Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC737
Introduction
Digital pill is a pharmaceutical dosage form and it is consists of ingestible sensor inside of a pill. A small, swallowable sensor named AbilifyMyCite that tracks path when the patient swallows their medicines. The tablet is precisely targeted for population with mental health circumstances like bipolar disorder, schizophrenia are some of the diseases to firstly accept the usage of smart pills in market. Digital pills, which usually include a sensor is about the size of a particle and also, can travel securely from the body and interconnect with some type of external device, such as an application on smart phone or a wearable device such as smart bands or etc. The aim is to solve an expensive and big problem when patients are not completing the course or taking their medicines on time or neglecting the prescribed course.
Market Dynamics
The major factors driving the smart pills market are patient inclination for marginally invasive processes, and wide spread colon cancer in population. Furthermore, aids provided by the smart pills technology such as exact drug delivery, increased advancement in endoscopy processes, and patient monitoring irrespective of location are motivating people to adopt this technology. Due to inadequate technology of capsule endoscopes, and concerns among patients concerning about swallowing a micro-chip are halting the growth of this market.
Market Classification
The market can be bifurcated on the basis of application, and geography. By application, digital pill market can be classified as capsule endoscopy, drug delivery, patient monitoring. On the basis of geography, the digital pill market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.
Report Coverage
|
Market |
Digital Pill Market |
|
Analysis Period |
2015 – 2026 |
|
Historic Data |
2015 – 2016 |
|
Base Year |
2017 |
|
Forecast Data |
2018 – 2026 |
|
Market Stratification |
Application, Geography |
|
Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
|
Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
Some of the major players involved in Digital Pill Market include Olympus Corporation, Bio-Images Research Limited, CapsoVision Inc., Medimetrics S.A. De C.V., and Given Imaging Inc. among others.
Market Segmentation
Market By Application
- Capsule Endoscopy
- Drug Delivery
- Patient Monitoring
Market By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Chile
- Rest of LATAM
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA
