Press release
Smart Pills Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
Smart Pills Market Size
The market size of smart pills has seen swift expansion in recent years. The industry is expected to increase its worth from $5.39 billion in 2024 to $5.95 billion in 2025, representing a compound annual growth rate (CAGR) of 10.4%. This growth during the historical period can be linked to factors such as adherence to medication, management of chronic diseases, clinical tests and research, as well as an expanding elderly population.
The smart pills industry is projected to experience significant expansion in the coming years. It is estimated to reach a value of $9.22 billion in 2029 with an annual compound growth rate (CAGR) of 11.6%. The anticipated growth in this period can be tied to factors such as remote patient supervision, regulatory and quality norms, clinical trials and research, and integration with digital health. Key trends to watch for this forecast period involve wireless health tracking, diagnostic and imaging capsules, data analytics and artificial intelligence, smart pill sensors, and advancements in miniaturization and biocompatibility.
What Are the Primary Growth Drivers for the Smart Pills Market?
The increasing inclination towards non-invasive procedures is propelling the growth of the smart pills market. Non-invasive procedures encompass diagnosis and treatment methodologies that do not necessitate the incision of the body or tissue removal for diagnostic or treatment purposes. Smart pills are ingestible, wireless capsules with extensive uses for capsule endoscopy, drug delivery, and patient monitoring. To illustrate, smart pills play a pivotal role in diagnostic imaging like capsule endoscopy. It entails swallowing a smart pill (a capsule encasing a micro-camera), enabling image capture of the esophagus, stomach, and small intestine as the device journeys through the gastrointestinal (GI) tract. This innovation has resulted in a revolution in GI disorder diagnosis and could potentially replace traditional diagnostic methods like endoscopy. As such, non-invasive procedures are fuelling the growth of the smart pills market during the timeframe.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2846&type=smp
Who Are the Dominant Companies Influencing Smart Pills Market Trends?
Major companies operating in the smart pills market include Medtronic plc, Olympus Corporation, CapsoVision Inc., Novartis AG, Proteus Digital Health Inc., Koninklijke Philips N.V., MicroCHIPS Inc., Bio-Images Drug Delivery (BDD) Ltd., Given Imaging Ltd., Vitality Inc., Boston Scientific Corporation, HQ Inc., Fujifilm Holdings Corporation, General Electric Company, Check-Cap Ltd., IntroMedic Co. Ltd., Jinshan Science & Technology Co. Ltd., PENTAX Medical, etectRx Inc., Pixie Scientific HQ Inc., ANX Robotica Corp., RF Co. Ltd., Shenzhen Jifu Medical Technology Co. Ltd., Otsuka America Pharmaceutical Inc., Medimetrics Personalized Drug Delivery B.V., Smart Pill Inc., Medisafe Inc., AdhereTech LLC, TabSafe Medical Services Inc.
How Is the Smart Pills Market Evolving?
Considerable exploration and innovation are going into the application of minuscule chips like Addressable Transmitters Operated as Magnetic Spins (ATOMS), with potential uses as intelligent pills. ATOMS are devices made of silicon chips and operate based on magnetic resonance imaging (MRI) principles to locate atoms within a patient's body using magnetic fields. These devices can be applied in ingestible intelligent medications to identify and address diseases internally. They could be utilized to oversee a patient's gastrointestinal system, blood, or brain. Furthermore, they can gauge indicative factors of a patient's health such as pH levels, temperature, pressure, and sugar concentrations, and communicate these details to healthcare professionals. These devices could even be programmed to dispense medications. For example, scientists at Caltech (California Institute of Technology) have invented a diminutive medical chip for use as an intelligent medication.
What Are the Different Segmentations in the Smart Pills Market?
The smart pills market covered in this report is segmented -
1) By Target Area: Esophagus, Stomach, Small Intestine, Large Intestine
2) By Disease Indication: Esophageal Diseases, Colon Diseases, Small bowel Diseases, And Other Disease Indications
3) By Application: Capsule Endoscopy, Patient Monitoring, Drug Delivery
4) By End User: Hospital, Diagnostic Center, Research Institute
Subsegments:
1) By Esophagus: Diagnostic Pills For Esophageal Disorders, Pills For Monitoring Esophageal Motility
2) By Stomach: Gastric Emptying Monitoring Pills, Diagnostic Pills For Gastric Disorders
3) By Small Intestine: Pills For Absorption Studies, Diagnostic Pills For Small Bowel Diseases
4) By Large Intestine: Colonoscopy Alternative Pills, Pills For Detecting Colorectal Disorders
Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/smart-pills-global-market-report
Which Region Is at the Forefront of the Smart Pills Market?
North America was the largest region in the smart pills market in 2023. Western Europe was the second-largest region in the smart pills market analysis. The regions covered in the smart pills market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
What Is Covered In The Smart Pills Global Market Report?
- Market Size Analysis: Analyze the Smart Pills Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Smart Pills Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Smart Pills Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Smart Pills Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2846
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Pills Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share here
News-ID: 3931687 • Views: …
More Releases from The Business Research Company
Emerging Sub-Segments Transforming the Mitotic Spindle Organizing Protein 2B (MZ …
Understanding the growth potential of niche biotechnology markets reveals exciting opportunities for innovation and investment. One such area gaining attention is the mitotic spindle organizing protein 2B (MZT2B) antibody market, which is poised for remarkable expansion due to advances in medical research and technology. Let's explore the current landscape, key players, market segments, and factors driving this market forward.
Projected Growth Trajectory of the Mitotic Spindle Organizing Protein 2B (MZT2B) Antibody…
Top Players and Competitive Dynamics in the Menopause Supplement Market
The menopause supplement market is set for significant expansion in the coming years, driven by evolving healthcare demands and growing awareness of women's wellness. As more individuals seek tailored health solutions, the market is responding with innovative products and services designed to support women during menopause and beyond. Below, we explore the market size, influential players, and emerging trends shaping this industry's future.
Expected Growth Trajectory of the Menopause Supplement Market
The…
In-Depth Examination of Segments, Industry Developments, and Key Players in the …
The market for liquid carbon dioxide storage tanks is set for strong expansion in the coming years, supported by rising sustainability priorities and steady technological advancements across multiple industries. A closer look at the market size, major players, evolving trends, and detailed segmentation provides a clear understanding of the current dynamics and future potential.
Projected Growth and Market Size of Liquid Carbon Dioxide Storage Tanks
The liquid carbon dioxide storage tanks market…
Leading Companies Fueling Innovation and Growth in the Isotype Control Antibody …
The isotype control antibody market is set for significant expansion in the coming years, driven by advancements in medical research and technology. As laboratories and pharmaceutical companies increasingly adopt precision medicine, this sector is poised for rapid growth, reflecting broader trends in healthcare and biotechnology.
Anticipated Market Growth and Size for Isotype Control Antibodies
The market for isotype control antibodies is projected to reach $189.82 billion by 2029, growing at a robust…
More Releases for Pill
Pill Tracker App Market See Strong Future Growth By 2032 | Medisafe • MyTherap …
The qualitative latest Research report (2025-2032) on the Pill Tracker App Market by Coherent Market Insights Provides a deep dive into key market trends, drivers, challenges, and the competitive landscape. It analyzes market size, revenue, production, and CAGR using validated methodologies to ensure precision. The report highlights tech innovation, pricing trends, consumer behavior, and investment potential - empowering businesses to make informed, strategic moves.
➤ Request a Sample Copy: https://www.coherentmarketresearch.com/samplepages/144437
Focused…
Beyond the Pill Market
"Beyond the Pill Market" in terms of revenue was estimated to grow with a CAGR of 11.8% from 2025 to 2034, according to a new report by InsightAce Analytic.
Request For Free Sample Pages:
https://www.insightaceanalytic.com/request-sample/1567
Latest Drivers Restraint and Opportunities Market Snapshot:
Key factors influencing the global beyond the pill Market are:
• Increasing knowledge about healthcare
• Increasing healthcare expenditure
• Increasing incidence of chronic diseases
The following are the primary obstacles to the beyond the pill…
Peace of mind, one pill at a time: Pillgram's intelligent dispenser simplifies p …
Image: https://www.getnews.info/wp-content/uploads/2024/11/1732307630.jpg
Pillgram, an innovative medication management system designed to simplify the process of taking medications, is set to launch its Kickstarter campaign. Pillgram combines AI-powered technology, real-time monitoring, and caregiver notifications, providing a seamless solution for those managing medication for chronic conditions such as providing a seamless solution for those managing numerous or complicated medication regimes. The campaign aims to fund the final stages of development, offering early supporters exclusive…
Just in Time for Thanksgiving, the "Turkey Pill" - A Turkey And Stuffing Dinner …
BEVERLY HILLS, CA, USA, - Richard H. Davis, President, and CEO of Healthy Vitamins Corporation and Turkey Labs, Inc., proudly announces the official U.S. launch of an innovative nutritional supplement, the Turkey Pill. Timed perfectly for the Thanksgiving holiday, this groundbreaking product allows consumers to savor the flavors of a traditional Thanksgiving dinner year-round, conveniently condensed into one tiny pill.
Thanksgiving Day, rooted in tradition and celebrated across the nation, has…
Major Player in the Pill Box Timer Market Witnessing an Increase While the Coron …
The "Global Pill Box Timer Market" research report represents major insights on the current growth dynamics as well as the primary revenue generation elements that are available in the Pill Box Timer industry along with various other factors over the predicted period 2022-2028. The report on the Pill Box Timer market is focusing on a series of parameters including top manufacturing strategies, industry share, prime opportunities, industrial channel, profit margin,…
Pill Box Timer Market Overview Industry Demand,Development and Growth Forecast R …
Complete study of the global Pill Box Timer market is carried out by the analysts in this report, taking into consideration key factors like drivers, challenges, recent trends, opportunities, advancements, and competitive landscape. This report offers a clear understanding of the present as well as future scenario of the global Pill Box Timer industry. Research techniques like PESTLE and Porter's Five Forces analysis have been deployed by the researchers. They…
