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Smart Pills Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global smart pills market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Smart pills are ingestible medical devices comprising sensors, cameras, patches, and trackers to record various physiological measures. They help in accurate therapy and better diagnostics and monitoring while eliminating the need for invasive procedures. Presently, several manufacturers are coming with innovative variants with advanced batteries and onboard memory. They assist in remote patient monitoring and telemedicine, providing wireless transmission of information in real-time and measuring the effects of the medication.

Smart Pills Market Trends:

A considerable rise in the prevalence of cancer and malignant gastrointestinal (GI) disorders represents one of the primary factors driving the demand for smart pills over conventional diagnostic techniques, such as endoscopy. Endoscopy devices are inserted into the patient’s esophagus for diagnosis of GI disorders. However, the risk of infection transmission and esophageal tearing is usually high with endoscopes. Consequently, smart pills are widely utilized as they provide multidimensional pictures of the internal parts of the body non-invasively. Moreover, the growing pediatric population, which is relatively more vulnerable to targeted diseases, along with the emerging trend of minimally invasive surgeries (MIS), is promoting the adoption of smart pills to diagnose and treat chronic diseases. Apart from this, the coronavirus disease (COVID-19) outbreak and the consequent rise in the demand for telemedicine technologies for remote patient visits are contributing to market growth. Furthermore, they are employed in the defense and allied industries to monitor the core body temperature of soldiers in real-time. Besides this, market players are investing in research and development (R&D) projects that focus on effective localization, steering, and control of pills. This is projected to expand the applications of smart pills in the future.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global smart pills market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on target area, disease indication, application and end user.

Breakup by Target Area:

  • Esophagus
  • Small Intestine
  • Large Intestine
  • Stomach
     

Breakup by Disease Indication:

  • Esophageal Diseases
  • Small Bowel Diseases 
  • Colon Diseases
  • Others
     

Breakup by Application:

  • Capsule Endoscopy
  • Drug Delivery
  • Patient Monitoring
     

Breakup by End User:

  • Hospitals
  • Diagnostic Centers
  • Research Institutes
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being CapsoVision Inc., Check-Cap Ltd., General Electric Company, IntroMedic Co. Ltd., Jinshan Science & Technology (Group) Co. Ltd., Koninklijke Philips N.V., Medtronic plc, Olympus Corporation and PENTAX Medical (Hoya Corporation).

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Target Area, Disease Indication, Application, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered CapsoVision Inc., Check-Cap Ltd., General Electric Company, IntroMedic Co. Ltd., Jinshan Science & Technology (Group) Co. Ltd., Koninklijke Philips N.V., Medtronic plc, Olympus Corporation and PENTAX Medical (Hoya Corporation).
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global smart pills market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global smart pills market?
  • What are the key regional markets?
  • What is the breakup of the market based on the target area?
  • What is the breakup of the market based on the disease indication?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global smart pills market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Smart Pills Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Target Area
    6.1    Esophagus
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Small Intestine
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Large Intestine
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Stomach
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Disease Indication
    7.1    Esophageal Diseases
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Small Bowel Diseases 
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Colon Diseases
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Others
        7.4.1 Market Trends
        7.4.2 Market Forecast
8    Market Breakup by Application
    8.1    Capsule Endoscopy
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Drug Delivery
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Patient Monitoring
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by End User
    9.1    Hospitals
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Diagnostic Centers
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Research Institutes
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    CapsoVision Inc.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
        15.3.2    Check-Cap Ltd.
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
        15.3.3    General Electric Company
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
           15.3.3.4 SWOT Analysis
        15.3.4    IntroMedic Co. Ltd.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
        15.3.5    Jinshan Science & Technology (Group) Co. Ltd.
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    Koninklijke Philips N.V.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
           15.3.6.4 SWOT Analysis
        15.3.7    Medtronic plc
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 Financials
           15.3.7.4 SWOT Analysis
        15.3.8    Olympus Corporation
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
           15.3.8.3 Financials
           15.3.8.4 SWOT Analysis
        15.3.9    PENTAX Medical (Hoya Corporation)
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio

List of Figures

Figure 1: Global: Smart Pills Market: Major Drivers and Challenges
Figure 2: Global: Smart Pills Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Smart Pills Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Smart Pills Market: Breakup by Target Area (in %), 2020
Figure 5: Global: Smart Pills Market: Breakup by Disease Indication (in %), 2020
Figure 6: Global: Smart Pills Market: Breakup by Application (in %), 2020
Figure 7: Global: Smart Pills Market: Breakup by End User (in %), 2020
Figure 8: Global: Smart Pills Market: Breakup by Region (in %), 2020
Figure 9: Global: Smart Pills (Esophagus) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Smart Pills (Esophagus) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Smart Pills (Small Intestine) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Smart Pills (Small Intestine) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Smart Pills (Large Intestine) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Smart Pills (Large Intestine) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Smart Pills (Stomach) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Smart Pills (Stomach) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Smart Pills (Esophageal Diseases) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Smart Pills (Esophageal Diseases) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: Global: Smart Pills (Small Bowel Diseases) Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: Global: Smart Pills (Small Bowel Diseases) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: Global: Smart Pills (Colon Diseases) Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: Global: Smart Pills (Colon Diseases) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Global: Smart Pills (Other Disease Indications) Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Global: Smart Pills (Other Disease Indications) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Global: Smart Pills (Capsule Endoscopy) Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Global: Smart Pills (Capsule Endoscopy) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: Global: Smart Pills (Drug Delivery) Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: Global: Smart Pills (Drug Delivery) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Global: Smart Pills (Patient Monitoring) Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Global: Smart Pills (Patient Monitoring) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: Global: Smart Pills (Hospitals) Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: Global: Smart Pills (Hospitals) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: Global: Smart Pills (Diagnostic Centers) Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: Global: Smart Pills (Diagnostic Centers) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Global: Smart Pills (Research Institutes) Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Global: Smart Pills (Research Institutes) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: North America: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: North America: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: United States: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: United States: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Canada: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Canada: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Asia-Pacific: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Asia-Pacific: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: China: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: China: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: Japan: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: Japan: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: India: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: India: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: South Korea: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: South Korea: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Australia: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Australia: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Indonesia: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Indonesia: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Others: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Others: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Europe: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Europe: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Germany: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Germany: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: France: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: France: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: United Kingdom: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: United Kingdom: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 67: Italy: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 68: Italy: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 69: Spain: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 70: Spain: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 71: Russia: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 72: Russia: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 73: Others: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 74: Others: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 75: Latin America: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 76: Latin America: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 77: Brazil: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 78: Brazil: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 79: Mexico: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 80: Mexico: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 81: Others: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 82: Others: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 83: Middle East and Africa: Smart Pills Market: Sales Value (in Million US$), 2015 & 2020
Figure 84: Middle East and Africa: Smart Pills Market: Breakup by Country (in %), 2020
Figure 85: Middle East and Africa: Smart Pills Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 86: Global: Smart Pills Industry: SWOT Analysis
Figure 87: Global: Smart Pills Industry: Value Chain Analysis
Figure 88: Global: Smart Pills Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Smart Pills Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Smart Pills Market Forecast: Breakup by Target Area (in Million US$), 2021-2026
Table 3: Global: Smart Pills Market Forecast: Breakup by Disease Indication (in Million US$), 2021-2026
Table 4: Global: Smart Pills Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 5: Global: Smart Pills Market Forecast: Breakup by End User (in Million US$), 2021-2026
Table 6: Global: Smart Pills Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 7: Global: Smart Pills Market: Competitive Structure
Table 8: Global: Smart Pills Market: Key Players

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