Published by Coherent Market Insights
Posted on October 4, 2021
Currently known by several different names including ingestible tech, smart pills and electronic medicine, ingestible technology specifically refers to medical, electronic devices which are ingested by users to achieve or facilitate a wide range of medical care or diagnosis purposes. Some of the most common uses for this technology include promoting treatment for obesity, cardiac problems, pain management, brain function, and even stress management.
Request For Sample Copy of This Premium Research Ingestible Smart Pills Market @
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Increasing adoption of smart pills is expected to propel growth of the global ingestible smart pills market over the forecast period. For instance, in January 2020, New University of Colorado adopted etectRx, Inc.’s ID-Cap System in a clinical study of 180 patients to create a reliable record of adherence for over 20,000 doses of HIV medication.
Moreover, increasing prevalence of gastrointestinal diseases is expected to propel growth of the global ingestible smart pills market over the forecast period. For instance, according to the study, ‘A study of prevalence and determinants of irritable bowel syndrome in an urban slum community in Mumbai’, published in November 2018, the prevalence of irritable bowel syndrome was 12.27%, of which 56% were males and 44% were females.
The current coronavirus disease 2019 pandemic is placing a huge strain on health systems worldwide. As of August 17, 2021, the United Kingdom reported 6,295,613 coronavirus cases. Ingestible smart pills can help manage chronic conditions and promote medication adherence during the pandemic, which in turn is expected to ease the burden on already strained health systems. Such scenario is expected to offer lucrative growth opportunities for players in the ingestible smart pills market.
The ingestible smart pills market is expected to exhibit a CAGR of XX % over the forecast period, owing to increasing funding in smart pills. For instance, in March 2021, Vibrant, a medical technology company, raised US$ 7.5 million for a drug-free mechanical pill to treat constipation.
Among regions, North America is expected to witness significant growth in the ingestible smart pills market, owing to R&D in smart pills. For instance, in June 2019, etectRx Inc. announced that the United States Patent and Trademark Office has issued U.S. Patent 10,292,642 for an “Electronic Medication Compliance Monitoring System and Associated Methods.”
Major Players in Ingestible Smart Pills Market
BodyCap Medical, Given Imaging Ltd., Olympus Corporation, Proteus Digital Health, Inc., CapsoVision, Inc., Chongqing Jinshan Science and Component (Group) Co., Ltd., Medimetrics, IntroMedic Co., Ltd., Check-Cap Ltd., Boston Scientific Corporation, HQ Inc., Smart Pill Inc., Medtronic plc, Philips Healthcare, etectRx, Inc., Novartis, Siemens Healthcare, Pentax Medical Company (HOYA Corporation), GE Healthcare, and Stryker Corporation.
Ask for PDF sample copy of the Ingestible Smart Pills market report @
https://www.coherentmarketinsights.com/insight/request-pdf/4091
Ingestible Smart Pills Market insights will improve the revenue impact of businesses in various industries:
• providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Ingestible Smart Pills Market
• Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Ingestible Smart Pills market and offers solutions
• assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
• provides an understanding of disruptive technology trends to help businesses make their transitions smoothly
• helping leading companies make strategy recalibrations ahead of their competitors and peers
• Offers insights into promising growth for top players aiming to retain their leadership position in the market & supply-side analysis of the Ingestible Smart Pills market.
Reasons to Purchase this Report
Buy This Complete A Business Report With Flat US $2000 Off @
https://www.coherentmarketinsights.com/promo/buynow/4091
In conclusion, the Ingestible Smart Pills market report presents the descriptive analysis of the parent market supported elite players, present, past, and artistic movement information which is in a position to function as a profitable guide for all the Ingestible Smart Pills industry business competitors. Our expert research analyst’s team has been trained to supply in-depth marketing research reports from every individual sector which can be helpful to know the industry data within the most precise way.
Contact:
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
The post Ingestible Smart Pills Market – Covid-19 outbreak to boost demand for digital medicine by offering lucrative growth of the market appeared first on Gatorledger.
Currently known by several different names including ingestible tech, smart pills and electronic medicine, ingestible technology specifically refers to medical, electronic devices which are ingested by users to achieve or facilitate a wide range of medical care or diagnosis purposes. Some of the most common uses for this technology include promoting treatment for obesity, cardiac problems, pain management, brain function, and even stress management.
Request For Sample Copy of This Premium Research Ingestible Smart Pills Market @
https://www.coherentmarketinsights.com/insight/request-sample/4091
Increasing adoption of smart pills is expected to propel growth of the global ingestible smart pills market over the forecast period. For instance, in January 2020, New University of Colorado adopted etectRx, Inc.’s ID-Cap System in a clinical study of 180 patients to create a reliable record of adherence for over 20,000 doses of HIV medication.
Moreover, increasing prevalence of gastrointestinal diseases is expected to propel growth of the global ingestible smart pills market over the forecast period. For instance, according to the study, ‘A study of prevalence and determinants of irritable bowel syndrome in an urban slum community in Mumbai’, published in November 2018, the prevalence of irritable bowel syndrome was 12.27%, of which 56% were males and 44% were females.
The current coronavirus disease 2019 pandemic is placing a huge strain on health systems worldwide. As of August 17, 2021, the United Kingdom reported 6,295,613 coronavirus cases. Ingestible smart pills can help manage chronic conditions and promote medication adherence during the pandemic, which in turn is expected to ease the burden on already strained health systems. Such scenario is expected to offer lucrative growth opportunities for players in the ingestible smart pills market.
The ingestible smart pills market is expected to exhibit a CAGR of XX % over the forecast period, owing to increasing funding in smart pills. For instance, in March 2021, Vibrant, a medical technology company, raised US$ 7.5 million for a drug-free mechanical pill to treat constipation.
Among regions, North America is expected to witness significant growth in the ingestible smart pills market, owing to R&D in smart pills. For instance, in June 2019, etectRx Inc. announced that the United States Patent and Trademark Office has issued U.S. Patent 10,292,642 for an “Electronic Medication Compliance Monitoring System and Associated Methods.”
Major Players in Ingestible Smart Pills Market
BodyCap Medical, Given Imaging Ltd., Olympus Corporation, Proteus Digital Health, Inc., CapsoVision, Inc., Chongqing Jinshan Science and Component (Group) Co., Ltd., Medimetrics, IntroMedic Co., Ltd., Check-Cap Ltd., Boston Scientific Corporation, HQ Inc., Smart Pill Inc., Medtronic plc, Philips Healthcare, etectRx, Inc., Novartis, Siemens Healthcare, Pentax Medical Company (HOYA Corporation), GE Healthcare, and Stryker Corporation.
Ask for PDF sample copy of the Ingestible Smart Pills market report @
https://www.coherentmarketinsights.com/insight/request-pdf/4091
Ingestible Smart Pills Market insights will improve the revenue impact of businesses in various industries:
• providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Ingestible Smart Pills Market
• Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Ingestible Smart Pills market and offers solutions
• assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
• provides an understanding of disruptive technology trends to help businesses make their transitions smoothly
• helping leading companies make strategy recalibrations ahead of their competitors and peers
• Offers insights into promising growth for top players aiming to retain their leadership position in the market & supply-side analysis of the Ingestible Smart Pills market.
Reasons to Purchase this Report
Buy This Complete A Business Report With Flat US $2000 Off @
https://www.coherentmarketinsights.com/promo/buynow/4091
In conclusion, the Ingestible Smart Pills market report presents the descriptive analysis of the parent market supported elite players, present, past, and artistic movement information which is in a position to function as a profitable guide for all the Ingestible Smart Pills industry business competitors. Our expert research analyst’s team has been trained to supply in-depth marketing research reports from every individual sector which can be helpful to know the industry data within the most precise way.
Contact:
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
The post Ingestible Smart Pills Market – Covid-19 outbreak to boost demand for digital medicine by offering lucrative growth of the market appeared first on Gatorledger.
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