In the North America multi-med adherence packaging market, the United States has the biggest share. The U.S. is home to a huge and diverse pharmaceutical industry, making it a crucial and competitive part of the economy. The pharmaceutical sector in the U.S. is known for investing a significant amount in research and development (R&D). According to a report in 2016, this industry typically spends about 15 to 20 percent of its revenues on R&D, totaling over USD 50 billion each year. Factors like a high rate of people not taking their medications as prescribed and the continuous growth of the pharmaceutical industry are boosting the demand for multi-med adherence packaging in the U.S. In 2016, the market value was USD 122.8 million, and it's expected to keep growing at a rate of 6.16% in the coming years.
Looking at the types of materials used, plastic was the most common, making up 57.51% of the market in 2016. It was valued at USD 70.6 million and is expected to grow the fastest at a rate of 6.56%. Aluminum foil was the second most used material, valued at USD 31.6 million in 2016, and it's projected to grow at a rate of 5.84%.
When it comes to the types of packaging, blister cards were the most popular, covering 87.19% of the market in 2016, with a value of USD 107.1 million. They are expected to grow the fastest at a rate of 6.27%. Pouches were the second most used, valued at USD 15.7 million in 2016, and are expected to grow at a rate of 5.35%.
Looking at where these packages are used, retail pharmacies had the biggest market share at 43.67% in 2016, with a value of USD 53.6 million. They are expected to keep growing at a rate of 6.20%. Long-term care facilities were the second most common place these packages were used, valued at USD 41.6 million in 2016, and they are projected to grow at the fastest rate of 6.48%.
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