Smart Pills Market

Smart Pills Market - Global Industry Insights, Trends,
Size, Share, Outlook, and Opportunity Analysis, 20182026
Smart pills can be used to monitor the drug adherence, temperature and some other parameters
in the patients. Smart pills are ingestible medical devices that can be taken orally to examine
the gastrointestinal tract (GI).The advanced technology of smart pills helps in monitoring of
patients, disease diagnosis, and help to improve the drug delivery. This might help physicians
to monitor the patient’s conditions, and to check the timely routine of patient’s medication.
The smart pills may alert about the expiry date of medicines, drug completion course and
prevent from adverse events. These are expected to replace conventional diagnostic techniques
such as endoscopy and colonoscopy. The need for convenient, and accurate treatment strategies
has generated the interest in the research of smart pills.
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The increasing number of gastro-intestinal diseased population to drive the smart pills market
Increasing geriatric population creates a large target group for smart pills manufacturers. This
demographic group is highly susceptible to Inflammatory Bowel Disease (IBD). The market has
wide scope in the monitoring and diagnosis of the diseases. According to World Health
organization (WHO) 50% of people forget to take pills or take wrong medication which will be
dangerous for their health, the new smart pills technology is helping in monitoring this
conditions. According to Center for Disease Control and Prevention (CDC), around 1 million
people suffered from IBD in the U.S. in 2015. The changing lifestyles, low intake of fibers in
the food, stress, food intolerance and allergies are causing the increasing number of
gastrointestinal diseases. To cure this disease, conventional methods do not provide accurate
results. Need for accurate diagnosis and monitoring for this diseases are some of the major
factors driving the smart pills market.
Though the adaptability in the patients and to customize the product according to consumer
needs will be some of the causes which might slowdown the smart pills market.
The global smart pills market is segmented on the basis of applications, disease indication and
geography
On the basis of application,
• Capsule Endoscopy
• Small-bowl Video Capsule Endoscopy
• Colon Capsule Endoscopy
• OMOM Capsule Endoscopy
• Small Bowel Capsule Endoscopy
• Controllable Capsule Endoscopy
• Storable Capsule Endoscope
• Colon Capsule Endoscope
• pH Capsule Wireless Monitoring System
• Impedance-pH Monitoring System
• MiroCam
• Upgraded MiroCam
• Advanced Capsule Endoscope
• Others
On the basis of disease indications,
• Occult GI Bleeding
• Crohn’s Disease
• Small Bowel Tumors
• Celiac Disease
Inherited Polyposis Syndromes
Report includes chapters which deeply display the following deliverable about industry :
• Smart Pills Market Research Objective and Assumption
• Smart Pills Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Smart Pills Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory
Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain
Analysis, Porter’s Analysis, and PEST Analysis
• Global Smart Pills Market, By Regions
• Smart Pills Market Competition by Manufacturers including Production, Share, Revenue,
Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Smart Pills Market Manufacturers Profiles/Analysis including Company Basic Information,
Manufacturing Base and Its Competitors.
• Smart Pills Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Smart Pills Market Forecast including Production, Consumption, Import and Export Forecast by
Type, Applications and Region.
• Research Findings and Conclusion
The increasing healthcare awareness and early adoption to novel technologies driving the smart
pills market in Europe
Regional segmentation of smart pills market by Coherent Market Insights comprises North
America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America and
Europe collectively dominate the market. The adoption of these regions for novel technologies
which is essential for the smart pills market, new marketing and commercialization strategies,
large patient population are some of the causes driving this market in North America and
Europe. The Asia Pacific region is one of the growing market however, increasing healthcare
awareness, training in endoscope handling, growing predominance of colon cancer and intestinal
infections, and major corporate investments in research and development in Japan and other
Asian countries would help boost the smart pills market.
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The development of novel technologies and partnership between companies helping to boost
growth in the smart pills market
The key players operating the smart pills market globally are Boston Scientific Corporation,
Olympus Medical Technology, Smart Pill Inc, Medtronic, Philips Healthcare, Given Imaging Ltd
and Novartis, Siemens Healthcare, Pentax Medical Company, GE Healthcare, Stryker
Corporation.
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Smart pills can be used to monitor the drug adherence, temperature and some other parameters in the patients.

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