The reports have been updated with the most recent Ukraine-Russia War impact on market growth for all 27+ industries. The reports also provide possible solutions and opportunities for surviving this crisis.

The medication adherence market is forecasted to achieve notable growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 11%, as per The Business Research Company’s market report!

Read More On The Medication Adherence Market Report 2022 – https://www.thebusinessresearchcompany.com/report/medication-adherence-global-market-report

The Medication Adherence Market Size In 2022 And Forecast

The global medication adherence market is expected to grow from $2828.08 million in 2021 to $3181.58 million in 2022 at a compound annual growth rate (CAGR) of 12.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The medication adherence market is expected to reach $4847.6 million in 2026 at a CAGR of 11.1%.

The medication adherence market consists of sales of medication adherence hardware systems and software applications.

Request for A Sample Of The Global Medication Adherence Market Report:

 https://www.thebusinessresearchcompany.com/sample.aspx?id=4012&type=smp

The Increasing Requirement For Medication Adherence Solutions Is Driving The Growth Of The Medication Adherence Market

According to a study published by The Journal of Allergy and Clinical Immunology, in Practice, there has been an increase in controller inhaler use between January and March 2020 by 14.5% where, Propeller Health, a digital platform that tracks the inhaler consumption was used to send alerts to the patients when it is missed. Non-adherence to medication increases cost urging the patients to use medication adherence to treat the problem effectively, thereby generating higher demand for medication adherence solutions.

Competitive Landscape And The Regional Analysis Of The Medication Adherence Market

Major players in the medication adherence market are Koninklijke Philips N.V., Cardinal Health Inc., Omnicell Inc., McKesson Corporation, Johnson & Johnson Services, Inc., Proteus Digital Health, Inc., AdhereTech Inc., Qualcomm Incorporated, Adherence Solutions LLC and SMRxT Inc.

The Medication Adherence Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. 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. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the medication adherence market.

Strategic Initiatives – A Key Trend In The Medication Adherence Market

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.

Medication Adherence Market Segmentation By The Business Research Company

1) By Type: Hardware Centric, Software Centric

2) By Medication: Cardiovascular, Central Nervous System, Diabetes, Oncology, Respiratory, Gastrointestinal, Rheumatology, Others

3) By Application: Hospital, Retail Pharmacies, Long-Term Care Facilities, Mail-Order Pharmacies

Here Are Some Reports Related To The Medication Adherence Market –

Pharmaceuticals Global Market Report 2022

Healthcare Services Global Market Report 2022

Value Based Care Payment Global Market Report 2022

Get In Touch With Us – Call us at:

Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708

Found this article helpful? Share it on: