Global Smart Pill Technology Market Worth $965 Million by 2017

Global Smart Pill Technology Market Worth $965 Million by 2017 PR Newswire DALLAS, October 15, 2012 DALLAS, October 15, 2012 /PRNewswire/ -- According to a new market research report, "Smart Pill Technology Market (2012-2017)", published by MarketsandMarkets (http://www.marketsandmarkets.com), global Smart Pill Technology Market is expected to grow at a CAGR of 17% reaching $965 Million by the year 2017. The research report is an attempt to unveil the incredible breakthrough in medical electronic technologies using Bio-MEMS (Biological Micro-Electro Mechanical Systems). Browse market data tables/figures and in-depth TOC of "Smart Pill Technology Market (2012-2017)" http://www.marketsandmarkets.com/Market-Reports/smart-pill-technology-market-840.html Early buyers will receive 10% customization of reports. Smart Pill Technology, also known as Ingestible Capsule Technology (ICT) incorporates miniaturized micro-electronic systems in a single chip enclosed in a small capsule. The capsule is administered orally for diverse diagnostic and bio- medical applications. Capsule Endoscopy is already in command in the current Smart Pills market. Next generation ingestible electronic capsules for drug delivery and patient monitoring are the emerging technologies under SPT. The technical report on Smart Pills categorizes the Smart Pill technology into Capsule endoscopy, Smart pills for drug delivery and Patient monitoring smart pills.