7.5.6   Aptar Digital Health
7.5.7   Caredose
7.5.8   Vaica
7.5.9   SMRxT Inc.
7.5.10   Omnicell, Inc.

Product Definition:

According to BIS Research, medication adherence is the degree to which a patient consistently follows the prescribed instructions given by their healthcare provider regarding the timing, dosage, frequency, and duration of their medication regimen. Proper adherence ensures that patients receive the maximum therapeutic benefit from their medications, thereby improving health outcomes and reducing overall healthcare costs. Non-adherence, on the other hand, can lead to ineffective treatment, exacerbation of health conditions, and increased hospitalizations or medical complications.

How can this report add value?

The medication adherence market can add substantial value to various organizations, from healthcare providers to pharmaceutical companies, insurers, and tech firms.

The medication adherence devices market report is a concise analysis of the rapidly growing market including a snapshot of the current market landscape, covering key trends, opportunities, and challenges. The report also highlights different types of the market such as smart pill bottles, electronic trays, automated dispensing systems, smart packaging system, and others. Additionally, the report profiles leading companies and startups in the market, offering insights into their strategies and innovations. With a focus on market size, growth projections, and regional dynamics, the medication adherence market report is a valuable resource for manufacturers, distributors, and other pharmaceutical companies.

Medication Adherence Devices Report Summary

The medication adherence market report constitutes an extensive study of the medication adherence industry. Medication adherence refers to the degree to which a patient correctly follows prescribed medical instructions, such as the timing, dosage, and frequency of medication consumption. Poor adherence can lead to reduced treatment efficacy, increased healthcare costs, and elevated risks of adverse health outcomes. Thus, improving medication adherence has been a significant focus in the healthcare industry.

The key segments are:

•   By Type
o   Smart Pill Bottles
o   Electronic Trays
o   Automated Dispensing Systems
o   Smart Packaging System
o   Others

•   By Therapeutic Area
o   Cardiovascular
o   Central Nervous System
o   Diabetes
o   Oncology
o   Gastrointestinal
o   Respiratory
o   Others

The medication adherence market is segregated into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Data for each of these regions, along with country-level analysis is provided in the market study.

The key market players in the market are Koninklijke Philips N.V., Omnicell, Inc., AdhereTech, Cardinal Health, and Schreiner MediPharm, among others.