Smart Pills Market In-Depth Study On The Current State Of The Industry And Key Insights Of The Business Scenario By 2025

The global smart pills market is expected to grow from $2.31 billion in 2020 to $2.5 billion in 2021 at a compound annual growth rate (CAGR) of 8.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $3.32 billion in 2025 at a CAGR of 7.3%.

The Business Research Company offers "Smart Pills Global Market Report 2021" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth and highlights important trends and strategies that players in the market can adopt.

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The smart pills market consists of the sales of capsule sized ingestible medical devices with a small embedded electronic product such as sensors, cameras, patches, and trackers. Once swallowed, the smart pill gets activated in the gut and the sensors provide information about patient’s health parameters and the effectiveness of medication leading to more optimized therapies.

Some of the key players involved in the smart pills market are Medtronic Plc., Olympus Medical Technology, CapsoVision, Inc., Novartis AG, Proteus Pharmaceuticals, Philips Healthcare, Microchips, Bio-Images Drug Delivery (BDD) Limited, Given Imaging, Inc, Vitality, Boston Scientific Corporation, Boston Scientific Corporation, HQ, Inc., Fujifilm Holdings Corporation, GE Healthcare.

The countries covered in the global smart pills market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global smart pills market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Smart Pills Market Segmentation:
1) By Application: Capsule Endoscopy, Patient Monitoring, Drug Delivery
2) By End User: Hospital, Diagnostic Center, Research Institute
3) By Target Area: Esophagus, Stomach, Small Intestine, Large Intestine
4) By Disease Indication: Esophageal Diseases, Colon Diseases, Small Bowel Diseases, and Others

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A Few Points From The Table Of Content
1. Executive Summary
2. Smart Pills Market Characteristics
3. Smart Pills Market Size And Growth
4. Smart Pills Market Segmentation
5. Smart Pills Market Regional And Country Analysis
……
27. Smart Pills Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Smart Pills Market
29. Smart Pills Market Future Outlook and Potential Analysis
30. Appendix

The report covers the trends and market dynamics of the smart pills market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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