Medication Adherence Devices Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented Type (Hardware Centric v/s Software Centric), By Medication (Cardiovascular, Central Nervous System, Diabetes, Oncology, Gastrointestinal, Musculoskeletal, Others), By Region, and Competition
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationMedication Adherence Devices Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F Segmented Type (Hardware Centric v/s Software Centric), By Medication (Cardiovascular, Central Nervous System, Diabetes, Oncology, Gastrointestinal, Musculoskeletal, Others), By Region, and Competition
Growing Prevalence of Cardiovascular Diseases
World Health Organization
Growing Demand for Advanced Medication Adherence
The growing demand for advanced medication adherence systems is driving the medication adherence devices market growth in the forecast period. The healthcare ecosystem is fragmented across the globe by the availability of a huge number of decision makers for the diagnosis and treatment and the management of individual patients suffering from chronic diseases. The growing coordination among healthcare professionals and patients has enhanced the quality of care and its cost, as it leads to the fragmentation of healthcare information such as medical history, patient demographics, billing, diagnosis and administrative data, and this in turn is expected to boost the growth of the market over the years.
Growing Awareness about Medication Adherence
For instance- ESPACOMP has announced that they will organize its 26th annual conference from 17th to 19th November 2022 in Berlin (Germany) and the theme of this year's conference will be"Medication Adherence and Patient Safety." Governments and non-government organizations sponsor conferences and events across the year to tutor patients and caregivers regarding medication adherence.
Market Segmentation
Global Medication Adherence Devices market can be segmented by type, medication, region and competitional landscape. Based on the type, the market can be divided into hardware centric and software centric. Based on medication, the market can be segmented into cardiovascular, central nervous system, diabetes, oncology, gastrointestinal, musculoskeletal, and others. Regionally, North America dominated the market among Asia Pacific, Europe, Middle East & Africa, and South America. Among the different countries, the United States dominatesthe global medication adherence devices market on account of the increasing prevalence of cardiovascular diseases in the country.
Market Players
Becton, Dickinson, and Company (CareFusion)., DrFirst.com,Inc. , AdhereTech Inc., MedMinder., CareDose., Fruitech Ltd., PHC Holdings Corporation., MedAdvisor International Pty Ltd. are some of the leading players operating in the Global Medication Adherence Devices Market.
Recent Development
- In November 2018,AdhereTech Inc., announced receiving investment from Argentum Group. Thecompany stated that with this new financing it would be increasing its pharmacyand pharmaceutical partnerships and expand into more healthcare verticals.
- September 2021CurantHealth and Humana Inc. teamed up to help in achieving better health outcomesfor Humana members suffering from Chronic Obstructive Pulmonary Disease (COPD)and Chronic Heart Failure (CHF). The novel pilot program, aimed at refiningmedication adherence to help patients lead healthier lives and eventually helplessen health care costs, offers inclusive support for members suffering fromcomplex health conditions and prescription medication needs.
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2023-2028 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | By Type By Medication By Region |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States; Canada; Mexico; France; Germany; United Kingdom; Italy; Spain; China; India; Japan; South Korea; Australia; Brazil; Argentina; Colombia; South Africa; Saudi Arabia; UAE |
| Key companies profiled | Becton, Dickinson, and Company (CareFusion)., DrFirst.com,Inc. , AdhereTech Inc., MedMinder., Caredose., Fruitech Ltd., PHC Holdings Corporation., MedAdvisor International Pty Ltd. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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