As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

Global Smart Pills Market: By Disease Indication: Oesophageal Diseases, Colon Diseases, Small Bowel Diseases, Others; By Target Area; By Application; By End Use; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Value Chain Analysis; Competitive Landscape; Industry Events and Developments

Global Smart Pills Market Outlook

The global smart pills market is expected to grow at a CAGR of 13% in the forecast period of 2021-2026 to reach a value of around USD 3.2 billion by 2026.

 

North America Leading the Global Market for Smart Pills

North America is one of the leading markets in the world and is expected to grow significantly during the forecast period. The demand for smart pills in North America is mainly driven by a growing geriatric population, rising disease complexity, strong healthcare infrastructure, the involvement of key companies, and an increasing trend towards the adoption of new technologies in the healthcare sector in the region. Europe also held a significant market share in 2020, which is expected to increase during the forecast period due to the robust medical infrastructure and high diagnostic and care rates in Western Europe and technological advancements.

The Asia Pacific region is also expected to witness a robust growth in the coming years. Factors that contribute to the growth of the smart pills industry in the Asia Pacific include the large population base, the presence of small companies in China and Japan, the rise in people's disposable incomes, technological development, and an increasing trend in research in academic organisations in the area.

 

Smart Pills: Industry Definition and Segmentation

Smart pills, variously known as digital pills, are drugs administered to patients who are fitted with edible electronic sensors that transmit wireless signals to devices, such as patches, tablets, or smartphones, outside the body when they are swallowed.

The disease indications considered in the market can be divided into the following:

  • Oesophageal Diseases
  • Colon Diseases
  • Small Bowel Diseases
  • Others

The target area can be segmented as follows:

  • Large Intestine 
  • Small Intestine
  • Stomach 
  • Oesophagus
  • Others

Smart pills find wide applications in the following segments:

  • Capsule Endoscopy 
  • Patient Monitoring
  • Drug Delivery 
  • Others

The end-uses for the product include:

  • Diagnostic Centres
  • Hospitals
  • Research Institutes
  • Others

The regional markets for smart pills can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Rising Health Disorders Bolstering the Market Growth of Smart Pills

The rise in the number of people suffering from gastrointestinal disorders would have a positive effect on the growth of the market over the projected period. Gastrointestinal, pancreatic, and liver disorders are a key source of substantial mortality, morbidity, and stress on the healthcare system throughout the globe. The high prevalence of liver and gastrointestinal diseases has led to a significant amount of pressure on the healthcare system, boosting the market growth. Other factors driving the growth of the market include the rising population, growing disposable incomes, and the growing medical sector.

 

Key Industry Players in the Global Smart Pills Market

The report gives a detailed analysis of the following key players in the global smart pills market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • CapsoVision, Inc.
  • Olympus Corporation
  • Medtronic Plc
  • Koninklijke Philips N.V.
  • Proteus Digital Health, Inc.
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Smart Pills Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Smart Pills Historical Market (2016-2020) 
    8.3    Global Smart Pills Market Forecast (2021-2026)
    8.4    Global Smart Pills Market by Disease Indication
        8.4.1    Oesophageal Diseases
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Colon Diseases
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
        8.4.3    Small Bowel Diseases
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2016-2020)
            8.4.3.3    Forecast Trend (2021-2026)
        8.4.4    Others
    8.5    Global Smart Pills Market by Target Area
        8.5.1    Large Intestine 
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Small Intestine
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Stomach 
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
        8.5.4    Oesophagus
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2016-2020)
            8.5.4.3    Forecast Trend (2021-2026)
        8.5.5    Others
    8.6    Global Smart Pills Market by Application
        8.6.1    Capsule Endoscopy 
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Patient Monitoring
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Drug Delivery 
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Others
    8.7    Global Smart Pills Market by End Use
        8.7.1    Diagnostic Centres
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    Hospitals
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    Research Institutes
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
        8.7.4    Others
    8.8    Global Smart Pills Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    CapsoVision, Inc.
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Olympus Corporation
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Medtronic Plc
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Koninklijke Philips N.V.
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Proteus Digital Health, Inc. 
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
13    Industry Events and Developments

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operations Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location, and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Raw Materials
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investments

 

List of Figures and Tables

1.    Global Smart Pills Market: Key Industry Highlights, 2016 and 2026
2.    Global Smart Pills Historical Market: Breakup by Disease Indication (USD Million), 2016-2020
3.    Global Smart Pills Market Forecast: Breakup by Disease Indication (USD Million), 2021-2026
4.    Global Smart Pills Historical Market: Breakup by Target Area (USD Million), 2016-2020
5.    Global Smart Pills Market Forecast: Breakup by Target Area (USD Million), 2021-2026
6.    Global Smart Pills Historical Market: Breakup by Application (USD Million), 2016-2020
7.    Global Smart Pills Market Forecast: Breakup by Application (USD Million), 2021-2026
8.    Global Smart Pills Historical Market: Breakup by End Use (USD Million), 2016-2020
9.    Global Smart Pills Market Forecast: Breakup by End Use (USD Million), 2021-2026
10.    Global Smart Pills Historical Market: Breakup by Region (USD Million), 2016-2020
11.    Global Smart Pills Market Forecast: Breakup by Region (USD Million), 2021-2026
12.    North America Smart Pills Historical Market: Breakup by Country (USD Million), 2016-2020
13.    North America Smart Pills Market Forecast: Breakup by Country (USD Million), 2021-2026
14.    Europe Smart Pills Historical Market: Breakup by Country (USD Million), 2016-2020
15.    Europe Smart Pills Market Forecast: Breakup by Country (USD Million), 2021-2026
16.    Asia Pacific Smart Pills Historical Market: Breakup by Country (USD Million), 2016-2020
17.    Asia Pacific Smart Pills Market Forecast: Breakup by Country (USD Million), 2021-2026
18.    Latin America Smart Pills Historical Market: Breakup by Country (USD Million), 2016-2020.
19.    Latin America Smart Pills Market Forecast: Breakup by Country (USD Million), 2021-2026
20.    Middle East and Africa Smart Pills Historical Market: Breakup by Country (USD Million), 2016-2020
21.    Middle East and Africa Smart Pills Market Forecast: Breakup by Country (USD Million), 2021-2026
22.    Global Smart Pills Market Structure

Key Questions Answered in the Report

The global smart pills market is projected to grow at a CAGR of 13% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach about USD 3.2 billion by 2026.

The growth of the market is being driven by factors like rising population, growing disposable incomes, growing number of people suffering from gastrointestinal disorders, technological advancements, rising geriatric population, increasing disease complexity, and the thriving healthcare sector.

The rising cases of health disorders and growing investments into the healthcare sector are the key industry trends driving the market growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading disease indications in the market are oesophageal diseases, colon diseases, and small bowel diseases, among others.

The major target areas of smart pills in the industry are large intestine, small intestine, stomach, and oesophagus, among others.

The significant application segments in the market are capsule endoscopy, patient monitoring, and drug delivery, among others.

The leading end use sectors in the industry are diagnostic centres, hospitals, and research institutes, among others.

The major players in the industry are CapsoVision, Inc., Olympus Corporation, Medtronic Plc, Koninklijke Philips N.V., and Proteus Digital Health, Inc., among others.

Analyst Review

The global smart pills market is being driven by the growing geriatric population. Aided by the increasing technological advancements, the market is expected to witness a robust growth in the forecast period of 2021-2026, growing at a CAGR of 13%. The market is projected to reach USD 3.2 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on disease indication, the market is segmented into oesophageal diseases, colon diseases, and small bowel diseases, among others. On the basis of target area, the industry is divided into large intestine, small intestine, stomach, and oesophagus, among others. By application, the market is categorised into capsule endoscopy, patient monitoring, and drug delivery, among others. By end use, the industry is segmented into diagnostic centres, hospitals, and research institutes, among others. The major regional markets for smart pills are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include CapsoVision, Inc., Olympus Corporation, Medtronic Plc, Koninklijke Philips N.V., and Proteus Digital Health, Inc., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

Purchase Full Report

Mini Report

$ 1999     $1499
  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Single User License

$ 3199     $2799
  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Five User License

$ 4199     $3799
  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Corporate License

$ 5199     $4799
  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • Free Update in 180 Days

Any Question? Speak With An Analyst

Contact Analyst

View A Sample

Request Sample

Did You Miss Anything, Ask Now

Request Customisation
Why Expert Market Research?

RIGHT PEOPLE

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

RIGHT METHODOLOGY

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

RIGHT PRICE

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

RIGHT SUPPORT

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Global Precision Medicine Market Report and Forecast 2021-2026


Global Empty Capsules Market Report and Forecast 2020-2026


Global Human Insulin Market Report and Forecast 2021-2026


Global Gastrointestinal Stromal Tumor Market Report and Forecast 2021-2026


NEWSLETTER