Smart pills or nootropics are small medical and embedded electronic devices such as sensors, cameras, and trackers which can be quickly swallowed and provides a complete evaluation of the gastrointestinal tract. Drug delivery is an approach, technology or a system for transporting medicine inside the body via drug chemical and by drug-device products. 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 Drug Delivery Market Segments Size & Growth:
Asia Pacific Smart Pills Drug Delivery 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, personalised medicine, and reimbursement policies. However, lack of skilled professionals, expensive treatment, and ethical issues hinder the growth of the Asia Pacific smart pills
Asia Pacific Smart Pills Drug Delivery Market Segments Share:
Asia Pacific Smart Pills Drug Delivery Market is categorised into by type which consists ofIntelliCap CR and IntelliCap FR. IntelliCap FR has the most significant share due to its design capabilities for use in clinical trials for drug delivery in the gastrointestinal tract, along with recording conditions in the body. IntelliCap FR delivers the drug in the form of solids, powder, and semi-solid into the patient’s body.
By Geography, China is dominating the smart pills drug delivery market, and the growth in the Asia Pacific is mainly attributed because of the increasing non-invasive diagnosis and advancement personalised medicine. Furthermore, India is witnessing the fastest growth during the forecast period, due to rising ageing population, awareness about GI tract and demand for precision medicine.
Asia Pacific Smart Pills Drug Delivery Market Segments Trends:
Asia Pacific Smart Pills Diagnostics Research Report:
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