Global Smart Pills Technology Market is expected to garner $627.1 million by 2027, registering a CAGR of 21% during the forecast period 2021-2027.
Smart pill technology is used to diagnose gastrointestinal (GI) disorders such as constipation and gastric paralysis. Smart pill technology works by providing doctors with information related to various parameters such as pH, temperature and pressure in the gastrointestinal tract. The technology consists of a wireless capsule, a receiver (worn by the patient), and computer software that analyzes and classifies the collated information. Smart Peel is an early technology with tremendous potential in the field of medical diagnostics.
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Smart Pills Market by Technology
- Capsule Endoscopy
- Patient Monitoring
- Drug Delivery
Smart Pills Market by Disease
- Crohn’s Disease
- Celiac Disease
- Inherited Polyposis Syndromes
- Small Bowel Tumors
- Occult GI Bleeding
- Others
Major industry participants include
Boston Scientific Corporation, GE Healthcare, Stryker Corporation, Siemens Healthcare, Pentax Medical Company, Medtronic, Inc, Olympus Medical Technology, Smartpill Inc, Philips Healthcare, Philips Healthcare, Given Imaging Ltd and Novartis.
Scope of the Report
The research study analyzes the global Smart Pills Technology industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Smart Pills Technology Market Report
1. What was the Smart Pills Technology Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of Smart Pills Technology Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Smart Pills Technology Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
• Proliferation and maturation of trade in the global Smart Pills Technology market.
• The market share of the global Smart Pills Technology market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Smart Pills Technology market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Smart Pills Technology market.
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