DUBLIN, Nov. 02, 2022 (GLOBE NEWSWIRE) — The “Medication Adherence Global Market Report 2022, By Type, By Medication, By Application” Report has been added ResearchAndMarkets.com Offer.
The global drug intake market is expected to grow from US$2828.08 million in 2021 to US$3181.58 million in 2022 at a compound annual growth rate (CAGR) of 12.5%. The market is expected to reach $4847.6 million in 2026 at a CAGR of 11.1%.
The main types of medication adherence are hardware-centric and software-centric. Medication compliance products, which are software-centric, are a collection of programs or applications that monitor, record, and notify the individual and their caregiver of their medication intake. The various drugs include cardiovascular, central nervous system, diabetes, oncology, respiratory, gastrointestinal, rheumatology and other drugs and are used in various applications such as hospitals, retail pharmacies, long-term care facilities and mail-order pharmacies.
The increasing need for medication adherence solutions to overcome poor prescribed medication compliance in the healthcare industry is expected to drive demand for medication adherence solutions. According to a study published by the Journal of Allergy and Clinical Immunology, there was a 14.5% increase in in-office use of controller inhalers between January and March 2020, where Propeller Health, a digital platform that tracks inhaler consumption, was used …
