Smart Pills Market is estimated to be US$ 2068.48 million by 2032 with a CAGR of 15.4% during the forecast period 2032

[Amar Yadav]

Smart Pills Market accounted for US$ 497.2 million in 2022 and is estimated to be US$ 2068.48 million by 2032 and is anticipated to register a CAGR of 15.4%. In January 2019, first digital pill was launched which has a chip in capsules containing capecitabine. Smart pills are essential ingestible sensors which are swallowed and can able to record various physiological measures. Adderall and Ritalin are smart drugs which has strongest and most significant effects on attention and memory. Smart pills are digital pills prescribed to patients equipped with edible electronic sensors that helps in sending messages to devices like smartphones, tablets or patches outside the body after they are ingested. Smart pills capsule are 26mm x 13mm and slightly larger than multivitamin. Smart pills are made up of copper, silicon and magnesium. Smart pills contains nano-sized data receptors which can extract chemical and visual details before transmitting to external devices for analyzing collected data. Smart pills are also referred as nano level electronic devices which are shaped and designed like pharmaceutical pills. Smart pills uses nanotechnology for improving drug delivery to every part of body including gastrointestinal tract. Smart dispenser is an automatic medication that helps in organizing, scheduling, and delivering patient medication with touch of a button. Nootropics or smart drugs are group of compounds called as cognitive enhancers. Smart pills has revolutionized diagnosis of gastrointestinal disorders by replacing endoscopy technique. Smart pill or wireless capsule endoscopy is can easily swallowed and maneuvered for capturing images and require minimal sedation. This wireless capsule endoscopy helps in measuring gases and fluids in gut which provides multidimensional picture of human body for physicians. Smart pill called ‘CorTemp Ingestible Core Body Temperature Sensor’ helps in transmitting real-time body temperature. These type of smart pill is used by soldiers, firefighters, astronauts and football players to ensure not to overheat at high temperatures. Biosensor equipped smart pills sense the appropriate location and environmental condition to release pharmacological agents. IntelliCap pill with pH and temperature sensors, drug reservoir helps in releasing drugs to defined region of gastrointestinal tract. However, its painless, simple procedure and applications in treating chronic diseases has fueled the Smart pills market growth.