North America Smart Pills Patient Monitoring Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Published : 30 Aug 2024

Report Type : Regional

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Description Table of Contents Scope of the Report

North America Smart Pills Patient Monitoring 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 pill is a disposable capsule that can be swallowed. The capsule wirelessly transmits data. The data collected by smart pill allows the physician to evaluate the GI tract (gastrointestinal) thoroughly and it measures pressure, PH, and temperature as it travels through the gastrointestinal tract to access GI mobility. Many industries are trying to develop and integrate these technologies and advancements which will improve the market growth.

North America Smart Pills Patient Monitoring Market Segments size & growth:

The market is valued at $ 901.874 million in 2017 and is expected to reach $ 2,132.992 million by 2024 at a CAGR of 17.9%. Smart pills patient monitoring market growth is mainly due to interest and willingness from patients to adopt this treatment methodology, easy tracking of bodily functions, raining prevalence of colon cancer and reimbursement scenario

North America Smart Pills Patient Monitoring 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

across the globe.

North America Smart Pills Patient Monitoring Market Share:

The market is majorly segmented into the application and is categorised into capsule endoscopy, smart pill drug delivery, patient monitoring and diagnostics. In the emerging markets, this technology is still in the seedling stage, and in future, the emerging markets are going to have the significant market share. Geographically, US is the leading market for smart pills patient monitoring and is highly driven by favourable reimbursement scenario.

North America Smart Pills Patient Monitoring Market Trends:

Novartis signed to acquire advanced accelerator applications.
Crospon acquired by Medtronic and Medtronic a global leader announced the acquisition of Covidien plc Medtronic, Inc. and Covidien plc are combined with Medtronic, plc. Are expected to begin trading on New York stock exchange.
Atmel acquired Microchip which is leading provider of microcontroller and analogue

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North America Smart Pills Patient Monitoring 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

semiconductors and microchip launched products such as 8-bit, 16-bit and 32-bit featured MCU’S.

North America Smart Pills Patient Monitoring Market Research Report Includes:

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.

The primary market players are:

Novartis AG
MicroCHIPS
Proteus pharmaceuticals
Vitality
Medtronic

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