Medication Reminder Devices Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Type (Mobile Phone Reminders, In-Home Electronic Devices, Portable Reminder Devices), By End User (Homecare, Hospitals & Clinics, Others), By Company and By Region

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format

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Medication Reminder Devices Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Type (Mobile Phone Reminders, In-Home Electronic Devices, Portable Reminder Devices), By End User (Homecare, Hospitals & Clinics, Others), By Company and By Region

The global medication reminder devices market is anticipated to observe impressive growth during the forecast period, 2023-2027. The major factors include increase in number of several diseases, rising awareness about medical adherence, and technological advancements, are bolstering the growth of the market, globally. The other factors supporting the market's growth are

Rising number of various diseases supports market growth

Technological Advantages

Rapid technological advancements such as IoT based and AI based medication reminder devices, which are bolstering the growth of the market. The improvements and new innovations are made in order to make people’s lives easier. Increasing demand for personalized healthcare technologies are driving the market growth, globally.

Rising Awareness about Medication Adherence

For instance- ESPACOMP has announced that it will consolidate its 26th annual conference from 17th to 19th November 2022 in Germany. The topic of this year's conference will be"Medication Adherence and Patient Safety."

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MIR Segment1

Market Segmentation

Market Players

InforMedix Holdings, Inc., Bang & Olufsen Medicom A/S, MedSignals / VitalSignals LLC, MedCenter Systems LLC, MedMinder Systems Inc., Medisafe Limited, Walmart Inc. (CareZone), PillDrill, Inc., Pillsy, Inc., and PillTracker Ltd.

Attribute

Details

Base Year

2021

Historic Data

2017 â€“ 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume Units and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, Volume forecast company share, competitive landscape, growth factors, and trends

Segments covered

·         Type

·         End User

·         Company

Regional scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country scope

United States; Canada; Mexico; China; India; Japan; South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; South Africa; UAE; Saudi Arabia; South Africa

Key companies profiled

InforMedix Holdings, Inc., Bang & Olufsen Medicom A/S, MedSignals / VitalSignals LLC, MedCenter Systems LLC, MedMinder Systems Inc., Medisafe Limited, Walmart Inc. (CareZone), PillDrill, Inc., Pillsy, Inc., and PillTracker Ltd.

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