Envision Report

Published January 10, 2018

Smart Pills Diagnostics 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 quickly swallowed and provides a complete evaluation of the gastrointestinal tract.

Global Smart Pills Diagnostics Market share:

The Global Smart Pills Diagnosis market is segmented by target organ, application, and geography. On basics of applications, the most significant percentage is in North America especially the US. Because of the developing technologies, increasing number of patients, and commercialising of smart pills products.

Global Smart Pills Diagnostics Market size:

Global Smart Pills Diagnosis Market is accounted for USD 2.4 billion in 2017 and expected to grow at a CAGR of 17.7% to reach USD 5.1 billion by 2024.

Rise in advanced technologies to treat diseases, increasing number of patients, including the massive presence of smart pills vendors, has driven the marketplace for intelligent pills diagnostics in, North America followed by Europe. In the forecast period, Asia Pacific is going to have the fastest growth rate in the market

Global Smart Pills Diagnostics Market growth:

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

Global Smart Pills Diagnostics Market Industrial Analysis:

Global Smart Pills Diagnostics Market is segmented by the target organ, applications, and geography. Target organ is categorised by the stomach, small intestine, large intestine, and Esophagus. The growth of the market is driven by application segment classified by patient monitoring, diagnostic imaging, drug delivery, and capsule endoscopy.

Global Smart Pills Diagnostics Market Outlook:

Global Smart Pills Diagnostics 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 change the diagnostic procedures. Many industries and firms are trying to develop new technologies and make advancements to improve the smart pill diagnostics market.

Global Smart Pills Diagnostics Market Trends:

Olympus Corporation has wholly acquired image Stream Medical Inc. to improve medical solutions to healthcare in April 2017.

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

Global Smart Pills Diagnostics 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 analysed 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 study with significant competitors.
  • Expertise investment opportunities by an analyst to the individual and organisation 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:
  • Olympus Corporation
  • ACAMP
  • Medtronic Inc.
  • Capsovision Inc.
  • IntroMedic Co., 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 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

4.1.4.2 Cost effective pills

Chapter 5 Market Segmentation by Target Organ

5.1 Stomach

5.2 Small Intestine

5.3 Large Intestine

5.4 Esophagus

5.5 Others

Chapter 6 Market Segmentation by Application

6.1 Patient Monitoring

6.2 Capsule Endoscopy

6.3 Diagnostic Imaging

6.4 Drugs Delivery

6.5 Others

Chapter 7 Market Segmentation by Geography

7.1 North America

7.1.1 Introduction

7.1.2 United States

7.1.3 Canada

7.1.4 Mexico

7.1.5 Others

7.2 Europe

7.2.1 Introduction

7.2.2 Spain

7.2.3 UK

7.2.4 France

7.2.5 Germany

7.2.6 Italy

7.2.7 Others

7.3 Asia Pacific

7.3.1 Introduction

7.3.2 China

7.3.3 India

7.3.4 Japan

7.3.5 Australia & New Zealand

7.3.6 Others

7.4 The Middle East and Africa

7.4.1 Introduction

7.4.2 South Africa

7.4.3 Middle East Countries

7.4.4 Others

7.5 South America

7.5.1 Introduction

7.5.2 Argentina

7.5.3 Brazil

7.5.5 Others

Chapter 8 Competitive Landscape

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

8.2 Market Share Analysis

8.3 Strategies Adopted By Top Companies

Chapter 9 Company Profiles

9.1 Phillips NV

9.1.1. Company Overview

9.1.2. Financial Performance

9.1.3. Product Benchmarking

9.1.4. Strategic Initiative

9.2 Proteus Digital Health Inc.

9.3 Bio-Images Research Ltd

9.4 Olympus Corporation

9.5 ACAMP

9.6 Medtronic Inc.

9.7 Capsovision Inc.

9.8 IntroMedic Co., Ltd.,

9.9 GE Healthcare

9.10 Boston Scientific Corporation

9.11 Given Imaging Ltd

9.12 Medisafe

9.13 Medimetrics S.A. De C.V.

9.14 Chongqing Jinshan Science & Technology Group Co., Ltd

9.15 Novartis AG

Chapter 10 Market Estimates and Forecasting

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

10.1.1 Market Estimation and Forecasting by Product Type 2018-2024 (USD Million)

10.1.2 Market Estimates and Forecasting by Application 2018-2024 (USD Million)

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

Chapter 11 Market Insights

11.1 Insights of Industry Experts

11.2 Analyst Opinion (Market Understanding)

11.3 Investment Opportunities

Chapter 12 Appendix

12.1 List of Tables

12.2 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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