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Smart Pill Market Will See Strong Expansion through Forecast 2028 | Top Key Company's- Proteus Digital Health, Novartis AG, Medtronic, Inc., Boston scientific, Smart Pill, Inc., IntroMedic Co. Ltd., Bio-Images Research Limited, JINSHAN Science and Technol

03-21-2020 02:51 PM CET | Health & Medicine

Press release from: QUINCE MARKET INSIGHTS

Smart Pill

Smart Pill

The global smart pill market size was valued at USD 1.12 Billion in 2018 and is anticipated to grow at a CAGR of 16.8% during the forecast period.
The smart pill innovations have recently entered the market and are quickly entering both the industrialized and the developing world. Rising demand and rising adoption rates for tracking and treating diseases through newly developed technologies have given impetus to the global market for smart pill technologies.

Smart pills are capsule-sized ingestible medical devices made up of elements such as sensors, cameras, patches, and trackers that aid in better diagnosis, patient tracking, and targeted drug delivery. They are mainly available as a vitamin capsule-sized pill and have a small wearable sensor pad, a mobile device application, and a portal for providers.

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Gastrointestinal (GI) disorders including constipation and gastroparesis are treated using smart pill technology. Smart pill technology operates by supplying the patient with knowledge relevant to various parameters such as pH, gastrointestinal tract temperature and pressure.

As well as their SWOT review and business strategies, this report includes the profiles of key smart pill industry players. Furthermore, these business environments provide a comprehensive summary of each company including potential strategies, key mergers & acquisitions, financial analysis, alliances, agreements, new product introduction, innovative technology innovations and other latest industrial innovations.

Global market reporting for smart pills is segmented by use, target area, indication of disease, end-user, and country. Based on use, the market for smart pills is segmented into endoscopy tablets, drug distribution and patient tracking Based on the target location, the market for smart pills is segmented into the oesophagus, small intestine, large intestine and stomach.

Company profiled in this report based on Business overview, Financial data, Product landscape,Strategic outlook & SWOT analysis:

1. Proteus Digital Health
2. Novartis AG
3. Medtronic, Inc.
4. Boston scientific
5. Smart Pill, Inc.
6. IntroMedic Co. Ltd.
7. Bio-Images Research Limited
8. JINSHAN Science and Technology
9. CapsoVision, Inc. among others.

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Insights about regional distribution of market:
The market has been segmented in major regions to understand the global development and demand patterns of this market.

For smart pill market, the segments by region are North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific and Western Europe are expected to be major regions on the smart pill market.

Market Segmentation:
By Application
Product
Capsule Endoscopy
Drug Delivery
Others
Tools
Patient Monitoring

By Operation
Imaging
Monitoring

By End User
Hospitals and Ambulatory Surgery Centers
Independent Clinics
Others

By Region:
North America
By Country (US, Canada, Mexico)
By Application
By Operation
By End User

Western Europe
By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
By Application
By Operation
By End User

Eastern Europe
By Country (Russia, Turkey, Rest of Eastern Europe)
By Application
By Operation
By End User

Asia Pacific
By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
By Application
By Operation
By End User

Middle East
By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
By Application
By Operation
By End User

Rest of the World
By Region (South America, Africa)
By Application
By Operation
By End User

Reasons to Buy This Report:
o Market size estimation of the smart pill market on a regional and global basis
o Unique research usage for market size estimation and forecast
o Profiling of major companies operating in the market with key developments
o Broad scope to cover all the possible segments helping every stakeholder in the market.

Customization:
We provide customization of the study to meet specific requirements:
o By Segment
o By Sub-segment
o By Region/Country

Contact Us
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109,
Pune, Maharashtra 411028
Phone: +91 706 672 5858/+1 208 405 2835/+91 706 672 4848
Email:sales@quincemarketinsights.com
Web:www.quincemarketinsights.com

ABOUT US:
QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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