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Global Digestible Sensors Market Size, Share, Forecast Report, 2020-2027

Global Digestible Sensors Market Size, Share, Forecast Report, 2020-2027

Status: Published Category: Healthcare Insight Code: 2547 Format: PDF / PPT / Excel

Content

The global digestible sensors market is expected to gain prominence over the forecast period. It is estimated that the global digestible sensors market is expected to grow at a CAGR ~ 18.6% during the forecast period of 2016–2027. A digestible sensor is entirely made from edible materials and is activated upon ingestion. This sensor transfers medical information about a patient to the respective medical professionals to help them customize the care to the individual as well as the medical care provided to other individuals facing similar health conditions or ailments. Additionally, digestible sensors consist of a wearable patch and ingestible sensors. The growing prevalence of chronic and lifestyle diseases such as colon cancer, obesity and gastrointestinal diseases, increasing technological advancements in medical devices, and rise in demand for medication adherence products drives the growth of the global digestible sensors market. For instance, according to the American Cancer Society, in 2017, 27,150 men and 23,110 women had colorectal cancer in the US Moreover, growing aging population, increasing healthcare infrastructure, and rising use of smartphones contribute to the growth of the market.

Despite the drivers, technical and clinical complexities along with high cost associated with technologically advanced devices, and unawareness about the digestible sensors are some of the factors hindering the growth of the global digestible sensors market.
Segmentation

The global digestible sensors market is segmented on the basis of the products, application, and technology, and end-user. The market is further segmented into, by-products which include strip sensors, invasive sensors, ingestible sensors, and others. By application, the market is segmented into diagnostics, patient monitoring, and therapeutics. The global digestible sensors market, by technology, is segmented into image, temperature, pressure, biosensors, and accelerometer. By end-user, the market is segmented into consumer, pharmaceutical companies, healthcare providers, sports and fitness institutes and others. Geographically, the global digestible sensors market has been segmented into America, Europe, Asia-Pacific, and the Middle East and Africa. The American digestible sensors market is further segmented into North America and South America. North America is further classified as the US and Canada. The European digestible sensors market is segmented into Western Europe and Eastern Europe. Western Europe is further classified as Germany, France, UK, Italy, Spain, and Rest of Western Europe. The Asia-Pacific digestible sensors market is segmented into Japan, China, India, Republic of Korea, Australia, and Rest of Asia-Pacific. The Middle Eastern and African digestible sensors market is segmented into the Middle East, and Africa.

Key players

Some of the key players in the global digestible sensors market are Proteus Digital Health, Freescale Semiconductor, Inc., Philips Healthcare, STMicroelectronics, Analog Devices, Inc., GE Healthcare, Honeywell International, Measurement Specialties, Medtronic Plc, Sensirion AG, Smiths Medical, and others.

Global Digestible Sensors Market, by Product

  • Strip sensors
  • Ingestible sensors
  • Invasive sensors
  • Wearable sensors
  • Implantable sensors

Global Digestible Sensors Market, by Application

  • Diagnostics
  • Patient Monitoring
  • Therapeutics

Global Digestible Sensors Market, by Technology

  • Image
  • Temperature
  • Pressure
  • Biosensors
  • Accelerometer

Global Digestible Sensors Market, by End-User

  • Consumer
  • Pharmaceutical companies
  • Healthcare providers
  • Sports & fitness institutes
  • Others
  • Insight Code: 2547
  • No. of Pages: 250
  • Format: PDF/PPT/Excel
  • Published: July 2020
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034