Adherence Packaging Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.04 Billion |
| Market Size (2029) | USD 1.44 Billion |
| CAGR (2024 - 2029) | 6.72 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Adherence Packaging Market Analysis
The Adherence Packaging Market size is estimated at USD 1.04 billion in 2024, and is expected to reach USD 1.44 billion by 2029, growing at a CAGR of 6.72% during the forecast period (2024-2029).
- Adherence packaging, predominantly utilized in healthcare, serves to streamline medication management, replacing traditional pill organizers. This packaging aligns with patients' daily routines, facilitating timely and accurate prescription intake as directed by healthcare providers.
- Inadequate adherence to pharmacological therapy and illness management is a known factor leading to emergency hospitalizations among those with chronic obstructive pulmonary disease (COPD). Consequently, the demand for adherence packaging is on the rise, with projections indicating substantial growth in the near future.
- Furthermore, a heightened focus on minimizing drug waste is bolstering the adherence packaging sector. Waste not only strains healthcare finances but also poses environmental risks. Yet, the industry faces challenges, notably in the form of high implementation, installation, and maintenance costs, which could potentially impede its global expansion.
- Recent advancements in packaging technology are integrating digital capture features utilizing near-field communication (NFC) or radio frequency identification (RFID). These innovations aim to enhance verification processes. Unit-dose blisters, equipped with passive, active, and interactive elements, are at the forefront of combating the opioid crisis and bolstering pharmaceutical safety. Passive components include graphic or text-based alerts, while active features leverage electronics for timely reminders or alarms. Interactive functionalities empower patients to engage with the packaging, aiding in dose recording and addiction management.
- Several companies are actively pursuing strategies, like new product launches and strategic partnerships, to stay competitive in this evolving landscape. Notably, Acute Technology, a company in tech-driven medication adherence, is championing the Hydra Communications Gateway. This technology could potentially allow smartphone users to monitor their dosages electronically, addressing concerns around the control of medications dispensed via weekly trays.
- Pharmaceutical giants like Gilead and Eli Lilly are at the forefront of the battle against COVID-19. Their stocks are surging, reflecting a renewed focus on innovation, especially in infectious diseases. This heightened activity, driven by the urgent quest for COVID-19 treatments, is poised to have a substantial impact on the adherence packaging market. In conclusion, the advancements and increased investments in COVID-19 therapies by leading pharmaceutical companies are expected to drive significant growth in the adherence packaging market.
Adherence Packaging Market Trends
Multi-dose Packaging is Expected to Witness Significant Growth
- The rising significance of medication adherence and the advantages of synchronizing medications have spurred the emergence of multi-dose packaging solutions. Multi-dose blister cards offer several benefits, such as streamlining dosage schedules to reduce confusion, facilitating self-medication, and reducing monthly pharmacy visits. Numerous studies underscore the enhanced adherence and health outcomes associated with multi-med blister packs, especially when coupled with medication therapy management (MTM).
- As reported by the India Brand Equity Foundation (IBEF), India's drug and pharmaceutical exports in FY 2024 (until February 2024) reached USD 25.0 billion, from USD 25.4 billion recorded in FY 2023. This resilience is notable, given the backdrop of global supply chain disruptions, lockdowns, and subdued manufacturing. Notably, the United States, Belgium, South Africa, the United Kingdom, and Brazil emerged as India's primary export destinations in FY 2023. India's performance underscored its pivotal role in the global pharma landscape, showcasing unwavering reliability even in the face of crises, notably exemplified during the COVID-19 pandemic.
- According to IBEF, India boasts the highest number of USFDA-compliant companies operating outside the United States. Notably, 8 out of the top 20 global generic companies hail from India, and more than half (55%) of the country's exports target highly regulated markets. Given its status as a major vaccine exporter, India fulfills a substantial 65-70% of the World Health Organization's (WHO) vaccine demand.
- Findings from an Omnicell survey underscore the impact of multimed packaging on patient adherence. Initially, patients in this group achieved an 80% adherence rate, which surged to an impressive 90% by the trial's end. In contrast, patients relying solely on pill bottles managed a modest 56% adherence rate. Omnicell's solution, the SureMed+, a seven-day, four-time pass, cold-seal, bi-fold card, was adopted by Holyoke Health Center following Omnicell's provision of multimed blister cards.
- E-commerce players are increasingly focusing on enhancing convenience, compliance, and tailored healthcare packaging for the elderly. Amazon's acquisition of PillPack last year underscores the rising demand for online medication delivery, hinting at a growing interest in multi-med packs. With the onset of COVID-19, multi-dose packaging is crucial, aiming to streamline prescription processing, minimize 'touchpoints,' and mitigate self-medication errors.
North America Dominates the Market
- The North American region is developed with prosperous economies, aging population segments, and advanced medical delivery systems. Still, the countries vary measurably in population size, healthcare spending intensities, aggregate gross domestic product (GDP) levels, and the structure of health insurance plans. With an advanced primary medical community, extensive medical and life science research activities, high healthcare spending intensity, and large pharmaceutical and medical supply and device industries, the United States accounts for one of the world's largest geographical markets for adherence packaging products.
- Furthermore, the United States is witnessing improved medication adherence in the correctional setting. The incarcerated population in most correctional facilities relies on an outside pharmacy to fill their prescriptions. An onsite pharmacist may be provided in some situations. However, such staff is often restricted, relying on a centralized location to supply drugs and an onsite nurse manager or similar to dispense. This strengthens the case for dispensing administration systems that are low-effort for personnel while yet being well-managed to ensure patient adherence.
- As per Parata Systems, non-adherence to medication, on average, costs USD 300 billion/year in the United States. Pouch packaging has reduced the cost of care and improved patient outcomes. With the growing presence of strip packaging in the market, patient awareness is expected to pressure pharmacies without proper packaging to be left behind. The company launched Parata PASSTM 36, targeting pharmacies. Parata Systems, being a provider of pharmacy automation systems, including vial-filling, adherence packaging, and workflow and patient experience solutions, launched a pouch packager named PASSTM 36.
- Businesses in the region are focused on a mission: helping people stay adherent to their medications and improving their care outcomes. To achieve this, they are increasingly forging partnerships with innovative market players, particularly those with strong ties to pharmacies. By doing so, these businesses aim to expand the reach of the patients they serve. Leveraging their expertise in primary packaging and their relationships with pharmacy leaders, these companies are poised to develop enhanced adherence solutions, thereby magnifying their impact.
- Adherence to medication is pivotal to successful therapy outcomes and can significantly reduce the need for costly hospitalizations. In this landscape, digital therapy support is gaining prominence. This support extends beyond traditional body-worn sensors and apps, encompassing connected primary packaging, delivery systems, and advanced medication adherence monitoring. Consequently, collaborations and alliances are emerging, offering cloud-based software and devices to pharmacies. These tools empower pharmacies to swiftly introduce adherence solutions, bolstering patients' health journeys with minimal workflow adjustments and paving the way for new revenue streams.
Adherence Packaging Industry Overview
The adherence packaging market is semi-consolidated and consists of a few significant players. Companies like Cardinal Health Inc., WestRock Company, Omnicell Inc., Parata Systems LLC, and Keystone Folding Box Co. hold substantial market shares. The market is also witnessing multiple product launches and partnerships.
In April 2024, Gerresheimer, a global partner for the pharma, biotech, and cosmetics industries, recently partnered with US digital health company RxCap, acquiring a minority stake. In this collaboration, Gerresheimer's subsidiary, Centor, gains exclusive US pharmacy distribution rights for RxCap's adherence solutions. These solutions include connected prescription vial closures and cloud-based software, enhancing Centor's existing offerings. This move underscores Gerresheimer's commitment to providing customers with integrated packaging and digital monitoring solutions.
In April 2024, Canadian medical supplier Healthmark Services Ltd, a division of RICHARDS Packaging Inc., teamed up with JFCRx. This partnership designates Healthmark Services Ltd as the sole provider of JFCRx's adherence pouch packaging, inspection, and semi-automated vial filling pharmacy automation equipment. JFCRx, known for its "analytics-driven automation," empowers pharmacies with real-time data insights, enhancing operational efficiency and profitability. Their flagship product, TruPak, integrates advanced hardware and software, offering features like RFID smart canisters, customizable pouch sizes, and on-the-fly replenishment, ensuring both labor savings and enhanced safety.
Adherence Packaging Market Leaders
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Westrock Company
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Omnicell Inc.
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Cardinal Health, Inc.
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Keystone Folding Box Co.
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Jones Healthcare Group
*Disclaimer: Major Players sorted in no particular order
Adherence Packaging Market News
- March 2024 - Jones Healthcare Group, a prominent player in packaging and medication dispensing solutions, revealed its acquisition of a seven-color Koenig & Bauer high-speed litho press. Widely acknowledged as the premier high-performance packaging press, this acquisition underscores Jones' ongoing commitment to pioneering business practices. The move is poised to significantly bolster Jones' production capacity, enhance its operational flexibility, and drive up efficiency levels.
- March 2024 - Capsa Healthcare, a global leader in healthcare workflow solutions, introduced NexPak, an innovative system designed to streamline patients' medication packaging. This automated solution not only enhances operational efficiency and accuracy for pharmacies but also simplifies patient medication administration. NexPak is engineered with scalability and user-friendliness, making it easier for pharmacies to adopt automated compliance packaging and broaden their service offerings. By automating the packaging of daily medications into strip packs, NexPak not only streamlines nurses' preparation and administration tasks but also ensures patient safety and convenience with its user-friendly pouches and precise dosages. The system is tailored for extended care settings, featuring flexible packaging, scalability of up to 480 NDCs, user-intuitive software, and robust reporting capabilities.
Adherence Packaging Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
- 4.2 Industry Supply Chain Analysis
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4.3 Industry Attractiveness - Porter's Five Forces Analysis
- 4.3.1 Bargaining Power of Suppliers
- 4.3.2 Bargaining Power of Consumers
- 4.3.3 Threat of New Entrants
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
- 4.4 Assessment of the Impact of COVID-19 on the Industry
5. MARKET DYNAMICS
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5.1 Market Drivers
- 5.1.1 Rise in Need to Minimize Medication Wastage
- 5.1.2 High Rate of Medication Non-adherence
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5.2 Market Challenges
- 5.2.1 High Installation and Maintenance Costs of Automated Systems
- 5.2.2 Lack of Awareness Regarding Medication Adherence Packaging
6. GOVERNMENT REGULATIONS
7. MARKET SEGMENTATION
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7.1 Material
- 7.1.1 Plastic (PE, PET, PVC, and PP)
- 7.1.2 Paper and Paperboard
- 7.1.3 Aluminum
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7.2 Type
- 7.2.1 Unit-dose Packaging
- 7.2.2 Multi-dose Packaging
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7.3 Packaging Type
- 7.3.1 Blisters
- 7.3.2 Pouches
- 7.3.3 Other Packaging Types
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7.4 End-user Industry
- 7.4.1 Pharmacies
- 7.4.2 Hospitals
- 7.4.3 Other End-user Industries
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7.5 Geography
- 7.5.1 North America
- 7.5.2 Europe
- 7.5.3 Asia-Pacific
- 7.5.4 Latin America
- 7.5.5 Middle East and Africa
8. COMPETITIVE LANDSCAPE
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8.1 Company Profiles*
- 8.1.1 Westrock Company
- 8.1.2 Keystone Folding Box Co.
- 8.1.3 Cardinal Health Inc.
- 8.1.4 Omnicell Inc.
- 8.1.5 Jones Healthcare Group
- 8.1.6 Drug Package LLC
- 8.1.7 Parata Systems LLC
- 8.1.8 Manrex Limited
- 8.1.9 Medicine-On-Time LLC
- 8.1.10 Rx Systems Inc.
9. INVESTMENT ANALYSIS
10. FUTURE OF THE MARKET
Adherence Packaging Industry Segmentation
Adherence packaging, also known as compliance packaging, refers to the type of packaging that eases the patient's adherence to their drug regimen. The arrangement of drugs, by specifying drugs by dose, days of the week, and time of day, makes it easier for patients to take the right medicines at the right time.
The adherence packaging market is segmented by material (plastic, paper and paperboard, and aluminum), by type (unit-dose packaging and multi-dose packaging), by packaging type (blisters and pouches), by end-user industry (pharmacies and hospitals), and geography (North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa).
| Material | Plastic (PE, PET, PVC, and PP) |
| Paper and Paperboard | |
| Aluminum | |
| Type | Unit-dose Packaging |
| Multi-dose Packaging | |
| Packaging Type | Blisters |
| Pouches | |
| Other Packaging Types | |
| End-user Industry | Pharmacies |
| Hospitals | |
| Other End-user Industries | |
| Geography | North America |
| Europe | |
| Asia-Pacific | |
| Latin America | |
| Middle East and Africa |
Adherence Packaging Market Research FAQs
How big is the Adherence Packaging Market?
The Adherence Packaging Market size is expected to reach USD 1.04 billion in 2024 and grow at a CAGR of 6.72% to reach USD 1.44 billion by 2029.
What is the current Adherence Packaging Market size?
In 2024, the Adherence Packaging Market size is expected to reach USD 1.04 billion.
Who are the key players in Adherence Packaging Market?
Westrock Company, Omnicell Inc., Cardinal Health, Inc., Keystone Folding Box Co. and Jones Healthcare Group are the major companies operating in the Adherence Packaging Market.
Which is the fastest growing region in Adherence Packaging Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Adherence Packaging Market?
In 2024, the North America accounts for the largest market share in Adherence Packaging Market.
What years does this Adherence Packaging Market cover, and what was the market size in 2023?
In 2023, the Adherence Packaging Market size was estimated at USD 0.97 billion. The report covers the Adherence Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Adherence Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Adherence Packaging Industry Report
Statistics for the 2024 Adherence Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Adherence Packaging analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
