Skip to main content

Smart Pills Market Prominent Growth in Emerging Economies are Major Driving Forces

Global Smart Pills Market Is Expected to Exhibit A Strong 14.2% CAGR Over the Forecast Period From 2018 To 2023, according to the latest research report from Market Research Future (MRFR).
Smart pills are used to track medication adherence in patients. They can also be used to monitor the conditions inside the stomach, or to track the progression of chronic diseases. Due to their smart capabilities, these pills can transmit the information gained inside the patient directly to a monitoring device, such as a computer, smartphone app, or smartwatch. The increasing prevalence of diabetes is likely to be a major driver for the global smart pills market over the forecast period. Smart pills can provide efficient tracking of chronic diseases such as diabetes, allowing physicians to gain access to detailed data and focus on countering the disease in a more informed manner. Other lifestyle diseases such as GERD, gastric ulcers, and obesity are also likely to be important for the global smart pills market’s growth over the forecast period.
Various components of the global smart pills market are also studied in the report and projections are made for the growth trajectory of each distinct component. The various segments and sub-segments within the global smart pills market are studied in detail in the report. The study also makes a detailed analysis of the major players operating in the global smart pills market and provides a detailed look at the various competitive strategies employed by players in the global smart pills market. Likely future conditions with respect to the competitive landscape of the market are also explained in detail in the report.
Competitive Analysis:
Leading players in the global smart pills market include,
  • Intromedic
  • Pentax Medical
  • Medisafe
  • Jinshan Science & Technology
  • BDD Limited
  • Check-Cap
  • RF Co. Ltd.
  • Fujifilm Holdings Corporation
  • Medtronic
  • CapsoVision Inc.
  • Proteus Digital Health Inc.
  • Olympus Corporation
  • and Others
eLucid announced plans to extend its smart pill monitoring services to smartwatches, allowing patients to receive reminders straight on their smartwatches. The service already includes app notifications, text messages, and phone calls.
Segmentation:
The global smart pills market is segmented on the basis of application, target area, disease indication, end user, and region.
On the basis of application, the global smart pills market is segmented into capsule endoscopy, drug delivery, patient monitoring, and others. The capsule endoscopy segment has been further divided into small bowel capsule endoscopy, controllable capsule endoscopy, colon capsule endoscopy, and others. Patient monitoring has been divided into capsule pH monitoring and others.
By target area, the global smart pills market is segmented into esophagus, small intestine, large intestine, and stomach.
On the basis of disease indication, the global smart pills market is segmented into esophageal diseases, small bowel diseases, colon diseases, and others.
By end use, the global smart pills market is segmented into hospitals, diagnostic centers, and research institutes.
Browse Complete Premium Research details along with TOC Brief@ https://www.marketresearchfuture.com/reports/smart-pills-market-6591
Regional Analysis:
The Americas are expected to dominate the global smart pills market over the forecast period due to the increasingly favorable reimbursement scenario and increasing government support. North America is the major regional market for smart pills, as technological development is rife in North America. The technology behind smart pills is quite complicated, requiring efforts from computing companies and healthcare industry players. This has made North America the epicenter of the smart pills market, as the presence of healthcare technology players is quite strong in the region. The high prevalence of chronic diseases in North America is also a significant factor in making this the largest regional segment of the global smart pills market.
About Market Research Future: MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Labels:

Comments

Post a Comment

Popular posts from this blog

Hemifacial Spasm Market Application Scope, Types, Technology Benefits and Global Business

  Hemifacial Spasm Market  Research Information: By Diagnosis (Mri, Ct Or Cat Scan, Angiography (Arteriography)), Treatment (Medical Treatment, Surgical Treatment, Combinational Therapy, Tens, Physical Therapy, Others), End User – Global Forecast Till 2023 Market Highlights: Hemifacial spasm is a condition that causes frequent muscle spasms, on one side of the face. The condition can affect both men and women, but it is most prevalent in middle-aged or older women. Its incidence rate is also found to be higher among the Asian population. A number of factors such as increasing technological advancements, rising public awareness, increased incidence of craniofacial tremor, and facial chorea, unmet medical needs, increasing government assistance, improving regulatory framework, increasing adoption rate, and improvement in funding and reimbursement policies are propelling the growth of the global hemifacial spasm market. However, difficult diagnosis, cost of treatment, side-effect...
Post a Comment
Read more

U.S. Uterine Fibroid Market Latest Devices, Key Players Statistics Data, Regional Business Outlook 2022

U.S. Uterine Fibroid Market by Type (Subserosal Fibroids, Intramural Fibroids, Submucosal Fibroids and others), by Diagnosis (Medical Resonance Imaging (MRI) scanners, Computed Tomography (CT), Ultrasounds and others) and Treatment (Uterine Fibroid Embolization, Magnetic Resonance Guided Focused Ultrasound, Myolysis, Endometrial Ablation, Hysterectomy and Myomectomy) - Forecast to 2022 The  US Uterine Fibroid Market  report offers insights into the leading market players and presents an assessment of their current market position. Company information with regards to revenue, segmental share, geographical income, SWOT, growth strategies, new product launch, M&A activities, and the latest R&D initiatives is also available in the report Major Key Players To gain a substantially large competitive advantage, these players incorporate strategic initiatives such as mergers & acquisitions, collaboration, expansion, and product launch. These are the Top Market...
Post a Comment
Read more

Global Merkel Cell Carcinoma Market Clincial Assessment and Professional Industry Outlook 2023

  Global Merkel Cell Carcinoma Market  Research Report: By Diagnosis (Physical Examination, Sentinel Node Biopsy, Imaging Test), Treatment (Surgery, Radiation Therapy, Chemotherapy), End User (Hospitals & Clinics, Diagnostic Centers) – Forecast till 2023 Market Highlights Increasing prevalence of Merkel cell carcinoma and growing geriatric population are estimated to be the major drivers for the market growth during the forecast period. Moreover, increasing R&D expenses by the key market players, rising mortality rate by MCC, and growing healthcare expenditure is further boosting the market growth. However, the high cost of therapeutics and related side effects along with the lack of awareness and low per capita healthcare expenditures in the developing economies restrains the market growth.  Intended Audience Pharmaceutical Companies Biotechnological Institutes Government and Private Laboratories Research and Development (R&D) Companies Medical Research Labor...
Post a Comment
Read more