DUBAI, United Arab Emirates, The global Smart Pill Boxes & Bottles market was valued at xx million US$ 144.2 Mn in 2022 and will reach xx million US$ 254.7 Mn by the end of 2028, growing at a CAGR of 9.9% during 2022-2028.
DUBAI, United Arab Emirates, The global Smart Pill Boxes & Bottles market was valued at xx million US$ 144.2 Mn in 2022 and will reach xx million US$ 254.7 Mn by the end of 2028, growing at a CAGR of 9.9% during 2022-2028. This report focuses on Smart Pill Boxes & Bottles volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Smart Pill Boxes & Bottles Market Size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
Request a report sample to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-1710
Smart pill boxes and bottles are increasingly being perceived as a potential solution to such challenges posed by increased healthcare delivery costs. Significance of medication adherence continues to rise with increasing prevalence of chronic conditions, propelling demand for smart pill boxes and bottles.
Dementia and geriatric care remain the key application areas of smart pill boxes and bottles, according to the report. More than 80% of sales is accounted by aging patients and dementia-afflicted population. Cancer management is likely to emerge lucrative in terms of applicability in coming years.
With surging demand for high-quality healthcare delivery, senior care centers, hospitals, long-term care centers, and homecare settings are accelerating adoption of medication dispensers, thereby elevating the revenue growth of smart pill boxes and bottles market. Some of the leading companies are actively involved in the development of advanced technology medication dispensing devices with zero error risks during medication.
Home care settings maintain the highest consumption share in smart pill boxes and bottles market that roughly equates 65% of total sales. Almost a fifth of smart pill boxes and bottles sold are installed at seniors care and assisted living centers. FMI's analysis indicates that long-term care centers are also creating promising market opportunities for smart pill boxes and bottles manufacturers and distributors.
For any Queries Related with the Report, Ask an Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-1710
North America continues to reign supreme owing to early adoption of advanced technology enabled smart pill boxes and bottles, accounting for more than a third of the global market revenue. European market for smart pill boxes and bottles also represents a substantial volume share, majorly driven by German patients. South and East Asian regions are briskly developing high-potential markets for manufacturers and distributors of smart pill boxes and bottles, says the report.
The vendor landscape of smart pill boxes and bottles market remains fairly consolidated and competitive, as Tier 1 manufacturers continue to account for a majority of share in the market in terms of volume. While dominance of Koninklijke Philips N.V., PharmRight Corporation & Livi, and AdhereTech prevails in smart pill boxes and bottles market, the report finds that the competition among these players is characterized by product innovation, new launches, and technological advancements.
Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-1710
Key Market Segments Covered:
- Drug Class
- Route of Administration
- Dosage Form
- Distribution Channel
- Region
Competitive Landscape for Smart Pill Boxes & Bottles Market:
- Adhere Tech
- Koninklijke Philips N.V.
- MedMinder
- PharmRight Corporation & Livi
- Medipense Inc.
- e-pill,LLC
- MedReady Inc.
- Pillsy, Inc.
Explore FMI’s Extensive ongoing Coverage on Healthcare Domain
Smart Orthopedic Implants Market - According to latest research by Future Market Insights, smart orthopedic implants market is set to witness steady growth during 2021-2031. Demand for smart orthopedic implants market will witness steady recovery in short-term, with optimistic growth outlook in the long-run.
Smart Medication Adherence Sensors Market - Non-adherence of medication is widespread problem, where a patient fails to follow the medication schedule which results into the delayed or no cure of the disease which may lead to death in fatal cases.
Smart Contact Lens Market - The smart contact lens contains a wireless chip and miniaturized sensor for monitoring of physiological parameters such as glucose levels in tears of a diabetic patient or intraocular pressure in glaucoma patients.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com/
Report: https://www.futuremarketinsights.com/reports/smart-pill-boxes-bottles-market