The ‘smart pill’ market could be worth $3B by 2025 – meet the key players

This article was originally published here

The “smart pill” market is expected to nearly quadruple in value to $3 billion by 2025, according to Grand View Research. Driving this growth is an increasing demand for minimally-invasive procedures, as well as better patient monitoring capabilities.

There are a number of players in the pharmaceutical and medtech arenas looking to stake a claim to the smart pill market. The companies are segmented into two groups – those developing capsules used for endoscopy and those creating connected, swallowable drug-tracking systems.

Get the full story at our sister site, Drug Delivery Business News.

The post The ‘smart pill’ market could be worth $3B by 2025 – meet the key players appeared first on MassDevice.

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