Smart Pill Bottle Market

The global smart pill bottle market report is provided for the international markets as well as development trends competitive landscape analysis and key regions development status.

Smart pill bottle market.

The global smart pills market was valued at 257 million in 2017 and is expected to reach 650 million by 2025 registering a cagr of 12 1 from 2018 to 2025. Smart pills being non invasive can be a potent alternative approach against invasive procedures such as gastrointestinal endoscopy colonoscopy. The global smart pill boxes and bottles market is likely to witness robust growth in north america. The smart pill boxes bottles market is dominated by the top 3 manufacturers which include koninklijke philips n v adheretech pharmright corporation livi.

The decision by big pharmacies like walgreens to compete with online deliveries the invent of 3d printing and growing demand for personal medicine in the region are likely to drive this growth. Transparency market research estimates that the global smart bottle market which was pegged at us 88 6 mn in 2016 will reach us 258 8 mn by 2024 registering a cagr of 14 3 between 2016 and 2024. The pill connect bottle works in conjunction with an app on the patient s smartphone. The minimum supply that can be stored in the bottle is 30 pills or capsules.

The smart pill cap will beep every ten minutes for up to an hour or until you open it. View your history you can view your history at any time by tapping on the drop down calendar in the app. The bottle holds one prescription and can be set to dispense various pill and capsule sizes. You can use this feature for yourself.

The market home to a large number of new technological advancements which are expected to cater to various demands of the healthcare sector. Water bottles to remain most promising application for smart bottles. According to this study over the next five years the smart pill boxes and bottles market will register a xx cagr in terms of revenue the global market size will reach us xx million by 2024 from us xx million in 2019. The smart pill boxes bottles market is expected to register robust growth in the near future.

Growth drivers smart pill boxes bottles market. These include demands for efficiency hygiene robust packaging and marketing solutions. Further the market for smart pill boxes bottles was valued at usd xxx x million in 2018.