Press release
The Digital Pills Market is expected to grow at a CAGR of 7.8 % during 2021-2026, Major Keyplayers - Proteus Digital Health, Inc, Intellicap, Microchips Biotech, Inc, etc.
Digital Pills Market
The digital pills are endoscope capsule containing small chips in tablets which helps specialists and patients to monitor and diagnose several diseases. It captures three dimensional high resolution image which helps to reminders that are related to the dosage of the pills in real time. This pill can travel safely through the body and able to communicate with external devices.
Increasing prevalence of schizophrenia and growing demand for acute treatment of manic worldwide is likely to drive the market. In November 2017, FDA approved the first drug in the U.S. with a digital ingestion tracking system. Abilify MyCite (Aripiprazole tablets with sensor) has an ingestible sensor implanted in the pill that records that the medication situation. Approximately 1.5 million population were diagnosed with schizophrenia in 2017 around the world. Technological advancements in the healthcare sector is fueling the market growth further.
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The Major Manufacturers Covered in this Report:
Proteus Digital Health, Inc, Intellicap, Microchips Biotech, Inc, Metronic, CapsoVision, Livongo Health, AliveCor Inc, WellDoc Inc, Omada Health Inc, Novartis AG, Abbott, Mocacare, Gentag Inc., iRhythm Technologies Inc, Leaf Healthcare Inc, and Perficient Inc
Years that have been considered for the study of this report are as follows:
History Year: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year: 2021 to 2026
Digital Pills Market Segmentation
By Indicated Disorders
Tracking Ingestion in Schizophrenia Patients
Tracking Ingestion in Bipolar Patients
Adjunctive treatment of MDD (major depressive disorder) in adults
By End-Users
Hospitals
Clinic
Home Care Settings
Regional Segmentation:
North America (The US, Canada, and Mexico)
Europe (Germany, France, the UK, and Rest of the World)
Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America.)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
Additionally, the analysis also delivers a comprehensive review of the crucial players on the Digital Pills Market along with their company profiles, SWOT analysis, latest advancement and business plans.
The analysis objectives of the report are:
To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers and industry specific challenge and risks).
To know the Digital Pills Market by pinpointing its many sub segments.
To profile the important players and analyze their growth plans.
To endeavor the amount and value of the Digital Pills Market sub-markets, depending on key regions (various vital states).
To analyze the Global Digital Pills Market concerning growth trends, prospects and also their participation in the entire sector.
To examine and study the Global Digital Pills Market size (volume and value) form the company, essential regions/countries, products and applications, background information and also predictions to 2029.
Primary worldwide Global Digital Pills Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans for the next coming years.
To examine competitive progress such as expansions, arrangements, new product launches and acquisitions on the market.
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