Digital Pills Market Report 2021: Acute Analysis of Global Demand and Supply with Major Key Player

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 a three-dimensional high-resolution images 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 R&D investments in smart pills owing to the increasing FDA approvals related to digital pills is the other factor likely to positively influence the market growth.

The Major Players 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.

Global digital pills market accounted for over USD 264.5 million in 2017 and is expected to grow at a CAGR of 7.8 % during the forecast period 2019–2026.

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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

Segmental Insights

Global digital pills market is segmented by indicated disorders and end-users.

By indicated disorders, the market is segmented into tracking ingestion in schizophrenia patients, tracking ingestion in bipolar patients and adjunctive treatment of major depressive disorder (MDD) in adults. FDA approval for the product in the U.S. for tracking ingestion of tablets in schizophrenia patients is gaining the market share.

By end-users, the digital pills market is segmented into hospitals, clinic, and home care settings. This is attributed to the increase in preferences toward non-invasive diagnostic procedures and the significant increase in Schizophrenia and Bipolar Patients disorders across the globe.

Regional Analysis For Digital Pills Market:

North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

In this study, the years considered to estimate the market size of the Digital Pills are as follows:

History Year: 2014-2019
Base Year: 2019
Estimated Year: 2020
Forecast Year 2021 to 2026

Intended Audience

Digital Pills Manufacturers
Raw Material Suppliers
Digital Pills Reselling Companies
Potential Investors
Research and Development Institutes
Traders, Distributors, and Suppliers of Digital Pills

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This release was published on openPR.