07-02-2018 04:24 PM CET - Advertising, Media Consulting, Marketing Research

Smart Pill Market Rising Demand by Top Competitors like CapsoVision Inc., Novartis, Given Imaging Inc., Koninklijke Philips N.V., Medimetrics S.A. de C.V. and Global Forecast to 2024

Press release from: Data Bridge Market Research
Smart Pill Market
Smart Pill Market

Data Bridge Market Research statistical surveying broadcasts the expansion of a spic and span record to its great estimated inventory of market knowledge inquire about The record considers the worldwide Smart Pill Market and offers a careful 2018-2024 assess of the commercial center.

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Smart pill technology reduced the gap between healthcare and digital technology, by focusing on medication recording based on various factors such as pH, pressure, temperature, density, etc. market is expected to reach USD 4.0 billion by 2024, at a CAGR of 16.18% in the forecast period 2017 to 2024. The new market report contains data for historic year 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024

Global Smart Pill Market - Industry Trends and Forecast to 2025” new report to its research database. The report spread No of Pages: 350 No of Figures: 60 No of Tables: 220 in it

Different factors such as expanding episodes of immune system issue, expanding government assistance, enhancing administrative structure, expanding computerization of research centers and rising subsidizing and repayment are persistently adding to the development of the Smart Pill Market

Top key Players:

• CapsoVision, Inc
• Novartis, Given Imaging, Inc
• Koninklijke Philips N.V
• Medimetrics S.A. de C.V
• Olympus Corporation
• Medtronic
• Bio-Images Research Limited
• Stryker, PENTAX Medical
• Siemens Healthcare private Limited
• Boston Scientific Corporation
• GE Corporate

Market Definition: Smart Pill Market

Smart Pill market is an ingestible capsule which helps in measuring temperature, pressure and pH as it too analyzes the gastrointestinal issues such as constipation and gastro paresis as it can be performed at a clinic or doctor’s office in order to access motility disorders like gastro paresis and chronic constipation. Smart Pill also decreases patient down-time and furthermore eliminates radiation exposure and is the only motility test that gives an entire transit profile of the GI tract.

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Competitive Analysis: Smart Pill Market

Smart pill market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of smart pill market for global, Europe, North America, Asia Pacific and South America.

Major Market Drivers and Restraints:

• Favourable reimbursement scenario
• Rising preference of non-invasive procedure
• Technological incompetence and high cost

Market Segmentation: Smart Pill Market

On the basis of technology, the smart pill market is segmented into capsule endoscopy system and gastrointestinal monitoring systems. Capsule endoscopy system is sub segmented into capsule endoscope, work stations and recorders.

On the basis of application, the smart pill market is segmented into capsule endoscopy, monitoring and drug delivery.

On the basis of geography, smart pill market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

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About Data Bridge Market Research:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.


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