Olympus Medical Technology, Medtronic, Inc. This is due to the fact that elderly people are at a higher risk of acquiring various gastrointestinal diseases such as ulcerative colitis and IBD., Pentax Medical Company, Siemens Healthcare, Stryker Corporation, GE Healthcare and Boston Scientific Corporation among other significant players.comWebsite: www. Smart pill technology functions by providing the practitioner, with information pertaining to various parameters such as pH, temperature and pressure of gastrointestinal tract.transparencymarketresearch. The rising prevalence of geriatric gastrointestinal diseases will drive the growth of smart pill technologies market since they are efficient to diagnose the diseases effectively. Likewise, increasing disposable income of the patients in developing countries would propel the growth of smart pill technologies market, since it will increase the affordability of patients to avail this diagnostic service.

About UsTransparency Market Research (TMR) is a global market intelligence company providing business information reports and services. North America in 2012 accounted for the largest share of total smart pill technologies market and is expected to grow at a steady CAGR during the forecast period 2013 to 2019. According to Centers for Disease Control and Prevention (CDC), an estimated prevalence rate of Crohn’s disease (a type of gastrointestinal disease) in 2012, ranged from 0. The growth in these regions is attributed to the presence of large patient population coupled with increasing awareness about gastrointestinal diseases, and their diagnostic and treatment methods. The World Health Organization (WHO) has estimated that by 2050 world’s geriatric population count will reach around 2 billion.ly/2dxVWCGBased on the type of technology, the smart pill technology market can be segmented into three categories namely, capsule endoscopy system, drug delivery system and patient monitoring devices (wireless).1 to 16 per 100,000 people in the U. Smart pill technology with the help of the concept - biological microelectromechanical systems, enables practitioners with a high degree of flexibility to monitor and diagnose such clandestine and mysterious diseases.

The etiology for some of the gastrointestinal disorders is still unknown to physicians due to limited diagnostic scope with the existing medical devices.S. The higher degree of flexibility that a capsule endoscope is possessed with is due to the presence of microcapsules which are ingested by the patient. The major players operating in the smart pill technologies market include Novartis, Given Imaging Ltd, Philips Healthcare, Smartpill, Inc.S.Contact UsTransparency Market ResearchState Tower,90 State Street, Suite 700Albany, NY 12207United States+1-518-618-1030USA - Canada Toll Free: 866-552-3453Email: sales@transparencymarketresearch.TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. Thus, rising geriatric population will accentuate the growth of smart pill technologies market globally.. has contributed for the large revenue share in the region. Capsule endoscopy devices are microcapsules comprising of four components namely: battery, transmitter, color camera and a light source. Asia-Pacific is Empty gelatin capsules Suppliers expected to grow at the highest CAGR followed by Europe, during the forecast period 2013 to 2019. Also, changing lifestyle (including shift in diet pattern) will augment the growth of smart pill technologies market. Capsule endoscopy system is available with high degree of flexibility and so can reach intricate parts of the GI tract to perform effective diagnosis. Browse Research Report: bit.Request Sample of Research Report: bit. Similarly, prevalence rate of inflammatory bowel diseases (IBD), in 2012 was estimated to be approximately 396 per 100,000 people in the U. This technology comprises wireless capsule, a receiver worn (by the patient) and computer software that analyzes and sorts the collated information. Smart pill is a nascent technology that holds immense potential in the field of medical diagnostics. Aging population will further boost the growth of smart pill technologies market.S.ly/2e9DNuVIncreasing disposable income of the patient population will further boost the growth of smart pill technologies market.Smart pill technology is used to diagnose gastrointestinal (GI) disorders such as constipation and gastroparesis. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers.comThis release was published on openPR. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Shifted trend for non-invasive treatment in the U. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports

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