Ingestible Medical Devices Market Growth 2021 Along with Business Insights and Forecast to 2027

Latest released, the research study on Global Ingestible Medical Devices Market Research Report 2021, report comprises growth rate, size, analysis by type, market segment by Application, market competition by manufacturers, share by region, manufacturing cost analysis, Also, the Ingestible Medical Devices Market offers market breakdown, competitive situation and trends, key raw materials analysis, dynamics, forecast by type, by application and revenue estimates with covid-19 impact till 2027.

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The Ingestible Medical Devices Market is expected to register a CAGR of 20.6% over the forecast period 2021 – 2027.

The study covers competitive landscape of top manufacturers are: Proteus Digital Health Inc., Koninklijke Philips, Microchips Biotech Inc., CapsoVision Inc., H.Q.Inc., Given Imaging, Olympus Corp, JINSHAN Science & Technology, Medtronic PLC, IntroMedic

Recent Developments:

Philips has acquired 36 companies, including 16 in the last 5 years. A total of 13 acquisitions came from private equity firms. It has also divested 13 assets.

Philips’ largest acquisition to date was in 2007, when it acquired Respironics for $5.1B. It’s largest disclosed sale occurred in 2021, when it sold Koninklijke Philips - Domestic Appliances Business to Hillhouse Capital Management for $3.7B. Philips has acquired in 12 different US states, and 10 countries. The Company’s most targeted sectors include medical products (38%) and information technology (10%).

Global Ingestible Medical Devices Market Segmentation:

Segmentation By Type:

Temperature Devices

Pressure Devices

pH Devices

Image Devices

Segmentation By Application:

Medical

Sports and Fitness

Others

Market Overview:

High prevalence of diseases such as gastroenteritis and colon cancer, rising patient awareness, increasing research and development initiatives, advent of high-throughput screening (HTS) for drug discovery, and genomic technology are key factors driving the ingestible medical device market. According to the Center for Disease Control and Prevention, October 2016, China outbreak the incidences of norovirus infection among 79% of its population. In 2015, the WHO stated that the number of new cancer cases are expected to rise by about 70% over the next two decades.

Regional Analysis:

North America dominates the global ingestible medical devices market due to the increase in funding for the development of research and health care infrastructure. Rising incidence of epidemic diseases and early phase diagnosis and treatment of diseases are driving the biotechnology segment, which in turn is expected to boost the ingestible medical device market in North America. Europe is the second largest Ingestible Medical Devices Market, as there are favorable government policies regarding the development of health care infrastructure and molecular device companies. 

The Ingestible Medical Devices Market research offers an in-depth analysis of market growth and other factors in key nations (regions), including:

-              North America (United States, Canada and Mexico)

-              Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

-              Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

-              South America (Brazil, Argentina, Colombia, and Rest of South America)

-              Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

Report Link:

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Highlights of Ingestible Medical Devices Market report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market

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Table of Contents:

Global Ingestible Medical Devices Market Research Report 2021

Chapter 1 - Market Overview

Chapter 2 - Industry's Global Economic Impact

Chapter 3 - Manufacturers' Global Market Competition

Chapter 4 - Revenue (Value) by Region for Global Productions

Chapter 5 - By Regions: Global Provisions (Production), Consumption, Export, and Import

Chapter 6 - Productions in the World, Revenue (Value), and Price Trends by Type

Chapter 7- Global Market Analysis by Application

Chapter 8 - Manufacturing Cost Analysis

Chapter 9 - Industrial Chain, Sourcing plan and Downstream Buyers

Chapter 10 - Marketing Strategy Analysis, Distributors/Traders

Chapter 11- Market Effect Factors Analysis

Chapter 12- Global Ingestible Medical Devices Market Forecast

Customization:

The Global Ingestible Medical Devices Market research may be customized to match your unique company requirements. We offer free 25 percent customization for any of our Market Intelligence Data reports to all of our clients since we understand what they want.

Impact of Covid-19:

The influence of COVID-19 on market growth is considered in the research. The effect of the COVID-19 epidemic on the Ingestible Medical Devices Market and its major segments is enclosed in depth in this report. It also addresses the pandemic's present and future consequences, as well as a post-COVID-19 scenario to provide for a more in-depth knowledge of dynamic changes in the market.

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This release was published on openPR.