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Synopsis
Smart pills are capsule-sized ingestible medical devices consisting of elements such as sensors, cameras, patches, and trackers that help in better diagnostics, patient monitoring, as well as targeted drug delivery.
The global Smart Pills market size is expected to reach US$ 697.1 million by 2029, growing at a CAGR of 10.0% from 2023 to 2029. The market is mainly driven by the significant applications of Smart Pills in various end use industries. The expanding demands from the Capsule Endoscopy, Drug Delivery and Patient Monitoring,, are propelling Smart Pills market. Esophagus, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Small Intestine segment is estimated at % CAGR for the next seven-year period.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Smart Pills, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Smart Pills market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Smart Pills market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Smart Pills sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Smart Pills covered in this report include Proteus Digital Health, CapsoVision, Medtronic, Olympus Corporations and IntroMedic, etc.
The global Smart Pills market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Global Smart Pills market, by region:
Global Smart Pills market, Segment by Type:
Global Smart Pills market, by Application
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Smart Pills manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Smart Pills in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Smart Pills Market Overview
1.1 Smart Pills Product Overview
1.2 Smart Pills Market Segment by Type
1.2.1 Esophagus
1.2.2 Small Intestine
1.2.3 Large Intestine
1.2.4 Stomach
1.3 Global Smart Pills Market Size by Type
1.3.1 Global Smart Pills Market Size Overview by Type (2018-2029)
1.3.2 Global Smart Pills Historic Market Size Review by Type (2018-2023)
1.3.3 Global Smart Pills Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Smart Pills Sales Breakdown by Type (2018-2023)
1.4.2 Europe Smart Pills Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Smart Pills Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Smart Pills Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Smart Pills Sales Breakdown by Type (2018-2023)
2 Global Smart Pills Market Competition by Company
2.1 Global Top Players by Smart Pills Sales (2018-2023)
2.2 Global Top Players by Smart Pills Revenue (2018-2023)
2.3 Global Top Players by Smart Pills Price (2018-2023)
2.4 Global Top Manufacturers Smart Pills Manufacturing Base Distribution, Sales Area, Product Type
2.5 Smart Pills Market Competitive Situation and Trends
2.5.1 Smart Pills Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Smart Pills Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Smart Pills as of 2022)
2.7 Date of Key Manufacturers Enter into Smart Pills Market
2.8 Key Manufacturers Smart Pills Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Smart Pills Status and Outlook by Region
3.1 Global Smart Pills Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Smart Pills Historic Market Size by Region
3.2.1 Global Smart Pills Sales in Volume by Region (2018-2023)
3.2.2 Global Smart Pills Sales in Value by Region (2018-2023)
3.2.3 Global Smart Pills Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Smart Pills Forecasted Market Size by Region
3.3.1 Global Smart Pills Sales in Volume by Region (2024-2029)
3.3.2 Global Smart Pills Sales in Value by Region (2024-2029)
3.3.3 Global Smart Pills Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Smart Pills by Application
4.1 Smart Pills Market Segment by Application
4.1.1 Capsule Endoscopy
4.1.2 Drug Delivery
4.1.3 Patient Monitoring
4.2 Global Smart Pills Market Size by Application
4.2.1 Global Smart Pills Market Size Overview by Application (2018-2029)
4.2.2 Global Smart Pills Historic Market Size Review by Application (2018-2023)
4.2.3 Global Smart Pills Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Smart Pills Sales Breakdown by Application (2018-2023)
4.3.2 Europe Smart Pills Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Smart Pills Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Smart Pills Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Smart Pills Sales Breakdown by Application (2018-2023)
5 North America Smart Pills by Country
5.1 North America Smart Pills Historic Market Size by Country
5.1.1 North America Smart Pills Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Smart Pills Sales in Volume by Country (2018-2023)
5.1.3 North America Smart Pills Sales in Value by Country (2018-2023)
5.2 North America Smart Pills Forecasted Market Size by Country
5.2.1 North America Smart Pills Sales in Volume by Country (2024-2029)
5.2.2 North America Smart Pills Sales in Value by Country (2024-2029)
6 Europe Smart Pills by Country
6.1 Europe Smart Pills Historic Market Size by Country
6.1.1 Europe Smart Pills Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Smart Pills Sales in Volume by Country (2018-2023)
6.1.3 Europe Smart Pills Sales in Value by Country (2018-2023)
6.2 Europe Smart Pills Forecasted Market Size by Country
6.2.1 Europe Smart Pills Sales in Volume by Country (2024-2029)
6.2.2 Europe Smart Pills Sales in Value by Country (2024-2029)
7 Asia-Pacific Smart Pills by Region
7.1 Asia-Pacific Smart Pills Historic Market Size by Region
7.1.1 Asia-Pacific Smart Pills Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Smart Pills Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Smart Pills Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Smart Pills Forecasted Market Size by Region
7.2.1 Asia-Pacific Smart Pills Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Smart Pills Sales in Value by Region (2024-2029)
8 Latin America Smart Pills by Country
8.1 Latin America Smart Pills Historic Market Size by Country
8.1.1 Latin America Smart Pills Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Smart Pills Sales in Volume by Country (2018-2023)
8.1.3 Latin America Smart Pills Sales in Value by Country (2018-2023)
8.2 Latin America Smart Pills Forecasted Market Size by Country
8.2.1 Latin America Smart Pills Sales in Volume by Country (2024-2029)
8.2.2 Latin America Smart Pills Sales in Value by Country (2024-2029)
9 Middle East and Africa Smart Pills by Country
9.1 Middle East and Africa Smart Pills Historic Market Size by Country
9.1.1 Middle East and Africa Smart Pills Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Smart Pills Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Smart Pills Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Smart Pills Forecasted Market Size by Country
9.2.1 Middle East and Africa Smart Pills Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Smart Pills Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Proteus Digital Health
10.1.1 Proteus Digital Health Company Information
10.1.2 Proteus Digital Health Introduction and Business Overview
10.1.3 Proteus Digital Health Smart Pills Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Proteus Digital Health Smart Pills Products Offered
10.1.5 Proteus Digital Health Recent Development
10.2 CapsoVision
10.2.1 CapsoVision Company Information
10.2.2 CapsoVision Introduction and Business Overview
10.2.3 CapsoVision Smart Pills Sales, Revenue and Gross Margin (2018-2023)
10.2.4 CapsoVision Smart Pills Products Offered
10.2.5 CapsoVision Recent Development
10.3 Medtronic
10.3.1 Medtronic Company Information
10.3.2 Medtronic Introduction and Business Overview
10.3.3 Medtronic Smart Pills Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Medtronic Smart Pills Products Offered
10.3.5 Medtronic Recent Development
10.4 Olympus Corporations
10.4.1 Olympus Corporations Company Information
10.4.2 Olympus Corporations Introduction and Business Overview
10.4.3 Olympus Corporations Smart Pills Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Olympus Corporations Smart Pills Products Offered
10.4.5 Olympus Corporations Recent Development
10.5 IntroMedic
10.5.1 IntroMedic Company Information
10.5.2 IntroMedic Introduction and Business Overview
10.5.3 IntroMedic Smart Pills Sales, Revenue and Gross Margin (2018-2023)
10.5.4 IntroMedic Smart Pills Products Offered
10.5.5 IntroMedic Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Smart Pills Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Smart Pills Industrial Chain Analysis
11.4 Smart Pills Market Dynamics
11.4.1 Smart Pills Industry Trends
11.4.2 Smart Pills Market Drivers
11.4.3 Smart Pills Market Challenges
11.4.4 Smart Pills Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Smart Pills Distributors
12.3 Smart Pills Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research