Today: December 14, 2017, 6:06 pm
  
Health

Europe Smart Pill Technologies Market Forecast Report 2021

The Europe Smart Pill Technologies market has been estimated at USD 594 Million in 2016 and is projected to reach USD 1302.31 Million by 2021, at a CAGR of 17.0%
Browse And Choose From Our World Class Research Reports
Browse And Choose From Our World Class Research Reports
PR-Inside.com: 2017-12-07 12:58:07
Smart pill technology is used to diagnose gastrointestinal disorders such as gastroparesis and constipation. The primary function of the system includes medication recording for the patient, with information pertaining to various parameters such as pressure, temperature and pH of gastrointestinal facts. The technology is expected to improve outcomes and workflow and decrease hospital readmissions.


The market for Smart Pill Technologies is mainly driven due to increased prevalence of gastrointestinal diseases, sedentary lifestyle and high patient compliance on account of minimally invasive techniques. The advent of novel technologies such as catheter-less pH monitoring, ingestible sensors and wireless capsule based GI monitoring would raise an accelerated market growth. But, the market growth can be restrained due to possible health risks associated with a smart pill inserted into the body, privacy issues and ethical concerns.

Free sample of the report is available @ www.marketdataforecast.com/market-reports/europe-smart-pill-tech ..

Europe market for Smart Pill Technologies is segmented based on Application. By Application, the market is further sub-segmented into Capsule Endoscopy, Drug Delivery, Patient monitoring. Capsule Endoscopy segment is further sub-segmented into Small Bowel Video Capsule Endoscopy, Colon Capsule Endoscopy, OMOM Capsule Endoscopy Platform, MiroCam, Upgraded MiroCam and Advanced Capsule Endoscope, The ANKON MCE System and CapsoCam. Capsule endoscopy segment is expected to be one of the largest markets owing to the advantages attached such as disease diagnosis in small intestine. Drug delivery market is also expected to experience growth due to the benefit of improving medication efficiencies, improving patient compliance & convenience, and fast paced technology.

Geographically, Europe market for Smart Pill Technologies is segmented into Germany, U.K., Spain, France and Italy. Europe is the second biggest market in terms of market share across the globe. The market in Europe is highly driven due to advanced healthcare infrastructure, increasing awareness about GI diseases among patient and physician, high adoption of technological developments, growing geriatric population which is creating wide range of opportunities for market players.

CapsoVision, Inc., Given Imaging, Inc., Medimetrics S.A. de C.V., Olympus Corporation, Bio-Images Research Limited, Novartis, Given Imaging Ltd, Philips Healthcare, Smartpill, Inc., Medtronic, Inc., Pentax Medical Company, Siemens Healthcare, Stryker Corporation, GE Healthcare, Boston Scientific Corporation, IntroMedic Inc., Chongqing Jinshan Science & Technology Group Co. Ltd., Proteus Digital Health Inc., are the major players of Europe Smart Pill Technologies market.

About Market Data Forecast

Market Data Forecast is a well versed market research firm catering solutions in the fields of market research, business intelligence and consulting. With a profound knowledge about the global market activities coupled with a customized approach. We render services in the most gripping markets like healthcare, agriculture and food & Beverages

Press Information
Market Data Forecast
Hyderabad, India

Abhishek
Sales manager
+1-888-702-9626
email
www.marketdataforecast.com/


# 462 Words
Related Articles
More From The Author
Europe Precision Medicine Market Growth Forecast Report [..]
Precision Medicine refers to the tailoring of medical treatment to the individual characteristics of each patient. This new [..]
Europe Medical Aesthetics Devices Market Forecast Report [..]
TheEurope medical aesthetic devices market is estimated to persist witnessing healthy growth as an increasing importance on [..]
Europe Biomaterials Market Growth Forecast Report 2021
The recent upsurge in the use of biomaterials is mainly attributed to the tremendous research on advancements in medical technology [..]
Europe Protein A Resins Market is at [..]
Protein A has application in biochemical research owing to its ability to bind immunoglobulin. Protein A is conjoined with other [..]
Europe Tomato Ketchup Market Growth Forecast Report [..]
The Europe Tomato Ketchup Market was worth USD 0.95 billion in 2016 and estimated to be growing at a CAGR [..]
 
More From Health
BioFridge Medical Refrigeration Devices Launches New Website
BioFridge is a leader in portable medical refrigeration and recently launched a new website at www.biofridge.com. The company’s products [..]
Advanced Wound Care Market Size & Forecast [..]
A research study titled, “Advanced Wound Care Market by Product and Application - Global Industry Analysis and Forecast To [..]
MyMedis.in Creates a New Paradigm in the [..]
MyMedis.In is a patient-centric portal designed to store a copy of your medical records in your medical wallet. The MyMedis.In [..]
Thonburi Healthcare Group (SET:THG) Eyes Leadership among [..]
Expands Thai Operations to Tap Aging-Society-Driven Demands, Co-invests in China, Myanmar to Boost Growths BANGKOK, Dec 7, [..]
Cannabis revolution brings unintended advancements
With the acceleration of technology and it's ever-growing, widespread use, the cannabis industry is not isolate from this societal [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.