Global Smart Pills Market is expected to progress at a significant CAGR in the forecast period 2018 to 2025. The new market report contains data for historic years 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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The global smart pills market highly concentrated to a few big players and rest to local players who cater to domestic markets only. Smart pills market is dominated by Medtronic, accounting for a highest market share in 2017, followed by Otsuka Holdings Company Limited and Olympus Corporation, among others.
Founded in 1949, Headquartered in Minnesota, U.S., Medtronic is involved in involved in the development, production and distribution of an extensive range of and digital imaging systems and IT solutions in healthcare sector, and for specific industrial applications. In 2017 the company generated the revenue of USD 29,710 Million. The company operates in four business segments that are Cardiac and Vascular Group (CVG), the Restorative Therapies Group (RTG), the Diabetes Group and the Minimally Invasive Therapies Group (MITG). The company its globally present along with its subsidiaries Covidien Ltd. (Ireland), RF Surgical Systems(U.S.), Aptus Endosystems Inc (U.S.), Corventis, Inc. (U.S.), HeartWare (Germany), HeartWare Inc (U.S.) Vitatron, N.V.(Netherlands), Xomed Australia PTY Limited (Australia) and others.
Otsuka Holdings Company Limited:
Founded in 2008 and headquartered in Tokyo , Japan. Otsuka Holdings Company Limited provides unmet medical needs in the pharmaceutical areas of the central nervous system and oncology. The company operates in four business segment that are pharmaceuticals, nutraceuticals, consumer products and others. The compny is globally present in Asia Pacific, Americas, Europe, Middle East and Africa with its subsidiaries Otsuka Pharmaceutical Co., Ltd.(Japan), Otsuka America Inc.(U.S.), Jasmine Comercio de Produtos Alimenticios LTDA(Brazil) and Nutrition & Sante Benelux S.A. (Belgium) among others. The company also has various survice center locate in different countrier around the world Biwako Research Institute(Japan), Shanghai Otsuka Foods Co., Ltd. (China), Tokushima Research Institute(Japan), Tokushima Research Institute (Japan).
Abbott was founded in 1919 and headquartered in Tokyo, Japan. Olympus Corporation is a manufacturer and seller of precision machineries and instruments. It operates its business through four segments namely - Medical business units, scientific solutions, imaging and others. The company offers wide range of products and has its subsidiaries like Gyrus ACMI, inc. (U.S.), Olympus NDT Canada Inc.(Canada), Olympus Imaging Corporation (U.S.), Olympus Imaging Corp(Japan) among others. The company is globally present in most of the countries such as Australia & New Zealand, China, Hong Kong, India, Japan, Korea, Malaysia ,Singapore, Taiwan, Thailand ,Vietnam, Brazil, Canada, México, U.S., Austria, Belgique, Denmark, Finland, France, Germany, Italy, Luxembourg, Netherlands, Norway, Portugal, Republic of Malta, Spain, Sweden, Switzerland, Schweiz, Suisse, U.K. & Ireland.