Global Smart Pills Market Size & Outlook
The smart pills industry worldwide is expected to reach a projected revenue of US$ 4,007.7 million by 2030. A compound annual growth rate of 11.4% is expected of the worldwide smart pills industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,882.4
Forecast, 2030 (US$M)
$4,007.7
CAGR, 2024 - 2030
11.4%
Report Coverage
Worldwide
Global smart pills market, 2018-2030 (US$M)
Related Markets
Global smart pills market highlights
- The global smart pills market generated a revenue of USD 1,882.4 million in 2023 and is expected to reach USD 4,007.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 11.4% by 2030.
- In terms of segment, capsule endoscopy accounted for a revenue of USD 1,111.1 million in 2023.
- Patient Monitoring Software is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,882.4 million |
| Market revenue in 2030 | USD 4,007.7 million |
| Growth rate | 11.4% (CAGR from 2023 to 2030) |
| Largest segment | Capsule endoscopy |
| Fastest growing segment | Patient Monitoring Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Capsule Endoscopy, Patient Monitoring Software, Drug Delivery |
Other key industry trends
- In terms of revenue, the North America accounted for 37.5% of the global smart pills market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 1,046.2 million by 2030.
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Smart Pills Market Scope
Smart pills market segmentation & scope
Smart Pills Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global smart pills market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart pills market will help companies and investors design strategic landscapes.
capsule endoscopy was the largest segment with a revenue share of 59.03% in 2023. Horizon Databook has segmented the Global smart pills market based on capsule endoscopy, patient monitoring software, drug delivery covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Smart Pills Application Outlook (Revenue, USD Million, 2018-2030)
- Capsule Endoscopy
- Patient Monitoring Software
- Drug Delivery
- Global Smart Pills End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Home Care Settings
- Others
- Global Smart Pills Target Area Outlook (Revenue, USD Million, 2018-2030)
- Esophagus
- Stomach
- Intestine (Small and Large)
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Horizon Databook provides a detailed overview of global-level data and insights on the Global smart pills market, including forecasts for subscribers. This global databook contains high-level insights into Global smart pills market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global smart pills market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Smart pills market size, 2023 (USD Million)
Top 10 countries: Smart pills market size, 2023 (USD Million)
Global smart pills market, by region, 2023 (US$M)
Related regional statistics
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