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Smart Pills Market: Rising Need for Adoption of Smart Pills for Various Application and Technological Advancements and Dominated by Top Competitors, Global Forecast to 2025
global smart pills market
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The major factors contributing to the growth of the market includes factors such as increasing prevalence of gastrointestinal disorders, rising cancer screening awareness programs and technological advancements and R&D investment in smart pills market.
The key market players for global smart pills market are listed below:
• Medtronic
• Otsuka Holdings Company Limited
• Olympus Corporation
• CapsoVision Inc.
• Check-Cap
• IntroMedic
• JINSHAN Science & Technology
• Lucid Group Limited
The market is further segmented into:
• Application
• Disease Indication
• Type
• End User
The global smart pills market is segmented on the basis of application into capsule endoscopy, drug delivery and patient monitoring of cancer. In 2018, capsule endoscopy segment is expected to dominate the smart pills market with 57.4% market share growing at the highest CAGR in the forecast period 2018 to 2025.
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The global smart pills market is segmented on the basis of application into capsule endoscopy, drug delivery and patient monitoring of cancer. In 2018, capsule endoscopy segment is expected to dominate the market.
The global smart pills market is segmented on the basis of disease indication into occult GI bleeding, crohn’s disease, small bowel tumors, celiac disease, inherited polyposis syndromes, mental disorders. In 2018, occult GI bleeding segment is expected to dominate the market.
The global smart pills market is segmented on the basis of type into multiparameter monitoring and single parameter monitoring. In 2018, multiparameter monitoring segment is expected to dominate the market in the forecast period.
The global smart pills market is segmented on the basis of end user into hospital, diagnostic centers and others. In 2018, hospital segment is expected to dominate the market
Based on geography, the market is segmented into 5 geographical regions:
• North America
• Europe
• Asia-Pacific
• South America
• Middle East and Africa
• Covered in this report
The report covers the present scenario and the growth prospects of the global smart pills for 2018-2025. To calculate the market size, the report considers the revenue generated from the sales of the web conferencing and unified communication and collaboration (UC&C) and video conferencing, secondary resources and doing in-depth company share analysis of major 10 players in the market.
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