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Electronic Pill Market Latest Report, Industry Share, Global Sales, Growth Rate, and Forecast to 2029 

09-21-2023 11:02 AM CET | Health & Medicine

Press release from: Market Insights Reports

Electronic Pill Market Latest Report, Industry Share, Global

Industry Report and Statistics (Facts and Figures)

The " Electronic Pill Market" research report provides a comprehensive examination of key competitors, incorporating strategic analysis, micro and macro market trends and scenarios, pricing analysis, and an all-encompassing overview of the market conditions during the forecast period. This is a professional and detailed report that concentrates on primary and secondary drivers, market share, leading segments, and geographical analysis. market insights reports predicts that the market's value will increase during the forecast period. The report thoroughly analyses the industry's size, share, mergers, demand, sales, growth, competitive landscape, and regional outlook on a global scale. The report's title is "Electronic Pill Market" Growth and Opportunities, "2023-2029".

The market for electronic pills is projected to grow at a 6.70% CAGR from 2023 to 2029, reaching USD 1 billion. The electronic pill is a capsule that can be swallowed and contains sensors and a camera. Following ingestion, the pill records several images of the digestive system every second, which are sent to the connected recording device. It is a monitoring system that keeps an eye on things like conductivity, pH, temperature, and dissolved oxygen. Colon cancer, colon polyps, gastrointestinal bleeding, and other infectious diseases are among the gastrointestinal tract diseases for which electronic pills are used as diagnostic tools. The market is expanding as a result of the growing preference for non-invasive diagnostic techniques.

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Some of the key players profiled in the study are: CapsoVision, Given Imaging, Medimetrics, Bio-Images Drug Delivery BDD, Proteus Digital Health, Olympus, Medtronic, Medisafe, Chongqing Jinshan Science & Technology, IntroMedic and others

Key Developments:

In 2020, CapsoVision Inc. (US),  achieved the International Standard Organization (ISO) 27001 security certification. The scope of the certification includes CapsoVision's headquarters and the company's CapsoCloud software. This certification validates company's long-term commitment for the protection of customer data.

Additionally, the report examines key players, significant collaborations, mergers, and acquisitions, as well as trending innovations and business policies. It encompasses fundamental, secondary, and advanced information related to the global status and trends of the Electronic Pill Market, including market size, share, growth, trends analysis, segment, and forecasts from 2023 to 2029.

Market Key Segmentation Analysis:

By Application:

Hospitals

Diagnostic Centers

Clinical Research Organizations

Others

By Type:

Esophagus

Stomach

Small Intestine

Large Intestine

Regional analysis

North America (The Electronic Pill market is dominated by North America owing to rising prevalence of gastrointestinal disorders and high R&D investments within this region stimulate market growth. According to the US Investments in Medical and Health Research and Development in 2016, the United States invested total $171.8 billion in medical and health R&D and the investment increased by 20.6% from 2013 to 2016. Also, the rising adoption of technologically advanced systems for early diagnosis of gastrointestinal disorders influences the market growth in this region.)

Europe (It is estimated that Europe stood second in the global Electronic Pill market. The increasing prevalence of gastric cancer is driving the growth of this market in Europe. According to the Cancer Research UK in 2015, 6740 new cases of stomach cancer in the U.K and is among the most common prevalent cancer. Thus, increasing prevalence of gastric cancer in Europe drives the market growth. Furthermore, the rapidly growing healthcare sector in Europe is expected to boost the market in this region.)

Asia Pacific (Asia Pacific was projected to be the fastest growing region for the global Electronic Pill market. Key factors such as rising geriatric population, growing patient pool, high incidence of gastrointestinal diseases and developing healthcare infrastructure drive the market in this region. According to the Asian Development Bank (ADB), the geriatric population in Asia is expected to reach 923 million by 2050. This provides favorable backgrounds for the market to grow.)

South America (Brazil, Argentina, Colombia, etc.)

Middle East and Africa (Saudi Arabia, UAE), Egypt, Nigeria, and South Korea)

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What does the Report Provide?

The global report provides a detailed analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the Electronic Pill Market share report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaborate that will further contribute to the market growth. Moreover, the research analyst has adopted several research methodologies such as PORTERs Five Point Analysis and PESTEL to obtain information about the current trends and industry developments that will drive the market growth in the forthcoming years.

The Electronic Pill Market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porters Five Forces Analysis.

Key highlights of the Report:

Market Outlook (2023-2029)
COVID-19 Impact on the Market
Porters Five Forces Analysis
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape

Table of Contents Electronic Pill Market

Chapter 1: Electronic Pill Market Overview, Drivers, Restrictions and Opportunities, Segmentation Overview

Chapter 2: Market competition by manufacturers

Chapter 3: Production by regions

Chapter 4: Consumption by Regions

Chapter 5: Production, by types, revenue and market share by types

Chapter 6: Consumption, by applications, market share (%) and growth rate by applications

Chapter 7: Profiling and comprehensive analysis of Producers

Chapter 8: Production Cost Analysis, Raw Material Analysis, Regional Production Expenses.

Chapter 9: Industrial chain, sourcing strategy and downstream buyers

Chapter 10: Marketing strategy analysis, distributors / merchants

Chapter 11: Market Effect Factors Analysis

Chapter 12: Market Forecasts

Chapter 13: Electronic Pill Market Research findings and conclusions, Appendix, methodology and data source.

Keep it going...

For more information about the report:

https://www.marketinsightsreports.com/reports/082812895731/global-electronic-pill-market-growth-trends-and-forecast-2023-to-2028-by-types-by-application-by-regions-and-by-key-players-capsovision-given-imaging-medimetrics-bio-images-drug-delivery-bdd?Mode=@Alexa

How can we accelerate our bidding process?

What is the potential of the Electronic Pill Market?
What is the impact of COVID-19 on the global Electronic Pill Market?
What are the top strategies that companies adopt in Electronic Pill Market?
What are the challenges faced by MIR and prominent vendors in Electronic Pill Market?
Which region has the highest investments in Electronic Pill Market?
What are the latest research and activities in Electronic Pill Market?
Who are the prominent players in Electronic Pill Market?
What is the potential of the Electronic Pill Market?

Lastly, the researchers shed information on global Electronic Pill precise analysis. It also assesses the long-term patterns and platforms that support market expansion. The research report also assesses the level of competitiveness. The industry has been thoroughly examined using SWOT analysis and Porters five scanning. It also aids in the management of company risks and obstacles. It also includes considerable research on sales techniques

Custom services available for reporting:

20% free customization.

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About Us:
Market Insights Reports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. Market Insights Reports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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