Middle East and Africa Smart Pill Technologies Market Growth Factors 2021
The Middle-East and Africa Smart Pill Technologies market has been estimated at USD 176 Million in 2016 and is projected to reach USD 392.30 Million by 2021, at a CAGR of 17.38%
(EMAILWIRE.COM, December 12, 2017 ) Smart pill technology is a revolutionary technological innovation that has reduced the gap between healthcare and digital technology. This electronic device can be easily swallowed and provides complete evaluation of the gastrointestinal tract (GIT). The chronic therapy monitoring can help in curtailing health care costs as well.The market for Smart Pill Technologies is mainly driven due to rising prevalence of geriatric gastrointestinal diseases, changing lifestyle, favorable reimbursement scenario, patient preference for minimally invasive procedures, and technological advancements in endoscopy procedures. But, the market growth can be hampered due to possible health risks associated with a smart pill inserted into the body, privacy issues and ethical concerns and unawareness in people regarding this novel technology.
Middle-East and Africa 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.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-smart-pill-technologies-market-1688/request-sample
Geographically, market for Smart Pill Technologies is segmented into Middle-East region and Africa region. The market growth in this region is mainly due to the major market players expanding their business in the untapped areas of this region as they envisage a great potential.
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 Middle-East and Africa 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
Middle-East and Africa 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.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-smart-pill-technologies-market-1688/request-sample
Geographically, market for Smart Pill Technologies is segmented into Middle-East region and Africa region. The market growth in this region is mainly due to the major market players expanding their business in the untapped areas of this region as they envisage a great potential.
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 Middle-East and Africa 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
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results