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Global Smart Pills Market Analysis 2015-2025: FDA Approvals and CE Mark for Smart Pills Driving Growth - ResearchAndMarkets.comThe "Smart Pills Market Analysis By Application (Products [Capsule Endoscopy, Drug Delivery], Tools, and Patient Monitoring Software), By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa), And Segment Forecasts, 2014-2025 " report has been added to ResearchAndMarkets.com's offering. The global smart pills market is expected to reach USD 3.0 billion by 2025 at a CAGR of 15.5% during the forecast period Increase in prevalence of diseases such as colorectal cancer and gastrointestinal disorders, expansion in geographical reach of major players, rising cancer screening awareness programs, and expeditious FDA approvals are prime factors that are expected to drive market growth over the forecast period. Smart pills have transformed the landscape of small bowel, colon, and gastrointestinal endoscopy by providing a non-invasive and accurate method for visualizing distal duodenum, jejunum, small bowel, colon, gastrointestinal, and ileum.Smart pills are mostly used for screening and treatment of diseases such as colorectal cancer, gastroparesis, gastric ulcers, and gastroesophageal disorders. Consumers of smart pills mostly include geriatric population, immobile patients, and patients with paralysis. Considering the steady rise in geriatric population around the globe, the demand for advanced medical devices will also increase as they offer a degree of convenience to patients. Established players in this market are enhancing their portfolio by upgrading existing devices. On the other hand, new players are focused on capturing emerging economies with breakthrough products that are both advanced and affordable. Commercially available smart pills include PillCam Capsule, ABILIFY MYCITE, CapsoCam, and Olympus Endocapsule Key players in the smart pills market include Medtronic, Olympus Corporation, Proteus (News - Alert) digital Health, MediSafe, and CapsoVision Key Topics Covered: Chapter 1 Executive Summary Chapter 2 Research Methodology Chapter 3 Smart Pills Market Variables, Trends, & Scope Chapter 4 Smart Pills Market: Application Estimates & Trend Analysis Chapter 5 Smart Pills Market: Regional Estimates & Trend Analysis, by Diseases Chapter 6 Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/p8kvvq/global_smart?w=4 View source version on businesswire.com: http://www.businesswire.com/news/home/20180125005749/en/ |
