2020-2027 Analysis and Review Pill Organizer Market

Pill Organizer Market

Pill Organizer Market by Application (Prescription Medication, OTC Medication and Others) by Distribution Channel (Hospital Pharmacy, Homecare and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 – 2027

24-07-2020 REP-HC-5142 40 Tables 115 pages Format

The pill organizer market was valued at USD 602.0 Mn by 2019. Rising prevalence of chronic illness requiring daily medication primarily drives the pill organizer market growth. Furthermore, the effective implementation of the treatment regimen for managing non-communicable diseases and growing public health awareness pertaining to strict adherence to prescribed medicines together increase the demand for pill organizers.

Pill Organizer Market

Pill organizer is a multicompartment box which is widely used by patients throughout the globe for storing the scheduled doses of life-saving drugs. Stress, unhealthy eating habits, sedentary lifestyle has increased the healthcare burden associated with chronic lifestyle diseases led to the burgeoning requirement of pill organizers to plan the daily intake of medicines.

The major segments related to the pill organizer market are: 

By Application (2017–2027; US$ Mn)

Prescription Medication

OTC Medication

Others

By Distribution Channel (2017–2027; US$ Mn)

Hospital Pharmacy

Homecare

Others

Geography Segment (2017–2027; US$ Mn)

North America

U.S.
Canada

Europe

United Kingdom
Germany
Russia
France
Italy
Spain
Ukraine
Rest of Europe

Asia Pacific

China
Japan
Rest of Asia Pacific

Latin America (LATAM)

Brazil
Mexico
Rest of Latin America

Middle East and Africa (MEA)

GCC
Rest of MEA
 

Justification for study?

  • The intention of the study is to give a comprehensive outlook of the global pill organizer market
  • The overall segmentation of the pill organizer market, by application, distribution channel, and geography is minutely studied. Prescription medication and hospital pharmacy are dominating the application and distribution channel segments respectively
  • Rising prevalence of chronic illness requiring daily medication drives the pill organizer market growth
  • Effective implementation of treatment guidelines by government healthcare agencies further accentuates the pill organizer market growth

Report gist?

  • The study of the global pill organizer market includes qualitative analysis of factors such as drivers, restraints, and opportunities
  • The report covers the qualitative and quantitative analysis of the overall market segmented on the basis of application and distribution channel and categorization of the same at the geography level
  • This research report presents the analysis of each segment from 2017 to 2027 in which 2019 is considered as the base year. The compounded annual growth rate is calculated for the respective segments from 2020 to 2027

The study includes the profiles of major market players with a significant global and regional presence along with top company positioning. 

Significant customers?

  • This study is suitable for industry participants and stakeholders in the pharmaceutical manufacturers actively engaged in the production and marketing of pill organizer due to the rising prevalence of chronic illness requiring daily medications worldwide
  • The report will benefit healthcare professionals dispensing medicines on a daily basis to patients across the globe
  • Managers with financial institutions looking to publish recent and forecasted statistics pertaining to pill organizer market
  • Financial institutions, venture capitalist, analysts, investors, government organizations, policymakers, regulatory authorities, researchers, looking for insights into the market to determine future strategies 

Segment Analysis

Prescribed medicines are ruling the application segment for the pill organizer market. As per the latest statistics provided by the World Health Organization (WHO), the prevalence rate associated with non-communicable diseases is said to reach 57% by the year 2020. The looming threat of microbial resistance and effective implementation of treatment guidelines regarding the management of infectious diseases across the globe together increases the demand for pill organizers. Additionally, the daily intake of medicines for patients suffering from autoimmune diseases will further consolidate the share of prescribed medicines in the pill organizer market. Over the counter (OTC) products are going to witness sturdy market growth in the near future on account of the flourishing generic drugs market and proactive expansion by supermarket chains worldwide in providing non-prescribed medicines at attractive discounts. Access to smart mobiles and positive marketing strategies adopted by the nutraceutical segment has led to the demand for pill organizers by health enthusiasts to plan their daily intake of dietary supplements to fortify their immune system.

Hospital pharmacy is reigning the distribution channel segment for the pill organizer market. The constant rise in the number of inpatient visits to primary health care centers worldwide for receiving medications for treating chronic illnesses such as cardiovascular disease, diabetes, thyroid diseases, etc. Homecare is expected to registered exemplary market growth during the forecast period on account of the increasing demand for personalized medications and increasing public health awareness regarding strict compliance to prescribed medications on a daily basis.

North America is representing the largest market share in the geography segment for the pill organizer market. Rising prevalence of chronic illness requiring daily medications primarily drives the market growth in the region. As per the recent statistics presented by the Center for Disease Control and Prevention (CDC), approximately 40% of the American population is suffering from chronic diseases requiring daily medicines. Increasing public health awareness regarding strict adherence to prescribed medications and developed healthcare infrastructure further propel market growth. Europe is considered as the second-largest regional segment for the pill organizer market owing to the domicile of major players such as Philips N.V., DoseSmart, Inc., AdhereTech, etc. The Asia Pacific is anticipated to be the fastest-growing regional segment for the pill organizer market on account of the effective implementation of treatment guidelines requiring prescription of essential medications and increasing disposable income.

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