Streamlining Medication Management: The Future of Adherence Packaging
The global adherence packaging market size was valued at USD 1.03 billion in 2023 and is expected to grow at a CAGR of 6.4% from 2024 to 2030. This market growth is propelled by the growing need for effective medication management, particularly for the aging population and patients with chronic conditions. This demographic shift increases demand for packaging solutions that ensure correct and timely medication intake, thus driving market growth. Technological advancements and innovations in packaging materials present significant opportunities. The integration of smart packaging solutions, such as QR codes and IoT-enabled devices, is revolutionizing the market. These smart packages provide reminders, real-time adherence tracking, and data analytics, significantly improving medication compliance. For instance, WestRock’s intelligent blister packs and Medisafe's app-integrated packaging are pioneering solutions enhancing patient adherence. Adherence Packaging...