Smart Pills Market Size, Sales, Share, Analysis, Industry Demand and Forecasts Report From 2018-2025

The global smart pills market was valued at $257 million in 2017, and is expected to reach $650 million by 2025, registering a CAGR of 12.1% from 2018 to 2025. Smart pill is an ingestible capsule with miniaturized micro-electronics. Smart pill is designed to visualize the gastrointestinal tract, thus allowing for the diagnosis and observation of lesions and disease states or conditions. As the capsule travels through the digestive tract, the camera clicks thousands of pictures that are transmitted to a recorder worn by the patient on a belt around the waist. Smart pills are widely being used for the diagnosis of various gastrointestinal disorders such as Barrett’s Esophagus, Irritable Bowel Syndrome, GERD (Gastroesophageal reflux disease) and others. In addition, smart pills are also being used for targeted drug delivery and patient monitoring. Smart pills find applications in solving the problem of medication non-adherence and enables the doctor to track the medication consumption patterns of a patient.

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The key factors driving the market growth include rise in prevalence of gastrointestinal disorders such as ulcers, Crohn’s disease, colon cancer and others, favorable reimbursement scenario across the globe, and the preference of a patient toward minimally invasive diagnostic procedures. In addition, benefits offered by the smart pills such as non-invasive diagnostic procedures, controlled/targeted drug delivery, and real-time patient monitoring boost the growth of the market. However, stringent governmental regulations regarding the use of smart pills and high cost associated with them are anticipated to hamper the market growth. On the contrary, technological advancements, such as microprocessors, micro-camera, micro-sensors, and others, are predicted to create lucrative opportunities in the future.

The global smart pills market is segmented based on application, target area, disease indication, end user, and region. Based on application, the market is divided into capsule endoscopy, drug delivery, and patient monitoring. Based on target area, the market is classified into esophagus, small intestine, large intestine, and stomach. Based on disease indication, it is classified into Barrett's esophagus, Crohn’s disease, small bowel tumor, celiac disease, colon cancer, and others. Based on end user, it is classified into hospital, diagnostic center, and research center. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits for Smart Pills Market :

• The study provides an in-depth analysis of the smart pills market with the current trends and future estimations to elucidate the imminent investment pockets.
• A comprehensive analysis of the factors that drive and restrict the market growth is provided.
• A comprehensive quantitative analysis of the industry is provided from 2018 to 2025 to assist stakeholders to capitalize on the prevailing market opportunities.
• An extensive analysis of the key segments of the industry helps to understand the trends in the smart pills market globally.
• Key players and their strategies are provided to understand the competitive outlook of the industry.

CHAPTER 1: INTRODUCTION

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets
3.2.2. Top Winning Strategies

3.3. Porters five forces analysis
3.4. Market share analysis
3.5. Market dynamics

3.5.1. Drivers

3.5.1.1. Rising prevalence of gastrointestinal disorders
3.5.1.2. Increase in the R&D investments in developing smart pills by manufacturers

3.5.2. Restraints

3.5.2.1. Lengthy timelines regarding approval of smart pills
3.5.2.2. Higher costs associated with the smart pills

3.5.3. Opportunity

3.5.3.1. Increase in the technological advancements pertaining to smart pills

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CHAPTER 4: SMART PILLS MARKET, BY APPLICATION

4.1. Overview

4.1.1. Market size and forecast

4.2. Capsule Endoscopy

4.2.1. Key trends and opportunities
4.2.2. Market size and forecast
4.2.3. Market analysis, by country

4.3. Drug Delivery

4.3.1. Key trends and opportunities
4.3.2. Market size and forecast
4.3.3. Market analysis, by country

4.4. Patient Monitoring

4.4.1. Key trends and opportunities
4.4.2. Market size and forecast
4.4.3. Market analysis, by country

CHAPTER 5: SMART PILLS MARKET, BY TARGET AREA

5.1. Overview

5.1.1. Market size and forecast

5.2. Esophagus

5.2.1. Market size and forecast
5.2.2. Market analysis, by country

5.3. Stomach

5.3.1. Market size and forecast
5.3.2. Market analysis, by country

5.4. Small Intestine

5.4.1. Market size and forecast
5.4.2. Market analysis, by country

5.5. Large Intestine

5.5.1. Market size and forecast
5.5.2. Market analysis, by country

CHAPTER 6: SMART PILLS MARKET, BY DISEASE INDICATION

6.1. Overview

6.1.1. Market size and forecast

6.2. Esophagus Diseases

6.2.1. Market size and forecast
6.2.2. Market analysis, by country

6.3. Small Bowel Disease

6.3.1. Market size and forecast
6.3.2. Market analysis, by country

6.3.2.1. Crohns Disease

6.3.2.1.1. Market size and forecast

6.3.2.2. Small bowel tumors

6.3.2.2.1. Market size and forecast

6.3.2.3. Celiac disease

6.3.2.3.1. Market size and forecast

6.3.2.4. Others

6.3.2.4.1. Market size and forecast

6.4. Colon Diseases

6.4.1. Market size and forecast
6.4.2. Market analysis, by country

CHAPTER 7: SMART PILLS MARKET, BY END USER

7.1. Overview

7.1.1. Market size and forecast

7.2. Diagnostic Centers

7.2.1. Market size and forecast
7.2.2. Market analysis, by country

7.3. Hospitals & Clinics

7.3.1. Market size and forecast
7.3.2. Market analysis, by country

7.4. Research Institutes

7.4.1. Market size and forecast
7.4.2. Market analysis, by country

CHAPTER 8: SMART PILLS MARKET, BY REGION

8.1. Overview

8.1.1. Market size and forecast

8.2. North America

8.2.1. North America market size & forecast, by country
8.2.2. North America market size & forecast, by application
8.2.3. North America market size & forecast, by target area
8.2.4. North America market size & forecast, by disease indication
8.2.5. North America market size & forecast, by end user

8.2.5.1. U.S. market size & forecast, by application
8.2.5.2. U.S. market size & forecast, by target area
8.2.5.3. U.S. market size & forecast, by disease indication
8.2.5.4. U.S. market size & forecast, by end user
8.2.5.5. Canada market size & forecast, by application
8.2.5.6. Canada market size & forecast, by target area
8.2.5.7. Canada market size & forecast, by disease indication
8.2.5.8. Canada market size & forecast, by end user
8.2.5.9. Mexico market size & forecast, by application
8.2.5.10. Mexico market size & forecast, by target area
8.2.5.11. Mexico market size & forecast, by disease indication
8.2.5.12. Mexico market size & forecast, by end user

8.3. Europe

8.3.1. Key trends and opportunities
8.3.2. Europe market size & forecast for smart pills market, by country
8.3.3. Europe market size & forecast, by application
8.3.4. Europe market size & forecast, by target area
8.3.5. Europe market size & forecast, by disease indication
8.3.6. Europe market size & forecast, by end user

8.3.6.1. Germany market size & forecast, by application
8.3.6.2. Germany market size & forecast, by target area
8.3.6.3. Germany market size & forecast, by disease indication
8.3.6.4. Germany market size & forecast, by end user
8.3.6.5. France market size & forecast, by application
8.3.6.6. France market size & forecast, by target area
8.3.6.7. France market size & forecast, by disease indication
8.3.6.8. France market size & forecast, by end user

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