Saudi Arabia Smart Pills Market Size & Outlook, 2023-2030
Saudi Arabia smart pills market, 2018-2030 (US$M)
Related Markets
Saudi Arabia smart pills market highlights
- The Saudi Arabia smart pills market generated a revenue of USD 7.4 million in 2023 and is expected to reach USD 18.9 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 14.3% 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 2023 | USD 7.4 million |
| Market revenue in 2030 | USD 18.9 million |
| Growth rate | 14.3% (CAGR from 2023 to 2030) |
| Largest segment | Capsule endoscopy |
| Fastest growing segment | Patient Monitoring Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Capsule Endoscopy, Patient Monitoring Software, Drug Delivery |
| Key market players worldwide | Medtronic PLC, Otsuka Holdings Co Ltd, CapsoVision, Olympus Corp, Medisafe |
Other key industry trends
- In terms of revenue, Saudi Arabia accounted for 0.4% 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 Middle East & Africa, South Africa smart pills market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 18.9 million by 2030.
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Smart Pills Market Scope
Smart Pills Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 59.46% in 2023. Horizon Databook has segmented the Saudi Arabia smart pills market based on capsule endoscopy, patient monitoring software, drug delivery covering the revenue growth of each sub-segment from 2018 to 2030.
- Saudi Arabia Smart Pills Application Outlook (Revenue, USD Million, 2018-2030)
- Capsule Endoscopy
- Patient Monitoring Software
- Drug Delivery
- Saudi Arabia Smart Pills End Use Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Home Care Settings
- Others
- Saudi Arabia Smart Pills Target Area Outlook (Revenue, USD Million, 2018-2030)
- Esophagus
- Stomach
- Intestine (Small and Large)
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Target buyers of Saudi Arabia smart pills market databook
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Our clientele includes a mix of smart pills market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia smart pills market, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia smart pills market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia smart pills market size, by application, 2018-2030 (US$M)
Saudi Arabia Smart Pills Market Share, 2023 & 2030 (US$M)
Related regional statistics
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