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Smart Pills Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Application, Disease Indication and End User

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    Report

  • 198 Pages
  • March 2022
  • Region: Global
  • The Insight Partners
  • ID: 5576222
UP TO OFF until Jun 30th 2024
Rising Demand for Minimally Invasive Surgical Procedures to Drive Global Smart Pills Market



According to this new research study on 'Smart Pills Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Application, Disease Indication, and End User,' the smart pills market is expected to grow from US$ 4,019.30 million in 2021 to US$ US$ 9,061.29 million by 2028; it is estimated to grow at a CAGR of 12.3% from 2021 to 2028. Factors driving the smart pills market's growth are the increase in strategic collaborations & partnerships on smart pills, and rising demand for minimally invasive surgical procedures. However, the high cost of smart pills hampers the smart pills market growth.

The increasing demand for minimally invasive surgical procedures led to innovative techniques, such as capsule endoscopy. Capsule endoscopy is expected to replace traditional endoscopy methods due to its advantages, including ease of administration and detailed observation of the gastrointestinal tract. The capsule endoscopy plays a vital role in the early diagnosis and proper treatment of these disorders, along with hybrid imaging technologies and new component innovations. For instance, as per the University of Texas Health Science Center, the deployment of various colorectal cancer screening procedures, such as capsule endoscopy, improves adherence to screening. The university conducted a study comprising haphazardly assigned patients aged between 50 and 75 and inferred that capsule endoscopy gives better diagnostic results than CT colonography. Such findings are boosting the segment growth. Therefore, increasing demand for a minimally invasive surgical procedure is driving the growth of the smart pills market.

CapsoVision, Inc.; Medtronic.; Check-Cap; PENTAX Medical; Olympus Corporation; BodyCap.; Otsuka America Pharmaceutical, Inc.; IntroMedic; Jinshan Science & Technology (Group) Co., Ltd.; and RF Co., Ltd. are a few leading companies operating in the smart pills market.

Based on application, the smart pills market is segmented into capsule endoscopy, drug delivery, and patient monitoring. Based on disease indication, the market is segmented into gastrointestinal diseases, neurological disorders, cancer, inherited disorders, and other disease indications. Based on end user, the smart pills market is segmented into hospitals and clinics, research institutes, and home healthcare. By geography, the smart pills market is segmented into North America (the US, Canada, and Mexico), Europe (the UK, Germany, France, Italy, Spain, and the Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific), the Middle East & Africa (the UAE, Saudi Arabia, Africa, and the Rest of the Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).

Reasons to Buy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Smart Pills market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the global Smart Pills market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution

Table of Contents

1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Global Smart Pills Market - By Application
1.3.2 Global Smart Pills Market - By Disease Indication
1.3.3 Global Smart Pills Market - By End User
1.3.4 Global Smart Pills Market - By Geography
2. Smart Pills Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Global Smart Pills Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America - PEST Analysis
4.2.2 Europe - PEST Analysis
4.2.3 Asia Pacific - PEST Analysis
4.2.4 Middle East & Africa - PEST Analysis
4.2.5 South & Central America - PEST Analysis
4.3 Expert Opinion
5. Smart Pills Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Minimally Invasive Surgical Procedures
5.1.2 Increase in Strategic Collaborations & Partnerships On Smart Pills
5.2 Market Restraints
5.2.1 High Cost of Smart Pill
5.3 Market Opportunities
5.3.1 Increasing Demand for Drug Delivery System
5.4 Future Trends
5.4.1 Remote Patient Monitoring Through Smart Pills
6. Smart Pills Market - Global Analysis
6.1 Global Smart Pills Market Revenue Forecast and Analysis
6.2 Global Smart Pills Market, By Geography - Forecast and Analysis
6.3 Market Positioning of Key Players
7. Smart Pills Market Analysis - By Application
7.1 Overview
7.2 Smart Pills Market, By Application, 2021 & 2028 (%)
7.3 Capsule Endoscopy
7.3.1 Overview
7.3.2 Capsule Endoscopy: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
7.3.3 Small Bowel Video Capsule Endoscopy
7.3.3.1 Overview
7.3.3.2 Small Bowel Video Capsule Endoscopy: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
7.3.4 Colon Capsule Endoscopy
7.3.4.1 Overview
7.3.4.2 Colon Capsule Endoscopy: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
7.3.5 Controllable Capsule Endoscopy
7.3.5.1 Overview
7.3.5.2 Controllable Capsule Endoscopy: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
7.3.6 Storable Capsule Endoscopy
7.3.6.1 Overview
7.3.6.2 Storable Capsule Endoscope: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
7.3.7 Other Capsule Endoscopy
7.3.7.1 Overview
7.3.7.2 Other Capsule Endoscopy: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
7.4 Drug Delivery
7.4.1 Overview
7.4.2 Drug Delivery: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
7.5 Patient Monitoring
7.5.1 Overview
7.5.2 Patient Monitoring: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
8. Smart Pills Market Revenue and Forecasts To 2028 - Disease Indication
8.1 Overview
8.2 Smart Pills Market Share by Disease Indication - 2021 & 2028 (%)
8.3 Gastrointestinal Diseases
8.3.1 Overview
8.3.2 Gastrointestinal Diseases: Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
8.4 Neurological Disorders
8.4.1 Overview
8.4.2 Neurological Disorders: Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
8.5 Cancer
8.5.1 Overview
8.5.2 Cancer: Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
8.6 Inherited Disorders
8.6.1 Overview
8.6.2 Inherited Disorders: Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
8.7 Other Disease Indications
8.7.1 Overview
8.7.2 Other Disease Indications: Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
9. Smart Pills Market Revenue and Forecasts To 2028 - End User
9.1 Overview
9.2 Smart Pills Market Share by End User - 2021 & 2028 (%)
9.3 Hospitals and Clinics
9.3.1 Overview
9.3.2 Hospitals and Clinics: Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
9.4 Research Institutes
9.4.1 Overview
9.4.2 Research Institutes: Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
9.5 Home Healthcare
9.5.1 Overview
9.5.2 Home Healthcare: Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
10. Smart Pills Market - Regional Analysis
10.1 North America: Smart Pills Market
10.1.1 Overview
10.1.2 North America Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.1.3 North America Smart Pills Market, by Application- Revenue and Forecast to 2028 (USD Million)
10.1.3.1 North America Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
10.1.4 North America Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
10.1.5 North America Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
10.1.6 North America: Smart Pills Market, by Country, 2021 & 2028 (%)
10.1.6.1 US: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.1.6.1.1 Overview
10.1.6.1.2 US: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.1.6.1.3 US Smart Pills Market, by Application- Revenue and Forecast to 2028 (USD Million)
10.1.6.1.3.1 US Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
10.1.6.1.4 US Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
10.1.6.1.5 US Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
10.1.6.2 Canada: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.1.6.2.1 Overview
10.1.6.2.2 Canada: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.1.6.2.3 Canada Smart Pills Market, by Application- Revenue and Forecast to 2028 (USD Million)
10.1.6.2.3.1 Canada Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
10.1.6.2.4 Canada Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
10.1.6.2.5 Canada Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
10.1.6.3 Mexico: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.1.6.3.1 Overview
10.1.6.3.2 Mexico: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.1.6.3.3 Mexico Smart Pills Market, by Application- Revenue and Forecast to 2028 (USD Million)
10.1.6.3.3.1 Mexico Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
10.1.6.3.4 Mexico Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
10.1.6.3.5 Mexico Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
10.2 Europe: Smart Pills Market
10.2.1 Overview
10.2.2 Europe: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.2.3 Europe: Smart Pills Market, by Application, 2019-2028 (USD Million)
10.2.3.1 Europe: Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.2.4 Europe: Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.2.5 Europe: Smart Pills Market, by End-User, 2019-2028 (USD Million)
10.2.6 Europe: Smart Pills Market, by Country, 2021 & 2028 (%)
10.2.6.1 Germany: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.2.6.1.1 Overview
10.2.6.1.2 Germany: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.2.6.1.3 Germany: Smart Pills Market, by Application, 2019-2028 (USD Million)
10.2.6.1.3.1 Germany: Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.2.6.1.4 Germany: Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.2.6.1.5 Germany: Smart Pills Market, by End-User, 2019-2028 (USD Million)
10.2.6.2 UK: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.2.6.2.1 Overview
10.2.6.2.2 UK: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.2.6.2.3 UK: Smart Pills Market, by Application, 2019-2028 (USD Million)
10.2.6.2.3.1 UK: Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.2.6.2.4 UK: Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.2.6.2.5 UK: Smart Pills Market, by End User, 2019-2028 (USD Million)
10.2.6.3 France: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.2.6.3.1 Overview
10.2.6.3.2 France: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.2.6.3.3 France: Smart Pills Market, by Application, 2019-2028 (USD Million)
10.2.6.3.3.1 France: Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.2.6.3.4 France: Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.2.6.3.5 France: Smart Pills Market, by End User, 2019-2028 (USD Million)
10.2.6.4 Spain: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.2.6.4.1 Overview
10.2.6.4.2 Spain: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.2.6.4.3 Spain: Smart Pills Market, by Application, 2019-2028 (USD Million)
10.2.6.4.3.1 Spain: Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.2.6.4.4 Spain: Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.2.6.4.5 Spain: Smart Pills Market, by End User, 2019-2028 (USD Million)
10.2.6.5 Italy: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.2.6.5.1 Overview
10.2.6.5.2 Italy: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.2.6.5.3 Italy: Smart Pills Market, by Application, 2019-2028 (USD Million)
10.2.6.5.3.1 Italy: Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.2.6.5.4 Italy: Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.2.6.5.5 Italy: Smart Pills Market, by End User, 2019-2028 (USD Million)
10.2.6.6 Rest of Europe: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.2.6.6.1 Overview
10.2.6.6.2 Rest of Europe: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.2.6.6.3 Rest of Europe: Smart Pills Market, by Application, 2019-2028 (USD Million)
10.2.6.6.3.1 Rest of Europe: Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.2.6.6.4 Rest of Europe: Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.2.6.6.5 Rest of Europe: Smart Pills Market, by End User, 2019-2028 (USD Million)
10.3 Asia-Pacific: Smart Pills Market Revenue and Forecasts To
10.3.1 Overview
10.3.2 Asia Pacific: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
10.3.3 Asia Pacific: Smart Pills Market Revenue and Forecasts to 2028, By Application (US$ Million)
10.3.3.1 Asia Pacific: Smart Pills Market Revenue and Forecasts to 2028, By Capsule Endoscopy (US$ Million)
10.3.4 Asia Pacific: Smart Pills Market Revenue and Forecasts to 2028, By Disease Indication (US$ Million)
10.3.5 Asia Pacific: Smart Pills Market, by End User - Revenue and Forecast to 2028 (US$ Million)
10.3.6 Asia Pacific: Smart Pills Market Revenue and Forecasts to 2028, By Country (%)
10.3.6.1 Japan: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.1.1 Overview
10.3.6.1.2 Japan: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.1.3 Japan: Smart Pills Market Revenue and Forecasts to 2028, By Application (US$ Million)
10.3.6.1.3.1 Japan: Smart Pills Market Revenue and Forecasts to 2028, By Capsule Endoscopy (US$ Million)
10.3.6.1.4 Japan: Smart Pills Market Revenue and Forecasts to 2028, By Disease Indication (US$ Million)
10.3.6.1.5 Japan: Smart Pills Market, by End User - Revenue and Forecast to 2028 (US$ Million)
10.3.6.2 China: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.2.1 Overview
10.3.6.2.2 China: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.2.3 China: Smart Pills Market Revenue and Forecasts to 2028, By Application (US$ Million)
10.3.6.2.3.1 China: Smart Pills Market Revenue and Forecasts to 2028, By Capsule Endoscopy (US$ Million)
10.3.6.2.4 China: Smart Pills Market Revenue and Forecasts to 2028, By Disease Indication (US$ Million)
10.3.6.2.5 China: Smart Pills Market, by End User - Revenue and Forecast to 2028 (US$ Million)
10.3.6.3 India Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.3.1 Overview
10.3.6.3.2 India: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.3.3 India: Smart Pills Market Revenue and Forecasts to 2028, By Application (US$ Million)
10.3.6.3.3.1 India: Smart Pills Market Revenue and Forecasts to 2028, By Capsule Endoscopy (US$ Million)
10.3.6.3.4 India: Smart Pills Market Revenue and Forecasts to 2028, By Disease Indication (US$ Million)
10.3.6.3.5 India: Smart Pills Market, by End User - Revenue and Forecast to 2028 (US$ Million)
10.3.6.4 South Korea: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.4.1 Overview
10.3.6.4.2 South Korea: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.4.3 South Korea: Smart Pills Market Revenue and Forecasts to 2028, By Application (US$ Million)
10.3.6.4.3.1 South Korea: Smart Pills Market Revenue and Forecasts to 2028, By Capsule Endoscopy (US$ Million)
10.3.6.4.4 South Korea: Smart Pills Market Revenue and Forecasts to 2028, By Disease Indication (US$ Million)
10.3.6.4.5 South Korea: Smart Pills Market, by End User - Revenue and Forecast to 2028 (US$ Million)
10.3.6.5 Australia: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.5.1 Overview
10.3.6.5.2 Australia: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
10.3.6.5.3 Australia: Smart Pills Market Revenue and Forecasts to 2028, By Application (US$ Million)
10.3.6.5.3.1 Australia: Smart Pills Market Revenue and Forecasts to 2028, By Capsule Endoscopy (US$ Million)
10.3.6.5.4 Australia: Smart Pills Market Revenue and Forecasts to 2028, By Disease Indication (US$ Million)
10.3.6.5.5 Australia: Smart Pills Market, by End User - Revenue and Forecast to 2028 (US$ Million)
10.3.6.6 Rest of Asia Pacific: Smart Pills Market - Revenue and Forecast to 2028 (US$ Million)
10.3.6.6.1 Overview
10.3.6.6.2 Rest of Asia Pacific: Smart Pills Market - Revenue and Forecast to 2028 (US$ Million)
10.3.6.6.3 Rest of Asia Pacific: Smart Pills Market Revenue and Forecasts to 2028, By Application (US$ Million)
10.3.6.6.3.1 Rest of Asia Pacific: Smart Pills Market Revenue and Forecasts to 2028, By Capsule Endoscopy (US$ Million)
10.3.6.6.4 Rest of Asia Pacific: Smart Pills Market Revenue and Forecasts to 2028, By Disease Indication (US$ Million)
10.3.6.6.5 Rest of Asia Pacific: Smart Pills Market, by End User - Revenue and Forecast to 2028 (US$ Million)
10.4 Middle East & Africa: Smart Pills Market Revenue and Forecasts To
10.4.1 Overview
10.4.2 Middle East & Africa: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.4.3 Middle East & Africa: Smart Pills Market, by Application, 2019-2028 (USD Million)
10.4.3.1 Middle East & Africa: Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.4.4 Middle East & Africa: Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.4.5 Middle East & Africa: Smart Pills Market, by End User, 2019-2028 (USD Million)
10.4.6 Middle East & Africa: Smart Pills Market Share by Country - 2021 & 2028, (%)
10.4.6.1 Saudi Arabia: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.4.6.1.1 Overview
10.4.6.1.2 Saudi Arabia: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.4.6.1.3 Saudi Arabia: Smart Pills Market, by Application, 2019-2028 (USD Million)
10.4.6.1.3.1 Saudi Arabia: Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.4.6.1.4 Saudi Arabia: Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.4.6.1.5 Saudi Arabia: Smart Pills Market, by End User, 2019-2028 (USD Million)
10.4.6.2 UAE: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.4.6.2.1 Overview
10.4.6.2.2 UAE: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.4.6.2.3 UAE: Smart Pills Market, by Application, 2019-2028 (USD Million)
10.4.6.2.3.1 UAE: Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.4.6.2.4 UAE: Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.4.6.2.5 UAE: Smart Pills Market, by End User, 2019-2028 (USD Million)
10.4.6.3 South Africa: Smart Pills Market - Revenue and Forecast to 2028 (US$ Million)
10.4.6.3.1 Overview
10.4.6.3.2 South Africa: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.4.6.3.3 South Africa: Smart Pills Market, by Application, 2019-2028 (USD Million)
10.4.6.3.3.1 South Africa: Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.4.6.3.4 South Africa: Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.4.6.3.5 South Africa: Smart Pills Market, by End User, 2019-2028 (USD Million)
10.4.6.4 Rest of Middle East and Africa: Smart Pills Market - Revenue and Forecast to 2028 (US$ Million)
10.4.6.4.1 Overview
10.4.6.4.2 Rest of Middle East and Africa: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.4.6.4.3 Rest of Middle East and Africa: Smart Pills Market, by Application, 2019-2028 (USD Million)
10.4.6.4.3.1 Rest of Middle East and Africa: Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.4.6.4.4 Rest of Middle East and Africa: Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.4.6.4.5 Rest of Middle East and Africa: Smart Pills Market, by End User, 2019-2028 (USD Million)
10.5 South and Central America Smart Pills Market Revenue and Forecasts To
10.5.1 Overview
10.5.2 South and Central America: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.5.3 South and Central America Smart Pills Market, By Application- Revenue and Forecast to 2028 (USD Million)
10.5.3.1 South and Central America Smart Pills Market, By Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
10.5.4 South and Central America Smart Pills Market, By Disease Indication- Revenue and Forecast to 2028 (USD Million)
10.5.5 South and Central America: Smart Pills Market, by End User, 2019-2028 (USD Million)
10.5.6 South and Central America: Smart Pills Market Share by Country - 2021 & 2028, (%)
10.5.6.1 Brazil: Smart Pills Market- Revenue and Forecasts To 2028 (USD Million)
10.5.6.1.1 Overview
10.5.6.1.2 Brazil: Smart Pills Market- Revenue and Forecasts To 2028 (USD Million)
10.5.6.1.3 Brazil Smart Pills Market, By Application- Revenue and Forecast to 2028 (USD Million)
10.5.6.1.3.1 Brazil Smart Pills Market, By Application- Revenue and Forecast to 2028 (USD Million)
10.5.6.1.4 Brazil Smart Pills Market, By Disease Indication- Revenue and Forecast to 2028 (USD Million)
10.5.6.1.5 Brazil Smart Pills Market, By End User - Revenue and Forecast to 2028 (USD Million)
10.5.6.2 Argentina: Smart Pills Market- Revenue and Forecasts To 2028 (USD Million)
10.5.6.2.1 Overview
10.5.6.2.2 Argentina: Smart Pills Market- Revenue and Forecasts To 2028 (USD Million)
10.5.6.2.3 Argentina Smart Pills Market, By Application- Revenue and Forecast to 2028 (USD Million)
10.5.6.2.3.1 Argentina Smart Pills Market, By Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
10.5.6.2.4 Argentina Smart Pills Market, By Disease Indication - Revenue and Forecast to 2028 (USD Million)
10.5.6.2.5 Argentina Smart Pills Market, By End User - Revenue and Forecast to 2028 (USD Million)
10.5.6.3 Rest of South and Central America: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.5.6.3.1 Overview
10.5.6.3.2 Rest of South and Central America: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
10.5.6.3.3 Rest of South and Central America Smart Pills Market, By Application- Revenue and Forecast to 2028 (USD Million)
10.5.6.3.3.1 Rest of South and Central America Smart Pills Market, By Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
10.5.6.3.4 Rest of South and Central America Smart Pills Market, By Disease Indication - Revenue and Forecast to 2028 (USD Million)
10.5.6.3.5 Rest of South and Central America Smart Pills Market, By End User - Revenue and Forecast to 2028 (USD Million)
11. Impact of COVID-19 Pandemic on Global Smart Pills Market
11.1 North America: Impact Assessment of COVID-19 Pandemic
11.2 Europe: Impact Assessment of COVID-19 Pandemic
11.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
11.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.5 South and Central America: Impact Assessment of COVID-19 Pandemic
12. Smart Pills Market-Industry Landscape
12.1 Overview
12.2 Growth Strategies in the Smart Pills Market, 2021-2028
12.3 Inorganic Growth Strategies
12.3.1 Overview
12.4 Organic Growth Strategies
12.4.1 Overview
13. Company Profiles
13.1 CapsoVision, Inc.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Medtronic
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Check-Cap
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 PENTAX Medical
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Olympus Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 BodyCap
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Otsuka Holdings Co., Ltd.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 IntroMedic Co., Ltd.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 JINSHAN Science & Technology
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 RF Co., Ltd.
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About the Publisher
14.2 Glossary of Terms
List of Tables
Table 1. North America Smart Pills Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 2. North America Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 3. North America Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
Table 4. North America Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 5. US Smart Pills Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 6. US Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 7. US Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
Table 8. US Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 9. Canada Smart Pills Market, by Application-Revenue and Forecast to 2028 (USD Million)
Table 10. Canada Smart Pills Market, by Capsule Endoscopy -Revenue and Forecast to 2028 (USD Million)
Table 11. Canada Smart Pills Market, by Disease Indication -Revenue and Forecast to 2028 (USD Million)
Table 12. Canada Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 13. Mexico Smart Pills Market, by Application -Revenue and Forecast to 2028 (USD Million)
Table 14. Mexico Smart Pills Market, by Capsule Endoscopy -Revenue and Forecast to 2028 (USD Million)
Table 15. Mexico Smart Pills Market, by Disease Indication -Revenue and Forecast to 2028 (USD Million)
Table 16. Mexico Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 17. Europe Smart Pills Market, by Application- Revenue and Forecast to 2028 (USD Million)
Table 18. Europe Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 19. Europe Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
Table 20. Europe Smart Pills Market, by End-User - Revenue and Forecast to 2028 (USD Million)
Table 21. Germany Smart Pills Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 22. Germany Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 23. Germany Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
Table 24. Germany Smart Pills Market, by End-User - Revenue and Forecast to 2028 (USD Million)
Table 25. UK Smart Pills Market, by Application- Revenue and Forecast to 2028 (USD Million)
Table 26. UK Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 27. UK Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
Table 28. UK Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 29. France Smart Pills Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 30. France Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 31. France Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
Table 32. France Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 33. Spain Smart Pills Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 34. Spain Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 35. Spain Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
Table 36. Spain Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 37. Italy Smart Pills Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 38. Italy Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 39. Italy Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
Table 40. Italy Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 41. Rest of Europe Smart Pills Market, by Application- Revenue and Forecast to 2028 (USD Million)
Table 42. Rest of Europe Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 43. Rest of Europe Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
Table 44. Rest of Europe Smart Pills Market, by End User- Revenue and Forecast to 2028 (USD Million)
Table 45. Asia Pacific: Smart Pills Market Revenue and Forecasts to 2028, By Application (US$ Million).
Table 46. Asia Pacific: Smart Pills Market Revenue and Forecasts to 2028, By Capsule Endoscopy (US$ Million).
Table 47. Asia Pacific: Smart Pills Market Revenue and Forecasts to 2028, By Disease Indication (US$ Million).
Table 48. Asia Pacific: Smart Pills Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 49. Japan: Smart Pills Market Revenue and Forecasts to 2028, By Application (US$ Million).
Table 50. Japan: Smart Pills Market Revenue and Forecasts to 2028, By Capsule Endoscopy (US$ Million).
Table 51. Japan: Smart Pills Market Revenue and Forecasts to 2028, By Disease Indication (US$ Million).
Table 52. Japan: Smart Pills Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 53. China: Smart Pills Market Revenue and Forecasts to 2028, By Application (US$ Million).
Table 54. China: Smart Pills Market Revenue and Forecasts to 2028, By Capsule Endoscopy (US$ Million).
Table 55. China: Smart Pills Market Revenue and Forecasts to 2028, By Disease Indication (US$ Million).
Table 56. China: Smart Pills Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 57. India: Smart Pills Market Revenue and Forecasts to 2028, By Application (US$ Million).
Table 58. India: Smart Pills Market Revenue and Forecasts to 2028, By Capsule Endoscopy (US$ Million).
Table 59. India: Smart Pills Market Revenue and Forecasts to 2028, By Disease Indication (US$ Million).
Table 60. India: Smart Pills Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 61. South Korea: Smart Pills Market Revenue and Forecasts to 2028, By Application (US$ Million).
Table 62. South Korea: Smart Pills Market Revenue and Forecasts to 2028, By Capsule Endoscopy (US$ Million).
Table 63. South Korea: Smart Pills Market Revenue and Forecasts to 2028, By Disease Indication (US$ Million).
Table 64. South Korea: Smart Pills Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 65. Australia: Smart Pills Market Revenue and Forecasts to 2028, By Application (US$ Million).
Table 66. Australia: Smart Pills Market Revenue and Forecasts to 2028, By Capsule Endoscopy (US$ Million).
Table 67. Australia: Smart Pills Market Revenue and Forecasts to 2028, By Disease Indication (US$ Million).
Table 68. Australia: Smart Pills Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 69. Rest of Asia Pacific: Smart Pills Market Revenue and Forecasts to 2028, By Application (US$ Million).
Table 70. Rest of Asia Pacific: Smart Pills Market Revenue and Forecasts to 2028, By Capsule Endoscopy (US$ Million).
Table 71. Rest of Asia Pacific: Smart Pills Market Revenue and Forecasts to 2028, By Disease Indication (US$ Million).
Table 72. Rest of Asia Pacific: Smart Pills Market, by End User - Revenue and Forecast to 2028 (US$ Million)
Table 73. Middle East & Africa Smart Pills Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 74. Middle East & Africa Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 75. Middle East & Africa Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
Table 76. Middle East & Africa Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 77. Saudi Arabia Smart Pills Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 78. Application
Table 79. Saudi Arabia Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 80. Capsule Endoscopy
Table 81. Saudi Arabia Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
Table 82. Disease Indication
Table 83. Saudi Arabia Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 84. End User
Table 85. UAE Smart Pills Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 86. UAE Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 87. UAE Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
Table 88. UAE Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 89. South Africa Smart Pills Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 90. South Africa Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 91. South Africa Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
Table 92. South Africa Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 93. Rest of Middle East and Africa Smart Pills Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 94. Application
Table 95. Rest of Middle East and Africa Smart Pills Market, by Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 96. Capsule Endoscopy
Table 97. Rest of Middle East and Africa Smart Pills Market, by Disease Indication - Revenue and Forecast to 2028 (USD Million)
Table 98. Disease Indication
Table 99. Rest of Middle East and Africa Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 100. End User
Table 101. South and Central America Smart Pills Market, By Application- Revenue and Forecast to 2028 (USD Million)
Table 102. South and Central America Smart Pills Market, By Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 103. South and Central America Smart Pills Market, By Disease Indication- Revenue and Forecast to 2028 (USD Million)
Table 104. South and Central America Smart Pills Market, by End User - Revenue and Forecast to 2028 (USD Million)
Table 105. Brazil Smart Pills Market, By Application- Revenue and Forecast to 2028 (USD Million)
Table 106. Brazil Smart Pills Market, By Application- Revenue and Forecast to 2028 (USD Million)
Table 107. Brazil Smart Pills Market, By Disease Indication- Revenue and Forecast to 2028 (USD Million)
Table 108. Brazil Smart Pills Market, By End User - Revenue and Forecast to 2028 (USD Million)
Table 109. Argentina Smart Pills Market, By Application- Revenue and Forecast to 2028 (USD Million)
Table 110. Argentina Smart Pills Market, By Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 111. Argentina Smart Pills Market, By Disease Indication - Revenue and Forecast to 2028 (USD Million)
Table 112. Argentina Smart Pills Market, By End User - Revenue and Forecast to 2028 (USD Million)
Table 113. Rest of South and Central America Smart Pills Market, By Application- Revenue and Forecast to 2028 (USD Million)
Table 114. Rest of South and Central America Smart Pills Market, By Capsule Endoscopy - Revenue and Forecast to 2028 (USD Million)
Table 115. Rest of South and Central America Smart Pills Market, By Disease Indication Revenue and Forecast to 2028 (USD Million)
Table 116. Rest of South and Central America Smart Pills Market, By End User - Revenue and Forecast to 2028 (USD Million)
Table 117. Recent Inorganic Growth Strategies in the Smart Pills Market
Table 118. Recent Organic Growth Strategies in the Smart Pills Market
Table 119. Glossary of Terms, Smart Pills Market
List of Figures
Figure 1. Smart Pills Market Segmentation
Figure 2. Smart Pills Market Segmentation, By Region
Figure 3. Global Smart Pills Market Overview
Figure 4. Capsule Endoscopy Segment Held Largest Share by Application in Smart Pills Market
Figure 5. Asia-Pacific Region Is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. Global Smart Pills Market, By Geography (US$ Million)
Figure 7. Global Smart Pills Market- Leading Country Markets (US$ Million)
Figure 8. Global Smart Pills Market, Industry Landscape
Figure 9. North America: PEST Analysis
Figure 10. Europe: PEST Analysis
Figure 11. Asia Pacific: PEST Analysis
Figure 12. Middle East & Africa: PEST Analysis
Figure 13. South & Central America: PEST Analysis
Figure 14. Smart Pill Market Impact Analysis of Drivers and Restraints
Figure 15. Global Smart Pills Market - Revenue Forecast and Analysis - 2021- 2028
Figure 16. Global Smart Pills Market - By Geography Forecast and Analysis - 2021- 2028.
Figure 17. Market Positioning of Key Players in Global Smart Pills Market
Figure 18. Smart Pills Market, by Application, 2021 & 2028 (%)
Figure 19. Capsule Endoscopy: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 20. Small Bowel Video Capsule Endoscopy: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 21. Colon Capsule Endoscopy: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 22. Controllable Capsule Endoscopy: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 23. Storable Capsule Endoscope: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 24. Other Capsule Endoscopy: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 25. Drug Delivery: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 26. Patient Monitoring: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 27. Smart Pills Market Share by Disease Indication - 2021 & 2028 (%)
Figure 28. Gastrointestinal Diseases: Smart Pills Market Revenue and Forecasts To 2028 (US$ Million)
Figure 29. Neurological Disorders: Smart Pills Market Revenue and Forecasts To 2028 (US$ Million)
Figure 30. Cancer: Smart Pills Market Revenue and Forecasts To 2028 (US$ Million)
Figure 31. Inherited Disorders: Smart Pills Market Revenue and Forecasts To 2028 (US$ Million)
Figure 32. Other Disease Indications: Smart Pills Market Revenue and Forecasts To 2028 (US$ Million)
Figure 33. Smart Pills Market Share by End User - 2021 & 2028 (%)
Figure 34. Hospitals and Clinics: Smart Pills Market Revenue and Forecasts To 2028 (US$ Million)
Figure 35. Research Institutes: Smart Pills Market Revenue and Forecasts To 2028 (US$ Million)
Figure 36. Home Healthcare: Smart Pills Market Revenue and Forecasts To 2028 (US$ Million)
Figure 37. North America: Smart Pills Market, by Key Country - Revenue (2021) (USD Million)
Figure 38. North America Smart Pills Market Revenue and Forecast to 2028 (USD Million)
Figure 39. North America: Smart Pills Market, by Country, 2021 & 2028 (%)
Figure 40. US: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
Figure 41. Canada: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
Figure 42. Mexico: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
Figure 43. Europe: Smart Pills Market, by Key Country - Revenue (2021) (USD Million)
Figure 44. Europe Smart Pills Market Revenue and Forecast to 2028 (USD Million)
Figure 45. Europe: Smart Pills Market, by Country, 2021 & 2028 (%)
Figure 46. Germany: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
Figure 47. UK: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
Figure 48. France: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
Figure 49. Spain: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
Figure 50. Italy: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
Figure 51. Rest of Europe: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
Figure 52. Asia Pacific Smart Pills Market Overview, by Country (2021)
Figure 53. Asia Pacific: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 54. Asia Pacific: Smart Pills Market Revenue and Forecasts to 2028, By Country (%)
Figure 55. Japan: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 56. China: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 57. India: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 58. South Korea: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 59. Australia: Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 60. Rest of Asia Pacific: Smart Pills Market - Revenue and Forecast to 2028 (US$ Million)
Figure 61. Middle East & Africa: Smart Pills Market, by Key Country - Revenue (2021) (USD Million)
Figure 62. Middle East & Africa Smart Pills Market Revenue and Forecast to 2028 (USD Million)
Figure 63. Middle East & Africa: Smart Pills Market Share by Country - 2021 & 2028, (%)
Figure 64. Saudi Arabia: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
Figure 65. UAE: Smart Pills Market - Revenue and Forecast to 2028 (US$ Million)
Figure 66. South Africa: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
Figure 67. Rest of Middle East and Africa: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
Figure 68. South and Central America: Smart Pills Market, By Key Country - Revenue (2021) (USD Million)
Figure 69. South and Central America: Smart Pills Market- Revenue and Forecasts To 2028 (USD Million)
Figure 70. South and Central America: Smart Pills Market Share by Country - 2021 & 2028, (%)
Figure 71. Brazil: Smart Pills Market- Revenue and Forecasts To 2028 (USD Million)
Figure 72. Argentina: Smart Pills Market- Revenue and Forecasts To 2028 (USD Million)
Figure 73. Rest of South and Central America: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
Figure 74. Impact of COVID-19 Pandemic in North American Country Markets
Figure 75. Impact of COVID-19 Pandemic in European Country Markets
Figure 76. Impact of COVID-19 Pandemic in Asia Pacific Countries
Figure 77. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 78. Impact Of COVID-19 Pandemic in South and Central America Country Markets
Figure 79. Growth Strategies in the Smart Pills Market, 2021-2028

Executive Summary

The global Smart Pills market size is projected to reach US$ 9,061.29 million by 2028 from US$ 4,019.30 million in 2021. The global Smart Pills market size is estimated to grow at a CAGR of 12.3% during 2021-2028.

The report highlights trends prevailing in the market and the factors driving it. The Smart Pills market growth is attributed to the increase in strategic collaborations & partnerships on smart pills and rising demand for minimally invasive surgical procedures. However, the high cost of smart pills can hamper the smart pills market growth.

The geriatric population is highly vulnerable to gastrointestinal disorders. Various smart pills are now being analyzed for potential application in therapeutics and diagnosing several acute and chronic diseases. Patients with chronic diseases who follow a specified dose of medication at the target site are forming a large customer base for advanced drug delivery products. The increasing demand for minimally invasive surgical procedures led to innovative techniques, such as capsule endoscopy. Capsule endoscopy is expected to replace traditional endoscopy methods due to its advantages, including ease of administration and detailed observation of the gastrointestinal tract. The capsule endoscopy plays a vital role in the early diagnosis and proper treatment of these disorders, along with hybrid imaging technologies and new component innovations. Moreover, for instance, as per the University of Texas Health Science Center, the deployment of various colorectal cancer screening procedures such as capsule endoscopy improves adherence to screening. The university conducted a study comprising haphazardly assigned patients aged between 50 and 75 years and inferred that capsule endoscopy gives better diagnostic results when compared with CT colonography. Such findings are estimated to boost the segment growth over the forecast period. Furthermore, patients with a maximal requirement for home healthcare services face challenges concerning access and use of smart pills, which resulted in developers and producers increasing the accessibility & usability of these devices, thereby facilitating the interpretation of data more simply. Further, the majority of the industries offer compatible software for collecting data over a longer duration and conveying valuable information about patient health, coupled with suggestions for enhancing their life quality. The provision of being connected to smartphones through Bluetooth and providing data in user-friendly & statistical format is likely to elevate the demand for smart pills soon. In addition, strategic collaborations are vital for the overall growth of the smart pills market, as these collaborations help increase the influence of the players in the market. The players are involved in mergers, acquisitions, joint ventures, and partnerships. Furthermore, the investment levels in the smart pills market are rapidly growing. The rising popularity of smart pills among the global populace attracts several investors. Various companies and investment firms are investing heavily in mergers, acquisitions, and startups. These factors help increase the growth rate of the smart pills market. Additionally, Collaborations agreements between research institutions and companies, licensing agreements & partnerships amongst companies, and augmented R&D investment on smart pills are other factors boosting the market growth. For instance, in January 2021, etectRx, Inc. entered into a partnership agreement with Pear Therapeutics, Inc. to develop two product candidates in the CNS space integrating adherence sensors and PDTs (Prescription Digital Therapeutics). The partnership is the first of its kind in exploring the usage of digital pill solutions with PDTs.

The global smart pills market, based on application, is segmented into capsule endoscopy, drug delivery, and patient monitoring. The capsule endoscopy segment hold the largest share of the market in 2021. However, the drug delivery segment is anticipated to register the highest CAGR in the market during the forecast period of 2021 to 2028. Smart pills with environmental sensors, a feedback algorithm and a drug release mechanism can lead to smart drug delivery systems. Thus, this supportive technologies is resulting in accounting high CAGR during the forecast period. Based on disease indication, the global smart pills market is segmented into gastrointestinal diseases, neurological disorders, cancer, inherited disorders, and other disease indications. In 2021, the gastrointestinal diseases segment hold the largest share of the market. However, cancer segment is expected to witness growth at the fastest CAGR of 12.9% from 2021 to 2028. Based on end user, the smart pills market is segmented into hospitals and clinics, research institutes, and home healthcare. In 2021, the hospitals and clinics segment hold the largest share of the market. Moreover, this segment is also expected to witness growth at the fastest CAGR of 12.9% from 2021 to 2028.

A few of the major primary and secondary sources referred to while preparing the report on the smart Pills market are the National Center for Health Statistics, the Medical Association, Centers for Disease Control and Prevention (CDC), the National Institute of Statistics, Geography, and Informatics, National Health and Medical Research Council, and World Health Organization.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Capsovision, Inc.
  • Given Imaging, Inc.
  • Check-Cap
  • Pentax Medical
  • Olympus
  • Bodycap
  • Otsuka America Pharmaceutical, Inc.
  • Intromedic
  • Jinshan Science & Technology (Group) Co. Ltd.
  • Rf Co. Ltd.

Table Information