Global Smart Pill Technologies Market
According to the report " Smart Pill Technologies ", published by Market Data Forecast , the global market is projected to reach USD 4827.33 million by 2021 , at a CAGR of 17.5 % from 2016 to 2021 .
Smart Pill Technologies is the use of advanced methods for the preparation of prescription pills which has revolutionized patient monitoring , diagnosis of diseases and improved drug delivery . Smart pill technologies are the converging link between digital technology and healthcare industries .
The market is mainly driven due to benefits provided by the smart pills technology such as technological advancements in endoscopy procedures , targeted drug delivery , and easy remote patient monitoring . But , the market growth can be hampered due to higher associated cost and poor adaptation of technology especially in developing countries .
Global Market for Smart Pill Technologies is segmented based on Application into further sub-segments as follows :
By Application
1 . Capsule Endoscopy � � � � � � �
Small Bowel Video Capsule Endoscopy Colon Capsule Endoscopy OMOM Capsule Endoscopy Platform MiroCam Upgraded MiroCam and Advanced Capsule Endoscope The ANKON MCE System CapsoCam 2 . Drug Delivery 3 . Patient monitoring
Geographically , the market for Smart Pill Technologies is segmented as below : � � � �
North America Europe Asia-Pacific Latin America
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