Global Digital Pills Market is Growing at a Significant Rate in the Forecast Period 2018-2025

Global Digital Pills Market According to Data Bridge Market Research new Market report, “By Diseases (Cardiovascular Diseases, Infectious Diseases, Diabetes), By End-User (Hospitals, Clinic, Home Care Settings), By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2025

Access Full Report: https://databridgemarketresearch.com/reports/global-digital-pills-market/

Global Digital Pills Market

The digital pills are endoscope capsules and small chip containing tablets that help the specialists and the patients to be diagnosed and monitor for the different concerns. These concerns are related to the mental fitness, cancer detection and monitoring, and also for the reminders that are related to the dosage of the pills in real time.  For noticing whether the medicines are taken in the proper timing, it transmits to a smartphone or tablet indicating that the medication. The camera inside these pills is for the three dimensional imaging, this is the high resolution camera for capturing with many numbers of frames per second for the better imaging.

The technological advancements and R&D investments by the manufacturer have led to the transformation in the digital pills. The minimal invasive property of these pills is the best thing about them because the chip embedded the tablets is designed from the consumable, minimally invasive and causes mostly no harm to the human body. Performance-enhancing substances are present in these tablets for the better focus and motivation throughout the day.

According to the article published by the Medtronic in 2016, Hamlyn Centre (U.K.) director, Professor Guang‐Zhong Yang, is developing a device called the “i-Snake” which is a small snake-like robot that can be controlled with the remote control by surgeon, to propel itself through the body and perform gastrointestinal, gynecological and cardiothoracic surgery.

Given Imaging, (Israel) have also developed a battery-powered camera pill that can take high-speed photos of the GI tract. These devices are able to send the images to a second device that is worn around the waist of the patient and then it can be reviewed by a doctor through the monitor.

Segmentation: Global Digital Pills Market

The global market for digital pills by the following sub-categories is presented

  • By Diseases

    • Cardiovascular Diseases
    • Infectious Diseases
    • Diabetes

  • By End-User

    • Hospitals
    • Clinic
    • Home Care Settings

  • By Geography

    • North America
    • South America
    • Europe
    • Asia-Pacific
    • Middle East and Africa

FACTORS DRIVING GROWTH IN THE GLOBAL DIGITAL PILLS MARKET

Technological Advancements and R&D investment in smart pills market

Proteus Digital Health (U.S.) manufacturer of digital medicine has developed a system consisting of a smartphone, a sensor patch and a pill. These pills consist of one-square-millimeter sensor that is coated in two digestible metals copper and magnesium. The metals used in the chip are not hazardous to eat since they currently exist in multi-vitamin supplements, as well as naturally in our diets. When the pill is swallowed, the sensor gets activated by interaction of electrolytes within the body. After the activation, the pill transmits signals to the small battery-powered patch that is worn on the patient’s torso and sends the data via bluetooth to a doctor or to any family member’s smartphone.

In May 2017, Olympus (Japan) a medical and surgical products designer company has launched a new technologicaly developed capsule that is Endocapsule 10 system for the users, this capsule is designed for the small bowel endoscopy. The capsule can get operated with the advanced Olympus lens technology and it can produce sensitive, high-resolution images to provide several imaging results for best observations of a multiple abnormalities in the small bowel.

With the recent inventions and technological advancements in digital pills, these pills can play a vital role for specialists as well as in patients’ lives by monitoring their day to day activities. It can help specialists to detect various types of chronic diseases. Hence this market is expected to earn a pool of opportunities in future.

Increasing prevalence of gastrointestinal disorders:

The gastrointestinal disease accounts for a large number of deaths in several parts of the world. The rise in the colorectal cancer (CRC) which is also known as bowel cancer and colon cancer is increasing day by day globally among people. The CRC affects the colon and the rectum in the human body. There are also some diseases that involve the gastrointestinal tract problems that are related to the stomach, small intestine, esophagus, large intestine and rectum, and the additional organs of digestion are also becoming a great problem for the people.

According to American Cancer Society, CRC is the third most commonly detected cancer in people. In U.S. there were 95,520 new cases of colon cancer and 39,910 cases of rectal cancer that were diagnosed in 2017. There were almost 27,150 men and 23,110 women who died from CRC in 2017 in U.S..

According to the Statista, for year 2017 the data has been provided for the occurrence of diagnosed gastrointestinal conditions in adult population. U.S. has the most percentage of gastrointestinal population among U.S., Brazil, China, Japan, Russia and 5 European countries that are Germany, U.K., France, Italy and Denmark.

According to the article published by the BioMedPress, approximately 1,400,000 new cases and about 700,000 deaths worldwide were noticed in 2016 due to colorectal cancer. There is a significant increase in CRC cases globally from 783,000 in 1990 to 1,361,000 in 2012. In 2012, there were almost 693,099 CRC deaths that have been recorded worldwide, which is almost 8.0% of all cancer deaths.

As with the increasing prevalence of gastrointestinal disorders and other chronic diseases the need for the digital pills is on the rise, hence providing this market a strong platform in future.

Some of the major market players in this market are Proteus Digital Health, Inc, Ostuka Holdings Co., Ltd, 2Morrow Inc, GINGER.IO, PureTech Health, Livongo Health, AliveCor, Inc, WellDoc, Inc, Omada Health, Inc, Novartis AG, Abbott, MOCACARE, GENTAG, Inc., iRhythm Technologies, Inc, Leaf Healthcare, Inc, Perficient, Inc.

Browse Related Reports:      

Europe Healthcare IT Outsourcing Market By Product Type (Provider (EHR, PIS, LIS, RIS, PACS, RCM, Others), Payer (Customer Management Systems, Claim Processing, Fraud Detection, Others), Life Sciences HCIT (CTMS, CDMS, ERP, Others), Operational HCIT (SCM, Business Process Outsourcing), HCIT Infrastructure (Cloud Services, Management Services)), By End User (Provider, Payer, Pharma & Biotech, Clinical Research Organization, Others), By Country (Germany, France, U.K., Spain, Italy, Russia, Belgium, Turkey, Switzerland, Netherlands) – Industry Trends and Forecast to 2024.

https://databridgemarketresearch.com/reports/europe-healthcare-it-outsourcing-market/

Global Healthcare IT Outsourcing Market By Product Type (Provider (EHR, PIS, LIS, RIS, PACS, RCM, Others), Payer (Customer Management Systems, Claim Processing, Fraud Detection, Others), Life Sciences HCIT (CTMS, CDMS, ERP, Others), Operational HCIT (SCM, Business Process Outsourcing), HCIT Infrastructure (Cloud Services, Management Services)), By End User (Provider, Payer, Pharma & Biotech, Clinical Research Organization, Others), By Geography (North America, Europe, Asia Pacific, South America, Middle East & Africa) – Trends and Forecast to 2024.

https://databridgemarketresearch.com/reports/global-healthcare-it-outsourcing-market/

North America Wearable Technology Market, By Product Type (Wristwear, Eyewear, Footwear, Neckwear, Bodywear, Others), By Industry (Consumer Products, Healthcare, Industrial, and Others), By Type (Smart Textile (Passive, Active, Ultra Smart) (Sensing, Energy Harvesting, Luminiscence, Thermo Electricity), Non-Textile), By Technology, By Component, By Country (U.S., Canada, Mexico) – Industry Trends and Forecast to 2024.

https://databridgemarketresearch.com/reports/north-america-wearable-devices-market/

Europe Telehealth Market, By Hardware (Telehealth Monitors, Monitoring Devices), By Software (Standalone, Integrated), By Services (Remote, Real Time, Store and Send), By Deployment (Web Based, Cloud Based, On Premise), By End-User (Healthcare Payers, Healthcare Providers, Patients), By Country (Germany, France, U.K., Spain, Italy, Russia, Turkey, Switzerland, Netherlands, Belgium, Rest of Europe) – Industry Trends and Forecast to 2024.

https://databridgemarketresearch.com/reports/europe-telehealth-market/