Multi-Med Adherence Packaging Market
Global Packaging Tape Printing Market by Product (Hot Melt, Acrylic), Material (Polypropylene, PVC, Others), Printing Ink (Water-based, UV-curable) & by Region - Global Forecast to 2023.
Global Packaging Tape Printing Market by Product (Hot Melt, Acrylic), Material (Polypropylene, PVC, Others), Printing Ink (Water-based, UV-curable) & by Region - Global Forecast to 2023.
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<strong>Multi</strong>-<strong>Med</strong> <strong>Adherence</strong> <strong>Packaging</strong> <strong>Market</strong><br />
Research Report By Forecast To 2023<br />
Industry Survey, Growth, Competitive Landscape<br />
and Forecasts to 2023<br />
PREPARED BY<br />
<strong>Market</strong> Research Future<br />
(Part of Wantstats Research & <strong>Med</strong>ia Pvt. Ltd.)
<strong>Multi</strong>-<strong>Med</strong> <strong>Adherence</strong> <strong>Packaging</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />
Global <strong>Multi</strong>-<strong>Med</strong> <strong>Adherence</strong> <strong>Packaging</strong> <strong>Market</strong> Information Report by Material (Plastic, Paper and<br />
Aluminum Foil), By Product (Blister Card and Pouches), by End User (Retail Pharmacies, Hospital, and Long<br />
Term Care Facilities) and By Region - Global Forecast To 2023<br />
In multi-med adherence packaging, pharmacies or hospitals put multiple doses into prefilled medicine packs and each pack<br />
is labelled with the date, day of the week and time of administration. This helps people with complicated prescription<br />
regimens, take their prescriptions properly.<br />
The prominent players in the global multi-med adherence packaging market include Omnicell, Inc. (U.S.), Manrex Limited<br />
(Canada), Rx Systems, Inc. (U.S.), Cardinal Health, Inc. (U.S.), Jones <strong>Packaging</strong> Inc. (U.S.), Global Factories Group (The<br />
Netherlands), Drug Package LLC (U.S.), TCGRx (U.S.), Parata Systems, LLC (U.S.) and others.<br />
Hence, global multi-med adherence packaging market is expected to grow at a CAGR of 5.96% during the forecast period.<br />
The report for Global <strong>Multi</strong>-<strong>Med</strong> <strong>Adherence</strong> <strong>Packaging</strong> <strong>Market</strong> of <strong>Market</strong> Research Future comprises of extensive primary<br />
research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key<br />
opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of<br />
current market scenario which includes historical and projected market size in terms of value, technological advancement,<br />
macro economical and governing factors in the market. The report provides details information and strategies of the top key<br />
players in the industry. The report also gives a broad study of the different market segments and regions.<br />
Report Sample @ https://www.marketresearchfuture.com/sample_request/4157<br />
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<strong>Multi</strong>-<strong>Med</strong> <strong>Adherence</strong> <strong>Packaging</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />
Segmentation of Global <strong>Multi</strong>-<strong>Med</strong> <strong>Adherence</strong> <strong>Packaging</strong> <strong>Market</strong>:<br />
Global multi-med adherence packaging market has been segmented based on materials, product, end users and regions. On<br />
the basis of material, the market is segmented as plastic, paper and aluminum foil. Plastic accounted for the largest market<br />
share of 57.70% in 2016, with a market value of USD 210.5 million and is projected to grow at the highest CAGR of 6.48%<br />
during the forecast period. Different types of plastics such as polyethylene (PE), Polypropylene (PP), and polyvinyl chloride<br />
(PVC), are used. Plastic offers good visibility to the product and provides secure & attractive packaging. Additionally, it is<br />
durable, clean, lightweight, transparent, and cost-effective. Aluminum Foil was the second-largest market in 2016, valued at<br />
USD 93.4 million in 2016; it is projected to grow at a CAGR of 5.42%. Based on product, Blister Cards accounted for the<br />
largest market share of 86.60% in 2016, with a market value of USD 315.9 million. Blister packaging safeguards medicines<br />
and small medical devices from oxygen, moisture, odor and also increases their shelf life. Blistering materials can also help<br />
with temperature fluctuations that can occur during shipping.<br />
On the basis of end user, the market is segmented as retail pharmacies, hospital, and long term care facility. Retail<br />
Pharmacies accounted for the largest market share of 42.60% in 2016, with a market value of USD 155.4 million. Growing<br />
need to prevent dispensing errors, and thereby improving the operational capacity, are the factors driving the adoption of<br />
adherence packaging in retail pharmacies. Long-term care facilities includes nursing homes, skilled nursing facilities, and<br />
assisted living facilities. These long-term care facilities are increasing continuously across the world due to increasing aging<br />
population. Hence, long-term care facilities segment is expected to grow at a highest CAGR of 6.29%.<br />
Browse Report @ https://www.marketresearchfuture.com/reports/multi-med-adherence-packagingmarket-4157<br />
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<strong>Multi</strong>-<strong>Med</strong> <strong>Adherence</strong> <strong>Packaging</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />
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<strong>Multi</strong>-<strong>Med</strong> <strong>Adherence</strong> <strong>Packaging</strong> <strong>Market</strong> Research Report - Forecast to 2023<br />
Regional Analysis of Global <strong>Multi</strong>-<strong>Med</strong> <strong>Adherence</strong> <strong>Packaging</strong> <strong>Market</strong>:<br />
On the basis of regions, North America dominates the global multi-med adherence packaging market. North America<br />
accounted for the largest market share of 41.10% in 2016, with a market value of USD 149.9 million and is projected to grow<br />
at a CAGR of 6.09% during the forecast period. In North America the market is driven by various factors such as growing<br />
pharmaceuticals market, high rate of medication non adherence, and increase in funding by government agencies. U.S. is<br />
dominating the multi-med adherence packaging market in North America with a market share of 80.6% in 2016. Europe was<br />
the second-largest market and valued at USD 118.9 million in 2016. The growth of the market across the European region is<br />
primarily driven by the availability of significant government funding for R&D, presence of leading adherence packaging<br />
companies, increasing prevalence of cardiovascular diseases, and growth in aging population.<br />
Asia-Pacific is also the major region for the market. Rising awareness among the consumers, growing urbanization, and<br />
increasing affluence in the Asia-Pacific region are the factors expected to fuel the demand for market during the forecast<br />
period. China, India, and Japan, are some of the key countries in the region that are significantly contributing towards the<br />
growth of the Asia-Pacific multi-med adherence packaging market.<br />
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