With the slowdown in world economic growth, the Smart Pills industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Smart Pills market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2018, Stratagem Market Insights analysts believe that in the next few years, Smart Pills market size will be further expanded, we expect that by 2023, The market size of the Smart Pills will reach XXX million $.
Smart pills are miniature electronic devices that are shaped and designed in the mold of pharmaceutical capsules. These pills are used for sensing, imaging, and drug delivery.
Increasing prevalence of gastrointestinal diseases is expected to propel growth of the global smart pills market over the forecast period. For instance, according to the study, ‘Worldwide incidence and prevalence of inflammatory bowel disease in the 21st century: a systematic review of population-based studies’, published in the journal Lancet in 2018, the prevalence of Crohn's disease in Germany was 22 per 100,000 and 319 per 100,000 in Canada. Moreover, several benefits of smart pills are also expected to aid in growth of the market. For instance, according to a paper in the November 2019 issue of the Journal of Managed Care & Specialty Pharmacy, AdhereTech’s smart pill bottle platform improved adherence and patient satisfaction among a small sample of multiple myeloma patients.
The Covid-19 outbreak is expected to boost demand for digital medicine, thereby offering lucrative growth opportunities for players in the global smart pills market. For instance, in May 2020, Proteus Digital Health, Inc. announced a multi-year, outcomes-based initiative with the state of Tennessee’s Medicaid program, TennCare, in order to support TennCare-covered patients undergoing Hepatitis C treatment to achieve a cure through improved medication adherence and stronger connections to their care teams.
However, several players in the market are failing to attract investors. For instance, in June 2020, Proteus Digital Health, Inc. filed for bankruptcy protection. In 2019, Proteus Digital Health, Inc. faced cash crunch and the company furloughed the majority of its employees for about two weeks in November 2019. Such scenario is expected to hinder growth of the global smart pills market.
Key Takeaways
- Increasing adoption of smart pills to augment growth of the global smart pills market over the forecast period. For instance, in January 2020, New University of Colorado adopted etectRx, Inc.’s ID-Cap System in a clinical study of 180 patients to create a reliable record of adherence for over 20,000 doses of HIV medication.
- Major players in the market are focused on approval and launch of new products to expand their product portfolio. For instance, in December 2019, etectRx, Inc. received the U.S. Food and Drug Administration (FDA) approval for its breakthrough patented ingestible event marker, the ID-Cap System.
- Major players operating the global smart pills market include, Boston Scientific Corporation, Olympus Medical Technology, Proteus Digital Health, Inc., HQ Inc., Smart Pill Inc., Medtronic plc, Philips Healthcare, Given Imaging Ltd., etectRx, Inc., Novartis, Siemens Healthcare, Pentax Medical Company, GE Healthcare, and Stryker Corporation.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers.
Section 1: Definition
Section (2 3): Manufacturer Detail
Proteus Digital Health
CapsoVision
Medtronic
Olympus Corporations
IntroMedic
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Esophagus
Small Intestine
Large Intestine
Stomach
Industry Segmentation
Capsule Endoscopy
Drug Delivery
Patient Monitoring
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2018-2023)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
Table of Contents
Section 1 Smart Pills Product Definition
Section 2 Global Smart Pills Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Smart Pills Shipments
2.2 Global Manufacturer Smart Pills Business Revenue
2.3 Global Smart Pills Market Overview
Section 3 Manufacturer Smart Pills Business Introduction
3.1 Proteus Digital Health Smart Pills Business Introduction
3.1.1 Proteus Digital Health Smart Pills Shipments, Price, Revenue and Gross profit 2014-2018
3.1.2 Proteus Digital Health Smart Pills Business Distribution by Region
3.1.3 Proteus Digital Health Interview Record
3.1.4 Proteus Digital Health Smart Pills Business Profile
3.1.5 Proteus Digital Health Smart Pills Product Specification
3.2 CapsoVision Smart Pills Business Introduction
3.2.1 CapsoVision Smart Pills Shipments, Price, Revenue and Gross profit 2014-2018
3.2.2 CapsoVision Smart Pills Business Distribution by Region
3.2.3 Interview Record
3.2.4 CapsoVision Smart Pills Business Overview
3.2.5 CapsoVision Smart Pills Product Specification
3.3 Medtronic Smart Pills Business Introduction
3.3.1 Medtronic Smart Pills Shipments, Price, Revenue and Gross profit 2014-2018
3.3.2 Medtronic Smart Pills Business Distribution by Region
3.3.3 Interview Record
3.3.4 Medtronic Smart Pills Business Overview
3.3.5 Medtronic Smart Pills Product Specification
3.4 Olympus Corporations Smart Pills Business Introduction
3.5 IntroMedic Smart Pills Business Introduction
…
Section 4 Global Smart Pills Market Segmentation (Region Level)
4.1 North America Country
4.1.1 United States Smart Pills Market Size and Price Analysis 2014-2018
4.1.2 Canada Smart Pills Market Size and Price Analysis 2014-2018
4.2 South America Country
4.2.1 South America Smart Pills Market Size and Price Analysis 2014-2018
4.3 Asia Country
4.3.1 China Smart Pills Market Size and Price Analysis 2014-2018
4.3.2 Japan Smart Pills Market Size and Price Analysis 2014-2018
4.3.3 India Smart Pills Market Size and Price Analysis 2014-2018
4.3.4 Korea Smart Pills Market Size and Price Analysis 2014-2018
4.4 Europe Country
4.4.1 Germany Smart Pills Market Size and Price Analysis 2014-2018
4.4.2 UK Smart Pills Market Size and Price Analysis 2014-2018
4.4.3 France Smart Pills Market Size and Price Analysis 2014-2018
4.4.4 Italy Smart Pills Market Size and Price Analysis 2014-2018
4.4.5 Europe Smart Pills Market Size and Price Analysis 2014-2018
4.5 Other Country and Region
4.5.1 Middle East Smart Pills Market Size and Price Analysis 2014-2018
4.5.2 Africa Smart Pills Market Size and Price Analysis 2014-2018
4.5.3 GCC Smart Pills Market Size and Price Analysis 2014-2018
4.6 Global Smart Pills Market Segmentation (Region Level) Analysis 2014-2018
4.7 Global Smart Pills Market Segmentation (Region Level) Analysis
Section 5 Global Smart Pills Market Segmentation (Product Type Level)
5.1 Global Smart Pills Market Segmentation (Product Type Level) Market Size 2014-2018
5.2 Different Smart Pills Product Type Price 2014-2018
5.3 Global Smart Pills Market Segmentation (Product Type Level) Analysis
Section 6 Global Smart Pills Market Segmentation (Industry Level)
6.1 Global Smart Pills Market Segmentation (Industry Level) Market Size 2014-2018
6.2 Different Industry Price 2014-2018
6.3 Global Smart Pills Market Segmentation (Industry Level) Analysis
Section 7 Global Smart Pills Market Segmentation (Channel Level)
7.1 Global Smart Pills Market Segmentation (Channel Level) Sales Volume and Share 2014-2018
7.2 Global Smart Pills Market Segmentation (Channel Level) Analysis
Section 8 Smart Pills Market Forecast 2018-2023
8.1 Smart Pills Segmentation Market Forecast (Region Level)
8.2 Smart Pills Segmentation Market Forecast (Product Type Level)
8.3 Smart Pills Segmentation Market Forecast (Industry Level)
8.4 Smart Pills Segmentation Market Forecast (Channel Level)
Section 9 Smart Pills Segmentation Product Type
9.1 Esophagus Product Introduction
9.2 Small Intestine Product Introduction
9.3 Large Intestine Product Introduction
9.4 Stomach Product Introduction
Section 10 Smart Pills Segmentation Industry
10.1 Capsule Endoscopy Clients
10.2 Drug Delivery Clients
10.3 Patient Monitoring Clients
Section 11 Smart Pills Cost of Production Analysis
11.1 Raw Material Cost Analysis
11.2 Technology Cost Analysis
11.3 Labor Cost Analysis
11.4 Cost Overview
Section 12 Conclusion
Chart and Figure
Figure Smart Pills Product Picture from Proteus Digital Health
Chart 2014-2018 Global Manufacturer Smart Pills Shipments (Units)
Chart 2014-2018 Global Manufacturer Smart Pills Shipments Share
Chart 2014-2018 Global Manufacturer Smart Pills Business Revenue (Million USD)
Chart 2014-2018 Global Manufacturer Smart Pills Business Revenue Share
Chart Proteus Digital Health Smart Pills Shipments, Price, Revenue and Gross profit 2014-2018
Chart Proteus Digital Health Smart Pills Business Distribution
Chart Proteus Digital Health Interview Record (Partly)
Figure Proteus Digital Health Smart Pills Product Picture
Chart Proteus Digital Health Smart Pills Business Profile
Table Proteus Digital Health Smart Pills Product Specification
Chart CapsoVision Smart Pills Shipments, Price, Revenue and Gross profit 2014-2018
Chart CapsoVision Smart Pills Business Distribution
Chart CapsoVision Interview Record (Partly)
Figure CapsoVision Smart Pills Product Picture
Chart CapsoVision Smart Pills Business Overview
Table CapsoVision Smart Pills Product Specification
Chart Medtronic Smart Pills Shipments, Price, Revenue and Gross profit 2014-2018
Chart Medtronic Smart Pills Business Distribution
Chart Medtronic Interview Record (Partly)
Figure Medtronic Smart Pills Product Picture
Chart Medtronic Smart Pills Business Overview
Table Medtronic Smart Pills Product Specification
3.4 Olympus Corporations Smart Pills Business Introduction
…
Chart United States Smart Pills Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart United States Smart Pills Sales Price ($/Unit) 2014-2018
Chart Canada Smart Pills Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Canada Smart Pills Sales Price ($/Unit) 2014-2018
Chart South America Smart Pills Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart South America Smart Pills Sales Price ($/Unit) 2014-2018
Chart China Smart Pills Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart China Smart Pills Sales Price ($/Unit) 2014-2018
Chart Japan Smart Pills Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Japan Smart Pills Sales Price ($/Unit) 2014-2018
Chart India Smart Pills Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart India Smart Pills Sales Price ($/Unit) 2014-2018
Chart Korea Smart Pills Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Korea Smart Pills Sales Price ($/Unit) 2014-2018
Chart Germany Smart Pills Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Germany Smart Pills Sales Price ($/Unit) 2014-2018
Chart UK Smart Pills Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart UK Smart Pills Sales Price ($/Unit) 2014-2018
Chart France Smart Pills Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart France Smart Pills Sales Price ($/Unit) 2014-2018
Chart Italy Smart Pills Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Italy Smart Pills Sales Price ($/Unit) 2014-2018
Chart Europe Smart Pills Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Europe Smart Pills Sales Price ($/Unit) 2014-2018
Chart Middle East Smart Pills Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Middle East Smart Pills Sales Price ($/Unit) 2014-2018
Chart Africa Smart Pills Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart Africa Smart Pills Sales Price ($/Unit) 2014-2018
Chart GCC Smart Pills Sales Volume (Units) and Market Size (Million $) 2014-2018
Chart GCC Smart Pills Sales Price ($/Unit) 2014-2018
Chart Global Smart Pills Market Segmentation (Region Level) Sales Volume 2014-2018
Chart Global Smart Pills Market Segmentation (Region Level) Market size 2014-2018
Chart Smart Pills Market Segmentation (Product Type Level) Volume (Units) 2014-2018
Chart Smart Pills Market Segmentation (Product Type Level) Market Size (Million $) 2014-2018
Chart Different Smart Pills Product Type Price ($/Unit) 2014-2018
Chart Smart Pills Market Segmentation (Industry Level) Market Size (Volume) 2014-2018
Chart Smart Pills Market Segmentation (Industry Level) Market Size (Share) 2014-2018
Chart Smart Pills Market Segmentation (Industry Level) Market Size (Value) 2014-2018
Chart Global Smart Pills Market Segmentation (Channel Level) Sales Volume (Units) 2014-2018
Chart Global Smart Pills Market Segmentation (Channel Level) Share 2014-2018
Chart Smart Pills Segmentation Market Forecast (Region Level) 2018-2023
Chart Smart Pills Segmentation Market Forecast (Product Type Level) 2018-2023
Chart Smart Pills Segmentation Market Forecast (Industry Level) 2018-2023
Chart Smart Pills Segmentation Market Forecast (Channel Level) 2018-2023
Chart Esophagus Product Figure
Chart Esophagus Product Advantage and Disadvantage Comparison
Chart Small Intestine Product Figure
Chart Small Intestine Product Advantage and Disadvantage Comparison
Chart Large Intestine Product Figure
Chart Large Intestine Product Advantage and Disadvantage Comparison
Chart Stomach Product Figure
Chart Stomach Product Advantage and Disadvantage Comparison
Chart Capsule Endoscopy Clients
Chart Drug Delivery Clients
Chart Patient Monitoring Clients
Request Discount 
Inquire Before Buy
