Launch of Automated Sensors in the Global Adherence Monitoring Cap Market

Adherence monitoring cap is made for specific group of people who fail to meet the regimen for their own benefits. For instance, for senior aged people who have specific needs like clearly communicates the benefits of taking the product, is visually detectable, easy reminder of medication dosage, and consequences on neglecting the prescribed dosages. It includes features like microcircuits that records time and date whenever a patient opens the bottle. It also has an LCD that shows the number of elapsed doses and also the number of doses taken in the past 24 hours.

Real Time Medication Monitoring

According to an ongoing study by Persistent Market Research, medication adherence is the main issue to controlling costs, to saving lives, and improving the value of healthcare, which eventually interrupts the growth of global adherence monitoring cap market. According to another study, statistics show that, daily, one medication is taken by nearly 3-5 American adults and another data shows that, the proportion has doubled of people taking 5 or more medications, from 2000-2012. The process of taking these medications is individual and complex, which requires many multifactorial tactics to improve adherence. A vast research has given rise to the development of medications with sure effectiveness and progressive benefit-to-risk profiles. This period has seen a different and better emphasis on outcomes.

Medication adherence: Treatment Adherence Outcomes

Medication Adherence and Compliance

According to a recent news, the health care cost and adherence projected 20% – 50% patients noncompliant with drug therapy. Also, costs the U.S. healthcare system annually around $100 billion, due to poor medication adherence following hospitalization. The healthcare outcomes 20% – determined by medical treatment, 50% – rely on social determinants. Half solution depends on the patient’s dad ta records based on neighborhood and built environment, education and economic stability and social and community context. Among these classifications, there are hundreds of clinically certified features that relate with health outcomes, inclusive of prescription costs, motivation and stress to care for one’s own health, hospitalizations, and medication adherence. These data facts that can be combined into projecting health scores can help pharmacists arrange time and resources effectively and improve health results for patients.

The socioeconomic data helps in the medication adherence as well. It indicates the pharmacists about the higher-risk patients who would need in depth consultation. The tracking of medical adherence with the help of IT health gives physicians as well as healthcare providers a solution for the betterment of their patients. Also, increasing medication adherence with the data analysis and evolution of value-based care initiatives helps in preventing readmissions. As a result of which, it becomes more necessary for the pharmacies to analyze and understand the patient completely. Therefore, the entire benefit of all effective medications will be accomplished only if patients adhere to suggested treatment regimens.

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Nikhil Kaitwade

With over 8 years of experience in market research and consulting industry, Nikhil has worked on more than 250 research assignments pertaining to chemicals, materials and energy sector. He has worked directly with about 35 reputed companies as lead consultant for plant expansion, product positioning, capacity factor analysis, new market/segment exploration, export market opportunity evaluation and sourcing strategies.