Global Electronic Pill Market- Industry Analysis and Forecast (2019-2027)

1. Global Electronic Pill Market- Industry Analysis and Forecast (2019-2027) Global Electronic Pill Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 16.10 % during a forecast period. Global Electronic Pill Market The report study has analyzed the revenue impact of the COVID-19 pandemic on the sales revenue of the market leader, market followers, and market disrupters in the report, and the same is reflected in our analysis. An electronic pill has multichannel sensors, which will prove to be an important tool for healthcare technology towards an in-depth and detailed investigation of diseases. It is used to monitor temperature, pH, conductivity, and dissolved oxygen. It is also are used for diagnostics of various gastrointestinal tract diseases like colon cancer, colon polyps, and gastrointestinal bleeding. Global Electronic Pill Market, Dynamics: Digitalizing medication is a very promising modality for improving medication compliance. Innovative digital devices are making smart use of personalized data and bringing a revolution in healthcare technology. Electronics is playing a vital role in different areas like communication, entertainment, security, sports, and education. Technological advancement in terms of combining information and function from various electronic devices for personal medical treatments are based on individual

2. conditions. It presents an enormous opportunity for an improved, accessible, and affordable healthcare system. Despite the potential to revolutionize healthcare, there are several important limitations and concerns to consider with digitalizing medication. The design of the particular ingestible sensor limits its application to drugs taken orally at present. The medication affordability is another barrier with medication adherence, mainly for patients without drug insurance coverage. Global Electronic Pill Market, Segment Analysis: An electronic pill is covered by a chemically-resistant polyether-terketone coating. The pill moves through the gastrointestinal tract and starts to detect diseases and abnormalities. The pill can easily reach in areas like small and large intestines and deliver real-time information to an external system. Electronic pill technology makes usage of different components/parts drug reservoir, delivery pump, electronic microcontroller (MCU), wireless communication, and sensors. The component elements must be integrated in a way to protect small size, reliable manufacturing, and a safety profile fit for medical use. The capsule endoscopy application segment held the XX% share and is projected to maintain its dominance during the forecast period. The dominant position in the market is attributed to the rise in preferences toward non-invasive diagnostic procedures and gastrointestinal disorders across the globe. Global Electronic Pill Market, Regional Analysis: North America region is expected to contribute XX% share in the global electronic pill market. The maximum share in the market is attributed to the geriatric population, prevalence of gastrointestinal diseases like colorectal cancer, changing lifestyle, and unhealthy eating habits. The high incidence rate of colorectal cancer delivers favorable backgrounds, growing demand for rapid and precise diagnostics, adoption of advanced technology is some of the driving factors behind the regional market growth. Also, technological advancements in the healthcare sector, the incidence of colorectal cancer, and regulatory approval of new products are expected to boost market growth. Global Electronic Pill Market, Competitive Analysis: Some of the prominent key players in the market for electronic pills are focused on expanding their product portfolio by delivering advanced versions of existing devices. New entrants are focusing on breakthrough products with innovative affordable alternatives to existing products to make the most of the opportunities available in developing economies across the globe.

3. The objective of the report is to present a comprehensive analysis of the Global Electronic Pill Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Electronic Pill Market dynamics, structure by analyzing the market segments and projects the Global Electronic Pill Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Electronic Pill Market make the report investor’s guide. For more info: https://www.maximizemarketresearch.com/market-report/global-electronic-pill- market/65030/ Scope of the Global Electronic Pill Market Global Electronic Pill Market, By Component • Biocompatible Capsule Encasing Microsensors • Silicon Diodes -Sensitive Field-Effect Transistor • Control Chip • Radio Transmitter • Power Source Global Electronic Pill Market, By End User • Hospitals • Diagnostic Centers • Clinical Research Organizations • Medical Centers Global Electronic Pill Market, By Target Area

4. • Esophagus • Stomach • Small Intestine • Large Intestine Global Electronic Pill Market, By Application • Capsule Endoscopy • Drug Delivery • Patient Monitoring Global Electronic Pill Market, By Region • North America • Europe • Asia Pacific • Middle East & Africa • South America Key players operating in Global Electronic Pill Market • Proteus Digital Healt • HQ, Inc. • CapsoVision, Inc. • Medtronic Plc. • Intromedic • Olympus Corporations • IntroMedic Co., Ltd • RF Co., Ltd • Bio-Images Drug Delivery BDD LTD • JINSHAN Science & Technology • Check-Cap • Koninklijke Philips N.V.

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