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Smart Pill Boxes & Bottles Market Grow with New Opportunities & Developments by 2024

KD Market Insights has published a new report on global Smart Pill Boxes & Bottles Market analysis and forecast 2018-2024. The report comprises of global Smart Pill Boxes & Bottles Market size, Y-o-Y growth analysis, and market dynamics, including growth drivers, restraining factors, opportunities, and trends which are spearheading current nature and future status of the market.

The smart pill boxes & bottles market is anticipated to flourish at a CAGR of 10.7% over the forecast period i.e. 2019-2024. Further, the market for smart pill boxes & bottles was valued at USD XXX.X Million in 2018.

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Growth Drivers – Smart Pill Boxes & Bottles Market

Increasing Geriatric Population

Old age population suffers from various chronic diseases and require medications on regular basis. Further, rising geriatric population in various nations is anticipated to positively impact the growth of global smart pill boxes & bottles market. Furthermore, it is anticipated that smart pill boxes and bottles in senior homecare and assisted living will rise and contribute significantly to the growth of global smart pill boxes and bottles market.

Technological Developments and Launch of Advanced Variants

According to NCBI, non-adherence towards medication among patients cost between USD 100 billion to USD 300 billion per year. Various healthcare leading and innovative companies are focusing on development of smart solution to improve medical adherence. These companies are actively focusing on the development of more innovative and new smart pill dispensers. This factor is envisioned to bolster the growth of global smart pill boxes and bottles market

Barriers – Smart Pill Boxes & Bottles Market

High Cost of Smart Pill Boxes & Bottles

High cost is acting as a barrier in adoption of smart pill boxes & bottles in developing and undeveloped nations. Further, low disposable income and less awareness regarding benefits among population in undeveloped nations is also one of the major factors which is restricting them to buy smart pill boxes and bottles.

Segmentation Analysis

The smart pill boxes & bottles market by product type is segmented into smart pill box and smart pill bottles. The market for smart pill box captured highest percentage in 2018. Moreover, it is anticipated to continue its dominance during the forecast period.

Further, global smart pill boxes & bottles market is also segmented by end users into senior care & assisted living, long term care centers and home care settings. Senior care & assisted living segment is anticipated to witness highest year-on-year growth during the forecast period. This can be attributed to growing geriatric population in various nations such as U.S., Japan and others. Apart from this, high healthcare spending in developed nations signals promising growth for smart pill boxes and bottles market.

Geographical Analysis

Geographically, the report offers analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In smart pill boxes & bottles market, North America captured highest percentage of market share in global smart pill boxes & bottles market. Factors such as early and high adoption rate of advanced technologies and increasing utilization in geriatric care is anticipated to drive the demand for smart pill boxes and bottles in North America region. Moreover, Asia Pacific smart pill boxes & bottles market is expected to witness robust growth during the forecast period. Factors such as rising demand for high-healthcare delivery and increasing homecare settings in the region is paving the way for the growth of smart pill boxes & bottles market in Asia Pacific.

Competitive Landscape

The report profiles various major market players such as;

– AdhereTech

– MedMinder

– PharmRight Corporation & Livi

– Medipense Inc.

– e-pill, LLC

– Medready Inc.

– PillDrill Inc.

– Pillo, Inc.

– Group Medical Supply LLC

– Pillsy

– DoseSmart Inc.

– Philips N.V.

– Other Key & Niche Players

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Table of Content

1. Preface
1.1. Research Methodology
1.2. Geographic Scope
1.3. Years Considered

2. Executive Summary

3. Market Overview
3.1. Smart Pill Boxes & Bottles Overview
3.2. Market Definition & Key Market Segments
3.3. Industry Development
3.4. Global Market Maturity
3.4.1. North America
3.4.2. Europe
3.4.3. Asia Pacific
3.4.4. Latin America
3.4.5. Middle East & Africa
3.5. Porter’s Five Force Analysis
3.6. Industry Value Chain Analysis
3.7. Macro-Economic Trends

4. Competitive Landscape
4.1. Global Smart Pill Boxes & Bottles Market 2018
4.2. Global Smart Pill Boxes & Bottles Market Value Share, By Company 2018
4.3. Global Smart Pill Boxes & Bottles Market Volume Share, By Company 2018

5. Growth Drivers & Barriers in Global Smart Pill Boxes & Bottles Market
5.1. North America
5.2. Europe
5.3. Asia Pacific
5.4. Rest of World

6. Trends in Global Smart Pill Boxes & Bottles Market
6.1. North America
6.2. Europe
6.3. Asia Pacific
6.4. Rest of World

7. Global Smart Pill Boxes & Bottles Market
7.1. Introduction
7.2. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

8. Global Smart Pill Boxes & Bottles Market Segmentation Analysis, By Product Type
8.1. Introduction
8.2. Strategic Insights
8.2.1. BPS Analysis, By Product Type
8.2.2. Market Attractiveness, By Product Type
8.3. Smart Pill Boxes
8.3.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024
8.4. Smart Pill Bottles
8.4.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

9. Global Smart Pill Boxes & Bottles Market Segmentation Analysis, By Indication
9.1. Introduction
9.2. Strategic Insights
9.2.1. BPS Analysis, By Indication
9.2.2. Market Attractiveness, By Indication
9.3. Dementia
9.3.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024
9.4. Parkinson’s Disease
9.4.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024
9.5. Cancer Management
9.5.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024
9.6. Diabetes Care
9.6.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024
9.7. Geriatric Care
9.7.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024
9.8. Disability
9.8.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024
9.9. Others
9.9.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

10. Global Smart Pill Boxes & Bottles Market Segmentation Analysis, By End User
10.1. Introduction
10.2. Strategic Insights
10.2.1. BPS Analysis, By End User
10.2.2. Market Attractiveness, By End User
10.3. Seniors Care & Assisted Living
10.3.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024
10.4. long Term Care Centers
10.4.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024
10.5. Home Care Settings
10.5.1. Market Value and Forecast 2018-2024 & Y-o-Y Growth Analysis, 2019-2024

Continue…

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