Smart Pills Market Future Plans, Competitive Landscape and Trends by Forecast 2028
Smart Pills market size is projected to reach US$ 9,061.29 million by 2028 from US$ 4,019.30 million in 2021; it is estimated to grow at a CAGR of 12.3% during 2021–2028 The growth of the smart pills market is primarily due to the increase in strategic collaborations & partnerships on smart pills and rising demand for minimally invasive surgical procedures. However, the high cost of smart pills hampers the smart pills market's growth. The COVID-19 pandemic led to an increase in smart pill tests and innovations due to industry players' constant endeavor towards developing products that could help in combating the disease. For instance, in November 2021, the UK approved a potentially game-changing SARS-CoV-2 antiviral pill to fight the Covid-19 pandemic. The drug molnupiravir was recommended by Britain’s MHRA (Medicines and Healthcare products Regulatory Agency) for use in people with mild to moderate COVID-19. Download PDF Sample Copy at: https://www.theinsightpartners.c...