iCrowd Newswire
22 Jan 2022, 07:50 GMT+10
Global Smart Pills Technology Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $627.1 million by 2026, registering a CAGR of 21.2% during the period 2018-2026. GI monitoring technology is forecast as the fastest growing segment, expected to register a CAGR of 42% during the forecast period. This growth is primarily supplemented by the growing popularity of smart pills in the monitoring of motility disorders.
Smart pill is a technological innovation that has bridged the unsought gap between healthcare and digital technology. The advent of novel smart pill technologies has revolutionized gastrointestinal (GI) monitoring and diagnosis techniques. Non-invasiveness, patient convenience and real time monitoring offered by smart pills boost their adoption in the treatment of numerous diseases. The growth of global smart pills technology market is supplemented by the growing adoption of capsule endoscopy, spurring demand for smart pills in GI monitoring and the rising prevalence of gastrointestinal diseases.
Download Research Sample with Industry Insights @ https://www.alliedmarketresearch.com/request-sample/707
COVID-19 scenario analysis:
1) The COVID-19 impact on the Smart pills technology market is unpredictable and is expected to remain in force till the fourth quarter of 2021.
2) The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and banned import-export of nonessential items for most of 2021. This led to sudden fall in the availability of important raw materials.
3) Moreover, nationwide lockdowns forced manufacturing facilities to partially or completely shut their operations.
4) Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of reliable and innovative drone analytics systems globally.
Inquiry for Short-term and Long-term Impacts of COVID-19 at: https://www.alliedmarketresearch.com/request-for-customization/707?reqfor=covid
Key Finding of Smart Pills Technology Market:
Capsule endoscopy accounted for the highest revenue in 2016
GI monitoring application segment is expected to register fastest growth forecast period, fastest among all segments
North America and Europe collectively accounted for the largest market share of 83% in the overall smart pills technology market, in 2016
List of Key Players Profiled in the Report:
Imaging Inc., Olympus Corporation, IntroMedic Inc., CapsoVision Inc., Chongqing Jinshan Science & Technology Group Co. Ltd., Proteus Digital Health Inc., Medimetrics.
To Get Discount, Make Purchase Inquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/707
Trending Reports In Healthcare Industry:
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Tags: Gastrointestinal Monitoring, Smart Pills Technology Market Share, Capsule Endoscopy, Smart Pills Technology, Smart Pills Technology Market
See Campaign: https://www.alliedmarketresearch.com/smart-pills-technology-marketContact Information:David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1(855)550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.comTags:Healthfirsto, Menafn, Reportedtimes, canadatousd, PR-Wirein, Empirits, Fexti, lebc, Dthai, Research Newswire, English
Get a daily dose of Philadelphia Herald news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Philadelphia Herald.
More InformationSYDNEY, NSW, Australia - The euro has jumped above 1.0700 in Asian trading Tuesday, but stocks have fallen sharply.The run ...
MILAN, Italy: Netflix and Italy have agreed to a $59 million settlement to to settle a four-year tax dispute, Milan ...
LONDON, England: British consumers continued to shop as normal last month, despite the highest inflation rate in 40 years, with ...
NEW YORK, New York - U.S. stocks rocketed higher Monday, a rally ignited by a weakening of the U.S. dollar ...
WASHINGTON D.C.: Following baby formula shortages throughout the United States, FDA Commissioner Robert Califf has said that Abbott Laboratories and ...
NEW DELHI, India: Skyroot, India's first privately held company to design, build and test a solid rocket propulsion system, successfully ...
TOKYO, Japan: China's efforts to develop areas in the East China Sea are "unacceptable," Japanese Prime Minister Fumio Kishida said ...
SAN FRANCISCO, California: In a letter released this week, the archbishop of San Francisco, Salvatore Cordileone, said U.S. House Speaker ...
BERLIN, Germany: At least 43 people were injured after a tornado struck the western German city of Paderborn on May ...
WASHINGTON D.C.: The Department of Justice has said that an American citizen and four Chinese intelligence officers have been charged ...
WASHINGTON D.C.: Due to the inability of businesses to hire enough workers, the U.S. has announced that it will grant ...
WASHINGTON D.C.: U.S. senators Elizabeth Warren and Mike Rounds have introduced a bipartisan resolution requesting the Federal Trade Commission (FTC) ...