openPR Logo
Press release

Smart Pills Industry Projected To Reach USD 6.19 Billion by 2023 with Higher CAGR of 16.14% -Proteus Digital Health, Olympus Corporation, Medtronic PLC, Medisafe

09-20-2018 09:46 AM CET | Health & Medicine

Press release from: Crystal Market Research - Healthcare

Smart Pills Industry

Smart Pills Industry

Competitive Insights:
The top players in the Industry are Proteus Digital Health, Olympus Corporation, Medtronic PLC, Medisafe and others. Many Key players are depending on methods, for example, agreements & joint ventures, collaborations, and advancements to build the visibility of their products and fortify their product portfolios. published “Smart Pills Market By Application (product (capsule Endoscopy And Drug Delivery), Tools, Patient Monitoring Software) - Global Industry Analysis And Forecast To 2023” from its database. The report reviews top companies involved and enlists all trials pertaining to the company.

Browse Full Report Market Data Tables and Figures @

Industry Outlook and Trend Analysis:
The Smart Pills Industry was worth USD 1.61 billion in 2014 and is expected to reach approximately USD 6.19 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 16.14% during the forecast period. Smart pills have risen as a progressive mechanical advancement, crossing over any barrier between computerized innovation and medicinal services. With the advent of these medicinal services cum-mechanical devices has empowered tending to taking off interest for better observing and diagnostics. Smart pills have now turned out to be standard system for non-intrusive determination with respect to motility issue. Doctors lean towards smart pills as they empower on-going patient observing by means of remote controlling alternatives.

Growth Factors affecting on Market:
Interest for advanced drug delivery systems with advantages, for example, ideal utilization of dynamic pharmaceutical fixing, decreased dose recurrence, negligible antagonistic/symptoms, directed medication conveyance, and more secure transporter is driving the market for smart pills. Incorporation of imaginative medications, therapeutic gadgets, and propelled advancements is relied upon to assume an essential part in additionally boosting the market over the figure time frame. Patients with unending illnesses who need to take after a particular dosage of medicine at the target site are relied upon to frame a vast client base for advanced drug delivery products. Popularity for negligibly intrusive surgeries has offered ascend to innovative strategies, for example, capsule endoscopy.

Request Sample Report @

Organization Outlook and latest News Analysis:
Studies reveal that 80% of the total patients who are on constant everyday medication for various problems including blood pressure or diabetes or so on end up making their situation worse because of not following the prescriptions properly. People tend to take the medicines when they find themselves free and it's convenient to them rather than sticking up to the prescriptions which call for serious attention.

The Smart Pills Market is segmented as follows-
Smart Pills Market, By Application, Estimates and Forecast, 2014-2023 ($Million)

• Product
• Capsule Endoscopy
• Drug Delivery
• Tools
• Patient Monitoring Software

Regional Outlook:
North America will keep on being the most profitable market for smart pills, for the most part determined by variables, for example, quick administrative endorsement of new items, developing instances of colorectal malignancy, and mechanical headways in the social insurance segment. The market in Asia-Pacific excluding Japan (APEJ) is anticipated to enlist a strong development through 2026, nearly trailing North America. Mandatory healthcare insurance provisions and developing commonness of gastrointestinal issue and stomach tumour are essential elements affecting the market development in APEJ. High predominance of target issue combined with expanding government bolster is additionally anticipated that would clear development open doors for smart pills market in APEJ.

Middle East and Africa -Saudi Arabia, UAE, Egypt, Nigeria and South Africa
North America -U.S, Canada, Mexico
Europe -Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific -Japan, China, Australia, India, South Korea, Rest of Asia-Pacific
Rest of the World -Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others

Reasons to Procure a Exclusive report?
1) Comprehensive research study on the Global Smart Pills market, and its entire ecosystem, describes the market size, share, trends, drivers, restraints and opportunities of the Smart Pills market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share regionally.
3) The report gives a bird eyes view on the competitive outlook which includes mergers and acquisitions, collaborations, market strategies, new product launches and latest Market updates.
4) Report will be updated with the latest data and delivered to you within working days of order.

Click to Buy Report @

Major TOC of Smart Pills Market:
Chapter1. Introduction
Chapter2. Executive Summary
Chapter3. Market Overview

Chapter9. Company Profiles
7.1. Medtronic
7.1.1. Business Overview
7.1.2. Product Portfolio
7.1.3. Strategic Developments
7.1.4. Sales, Revenue and Market Share

7.2. Proteus Digital Health (Subsidiary of Harbin Gloria Pharmaceuticals Company Ltd.)
7.2.1. Business Overview
7.2.2. Product Portfolio
7.2.3. Strategic Developments
7.2.4. Sales, Revenue and Market Share

7.3. CapsoVision, Inc.
7.3.1. Business Overview
7.3.2. Product Portfolio
7.3.3. Strategic Developments
7.3.4. Sales, Revenue and Market Share

7.4. Olympus Corporation
7.4.1. Business Overview
7.4.2. Product Portfolio
7.4.3. Strategic Developments
7.4.4. Sales, Revenue and Market Share

7.5. Medisafe
7.5.1. Business Overview
7.5.2. Product Portfolio
7.5.3. Strategic Developments
7.5.4. Sales, Revenue and Market Share

Ask for special discount @

About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

Contacts Us
Judy | 304 South Jones Blvd, Suite 1896,
Las Vegas NV 89107,
United States
E-mail: | Ph: +1-888-213-4282

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Smart Pills Industry Projected To Reach USD 6.19 Billion by 2023 with Higher CAGR of 16.14% -Proteus Digital Health, Olympus Corporation, Medtronic PLC, Medisafe here

News-ID: 1250557 • Views: 497

More Releases from Crystal Market Research - Healthcare

Viral Vector And Plasmid Dna Manufacturing Market Outlook 2019 | Business Develo …
Crystal Market Research Present Advance research on - Viral Vector And Plasmid Dna Manufacturing Market, approximates that the Viral Vector And Plasmid Dna Manufacturing Industry size is anticipated to flourish at a significant CAGR in the future. The Viral Vector and Plasmid DNA Manufacturing Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Viral vectors and plasmid DNA manufacturing usually incorporates
Medical Digital Imaging Systems Market | Research Report 2019-2025 | Major Compa …
Crystal Market Research Present Advance research on "Medical Digital Imaging Systems Market", approximates that the Medical Digital Imaging Systems Industry size is anticipated to flourish at a significant CAGR in the future. The Medical Imaging is the process and technique of making the visual portrayals of the inside of the body for the purpose of medical intervention and clinical analysis, just as visual portrayal of the functioning of certain tissues (physiology)
Medical Device Complaint Management Market | Research Report 2019-2025 | Major C …
Crystal Market Research Present Advance research on "Medical Device Complaint Management Market", approximates that the Medical Device Complaint Management Industry size is anticipated to flourish at a significant CAGR in the future. The manufacturers of medical gadget must keep record and also track the complaints of customer as per the Quality System Regulation (QSR) characterized in the 21 CFR Part 820. Furthermore, the FDA Part 803 guidelines need the firms
Veterinary Molecular Diagnostics Market | Research Report 2019-2025 | Major Comp …
The Universal Veterinary Molecular Diagnostics Market is anticipated to observe supported development over the foreseen period. The major development factor for the growth of Veterinary Molecular Diagnostics is the positive development in the beverage sector. Moreover, expanding canned food preference and increment in extra cash of the customers is the primary factors which are driving the market. Moreover, high recovery and recycling rate of the metal cans is anticipated to

All 5 Releases

More Releases for Smart

Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide. This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025. The study objectives of this report are: To study and forecast the market size of Smart
IoT Device Management Market Analysis by Application - Smart Manufacturing, Smar …
IoT device management comprises of multiple operating systems and several varieties of communication methods and protocols targeted at conducting smooth functioning of smart devices. The service of IoT device management has become vital for the business sector in recent years due to the rising use of remote operation in a number of industries and the subsequent need to manage the operation of the devices. The global IoT device management market is
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry. “The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to
Smart Kitchen Appliances Market : Smart Refrigerators, Smart Dishwashers, Smart …
Albany, New York, July 20, 2017 : Recent research and the current scenario as well as future market potential of "Smart Kitchen Appliances Market (Products - Smart Refrigerators, Smart Dishwashers, Smart Ovens, Smart Cookware and Cooktops, Smart Scales and Thermometers and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022" globally. Smart kitchen appliances are premium appliances that are designed for comfortable and efficient operation as