Electronic Pill Market to Rise with a Significant Growth in terms of Revenue Top trends, Key driven factors and Major Vendors Outlook through Forecast Period 2018-2023

An expert on premium research reports, Market Research Future has added a report titled “Electronic Pill Market Research Report – Forecast to 2023” to its offering. The report provides an in-depth analysis of regional data and an accurate projection of the market size and share of the Top 10 market players across the globe.

Market Scenario

The global electronic pill market is expected to reach an approximate CAGR of 15% during the forecast period. The electronic pill is an ingestible capsule that is embedded with sensors and camera. After ingesting the pill, the pill captures several images per second of the gastrointestinal tract which is received by the connected recording device. It is a monitoring system used to monitor temperature, pH, conductivity and dissolved oxygen. Electronic Pills are used for diagnostics of various gastrointestinal tract diseases like colon cancer, colon polyps, gastrointestinal bleeding and other infectious diseases. The increase in preference of non-invasive methods for diagnostics is driving the growth of the market. Moreover, the rising geriatric population, increasing prevalence of gastrointestinal diseases like colorectal cancer, changing lifestyle, increasing unhealthy eating habits, controlled drug delivery and better way of endoscopy procedures are major factors influencing the growth of the market.

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Global Electronic Pill Market, by Key Players

  • CapsoVision, Inc. (US)
  • Given Imaging Ltd. (Israel)
  • Medimetrics (Mexico)
  • Bio-Images Drug Delivery BDD LTD (UK)
  • Proteus Digital Health (US)
  • Olympus Corporation
  • Medtronic
  • Medisafe
  • JINSHAN Science & Technology
  • INTROMEDIC

Segmentation

The global electronic pill market is segmented on the basis of Application, Target area, Parts and end user. The electronic pill market, by application, is sub-segmented into Capsule Endoscopy, Drug Delivery, and Patient Monitoring. Target area category includes Oesophagus, Stomach, Small Intestine, and large intestine.

By parts, the market is categorized into biocompatible capsule encasing microsensors, Control chip, Radio transmitter and Power source. On the basis of end-user, the market is segmented into Hospitals, Diagnostic centers, Clinical Research Organizations and Medical Centers.

On the basis of region, the global Electronic Pill market is segmented into the Americas, Europe, Asia Pacific, and the Middle East and Africa.

The Americas is sub-segmented into North America and South America. The North American region is further segmented into the US and Canada. The European region is divided into two, namely, Western Europe and Eastern Europe. Western Europe is further classified into Germany, Italy, France, the U.K., Spain, and the rest of Western Europe. The Asia Pacific region is sub-segmented into Japan, China, India, Australia, the Republic of Korea, and the rest of Asia Pacific. The Middle Eastern and African region is sub-segmented into the United Arab Emirates, Saudi Arabia, Oman, Kuwait, Qatar, and the rest of the Middle East and Africa.

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TABLE OF CONTENT

Chapter 1. Report Prologue

Chapter 2. Market Introduction

Chapter 3. Research Methodology

Chapter 4. Market Dynamics

Chapter 5. Market Factor Analysis

Chapter 6. Global Electronic Pill Market, By Application

Chapter 7. Global Electronic Pill Market, By Target Area

Chapter 8. Global Electronic Pill Market, By Parts

Chapter 9. Global Electronic Pill Market, By End-User

Chapter 10. Global Electronic Pill Market, By Region

Chapter 11. Company Landscape

Chapter 12 Company Profiles

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