It can also provide alerts if the pill hasn't been consumed

The reason for the growth in the CAGR can be attributed to the increasing awareness in the latest innovative testing methods and the continuously improving economic conditions., Olympus Corporation, and Bio-Images Research Limited, IntroMedic Inc. Ltd.futuremarketinsights.Smart Pill Technologies Market: Key PlayersKey players in the global Nucleic Acid Testing market include CapsoVision, Inc., Medimetrics S. The growth in this region is primarily attributed to the early adoption of novel technologies, a large patient population, high disposable incomes and the fresh marketing and commercializing of smart pill products. In the coming years, global smart pill technologies market will witness significant developments in innovation of a wide range of new products that will require novel marketing approaches. North America and Europe collectively accounted for the largest market share in the overall smart pills technology market, in 2014. Pills can also tu to be useful in sending alert signals when medicines are past their expiry date. These smart pills have many benefits other than providing signals and alerts when consumed.comWebsite: www. Likewise the increasing disposable income to avail the evolving innovative technologies in the market will further help in penetration of the developed as well as developing countries.futuremarketinsights., Proteus Digital Health Inc. To illustrate: the smart pill technology combination of an ambulatory monitoring with anti-thrombolytic drug can reduce the number of physicians visits and ensure that anti-thrombolytic therapy is adjusted remotely while ensuring compliance.., Novartis AG, and Philips Healthcare.

Prevalence of Crohn's disease is 201 per 100,000 adults and Ulcerative colitis is 238 per 100,000 adults., Chongqing Jinshan Science & Technology Group Co.comThis release was published on openPR. The growing demand and escalating adoption rate for monitoring and treating diseases by newly advanced technologies has given an impetus to the global smart pill technologies market. The first capsule endoscope model, which is now regarded as a first-line tool for the detection of abnormalities of the small bowel, was the PillCam SB.Patients on medications such as antibiotics can be monitored and alerted to complete their course to ensure that drug resistance is not encountered.futuremarketinsights.ABOUT US:Future Market Insights (FMI) is a leading market intelligence and consulting firm.A.com/reports/sample/rep-gb-1151Smart Pill Technologies Market: SegmentationThe Smart pill technologies market is classified on the basis of application, disease indication and geography. Smart pill technologies is the converging link between digital technology and healthcare industries.V.

It can also provide alerts if the pill hasn't been consumed on a timely routine since multiple medications need to be taken by a large number of patients.Smart Pill Technologies Market: Drivers and RestraintsThe Smart pill technologies market is a flourishing market and has tremendous opportunities in future. GI monitoring application segment is expected to register fastest growth in the forecast period, amongst all other segments. Physicians do a good job of triangulating medications with their patients, since new additions/OTC medications are not routinely documented. It was approved in Japan in April 2007. While customizability is the feature of smart pill market, it can also prove to be a hindrance and can be very cumbersome since it would be difficult to manufacture according to individual consumer needs. North America accounted for about half the share of market revenue in 2014. It can alert the physician, patient, medical staff or the caretaker when the medicine has been consumed which will help in accurate documentation of patient compliance or adherence. Asia Pacific is expected to grow at a remarkable CAGR for smart pills technologies market due to increasing healthcare awareness. The rising prevalence of Gastro-intestinal diseases is acting as the major driver in the market. Capsule endoscopy accounted for the highest revenue in 2014. The smart pill technologies market is currently underpenetrated and in its nascent stage of development.3 Mn people suffer from IBD in the United States. Also the changing lifestyle related syndromes and disorders will further boost this market.Request Report Sample@ www. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends. The market has a wide scope in the monitoring and diagnosis of diseases.Smart Pill Technologies Market: Region-wise OutlookOn the basis of geography, Global Smart pill technologies market is segmented into seven key regions: North America, South America, Easte Europe, Weste Europe, Asia Pacific, Japan, and Middle East & Africa.616 Corporate Way, Suite 2-9018,Valley Cottage, NY 10989,United StatesT: +1-347-918-3531F: +1-845-579-5705Email:press@futuremarketinsights. By programming the pill accordingly, it can trigger a reminder according to the remainder time whenever the pill needs to be consumed. In the last few years the market has seen high percentage of acceptance towards usage due to non-invasiveness, better patient accessibility and thorough monitoring. Furthermore, adaptability is also a point of conce and these parameters can thus act as a restraint in the market. Even so, all technological advancements of this segment come with some caveats.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.Based on application, the global smart pill technologies market is segmented into the following: Capsule Endoscopy Small Bowel Video Capsule Endoscopy Colon Capsule Endoscopy OMOM Capsule Endoscopy Platform Small Bowel Capsule Endoscopy Controllable Capsule Endoscopy Storable Capsule Endoscope Colon Capsule Endoscope pH Capsule Wireless Monitoring System Impedance–pH Monitoring System MiroCam Upgraded MiroCam and Advanced Capsule Endoscope The ANKON MCE System CapsoCam Drug Delivery Patient monitoring of cancerBased on disease indication, the global smart pill technologies market is segmented into the following: Occult GI Bleeding Crohn’s Disease Small Bowel Tumors Celiac Disease Inherited Polyposis Syndromes. So with the use of smart pill technology, the data collected can further be of assistance by identifying potential drug-drug interactions, errors in dosage, schedule errors and help identify/prevent adverse events. The World Health Organization (WHO) has estimated that by 2050 world’s geriatric population count will reach around 2 Bn which will definitely contribute to the rapid growth of this market. Barriers to technology such as age, cost and utility, pose challenges which the manufacturers should attempt to overcome. The chronic therapy monitoring can help in curtailing health care costs as well. According to Centers for Disease Control and Prevention (CDC) 2015, it is currently estimated that about 1 –1. Although the maximum revenues are generated by the developed countries, it is also observed that CAGR in the developing countries are high.Request For TOC@ www. de C. The rising geriatric population will also act as a driver since this segment of population is more prone to IBD, Ulcerative colitis and Crohn's disease., Given Imaging, Inc. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature.com/toc/rep-gb-1151Smart Pill Technologies Market: OverviewThe smart pill technologies has recently entered the market and is rapidly penetrating the developed as well Gelatin capsules Manufacturers as developing countries