DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Medication Adherence Market Size, Share, Development, Growth and Demand Forecast to 2022" report to their offering.
The global medication adherence market is growing at a significant rate due to the growing demand for advanced medication adherence systems, and growing geriatric population. The market is further expected witness significant growth during 2016-2022. As per the United Nations Department of Economic and Social Affairs (UN-DESA) report on the global aging population, the population of people aged 60 years or above is growing with high rate. The number has increased from a global share of 9.2% in 1990 to 11.7% in 2013, and is expected to reach 21.1% by the end of 2050. Further, the increasing demand of mobile health (mHealth) technologies and increasing demand of personalized healthcare technologies are also driving the growth of the global medication adherence market. Among the various product offerings in the medication adherence market, the software-only offering segment is expected to witness the fastest growth during the forecast period.
Medication adherence refers to the conformance of patients with the medication prescribed by the healthcare providers in respect to their dosage and timing. According to the U.S. Centers for Disease Control and Prevention (CDC), approximately 20% to 30% of the prescribed medications are never filled. The chronic under-use of medications is one of the most common forms of non-adherence. According to the CDC, the non-adherence of drug therapy causes 30% to 50% of treatment failures and leads to 125,000 deaths annually.
Some of the key companies operating in the global medication adherence market include Koninklijke Philips N.V., Qualcomm Incorporated, Proteus Digital Health Inc., AdhereTech Inc., Omnicell, Inc., Adherence Solutions LLC, SMRxT, McKesson Corporation, and DrFirst.
Key Topics Covered:
1. Research Scope & Methodology
4.Global Medication Adherence Market Size And Forecast (2012-2022)
5.Global Medication Adherence Market, By Product
6.Global Medication Adherence Market, By Class Or Medication
7.Global Medication Adherence Market, By Geography
9.Company Profiles And Strategic Developments
For more information about this report visit http://www.researchandmarkets.com/research/s355t7/global_medication