Asia Pacific Smart Pills Capsule Endoscopy Market – Size, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024
Report Type : Regional

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Asia Pacific Smart Pills Capsule Endoscopy Market - Size
Study Period
2018 - 2030
Base Year For Estimation
2023
Forecast Data Period
2024-2030
Historical Data Period
2018-2021
CAGR
7 %
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Smart pills or nootropics are small medical and embedded electronic devices such as sensors, cameras, and trackers which can be easily swallowed and provides a complete evaluation of the gastrointestinal tract. Capsule endoscopy is a technique which is used to record the images of gastrointestinal tract use in medical treatment, usually in the shape of the pharmaceutical capsule. Smart pills have reduced the difference between digital and healthcare technology. However, real-time patient monitoring is possible by smart pills diagnostics and can record bodily functions of the patients.

Asia Pacific Smart Pills Capsule Endoscopy Market Segments Size & Growth:

Asia Pacific Smart Pills Capsule Endoscopy Market is accounted for $ XX billion in 2017 and expected to grow at a CAGR of XX% to reach $XX by 2024 during the forecast period 2018-2024. Major factors that are driving the market growth are due to the prevalence of Gastro-Intestinal diseases; it reduces invasive surgeries, technological developments in capsule endoscopy, and reimbursement policies. However, lack

Asia Pacific Smart Pills Capsule Endoscopy Market - Growth
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
of skilled professionals, expensive treatment, and ethical issues hinder the growth of the Asia Pacific smart pills capsule endoscopy market.

Asia Pacific Smart Pills Capsule Endoscopy Market Segments Share:

Asia Pacific Smart Pills Capsule Endoscopy Market is categorised into by capsule which consists of colon capsule endoscopy, camera capsule, and wireless motility capsule. Wireless motility capsule has the largest share due to its technological enhancement with inbuilt components like the 360-degree view, easy transmission, storage capacity and battery life are favouring the growth.

By Geography, China is dominating the smart pills Capsule Endoscopy Market and the growth in the Asia Pacific is mainly attributed because of the increasing non-invasive diagnosis and technological advancement. Furthermore, India is witnessing the fastest growth during the forecast period, due to rising ageing population, awareness about GI tract and diagnostic methods.

Asia Pacific Smart Pills Capsule Endoscopy Market SegmentsTrends:

  • New technological smart pill Gut microbiome helps to monitor gastrointestinal tract has been tested in January

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Asia Pacific Smart Pills Capsule Endoscopy Market - Porter's Five Force Analysis
Source: Envision Intelligence Analysis & Experts Insights.
*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels
2018.
  • In March 2017, Symetis has been merged along with Boston Scientific Corporation to expand the treatments for valvular heart diseases.
  • In November 2017, GE Healthcare acquired Puridify to transform medical technology into biomolecule manufacturing activities.
  • Asia Pacific Smart Pills Diagnostics Research Report:

    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, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

    Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

    Identifying DROC in the current market and their impact in altering the market dynamics.

    Competitive landscape analysis to identify the mergers and acquisitions 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.

    • Given Imaging Ltd
    • Bio-Images Research Ltd
    • Medimetrics S.A. De C.V.
    • Capsovision Inc.
    • Azoi

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