Global Ingestible Sensors Market: Analysis By Sensor Type (Temperature, Pressure, Image, pH), By Sensor Application (Medical, Sports & Physical Fitness), By Region, By Country: Opportunities and Forecast (2017-2022)

Date: 20 July 2017

In recent years, rising demand for minimally invasive diagnostic procedures of chronic diseases have stimulated abundant research and development. Amongst which, the Ingestible Sensors have been emerging as a potential option for patients with gastrointestinal ailments such as Irritable Bowel Syndrome, Cancerous Growth, Colon Polyps, Ulcerative Colitis and Crohn’s disease etc.

global market is projected to display a vigorous growth represented by a CAGR of 21.49% during 2017 – 2022, chiefly driven by increasing number of patients with chronic ailments, rising geriatric population, growing awareness about minimally invasive techniques as well as increasing healthcare expenditure.

The segment of ingestible image sensors has developed at a striking rate since its institution in the medical industry. Amongst the regions, North America accounts for the largest regional share in the Global Ingestible Sensors market in 2016. However, Asia Pacific is projected to progress at the highest rate, mainly driven by increase in per capita expenditure on healthcare coupled with growing penetration of minimally invasive diagnostic medical devices such as Ingestible Sensors.

The Ingestible Sensor technology has been gaining major traction as the next major development in medical diagnosis and therapy; however, there are certain challenges that have been restraining the growth in the market, including complex technology design and ascertaining the most suitable patient population to benefit from this minimally invasive medical device. Further, growing applications of these devices in several industries including medical, sports, physical fitness, military, industrial etc., is anticipated to boost the global market in the forecast period. In the recent years, Proteus Digital Health, Inc. has dedicated itself in developing ingestible sensors that can provide unparalleled insight about patient’s health patterns and efficiency of the treatment. Other companies such as Olympus Corporation, Medtronic PLC, CapsoVision Inc., Given Imaging, Ltd., etc., have revolutionized the diagnostic procedure for several gastrointestinal diseases through their cutting-edge capsule endoscopy solutions. 

has covered and analysed the potential of Global Ingestible Sensors Market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global ingestible sensors market. Additionally, the report also highlights market entry strategies for various companies across the globe. 

A comprehensive research report created through extensive primary research (inputs from industry experts, companies, stakeholders) and secondary research, the report aims to present the analysis of Global Ingestible Sensors Market; By Region (North America, Europe, APAC and ROW) and By Country (U.S., Canada, U.K, Germany, China, Japan, India, Israel and Brazil)