Top 5 Insights From The Medication Adherence Market Report 2023
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032
According to The Business Research Company’s Medication Adherence Global Market Report 2023, the medication adherence market is expected to show promising growth in the forecast period.
Five Key insights from the forecast include:
- Market Size – The global medication adherence market size is expected to grow from $3.18 billion in 2022 to $3.58 billion in 2023 at a compound annual growth rate (CAGR) of 12.5%. The size of the global medication adherence market is expected to grow to $5.36 billion in 2027 at a CAGR of 10.6%.
- Major Driver – The increasing requirement for medication adherence solutions to overcome poor adherence to prescribed medication in the healthcare industry is projected to boost the demand for medication adherence solutions.
- Key Trend – Major players are undertaking strategic initiatives such as partnerships and business expansions in untapped regions, which is likely to be a major trend in the medication adherence market.
- Largest Region – North America was the largest region in the medication adherence market in 2022.
- Major Players – Major players in the medication adherence market are Koninklijke Philips N.V., Cardinal Health Inc., Omnicell Inc., McKesson Corporation, Johnson & Johnson Services, Inc.
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Key Medication Adherence Market Segments
The global medication adherence market is segmented –
1) By Type: Hardware Centric, Software Centric
2) By Medication: Cardiovascular, Central Nervous System, Diabetes, Oncology, Respiratory, Gastrointestinal, Rheumatology, Other Medications
3) By Application: Hospital, Retail Pharmacies, Long-Term Care Facilities, Mail-Order Pharmacies
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Medication adherence are the systems that helps to check if a person follows medication recommended by a healthcare provider, whether patients take their medications as prescribed, as well as whether they continue to take a prescribed medication. Medication adherence hardware and software help medical personnel with the patient’s intake to prescribed medication to reduce cases of worsening disease and deaths and decrease healthcare costs.
The Medication Adherence Global Market Report 2023 offers a comprehensive overview on the medication adherence market size, growth rate, trends and drivers, opportunities, strategies, and competitor landscape. The countries covered in the medication adherence market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The Table Of Content For The Medication Adherence Market Include:
1. Medication Adherence Market Executive Summary
2. Medication Adherence Market Segments
3. Medication Adherence Market Size And Medication Adherence Market Growth Rate
4. Key Medication Adherence Market Trends
5. Major Medication Adherence Market Drivers
……
25. Key Mergers And Acquisitions In The Medication Adherence Market
26. Top Medication Adherence Companies
27. Medication Adherence Market Opportunities And Strategies
28. Medication Adherence Market, Conclusions And Recommendations
29. Appendix
View More Related Reports –
Software Consulting Global Market Report 2023
Medical Billing Outsourcing Global Market Report 2023
Medication Management System Global Market Report 2023
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