Smart Pills Market Size
Medical Equipment

Top 5 Insights From The Smart Pills Market Report 2023

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

According to The Business Research Company’s Smart Pills Global Market Report 2023, the smart pills market is expected to show promising growth in the forecast period.

Five Key insights from the forecast include:

  1. Market Size The global smart pills market size is expected to grow from $4.48 billion in 2022 to $4.98 billion in 2023 at a compound annual growth rate (CAGR) of 11.2%. The global smart pills market size is expected to grow to $7.61 billion in 2027 at a CAGR of 11.2%.
  2. Major Driver – The growing preference for non-invasive procedures is driving the smart pills market.
  3. Key Trend Extensive research and development are being carried out on the use of miniature chips such as Addressable Transmitters Operated as Magnetic Spins (ATOMS) which can be used as smart pills. ATOMS are silicon chip devices that use the principle of magnetic resonance imaging (MRI) to determine the location of atoms in a patient’s body using magnetic fields.
  4. Largest Region North America was the largest region in the smart pills market in 2022.
  5. Major Players Major players in the smart pills market are Medtronic PLC., Olympus Medical Technology, CapsoVision, Inc., Novartis AG, Proteus Pharmaceuticals, Philips Healthcare.

View More On The Smart Pills Market Report 2023 – https://www.thebusinessresearchcompany.com/report/smart-pills-global-market-report

Key Smart Pills Market Segments
The global smart pills market is segmented –
1) By Application: Capsule Endoscopy, Patient Monitoring, Drug Delivery
2) By End User: Hospital, Diagnostic Center, Research Institute
3) By Target Area: Esophagus, Stomach, Small Intestine, Large Intestine
4) By Disease Indication: Esophageal Diseases, Colon Diseases, Small bowel Diseases, and Other Disease Indications

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Smart pills are used to deliver medication and are equipped with electronic sensors that emit signals to be captured by patches or smartphones when they are swallowed. These pills ensure drug regimen compliance and help track medication adherence of patients.

The Smart Pills Global Market Report 2023  offers a comprehensive overview on the smart pills market size, growth rate, trends and drivers, opportunities, strategies, and competitor landscape. The countries covered in the smart pills market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The Table Of Content For The Smart Pills Market Include:
1. Smart Pills Market Executive Summary
2. Smart Pills Market Segments
3. Smart Pills Market Size And Smart Pills Market Growth Rate
4. Key Smart Pills Market Trends
5. Major Smart Pills Market Drivers
……
25. Key Mergers And Acquisitions In The Smart Pills Market
26. Top Smart Pills Companies
27. Smart Pills Market Opportunities And Strategies
28. Smart Pills Market, Conclusions And Recommendations
29. Appendix

View More Related Reports –
Smart Healthcare Products Global Market Report 2023
Smart Insulin Pens Global Market Report 2023
Insulin Drugs Global Market Report 2023

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