{"id":9308,"date":"2018-10-26T12:15:21","date_gmt":"2018-10-26T12:15:21","guid":{"rendered":"https:\/\/www.rootsanalysis.com\/blog\/?p=9308"},"modified":"2026-07-30T18:31:10","modified_gmt":"2026-07-30T13:01:10","slug":"drug-adherence-enhancement-novel-approaches-to-drive-future-growth","status":"publish","type":"post","link":"https:\/\/www.rootsanalysis.com\/blog\/drug-adherence-enhancement-novel-approaches-to-drive-future-growth\/","title":{"rendered":"Drug Adherence Enhancement: Novel Approaches to Drive Future Growth"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">It has been estimated that, of the ~4 billion annual prescriptions filled by the retailers in the US,&nbsp; approximately 50% are not taken by patients in accordance to physicians\u2019 instructions.&nbsp; According to the US Centers for Disease Control and Prevention (CDC), failure to comply to prescribed treatment regimens has been identified as the cause of 125,000 premature deaths, up to 69% of all rehospitalizations, and results in approximately USD 100-300 billion worth of avoidable annual healthcare spending. Studies have demonstrated that every one percent improvement in medication adherence can help the US healthcare industry save up to USD 2 billion, resulting in an increase in pharmaceutical revenues by ~USD 4 billion.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Opinions expressed by eminent industry personnel acknowledge the potential of novel technologies, such as smart \/ connected devices, in improving drug adherence<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"672\" height=\"454\" src=\"https:\/\/www.rootsanalysis.com\/blog\/wp-content\/uploads\/2023\/10\/Drug-Adherence-Key-Opinion-Analysis-Roots.webp\" alt=\"Key industry opinion leaders are highly bullish about the future of drug adherence enhancement novel technologies\" class=\"wp-image-17828\" style=\"object-fit:contain;width:800px;height:542px\" srcset=\"https:\/\/www.rootsanalysis.com\/blog\/wp-content\/uploads\/2023\/10\/Drug-Adherence-Key-Opinion-Analysis-Roots.webp 672w, https:\/\/www.rootsanalysis.com\/blog\/wp-content\/uploads\/2023\/10\/Drug-Adherence-Key-Opinion-Analysis-Roots-300x203.webp 300w\" sizes=\"auto, (max-width: 672px) 100vw, 672px\" \/><\/figure>\n<\/div>\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Presently, over 130 smart products, designed to promote <a href=\"https:\/\/www.medscape.com\/viewarticle\/514164\">medication<\/a> adherence in diverse patient groups, are currently available \/ under development<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"672\" height=\"433\" src=\"https:\/\/www.rootsanalysis.com\/blog\/wp-content\/uploads\/2023\/10\/Drug-Adherence-Devices-Market-Landscape-Roots.webp\" alt=\"Multiple parameters for 130+ service providers in the smart medication segment includes analysis by reminder systems, connectivity technologies, mobile apps, web portals, cloud storage and battery management systems\" class=\"wp-image-17829\" style=\"object-fit:contain;width:800px;height:517px\" srcset=\"https:\/\/www.rootsanalysis.com\/blog\/wp-content\/uploads\/2023\/10\/Drug-Adherence-Devices-Market-Landscape-Roots.webp 672w, https:\/\/www.rootsanalysis.com\/blog\/wp-content\/uploads\/2023\/10\/Drug-Adherence-Devices-Market-Landscape-Roots-300x193.webp 300w\" sizes=\"auto, (max-width: 672px) 100vw, 672px\" \/><\/figure>\n<\/div>\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Case Study: <\/em>Over the years, stakeholders have gradually adopted a variety of modern technological advancements to improve adherence to anti-diabetes drugs \/ therapies<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"672\" height=\"434\" src=\"https:\/\/www.rootsanalysis.com\/blog\/wp-content\/uploads\/2023\/10\/Improvement-of-Adherence-to-Anti-Diabetes-Drugs-Roots.webp\" alt=\"Diabetes management through smart technologies has shown significant positive uptick\" class=\"wp-image-19344\" style=\"object-fit:contain;width:800px;height:522px\" srcset=\"https:\/\/www.rootsanalysis.com\/blog\/wp-content\/uploads\/2023\/10\/Improvement-of-Adherence-to-Anti-Diabetes-Drugs-Roots.webp 672w, https:\/\/www.rootsanalysis.com\/blog\/wp-content\/uploads\/2023\/10\/Improvement-of-Adherence-to-Anti-Diabetes-Drugs-Roots-300x194.webp 300w\" sizes=\"auto, (max-width: 672px) 100vw, 672px\" \/><\/figure>\n<\/div>\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The efforts of different stakeholders in the development of connected devices with various features have significantly strengthened the growing product landscape in the field of smart drug adherence<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Growth in partnership activity reflects the increasing interest of stakeholders in the field of smart drug adherence; majority of such deals are focused on product development<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Foreseeing an opportunistic future, various private and public investors have made capital investments; in fact, since 2015, ~USD 1.1 billion has been raised across 60 instances<\/strong><\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"672\" height=\"433\" src=\"https:\/\/www.rootsanalysis.com\/blog\/wp-content\/uploads\/2023\/10\/Drug-Adherence-Funding-Investments-Roots-1.webp\" alt=\"There is significant venture capital funding coming into smart medication management devices sector as per Roots Analysis\" class=\"wp-image-17831\" style=\"object-fit:contain;width:800px;height:519px\" srcset=\"https:\/\/www.rootsanalysis.com\/blog\/wp-content\/uploads\/2023\/10\/Drug-Adherence-Funding-Investments-Roots-1.webp 672w, https:\/\/www.rootsanalysis.com\/blog\/wp-content\/uploads\/2023\/10\/Drug-Adherence-Funding-Investments-Roots-1-300x193.webp 300w\" sizes=\"auto, (max-width: 672px) 100vw, 672px\" \/><\/figure>\n<\/div>\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Driven by the increasing focus on improving therapy efficiency and reducing healthcare burden, the market is anticipated to grow at a CAGR of 15.4% over the coming decade<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Primarily centered in North America, the long-term opportunity is likely to be distributed across devices intended for different therapeutic areas and routes of administration<\/strong><\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<p class=\"wp-block-paragraph\">To learn more, please click <strong>here<\/strong>. For any queries \/ suggestions, please do not hesitate to contact us at <a href=\"mailto:sales@rootsanalysis.com\">sales@rootsanalysis.com<\/a>.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Our Social Media Platform<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Web:&nbsp;<a href=\"https:\/\/www.rootsanalysis.com\/\">https:\/\/www.rootsanalysis.com\/<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">LinkedIn:&nbsp;<a href=\"https:\/\/in.linkedin.com\/company\/roots-analysis\">https:\/\/in.linkedin.com\/company\/roots-analysis<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Twitter:&nbsp;<a href=\"https:\/\/twitter.com\/RootsAnalysis.com\">https:\/\/twitter.com\/RootsAnalysis.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It has been estimated that, of the ~4 billion annual prescriptions filled by the retailers in the US,&nbsp; approximately 50% are not taken by patients in accordance to physicians\u2019 instructions.&nbsp; According to the US Centers for Disease Control and Prevention (CDC), failure to comply to prescribed treatment regimens has been identified as the cause of [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":19160,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[107,61],"tags":[225,228,226],"class_list":["post-9308","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-drug-adherence","category-medical-devices-and-technology","tag-drug-adherence","tag-future-growth","tag-novel-approaches"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Drug Adherence Enhancement: Approaches to Drive Growth<\/title>\n<meta name=\"description\" content=\"Opinions expressed by eminent industry personnel acknowledge the potential of novel technologies, in improving drug adherence\" \/>\n<meta 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