Canada Smart Pills Market Size & Outlook, 2023-2030

The smart pills market in Canada is expected to reach a projected revenue of US$ 317.9 million by 2030. A compound annual growth rate of 11.1% is expected of Canada smart pills market from 2024 to 2030.

Revenue, 2023 (US$M)
$151.7
Forecast, 2030 (US$M)
$317.9
CAGR, 2024 - 2030
11.1%
Report Coverage
Canada

Canada smart pills market highlights

  • The Canada smart pills market generated a revenue of USD 151.7 million in 2023 and is expected to reach USD 317.9 million by 2030.
  • The Canada market is expected to grow at a CAGR of 11.1% from 2024 to 2030.
  • In terms of segment, capsule endoscopy was the largest revenue generating application in 2023.
  • Patient Monitoring Software is the most lucrative application segment registering the fastest growth during the forecast period.

Smart pills market data book summary

Market revenue in 2023USD 151.7 million
Market revenue in 2030USD 317.9 million
Growth rate11.1% (CAGR from 2023 to 2030)
Largest segmentCapsule endoscopy
Fastest growing segmentPatient Monitoring Software
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationCapsule Endoscopy, Patient Monitoring Software, Drug Delivery
Key market players worldwideMedtronic PLC, Otsuka Holdings Co Ltd, CapsoVision, Olympus Corp, Medisafe

Other key industry trends

  • In terms of revenue, Canada accounted for 8.1% of the global smart pills market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. smart pills market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 317.9 million by 2030.

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Smart Pills Market Companies

Name Profile # Employees HQ Website

Canada 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% in 2023. Horizon Databook has segmented the Canada smart pills market based on capsule endoscopy, patient monitoring software, drug delivery covering the revenue growth of each sub-segment from 2018 to 2030.


  • Canada Smart Pills Application Outlook (Revenue, USD Million, 2018-2030)
    • Capsule Endoscopy
    • Patient Monitoring Software
    • Drug Delivery
  • Canada Smart Pills End Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals
    • Home Care Settings
    • Others
  • Canada Smart Pills Target Area Outlook (Revenue, USD Million, 2018-2030)
    • Esophagus
    • Stomach
    • Intestine (Small and Large)

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Target buyers of Canada smart pills market databook

  • Our clientele includes a mix of smart pills market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada smart pills market, including forecasts for subscribers. This country databook contains high-level insights into Canada smart pills market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada smart pills market size, by application, 2018-2030 (US$M)

Canada Smart Pills Market Share, 2023 & 2030 (US$M)

Canada smart pills market size, by application, 2018-2030 (US$M)

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