The Business Research Company published its Smart Pills Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Smart Pills market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.
The report covers the smart pills market’s segments- by application: capsule endoscopy, patient monitoring, drug delivery and by end user: hospital, diagnostic center, research institute.
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Smart Pills Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
The global smart pills market is expected to decline from $2.5 billion in 2019 to $2.1 billion in 2020 at a compound annual growth rate (CAGR) of -7%. The decline is mainly due to the COVID-19 outbreak resulting in other patients delaying their episodes of care. The market is then expected to recover and reach $2.9 billion in 2023 at a CAGR of 3.9%.
Extensive research and development is being carried on the use of miniature chips such as Addressable Transmitters Operated as Magnetic Spins (ATOMS) which can be used as smart pills. ATOMS are silicon chip devices that use the principle of magnetic resonance imaging (MRI) to determine location of atoms in a patient’s body using magnetic fields. ATOMS can be used in ingestible smart pills to diagnose and treat diseases from within the body.
Few Points From Table Of Content
1. Executive Summary
2. Smart Pills Market Characteristics
3. Smart Pills Market Size And Growth
4. Smart Pills Market Segmentation
5. Smart Pills Market Regional And Country Analysis
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25. Smart Pills Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Smart Pills Market
27. Smart Pills Market Trends And Strategies
28. Smart Pills Market Future Outlook and Potential Analysis
29. Appendix
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Few Points From List Of Table
Table 1: Global Historic Market Growth, 2015-2019, $ Billion
Table 2: Global Forecast Market Growth, 2015-2019, 2023F, 2025F, 2030F, $ Billion
Table 3: Global Smart Pills Market, Segmentation By Application, Historic and Forecast, 2015-2019, 2023F, 2025F, 2030F, $ Billion
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Table 28: CapsoVision, Inc. Financial Performance
Table 29: Novartis AG Financial Performance
Table 30: Proteus Pharmaceuticals Financial Performance
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