Global Smart Pills Technology Industry By Disease Indications (Occult GI Bleeding, Crohn’s Disease, Small Bowel Tumors, Celiac Disease), and By Technology (Capsule Endoscopy, Patient Monitoring, Drug Delivery)-Global Size Analysis and Market Forecast 2019-2025

Global Smart Pills Technology Industry was valued at USD 2.6 Billion in the year 2017. Global Smart Pills Technology Industry is further estimated to grow at a CAGR of 21% from 2019 to reach USD 12.02 Billion by the year 2025. The smart pill is a wireless capsule that can be swallowed, and with the help of a receiver (worn by patients) and software that analyzes the pictures captured by the smart pill, the physician is effectively able to examine the gastrointestinal tract.

The global Smart Pills Technology Industry is segmented on the basis of technology, disease indication and by region. On the basis of technology, the Industry is segmented Capsule Endoscopy, Patient Monitoring and Drug Delivery of which Capsule Endoscopy segment is expected to hold the highest Industry share during the forecast period and are expected to grow with highest CAGR. On the basis of Disease Indications, the Industry is segmented as Occult GI Bleeding, Crohn’s Disease, Small Bowel Tumors, Celiac Disease, Inherited Polyposis Syndromes and Others in which Occult GI Bleeding segment holds the highest Industry share in the forecasted period.

SWOT Analysis of Smart Pills Technology Industry:
Strength:
Increasing Preference for Minimally Invasive Device.
Technological Advancements in Capsule Endoscopes.
Rise in Incidences of Colon Cancer.
Weakness:
Technological Incompetence of Capsule Endoscopes.
Ethical Constraints.
Opportunities:
Need for Rapid Drug Development Process.
Threats:
Potential Health Risks.
Increasing Cost with Technological Advancement.

Given Imaging Inc., Olympus Corporation, CapsoVision Inc., Bio-Images Research Ltd., Boston Scientific Corp., Ge Healthcare, Novartis AG and other 10 more companies’ detailed information is provided in the report. Rising research and development expenses to address the changing demand of end users. Similarly, growth strategies such as acquisition, merger, and expansion of the distribution network were few techniques adopted by most of the top players in the last 5 years.

Smart Pills Technology Industry Segmentation:
By Disease Indications
• Occult GI Bleeding
• Crohn’s Disease
• Small Bowel Tumors
• Celiac Disease
• Inherited Polyposis Syndromes
• Others

By Technology
• Capsule Endoscopy
o Small Bowel Video Capsule Endoscopy
o Colon Capsule Endoscopy
• Patient Monitoring
• Drug Delivery

By Region
• North America
o USA
o Canada
• Europe
o Germany
o U.K.
o France
o Italy
o Rest of Europe
• APAC
o China
o India
o Japan
o Rest of Asia-Pacific
• RoW
o Latin America
o Middle East & Africa

Geography Analysis:

The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

• North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
• Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
• Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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