Smart Pills Technology Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2024 - 2030

Report Code: HCR 39877 Report Format: PDF + Excel

Smart Pills Technology Market Overview:

The Smart Pills Technology market size is forecast to reach US$4.9 billion by 2030, after growing at a CAGR of 16.2% during 2024-2030. Smart pills are diagnostic and therapeutic ingestible devices equipped with sensors, cameras and medication delivery systems that provide real-time data from within the body to diagnose or treat diseases. The increased prevalence of gastrointestinal diseases, demand for minimally invasive procedures and advancements in sensors and imaging technologies are driving the market. Furthermore, the increasing senior population and rise in remote patient monitoring, advancements in drug delivery systems are driving the extensive use of smart pill technologies.

AI and machine learning integration, along with biodegradable smart pills based on nanotechnology, are two prominent trends in the Smart Pills Technology Market. Artificial Intelligence (AI) is a primary enabler of precision medicine and is broadly used today. For example, the NaviCam SB Video Capsule Endoscopy System (AnX Robotica) is the first video capsule endoscopy system that utilizes a deep learning model-trained AI platform, ProScan, to assist physicians in identifying pathology in the small bowel. Additionally, research published in the journal, Trends in Biotechnology, reports that researchers are creating non-toxic and biodegradable smart pills from natural materials like melanin. These pills are designed for controlled drug release, facilitating their passage through the body and overcoming toxicity or physical blockages in the GI tract.

Market Snapshot: 


Smart Pills Technology Market - Report Coverage:

The “Smart Pills Technology Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Smart Pills Technology Market.

Attribute Segment

By Therapeutic Area

·         Gastroenterology

·         Oncology

·         Neurology

·         Cardiology

·         Others

By Target Organ

·         Oral Cavity

·         Esophagus

·         Stomach

·         Colon

·         Others

By Components

·         Sensors

·         Data Transmission Mechanism

·         Microprocessors

·         Power Source

By Type

·         Capsule Endoscopy Devices

·         Gas Sensing Pills

·         Medication Monitoring Pills

·         Electrochemical Sensing Pills

·         Others

By Application

·         Gastrointestinal Diagnostics

·         Drug Delivery

·         Patient Monitoring

·         Others

By End-User

·         Hospitals

·         Diagnostic Centers

·         Ambulatory Surgical Centers

·         Research Institutes

·         Others

By Geography

·         North America (U.S., Canada and Mexico)

·         Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe),

·         Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific),

·         South America (Brazil, Argentina, Chile, Colombia and Rest of South America)

·         Rest of the World (Middle East and Africa).

COVID-19 / Ukraine Crisis - Impact Analysis:  

  • The COVID-19 pandemic significantly impacted the Smart Pills Technology Market by accelerating the adoption of digital health solutions. With hospitals overwhelmed, the demand for remote patient monitoring surged. Smart pills, which offer real-time health data, became vital in managing chronic conditions. For instance, a surge in telemedicine usage fueled interest in innovative drug delivery systems, pushing healthcare providers to explore smart pills to optimize patient care remotely.
  • The Russia-Ukraine war disrupted global supply chains, leading to delays in the production and distribution of advanced medical devices, including smart pills. Rising material costs and logistical challenges slowed down market growth. As noted by industry analysts, geopolitical tensions also shifted healthcare investments toward more security needs, which diverted attention and funding away from technological innovations like smart pills, stalling research and commercialization in the short term.

Key Takeaways:

North America Region is Projected as Leading Region

North America is projected as the leading region in Smart Pills Technology Market. North America is the leading region in the Smart Pills Technology Market, primarily due to the high prevalence of gastrointestinal (GI) disorders and the advanced healthcare infrastructure in the region. The Centers for Disease Control and Prevention (CDC) estimates that between 2.4 and 3.1 million people in the U.S. suffer from inflammatory bowel disease (IBD), underscoring the significant demand for effective diagnostic and monitoring solutions like smart pills. Additionally, according to the American College of Gastroenterology, more than 5.5 million Americans experience fecal incontinence, with higher prevalence rates among older adults and women. This growing burden of gastrointestinal conditions drives the adoption of innovative technologies, including capsule endoscopy and ingestible sensors, which offer minimally invasive and accurate diagnostic options. Coupled with substantial investments in healthcare technology and strong support from regulatory bodies, these factors contribute to North America's dominant position in the Smart Pills Technology Market. The region's focus on early diagnosis and effective treatment further accelerates the market's growth, making it a global leader in this field.

Capsule Endoscopy Devices are the Largest Segment

Capsule endoscopy devices are the most dominant type in the Smart Pills Technology Market due to their unique ability to non-invasively examine the entire gastrointestinal (GI) tract, particularly the small intestine, which is challenging to access with traditional endoscopy. The small intestine, with its formidable length of 3-5 meters and narrow diameter, has been difficult to examine using conventional methods like flexible endoscopy, which can only access the proximal and distal segments. Capsule endoscopy overcomes these limitations by allowing patients to ingest a pill-sized device that captures thousands of images as it travels through the digestive tract, providing comprehensive visual data. According to a study by the School of Information Technology and Engineering at VIT University, Vellore, India, this technology is especially valuable for diagnosing small bowel disorders, such as bleeding lesions, tumors and inflammatory diseases like Crohn’s disease which were previously difficult to detect. Despite some limitations, such as variable transit speeds and the inability to offer therapeutic intervention, capsule endoscopy’s ability to provide detailed imaging of previously inaccessible areas has made it an essential tool in modern gastroenterology, driving its dominance in the market.

Gastrointestinal Diagnosis is the Largest Segment

The most dominant segment in the Smart Pills Technology Market by application is gastrointestinal diagnosis due to the increasing prevalence of people suffering from gastrointestinal (GI) disorders. Gastrointestinal diagnosis is essential for diagnosing conditions in the small bowel, esophagus, and colon, areas that are challenging to examine with traditional methods. The widespread prevalence of GI disorders, such as fecal incontinence (FI), further drives the demand for this technology. According to, the American Gastroenterological Association (AGA), approximately 1 in 12 adults worldwide suffer from FI, with higher rates among women and older adults. As the population ages and the incidence of GI disorders rises, the need for accurate, non-invasive diagnostic tools like capsule endoscopy continues to grow, solidifying its position as the most dominant segment in the Smart Pills Technology Market by application.

Increasing Prevalence of Gastrointestinal (GI) Diseases 

The increased prevalence of gastrointestinal (GI) diseases is a major driver in the Smart Pills Technology Market, primarily due to the rising demand for more effective diagnostic and treatment solutions. GI disorders, such as incontinence, affect a significant portion of the global population. According to the National Association for Continence, approximately 200 million people worldwide suffer from incontinence, underscoring the widespread nature of these conditions. Additionally, the aging global population further exacerbates the burden of GI diseases. The World Health Organization (WHO) projects that the number of individuals aged 60 and above will double by 2050, reaching 2.1 billion, while the population of those aged 80 and over is expected to triple to 426 million. As these age groups are more susceptible to GI disorders, there is an increasing need for advanced technologies, such as smart pills, that offer minimally invasive diagnostic and therapeutic options. This growing demand is fueling the expansion of the Smart Pills Technology Market, making it a critical area of focus for healthcare innovation. 

Capsule Retention in Digestive Tract to Hamper the Growth 

One of the major challenges in the Smart Pills Technology Market is the risk of capsule retention in the digestive tract, which can lead to serious complications. According to the Mayo Clinic, although capsule endoscopy is generally a safe procedure, there is a risk that the capsule can become lodged in the digestive tract, particularly in individuals with conditions that cause strictures, such as Crohn's disease or tumors. The likelihood of capsule retention is relatively low, but it can be higher in patients with a history of surgeries or known narrow areas in their intestines. Even when a CT scan is conducted beforehand to rule out these risks, there remains a small chance that the capsule could become stuck. If the capsule fails to pass naturally and causes symptoms, it may indicate a blockage in the bowel, necessitating surgical intervention or an endoscopy to remove the capsule. This potential complication underscores the need for careful patient screening and monitoring, adding a layer of complexity and risk to the adoption and use of smart pill technology.


Smart Pills Technology

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Key Market Players: 

Product/Service launches, approvals, patents and events, acquisitions, partnerships, and collaborations are key strategies adopted by players in the Smart Pills Technology Market. The top 10 companies in this industry are listed below:

  1. Medtronic
  2. CapsoVision
  3. Olympus Corporation
  4. IntroMedic
  5. Chongqing Jinshan Science & Technology (Group) Co., Ltd
  6. Check-Cap
  7. Otsuka Pharmaceutical
  8. SmartTab
  9.  RF Co., Ltd.
  10. AnX Robotica Corporation

Scope of the Report: 

Report Metric Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

16.2%

Market Size in 2030

$4.9 Billion

Segments Covered

By Therapeutic Area, By Target Organ, By Components, By Type, By Application, By End-User and By Geography.

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

1.      Medtronic

2.      CapsoVision

3.      Olympus Corporation

4.      IntroMedic

5.      Chongqing Jinshan Science & Technology (Group) Co., Ltd

6.      Check-Cap

7.      Otsuka Pharmaceutical

8.      SmartTab

9.      RF Co., Ltd.

10.  AnX Robotica Corporation

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  1.    Smart Pills Technology Market - Overview
      1.1.    Definitions and Scope
  2.    Smart Pills Technology Market - Executive Summary
      2.1.    Key trends by Therapeutic Area
      2.2.    Key trends by Target Organ
      2.3.    Key trends by Components
      2.4.    Key trends by Type
      2.5.    Key trends by Application
      2.6.    Key trends by End-User
      2.7.    Key trends by Geography
  3.    Smart Pills Technology Market - Comparative Analysis
      3.1.    Company Benchmarking - Key Companies
      3.2.    Financial Analysis - Key Companies
      3.3.    Market Share Analysis - Key Companies
      3.4.    Patent Analysis
      3.5.    Pricing Analysis
  4.    Smart Pills Technology Market - Start-up Companies Scenario
      4.1.    Key Start-up Company Analysis by
            4.1.1.    Investment & Revenue
            4.1.2.    Venture Capital and Funding Scenario
  5.    Smart Pills Technology Market – Market Entry Scenario Premium
      5.1.    Regulatory Framework Overview
      5.2.    New Business and Ease of Doing Business Index
      5.3.    Case Studies of Successful Ventures
  6.    Smart Pills Technology Market - Forces
      6.1.    Market Drivers
      6.2.    Market Constraints
      6.3.    Market Challenges
      6.4.    Porter's Five Force Model
            6.4.1.    Bargaining Power of Suppliers
            6.4.2.    Bargaining Powers of Customers
            6.4.3.    Threat of New Entrants
            6.4.4.    Rivalry Among Existing Players
            6.4.5.    Threat of Substitutes
  7.    Smart Pills Technology Market – Strategic Analysis
      7.1.    Value Chain Analysis
      7.2.    Opportunities Analysis
      7.3.    Product Life Cycle/Market Life Cycle Analysis
      7.4.    Supplier/Distributor Analysis
  8.    Smart Pills Technology Market – By Therapeutic Area (Market Size – $Million/$Billion)
      8.1.    Gastroenterology
      8.2.    Oncology
      8.3.    Neurology
      8.4.    Cardiology
      8.5.    Others
  9.    Smart Pills Technology Market – By Target Organ (Market Size – $Million/$Billion)
      9.1.    Oral Cavity
      9.2.    Esophagus
      9.3.    Stomach
      9.4.    Colon
      9.5.    Others
  10.    Smart Pills Technology Market– By Components (Market Size – $Million/$Billion)
      10.1.    Sensors
      10.2.    Data Transmission Mechanism
      10.3.    Microprocessors
      10.4.    Power Source
  11.    Smart Pills Technology Market– By Type (Market Size – $Million/$Billion)
      11.1    Capsule Endoscopy Devices
      11.2    Gas Sensing Pills
      11.3    Medication Monitoring Pills
      11.4    Electrochemical Sensing Pills
      11.5    Others
  12.    Smart Pills Technology Market– By Application (Market Size – $Million/$Billion)
      12.1    Gastrointestinal Diagnostics
      12.2    Drug Delivery
      12.3    Patient Monitoring
      12.4    Others
  13.    Smart Pills Technology Market– By End-User (Market Size – $Million/$Billion)
      13.1.    Hospitals
      13.2.    Diagnostic Centers
      13.3.    Ambulatory Surgical Centers
      13.4.    Research Institutes
      13.5.    Others
  14.    Smart Pills Technology Market – by Geography (Market Size – $Million/$Billion) 
      14.1.    North America
            14.1.1.    U.S
            14.1.2.    Canada
            14.1.3.    Mexico
      14.2.    Europe
            14.2.1.    Germany
            14.2.2.    France
            14.2.3.    UK
            14.2.4.    Italy
            14.2.5.    Spain
            14.2.6.    Russia
            14.2.7.    Rest of Europe
      14.3.    Asia-Pacific
            14.3.1.    China
            14.3.2.    Japan
            14.3.3.    South Korea
            14.3.4.    India
            14.3.5.    Australia & New Zealand
            14.3.6.    Rest of Asia-Pacific
      14.4.     South America
            14.4.1.    Brazil
            14.4.2.    Argentina
            14.4.3.    Chile
            14.4.4.    Colombia
            14.4.5.    Rest of South America
      14.5.    Rest of The World
            14.5.1.    Middle East
            14.5.2.    Africa
  15.    Smart Pills Technology Market – Entropy
      15.1.    New product launches
      15.2.    M&A's, collaborations, JVs and partnerships
  16.    Smart Pills Technology Market – Industry/Segment Competition Landscape 
      16.1.    Market Share Analysis
            16.1.1.    Market Share by Global 
            16.1.2.    Market Share by Region
            16.1.3.    Market Share by Country
  17.    Smart Pills Technology Market – Key Company List by Country Premium 
  18.    Smart Pills Technology Market – Company Analysis
      18.1.    Medtronic
      18.2.    CapsoVision
      18.3.    Olympus Corporation
      18.4.    IntroMedic
      18.5.    Chongqing Jinshan Science & Technology (Group) Co., Ltd
      18.6.    Check-Cap
      18.7.    Otsuka Pharmaceutical
      18.8.    SmartTab
      18.9.    RF Co., Ltd.
      18.10.    AnX Robotica Corporation
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LIST OF TABLES

1.Global SMART PILLS MARKET, BY TARGET AREA Market 2023-2030 ($M)
1.1 Esophagus Market 2023-2030 ($M) - Global Industry Research
1.2 Stomach Market 2023-2030 ($M) - Global Industry Research
1.3 Small Intestine Market 2023-2030 ($M) - Global Industry Research
1.4 Large Intestine Market 2023-2030 ($M) - Global Industry Research
2.Global SMART PILLS MARKET, BY DISEASE INDICATION Market 2023-2030 ($M)
2.1 Esophagus Diseases Market 2023-2030 ($M) - Global Industry Research
2.2 Small Bowel Disease Market 2023-2030 ($M) - Global Industry Research
2.2.1 Crohns Disease Market 2023-2030 ($M)
2.2.2 Small bowel tumors Market 2023-2030 ($M)
2.2.3 Celiac disease Market 2023-2030 ($M)
2.3 Colon Diseases Market 2023-2030 ($M) - Global Industry Research
3.Global SMART PILLS MARKET, BY END USER Market 2023-2030 ($M)
3.1 Diagnostic Centers Market 2023-2030 ($M) - Global Industry Research
3.2 Hospitals Market 2023-2030 ($M) - Global Industry Research
3.3 Research Institutes Market 2023-2030 ($M) - Global Industry Research
4.Global SMART PILLS MARKET, BY TARGET AREA Market 2023-2030 (Volume/Units)
4.1 Esophagus Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Stomach Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Small Intestine Market 2023-2030 (Volume/Units) - Global Industry Research
4.4 Large Intestine Market 2023-2030 (Volume/Units) - Global Industry Research
5.Global SMART PILLS MARKET, BY DISEASE INDICATION Market 2023-2030 (Volume/Units)
5.1 Esophagus Diseases Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Small Bowel Disease Market 2023-2030 (Volume/Units) - Global Industry Research
5.2.1 Crohns Disease Market 2023-2030 (Volume/Units)
5.2.2 Small bowel tumors Market 2023-2030 (Volume/Units)
5.2.3 Celiac disease Market 2023-2030 (Volume/Units)
5.3 Colon Diseases Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global SMART PILLS MARKET, BY END USER Market 2023-2030 (Volume/Units)
6.1 Diagnostic Centers Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Hospitals Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 Research Institutes Market 2023-2030 (Volume/Units) - Global Industry Research
7.North America SMART PILLS MARKET, BY TARGET AREA Market 2023-2030 ($M)
7.1 Esophagus Market 2023-2030 ($M) - Regional Industry Research
7.2 Stomach Market 2023-2030 ($M) - Regional Industry Research
7.3 Small Intestine Market 2023-2030 ($M) - Regional Industry Research
7.4 Large Intestine Market 2023-2030 ($M) - Regional Industry Research
8.North America SMART PILLS MARKET, BY DISEASE INDICATION Market 2023-2030 ($M)
8.1 Esophagus Diseases Market 2023-2030 ($M) - Regional Industry Research
8.2 Small Bowel Disease Market 2023-2030 ($M) - Regional Industry Research
8.2.1 Crohns Disease Market 2023-2030 ($M)
8.2.2 Small bowel tumors Market 2023-2030 ($M)
8.2.3 Celiac disease Market 2023-2030 ($M)
8.3 Colon Diseases Market 2023-2030 ($M) - Regional Industry Research
9.North America SMART PILLS MARKET, BY END USER Market 2023-2030 ($M)
9.1 Diagnostic Centers Market 2023-2030 ($M) - Regional Industry Research
9.2 Hospitals Market 2023-2030 ($M) - Regional Industry Research
9.3 Research Institutes Market 2023-2030 ($M) - Regional Industry Research
10.South America SMART PILLS MARKET, BY TARGET AREA Market 2023-2030 ($M)
10.1 Esophagus Market 2023-2030 ($M) - Regional Industry Research
10.2 Stomach Market 2023-2030 ($M) - Regional Industry Research
10.3 Small Intestine Market 2023-2030 ($M) - Regional Industry Research
10.4 Large Intestine Market 2023-2030 ($M) - Regional Industry Research
11.South America SMART PILLS MARKET, BY DISEASE INDICATION Market 2023-2030 ($M)
11.1 Esophagus Diseases Market 2023-2030 ($M) - Regional Industry Research
11.2 Small Bowel Disease Market 2023-2030 ($M) - Regional Industry Research
11.2.1 Crohns Disease Market 2023-2030 ($M)
11.2.2 Small bowel tumors Market 2023-2030 ($M)
11.2.3 Celiac disease Market 2023-2030 ($M)
11.3 Colon Diseases Market 2023-2030 ($M) - Regional Industry Research
12.South America SMART PILLS MARKET, BY END USER Market 2023-2030 ($M)
12.1 Diagnostic Centers Market 2023-2030 ($M) - Regional Industry Research
12.2 Hospitals Market 2023-2030 ($M) - Regional Industry Research
12.3 Research Institutes Market 2023-2030 ($M) - Regional Industry Research
13.Europe SMART PILLS MARKET, BY TARGET AREA Market 2023-2030 ($M)
13.1 Esophagus Market 2023-2030 ($M) - Regional Industry Research
13.2 Stomach Market 2023-2030 ($M) - Regional Industry Research
13.3 Small Intestine Market 2023-2030 ($M) - Regional Industry Research
13.4 Large Intestine Market 2023-2030 ($M) - Regional Industry Research
14.Europe SMART PILLS MARKET, BY DISEASE INDICATION Market 2023-2030 ($M)
14.1 Esophagus Diseases Market 2023-2030 ($M) - Regional Industry Research
14.2 Small Bowel Disease Market 2023-2030 ($M) - Regional Industry Research
14.2.1 Crohns Disease Market 2023-2030 ($M)
14.2.2 Small bowel tumors Market 2023-2030 ($M)
14.2.3 Celiac disease Market 2023-2030 ($M)
14.3 Colon Diseases Market 2023-2030 ($M) - Regional Industry Research
15.Europe SMART PILLS MARKET, BY END USER Market 2023-2030 ($M)
15.1 Diagnostic Centers Market 2023-2030 ($M) - Regional Industry Research
15.2 Hospitals Market 2023-2030 ($M) - Regional Industry Research
15.3 Research Institutes Market 2023-2030 ($M) - Regional Industry Research
16.APAC SMART PILLS MARKET, BY TARGET AREA Market 2023-2030 ($M)
16.1 Esophagus Market 2023-2030 ($M) - Regional Industry Research
16.2 Stomach Market 2023-2030 ($M) - Regional Industry Research
16.3 Small Intestine Market 2023-2030 ($M) - Regional Industry Research
16.4 Large Intestine Market 2023-2030 ($M) - Regional Industry Research
17.APAC SMART PILLS MARKET, BY DISEASE INDICATION Market 2023-2030 ($M)
17.1 Esophagus Diseases Market 2023-2030 ($M) - Regional Industry Research
17.2 Small Bowel Disease Market 2023-2030 ($M) - Regional Industry Research
17.2.1 Crohns Disease Market 2023-2030 ($M)
17.2.2 Small bowel tumors Market 2023-2030 ($M)
17.2.3 Celiac disease Market 2023-2030 ($M)
17.3 Colon Diseases Market 2023-2030 ($M) - Regional Industry Research
18.APAC SMART PILLS MARKET, BY END USER Market 2023-2030 ($M)
18.1 Diagnostic Centers Market 2023-2030 ($M) - Regional Industry Research
18.2 Hospitals Market 2023-2030 ($M) - Regional Industry Research
18.3 Research Institutes Market 2023-2030 ($M) - Regional Industry Research
19.MENA SMART PILLS MARKET, BY TARGET AREA Market 2023-2030 ($M)
19.1 Esophagus Market 2023-2030 ($M) - Regional Industry Research
19.2 Stomach Market 2023-2030 ($M) - Regional Industry Research
19.3 Small Intestine Market 2023-2030 ($M) - Regional Industry Research
19.4 Large Intestine Market 2023-2030 ($M) - Regional Industry Research
20.MENA SMART PILLS MARKET, BY DISEASE INDICATION Market 2023-2030 ($M)
20.1 Esophagus Diseases Market 2023-2030 ($M) - Regional Industry Research
20.2 Small Bowel Disease Market 2023-2030 ($M) - Regional Industry Research
20.2.1 Crohns Disease Market 2023-2030 ($M)
20.2.2 Small bowel tumors Market 2023-2030 ($M)
20.2.3 Celiac disease Market 2023-2030 ($M)
20.3 Colon Diseases Market 2023-2030 ($M) - Regional Industry Research
21.MENA SMART PILLS MARKET, BY END USER Market 2023-2030 ($M)
21.1 Diagnostic Centers Market 2023-2030 ($M) - Regional Industry Research
21.2 Hospitals Market 2023-2030 ($M) - Regional Industry Research
21.3 Research Institutes Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Smart Pills Technology Market Revenue, 2023-2030 ($M)
2.Canada Smart Pills Technology Market Revenue, 2023-2030 ($M)
3.Mexico Smart Pills Technology Market Revenue, 2023-2030 ($M)
4.Brazil Smart Pills Technology Market Revenue, 2023-2030 ($M)
5.Argentina Smart Pills Technology Market Revenue, 2023-2030 ($M)
6.Peru Smart Pills Technology Market Revenue, 2023-2030 ($M)
7.Colombia Smart Pills Technology Market Revenue, 2023-2030 ($M)
8.Chile Smart Pills Technology Market Revenue, 2023-2030 ($M)
9.Rest of South America Smart Pills Technology Market Revenue, 2023-2030 ($M)
10.UK Smart Pills Technology Market Revenue, 2023-2030 ($M)
11.Germany Smart Pills Technology Market Revenue, 2023-2030 ($M)
12.France Smart Pills Technology Market Revenue, 2023-2030 ($M)
13.Italy Smart Pills Technology Market Revenue, 2023-2030 ($M)
14.Spain Smart Pills Technology Market Revenue, 2023-2030 ($M)
15.Rest of Europe Smart Pills Technology Market Revenue, 2023-2030 ($M)
16.China Smart Pills Technology Market Revenue, 2023-2030 ($M)
17.India Smart Pills Technology Market Revenue, 2023-2030 ($M)
18.Japan Smart Pills Technology Market Revenue, 2023-2030 ($M)
19.South Korea Smart Pills Technology Market Revenue, 2023-2030 ($M)
20.South Africa Smart Pills Technology Market Revenue, 2023-2030 ($M)
21.North America Smart Pills Technology By Application
22.South America Smart Pills Technology By Application
23.Europe Smart Pills Technology By Application
24.APAC Smart Pills Technology By Application
25.MENA Smart Pills Technology By Application
26.CapsoVision, Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Check-Cap Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.HQ.Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.IntroMedic Co., Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.JINSHAN Science Technology, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Koninklijke Philips N.V., Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Medtronic plc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.OLYMPUS Corporation., Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Proteus Digital Health, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.RF Co., Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)

The Smart Pills Technology Market is projected to grow at 16.2% CAGR during the forecast period 2024-2030.

The Smart Pills Technology Market size is estimated to be $1.7 billion in 2023 and is projected to reach $4.9 million by 2030

The leading players in the Smart Pills Technology Market are Medtronic, CapsoVision, Olympus Corporation, IntroMedic, Chongqing Jinshan Science & Technology (Group) Co., Ltd, and Others.

AI and machine learning integration along with biodegradable smart pills based on nanotechnology are some of the major Smart Pills Technology Market trends in the industry which will create growth opportunities for the market during the forecast period.

The increased prevalence of gastrointestinal diseases, demand for minimally invasive procedures, advancements in sensors and imaging technologies, increasing senior population, rise in remote patient monitoring, advancements in drug delivery systems are the driving