Ingestible Sensors Market Size, Share & Trends Analysis Report 2018 - ResearchAndMarkets.com
The "Ingestible Sensors Market Size, Share & Trends Analysis Report By Vertical (Sports, Medical), By Component (Sensors, Software), By Sensor Type (Temperature, Pressure, Image Sensors), And Segment Forecasts, 2018 - 2024" report has been added to ResearchAndMarkets.com's offering.
The global ingestible sensors market size is expected to reach USD 1.99 billion by 2024
The market is anticipated to register a strong CAGR of 19.1% over the forecast period. Growing need for medical adherence and real-time monitoring of health along with rising prevalence of chronic diseases are some of the factors driving the market growth. Patient compliance is another key factor boosting the usage of ingestible sensors.
Simple procedure, user convenience, and minimal side effects are the factors leading to increased medical adherence by patients of all age groups, thus, driving the market growth. Increasing cases of chronic diseases, such as diabetes, hypertension, and cancer have also led to the market expansion. According to the International Diabetes Federation (IDF), around 642 million people across the world are projected to have diabetes by 2040.
In addition, growing geriatric population is also leading to numerous health issues, which is further raising the incidences of such chronic diseases. With technological advancements, ingestible sensors are growing rapidly in the field of digital medicine. Thus, it is anticipated to grow further in applications like customized drug delivery. However, costly raw materials and techniques for the development and design of this product may impede the market growth.
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Ingestible Sensors Industry Outlook
Chapter 4. Ingestible Sensors Component Type Outlook
Chapter 5. Ingestible Sensors Type Outlook
Chapter 6. Ingestible Sensors Vertical Outlook
Chapter 7. Ingestible Sensors Regional Outlook
Chapter 8. Competitive Landscape
- Proteus Digital Health, Inc.
- CapsoVision, Inc.
- Given Imaging, Inc.
- Olympus Corporation
- Medimetrics Personalized Drug Delivery B.V.
- HQ, Inc.
- MC10, Inc.
- Microchips Biotech, Inc.
For more information about this report visit https://www.researchandmarkets.com/research/7x2njn/ingestible?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20181101005697/en/