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.
The market is valued at $ 534.38 million in 2017 and is expected to reach $ 2683.24 million by 2024 at a CAGR of 20.49%. 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 across the globe.
Starting from $2700
Starting from $2700
Starting from $2700
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