Smart Pills Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

The Smart Pills Market size is expected to grow at an annual average of 13% during 2021-2027. A smart pill is a capsule-sized ingestible medical device composed of elements such as sensors, cameras, patches and trackers that aid in better diagnosis, patient monitoring and targeted drug delivery. They are mainly available in vitamin capsule-sized pill form and feature small wearable sensor patches, applications on mobile devices, and provider portals. It is activated in the intestine when swallowed. Sensors provide information about a patient’s health parameters and the effectiveness of medications, providing more informed health care decisions and optimized treatment. Besides, smart pills have revolutionized the field of gastrointestinal diagnostics.

The following segmentation are covered in this report:

By End User

• Hospital
• Diagnostic Center
• Research Institute

By Application

• Capsule Endoscopy
• Drug Delivery
• Patient Monitoring

By Target Area

• Esophagus
• Small Intestine
• Large Intestine
• Stomach

Company Profile

• CapsoVision, Inc.
• Given Imaging, Inc.
• Medimetrics S.A. de C.V.
• Olympus Corporation
• Bio-Images Research Limited
• Medtronic
• Proteus digital Health
• MediSafe

Scope of the report

The research study analyses the Smart Pills Market 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

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Smart Pills Market Report

• What was the Smart Pills Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027)
• What will be the CAGR of Market during the forecast period (2021-2027)?
• 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).
• Which manufacturer/vendor/players in the Smart Pills Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.