Smart Pills Market Worth $8.98 Billion by 2024

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Global Smart Pills Market Worth 8.98 Billion by
2024
www.MarketsandMarkets.com
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According to a new market research report "Smart
Pills Market by Application (Capsule Endoscopy,
Drug Delivery, Patient Monitoring), by Target
Area (Esophagus, Stomach, Small Intestine, Large
Intestine), by Geography - Global Forecast to
2024 ", published by MarketsandMarkets, the Smart
Pills Market is expected to reach around 8.98
Billion by 2024, growing at a CAGR of 16.16 2014
- 2020 CAGR of 23.7 2020 - 2024.
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Browse 67 market data Tables and 29 Figures
spread through 200 Pages and in-depth TOC on
"Smart Pills Market http//www.marketsandmarkets
.com/Market-Reports/smart-pill-technology-market-8
40.html Early buyers will receive 10
customization on this report.  The Smart Pills
Market is segmented on the basis of applications
and regions. On the basis of applications, the
market is categorized into capsule endoscopy,
drug delivery, and patient monitoring. On the
basis of regions, the market is divided into
North America, Europe, Asia, and Rest of the
World (RoW Pacific countries, Africa, and Latin
America)
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The major factors driving the Smart Pills Market
are favorable reimbursement scenario across the
globe, patient preference for minimally invasive
procedures, and rising prevalence of colon
cancer. Moreover, benefits provided by the smart
pills technology such as increased sophistication
in endoscopy procedures, controlled drug
delivery, and remote patient monitoring are
resulting in the increasing adoption of smart
pills technology. However, technological
incompetence of capsule endoscopes, high costs,
and fear among patients regarding swallowing a
microchip are restraining the growth of this
market. A complete brochure for this
research is available _at_ http//www.marketsandmarke
ts.com/pdfdownload.asp?id840
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• Smart Pills Market, by Application
• Capsule Endoscopy
• Drug Delivery
• Patient Monitoring
• Smart Pills Market, by Region
• North America
• Europe
• Asia
• RoW
• The North American market commanded the largest
  share of the global Smart Pills Market in 2014.
  The Asian market, on the other hand, is
  relatively new, and the increasing
  reimbursements, training in endoscopes handling,
  and huge corporate investments in RD in
  countries like Japan will drive the growth of
  this market.
• The major players in the global Smart Pills
  Market are CapsoVision, Inc. (U.S.), Given
  Imaging, Inc. (Israel), Medimetrics S.A. de C.V.
  (Mexico), Olympus Corporation (Japan), and
  Bio-Images Research Limited (U.K.).

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