Global Monitoring Smart Pill Market Growth 2025-2031
The global Monitoring Smart Pill market size is predicted to grow from US$ 136 million in 2025 to US$ 313 million in 2031; it is expected to grow at a CAGR of 14.9% from 2025 to 2031.
The monitoring smart pill is a swallowable biofuel-powered sensor that facilitates access to the small intestine, monitors glucose levels and produces continuous measurements. This data is important for tracking overall gastrointestinal health and is a major factor in researching nutrition, diagnosing and treating various diseases, preventing obesity, and more. Monitoring smart pills can also develop more medical applications and provide new means for health management.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
LP Information, Inc. (LPI) ' newest research report, the “Monitoring Smart Pill Industry Forecast” looks at past sales and reviews total world Monitoring Smart Pill sales in 2024, providing a comprehensive analysis by region and market sector of projected Monitoring Smart Pill sales for 2025 through 2031. With Monitoring Smart Pill sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Monitoring Smart Pill industry.
This Insight Report provides a comprehensive analysis of the global Monitoring Smart Pill landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Monitoring Smart Pill portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Monitoring Smart Pill market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Monitoring Smart Pill and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Monitoring Smart Pill.
This report presents a comprehensive overview, market shares, and growth opportunities of Monitoring Smart Pill market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
PH
Temperature
Pressure
Segmentation by Application:
Capsule Endoscopy
Drug Delivery
Patient Monitoring
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
CapsoVision
Given Imaging
Medimetrics S.A
Olympus Corporation
Bio-Images Research Limited
Chongqing Jinshan Science & Technology
Key Questions Addressed in this Report
What is the 10-year outlook for the global Monitoring Smart Pill market?
What factors are driving Monitoring Smart Pill market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Monitoring Smart Pill market opportunities vary by end market size?
How does Monitoring Smart Pill break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.