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Ingestible Sensor Market Trends by 2030 - Changes in Business Strategies by leaders like CapsoVision, Inc., Given Imaging, Ltd., HQ, Inc., MC10 Inc., Medimetrics Personalized Drug Delivery B.V., Microchips Biotech, Inc., Olympus Corporation, Oracle, Prote

04-13-2020 06:47 PM CET | IT, New Media & Software

Press release from: Allied Market Research

Ingestible sensor is a technologically advanced product of digital medical industry. Once these sensors are swallowed, they monitor various body activities such as pulse, solution check, and heart rate, and identify acute issues on a continuous basis. These sensors are connected with programming devices, other sensors, and information recorders. The recorded information can be downloaded on smartphones with the assistance of connected discover application. This application assists patients to analyze the information and take decisions pertaining to medications and others.

The growth of the global ingestible sensor market is driven by continuous development in the sensor market, rise in prevalence of chronic conditions & life-threatening diseases, and perpetual health issues. Furthermore, growth in population and increase in expenditure on smart devices to enhance lifestyle are expected to fuel the market growth. Moreover, increase in initiatives by government to improve healthcare education and rise in awareness towards health concerns are anticipated to propel the growth of the market. However, reluctance of individuals to swallow these pills is expected to restrain the market growth.

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The ingestible sensor market is segmented on the basis of components, type, vertical, and geography. By component, the market is categorized into sensor, data recorder, and software. Based on type, it is classified into temperature, pressure, pH, and image sensor. According to vertical, it is bifurcated into medical and sports & fitness.

Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The key players operating in the market include CapsoVision, Inc., Given Imaging, Ltd., HQ, Inc., MC10 Inc., Medimetrics Personalized Drug Delivery B.V., Microchips Biotech, Inc., Olympus Corporation, Oracle, Proteus Digital Health, Inc., and Medtronic.

Key Benefits for Stakeholders
o This report provides an extensive analysis of the current and emerging market trends, dynamics, and estimations for the key market segments in the global ingestible sensor market from 2020 to 2027.
o Extensive analysis of the market by component and vertical helps to understand the sensors that are currently used and the variants that are expected to gain prominence in the future.
o This report presents competitive intelligence of the market to understand the competitive scenario across the countries globally.

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Ingestible Sensor Market Key Segments:
Component
o Sensor
o Data Recorder
o Software
Type
o Temperature
o Pressure
o pH
o Image Sensor
Vertical
o Medical
o Sports & Fitness
Geography
o North America
o U.S.
o Canada
o Mexico
o Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
o Europe
o UK
o Germany
o France
o Russia
o Rest of Europe
o LAMEA
o Latin America
o Middle East
o Africa

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Key Players:
o CapsoVision, Inc.
o Given Imaging, Ltd.
o HQ, Inc.
o MC10 Inc.
o Medimetrics Personalized Drug Delivery B.V.
o Microchips Biotech, Inc.
o Olympus Corporation
o Oracle Corporation
o Proteus Digital Health, Inc.
o Medtronic

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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