Smart packaging gains traction in healthcare and electronics
New analysis from Frost & Sullivan, Impact Assessment of Smart Packaging in Healthcare, Electronics, and Energy, finds that smart packaging for healthcare and electronics products is the most developed. Adoption of smart packaging for pharmaceuticals, in particular, will increase rapidly owing to a growing aged population in the western world and concerns surrounding drug counterfeiting and overdoses.
One hurdle to commercializing the technology is the disparity in regulations across countries, particularly, stringent laws in Europe and North America. High costs, potential privacy concerns and low public acceptance add to the challenge (Press Release Frost & Sullivan, 6 January 2015).
Click here for the press release.
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