Global Smart Pills Market is expected to register a healthy CAGR in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
The major factors contributing to the growth of the market includes factors such as growing use of smart pills to comply with stringent regulatory requirements, rising need for adoption of smart pills for various application and technological advancements in smart pills services. On the other hand, high cost of smart pills product and services and lack of integration standards for smart pills are hampering the market growth.
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Market Segmentation
• The global smart pills market is segmented on the basis of application into capsule endoscopy, drug delivery and patient monitoring of cancer. In 2018, capsule endoscopy is expected to dominate the smart pills market with 57.4% market share growing at the highest CAGR in the forecast period 2018 to 2025.
• The global smart pills market is segmented on the basis of disease indication into occult GI bleeding, crohn’s disease, small bowel tumors, celiac disease, inherited polyposis syndromes and mental disorders. In 2018, occult GI bleeding is expected to dominate the smart pills market with highest market share and is growing at a healthy CAGR in the forecast period 2018 to 2025.
• The global smart pills market is segmented on the basis of type into multiparameter monitoring and single parameter monitoring. In 2018, multiparameter monitoring segment is expected to dominate the market in the forecast period of 2018 to 2025.
• The global smart pills market is segmented on the basis of end user into hospital, diagnostic centers and others. In 2018, hospital is expected to dominate the smart pills market with highest market share and is growing at the highest CAGR in the forecast period 2018 to 2025.
• The global smart pills market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market
• Based on geography, the market is segmented into 5 geographical regions, North America, Europe, Asia-Pacific, South America and Middle East and Africa.
Key Drivers
Some of the major factors driving the market for global smart pills market are growing use of smart pills to comply with stringent regulatory requirements, rising need for adoption of smart pills for various application and technological advancements in smart pills services.
High cost of smart pills product and services and lack of integration standards for smart pills are hampering the growth of the market.
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Key Points:
Medtronic is going to dominate the Asia-Pacific smart pills market followed by Otsuka Holdings Company Limited, Olympus Corporation.
The capsule endoscopy segment is dominating the global smart pills market with the highest CAGR of 16.3% in the forecast period 2018 to 2025.
TABLE OF CONTENTS
1 INTRODUCTION
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
• DRIVERS
• RESTRAINTS
• OPPORTUNITIES
• CHALLENGES
6 GLOBAL SMART PILLS MARKET, BY APPLICATION
• OVERVIEW
• CAPSULE ENDOSCOPY
o SMALL BOWEL CAPSULE ENDOSCOPY
o COLON CAPSULE ENDOSCOPY
o DRUG DELIVERY
o PATIENT MONITORING OF CANCER
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7 GLOBAL SMART PILLS MARKET, BY DISEASE INDICATION
8 GLOBAL SMART PILLS MARKET, BY TYPE
9 GLOBAL SMART PILLS MARKET, BY END USER
10 GLOBAL SMART PILLS MARKET, BY GEOGRAPHY
• GLOBAL
• NORTH AMERICA
• EUROPE
• ASIA PACIFIC
• SOUTH AMERICA
• MIDDLE EAST AND AFRICA
11 GLOBAL SMART PILLS MARKET, COMPANY LANDSCAPE
12 COMPANY PROFILE
• MEDTRONIC
• OTSUKA HOLDINGS COMPANY LIMITED
• OLYMPUS CORPORATION
• CAPSOVISION, INC.
• CHECK CAP
• INTROMEDIC
• JINSHAN SCIENCE & TECHNOLOGY
• LUCID GROUP LIMITED
13 RELATED REPORTS
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