Quotes and Figures: November 2021

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DSCSA: interoperable electronic product tracing down to packaging level

“We can’t say enough that we know it’s going to be tough. We know there is a lot of work to be done, but we are optimistic about improving the security of drug distribution from November 2023. This will be done across the entire supply chain from the distribution.

—Connie Jung, RPh, Senior Policy Advisor, FDA (Associated reading: HDA Foundation survey reveals uneven progress on serialization of Rx products)

Durability

“Global data shows that consumers at all levels are now making sustainability one of the top three choices, which was not the case a few years ago. Same [those with] lower incomes, despite the affordability problem, find this extremely important. ”

—Konstantinos Apostolatos, Managing Director and Senior Partner, Boston Consulting Group (Read the article: What consumer trends will be there to stay post-pandemic?)

Personal development

“A great mentor is more than happy to share their mistakes. … Everyone makes a mistake and it’s not that the mistake was made. It’s more how you manage it and how you get back from it.

—PDG Tracey Noonan, Packaging & Processing Women’s Leadership Network (PPWLN) (Listen to the podcast: unPACKed Podcast: Wicked Good Insight on The New World of Work.)

41%: LESS THAN HALF of packaging industry professionals surveyed were able to identify bottlenecks in packaging production. Almost a third use manual systems to identify problems or monitor their KPIs.

Source: PackIOT digital maturity study

May 10 – 12, 2022: THE DATES from the[PACK]outsideMT – a conference for healthcare packaging professionals taking place at Austin, TX.

$ 22 billion: THE ESTIMATED VALUE of the medical waste management market by 2031, due in part to increasing hospitalization rates. The management of non-hazardous waste should generate 70% of turnover.

Source: Fact.MR

38%: THE PERCENTAGE of respondents in an HDA survey that cited “lack of understanding and / or engagement of business partners” as a barrier to the creation, integration or adoption of EPCIS for pharmaceutical traceability.

$ 4.9 billion: THE ESTIMATED MARKET for printed sensors by 2032, driven by demand for connected sensor networks. The market includes biosensors, skin patches and medical electrodes, temperature sensors and force and piezoresistive sensors used in some medical devices.

Source: IDTechEx


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