The global Smart Pills market was valued at US$ 364.4 million in 2022 and is projected to reach US$ 690 million by 2030, at a CAGR of 9.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Smart Pills, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Smart Pills. This report contains market size and forecasts of Smart Pills in global, including the following market information:
- Global Smart Pills Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global Smart Pills Market Sales, 2018-2023, 2024-2030, (K Units)
- Global top five Smart Pills companies in 2022 (%)
They are majorly available in the form of a vitamin capsule sized pill and possess small wearable sensor patch, an application on a mobile device, and a provider portal. Once swallowed, it gets activated in the gut; the sensors provide information about patient?s health parameters and the effectiveness of medication treatment leading to more informed healthcare decisions and optimized therapies.
We surveyed the Smart Pills manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Smart Pills Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Smart Pills Market Segment Percentages, by Type, 2022 (%)
- Esophagus
- Small Intestine
- Large Intestine
- Stomach
Global Smart Pills Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Smart Pills Market Segment Percentages, by Application, 2022 (%)
- Capsule Endoscopy
- Drug Delivery
- Patient Monitoring
Global Smart Pills Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Smart Pills Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Smart Pills revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Smart Pills revenues share in global market, 2022 (%)
- Key companies Smart Pills sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Smart Pills sales share in global market, 2022 (%)
key players include:
- Proteus Digital Health
- CapsoVision
- Medtronic
- Olympus Corporations
- IntroMedic
Outline of Major Chapters:
Chapter 1: Introduces the definition of Smart Pills, market overview.
Chapter 2: Global Smart Pills market size in revenue and volume.
Chapter 3: Detailed analysis of Smart Pills manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Smart Pills in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Smart Pills capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.