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Report explores the smart pills market research growing 23.7% CAGR to 2024

Report explores the smart pills market research growing 23.7% CAGR to 2024

Smart pills Market include medical devices and small embedded electronic appliances such as sensors, cameras and trackers. Smart pills Market Rising geriatric population base and prevalence of gastrointestinal (GI) disorders are expected to drive smart pills market growth over the forecast period. Geographically, North America, Europe, Asia Pacific, MEA and Latin America are key regional markets included in the scope of study.

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The Smart pills market in 2014 is valued at $1.56 billion. It is forecasted Smart pills market size to reach $3.83 billion in the year 2020, growing Smart pills market at a CAGR of 16.16% (2014 – 2020).

This will continue to reach $8.98 billion by the year 2024, growing at a CAGR of 23.7% (2020 – 2024).

North America is the largest Smart pills market.

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The high growth of this region can be attributed to the favorable reimbursement scenario, FDA approvals for smart pills, and rising investments by government and other agencies.

Smart Pills Market by Application (Capsule Endoscopy, Drug Delivery, Patient Monitoring), Target Area (Esophagus, Stomach, Small Intestine, Large Intestine) & Geography - Global Forecast to 2024 get sample copy @ www.rnrmarketresearch.com/contacts…ple?rname=328721

The healthcare industry is witnessing a paradigm shift from traditional devices to more sophisticated and programmed ones. Growing demand for noninvasive procedures, sophisticated drug delivery techniques, and improved patient monitoring solutions are propelling the growth of this market. 

The smart pills market is segmented on the basis of applications and regions. On the basis of applications, capsule endoscopy accounted for the largest share of the smart pills market in 2014.

On the basis of regions, North America is expected to grow at the highest CAGR during the forecast period. The high growth of this region can be attributed to the favorable reimbursement scenario, FDA approvals for smart pills, and investment by government and other agencies.

“Smart pills Market” spread across 200 pages, profiling 13+ companies and supported with 67 tables and 29 figures is now available at www.rnrmarketresearch.com/contacts…ount?rname=328721 

The global smart pills market is segmented on the basis of applications and regions. The market by applications is categorized into capsule endoscopy, drug delivery, and patient monitoring.

On the basis of regions, the market is divided into North America, Europe, Asia, and Rest of the World (RoW: Pacific countries, Africa, and Latin America).

The prominent players in the global smart pills market include CapsoVision, Inc. (U.S.), Given Imaging, Inc. (Israel), Medimetrics S.A. de C.V. (Mexico), Olympus Corporation (Japan), and Bio-Images Research Limited (U.K.).

Access this Report @ www.rnrmarketresearch.com/contacts…ase?rname=328721

Fundamental Key Point from Table of Content 

11 Industry Speaks
11.1 Supply Side
11.2 Demand Side 

12 Company Profiles (Overview, Financials, Products & Services, Strategy, and Developments)*

12.1 Acamp
12.2 Bio –Images Research Ltd.
12.3 Boston Scientific Corporation
12.4 Capsovision, Inc.
12.5 Cerner Corporation
12.6 Fujifilm Holdings Corporation
12.7 Ge Healthcare
12.8 Given Imaging, Inc
12.9 Karl Storz Gmbh & Co. KG
12.1 Medimetrics S.A. DE C.V
12.11 Olympus Corporation
12.12 Pentax Medical Company
12.13 Proteus Digital Health, Inc.

*Details on Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured in Case of Unlisted Companies.

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