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Smart Pills Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

  • ID: 5562579
  • Report
  • March 2022
  • Region: Global
  • 145 Pages
  • IMARC Group

FEATURED COMPANIES

  • CapsoVision Inc.
  • Check-Cap Ltd.
  • General Electric Company
  • IntroMedic Co. Ltd.
  • Koninklijke Philips N.V.
  • Medtronic plc
The global smart pills market reached a value of US$ 3.9 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 6.3 Billion by 2027, exhibiting at a CAGR of 7.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.



Smart pills are ingestible medical devices comprising sensors, cameras, patches, and trackers to record various physiological measures. They help in accurate therapy and better diagnostics and monitoring while eliminating the need for invasive procedures. Presently, several manufacturers are coming with innovative variants with advanced batteries and onboard memory. They assist in remote patient monitoring and telemedicine, providing wireless transmission of information in real-time and measuring the effects of the medication.

Smart Pills Market Trends:


A considerable rise in the prevalence of cancer and malignant gastrointestinal (GI) disorders represents one of the primary factors driving the demand for smart pills over conventional diagnostic techniques, such as endoscopy. Endoscopy devices are inserted into the patient’s esophagus for diagnosis of GI disorders. However, the risk of infection transmission and esophageal tearing is usually high with endoscopes. Consequently, smart pills are widely utilized as they provide multidimensional pictures of the internal parts of the body non-invasively. Moreover, the growing pediatric population, which is relatively more vulnerable to targeted diseases, along with the emerging trend of minimally invasive surgeries (MIS), is promoting the adoption of smart pills to diagnose and treat chronic diseases. Apart from this, the coronavirus disease (COVID-19) outbreak and the consequent rise in the demand for telemedicine technologies for remote patient visits are contributing to market growth. Furthermore, they are employed in the defense and allied industries to monitor the core body temperature of soldiers in real-time. Besides this, market players are investing in research and development (R&D) projects that focus on effective localization, steering, and control of pills. This is projected to expand the applications of smart pills in the future.

Key Market Segmentation:


The publisher provides an analysis of the key trends in each sub-segment of the global smart pills market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on target area, disease indication, application and end user.

Breakup by Target Area:

  • Esophagus
  • Small Intestine
  • Large Intestine
  • Stomach

Breakup by Disease Indication:

  • Esophageal Diseases
  • Small Bowel Diseases
  • Colon Diseases
  • Others

Breakup by Application:

  • Capsule Endoscopy
  • Drug Delivery
  • Patient Monitoring

Breakup by End User:

  • Hospitals
  • Diagnostic Centers
  • Research Institutes

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:


The competitive landscape of the industry has also been examined along with the profiles of the key players being CapsoVision Inc., Check-Cap Ltd., General Electric Company, IntroMedic Co. Ltd., Jinshan Science & Technology (Group) Co. Ltd., Koninklijke Philips N.V., Medtronic plc, Olympus Corporation and PENTAX Medical (Hoya Corporation).

Key Questions Answered in This Report:


  • How has the global smart pills market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global smart pills market?
  • What are the key regional markets?
  • What is the breakup of the market based on the target area?
  • What is the breakup of the market based on the disease indication?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global smart pills market and who are the key players?
  • What is the degree of competition in the industry?
Frequently Asked Questions about the Global Smart Pills Market

What is the estimated value of the Global Smart Pills Market?

The Global Smart Pills Market was estimated to be valued at $3.9 Billion in 2021.

What is the growth rate of the Global Smart Pills Market?

The growth rate of the Global Smart Pills Market is 8.3%, with an estimated value of $6.3 Billion by 2027.

What is the forecasted size of the Global Smart Pills Market?

The Global Smart Pills Market is estimated to be worth $6.3 Billion by 2027.

Who are the key companies in the Global Smart Pills Market?

Key companies in the Global Smart Pills Market include CapsoVision Inc., Check, Cap Ltd., General Electric Company, IntroMedic Co. Ltd., Jinshan Science & Technology (Group) Co. Ltd., Koninklijke Philips N.V., Medtronic plc and PENTAX Medical (Hoya Corporation)..
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • CapsoVision Inc.
  • Check-Cap Ltd.
  • General Electric Company
  • IntroMedic Co. Ltd.
  • Koninklijke Philips N.V.
  • Medtronic plc

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Smart Pills Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Target Area
6.1 Esophagus
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Small Intestine
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Large Intestine
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Stomach
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Disease Indication
7.1 Esophageal Diseases
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Small Bowel Diseases
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Colon Diseases
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Application
8.1 Capsule Endoscopy
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Drug Delivery
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Patient Monitoring
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by End User
9.1 Hospitals
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Diagnostic Centers
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Research Institutes
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 CapsoVision Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Check-Cap Ltd.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.3 General Electric Company
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 IntroMedic Co. Ltd.
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.5 Jinshan Science & Technology (Group) Co. Ltd.
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Koninklijke Philips N.V.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 Medtronic plc
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Olympus Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.8.4 SWOT Analysis
15.3.9 PENTAX Medical (Hoya Corporation)
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
List of Figures
Figure 1: Global: Smart Pills Market: Major Drivers and Challenges
Figure 2: Global: Smart Pills Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Smart Pills Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Smart Pills Market: Breakup by Target Area (in %), 2021
Figure 5: Global: Smart Pills Market: Breakup by Disease Indication (in %), 2021
Figure 6: Global: Smart Pills Market: Breakup by Application (in %), 2021
Figure 7: Global: Smart Pills Market: Breakup by End User (in %), 2021
Figure 8: Global: Smart Pills Market: Breakup by Region (in %), 2021
Figure 9: Global: Smart Pills (Esophagus) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Smart Pills (Esophagus) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Smart Pills (Small Intestine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Smart Pills (Small Intestine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Smart Pills (Large Intestine) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Smart Pills (Large Intestine) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Smart Pills (Stomach) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Smart Pills (Stomach) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Smart Pills (Esophageal Diseases) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Smart Pills (Esophageal Diseases) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Smart Pills (Small Bowel Diseases) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Smart Pills (Small Bowel Diseases) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Smart Pills (Colon Diseases) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Smart Pills (Colon Diseases) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Smart Pills (Other Disease Indications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Smart Pills (Other Disease Indications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Smart Pills (Capsule Endoscopy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Smart Pills (Capsule Endoscopy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Smart Pills (Drug Delivery) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Smart Pills (Drug Delivery) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Smart Pills (Patient Monitoring) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Smart Pills (Patient Monitoring) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Smart Pills (Hospitals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Smart Pills (Hospitals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Smart Pills (Diagnostic Centers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Smart Pills (Diagnostic Centers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Smart Pills (Research Institutes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Smart Pills (Research Institutes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: North America: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: North America: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: United States: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: United States: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Canada: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Canada: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Asia-Pacific: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Asia-Pacific: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: China: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: China: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Japan: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Japan: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: India: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: India: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: South Korea: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: South Korea: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Australia: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Australia: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Indonesia: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Indonesia: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Others: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Others: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Europe: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Europe: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Germany: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Germany: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: France: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: France: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: United Kingdom: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: United Kingdom: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Italy: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Italy: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Spain: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Spain: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Russia: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Russia: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Others: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Others: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Latin America: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Latin America: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Brazil: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Brazil: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Mexico: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Mexico: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Others: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Others: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Middle East and Africa: Smart Pills Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Middle East and Africa: Smart Pills Market: Breakup by Country (in %), 2021
Figure 85: Middle East and Africa: Smart Pills Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Global: Smart Pills Industry: SWOT Analysis
Figure 87: Global: Smart Pills Industry: Value Chain Analysis
Figure 88: Global: Smart Pills Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Smart Pills Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Smart Pills Market Forecast: Breakup by Target Area (in Million US$), 2022-2027
Table 3: Global: Smart Pills Market Forecast: Breakup by Disease Indication (in Million US$), 2022-2027
Table 4: Global: Smart Pills Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: Global: Smart Pills Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Smart Pills Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Smart Pills Market: Competitive Structure
Table 8: Global: Smart Pills Market: Key Players
Note: Product cover images may vary from those shown
  • CapsoVision Inc.
  • Check-Cap Ltd.
  • General Electric Company
  • IntroMedic Co. Ltd.
  • Jinshan Science & Technology (Group) Co. Ltd.
  • Koninklijke Philips N.V.
  • Medtronic plc
  • Olympus Corporation
  • PENTAX Medical (Hoya Corporation).
Note: Product cover images may vary from those shown

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