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Ingestible Sensors Market 2019: Comprehensive Analysis by Top Key Companies, Industry Growth, Size, Share, Market Insights, Sales Volume and Forecast to 2024

Ingestible

The “Ingestible Sensors Market” 2019 report provides market size (value and volume), market share, growth rate by types, applications, and combines both qualitative and quantitative methods to make micro and macro forecasts in different regions or countries. Ingestible Sensors Market report also aims to provide useful and comprehensive insights into current market trends and future growth scenarios. Ingestible Sensors market report contains information like SWOT analysis, business highlights, strength, weakness, threats and opportunities of industry.

Top Manufacturers of Ingestible Sensors Market Are:

  • CapsoVision, Inc.
  • HQ, Inc.
  • IntroMedic Co. Ltd
  • JINSHAN Science & Technology
  • Medtronic PLC (Given Imaging, Inc.)
  • Olympus Corporation
  • Proteus Digital Health, Inc.

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    Market Overview:

  • The global ingestible sensors market is expected to witness a CAGR of 19.7% during the forecast period. Certain factors that are driving the market growth include increasing demand for medical adherence monitoring, cost-effectiveness, the availability of reimbursements, technological advancements, and growing investments.
  • In the field of healthcare, ingestible sensors are used in patient monitoring, capsule endoscopy, and controlled drug delivery applications. Sensors for other diagnostic purposes, such as temperature sensors that can wirelessly transmit the core body temperature as it travels through the digestive tract, are also available in the market.
  • Chronic diseases demand unremitting adherence to medications and Unfortunately, the rates of adherence fluctuate widely across patients. Hence, effective patient monitoring and event marking, such as the dissolution of drugs, becomes imperative, especially in the case of drugs having severe side effects. Therefore, the global market for ingestible sensors is growing rapidly, as the adoption rates of new healthcare technology are ever increasing, and the need for better patient monitoring is higher than ever.

    Scope of the Report:

  • As per the , ingestible sensors include recently approved event markers, adherence monitoring, and digital medicine systems such as Otsuka and Proteus’ Abilify MyCite tablet sensors, along with established modalities like capsule endoscopes and accompanying accessories. The ingestible sensor market is segmented on the basis of Component, Sensor Type, and Application, with each segment being further subdivided into subsegments like sensor type into the image sensor, pH sensor, pressure sensor, temperature sensor, and other types of sensor.

    Ingestible Sensors Market Report Answers the Following Questions:

    • What will the market size and the growth rate be in 2024?
    • What are the key factors driving the global Ingestible Sensors market?
    • What are the key market trends impacting the growth of the global Ingestible Sensors market?
    • What are the challenges to market growth?
    • Who are the key vendors in the global Ingestible Sensors market?
    • What are the market opportunities and threats faced by the vendors in the global Ingestible Sensors market?
    • Trending factors influencing the market shares of the relevant regions.
    • What are the key outcomes of the five forces analysis of the global Ingestible Sensors market?

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    Key Market Trends:

    The Diagnostics Segment is Expected to hold the Highest Market Share.

    By application, the diagnostics segment of the market is believed to have the largest market size in 2018. The reason for this is due to the presence of capsule endoscopes for nearly two decades in the market. Capsule endoscopy has established itself as an effective and precise way of endoscopic imaging. As such, the reimbursements for capsule endoscopy procedures are also available in the developed markets. Furthermore, the increasing prevalence of gastrointestinal disorders is also expected to fuel the expansion of capsule endoscopy and is leading to the growth of the diagnosis segment of the market.

    North America Dominates the Market and is Expected to do the Same over the Forecast Period

    North America currently dominates the market for ingestible sensors and is expected to continue its stronghold for a few more years. This region is expected to retain its market share in the future owing to the increasing number of diseases and rising geriatric population. The United States holds the majority of the market in the North America region; this is due to the presence of reimbursements, high healthcare expenditure, and an increasing focus on preventive care in place of a curative approach.

    Market Dynamics: –

    • Drivers: (Developing regions and growing markets)
    • Limitations: (Regional, Key Player facing Issues, Future Barriers for growth)
    • Opportunities: (Regional, Growth Rate, Competitive, Consumption)

    The report provides key statistics on the market status of the Ingestible Sensors Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Ingestible Sensors.

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    Report Objectives:

    • Analyzing the size of the Ingestible Sensors market on the basis of value and volume.
    • Accurately calculating the market segments, consumption, and other dynamic factors of different sections of the global Ingestible Sensors market.
    • Determining the key dynamics of the Ingestible Sensors market.
    • Highlighting significant trends of the Ingestible Sensors market in terms of manufacture, revenue, and sales.
    • Deeply summarizing top players of the Ingestible Sensors market and showing how they compete in the industry.
    • Studying industry processes and costs, product pricing, and various trends related to them.
    • Displaying the performance of different regions and countries in the global Ingestible Sensors market.

    Detailed TOC of Ingestible Sensors Market Report 2019-2024:

    1 INTRODUCTION
    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 Stringent Regulations
    4.4 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

    5 MARKET SEGMENTATION
    5.1 Component
    5.1.1 Sensors
    5.1.2 Software
    5.1.3 Data Recorder and Accessories
    5.2 Sensor Type
    5.2.1 Image Sensor
    5.2.2 pH Sensor
    5.2.3 Pressure Sensor
    5.2.4 Temperature Sensor
    5.3 Application
    5.3.1 Medical Adherence Monitoring
    5.3.2 Diagnostics
    5.3.3 Other Applications
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East & Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East & Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    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.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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