Global and United States Smart Pills Market Report & Forecast 2022-2028

Smart pills are capsule-sized ingestible medical devices consisting of elements such as sensors, cameras, patches, and trackers that help in better diagnostics, patient monitoring, as well as targeted drug delivery.
Market Analysis and Insights: Global and United States Smart Pills Market
This report focuses on global and United States Smart Pills market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Smart Pills market size is estimated to be worth US$ 393.9 million in 2022 and is forecast to a readjusted size of US$ 697.1 million by 2028 with a CAGR of 10.0% during the review period. Fully considering the economic change by this health crisis, by Type, Esophagus accounting for % of the Smart Pills global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Capsule Endoscopy was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
They are majorly available in the form of a vitamin capsule sized pill and possess small wearable sensor patch, an application on a mobile device, and a provider portal. Once swallowed, it gets activated in the gut; the sensors provide information about patient’s health parameters and the effectiveness of medication treatment leading to more informed healthcare decisions and optimized therapies.
Global Smart Pills Scope and Market Size
Smart Pills market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Smart Pills market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Smart Pills market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Esophagus
Small Intestine
Large Intestine
Stomach
Segment by Application
Capsule Endoscopy
Drug Delivery
Patient Monitoring
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
Proteus Digital Health
CapsoVision
Medtronic
Olympus Corporations
IntroMedic