Europe Smart Pills Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (Capsule Endoscopy, Drug Delivery, and Patient Monitoring), Disease Indication (Gastrointestinal Diseases, Neurological Disorders, Cancer, Inherited Disorders, and Other Disease Indications), and End User (Hospitals and Clinics, Research Institutes, and Home Healthcare)
The Europe smart pills market is expected to reach US$ 2,054.19 million by 2028 from US$ 934.08 million in 2021. The market is estimated to grow at a CAGR of 11.9% from 2021 to 2028.
Strategic collaborations are vital for the overall growth of the smart pills market, as these collaborations help increase the influence of the players in the market. The players are involved in mergers, acquisitions, joint ventures, and partnerships. Furthermore, the investment levels in the smart pills market are rapidly growing. The rising popularity of smart pills among the populace attracts several investors. Various companies and investment firms are investing heavily in mergers, acquisitions, and startups. These factors can help boost the growth of the smart pills market. Collaborations agreements between research institutions & companies, licensing agreements & partnerships among companies, and augmented R&D investment in smart pills are a few other factors boosting the market growth. For instance, in January 2021, etectRx, Inc. entered into a partnership agreement with Pear Therapeutics, Inc. to develop two product candidates in the CNS space integrating adherence sensors and prescription digital therapeutics (PDTs). This is the first of its kind partnership in exploring the usage of digital pill solutions with PDTs. In August 2020, Otsuka acquired Proteus Digital Health, the smart pill manufacturer, for US$ 15 million.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the smart pills market. The Europe smart pills market is expected to grow at a good CAGR during the forecast period.
Europe Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
Europe Smart Pills Market Segmentation
The Europe smart pills market is segmented based on application, disease indication, and end user.Based on application, the market is segmented into capsule endoscopy, drug delivery, and patient monitoring. The capsule endoscopy segment is sub segmented into small bowel video capsule endoscopy, colon capsule endoscopy, controllable capsule endoscopy, storable capsule endoscopy, and other capsule endoscopy. Based on disease indication, the market is segmented into gastrointestinal diseases, neurological disorders, cancer, inherited disorders, and other disease indications. Based on end user, the market is segmented into hospitals and clinics, research institutes, and home healthcare. By Country, the Europe smart pills market is segmented into the UK, Germany, France, Italy, Spain, and the Rest of Europe.
Europe Smart Pills Market – Companies Mentioned
Medtronic; PENTAX Medical; Olympus Corporation; BodyCap; and Otsuka Holdings Co., Ltd are among the leading companies in the Europe smart pills market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Smart Pills Market – By Application
1.3.2 Europe Smart Pills Market – By Disease Indication
1.3.3 Europe Smart Pills Market – By End User
1.3.4 Europe Smart Pills Market – By Country
2. Europe Smart Pills Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Smart Pills Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe – PEST Analysis
4.3 Expert Opinion
5. Europe Smart Pills Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Demand for Minimally Invasive Surgical Procedures
5.1.2 Increase in Strategic Collaborations & Partnerships On Smart Pills
5.2 Market Restraints
5.2.1 High Cost of Smart Pill
5.3 Market Opportunities
5.3.1 Increasing Demand for Drug Delivery System
5.4 Future Trends
5.4.1 Remote Patient Monitoring Through Smart Pills
6. Europe Smart Pills Market – Country Analysis
6.1 Europe Smart Pills Market Revenue Forecast and Analysis
6.1.1 Europe: Smart Pills Market - Revenue and Forecast to 2028 (USD Million)
7. Europe Smart Pills Market Analysis – By Application
7.1 Overview
7.2 Europe Smart Pills Market, By Application, 2021 & 2028 (%)
7.2.1 Europe: Smart Pills Market, by Application, 2019-2028 (USD Million)
7.2.1.1 Europe: Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
7.3 Capsule Endoscopy
7.3.1 Overview
7.3.2 Capsule Endoscopy: Europe Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
7.3.3 Small Bowel Video Capsule Endoscopy
7.3.3.1 Overview
7.3.3.2 Small Bowel Video Capsule Endoscopy: Europe Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
7.3.4 Colon Capsule Endoscopy
7.3.4.1 Overview
7.3.4.2 Colon Capsule Endoscopy: Europe Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
7.3.5 Controllable Capsule Endoscopy
7.3.5.1 Overview
7.3.5.2 Controllable Capsule Endoscopy: Europe Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
7.3.6 Storable Capsule Endoscopy
7.3.6.1 Overview
7.3.6.2 Storable Capsule Endoscope: Europe Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
7.3.7 Other Capsule Endoscopy
7.3.7.1 Overview
7.3.7.2 Other Capsule Endoscopy: Europe Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
7.4 Drug Delivery
7.4.1 Overview
7.4.2 Drug Delivery: Europe Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
7.5 Patient Monitoring
7.5.1 Overview
7.5.2 Patient Monitoring: Europe Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
8. Europe Smart Pills Market Revenue and Forecasts To 2028 – Disease Indication
8.1 Overview
8.2 Europe Smart Pills Market Share by Disease Indication - 2021 & 2028 (%)
8.2.1 Europe: Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
8.3 Gastrointestinal Diseases
8.3.1 Overview
8.3.2 Gastrointestinal Diseases: Europe Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
8.4 Neurological Disorders
8.4.1 Overview
8.4.2 Neurological Disorders: Europe Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
8.5 Cancer
8.5.1 Overview
8.5.2 Cancer: Europe Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
8.6 Inherited Disorders
8.6.1 Overview
8.6.2 Inherited Disorders: Europe Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
8.7 Other Disease Indications
8.7.1 Overview
8.7.2 Other Disease Indications: Europe Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
9. Europe Smart Pills Market Revenue and Forecasts To 2028 – End User
9.1 Overview
9.2 Europe Smart Pills Market Share by End User - 2021 & 2028 (%)
9.2.1 Europe: Smart Pills Market, by End-User, 2019–2028 (USD Million)
9.3 Hospitals and Clinics
9.3.1 Overview
9.3.2 Hospitals and Clinics: Europe Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
9.4 Research Institutes
9.4.1 Overview
9.4.2 Research Institutes: Europe Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
9.5 Home Healthcare
9.5.1 Overview
9.5.2 Home Healthcare: Europe Smart Pills Market Revenue and Forecast to 2028 (US$ Million)
10. Europe Smart Pills Market –Country Analysis
10.1 Europe: Smart Pills Market
10.1.1 Overview
10.1.2 Europe: Smart Pills Market, by Country, 2021 & 2028 (%)
10.1.2.1 Germany: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.1 Overview
10.1.2.1.2 Germany: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.1.3 Germany: Europe Smart Pills Market, by Application, 2019-2028 (USD Million)
10.1.2.1.3.1 Germany: Europe Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.1.2.1.4 Germany: Europe Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.1.2.1.5 Germany: Europe Smart Pills Market, by End-User, 2019–2028 (USD Million)
10.1.2.2 UK: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.1 Overview
10.1.2.2.2 UK: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.2.3 UK: Europe Smart Pills Market, by Application, 2019-2028 (USD Million)
10.1.2.2.3.1 UK: Europe Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.1.2.2.4 UK: Europe Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.1.2.2.5 UK: Europe Smart Pills Market, by End User, 2019–2028 (USD Million)
10.1.2.3 France: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.1 Overview
10.1.2.3.2 France: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.3.3 France: Europe Smart Pills Market, by Application, 2019-2028 (USD Million)
10.1.2.3.3.1 France: Europe Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.1.2.3.4 France: Europe Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.1.2.3.5 France: Europe Smart Pills Market, by End User, 2019-2028 (USD Million)
10.1.2.4 Spain: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.4.1 Overview
10.1.2.4.2 Spain: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.4.3 Spain: Europe Smart Pills Market, by Application, 2019-2028 (USD Million)
10.1.2.4.3.1 Spain: Europe Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.1.2.4.4 Spain: Europe Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.1.2.4.5 Spain: Europe Smart Pills Market, by End User, 2019-2028 (USD Million)
10.1.2.5 Italy: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.5.1 Overview
10.1.2.5.2 Italy: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.5.3 Italy: Europe Smart Pills Market, by Application, 2019-2028 (USD Million)
10.1.2.5.3.1 Italy: Europe Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.1.2.5.4 Italy: Europe Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.1.2.5.5 Italy: Europe Smart Pills Market, by End User, 2019-2028 (USD Million)
10.1.2.6 Rest of Europe: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.6.1 Overview
10.1.2.6.2 Rest of Europe: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
10.1.2.6.3 Rest of Europe: Europe Smart Pills Market, by Application, 2019-2028 (USD Million)
10.1.2.6.3.1 Rest of Europe: Europe Smart Pills Market, by Capsule Endoscopy, 2019-2028 (USD Million)
10.1.2.6.4 Rest of Europe: Europe Smart Pills Market, by Disease Indication, 2019-2028 (USD Million)
10.1.2.6.5 Rest of Europe: Europe Smart Pills Market, by End User, 2019-2028 (USD Million)
11. Europe Smart Pills Market–Industry Landscape
11.1 Overview
11.2 Growth Strategies in the Europe Smart Pills Market, 2021-2028
11.3 Inorganic Growth Strategies
11.3.1 Overview
11.4 Organic Growth Strategies
11.4.1 Overview
12. Company Profiles
12.1 Medtronic
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.1.7 SWOT Analysis
12.1.8 Key Developments
12.2 Olympus Corporation
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 BodyCap
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Otsuka Holdings Co., Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Smart Pills Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 2. Europe Smart Pills Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 3. Europe Smart Pills Market, by Capsule Endoscopy – Revenue and Forecast to 2028 (USD Million)
Table 4. Europe Smart Pills Market, by Disease Indication – Revenue and Forecast to 2028 (USD Million)
Table 5. Europe Smart Pills Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 6. Germany Europe Smart Pills Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 7. Germany Europe Smart Pills Market, by Capsule Endoscopy – Revenue and Forecast to 2028 (USD Million)
Table 8. Germany Europe Smart Pills Market, by Disease Indication – Revenue and Forecast to 2028 (USD Million)
Table 9. Germany Europe Smart Pills Market, by End-User – Revenue and Forecast to 2028 (USD Million)
Table 10. UK Europe Smart Pills Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 11. UK Europe Smart Pills Market, by Capsule Endoscopy – Revenue and Forecast to 2028 (USD Million)
Table 12. UK Europe Smart Pills Market, by Disease Indication – Revenue and Forecast to 2028 (USD Million)
Table 13. UK Europe Smart Pills Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 14. France Europe Smart Pills Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 15. France Europe Smart Pills Market, by Capsule Endoscopy – Revenue and Forecast to 2028 (USD Million)
Table 16. France Europe Smart Pills Market, by Disease Indication – Revenue and Forecast to 2028 (USD Million)
Table 17. France Europe Smart Pills Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 18. Spain Europe Smart Pills Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 19. Spain Europe Smart Pills Market, by Capsule Endoscopy – Revenue and Forecast to 2028 (USD Million)
Table 20. Spain Europe Smart Pills Market, by Disease Indication – Revenue and Forecast to 2028 (USD Million)
Table 21. Spain Europe Smart Pills Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 22. Italy Europe Smart Pills Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 23. Italy Europe Smart Pills Market, by Capsule Endoscopy – Revenue and Forecast to 2028 (USD Million)
Table 24. Italy Europe Smart Pills Market, by Disease Indication – Revenue and Forecast to 2028 (USD Million)
Table 25. Italy Europe Smart Pills Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 26. Rest of Europe - Europe Smart Pills Market, by Application– Revenue and Forecast to 2028 (USD Million)
Table 27. Rest of Europe Europe Smart Pills Market, by Capsule Endoscopy – Revenue and Forecast to 2028 (USD Million)
Table 28. Rest of Europe - Europe Smart Pills Market, by Disease Indication – Revenue and Forecast to 2028 (USD Million)
Table 29. Rest of Europe - Europe Smart Pills Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 30. Recent Inorganic Growth Strategies in the Europe Smart Pills Market
Table 31. Recent Organic Growth Strategies in the Europe Smart Pills Market
Table 32. Glossary of Terms, Europe Smart Pills Market
LIST OF FIGURES
Figure 1. Europe Smart Pills Market Segmentation
Figure 2. Europe Smart Pills Market Overview
Figure 3. Capsule Endoscopy Segment Held Largest Share by Application in Europe Smart Pills Market
Figure 4. UK Is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Europe: PEST Analysis
Figure 6. Europe Smart Pill Market Impact Analysis of Drivers and Restraints
Figure 7. Europe Smart Pills Market – Revenue Forecast and Analysis – 2021- 2028
Figure 8. Europe Smart Pills Market, by Application, 2021 & 2028 (%)
Figure 9. Capsule Endoscopy: Europe Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 10. Small Bowel Video Capsule Endoscopy: Europe Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 11. Colon Capsule Endoscopy: Europe Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 12. Controllable Capsule Endoscopy: Europe Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 13. Storable Capsule Endoscope: Europe Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 14. Other Capsule Endoscopy: Europe Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 15. Drug Delivery: Europe Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 16. Patient Monitoring: Europe Smart Pills Market Revenue and Forecasts to 2028 (US$ Million)
Figure 17. Europe Smart Pills Market Share by Disease Indication - 2021 & 2028 (%)
Figure 18. Gastrointestinal Diseases: Europe Smart Pills Market Revenue and Forecasts To 2028 (US$ Million)
Figure 19. Neurological Disorders: Europe Smart Pills Market Revenue and Forecasts To 2028 (US$ Million)
Figure 20. Cancer: Europe Smart Pills Market Revenue and Forecasts To 2028 (US$ Million)
Figure 21. Inherited Disorders: Europe Smart Pills Market Revenue and Forecasts To 2028 (US$ Million)
Figure 22. Other Disease Indications: Europe Smart Pills Market Revenue and Forecasts To 2028 (US$ Million)
Figure 23. Europe Smart Pills Market Share by End User - 2021 & 2028 (%)
Figure 24. Hospitals and Clinics: Europe Smart Pills Market Revenue and Forecasts To 2028 (US$ Million)
Figure 25. Research Institutes: Europe Smart Pills Market Revenue and Forecasts To 2028 (US$ Million)
Figure 26. Home Healthcare: Europe Smart Pills Market Revenue and Forecasts To 2028 (US$ Million)
Figure 27. Europe: Smart Pills Market, by Key Country – Revenue (2021) (USD Million)
Figure 28. Europe: Smart Pills Market, by Country, 2021 & 2028 (%)
Figure 29. Germany: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
Figure 30. UK: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
Figure 31. France: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
Figure 32. Spain: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
Figure 33. Italy: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
Figure 34. Rest of Europe: Europe Smart Pills Market – Revenue and Forecast to 2028 (USD Million)
Figure 35. Growth Strategies in the Europe Smart Pills Market, 2021-2028
1.Medtronic
2.PENTAX Medical
3.Olympus Corporation
4.BodyCap
5.Otsuka Holdings Co., Ltd.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe Smart Pills Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in Europe Smart Pills Market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.