The integration of printed electronics into packaging is expected to improve patient outcomes and compliance by providing information and validation around anti-counterfeiting, product tampering and whether the drug is fit for consumption.
Pharmaceutical packaging services provider PCI has expanded its presence in the European Union with the acquisition of Biotec Services International.
U.S. demand for pharmaceutical packaging products is expected to increase slightly in the next few years as drug makers upgrade the barrier, security and functional properties of their packaging systems.
Over the years through 2018, the global pharmaceutical packaging market is predicted to reach $78.79 billion, with Europe, Japan and the U.S. accounting for about 70% of the entire market.