North America Smart Pills Drug Delivery Market – Size, Outlook, Trends and Forecast (2024

North America Smart Pills Drug Delivery 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 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.

North America Smart Pills Drug Delivery Market Segments Size & Growth:

North America 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

North America Smart Pills Drug Delivery 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

professionals, expensive treatment, and ethical issues hinder the growth of the North America smart pills drug delivery market.

North America Smart Pills Drug Delivery Market SegmentsShare:

North America 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, United States is dominating the smart pills drug delivery market, and the growth in North America is mainly attributed because of the increasing non-invasive diagnosis and advancement personalised medicine. Furthermore, Mexico is witnessing the fastest growth during the forecast period, due to rising ageing population, awareness about GI tract and demand for precision medicine.

North America Smart Pills Drug Delivery Market Segments Trends:

CapsoVision, Inc. got approval for their innovation CapsoCam Plus^®System in patients ages 2 and above by CE Mark in October 2017.

In March 2017, Boston Scientific Corporation acquired Symetis SA this will help expand valvular heart treatment for some patients.

North America Smart Pills Drug Delivery 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.

MicroChips
GE Healthcare
Bio-Images Research Ltd
IntroMedic Co., Ltd.,
Medisafe

Market Segments Trends: CapsoVision,

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North America Smart Pills Drug Delivery 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

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