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Ingestible Sensors Market Share

Report ID: GMI8688
Published Date: Mar 2024
Report Format: PDF

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Ingestible Sensors Market Share

Key players focus on expanding their market presence and geographic reach through strategic investments, acquisitions, and partnerships. This includes entering new geographic markets, establishing distribution networks, and strengthening their presence in key regions with high demand for ingestible sensor technologies.

Ingestible Sensors Market Companies

Some of the eminent market participants operating in the ingestible sensors industry include:

BodyCAP
CapsoVision, Inc.
Check-Cap
etectRx
IntroMedic
JINSHAN Science & Technology
Koninklijke Philips N.V.
Medtronic plc
Olympus Corporation
Otsuka Holdings Co., Ltd.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Ingestible sensors market size was USD 849.7 million in 2023 and is expected to register 9.2% CAGR from 2024-2032 owing to the growing shift towards preventive healthcare, increase in R&D activities and investments, and supportive regulatory guidelines worldwide.

The sensors segment recorded USD 459.4 million in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to increasing prevalence of chronic diseases and the growing demand for personalized healthcare solutions.

North America ingestible sensors industry reached USD 355.6 million in 2023 due to growing awareness among consumers, about the benefits of digital health technologies, including ingestible sensors, for personalized healthcare and wellness management in the region.

BodyCAP, CapsoVision, Inc., Check-Cap, etectRx, IntroMedic, JINSHAN Science & Technology, Koninklijke Philips N.V., Medtronic plc, Olympus Corporation, and Otsuka Holdings Co., Ltd., are some of the major ingestible sensors companies worldwide.