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Global Ingestible Smart Pills Market to Create Lucrative Opportunities, While Expanding at a CAGR of 5.5% during 2017–2024

Press Release   •   Aug 24, 2017 07:52 EDT

Smart pills have outperformed the conventional GI monitoring endoscopy with more convenient technology and have a great future outlook. Considering this fact, Market Research Reports Search Engine (MRRSE) has recently publicized the addition of a new market report to its vast online repository with a title Ingestible Smart Pills Market: Global Industry Analysis and Forecast, 2016–2024”. This report on global ingestible smart pills market analyzes the present market conditions as well as the future potential of the market. As per the report, the global ingestible smart pills market will escalate at a CAGR of 5.5% over the forecast period of 2016- 2024.

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This report on global market for ingestible smart pills begins with an executive summary including the market overview and taxonomy. It is followed by an in-depth insights into the market dynamics such as key trends, drivers, restraints and opportunities that are impacting the market’s trajectory. It also includes analysis of different segments divided on the basis of component, end-user, application and geographic region. Based on component, the market is bifurcated into smart pills and workstation. Between these, the smart pills segment is regarded as the next big prospect in the global ingestible smart pills market, where many new and innovative advances are expected to take place over the coming years. The smart pills segment is estimated to generate rewarding business opportunity, increasing at a CAGR of 6.4% over the forecast period of 2016-2024. Major end-users of the global ingestible smart pills market are hospitals, clinics, research institutes and home healthcare. Geographically, the prominent regions analyzed in the report are North America, Europe, Latin America, Asia Pacific and Middle East and Africa. Among these regions, North America is the largest market in the world in terms of revenue and is expected to remain dominant throughout the forecast period.

In the final section of this report on the global ingestible smart pills market, a competitive landscape analysis is included to provide the readers with a dashboard view. Some of the key vendors operating in the global market are BodyCap-Medical, Given Imaging Ltd., Olympus Corporation, Philips Respironics, Proteus Digital Health Inc., Chongqing Jinshan Science and Component (Group) Co. Ltd., CapsoVision Inc, Medimetrics, IntroMedic Co. Ltd. and Check-Cap Ltd. among others

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