Market Overview:
The global electronic pill market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in the field of medical devices. The electronic pill market is segmented on the basis of type into esophagus, stomach, small intestine, and large intestine. On the basis of application, it is segmented into hospitals, diagnostic centers, clinical research organizations (CROs), and others (including home care settings). Geographically it is segmented into North America (the U.S., Canada), Latin America (Mexico and Brazil), Europe (Germany France Italy Spain United Kingdom Rest Of Europe), Asia Pacific excluding Japan)APeJ) China India Japan South Korea Australia New Zealand Rest Of APeJ),and Middle East & Africa MEA).
Product Definition:
An electronic pill is a pill that has been outfitted with a microchip and antenna. The chip sends data to a receiver worn by the patient, which records when the pill has been taken. This allows doctors to monitor whether patients are taking their medication as prescribed. Electronic pills can also be used to release drugs gradually over time, which can help improve patient compliance and reduce side effects.
Esophagus:
The esophagus is a long, flexible tube that connects the pharynx to the stomach. It's role in delivering electronic pills to patients and allowing them to swallow safely is critical. Esophageal dilation allows for easy pill swallowing while maintaining patient comfort; however, it can be challenging for physicians because of its elasticity and mobility.
Esophageal sphincter controls opening.
Stomach:
The Stomach is a hollow muscular organ located in the upper part of the abdomen. It plays an important role in breaking down food into smaller sizes so that they can enter the small intestine. The stomach also helps in absorbing vital nutrients from food and it plays a major role in digestion.
Application Insights:
Based on application, the global electronic pill market is segmented into hospitals, diagnostic centers, clinical research organizations and others. Hospitals held the largest share in 2017 owing to increasing prevalence of chronic diseases and rising number of surgeries. In addition, hospitals are considered as one of the prominent places for conducting clinical trials which further propels their demand.
The demand for e-pills at diagnostic centers is expected to witness significant growth over the forecast period due to technological advancements in e-pill devices along with an increase in R&D activities pertaining to new drug development at these centers. Furthermore, growing government initiatives towards reducing healthcare expenditure as well as improving medication accuracy are anticipated to propel its demand over the forecast period (2017 - 2030). The aforementioned factors are likely drive their market growth during future years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D investments by various companies and rising adoption of advanced technologies across this region. Moreover, high prevalence of chronic diseases such as cancer, diabetes, and heartburn among others are also contributing toward growth in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure & availability of effective treatment procedures along with growing awareness about available treatments for various diseases & disorders amongst people living in this region will drive demand for electronic pill over next eight years - 2030 - The Middle East & Africa (MEA) is also expected witness significant growth due to riseing number of research projects being undertaken by pharmaceutical companies based out MEA countries Such as UAE.
Growth Factors:
- Increasing prevalence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. According to a study by the World Health Organization (WHO), non-communicable diseases such as heart disease, stroke, cancer, and diabetes accounted for 63% of all deaths in 2012. This number is expected to rise to 73% by 2030. The electronic pill market will benefit from this trend as it offers a convenient and efficient way for patients to manage their chronic conditions.
- Rising demand for personalized medicine: There has been a growing demand for personalized medicine in recent years due to the unique needs and preferences of individual patients. This has led to an increase in the use of targeted therapies and personalized diagnostics techniques. Electronic pills are well suited for this application as they can be customized according to the specific needs of each patient.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Pill Market Research Report
By Type
Esophagus, Stomach, Small Intestine, Large Intestine
By Application
Hospitals, Diagnostic Centers, Clinical Research Organizations, Others
By Companies
CapsoVision, Given Imaging, Medimetrics, Bio-Images Drug Delivery BDD, Proteus Digital Health, Olympus, Medtronic, Medisafe, Chongqing Jinshan Science & Technology, IntroMedic, CapsoVision
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Pill Market Report Segments:
The global Electronic Pill market is segmented on the basis of:
Types
Esophagus, Stomach, Small Intestine, Large Intestine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Diagnostic Centers, Clinical Research Organizations, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CapsoVision
- Given Imaging
- Medimetrics
- Bio-Images Drug Delivery BDD
- Proteus Digital Health
- Olympus
- Medtronic
- Medisafe
- Chongqing Jinshan Science & Technology
- IntroMedic
- CapsoVision
Highlights of The Electronic Pill Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Esophagus
- Stomach
- Small Intestine
- Large Intestine
- By Application:
- Hospitals
- Diagnostic Centers
- Clinical Research Organizations
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Pill Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electronic pill is a medication that is delivered to the patient by way of an electronic device. This type of pill can be taken either orally or through a nasal spray.
Some of the major players in the electronic pill market are CapsoVision, Given Imaging, Medimetrics, Bio-Images Drug Delivery BDD, Proteus Digital Health, Olympus, Medtronic, Medisafe, Chongqing Jinshan Science & Technology, IntroMedic, CapsoVision.
The electronic pill market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electronic Pill Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electronic Pill Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electronic Pill Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electronic Pill Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electronic Pill Market Size & Forecast, 2020-2028
4.5.1 Electronic Pill Market Size and Y-o-Y Growth
4.5.2 Electronic Pill Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Esophagus
5.2.2 Stomach
5.2.3 Small Intestine
5.2.4 Large Intestine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Diagnostic Centers
6.2.3 Clinical Research Organizations
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electronic Pill Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electronic Pill Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Esophagus
9.6.2 Stomach
9.6.3 Small Intestine
9.6.4 Large Intestine
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Diagnostic Centers
9.10.3 Clinical Research Organizations
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Esophagus
10.6.2 Stomach
10.6.3 Small Intestine
10.6.4 Large Intestine
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Diagnostic Centers
10.10.3 Clinical Research Organizations
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Esophagus
11.6.2 Stomach
11.6.3 Small Intestine
11.6.4 Large Intestine
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Diagnostic Centers
11.10.3 Clinical Research Organizations
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Esophagus
12.6.2 Stomach
12.6.3 Small Intestine
12.6.4 Large Intestine
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Diagnostic Centers
12.10.3 Clinical Research Organizations
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Esophagus
13.6.2 Stomach
13.6.3 Small Intestine
13.6.4 Large Intestine
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Diagnostic Centers
13.10.3 Clinical Research Organizations
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electronic Pill Market: Competitive Dashboard
14.2 Global Electronic Pill Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CapsoVision
14.3.2 Given Imaging
14.3.3 Medimetrics
14.3.4 Bio-Images Drug Delivery BDD
14.3.5 Proteus Digital Health
14.3.6 Olympus
14.3.7 Medtronic
14.3.8 Medisafe
14.3.9 Chongqing Jinshan Science & Technology
14.3.10 IntroMedic
14.3.11 CapsoVision
