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Digital Pills Market (COVID-19 Impact Analysis) - Size, Share, Strategies and Insight Driven Transformation, Leading Players - Ginger, Puretech Health, Livongo Health, Novartis Ag, Abbott, Olympus, Bdd Limited, Medtronic
Digital Pills Market
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This global Digital Pills Market research report presents Healthcare industry with plentiful insights and business solutions that will lend a hand to stay ahead of the competition. The market report offers company profiles, product specifications, capacity, production value, and market shares of each company for the forecasted period of 2020-2026. In this marketing document, industry trends are formulated on macro level which assists comprehend market place and possible future issues. This market report gives wide-ranging analysis of the market structure along with evaluations of the various segments and sub-segments of the market.
Market Analysis: Global Digital Pills Market
Global digital pills market is estimated to reach USD 0 302.70 million by 2026 registering a substantial CAGR of 7.90% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising prevalence of chronic diseases and the advancements in tracking tools.
Key Market Competitors: Global Digital Pills Market
Few of the major market competitors currently working in the digital pills market are Proteus Digital Health., Ostuka Holdings Co., Ltd., 2morrow Inc., Ginger, Puretech Health, Livongo Health, Alivecor, Inc., Welldoc, Inc., Omada Health, Inc., Novartis Ag, Yuza., Abbott, Mocacare, Gentag, Inc., Irhythm Technologies, Inc., Leaf Healthcare, Inc., Perficient, Inc., Olympus Corporation, Bdd Limited, Capsocam Plus, Medtronic, among others.
Get Full TOC, Tables and Figures of Market Report @ https://www.databridgemarketresearch.com/toc/?dbmr=global-digital-pills-market&rp
Market Definition: Global Digital Pills Market
Digital pills is an ingestible sensors, micro sized, connected to small wearable skin sensor patch, which transmits the composed data to the connected digital device such as smartphones. The data collected from digital pills are stored and then patients are enables to share the data with their physicians and caretaker.
By Geography
North America
South America
Europe
Asia-Pacific
Middle East and Africa
Key Developments in the Market:
In September 2018, Otsuka and Magellan Health together have launched their first digital pill AbilfyMyCite, to treat mental health disorders. It has a Proteus Digital Health sensor embedded in the tablet, wherein all the information is linked and downloaded on a Bluetooth enabled device
In December 2018, ResMed, a world leading health company in cloud-connected medical devices acquired Propeller Health, a digital therapeutics company that deals the medication problems of people suffering with COPD and asthma. Propellers digital medicines consists of small sensors which are attached to the inhaler pumps of consumers and linked with a mobile app to automatically track medication use and provide immediate response and generate feedback
In March 2018, -PEAR Therapeutics, the pioneering leader in FDA-cleared prescription digital therapeutic entered into an affirmative agreement with Novartis, a pharma company to develop digital therapeutics for schizophrenia and multiple sclerosis (MS). These digital pills are software applications developed to strategically improve clinical results for patients. This would merge Novartis’ expertise in neurological disorders, clinical development, and commercialization with PEAR’s expertise in prescription digital therapeutic design and implementation
Market Drivers :
Rising Prevalence in chronic diseases stimulates the demand for digital pills, as they are used for the treatment of such diseases
Decreased expenses from wasted medications
Faster recovery times from greater adherence to treatment regimens, and quick results boost the growth of this market
Rising R&D investments as well as technological advancement by manufactures in tracking tools have led to transformation in digital pills
Increasing prevalence of disease such as diabetes and other cardiovascular disorders and the need for their treatment via controlled dosage
Smart pills give an exact drug delivery, increased development in endoscopy processes, and monitoring the results of patients irrespective of location are stimulating people people to adopt this technology
Market Restraints :
Lack of knowledge pertaining to digital pills hinders the growth during the forthcoming year
Reasons to Purchase this Report :
Current and future of global digital pills market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
The report on Digital Pills market covers exhaustive analysis on:-
• Market Segments
• Market Dynamics
• Historical Actual Market Size
• Market Size & Forecast
• Supply & Demand Value Chain
• Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain
• Market Drivers and Restraints
Digital Pills Market Reports - Table of Contents
1. Preface
2. Assumptions and Research Methodology
3. Executive Summary: Global Digital Pills Market
4. Market Overview
5. Key Insights
6. Global Digital Pills Market Analysis and Forecast, By Product
7. Global Digital Pills Market Analysis and Forecast, By Detector
8. Global Digital Pills Market Analysis and Forecast, By Technology
9. Global Digital Pills Market Analysis and Forecast, By Application
10. Global Digital Pills Market Analysis and Forecast, By End-user
11. Global Digital Pills Market Analysis and Forecast, By Region
12. North America Digital Pills Market Analysis and Forecast
13. Europe Digital Pills Market Analysis and Forecast
14. Asia Pacific Digital Pills Market Analysis and Forecast
15. Latin America Digital Pills Market Analysis and Forecast
16. Middle East & Africa Digital Pills Market Analysis and Forecast
17. Competitive Landscape
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