Pune, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Global “Smart Pills Market” 2022-2028 report discovers comprehensive insights on key manufacturers with share information, market size and projection, key dynamics, growth factors, and new company profiles. The report provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth in the coming years. Smart Pills Market opportunities analysis, strategic growth analysis, product launches, marketplace expanding, and technological innovations are also highlighted. The report uncovers Smart Pills market size, potential growth, trends and expansion strategies followed by top prominent players.
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Smart pills are capsule-sized ingestible medical devices consisting of elements such as sensors, cameras, patches, and trackers that help in better diagnostics, patient monitoring, as well as targeted drug delivery.
Due to the COVID-19 pandemic, the global Smart Pills market size is estimated to be worth US$ 393.9 million in 2022 and is forecast to a readjusted size of US$ 697.1 million by 2028 with a CAGR of 10.0% during the review period. Fully considering the economic change by this health crisis, by Type, Esophagus accounting for % of the Smart Pills global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Capsule Endoscopy was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
They are majorly available in the form of a vitamin capsule sized pill and possess small wearable sensor patch, an application on a mobile device, and a provider portal. Once swallowed, it gets activated in the gut; the sensors provide information about patient’s health parameters and the effectiveness of medication treatment leading to more informed healthcare decisions and optimized therapies.
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Smart Pills Market Top Manufacturers Analysis: The report covers extensive analysis of the key market players along with their business overview, expansion plans, and strategies. Top Key Players covered in the report are:
- Proteus Digital Health
- CapsoVision
- Medtronic
- Olympus Corporations
- IntroMedic
The report focuses on the Smart Pills market size, segment size (mainly covering product type, application, and geography), competitor landscape, recent status, and development trends. Furthermore, the report provides detailed cost analysis, supply chain. Technological innovation and advancement will further optimize the performance of the product, making it more widely used in downstream applications. Moreover, Consumer behavior analysis and market dynamics (drivers, restraints, opportunities) provides crucial information for knowing the Smart Pills market.
Based On Product Types, the Smart Pills market from 2017 to 2028 is primarily split into:
- Esophagus
- Small Intestine
- Large Intestine
- Stomach
Based On Applications, the Smart Pills market from 2017 to 2028 covers:
- Capsule Endoscopy
- Drug Delivery
- Patient Monitoring
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Geographically, the report includes research on production, consumption, revenue, market share and growth rate, and forecast (2017 -2028) of the following regions:
- United States
- Europe (Germany, UK, France, Italy, Spain, Russia, Poland)
- China
- Japan
- India
- Southeast Asia (Malaysia, Singapore, Philippines, Indonesia, Thailand, Vietnam)
- Latin America (Brazil, Mexico, Colombia)
- Middle East and Africa (Saudi Arabia, United Arab Emirates, Turkey, Egypt, South Africa, Nigeria)
- Other Regions
Major Highlights of Smart Pills Market Report:
- Define and discuss the growth of the global Smart Pills market
- Analyze the various segments and dynamics of the Smart Pills market
- To identify and make suitable business plans according to industry and economic shifts.
- The key objective of presenting an in-depth research study on the global Smart Pills market is to conduct an extensive analysis and Smart Pills performance.
- The report highlights the latest trends, market drivers, and investment avenues for the new entrants and the market players looking for market expansion.
- It is helpful to combine relevant facts and offers a wealth of information and analysis on the global Smart Pills market.
- This report assesses the performance and profit potential of the global Smart Pills market. Different variables are used to analyze attractiveness and strengths.
What ideas and concepts are covered in the report?
- The assessments accounted by all the zones and the market share registered by each region are mentioned in the report.
- The study sums up the product consumption growth rate in the applicable regions along with their consumption market share.
- Data regarding the Smart Pills Industry market consumption rate of all the provinces, based on applicable regions and product types is inculcated in the report.
- Region-based analysis of the Smart Pills Industry market:
- The Smart Pills Industry market, with regards to the provincial scope, is segmented into USA, Europe, Japan, China, India, South East Asia and more. The report also includes information regarding the products use throughout the topographies.
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Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2022-2028
Some of the key questions answered in this report:
- Which are the five top players of the Smart Pills market?
- How will the Smart Pills market change in the upcoming years?
- Which product and application will take a share of the Smart Pills market?
- What are the drivers and restraints of the Smart Pills market?
- Which regional market will show the highest growth?
- What will be the CAGR and size of the Smart Pills market throughout the forecast period?
- What is the current market size, what will the market size be in 2028 and what will the growth rate be?
- What are the challenges to grow in the market?
- What are the market opportunities and challenges faced by the key vendors?
- Who are the major competitors and what is their strategy?
- What are the barriers to entry for new players in the market?
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With tables and figures helping analyze worldwide Global Smart Pills market trends, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
Detailed TOC of Smart Pills Market Forecast Report 2022-2028:
1 Study Coverage
1.1 Smart Pills Product Introduction
1.2 Global Smart Pills Outlook 2017 VS 2022 VS 2028
1.2.1 Global Smart Pills Sales in US$ Million for the Year 2017-2028
1.2.2 Global Smart Pills Sales in Volume for the Year 2017-2028
1.3 United States Smart Pills Outlook 2017 VS 2022 VS 2028
1.3.1 United States Smart Pills Sales in US$ Million for the Year 2017-2028
1.3.2 United States Smart Pills Sales in Volume for the Year 2017-2028
1.4 Smart Pills Market Size, United States VS Global, 2017 VS 2022 VS 2028
1.4.1 The Market Share of United States Smart Pills in Global, 2017 VS 2022 VS 2028
1.4.2 The Growth Rate of Smart Pills Market Size, United States VS Global, 2017 VS 2022 VS 2028
1.5 Smart Pills Market Dynamics
1.5.1 Smart Pills Industry Trends
1.5.2 Smart Pills Market Drivers
1.5.3 Smart Pills Market Challenges
1.5.4 Smart Pills Market Restraints
1.6 Study Objectives
1.7 Years Considered
2 Market by Type
2.1 Smart Pills Market Segment by Type
2.1.1 Esophagus
2.1.2 Small Intestine
2.1.3 Large Intestine
2.1.4 Stomach
2.2 Global Smart Pills Market Size by Type
2.2.1 Global Smart Pills Sales in Value, by Type (2017, 2022 & 2028)
2.2.2 Global Smart Pills Sales in Volume, by Type (2017, 2022 & 2028)
2.2.3 Global Smart Pills Average Selling Price (ASP) by Type (2017, 2022 & 2028)
2.3 United States Smart Pills Market Size by Type
2.3.1 United States Smart Pills Sales in Value, by Type (2017, 2022 & 2028)
2.3.2 United States Smart Pills Sales in Volume, by Type (2017, 2022 & 2028)
2.3.3 United States Smart Pills Average Selling Price (ASP) by Type (2017, 2022 & 2028)
3 Market by Application
3.1 Smart Pills Market Segment by Application
3.1.1 Capsule Endoscopy
3.1.2 Drug Delivery
3.1.3 Patient Monitoring
3.2 Global Smart Pills Market Size by Application
3.2.1 Global Smart Pills Sales in Value, by Application (2017, 2022 & 2028)
3.2.2 Global Smart Pills Sales in Volume, by Application (2017, 2022 & 2028)
3.3.3 Global Smart Pills Average Selling Price (ASP) by Application (2017, 2022 & 2028)
3.3 United States Smart Pills Market Size by Application
3.3.1 United States Smart Pills Sales in Value, by Application (2017, 2022 & 2028)
3.3.2 United States Smart Pills Sales in Volume, by Application (2017, 2022 & 2028)
3.3.3 United States Smart Pills Average Selling Price (ASP) by Application (2017, 2022 & 2028)
4 Global Smart Pills Competitor Landscape by Company
5 Global Smart Pills Market Size by Region
6 Segment in Region Level & Country Level
7 Company Profiles
7.1 Proteus Digital Health
7.1.1 Proteus Digital Health Corporation Information
7.1.2 Proteus Digital Health Description and Business Overview
7.1.3 Proteus Digital Health Smart Pills Sales, Revenue and Gross Margin (2017-2022)
7.1.4 Proteus Digital Health Smart Pills Products Offered
7.1.5 Proteus Digital Health Recent Development
7.2 CapsoVision
7.2.1 CapsoVision Corporation Information
7.2.2 CapsoVision Description and Business Overview
7.2.3 CapsoVision Smart Pills Sales, Revenue and Gross Margin (2017-2022)
7.2.4 CapsoVision Smart Pills Products Offered
7.2.5 CapsoVision Recent Development
7.3 Medtronic
7.3.1 Medtronic Corporation Information
7.3.2 Medtronic Description and Business Overview
7.3.3 Medtronic Smart Pills Sales, Revenue and Gross Margin (2017-2022)
7.3.4 Medtronic Smart Pills Products Offered
7.3.5 Medtronic Recent Development
7.4 Olympus Corporations
7.4.1 Olympus Corporations Corporation Information
7.4.2 Olympus Corporations Description and Business Overview
7.4.3 Olympus Corporations Smart Pills Sales, Revenue and Gross Margin (2017-2022)
7.4.4 Olympus Corporations Smart Pills Products Offered
7.4.5 Olympus Corporations Recent Development
7.5 IntroMedic
7.5.1 IntroMedic Corporation Information
7.5.2 IntroMedic Description and Business Overview
7.5.3 IntroMedic Smart Pills Sales, Revenue and Gross Margin (2017-2022)
7.5.4 IntroMedic Smart Pills Products Offered
7.5.5 IntroMedic Recent Development
8 Industry Chain and Sales Channels Analysis
8.1 Smart Pills Industry Chain Analysis
8.2 Smart Pills Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Smart Pills Distributors
8.3 Smart Pills Production Mode & Process
8.4 Smart Pills Sales and Marketing
8.4.1 Smart Pills Sales Channels
8.4.2 Smart Pills Distributors
8.5 Smart Pills Customers
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
Detailed TOC of Global Smart Pills Market @ https://www.industryresearch.biz/TOC/20690036
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