Press release
Smart Pills Market Growing Rapidly Huge Growth by 2031- CapsoVision Inc., Medtronic PLC, IntroMedic, Olympus Medical Technology
The Global Smart Pills Market is expected to grow at a CAGR of 16% during the forecast period 2024-2031Smart pills are a groundbreaking innovation that bridges the gap between healthcare and digital technology. They are used to monitor various parameters such as temperature and drug adherence. These advanced devices are designed to be easily swallowed and provide a non-invasive, comprehensive examination of the gastrointestinal (GI) tract and other body areas.
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Market Trends:
The growing preference for minimally invasive devices is fueling interest in smart pills. These devices, such as Insulet Omnipod and Medtronic MiniMed, offer precise control over dosage and delivery while monitoring the gastrointestinal (GI) environment in real time. Smart pills, which provide non-invasive alternatives to procedures like endoscopy, are becoming integral to remote patient monitoring and telemedicine due to their advanced capabilities and improved battery life.
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Segment Covered in the Smart Pills Market:
By Product Type: Capsule endoscopy, Drug delivery, Patient Monitoring.
By Target Area: Esophagus, Stomach, Small intestine, Large intestine, and others
By Disease Indication: Digestive Tract Diseases, Esophageal Diseases, Small Bowel tumors, Colon Diseases, and others.
By End-User: Hospitals, Diagnostic centers, Ambulatory surgical centers, Research Institutes.
Major Key Players:
• Medtronic PLC
• CapsoVision Inc.
• IntroMedic
• Olympus Medical Technology
• Jinshan Science and Technology
• etectRx Inc.
• Medisafe
• HQ, Inc
• Check-Cap
*Note:
Additionally, I wanted to highlight that the full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted.
Related Reports:
Oral Contraceptive Pills Market: https://www.datamintelligence.com/research-report/oral-contraceptive-pills-market
Automatic Pill Dispenser Market: https://www.datamintelligence.com/research-report/automatic-pill-dispenser-market
Heating Pad Market: https://www.datamintelligence.com/research-report/heating-pad-market
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