Market Overview

Smart Pills Technology: $627 Million Global Market Opportunities to 2020 - ResearchAndMarkets.com

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The "World
Smart Pills Technology Market - Opportunities and Forecasts, 2014 - 2020"

report has been added to ResearchAndMarkets.com's
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According to the report, the world smart pills technology market will
reach $627.1 million by 2020, registering a CAGR of 21.2% during
2015-2020.

GI monitoring technology is forecast as the fastest growing segment,
expected to register a CAGR of 42% during the forecast period. This
growth is primarily supplemented by the growing popularity of smart
pills in the monitoring of motility disorders.

Non-invasiveness, patient convenience and real time monitoring offered
by smart pills boost their adoption in the treatment of numerous
diseases. The growth of global smart pills technology market is
supplemented by the growing adoption of capsule endoscopy, spurring
demand for smart pills in GI monitoring and the rising prevalence of
gastrointestinal diseases.

However, factors such as high costs, limited technical know-how and low
acceptance among patients (fear of ingesting electronic devices) are
likely to restrain the growth of the market.

Gastrointestinal diagnosis accounted for the highest revenue with about
84% of market share. The growth of this segment is primarily
supplemented by the increasing incidences of obscure gastrointestinal
bleeding and small bowel tumours, popularity of capsule endoscopy
techniques and the availability of varied capsule endoscopy products.

North America accounted for about 3/5th of the market revenue in 2014,
highest amongst all. The growth in this region is primarily attributed
to the early adoption of novel technologies, a large patient population,
high disposable incomes and the frequent commercialization of smart pill
products.

The leading players in the market are adopting acquisition and
collaborations as key developmental strategies.

Key Topics Covered

Chapter 1 Introduction

Chapter 2 Executive Summary

Chapter 3 Market Overview

Chapter 4 Global Smart Pills Technology Market, by Technology

Chapter 5 Global Smart Pills Technology Market, by Application

Chapter 6 Global Smart Pills Technology Market, by Geography

Chapter 7 Company Profiles

  • CapsoVision Inc.
  • Chongqing Jinshan Science & Technology Group Co.
  • Given Imaging Inc.
  • IntroMedic Co.
  • Olympus Corporation
  • Proteus Digital Health Inc.

For more information about this report visit https://www.researchandmarkets.com/research/hhqv4m/smart_pills?w=4

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