Envision Report

Published January 10, 2018

Smart Pills Capsule Endoscopy Market – Size, Outlook, Trends and Forecasts (2018 – 2024)

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Smart pills or nootropics are small medical and embedded electronic devices such as sensors, cameras, and trackers. This device can be easily swallowed and provides a complete evaluation of the gastrointestinal tract.

Smart Pills Capsule Endoscopy Market share:

Smart Pills Capsule Endoscopy market is segmented by capsule and geography. On basics of the capsule the largest share is in North America especially the US because of the developing technologies, increasing number of patients, and different capsule endoscopy techniques.

Smart Pills Capsule Endoscopy Market size:

Smart Pills for Capsule Endoscopy Market is accounted for USD 1.6 billion in 2017 and expected to grow at a CAGR of 18.93% to reach USD 3.9 billion by 2024.

Rising technologies to treat diseases, increasing number of patients, and advancement in capsule endoscopy techniques, including the massive presence of smart pills vendors, has driven the marketplace for smart pills capsule endoscopy in, the United States followed by Europe.

Smart Pills Capsule Endoscopy Market growth:

The market for smart pills capsule endoscopy are driven by factors like rising prevalence of Gastro-Intestinal diseases, preference for less invasive surgeries, and technological developments in capsule endoscopes are the reason for the overall growth of the smart pills capsule endoscopy market.

Smart Pills Capsule Endoscopy Market Industrial Analysis:

Smart Pills Capsule Endoscopy Market is segmented on the basis of capsule and geography. The growth of the market is driven by capsule segment classified by colon capsule endoscopy, camera capsule endoscopy, and wireless motility capsule. The accurate therapeutic techniques have increased the smart pills capsule endoscopy market.

Smart Pills Capsule Endoscopy Market Outlook:

Smart Pills Capsule Endoscopy market is expected to grow at a significant rate over the forecast period and is anticipated to perform well due to awareness regarding chronic diseases and advancements in smart pills capsules. Many industries and firms are trying to develop new technologies and make advancements to improve the smart pill capsule endoscopy market.

Smart Pills Capsule Endoscopy Market Trends:

Royal Philips has completed the acquisition of The Spectranetics Corporation, a U.S.-based vascular intervention and lead management solutions in August 2017.

CapsoVision, Inc. got an approval for their innovation CapsoCam Plus® System in patients ages 2 and above by CE Mark in October 2017.

Smart Pills Capsule Endoscopy Market Research Reports:

  • An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
  • To have complete market analysis through industry value chain analysisPorter’s fivePESTLESWOT analysis, and Y-o-Y analysis.
  • Regional and global diversity is analyzed with the major countries and the unions.
  • Scrutinizing the revenue generation on YearOnYear
  • Identifying DROC in the current market and their impact in altering the market dynamics.
  • Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
  • Expertise investment opportunities by an analyst to the individual and organization to have a better foothold in the market.
  • Identify the latest developments, market shares and strategies that are employed by the major market players, such as:
  • Capsovision Inc.
  • Given Imaging Ltd
  • IntroMedic Co., Ltd.,
  • Boston Scientific Corporation
  • Bio-Images Research Ltd

Chapter 1 Introduction

1.1 Executive Summary

1.2 Market Definition

1.3 Scope of the Study

Chapter 2 Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.3 Analytic Tools and Model

2.4 Economic Indicator

2.4.1 Base Year, Base Currency, Forecasting Period

2.5 Expert Validation

2.6 Study Timeline

Chapter 3 Market Analysis

3.1 Industry Value Chain Analysis

3.2 Porter’s Five Analysis

3.2.1 Bargaining Power of Buyers

3.2.2 Bargaining Power of Suppliers

3.2.3 Threats of Substitutes

3.2.4 Threats of New Entrants

3.2.5 Industry Rivalry

3.3 PESTLE Analysis

3.3.1 Political

3.3.2 Economical

3.3.3 Social

3.3.4 Technological

3.3.5 Legal

3.3.6 Environmental

3.4 SWOT Analysis

3.4.1 Strengths

3.4.2 Weakness

3.4.3 Opportunities

3.4.4 Threats

3.5 Y-O-Y Analyses

Chapter 4 Market Dynamics

4.1 DROC

4.1.1 Drivers

4.1.1.1 Rising prevalence of Gastro-Intestinal diseases.

4.1.1.2 Preference for minimally invasive surgeries

4.1.1.3 Technological developments in capsule endoscopes.

4.1.2 Restraints

4.1.2.1 Raising ethical issues in medical conditions

4.1.2.2 Lack of skilled professionals.

4.1.2.3 High cost.

4.1.3 Opportunities

4.1.3.1 Precisely locate chronic diseases and disorders.

4.1.4 Challenges

4.1.4.1 Reduce side effects

4.1.4.2Cost effective pills

Chapter 6 Market Segmentation by Capsule

6.1 Colon Capsule Endoscopy

6.2 Camera Capsule

6.3 Wireless motility capsule

6.4 Others

Chapter 6 Market Segmentation by Geography

6.1 North America

6.1.1 Introduction

6.1.2 United States

6.1.3 Canada

6.1.4 Mexico

6.1.5 Others

6.2 Europe

6.2.1 Introduction

6.2.2 UK

6.2.3 Germany

6.2.4 France

6.2.5 Italy

6.2.6 Spain

 

6.2.7 Others

6.3 Asia Pacific

6.3.1 Introduction

6.3.2 China

6.3.3 India

6.3.4 Japan

6.3.5 Australia & New Zealand

6.3.7 Others

6.4 Middle East and Africa

6.4.1 Introduction

6.4.2 South Africa

6.4.3 Middle East Countries

6.4.4 Others

6.5 South America

6.5.1 Introduction

6.5.2 Argentina

6.5.3 Brazil

6.5.4 Others

Chapter 7 Competitive Landscape

7.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements

7.2 Market Share Analysis

7.3 Strategies Adopted By Top Companies

Chapter 8 Company Profiles

8.1 MicroChips

8.1.1. Company Overview

8.1.2. Financial Performance

8.1.3. Product Benchmarking

8.1.4. Strategic Initiative

8.2 AdhereTech

8.3 Azoi

8.4 Olympus Medical Technology

8.5 Vitality

8.6 Pixie Scientific

8.7 Chongqing Jinshan Science & Technology Group Co., Ltd

8.8 GE Healthcare

8.9 Capsovision Inc.

8.10 Given Imaging Ltd

8.11 IntroMedic Co., Ltd.,

8.12 Boston Scientific Corporation

8.13 Bio-Images Research Ltd

8.14 Medimetrics S.A. De C.V.

8.15 Medisafe

Chapter 9 Market Estimates and Forecasting

9.1 Market Estimates and Forecasting 2018-2024(USD Million)

9.1.1 Market Estimation and Forecasting by Capsule 2018-2024 (USD Million)

9.1.2 Market Estimates and Forecasting by Geography 2018-2024 (USD Million)

Chapter 10 Market Insights

10.1 Insights of Industry Experts

10.2 Analyst Opinion (Market Understanding)

10.3 Investment Opportunities

Chapter 11 Appendix

11.1 List of Tables

11.2 List of Figures

  • Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
  • Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
  • The Regional and Global Variety is taken care of in the report.
  • Year on Year basis generation of revenue is studied.
  • Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
  • The overview and the sustainability of the market are analyzed through SWOT.
  • DROC is recognized in the current market scenario and see how its effect on market dynamics.
  • The segment-level analysis in terms of type and technology.
  • The value chain analysis, value that's created and captured by a company is the profit margin.Value
  • Created and Captured – Cost of Creating that Value = Margin
  • An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
  • Basis on the depth of the study we approach using analytical tools
  • Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.

 

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