This report on Ingestible Temperature Sensor market covers main driver for the overall market from 2023 to 2032

The body temperature of patients and astronauts is measured using an ingestible temperature sensor. It is used to keep track of the body's temperature and note any sudden temperature fluctuations that, if left unnoticed, could be fatal. The ingestible temperature sensor, also known as a pill thermometer, broadcasts a frequency corresponding to the body's temperature after being swallowed. The external recorder then captures the relative frequency.
John Hopkins Applied Physics Laboratory and the Goddard Space Flight Center created the first pill thermometer. Astronauts used this technique to identify hypothermia and hyperthermia throughout their space missions.

The market research study on the worldwide Ingestible Temperature Sensor market offers a thorough analysis of the different processes and components used to create the market's goods. The study examines a number of factors, such as the manufacturing and end-use segments of the Ingestible Temperature Sensor market products, starting with an analysis of the industry chain and ending with an analysis of the cost structure. The research includes a complete analysis of the most recent trends in the market to assess how they will affect the creation of Ingestible Temperature Sensor market goods.

Studies have been done on the outcomes of recent scientific efforts aimed at creating novel ingestible temperature sensor goods. However, this statistical surveying study also looks at the elements that influence the major market players to source their products synthetically. The key actors in the market will find considerable value in the conclusions offered in this paper. In order to examine the insights on cost-effective manufacturing processes, the competitive landscape, and new opportunities for applications, this research includes mentions of every company involved in the global production of Ingestible Temperature Sensor market goods.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Ingestible Temperature Sensor manufacturers, distributors, end users, industry associations, governments' industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Ingestible Temperature Sensor market covering all its essential aspects.

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Global Ingestible Temperature Sensor Market: Segmentations

Global Ingestible Temperature Sensor Market: By Key Players
Koninklijke Philips
HQ
Medtronic
BodyCap
myTemp BV

Global Ingestible Temperature Sensor Market: By Types
Up to 48 Hour Period
Above 48 Hour Period

Global Ingestible Temperature Sensor Market: By Applications
Healthcare/Medical
Sport & Fitness

Global Ingestible Temperature Sensor Market: Regional Analysis
The countries covered in the regional analysis of the Global Ingestible Temperature Sensor market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Global Ingestible Temperature Sensor Market
Simply put, these are ingestible electronic devices of the size of a pill with a power source, microprocessor, controller, sensors, etc. made of biocompatible materials that allow the device to communicate and be used in the healthcare sector for illness monitoring and diagnosis.

The market for ingestible temperature sensors was estimated to be worth US$ 21 million in 2022 and is projected to grow to US$ 43 million by 2029, at a CAGR of 10.5% from 2023 to 2029. When calculating market sizes, the impact of COVID-19 and the Netherlands-Ukraine War were taken into account.

Koninklijke Philips, HQ, Medtronic, BodyCap, myTemp BV, and others are the leading global competitors in the market for ingestible temperature sensors. More than 87% of the market share is presently held by these top firms, and it is anticipated that they will continue to dominate the market throughout the projected period.

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