The North America Ingestible Sensors Market would witness market growth of 10.4% CAGR during the forecast period (2022-2028).
The development of electronic components has led to the miniaturization, intelligence, and power efficiency of electronic devices. The size of microprocessors has decreased, and they are now more efficient and multipurpose. In addition, considerable advancements in battery technology have resulted in a large improvement in power and energy density, resulting in decreased physical dimensions that can function for longer durations.
This extraordinary advancement has made it possible to do high-fidelity telemetry along with high-performance data processing on extremely compact devices while consuming less energy. In addition to the development of electrical components, sensors have made significant strides in recent years. Due to advances in materials science, electronics, optics, and chemistry, sensors are today more dependable, sensitive, and compact than ever before.
In addition, the expanded capabilities of modern microcontrollers and signal processing have enabled the extraction of the noisiest sensor signals in a relatively short period of time with greater reliability. Recent innovations have revolutionized the development as well as the evolution of wearable electronics. Currently, they are utilized in a number of applications, including interactive communications, fitness trackers, medical devices for health monitoring and diagnostics, navigation tools, detectors for alertness, and increasingly as communications and media devices.
The introduction of new technologies is driving the expansion of the market for ingestible sensors throughout the region. Due to the widespread use of medical applications along with the availability of advanced infrastructure, the demand as well as the supply of ingestible sensors is high in the region. The United States is the leading nation in the sector in terms of technical breakthroughs and the adoption of the Internet of Things (IoT) in healthcare, since it enables internet-based monitoring, control, and tracking of everyday routines, including medication consumption. The Internet of Things in healthcare is considered as a new wave of digital medicine.
The US market dominated the North America Ingestible Sensors Market by Country in 2021; thereby, achieving a market value of $392.1 Million by 2028. The Canada market is experiencing a CAGR of 12.9% during (2022 - 2028). Additionally, The Mexico market would exhibit a CAGR of 11.9% during (2022 - 2028).
Based on Vertical, the market is segmented into Medical, Sports & Fitness and Others. Based on Component, the market is segmented into Sensor, Wearable Patch/Data Recorder and Software. Based on Sensor Type, the market is segmented into Temperature Sensor, Image Sensor, pH Sensor and Pressure Sensor. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Ingestible Sensors Market is Predict to reach $1.5 Billion by 2028, at a CAGR of 10.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Olympus Corporation, Check Cap Ltd., Dassault Systemes (Medidata Solutions, Inc.), etectRx™, Inc., H.Q., Inc., Otsuka Pharmaceutical Co., Ltd., CapsoVision, Inc., IntroMedic Co., Ltd. and Chongqing Jinshan Science and Technology Group Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Vertical
- Medical
- Sports & Fitness
- Others
By Component
- Sensor
- Temperature Sensor
- Image Sensor
- pH Sensor
- Pressure Sensor
- Wearable Patch/Data Recorder
- Software
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- Olympus Corporation
- Check Cap Ltd.
- Dassault Systemes (Medidata Solutions, Inc.)
- etectRx™, Inc.
- H.Q., Inc.
- Otsuka Pharmaceutical Co., Ltd.
- CapsoVision, Inc.
- IntroMedic Co., Ltd.
- Chongqing Jinshan Science and Technology Group Co., Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Ingestible Sensors Market, by Vertical
1.4.2 North America Ingestible Sensors Market, by Component
1.4.3 North America Ingestible Sensors Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Ingestible Sensors Market by Vertical
3.1 North America Medical Market by Country
3.2 North America Sports & Fitness Market by Country
3.3 North America Others Market by Country
Chapter 4. North America Ingestible Sensors Market by Component
4.1 North America Sensor Market by Country
4.2 North America Ingestible Sensors Market by Sensor Type
4.2.1 North America Temperature Sensor Market by Country
4.2.2 North America Image Sensor Market by Country
4.2.3 North America pH Sensor Market by Country
4.2.4 North America Pressure Sensor Market by Country
4.3 North America Wearable Patch/Data Recorder Market by Country
4.4 North America Software Market by Country
Chapter 5. North America Ingestible Sensors Market by Country
5.1 US Ingestible Sensors Market
5.1.1 US Ingestible Sensors Market by Vertical
5.1.2 US Ingestible Sensors Market by Component
5.1.2.1 US Ingestible Sensors Market by Sensor Type
5.2 Canada Ingestible Sensors Market
5.2.1 Canada Ingestible Sensors Market by Vertical
5.2.2 Canada Ingestible Sensors Market by Component
5.2.2.1 Canada Ingestible Sensors Market by Sensor Type
5.3 Mexico Ingestible Sensors Market
5.3.1 Mexico Ingestible Sensors Market by Vertical
5.3.2 Mexico Ingestible Sensors Market by Component
5.3.2.1 Mexico Ingestible Sensors Market by Sensor Type
5.4 Rest of North America Ingestible Sensors Market
5.4.1 Rest of North America Ingestible Sensors Market by Vertical
5.4.2 Rest of North America Ingestible Sensors Market by Component
5.4.2.1 Rest of North America Ingestible Sensors Market by Sensor Type
Chapter 6. Company Profiles
6.1 Medtronic PLC
6.1.1 Company overview
6.1.2 Financial Analysis
6.1.3 Segmental and Regional Analysis
6.1.4 Research & Development Expenses
6.1.5 SWOT Analysis
6.2 Olympus Corporation
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expense
6.3 Check Cap Ltd.
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Research & Development Expense
6.4 Dassault Systemes SE (Medidata Solutions, Inc.)
6.4.1 Company Overview
6.4.1 Financial Analysis
6.4.2 Regional Analysis
6.4.3 Research & Development Expense
6.5 etectRx™, Inc.
6.5.1 Company Overview
6.5.2 Recent strategies and developments:
6.5.2.1 Partnerships, Collaborations, and Agreements:
6.5.2.2 Approvals & Trails:
6.6 Otsuka Pharmaceutical Co., Ltd.
6.6.1 Company Overview
6.6.2 Recent strategies and developments:
6.6.2.1 Partnerships, Collaborations, and Agreements:
6.7 H.Q., Inc.
6.7.1 Company Overview
6.8 CapsoVision, Inc.
6.8.1 Company Overview
6.9 IntroMedic Co., Ltd.
6.9.1 Company Overview
6.10. Chongqing Jinshan Science and Technology Group Co., Ltd.
6.10.1 Company Overview
TABLE 1 North America Ingestible Sensors Market, 2018 - 2021, USD Million
TABLE 2 North America Ingestible Sensors Market, 2022 - 2028, USD Million
TABLE 3 North America Ingestible Sensors Market by Vertical, 2018 - 2021, USD Million
TABLE 4 North America Ingestible Sensors Market by Vertical, 2022 - 2028, USD Million
TABLE 5 North America Medical Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Medical Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Sports & Fitness Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Sports & Fitness Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Ingestible Sensors Market by Component, 2018 - 2021, USD Million
TABLE 12 North America Ingestible Sensors Market by Component, 2022 - 2028, USD Million
TABLE 13 North America Sensor Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Sensor Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Ingestible Sensors Market by Sensor Type, 2018 - 2021, USD Million
TABLE 16 North America Ingestible Sensors Market by Sensor Type, 2022 - 2028, USD Million
TABLE 17 North America Temperature Sensor Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Temperature Sensor Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Image Sensor Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Image Sensor Market by Country, 2022 - 2028, USD Million
TABLE 21 North America pH Sensor Market by Country, 2018 - 2021, USD Million
TABLE 22 North America pH Sensor Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Pressure Sensor Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Pressure Sensor Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Wearable Patch/Data Recorder Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Wearable Patch/Data Recorder Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Ingestible Sensors Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Ingestible Sensors Market by Country, 2022 - 2028, USD Million
TABLE 31 US Ingestible Sensors Market, 2018 - 2021, USD Million
TABLE 32 US Ingestible Sensors Market, 2022 - 2028, USD Million
TABLE 33 US Ingestible Sensors Market by Vertical, 2018 - 2021, USD Million
TABLE 34 US Ingestible Sensors Market by Vertical, 2022 - 2028, USD Million
TABLE 35 US Ingestible Sensors Market by Component, 2018 - 2021, USD Million
TABLE 36 US Ingestible Sensors Market by Component, 2022 - 2028, USD Million
TABLE 37 US Ingestible Sensors Market by Sensor Type, 2018 - 2021, USD Million
TABLE 38 US Ingestible Sensors Market by Sensor Type, 2022 - 2028, USD Million
TABLE 39 Canada Ingestible Sensors Market, 2018 - 2021, USD Million
TABLE 40 Canada Ingestible Sensors Market, 2022 - 2028, USD Million
TABLE 41 Canada Ingestible Sensors Market by Vertical, 2018 - 2021, USD Million
TABLE 42 Canada Ingestible Sensors Market by Vertical, 2022 - 2028, USD Million
TABLE 43 Canada Ingestible Sensors Market by Component, 2018 - 2021, USD Million
TABLE 44 Canada Ingestible Sensors Market by Component, 2022 - 2028, USD Million
TABLE 45 Canada Ingestible Sensors Market by Sensor Type, 2018 - 2021, USD Million
TABLE 46 Canada Ingestible Sensors Market by Sensor Type, 2022 - 2028, USD Million
TABLE 47 Mexico Ingestible Sensors Market, 2018 - 2021, USD Million
TABLE 48 Mexico Ingestible Sensors Market, 2022 - 2028, USD Million
TABLE 49 Mexico Ingestible Sensors Market by Vertical, 2018 - 2021, USD Million
TABLE 50 Mexico Ingestible Sensors Market by Vertical, 2022 - 2028, USD Million
TABLE 51 Mexico Ingestible Sensors Market by Component, 2018 - 2021, USD Million
TABLE 52 Mexico Ingestible Sensors Market by Component, 2022 - 2028, USD Million
TABLE 53 Mexico Ingestible Sensors Market by Sensor Type, 2018 - 2021, USD Million
TABLE 54 Mexico Ingestible Sensors Market by Sensor Type, 2022 - 2028, USD Million
TABLE 55 Rest of North America Ingestible Sensors Market, 2018 - 2021, USD Million
TABLE 56 Rest of North America Ingestible Sensors Market, 2022 - 2028, USD Million
TABLE 57 Rest of North America Ingestible Sensors Market by Vertical, 2018 - 2021, USD Million
TABLE 58 Rest of North America Ingestible Sensors Market by Vertical, 2022 - 2028, USD Million
TABLE 59 Rest of North America Ingestible Sensors Market by Component, 2018 - 2021, USD Million
TABLE 60 Rest of North America Ingestible Sensors Market by Component, 2022 - 2028, USD Million
TABLE 61 Rest of North America Ingestible Sensors Market by Sensor Type, 2018 - 2021, USD Million
TABLE 62 Rest of North America Ingestible Sensors Market by Sensor Type, 2022 - 2028, USD Million
TABLE 63 Key Information – Medtronic PLC
TABLE 64 key Information – Olympus Corporation
TABLE 65 Key Information – Check Cap Ltd.
TABLE 66 Key Information – Dassault Systemes SE
TABLE 67 Key Information – etectRx™, Inc.
TABLE 68 key information – Otsuka Pharmaceutical Co., Ltd.
TABLE 69 Key Information – H.Q., Inc.
TABLE 70 key Information – CapsoVision, Inc.
TABLE 71 Key Information – IntroMedic Co., Ltd.
TABLE 72 key Information – Chongqing Jinshan Science and Technology Group Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 Swot analysis: Medtronic plc
FIG 3 Recent strategies and developments: etectRx™, Inc.