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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

Published: Jul, 2018 | Pages: 60 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global ingestible sensors market size is expected to reach USD 1.99 billion by 2024, according to a new report by Grand View Research, Inc. 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.

Further key findings from the study suggest:

• In 2016, temperature sensors led the market owing to their benefits in diagnosing and treating heat-related illness, particularly among athletes

• Image sensors are projected to show a significant growth over the forecast period due to their accuracy and clear images for the diagnosis of critical diseases

• Sensors held the largest market share in 2016 amongst the component segment due to the advanced and expensive technology used in these devices

• Medical segment accounted for the largest market share in 2016 owing to huge scope of application for ingestible sensors in drug delivery and patient monitoring

• North America held the largest market revenue in 2016 due to high awareness levels regarding the availability of advanced technologies

• Asia Pacific is anticipated to register a significant CAGR over the forecast period on account of increasing geriatric population and prevalence of chronic diseases, especially in the developing countries

• Some of the key companies in the market are Proteus Digital Healthcare; CapsoVision Inc.; Given Imaging Ltd; Olympus Corporation; Medimetrics Inc.; HQ Inc.; MC10 Inc.; and Microchips Biotech Inc.
 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Research methodology
                  1.2. Research scope & assumption
                  1.3. List of data sources

Chapter 2. Executive Summary
                  2.1. Ingestible Sensors Market - Industry Summary and Key Buying Criteria, 2013 - 2024

Chapter 3. Ingestible Sensors Industry Outlook
                  3.1. Market segmentation
                  3.2. Market size and growth prospects, 2013 - 2024
                  3.3. Ingestible Sensors: Market dynamics
                      3.3.1. Market driver analysis
                          3.3.1.1. Medical adherence
                          3.3.1.2. Aging population
                          3.3.1.3. Escalation in lifestyle-related diseases
                          3.3.1.4. Favorable reimbursement and better visualization 
                      3.3.2. Market restraint analysis
                          3.3.2.1. Technical and clinical concerns
                          3.3.2.2. Great cost of technology 
                      3.3.3. Market opportunities
                          3.3.3.1. Growing markets and modernization of healthcare infrastructure
                  3.4. Ingestible Sensors market: Industry trend analysis
                  3.5. Ingestible Sensors market - PESTEL Analysis
                  3.6. Ingestible Sensors Industry analysis - Porter's Five Forces Model
                  3.7. Ingestible Sensors: Company Market Share Analysis (%), 2015
                  3.8. Key opportunities prioritized

Chapter 4. Ingestible Sensors Component Type Outlook
                  4.1. Ingestible Sensors Revenue Share (%) Analysis, by Component, 2016 & 2024
                  4.2. Sensors
                      4.2.1. Market estimates and forecasts, 2013 to 2024 (USD Million)
                  4.3. Wearable Patch/ Data Recorder
                      4.3.1 Market estimates and forecasts, 2013 to 2024 (USD Million)
                  4.4. Software
                      4.4.1 Market estimates and forecasts, 2013 to 2024 (USD Million)

Chapter 5. Ingestible Sensors Type Outlook
                  5.1. Ingestible Sensors Revenue Share (%) Analysis, by Sensor type, 2016 & 2024
                  5.2. Temperature Sensor 
                      5.2.1. Market estimates and forecasts, 2013 to 2024 (USD Million)
                  5.3. Pressure Sensor
                      5.3.1. Market estimates and forecasts, 2013 to 2024 (USD Million)
                  5.4. pH Sensor
                      5.4.1. Market estimates and forecasts, 2013 to 2024 (USD Million)
                  5.5. Image Sensor
                      5.5.1. Market estimates and forecasts, 2013 to 2024 (USD Million)

Chapter 6. Ingestible Sensors Vertical Outlook
                  6.1. Ingestible Sensors Revenue Share (%) Analysis, by Vertical, 2016 & 2024
                  6.2. Medical Vertical
                      6.2.1. Market estimates and forecasts, 2013 to 2024 (USD Million)
                  6.3. Sports and fitness
                      6.3.1. Market estimates and forecasts, 2013 to 2024 (USD Million)
                  6.4. Others
                      6.4.1. Market estimates and forecasts, 2013 to 2024 (USD Million)

Chapter 7. Ingestible Sensors Regional Outlook
                  7.1. Ingestible Sensors Market Share (%) Analysis, by Region, 2013&2024
                  7.2. North America 
                      7.2.1. U.S.
                          7.2.1.1. U.S. Ingestible Sensors Market, by component, 2013 - 2024 (USD Million)
                          7.2.1.2. U.S. Ingestible Sensors Market, by sensor, 2013 - 2024 (USD Million)
                          7.2.1.3. U.S. Ingestible Sensors Market, by vertical, 2013 - 2024 (USD Million)
                      7.2.2. Canada 
                          7.2.2.1. Canada Ingestible Sensors Market, by component, 2013 - 2024 (USD Million)
                          7.2.2.2. Canada Ingestible Sensors Market, by sensor, 2013 - 2024 (USD Million)
                          7.2.2.3. Canada Ingestible Sensors Market, by vertical,2013 - 2024 (USD Million) 
                  7.3. Europe 
                      7.3.1. Germany 
                          7.3.1.1. Germany Ingestible Sensors Market, by component, 2013 - 2024 (USD Million)
                          7.3.1.2. Germany Ingestible Sensors Market, by sensor, 2013 - 2024 (USD Million)
                          7.3.1.3. Germany Ingestible Sensors Market, by vertical, 2013 - 2024 (USD Million) 
                      7.3.2. U.K.
                          7.3.2.1. U.K. Ingestible Sensors Market, by component, 2013 - 2024 (USD Million)
                          7.3.2.2. U.K. Ingestible Sensors Market, by sensor, 2013 - 2024 (USD Million)
                          7.3.2.3. U.K. Ingestible Sensors Market, by vertical, 2013 - 2024 (USD Million) 
                  7.4. Asia Pacific 
                      7.4.1. China 
                          7.4.1.1. China Ingestible Sensors Market, by component, 2013 - 2024 (USD Million)
                          7.4.1.2. China Ingestible Sensors Market, by sensor, 2013 - 2024 (USD Million)
                          7.4.1.3. China Ingestible Sensors Market, by vertical, 2013 - 2024 (USD Million)
                      7.4.2. India 
                          7.4.2.1. India Ingestible Sensors Market, by component, 2013 - 2024 (USD Million)
                          7.4.2.2. India Ingestible Sensors Market, by sensor, 2013 - 2024 (USD Million)
                          7.4.2.3. India Ingestible Sensors Market, by vertical 2013 - 2024 (USD Million)
                  7.5. MEA
                      7.5.1. South Africa
                          7.5.1.1. South Africa Ingestible Sensors Market, by component, 2012-2024 (USD Million)
                          7.5.1.2. South Africa Ingestible Sensors Market, by sensor, 2013 - 2024 (USD Million)
                          7.5.1.3. South Africa Ingestible Sensors Market, by vertical, 2013 - 2024 (USD Million)
                      7.5.2. Saudi Arabia
                          7.5.2.1. Saudi Arabia Ingestible Sensors Market, by component, 2013 - 2024 (USD Million)
                          7.5.2.2. Saudi Arabia Ingestible Sensors Market, by sensor, 2013 - 2024 (USD Million)
                          7.5.2.3. Saudi Arabia Ingestible Sensors Market, by vertical, 2013 - 2024 (USD Million)
                  7.6. Latin America
                      7.6.1. Brazil 
                          7.6.1.1. Brazil Ingestible Sensors Market, by component, 2013 - 2024 (USD Million)
                          7.6.1.2. Brazil Ingestible Sensors Market, by sensor, 2013 - 2024,(USD Million)
                          7.6.1.3. Brazil Ingestible Sensors Market, by vertical, 2013 - 2024 (USD Million)
                      7.6.2. Mexico
                          7.6.2.1. Mexico Ingestible Sensors Market, by component, 2013 - 2024 (USD Million)
                          7.6.2.2. Mexico Ingestible Sensors Market, by sensor, 2013 - 2024 (USD Million)
                          7.6.2.3. Mexico Ingestible Sensors Market, by vertical, 2013 - 2024 (USD Million)

Chapter 8. Competitive Landscape 
                  8.1. Proteus Digital Health, Inc.
                      8.1.1. Company Overview
                      8.1.2. Financial Performance
                      8.1.3. Product Benchmarking
                      8.1.4. Strategic Initiatives
                  8.2. CapsoVision, Inc.
                      8.2.1. Company Overview
                      8.2.2. Financial Performance
                      8.2.3. Product Benchmarking
                      8.2.4. Strategic Initiatives
                  8.3. Given Imaging, Inc.
                      8.3.1. Company Overview
                      8.3.2. Financial Performance
                      8.3.3. Product Benchmarking
                      8.3.4. Strategic Initiatives
                  8.4. Olympus Corporation
                      8.4.1. Company Overview
                      8.4.2. Financial Performance
                      8.4.3. Product Benchmarking
                      8.4.4. Strategic Initiatives
                  8.5. Medimetrics Personalized Drug Delivery B.V. 
                      8.5.1. Company Overview
                      8.5.2. Financial Performance
                      8.5.3. Product Benchmarking
                      8.5.4. Strategic Initiatives
                  8.6. HQ, Inc.
                      8.6.1. Company Overview
                      8.6.2. Financial Performance
                      8.6.3. Product Benchmarking
                      8.6.4. Strategic Initiatives
                  8.7. MC10, Inc.
                      8.7.1 Company Overview
                      8.7.2 Financial Performance
                      8.7.3 Product Benchmarking
                      8.7.4 Strategic Initiatives
                  8.8 Microchips Biotech, Inc.
                      8.8.1 Company Overview
                      8.8.2 Financial Performance
                      8.8.3 Product Benchmarking
                      8.8.4 Strategic Initiatives
List of Tables

1. Ingestible Sensors - Industry Snapshot & Key Buying Criteria, 2013 - 2024
2. Ingestible Sensors market revenue, by component, 2013 - 2024 (USD Million)
3. Ingestible Sensors market revenue, by sensor, 2013 - 2024 (USD Million)
4. Ingestible Sensors market revenue, by vertical, 2013 - 2024 (USD Million)
5. Ingestible Sensors market, by region, 2013 - 2024 (USD Million)
6. Ingestible Sensors - Key Market Driver Analysis
7. Ingestible Sensors - Key Market Restraint Analysis
8. North America Ingestible Sensors market revenue, 2013 - 2024 (USD Million)
9. U.S. Ingestible Sensors market revenue, by component, 2013 - 2024 (USD Million)
10. U.S. Ingestible Sensors market revenue, by sensor, 2013 - 2024 (USD Million)
11. U.S. Ingestible Sensors market revenue, by vertical, 2013 - 2024 (USD Million)
12. Canada Ingestible Sensors market revenue, by component, 2013 - 2024 (USD Million)
13. Canada Ingestible Sensors market revenue, by sensor, 2013 - 2024 (USD Million)
14. Canada Ingestible Sensors market revenue, by vertical, 2013 - 2024 (USD Million) 
15. Europe Ingestible Sensors market revenue, 2013 - 2024 (USD Million)
16. Germany Ingestible Sensors market revenue, by component, 2013 - 2024 (USD Million)
17. Germany Ingestible Sensors market revenue, by sensor, 2013 - 2024 (USD Million)
18. Germany Ingestible Sensors market revenue, by vertical, 2013 - 2024 (USD Million)
19. U.K. Ingestible Sensors market revenue, by component, 2013 - 2024 (USD Million)
20. U.K. Ingestible Sensors market revenue, by sensor, 2013 - 2024 (USD Million)
21. U.K. Ingestible Sensors market revenue, by vertical, 2013 - 2024 (USD Million)
22. Asia Pacific Ingestible Sensors market revenue, 2013 - 2024 (USD Million) 
23. China Ingestible Sensors market revenue, by component, 2013 - 2024 (USD Million)
24. China Ingestible Sensors market revenue, by sensor, 2013 - 2024 (USD Million)
25. China Ingestible Sensors market revenue, by vertical, 2013 - 2024 (USD Million)
26. India Ingestible Sensors market revenue, by component, 2013 - 2024 (USD Million)
27. India Ingestible Sensors market revenue, by sensor, 2013 - 2024 (USD Million)
28. India Ingestible Sensors market revenue, by vertical, 2013 - 2024 (USD Million)
29. Latin America Ingestible Sensors market revenue, 2013 - 2024 (USD Million) 
30. Brazil Ingestible Sensors market revenue, by component, 2013 - 2024 (USD Million)
31. Brazil Ingestible Sensors market revenue, by sensor, 2013 - 2024 (USD Million)
32. Brazil Ingestible Sensors market revenue, by vertical, 2013 - 2024 (USD Million)
33. Mexico Ingestible Sensors market revenue, by component, 2013 - 2024 (USD Million)
34. Mexico Ingestible Sensors market revenue, by sensor, 2013 - 2024 (USD Million)
35. Mexico Ingestible Sensors market revenue, by vertical, 2013 - 2024 (USD Million) 
36. MEA Ingestible Sensors market revenue, 2013 - 2024 (USD Million) 
37. South Africa Ingestible Sensors market revenue, by component, 2013 - 2024 (USD Million)
38. South Africa Ingestible Sensors market revenue, by sensor, 2013 - 2024 (USD Million)
39. South Africa Ingestible Sensors market revenue, by vertical, 2013 - 2024 (USD Million)
40. Saudi Arabia Ingestible Sensors market revenue, by component, 2013 - 2024 (USD Million)
41. Saudi Arabia Ingestible Sensors market revenue, by sensor, 2013 - 2024 (USD Million)
42. Saudi Arabia Ingestible Sensors market revenue, by vertical, 2013 - 2024 (USD Million) 


List of Figures

1. Ingestible Sensors: Market segmentation 
2. Ingestible Sensors, 2013 - 2024 (USD Million) 
3. Ingestible Sensors market: Industry trend analysis
4. Ingestible Sensors market: PESTEL analysis
5. Ingestible Sensors market: Porter's analysis
6. Ingestible Sensors company market share, 2015
7. Key Opportunities Prioritized 
8. Ingestible Sensors market revenue shares by component, 2016 & 2024
9. Ingestible Sensors market revenue shares by sensor, 2016 & 2024
10. Ingestible Sensors market revenue shares by vertical, 2016 & 2024
11. Ingestible Sensors market revenue shares by region, 2016 & 2024

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