According to a new report published by Allied Market Research, titled, “Medication Adherence Market: Global Opportunity Analysis and Industry Forecast, 2021-2030” Medication adherence system describes the degree to which a patient follows medical advice as per instructed by medical service specialist. The framework checks if the medicine routine of the patient adjusts to a concurred medication routine suggested by the medical care supplier regarding timing, measurement, and recurrence. Medication adherence system and programming assist clinical staff with patient admission to drug endorsement.

All chronic illness requires drug delivery, therapy, observing, and imposing adherence to the medicine plan. The expanding awareness on acceptance of medication and therapies is one of the major reasons for the medication adherence market growth.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐨𝐮𝐜𝐡𝐞𝐫:

COVID-19 Impact Analysis

Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing shortage of these drugs. Thus, the pharmaceutical and biotechnology industries are expected to witness a significant growth in the future, owing to the demand for vaccine and treatment drugs for COVID-19. This, in turn, is expected to have a significant impact on the global medical adherence market.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲:

Cardinal Health, a global pharmacy player, recently announced a new technology-based software for improving drug adherence among patients. The platform which is named as “Outcomes” combined several key business processes to deliver medications.

HealthBeacon, a global medical device player, has recently launched a COVID-19 support offering for patients on injectable therapies. The system known as Injection Care Management System (ICMS) includes virtual care support, coordination of medical therapy, medical waste collection, and HealthBeacon Smart Chips.

The medical adherence market in Asia-Pacific is witnessing a huge surge, owing to the changing tendency of the customers combined with rising geriatric populace leading to more incidents of the chronic illness in this region. 

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬:

  • This study presents the analytical depiction of the medication adherence industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the medication adherence market share.
  • The current market is quantitatively analyzed from 2020 to 2030 to highlight the market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed analysis depending on competitive intensity and how the competition will take shape in the coming years.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧:

Key Market Players

  • CareFusion (Becton Dickenson),
  • Proteus Digital Health,
  •, Inc.,
  • AdhereTech Inc.,
  • MedMinder,
  • Caredose,
  • Fruitech Ltd.,
  • PHC Holdings Corporation,
  • Kakehashi Inc.,
  • MedAdvisor International Pty Ltd.,
  • InHandPlus Inc.,
  • Everwell,
  • Aardex Group,
  • Propeller Health,
  • Umotif,
  • Echo,
  • HealthEra,
  • Health Beacon

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:

North America and Europe Menstrual Cup Market:

Surgical Robotic System Market:

Surgical Drains Market:

Questions Answered in the
Medication Adherence Market Report

  • Which are the leading players active in the medication adherence market?
  • How is each segment of the market expected to grow during the forecast period?
  • What are the adoption trends for the medication adherence market in emerging economies and established economies across the world?
  • What are the current trends that will influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities of the market?
  • What future projections would help in taking further strategic steps?
  • What are the impacts of COVID-19 in the industry?
  • What is medication adherence?
  • What is the medication adherence market prediction in the future?
  • What are the current trends and predicted trends?

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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