12th January 2023
They are dissolvable chips, made from copper and magnesium which are absorbed by the body easily. It works after the ingestion, moves into the gastrointestinal tract, and records the data. The capsule is made digitally, that contains dissolvable chips, sensors, a camera, batteries, and additional antennae. The data is covered by the pill after which the electrolytes of the body can activate the signals and transmitted them to a Band like a patch worn on the abdomen of the patient. At last, the signals received by the belt are sent to a smartphone or computer of the doctor. It can help you with your medication instructions promptly. Providing proper diagnostic images without any scanning or big machines reduces the time to take multiple testing. Provide accurate reports or testing which may not be seen with ultrasound and colonoscopy without any visit to the clinic. It can benefit elderly or disabled people to avoid unnecessary stress in traveling and multiple testing.
Smart Pills are approved by FDA (Food and drug administration). The use of Smart Pill can eliminate the threat of traditional endoscopy. People are getting more shifted toward the solution of endoscopy. Smart Pills are the safest and the easiest method to detect a severe diagnosis without any ultrasound and scan or endoscopy.
Pharmaceutical company Proteus releases smart pills for cancer treatment, the digital cancer pill contains a chip in the capsule. The capsule is also filled with cancer chemotherapy capecitabine which is inhaled by patients several times a day. In the stomach, the capsule emits signals which are detected by the belt attached externally and transfers the signal to doctors through software. These pills are pain relief and are easily accepted by patients.
People have questions regarding the smart pill’s safety, about the process in which a microchip is inserted inside their body to diagnose the disease. Researchers of the University of Illinois in Chicago are concerned with health care providers taking clinical trials before allowing this technology publicly.
After many tests, the FDA approved the smart pill’s use in public and they are getting well done in the market providing accurate results. They can also eliminate the threat of endoscopy. The size of one pill is similar to a 000-size granular, which is easily ingested by the patient and after 10 to 70 hours it comes out through bowel moment. Its dissolvable capsule generates signals through electrolytes in the body that activates the signal.
The market size of smart pills will be reached at a CAGR of 25.39% of $09 billion by 2026. North America leads in the smart pills market. Where FDA, approved the smart pill technology products used publicly. The government and many big companies have already taken some initiatives to introduce smart pills in hospitals and clinics. Canada witnessed the highest cases of IBD and it will continue to rise to 0.9% of the total population by 2028. Pharmaceutical companies are more focused on health app publishing and partnered with tech companies to improve medications. They are publishing health apps to directly interpret results on mobile technology.
The smart Pills market is segmented into three;
Health care sector steps towards the technology sector to take medication upward digitally. Smart Pills market take steps into North America and Canada. Developments in the sector taken by various companies can boost the technology used in the health care sector. People are getting more reliable in this method of imagining and drug delivery, as it eliminates the threat of endoscopy and ingestion of medicine several times. It is more beneficial for elderly and disabled people, they have to face many problems regarding traveling, operations, endoscopy, or pain due to age or low immune system. Pharmaceutical companies are most active to use technology to deliver drugs or detect the disease or connect smart pills to smartphones where you can get live images in real-time.