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Global Smart Pills Market Trajectory & Analytics Report 2020: U. S. Market is Estimated at $92.7 Million, While China is Forecast to Grow at 10.9%

Research and Markets
·5-min read

Dublin, Sept. 24, 2020 (GLOBE NEWSWIRE) -- The "Smart Pills - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Amid the COVID-19 crisis, the global market for Smart Pills estimated at US$314.2 Million in the year 2020, is projected to reach a revised size of US$668.2 Million by 2027, growing at a CAGR of 11.4% over the analysis period 2020-2027.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Esophagus, one of the segments analyzed in the report, is projected to record a 12% CAGR and reach US$152.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Small Intestine segment is readjusted to a revised 12.4% CAGR for the next 7-year period.

The U. S. Market is Estimated at $92.7 Million, While China is Forecast to Grow at 10.9% CAGR

The Smart Pills market in the U. S. is estimated at US$92.7 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$116.9 Million by the year 2027 trailing a CAGR of 10.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.1% and 9.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.2% CAGR.

Large Intestine Segment to Record 9.4% CAGR

In the global Large Intestine segment, USA, Canada, Japan, China and Europe will drive the 9.2% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$49.6 Million in the year 2020 will reach a projected size of US$91.9 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$78.6 Million by the year 2027.

The report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

  • Capsovision, Inc.

  • Check-Cap Ltd.

  • Hq, Inc.

  • IntroMedic

  • Jinshan Science & Technology (Group) Co., Ltd.

  • Koninklijke Philips NV

  • Medtronic PLC

  • Olympus Corporation

  • Proteus Digital Health, Inc.

  • RF Co., Ltd.

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares

  • Smart Pills Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

  • Smart Pills Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027

  • Smart Pills Market Share Shift across Key Geographies Worldwide: 2020 VS 2027

  • Esophagus (Target Area) World Market by Region/Country in US$ Thousand: 2020 to 2027

  • Esophagus (Target Area) Market Share Breakdown of Worldwide Sales by Region/Country: 2020 VS 2027

  • Small Intestine (Target Area) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027

  • Small Intestine (Target Area) Market Sales Breakdown by Region/Country in Percentage: 2020 VS 2027

  • Large Intestine (Target Area) Geographic Market Spread Worldwide in US$ Thousand: 2020 to 2027

  • Large Intestine (Target Area) Market Share Distribution in Percentage by Region/Country: 2020 VS 2027

  • Stomach (Target Area) World Market Estimates and Forecasts by Region/Country in US$ Thousand: 2020 to 2027

  • Stomach (Target Area) Market Share Breakdown by Region/Country: 2020 VS 2027

  • Capsule Endoscopy (Application) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2020-2027

  • Capsule Endoscopy (Application) Distribution of Global Sales by Region/Country: 2020 VS 2027

  • Drug Delivery (Application) Sales Estimates and Forecasts in US$ Thousand by Region/Country for the Years 2020 through 2027

  • Drug Delivery (Application) Global Market Share Distribution by Region/Country for 2020 and 2027

  • Patient Monitoring (Application) Global Opportunity Assessment in US$ Thousand by Region/Country: 2020-2027

  • Patient Monitoring (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2020 VS 2027

  • Hospital (End-Use) Worldwide Sales in US$ Thousand by Region/Country: 2020-2027

  • Hospital (End-Use) Market Share Shift across Key Geographies: 2020 VS 2027

  • Diagnostic Center (End-Use) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2020-2027

  • Diagnostic Center (End-Use) Market Share Breakdown by Region/Country: 2020 VS 2027

  • Research Institute (End-Use) Demand Potential Worldwide in US$ Thousand by Region/Country: 2020-2027

  • Research Institute (End-Use) Share Breakdown Review by Region/Country: 2020 VS 2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

IV. COMPETITION

  • Total Companies Profiled: 46

For more information about this report visit https://www.researchandmarkets.com/r/2xvrue

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