A intelligent pill is an ingestible medical device generally available in a capsule sized vitamin pill and which is embedded with a small electronic product or appliances and drugs in it, such as patches, trackers, camera or sensors, sends wireless information about patients health parameters that help in monitoring and better diagnosis. Intelligent pills when swallowed, gets activated and offer non-invasive examination. Intelligent pills have revolutionized the gastrointestinal diagnosis procedure and are likely to replace conventional diagnostic technique to give a potent alternative approach such as gastrointestinal endoscopy.
MARKET DYNAMICS
Intelligent pills Market is driving due to factors such as the innovations in the drug delivery process and increasing need for minimally invasive devices, and increasing demands for non-invasive diagnostic smart pills. However, factor such as risk and complications associated with the high cost related with the ingestible sensors and stringent regulations concerning the increased use of technical devices, lack of knowledge and fear among patients about swallowing a microchip are expected to hamper the market growth.
MARKET SCOPE
The intelligent pills Market analysis to 2028 is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of intelligent pills Market with detailed market segmentation by application, prescription type and end user. The intelligent pills Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in intelligent pills Market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The intelligent pills Market is segmented on the basis of application, prescription type and end user. Based on application, market is segmented as capsule endoscopy, sleeping disorders, reflux monitoring, stress management, mobility monitoring, others. Based on prescription type, market is segmented as prescription smart drugs, nonprescription smart drugs. Based on end user, market is segmented as hospitals, clinics, home care and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the intelligent pills Market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The intelligent pills Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting intelligent pills Market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the intelligent pills Market in these regions.
MARKET PLAYERS
The report covers key developments in the intelligent pills Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as Application and End user launches, Application and End user approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from intelligent pills Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Zaleplon in the global market. Below mentioned is the list of few companies engaged in the intelligent pills Market.
The report also includes the profiles of key players in intelligent pills Market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
-Medtronic, Inc.
-Proteus Digital Health
-CapsoVision, Inc.
-Olympus Corporation
-Medisafe
-Medimetrics and Bio-Images Research
-Given Imaging, Inc.
-Philips Healthcare.
-Boston Scientific Corporation
-GE Healthcare
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