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Published January 10, 2018
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:
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
3.4 SWOT Analysis
3.5 Y-O-Y Analyses
Chapter 4 Market Dynamics
18.104.22.168 Rising prevalence of Gastro-Intestinal diseases.
22.214.171.124 Preference for minimally invasive surgeries
126.96.36.199 Technological developments in capsule endoscopes.
188.8.131.52 Raising ethical issues in medical conditions
184.108.40.206 Lack of skilled professionals.
220.127.116.11 High cost.
18.104.22.168 Precisely locate chronic diseases and disorders.
22.214.171.124 Reduce side effects
126.96.36.199Cost effective pills
Chapter 6 Market Segmentation by Capsule
6.1 Colon Capsule Endoscopy
6.2 Camera Capsule
6.3 Wireless motility capsule
Chapter 6 Market Segmentation by Geography
6.1 North America
6.1.2 United States
6.3 Asia Pacific
6.3.5 Australia & New Zealand
6.4 Middle East and Africa
6.4.2 South Africa
6.4.3 Middle East Countries
6.5 South America
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
8.1.1. Company Overview
8.1.2. Financial Performance
8.1.3. Product Benchmarking
8.1.4. Strategic Initiative
8.4 Olympus Medical Technology
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.
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