Global smart pills market size is projected to register a CAGR of 11.4%

Pune, India, Oct. 19, 2022 (GLOBE NEWSWIRE) — MarketStudyReport recently added a global report Smart Pills Market is expected to register a CAGR of 11.4% over the period 2022-2028.

Then, the report is divided into four categories: Scope of Application, Disease Indication, Target Area, and End-User Scope. It then discusses the industry’s primary geographic regions along with their growth rates and revenue contributions. Finally, it offers a list of the major market players along with several suggestions and techniques for building a strong presence in the business world.

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Industry growth is primarily driven by the increasing aging population and rising incidence of lifestyle-related diseases such as obesity, peptic ulcer disease and gastroesophageal reflux disease (GERD).

In addition, the prevalence of chronic diseases like cancer, diabetes, etc. as well as rising R&D spending for the development of the smart pill are driving the market expansion.

In particular, patients with certain lifestyle disorders prefer minimally invasive methods, which is expected to present a great opportunity for the development of smart medicines, thus driving the industry prospects in the coming years.

Market segment overview:

Based on application area, global smart pills market is segmented into drug delivery, patient monitoring, capsule endoscopy, and others. Among these, the capsule endoscopy segment is currently gaining traction and is expected to witness remarkable expansion over the analysis period.

In terms of disease indication, the industry is divided into small intestine tumors, digestive tract diseases, colon diseases, esophageal diseases and others. Of these, the esophageal diseases segment is likely to see significant growth in the forecast period.

On the basis of the target area, the market is segmented into Stomach, Small Intestine, Esophagus and Large Intestine. Among these, the gastric segment is expected to expand significantly during the analysis period.

Speaking of end users, the industry is divided into diagnostic centers, hospitals, academic and research institutes, and others. Of these, the hospital segment is expected to take a significant share during the set timeframe.

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Regional scope:

As for the regional landscape, it examines the latest trends in North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

Competition Dashboard:

Veloce Corporation, Check-Cap Ltd., Jinshan Science & Technology (Group) Co., Ltd., Rf Co., Ltd., IntroMedic Co., Ltd., Olympus Corporation, Medtronic plc, Boston Scientific Corporation are moving to the competition site , GE Healthcare, CapsoVision, Inc. and Otsuka Holdings Co.Ltd. are the leading players in the global Smart Pills industry.

To access a sample copy or to view this report in detail along with the table of contents, please click on the following link:

https://www.marketstudyreport.com/reports/global-smart-pills-market-investment-growth-opportunity-analysis-2019-2028

Global Smart Pills Market by Application (Value, Million USD, 2019-2028)

  • drug delivery
  • patient monitoring
  • capsule endoscopy
  • Other

Global Smart Pills Market by Disease Indication (Value, USD Mn, 2019-2028)

  • small bowel tumors
  • diseases of the digestive tract
  • intestinal diseases
  • Diseases of the esophagus
  • Other

Global Smart Pills Market by Destination (Value, Million USD, 2019-2028)

  • stomach
  • small intestine
  • colon
  • esophagus

Global Smart Pills Market, by End User (Value, M USD, 2019-2028)

  • diagnostic center
  • hospitals
  • Academic and research institutes
  • Other

Global Smart Pills Market, Geographical Fragmentation (Value, Million USD, 2019-2028)

North America

Latin America

  • Mexico
  • Brazil
  • Rest of Latin America

Europe

  • Poland
  • Russia
  • Nordic
  • Benelux
  • Italy
  • France
  • Spain
  • United Kingdom
  • Germany
  • rest of Europe

Asia Pacific

  • Australia
  • South Korea
  • India
  • China
  • Japan
  • ASEAN
  • Rest of Asia Pacific

Middle East & Africa

  • Turkey
  • South Africa
  • GCC
  • Rest of MEA

Global Smart Pills Market, Company Profiles (Value, Million USD, 2019-2028)

  • Veloce Corporation
  • Check Cap Ltd.
  • Jinshan Science & Technology (Group) Co.,Ltd.
  • RF Co.,Ltd.
  • IntroMedic Co.,Ltd.
  • Olympus Corporation
  • Medtronic plc
  • Boston Scientific Corporation
  • GE Healthcare
  • CapsoVision, Inc.
  • Otsuka Holdings Co.Ltd.

Table of Contents

1. Launch

1.1. scope of the study

1.2. problem

1.3. market segmentation

2. Assumptions and Acronyms

3. Summary

3.1. world market in 2022

3.2. Insights and recommendations from analysts

3.3. Growth opportunities and key strategies

3.4. Supply-side and demand-side trends

4. Research methodology

5. Analysis of the impact of COVID-19 and the way forward

6. Market Indicators and Background

6.1. Macroeconomic Factors

6.1.1. Overview and forecast of the world population

6.1.2. Per capita income in key countries

6.1.3. Health expenditure per capita in key countries

6.1.4. Consumer spending on smart pills by region

6.2. prognostic factors

Robust assessment of various factors including but not limited to industrial performance, spending by industry players, economic conditions

6.3. Supply chain and value chain analysis

6.3.1. raw material suppliers

6.3.1.1. Pharmaceutical raw material suppliers

6.3.1.2. Suppliers of edible electronic components

6.3.2. Manufacturer of smart pills

6.3.3. Key End Users

6.4. Industry SWOT Analysis

6.5. PESTLE analysis

6.6. Porter’s Five Forces Analysis

7. Government Laws and Industry Regulations

8. Global and Regional Market Dynamics

8.1. driver

8.2. limitations

8.3. tendencies

8.4. occasions

9. Global Smart Pills Market: Key Investment Analysis

9.1. From electronics companies

9.2. From sensors and component suppliers

9.3. Technological assessment

9.4. through application

9.5. By region

9.6. M&A activities

Robust assessment of major investments from various industry players across application, technology, etc.

10. Global Smart Pills Market: Patent Analysis

Related report:

Global Ingestible Smart Pills Market 2022 by Manufacturers, Regions, Type and Application, Forecast to 2028

That Ingestible Smart Pills Market The report provides a detailed analysis of global market size, regional and country level market size, segmentation market growth, share, competitive landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments and opportunities Analysis, strategic market growth analysis, product launches, area market expansion and technological innovations. The top global ingestible smart pill manufacturers include BodyCap-Medical, Philips Respironics, Given Imaging, Olympus, and Proteus Digital Health, etc. In terms of revenue, the top four global players hold over % share in 2021.

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