Smart Pills Market Will Escalate Rapidly in The Near Future

aman joshi aman joshi 27 December 2022 Follow

This research report will give you deep insights about the Smart Pills Market and it will also help you in strategic decision making. The final research document is an exhaustive document comprising of 150 pages. All our reports are usually purchased across industries by executives, managers, senior managers, strategy people, directors, vice presidents, cxos, etc. And help them in understanding about the market trends and analysis, competition, Market landscape, market size, market revenue, forecast, covid-19 impact analysis, swot analysis, etc

An exclusive Smart Pills Market research report provides depth analysis of the market dynamics across five regions such as North America, Europe, South America, Asia-Pacific, Middle East and Africa.

Smart pills are capsule-sized ingestible medical devices consisting of elements such as sensors, cameras, patches, and trackers, which help in better diagnostics, patient monitoring, and targeted drug delivery. They are majorly available in the form of a vitamin capsule-sized pill and possess a small wearable sensor patch, an application on a mobile device, and a provider portal.

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The prominent/emerging players in the Smart Pills Market research include:

  • CapsoVision, Inc.
  • Given Imaging, Inc.
  • Check-Cap
  • PENTAX Medical
  • Olympus
  • BodyCap
  • Otsuka America Pharmaceutical, Inc.
  • IntroMedic
  • Jinshan Science & Technology (Group) Co., Ltd.
  • RF Co., Ltd.

Based on application, the smart pills market is segmented into capsule endoscopy, drug delivery, and patient monitoring. In 2021, capsule endoscopy segment held the largest market share. However, drug delivery is estimated to grow at the fastest CAGR of 13.4% during the forecast period. Moreover, the capsule endoscopy segment is segmented into small bowel video capsule endoscopy, colon capsule endoscopy, controllable capsule endoscopy, storable capsule endoscopy, and other capsule endoscopy. In 2021, the small bowel video capsule endoscopy segment held the largest market share of the smart pills market by capsule endoscopy; however, colon capsule endoscopy is estimated to register the highest CAGR of 12.4% during the forecast period. The largest share of this segment is due to the higher preference for technological developments in the capsule endoscopes. Smart pills emerged as a revolutionary technological innovation, bridging digital technology and healthcare. The advent of these healthcare-cum-technological devices enabled addressing soaring demand for better monitoring and diagnostics.

The table of content for Market research study includes:

  • Introduction
  • Key takeaways
  • Research methodology
  • Market landscape
  • key market dynamics
  • Global market analysis
  • Revenue and forecasts to 2028 – type
  • Revenue and forecasts to 2028 – type of product
  • Revenue and forecasts to 2028 – service
  • Revenue and forecasts to 2028 – geographical analysis
  • Impact of covid-19 pandemic on global Biochip market
  • Industry landscape
  • key company profiles
  • Appendix
  • List of tables
  • List of figures

Company overview:

Company overview provides the information about location of the company where it is headquartered along with the established year, employee strength as of 2017, regions where the company is operating and the key business areas.

Product benchmarking:

Product benchmarking comprises the comprehensive list of products pertaining to the respective market along with the application and key features.

Strategic initiatives:

Insights pertaining to the new product launch, strategic collaboration, mergers and acquisition, regulatory approval, and other developments by the company in market are covered under strategic initiatives section.

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