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The smart pills technology is the grouping of the technology and healthcare focusing on the medication
copy based on various factors such as pressure pH, density, temperature, etc. Diseases pertaining to
gastrointestinal tracks such as gastroparesis, hemorrhoids, gastroesophageal reflux diseases (GERD),
colitis, constipation, gastric ulcers, and diarrhea are expected to provide this market with a growth
platform. Furthermore, technological advancements comprising of software-based wireless capsules,
analysis, enteroscopy, esophageal stenting, and few and esophageal banding clubbed with growing
demand for negligibly invasive surgical procedures are also anticipated to propel the growth of smart
The global Smart Pills market has be categorized into target area, application and regions. Based on the
target area the market has been segmented into esophagus, stomach, small intestine and large intestine.
Applications segment has be categorized into drug delivery, capsule endoscopy, and patient monitoring.
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The major factors driving the smart pills market are rise in the increased patient preference for minimal
invasive surgeries, technological advancements in capsule endoscopes, favorable reimbursement
coverage in selected countries, growing incidences of colonel cancer, entended indication coverage for
the use of capsule endoscopes in Japan, bowel scope screening in anticipated to have a positive impact on
the endoscopy market majorly in U.K, aging population in Europe region, reimbursement approval of
diagnostic and screening capsule endoscopes for colon in Japan, and the endoscopy training workshop
and huge investment done by the government of Australia. Rising sophistication in smart pills to increase
prices and technological incompetence of capsule endoscopes are major factors that may hinder the
progress of the Smart Pills market in the near future. Additionally the growing opportunities for the
cross-domain collaborations, emerging smart cities and government funding in research and
development and innovation related to IoT are some of the major growth opportunities for the Smart
Pills market players.
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Geographically, the smart pills market has been bifurcated into five regions North America, Europe, Asia
Pacific, Middle East & Africa and Latin America. The smart pills market size and forecast period for each
region has been estimated from 2017 to 2023. Additionally the CAGR (%) for the forecasted period 2017
to 2023. The study also includes market estimates for major countries/regions such as the U.S, the U.K.,
Germany, France, Japan, China, India, GCC, North Africa, South Africa and Brazil. The detailed analysis by
target area, application, and regions supports in evaluating the present scenario, growth prospects and
the future scenario for the Smart Pills market over the forecast period. Thus, the report delivers in-depth
segment analysis of the market and classifies it into various industries, thereby providing valuable
The growing aging population is anticipated to drive the Europe market for Smart Pills in the future
years. The major companies that are involved in Smart Pills are GE Healthcare, Given Imaging, Inc.,
Cerner Corporation, Proteus Digital Health, Inc., Karl Storz GmbH & Co. KG, Fujifilm Holdings Corporation,
Olympus Corporation, Medimetrics S.A. DE C.V, Pentax Medical Company, Boston Scientific Corporation,
Bio-Images Research Ltd., and Capsovision, Inc.
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