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The Ingestible Sensors Market is segmented by Sensor Type (Temperature Sensor, Pressure Sensor, PH Sensor, Image Sensor), Industry Vertical (Healthcare/Medical, Sport & Fitness), and Geography.
Fastest Growing Market:
The market for ingestible sensors is expected to register a CAGR of 18.7% over the forecast period (2020 - 2025). The ingestible sensor is a critical healthcare technology which positively influences various clinical areas such as nutrition, health, and fitness. Technological advancements and the increasing prevalence of chronic disorders are some of the primary factors driving the market. Need for medical adherence and developed healthcare awareness among people are also likely to encourage market growth.
Ingestible sensors are devices that integrate a wireless sensor system into a non-invasive capsule to perform different functions, such as measuring pH values, pressure, or core body temperature data. Ingestible sensors may be seen as part of the user’s body and thus offer alternative engagement opportunities. In simple terms, they are ingestible electronic devices, roughly the size of a medicine capsule, composed of biocompatible materials that make up a power supply, microprocessor, controller, sensors, etc., giving the device the ability to telecommunicate for use in the healthcare industry for disease diagnostics and monitoring.
|By Sensor Type|
|By Industry Vertical|
|Sport & Fitness|
|Other Industry Verticals|
|Middle East & Africa|
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The ingestible sensors market is competitive and consists of a few major players. In terms of market share, few of these major players currently dominate the market. New entrants in this market are offering similar product prototypes at lower prices, which may cause hindrance to well-established companies. Collaborations and M&A are the key strategies followed by most of the companies to gain maximum market share.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Cost Effectiveness and Availability of Reimbursements
4.2.2 Increasing Demand for Medical Adherence Monitoring
4.2.3 Technological Advancements and Increasing Investments
4.3 Market Restraints
4.3.1 Technical and Clinical Concerns
4.3.2 High Technology Cost
4.4 Industry Attractiveness - Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
4.5 Technology Snapshot
5. MARKET SEGMENTATION
5.1 By Sensor Type
5.1.1 Temperature Sensor
5.1.2 Pressure Sensor
5.1.3 pH Sensor
5.1.4 Image Sensor
5.2 By Industry Vertical
5.2.2 Sport & Fitness
5.2.3 Other Industry Verticals
5.3.1 North America
5.3.4 Latin America
5.3.5 Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 CapsoVision, Inc.
6.1.2 HQ, Inc.
6.1.3 IntroMedic Co. Ltd
6.1.4 JINSHAN Science & Technology
6.1.5 Medtronic PLC (Given Imaging, Inc.)
6.1.6 Olympus Corporation
6.1.7 Proteus Digital Health, Inc.
6.1.8 Microchips Biotech, Inc.
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
* List Not Exhaustive
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments