The latest research report on Digital Pills Market
Global digital pills market accounted for over USD 264.5 million in 2017 and is expected to grow at a CAGR of 7.8 % during the forecast period 2019–2026.
Global Digital Pills Market Report (Industry Analysis, Applications, Growth, Trends) and Future Forecast (2016-2026) is the latest report published by Straits Research which is committed to delivering details of the Digital Pills industry.
Straits Research offers a high level of accuracy, an in-depth valuation, and systematic research methodology to the reader that helped to collect the info from direct as well as indirect sources. Forecasting patterns were considered across the various regions where the Digital Pills industry is growing steadily. The report has taken a deep dive into the market and has extracted the data from secondary and primary sources.
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Digital pills are capsules containing sensors which provide which send wireless messages to various devices such as smartphones, tablets and other, outside the patient’s body to track dosage intake. In November 2017, the U.S. Food & Drug Association (FDA) approved the first digital pill in the U.S. to treat Schizophrenia, bipolar disorder, and major depressive disorder. This type of technology will help patients and doctors track drug regimen compliance and increase patient adherence. Major players are focusing on the developed region due to its purchasing power.
Some of the key players in the global digital pills market are Proteus Digital Health, Inc, Intellicap, Microchips Biotech, Inc, Metronic, CapsoVision, Livongo Health, AliveCor Inc, WellDoc Inc, Omada Health Inc, Novartis AG, Abbott, Mocacare, Gentag Inc., iRhythm Technologies Inc, Leaf Healthcare Inc, and Perficient Inc.
The Digital Pills Market is segmented into different sections such as by type, by application, by end users, and by regions. The report about the Digital Pills industry covered the markets by analyzing the top players participating in the market. To make this report an exceptional one, several parameters are models are used which include SWOT analysis, Porters five force model, and pestle analysis.
Development in technology and innovations have created an educated workforce which ultimately witnessed in increasing per capita income and this particular factor has positively impacted on the growth of the Digital Pills market since the past few years.
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By Indicated Disorders, Tracking Ingestion in Schizophrenia Patients, Tracking Ingestion in Bipolar Patients, Adjunctive treatment of MDD (major depressive disorder) in adults, ,
By End-Users, Hospitals, Clinic, Home Care Settings
The competitive landscape:
The competitive landscape of the Digital Pills market is a highly crucial section of the report that creates a firm portrait of the market’s key players and their rivalries. A reader can evaluate their position in the market by using this scale of reference, while extensively planning their future movements to counter the movements of the other players in the same areas. This segment provides updated details on companies profiles, business strategies, financial statistics, growth rate and the future scenario for the key leading players in the market, along with the ones that indicate the most positive growth rates.
Why purchase this report?
- Historical inferences, findings & analysis of the Digital Pills market from 2016 to 2018
- Projections and performance forecast analysis for the future from 2019 to 2026
- Production and consumption point of view (POV) analysis
- Digital Pills Market drivers, restraint and opportunity analysis, to define Digital Pills market dynamics covering industry, regulatory, innovation, technological & pricing trends
- Comprehensive competitive landscape mapping with recent development covering market leadership, competency, sustainability, and prospects
In the end, this report discusses the key drivers influencing the market growth, opportunities, challenges and the risks faced by key players and the Digital Pills market as a whole. Additionally, It analyzes the emerging trends and their impact on present and future market statistics and development.
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