Pulished Date October, 2018
ID: 1604
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Latin America Smart Pill Technologies Market By Application (Capsule Endoscopy (Small Bowel Video Capsule Endoscopy, Colon Capsule Endoscopy, OMOM Capsule Endoscopy Platform), Drug Delivery, Patient Monitoring), And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2018-2023)

Pulished: October, 2018
ID: 1604
Pages: 145

Smart pill technology is used to diagnose gastrointestinal (GI) disorders such as constipation and gastroparesis. This technology comprises wireless capsule, a receiver worn by the patient and computer software that analyzes and sorts the collated information. Smart pill is still a nascent technology that holds immense potential in the field of medical diagnostics.

Latin America Smart Pill Technologies Market has been estimated at USD 305 Million in 2018 and is projected to reach USD 699 Million by 2023, at a CAGR of 17.9% during the forecast period from 2018 to 2023.

The market for Smart Pill Technologies is mainly driven due to benefits provided by the smart pills technology such as technological advancements in endoscopy procedures, targeted drug delivery, and easy remote patient monitoring, which is propelling the adoption of this technology. But, the market growth can be hampered due to higher associated cost and poor adaptation of technology especially in developing countries.

Latin America market for Smart Pill Technologies is segmented based on Application. By Application, the market is further sub-segmented into Capsule Endoscopy, Drug Delivery, Patient monitoring. Capsule Endoscopy segment is further sub-segmented into Small Bowel Video Capsule Endoscopy, Colon Capsule Endoscopy, OMOM Capsule Endoscopy Platform, MiroCam, Upgraded MiroCam and Advanced Capsule Endoscope, The ANKON MCE System and CapsoCam. Capsule endoscopy segment is expected to be one of the largest markets owing to the advantages attached such as disease diagnosis in small intestine. Drug delivery market is also expected to experience growth due to the benefit of improving medication efficiencies, improving patient compliance & convenience, and fast paced technology.

Geographically, Latin America market for Smart Pill Technologies is segmented into Brazil, Argentina, Mexico and Rest of Latin America. Latin American market is escalating with high CAGR. Factor like increasing disposable income of the patients in developing countries of Latin America, is creating a lot of opportunities for market growth, and is attracting the market players for business expansion in this region.

CapsoVision, Inc., Given Imaging, Inc., Medimetrics S.A. de C.V., Olympus Corporation, Bio-Images Research Limited, Novartis, Given Imaging Ltd, Philips Healthcare, Smartpill, Inc., Medtronic, Inc., Pentax Medical Company, Siemens Healthcare, Stryker Corporation, GE Healthcare, Boston Scientific Corporation, IntroMedic Inc., Chongqing Jinshan Science & Technology Group Co. Ltd., Proteus Digital Health Inc., are the major players of Latin America Smart Pill Technologies market.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                           

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research            

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling     

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                             

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                      

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market               

5. Market Segmentation                                              

                5.1 Application                 

                                5.1.1 Introduction           

                                5.1.2 Capsule Endoscopy             

                                                5.1.2.1 Small Bowel Video Capsule Endoscopy

                                                5.1.2.2 Colon Capsule Endoscopy

                                                5.1.2.3 OMOM Capsule Endoscopy Platform

                                                5.1.2.4 MiroCam

                                                5.1.2.5 Upgraded MiroCam and Advanced Capsule Endoscope

                                                5.1.2.6 The ANKON MCE System

                                                5.1.2.7 CapsoCam

                                5.1.3 Drug Delivery         

                                5.1.4 Patient monitoring              

                                5.1.5  Y-o-Y Growth Analysis, By Application        

                                5.1.6  Market Attractiveness Analysis, By Application      

                                5.1.7  Market Share Analysis, By Application        

6. Geographical Analysis                                              

                6.1 Introduction                              

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Application

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Application

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Application

                6.2 Brazil                             

                6.3 Mexico                         

                6.4 Rest of Latin America                             

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental      

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services

                                7.2.5 Competitive Rivalry within the Industry      

8.Market Leaders' Analysis                                          

                8.1 CapsoVision, Inc.                      

                                8.1.1 Overview

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Given Imaging, Inc.                  

                8.3 Medimetrics S.A. de C.V.                      

                8.4 Olympus Corporation                             

                8.5 Bio-Images Research Limited                              

                8.6 Novartis                       

                8.7 Given Imaging Ltd                    

                8.8 Philips Healthcare                    

                8.9 Smartpill, Inc.                            

                8.10 Medtronic, Inc.                       

                8.11 Pentax Medical Company                  

                8.12 Siemens Healthcare                             

                8.13 Stryker Corporation                              

                8.14 GE Healthcare                         

                8.15 Boston Scientific Corporation                           

                8.16 IntroMedic Inc.                       

                8.17 Chongqing Jinshan Science & Technology Group Co. Ltd.                      

                8.18 Proteus Digital Health Inc.                 

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                        

                9.3 Agreements, collaborations and Joint Ventures                          

                9.4 New Product Launches                          

10.Market Outlook and Investment Opportunities                                           

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Latin America Smart Pill Technologies Market By Application, From 2018-2023 ( USD Million )
  2. Latin America Capsule Endoscopy Market By Region, From 2018-2023 ( USD Million )
  3. Latin America Drug Delivery Market By Region, From 2018-2023 ( USD Million )
  4. Latin America Patient monitoring Market By Region, From 2018-2023 ( USD Million )
  5. Brazil Smart Pill Technologies Market By Application, From 2018-2023 ( USD Million )
  6. Argentina Smart Pill Technologies Market By Application, From 2018-2023 ( USD Million )
  7. Mexico Smart Pill Technologies Market By Application, From 2018-2023 ( USD Million )
  8. Rest of Latin America Smart Pill Technologies Market By Application, From 2018-2023 ( USD Million )
  9. Latin America Capsule Endoscopy Market By Capsule Endoscopy, From 2018-2023 ( USD Million )
  10. Latin America Small Bowel Video Capsule Endoscopy Market By Region, From 2018-2023 ( USD Million )
  11. Latin America Colon Capsule Endoscopy Market By Region, From 2018-2023 ( USD Million )
  12. Latin America OMOM Capsule Endoscopy Platform Market By Region, From 2018-2023 ( USD Million )
  13. Latin America MiroCam Market By Region, From 2018-2023 ( USD Million )
  14. Latin America Upgraded MiroCam and Advanced Capsule Endoscope Market By Region, From 2018-2023 ( USD Million )
  15. Latin America The ANKON MCE System Market By Region, From 2018-2023 ( USD Million )
  16. Latin America CapsoCam Market By Region, From 2018-2023 ( USD Million )
  17. Brazil Capsule Endoscopy Market By Capsule Endoscopy, From 2018-2023 ( USD Million )
  18. Argentina Capsule Endoscopy Market By Capsule Endoscopy, From 2018-2023 ( USD Million )
  19. Mexico Capsule Endoscopy Market By Capsule Endoscopy, From 2018-2023 ( USD Million )
  20. Latin America OMOM Capsule Endoscopy Platform Market By OMOM Capsule Endoscopy Platform, From 2018-2023 ( USD Million )
  21. Latin America Small Bowel Capsule Endoscopy Market By Region, From 2018-2023 ( USD Million )
  22. Latin America Controllable Capsule Endoscopy Market By Region, From 2018-2023 ( USD Million )
  23. Latin America Storable Capsule Endoscope Market By Region, From 2018-2023 ( USD Million )
  24. Latin America Colon Capsule Endoscope Market By Region, From 2018-2023 ( USD Million )
  25. Latin America pH Capsule Wireless Monitoring System Market By Region, From 2018-2023 ( USD Million )
  26. Latin America Impedance–pH Monitoring System Market By Region, From 2018-2023 ( USD Million )
  27. Brazil OMOM Capsule Endoscopy Platform Market By OMOM Capsule Endoscopy Platform, From 2018-2023 ( USD Million )
  28. Argentina OMOM Capsule Endoscopy Platform Market By OMOM Capsule Endoscopy Platform, From 2018-2023 ( USD Million )
  29. Mexico OMOM Capsule Endoscopy Platform Market By OMOM Capsule Endoscopy Platform, From 2018-2023 ( USD Million )

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