Market Overview:
The global ingestible sensors market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The growth of this market can be attributed to the increasing demand for minimally invasive diagnostic procedures and rising awareness about health and fitness. In terms of type, the temperature sensor segment is expected to lead the global ingestible sensors market during the forecast period, followed by pressure sensor, PH sensor, and image sensor segments. In terms of application, medical segment is expected to lead the global ingestible sensors market during the forecast period followed by sports and fitness and other segments.
Product Definition:
Ingestible sensors are small, wireless devices that can be swallowed to monitor various aspects of a person's health. They are used to track things like heart rate, blood pressure, and other vital signs. Ingestible sensors can also be used to monitor the pH levels and temperature of the digestive system. Their importance lies in their ability to provide real-time information about a person's health without having to undergo any invasive procedures.
Temperature Sensor:
Temperature sensor is a device that measures temperature and other related data. It can be used in various applications such as industrial, medical, automotive and consumer electronics. The global market for temperature sensors is expected to witness significant growth over the forecast period owing to its rising usage in ingestible sensors or drug-delivery devices which are further going to boost the growth of this market during the forecast period from 2014 - 2025.
Pressure Sensor:
A pressure sensor is a device that measures the force or weight of objects. They are used in various applications such as industrial, medical and consumer products. The increasing demand for wearable devices is expected to drive market growth over the forecast period.
Pressure sensors have gained popularity owing to their ability to measure forces up to 1kg with an accuracy of 1gms.
Application Insights:
In terms of application segmentation, the global market is categorized into medical, sports and fitness, food and beverage processing, oil and gas exploration/production management, environment monitoring and others. The medical segment dominated the overall market in terms of revenue share in 2017. This can be attributed to a rise in geriatric population across the globe that requires constant monitoring for various diseases. Rising incidences of chronic diseases such as cardiovascular disorders are also expected to drive demand over the forecast period.
The sports and fitness application segment is anticipated to witness significant growth over the forecast period owing to increasing number of athletes suffering from injuries due to improper training or lackadaisical approach by trainers towards physical activity or sport related activities.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major players and increased adoption of technology. The region is expected to maintain its dominance over the forecast period due to factors such as favorable government initiatives, high disposable income, and increasing healthcare expenditure. Europe accounted for a significant share in terms of revenue due to an increase in geriatric population prone to chronic diseases that require monitoring devices such as temperature sensors, pressure sensors, etc.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing rising health concerns among people leading towards demand for medical monitoring devices such as temperature sensor-based ingestible sensors. Moreover, technological advancements coupled with economic development are also contributing towards regional growth. For instance, Becton Dickinson & Co.
Growth Factors:
- Increasing demand for minimally invasive and non-invasive procedures: The global market for minimally invasive and non-invasive procedures is expected to grow at a CAGR of 6.5% from 2016 to 2021. This is primarily attributed to the increasing preference for these procedures over traditional surgical methods due to their lower risk, shorter recovery time, and lesser pain. Ingestible sensors are ideally suited for use in such procedures as they are small in size, easy to use, and cause minimal patient discomfort.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as diabetes, heart disease, and cancer is on the rise due to changing lifestyles and aging population. These conditions often require long-term monitoring which can be effectively done using ingestible sensors. In addition, the growing awareness about early diagnosis and treatment of chronic diseases is also aiding the growth of this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ingestible Sensors Market Research Report
By Type
Temperature Sensor, Pressure Sensor, PH Sensor, Image Sensor
By Application
Medical, Sports and Fitness, Others
By Companies
Proteus Digital Health Inc., Microchips Biotech Inc., CapsoVision Inc., H.Q.Inc., Given Imaging, Olympus Corp, Proteus Digital Health Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Ingestible Sensors Market Report Segments:
The global Ingestible Sensors market is segmented on the basis of:
Types
Temperature Sensor, Pressure Sensor, PH Sensor, Image Sensor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical, Sports and Fitness, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Proteus Digital Health Inc.
- Microchips Biotech Inc.
- CapsoVision Inc.
- H.Q.Inc.
- Given Imaging
- Olympus Corp
- Proteus Digital Health Inc.
Highlights of The Ingestible Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Temperature Sensor
- Pressure Sensor
- PH Sensor
- Image Sensor
- By Application:
- Medical
- Sports and Fitness
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ingestible Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ingestible sensors are a type of sensor that can be swallowed by the user. These sensors are inserted into food or drink and track the amount of nutrients, calories, or other substances consumed. This information is then sent to a device worn by the user, which can help them manage their diet and exercise habits.
Some of the major companies in the ingestible sensors market are Proteus Digital Health Inc., Microchips Biotech Inc., CapsoVision Inc., H.Q.Inc., Given Imaging, Olympus Corp, Proteus Digital Health Inc..
The ingestible sensors market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ingestible Sensors Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Ingestible Sensors Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ingestible Sensors Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Ingestible Sensors Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Ingestible Sensors Market Size & Forecast, 2018-2028
4.5.1 Ingestible Sensors Market Size and Y-o-Y Growth
4.5.2 Ingestible Sensors Market Absolute $ Opportunity
Chapter 5 Global Ingestible Sensors Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Ingestible Sensors Market Size Forecast by Type
5.2.1 Temperature Sensor
5.2.2 Pressure Sensor
5.2.3 PH Sensor
5.2.4 Image Sensor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Ingestible Sensors Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Ingestible Sensors Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Sports and Fitness
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ingestible Sensors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Ingestible Sensors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Ingestible Sensors Analysis and Forecast
9.1 Introduction
9.2 North America Ingestible Sensors Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Ingestible Sensors Market Size Forecast by Type
9.6.1 Temperature Sensor
9.6.2 Pressure Sensor
9.6.3 PH Sensor
9.6.4 Image Sensor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Ingestible Sensors Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Sports and Fitness
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Ingestible Sensors Analysis and Forecast
10.1 Introduction
10.2 Europe Ingestible Sensors Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Ingestible Sensors Market Size Forecast by Type
10.6.1 Temperature Sensor
10.6.2 Pressure Sensor
10.6.3 PH Sensor
10.6.4 Image Sensor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Ingestible Sensors Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Sports and Fitness
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Ingestible Sensors Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Ingestible Sensors Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Ingestible Sensors Market Size Forecast by Type
11.6.1 Temperature Sensor
11.6.2 Pressure Sensor
11.6.3 PH Sensor
11.6.4 Image Sensor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Ingestible Sensors Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Sports and Fitness
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Ingestible Sensors Analysis and Forecast
12.1 Introduction
12.2 Latin America Ingestible Sensors Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Ingestible Sensors Market Size Forecast by Type
12.6.1 Temperature Sensor
12.6.2 Pressure Sensor
12.6.3 PH Sensor
12.6.4 Image Sensor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Ingestible Sensors Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Sports and Fitness
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Ingestible Sensors Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Ingestible Sensors Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Ingestible Sensors Market Size Forecast by Type
13.6.1 Temperature Sensor
13.6.2 Pressure Sensor
13.6.3 PH Sensor
13.6.4 Image Sensor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Ingestible Sensors Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Sports and Fitness
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Ingestible Sensors Market: Competitive Dashboard
14.2 Global Ingestible Sensors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Proteus Digital Health Inc.
14.3.2 Microchips Biotech Inc.
14.3.3 CapsoVision Inc.
14.3.4 H.Q.Inc.
14.3.5 Given Imaging
14.3.6 Olympus Corp
14.3.7 Proteus Digital Health Inc.
