Smart Pills: Applications and Global Markets
The global market for smart pills reached $720 million in 2015. This market is expected to increase from $850 million in 2016 to $2.2 billion in 2021 at a compound annual growth rate (CAGR) of 21.1% for 2016-2021.
United States market for smart pills is expected to grow from $468 million in 2016 to nearly $1.2 billion at a CAGR of 20.6% from 2016 through 2021.
Asia market for smart pills is expected to grow from $110 million in 2016 to $310 milliom in 2021 at a CAGR of 23.0% from 2016 through 2021.
