Global Smart Pills Market by Application (Patient Monitoring and Others), Target Area (Esophagus, Small Intestine, and Others), Disease Indication (Disease Indication, and Others) End User (Hospitals and Others)—Global Forecast till 2023
The analysis of Market Research Future (MRFR), the Global Smart Pills Market is expected to gain a Splendid market share at a CAGR of 14.2% during the Research Review Period.
Top key players identified in the Global Smart Pills Market are BDD Limited, Check-Cap, CapsoVision, INTROMEDIC, PENTAX Medical, JINSHAN Science & Technology, RF Co., Ltd., Inc., Olympus Corporation, Proteus Digital Health, FUJIFILM Holdings Corporation, Inc., MEDISAFE and MEDTRONIC.
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Smart Pills are innovative ingestible medical devices that are finding application opportunities in areas such as diagnosis, drug delivery, and treatments emphasis is being placed on the expansion and innovation of capsule-sized medical devices to make numerous safer and simpler types of medical procedures.
Segmental Analysis
The global market for smart pills is segmented based on the target area, application, end-user, and disease indication.
Global Smart Pills Market, by Application
- Capsule Endoscopy
- Small Bowel Capsule Endoscopy
- Controllable Capsule Endoscopy
- Colon Capsule Endoscopy
- Other
- Drug Delivery
- Patient Monitoring
- Others
Global Smart Pills Market, by Target Area
- Esophagus
- Small Intestine
- Large Intestine
- Stomach
Global Smart Pills Market, by Disease Indication
- Esophageal Diseases
- Small Bowel Diseases
- Colon Diseases
- Others
Global Smart Pills Market, by End User
- Hospitals
- Diagnostic Center
- Research Institute
The rising global geriatric population and growing prevalence of numerous types of chronic and acute disorders such as cancer, diabetes, and others, are influencing the growth led to a greater need for innovative medical solutions such as smart pills.
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These pills enable on-site diagnosis with smallest medical arrangements that are numerous hindering factors in the form of government regulatory norms, the extensive product approval process, and expensive cost of advanced medical devices are likely to impact the market negatively over the review period.
Regional Analysis
Geographically, the global smart pills market has been covered across The Americas (North America and Latin America), the Asia Pacific (APAC), Europe, and the Middle East & Africa (MEA).
The smart pills market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.
The European smart pills market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe.
The smart pills market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The smart pills market in the Middle East & Africa has been segmented into the Middle East and Africa.
Chapter 10. Global Smart Pills Market, By Region
10.1 Introduction
10.2 Americas
10.2.1 North America
10.2.1.1 US
10.2.1.2 Canada
10.2.2 South America
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10.3 Europe
10.3.1 Western Europe
10.3.1.1 Germany
10.3.1.2 France
10.3.1.3 Italy
10.3.1.4 Spain
10.3.1.5 UK
10.3.1.6 Rest Of Western Europe
10.3.2 Eastern Europe
10.4 Asia-Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 South Korea
10.4.6 Rest Of Asia-Pacific
10.5 Middle East & Africa
10.5.1 Middle East
10.5.2 Africa
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