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Analysts’ Viewpoint
Imaging capsules cater to high-priority clinical demands with non-invasive imaging. Emerging sensor types, such as pH monitors are gaining popularity due to their customizable potential in medicine administration.
The combination of innovative sensing technologies and well-defined care or performance challenges are expected to decide future investment and commercial feasibility. Technologies with numerous applications are projected to experience early acceptance.
Pharmaceutical collaborations are crucial to launch the next generation of smart pills. Several big pharmaceutical companies are cooperating with sensor startups to combine digital therapeutics and medication adherence monitoring, which is expected to offer lucrative ingestible sensors market opportunities.
This synergistic approach views sensors as enabling technologies rather than isolated products. It gives useful clinical data while improving medication reimbursement and patient engagement business models.
Ingestible sensors are tiny devices that can be swallowed like regular pills. They include small sensors that may detect conditions within the gastrointestinal system or adjacent tissues.
Some sensors include microscopic cameras that capture images of inside organs as they move by, while others assess temperature, pH, pressure, and other indicators.
The primary benefit of ingestible sensors is their non-invasive nature. They enable clinicians to monitor interior physiological processes without requiring complicated endoscopic procedures. This makes them more comfortable for patients and offers a less expensive option to some medical testing.
Data from gastrointestinal sensors can provide extensive insights into gastrointestinal symptoms and aid in the diagnosis of illnesses such as ulcers, tumors, and digestive problems.
Continuous miniaturization of electronic components is a significant factor in the formation of ingestible sensors. Sensors, batteries, processors, and wireless radios can be miniaturized to fit easily through the digestive tract, revolutionizing healthcare with ingestible sensor technology.
Early prototype ingestible sensors were the size of AA batteries; however, with rapid technological improvement, modern equivalents may be as little as a grain of rice. Manufacturers are even putting flexible electronics and circuitry directly into pill coatings rather than hard packaging.
This decrease in size significantly enhances biocompatibility, patient tolerability, and comfort level. It enables a wide range of substance measuring capabilities. In contrast to a few years ago, miniaturized sensors can now assess hundreds of biomarkers at the same time.
Silicon chip downsizing, nanofabrication processes, better batteries, and novel flexible electronics substrates are all reducing component sizes to micro or even nanoscales.
With the current rate of advancement, it is anticipated that ingestible sensors or capsules as tiny as blood cells may be introduced in the near future. Thus, miniaturization is expected to be a key ingestible sensors market trend.
The surge in need for personalized, data-driven healthcare based on specific patient requirements and biology is a major factor driving market progress. As personalized medicine evolves, ingestible sensors are well positioned to collect rich phenotypic data.
Sensors that may travel through the GI system or stay in the stomach for weeks, accumulate a wealth of biomarker data over time. This in-depth physiological understanding of medication metabolism, nutritional absorption, and organ function aids in the individualized optimization of treatment regimens.
Genomic data may also be linked to sensor evaluations of medication efficacy and side effects, helping to better understand disease risk and anticipate treatment responses based on genetics. This offers next-level accuracy by combining different data modalities.
As tailored techniques grow more common, ingestible sensors for personalized nutrition tracking provide a constant stream of bespoke inside-the-body knowledge, enabling preventative tactics and proactive care through remote monitoring between medical appointments.
In terms of type, the global ingestible sensors market segmentation includes imaging capsules, temperature sensing capsules, medication monitoring pills, and others. Others include pH monitoring systems, constipation management, etc.
Imaging capsules, often known as capsule endoscopes, were the first ingestible sensor type licensed for extensive clinical usage. They have a dominant position in the ingestible sensor industry since their launch over 20 years ago.
PillCam Secure (now Medtronic) got FDA authorization in 2001, changing small intestinal imaging. Subsequent studies revealed higher detection rates for illnesses such as obscure GI hemorrhage or Crohn's disease than standard endoscopy.
Mass-market sales increased when the Centers for Medicare and Medicaid Services' coverage policy was implemented in 2004, resulting in more than 5 million operations conducted till date.
Manufacturers such as Medtronic and Olympus continue to develop capsule technology, including better cameras and additional indications, while preserving insurance backing.
As per the ingestible sensors market analysis, based on end-use industry, the market is classified into healthcare/medical, sports & fitness, and others.
The sports & fitness segment is expected to be the fastest growing, ascribed to the growing popularity of ingestible fitness devices and the need for additional information on sports performance, recuperation, and dietary optimization.
As the industry evolves, improved swallowable sensors may be able to measure hydration, electrolyte balance, and other indicators in real time. Athletes benefit from accurate real-time readings during games or practices.
Data generated through internal monitoring devices may also assist fitness experts in developing more personalized training programs and food diets for their clients.
According to the latest ingestible sensors market insights, North America dominates the landscape. Early adoption and a well-established healthcare system that values innovation drives market dynamics in the region. The United States has led the way in launching novel applications for ingestible sensor technology.
Furthermore, favorable legislation, robust reimbursement policies, and major financing for clinical studies have allowed innovative ingestible sensor goods to swiftly enter the market in the region.
With large companies already established and more expansions expected, the ingestible sensors market share of North America is likely to remain significant due to its first-mover advantage and favorable economic and regulatory environment.Europe accounts for second largest share of the market.
Strong government support for healthcare research and digital technologies, high consumer demand for health technologies, and a favorable regulatory framework that enables new products to reach customers faster while ensuring safety are driving ingestible sensors industry growth in Europe.
Furthermore, large European medical device companies have entered the space, helping to commercialize offerings.Asia Pacific is projected to become the fastest growing market for ingestible sensors.
Growth in healthcare costs, a huge patient population, and strong government backing for technology advancements in China, Japan, South Korea, and India are key factors propelling market development. Many local Asian enterprises are already producing low-cost ingestible sensors for both home and international markets.
Rapid economic growth and expanding healthcare accessibility in Asia Pacific are expected boost the ingestible sensors market in the next few years.
The global ingestible sensors market is fragmented with the presence of several players. Various manufacturers are signing partnerships, entering into strategic mergers & acquisitions, and expanding in emerging economies to strengthen their market position.
BodyCAP, CapsoVision, Inc., etectRx, JINSHAN Science & Technology (Group) Co., Ltd., Koninklijke Philips N.V., Medtronic, Olympus Corporation, and Otsuka America Pharmaceutical, Inc. are the prominent entities operating in this market.
Each of these companies has been profiled in the ingestible sensors market report based on parameters such as company overview, business strategies, financial overview, business segments, product portfolio, and recent developments.
| Attribute | Detail |
|---|---|
| Size in 2022 | US$ 516.7 Mn |
| Forecast Value in 2031 | US$ 1.5 Bn |
| CAGR - 2022-2031 | 13.0% |
| Forecast Period | 2023-2031 |
| Historical Data Available for | 2017-2021 |
| Quantitative Units | US$ Mn/Bn for Value |
| Market Analysis | It includes segment analysis as well as regional level analysis. Moreover, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis. |
| Competition Landscape |
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| Format | Electronic (PDF) + Excel |
| Segmentation |
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| Regions Covered |
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| Countries Covered |
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| Companies Profiled |
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| Customization Scope | Available Upon Request |
| Pricing | Available Upon Request |
It was valued at US$ 516.7 Mn in 2022
It is projected to reach more than US$ 1.5 Bn by the end of 2031
The CAGR is anticipated to be 13.0% from 2023 to 2031
North America is expected to account for largest share from 2023 to 2031
Otsuka America Pharmaceutical, Inc., CapsoVision, Inc., Olympus Corporation, Medtronic, etectRx, and JINSHAN Science & Technology (Group) Co., Ltd.
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Ingestible Sensors Market
4. Market Overview
4.1. Introduction
4.1.1. Segment Definition
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Ingestible Sensors Market Analysis and Forecasts, 2017–2031
4.4.1. Market Revenue Projections (US$ Mn)
5. Key Insights
5.1. Key Product/Brand Analysis
5.2. Key Industry Events
5.3. Covid-19 Pandemic Impact on Industry
6. Global Ingestible Sensors Market Analysis and Forecasts, By Type
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Market Value Forecast By Type, 2017–2031
6.3.1. Imaging Capsules
6.3.2. Temperature Sensing Capsules
6.3.3. Medication Monitoring Pills
6.3.4. Others
6.4. Market Attractiveness By Type
7. Global Ingestible Sensors Market Analysis and Forecasts, By End-use Industry
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Market Value Forecast By End-use Industry, 2017–2031
7.3.1. Healthcare/Medical
7.3.2. Sports & Fitness
7.3.3. Others
7.4. Market Attractiveness By End-use Industry
8. Global Ingestible Sensors Market Analysis and Forecasts, By Region
8.1. Key Findings
8.2. Market Value Forecast By Region
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Latin America
8.2.5. Middle East & Africa
8.3. Market Attractiveness By Country/Region
9. North America Ingestible Sensors Market Analysis and Forecast
9.1. Introduction
9.1.1. Key Findings
9.2. Market Value Forecast By Type, 2017–2031
9.2.1. Imaging Capsules
9.2.2. Temperature Sensing Capsules
9.2.3. Medication Monitoring Pills
9.2.4. Others
9.3. Market Value Forecast By End-use Industry, 2017–2031
9.3.1. Healthcare/Medical
9.3.2. Sports & Fitness
9.3.3. Others
9.4. Market Value Forecast By Country, 2017–2031
9.4.1. U.S.
9.4.2. Canada
9.5. Market Attractiveness Analysis
9.5.1. By Type
9.5.2. By End-use Industry
9.5.3. By Country
10. Europe Ingestible Sensors Market Analysis and Forecast
10.1. Introduction
10.1.1. Key Findings
10.2. Market Value Forecast By Type, 2017–2031
10.2.1. Imaging Capsules
10.2.2. Temperature Sensing Capsules
10.2.3. Medication Monitoring Pills
10.2.4. Others
10.3. Market Value Forecast By End-use Industry, 2017–2031
10.3.1. Healthcare/Medical
10.3.2. Sports & Fitness
10.3.3. Others
10.4. Market Value Forecast By Country/Sub-region, 2017–2031
10.4.1. Germany
10.4.2. U.K.
10.4.3. France
10.4.4. Italy
10.4.5. Spain
10.4.6. Rest of Europe
10.5. Market Attractiveness Analysis
10.5.1. By Type
10.5.2. By End-use Industry
10.5.3. By Country/Sub-region
11. Asia Pacific Ingestible Sensors Market Analysis and Forecast
11.1. Introduction
11.1.1. Key Findings
11.2. Market Value Forecast By Type, 2017–2031
11.2.1. Imaging Capsules
11.2.2. Temperature Sensing Capsules
11.2.3. Medication Monitoring Pills
11.2.4. Others
11.3. Market Value Forecast By End-use Industry, 2017–2031
11.3.1. Healthcare/Medical
11.3.2. Sports & Fitness
11.3.3. Others
11.4. Market Value Forecast By Country/Sub-region, 2017–2031
11.4.1. China
11.4.2. Japan
11.4.3. India
11.4.4. Australia & New Zealand
11.4.5. Rest of Asia Pacific
11.5. Market Attractiveness Analysis
11.5.1. By Type
11.5.2. By End-use Industry
11.5.3. By Country/Sub-region
12. Latin America Ingestible Sensors Market Analysis and Forecast
12.1. Introduction
12.1.1. Key Findings
12.2. Market Value Forecast By Type, 2017–2031
12.2.1. Imaging Capsules
12.2.2. Temperature Sensing Capsules
12.2.3. Medication Monitoring Pills
12.2.4. Others
12.3. Market Value Forecast By End-use Industry, 2017–2031
12.3.1. Healthcare/Medical
12.3.2. Sports & Fitness
12.3.3. Others
12.4. Market Value Forecast By Country/Sub-region, 2017–2031
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Rest of Latin America
12.5. Market Attractiveness Analysis
12.5.1. By Type
12.5.2. By End-use Industry
12.5.3. By Country/Sub-region
13. Middle East & Africa Ingestible Sensors Market Analysis and Forecast
13.1. Introduction
13.1.1. Key Findings
13.2. Market Value Forecast By Type, 2017–2031
13.2.1. Imaging Capsules
13.2.2. Temperature Sensing Capsules
13.2.3. Medication Monitoring Pills
13.2.4. Others
13.3. Market Value Forecast By End-use Industry, 2017–2031
13.3.1. Healthcare/Medical
13.3.2. Sports & Fitness
13.3.3. Others
13.4. Market Value Forecast By Country/Sub-region, 2017–2031
13.4.1. GCC Countries
13.4.2. South Africa
13.4.3. Rest of Middle East & Africa
13.5. Market Attractiveness Analysis
13.5.1. By Type
13.5.2. By End-use Industry
13.5.3. By Country/Sub-region
14. Competition Landscape
14.1. Market Player – Competition Matrix (By Tier and Size of companies)
14.2. Company Profiles
14.2.1. Otsuka America Pharmaceutical, Inc.
14.2.1.1. Company Overview
14.2.1.2. Financial Overview
14.2.1.3. Product Portfolio
14.2.1.4. Business Strategies
14.2.1.5. Recent Developments
14.2.2. CapsoVision, Inc.
14.2.2.1. Company Overview
14.2.2.2. Financial Overview
14.2.2.3. Product Portfolio
14.2.2.4. Business Strategies
14.2.2.5. Recent Developments
14.2.3. Olympus Corporation
14.2.3.1. Company Overview
14.2.3.2. Financial Overview
14.2.3.3. Product Portfolio
14.2.3.4. Business Strategies
14.2.3.5. Recent Developments
14.2.4. Medtronic
14.2.4.1. Company Overview
14.2.4.2. Financial Overview
14.2.4.3. Product Portfolio
14.2.4.4. Business Strategies
14.2.4.5. Recent Developments
14.2.5. etectRx
14.2.5.1. Company Overview
14.2.5.2. Financial Overview
14.2.5.3. Product Portfolio
14.2.5.4. Business Strategies
14.2.5.5. Recent Developments
14.2.6. JINSHAN Science & Technology (Group) Co., Ltd.
14.2.6.1. Company Overview
14.2.6.2. Financial Overview
14.2.6.3. Product Portfolio
14.2.6.4. Business Strategies
14.2.6.5. Recent Developments
14.2.7. Koninklijke Philips N.V.
14.2.7.1. Company Overview
14.2.7.2. Financial Overview
14.2.7.3. Product Portfolio
14.2.7.4. Business Strategies
14.2.7.5. Recent Developments
14.2.8. BodyCAP
14.2.8.1. Company Overview
14.2.8.2. Financial Overview
14.2.8.3. Product Portfolio
14.2.8.4. Business Strategies
14.2.8.5. Recent Developments
List of Tables
Table 01: Global Ingestible Sensors Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 02: Global Ingestible Sensors Market Value (US$ Mn) Forecast, by End-use Industry, 2017–2031
Table 03: Global Ingestible Sensors Market Value (US$ Mn) Forecast, by Region, 2017–2031
Table 04: North America Ingestible Sensors Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 05: North America Ingestible Sensors Market Value (US$ Mn) Forecast, by End-use Industry, 2017–2031
Table 06: North America Ingestible Sensors Market Value (US$ Mn) Forecast, by Country, 2017–2031
Table 07: Europe Ingestible Sensors Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 08: Europe Ingestible Sensors Market Value (US$ Mn) Forecast, by End-use Industry, 2017–2031
Table 09: Europe Ingestible Sensors Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 10: Asia Pacific Ingestible Sensors Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 11: Asia Pacific Ingestible Sensors Market Value (US$ Mn) Forecast, by End-use Industry, 2017–2031
Table 12: Asia Pacific Ingestible Sensors Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 13: Latin America Ingestible Sensors Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 14: Latin America Ingestible Sensors Market Value (US$ Mn) Forecast, by End-use Industry, 2017–2031
Table 15: Latin America Ingestible Sensors Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
Table 16: Middle East & Africa Ingestible Sensors Market Value (US$ Mn) Forecast, by Type, 2017–2031
Table 17: Middle East & Africa Ingestible Sensors Market Value (US$ Mn) Forecast, by End-use Industry, 2017–2031
Table 18: Middle East & Africa Ingestible Sensors Market Value (US$ Mn) Forecast, by Country/Sub-region, 2017–2031
List of Figures
Figure 01: Global Ingestible Sensors Market Value (US$ Mn), 2017–2031
Figure 02: Global Ingestible Sensors Market Value Share, by Type, 2022
Figure 03: Global Ingestible Sensors Market Value Share, by End-use Industry, 2022
Figure 04: Global Ingestible Sensors Market Value Share, by Region, 2022
Figure 05: Global Ingestible Sensors Market Value Share Analysis, by Type, 2022–2031
Figure 06: Global Ingestible Sensors Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), by Imaging Capsules, 2017–2031
Figure 07: Global Ingestible Sensors Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), by Temperature Sensing Capsules, 2017–2031
Figure 08: Global Ingestible Sensors Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), by Medication Monitoring Pills, 2017–2031
Figure 09: Global Ingestible Sensors Market Attractiveness Analysis, by Type, 2023–2031
Figure 10: Global Ingestible Sensors Market Value Share Analysis, by End-use Industry, 2022–2031
Figure 11: Global Ingestible Sensors Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), by Healthcare/Medical, 2017–2031
Figure 12: Global Ingestible Sensors Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), by Sports & Fitness, 2017–2031
Figure 13: Global Ingestible Sensors Market Value (US$ Mn) Forecast and Y-o-Y Growth (%), by Others, 2017–2031
Figure 14: Global Ingestible Sensors Market Attractiveness Analysis, by End-use Industry, 2023–2031
Figure 15: Global Ingestible Sensors Market Value Share Analysis, by Region, 2022–2031
Figure 16: Global Ingestible Sensors Market Attractiveness Analysis, by Region, 2023–2031
Figure 17: North America Ingestible Sensors Market (US$ Mn) Forecast, 2017–2031
Figure 18: North America Ingestible Sensors Market Value Share Analysis, by Type, 2022–2031
Figure 19: North America Ingestible Sensors Market Attractiveness Analysis, by Type, 2023–2031
Figure 20: North America Ingestible Sensors Market Value Share Analysis, by End-use Industry, 2022–2031
Figure 21: North America Ingestible Sensors Market Attractiveness Analysis, by End-use Industry, 2023–2031
Figure 22: North America Ingestible Sensors Market Value Share Analysis, by Country, 2022–2031
Figure 23: North America Ingestible Sensors Market Attractiveness Analysis, by Country 2023–2031
Figure 24: Europe Ingestible Sensors Market (US$ Mn) Forecast, 2017–2031
Figure 25: Europe Ingestible Sensors Market Value Share Analysis, by Type, 2022–2031
Figure 26: Europe Ingestible Sensors Market Attractiveness Analysis, by Type, 2023–2031
Figure 27: Europe Ingestible Sensors Market Value Share Analysis, by End-use Industry, 2022–2031
Figure 28: Europe Ingestible Sensors Market Attractiveness Analysis, by End-use Industry, 2023–2031
Figure 29: Europe Ingestible Sensors Market Value Share Analysis, by Country/Sub-region, 2022–2031
Figure 30: Europe Ingestible Sensors Market Attractiveness Analysis, by Country/Sub-region, 2023–2031
Figure 31: Asia Pacific Ingestible Sensors Market (US$ Mn) Forecast, 2017–2031
Figure 32: Asia Pacific Ingestible Sensors Market Value Share Analysis, by Type, 2022–2031
Figure 33: Asia Pacific Ingestible Sensors Market Attractiveness Analysis, by Type, 2023–2031
Figure 34: Asia Pacific Ingestible Sensors Market Value Share Analysis, by End-use Industry, 2022–2031
Figure 35: Asia Pacific Ingestible Sensors Market Attractiveness Analysis, by End-use Industry, 2023–2031
Figure 36: Asia Pacific Ingestible Sensors Market Value Share Analysis, by Country/Sub-region, 2022–2031
Figure 37: Asia Pacific Ingestible Sensors Market Attractiveness Analysis, by Country/Sub-region, 2023–2031
Figure 38: Latin America Ingestible Sensors Market (US$ Mn) Forecast, 2017–2031
Figure 39: Latin America Ingestible Sensors Market Value Share Analysis, by Type, 2022–2031
Figure 40: Latin America Ingestible Sensors Market Attractiveness Analysis, by Type, 2023–2031
Figure 41: Latin America Ingestible Sensors Market Value Share Analysis, by End-use Industry, 2022–2031
Figure 42: Latin America Ingestible Sensors Market Attractiveness Analysis, by End-use Industry, 2023–2031
Figure 43: Latin America Ingestible Sensors Market Value Share Analysis, by Country/Sub-region, 2022–2031
Figure 44: Latin America Ingestible Sensors Market Attractiveness Analysis, by Country/Sub-region, 2023–2031
Figure 45: Middle East & Africa Ingestible Sensors Market (US$ Mn) Forecast, 2017–2031
Figure 46: Middle East & Africa Ingestible Sensors Market Value Share Analysis, by Type, 2022–2031
Figure 47: Middle East & Africa Ingestible Sensors Market Attractiveness Analysis, by Type, 2023–2031
Figure 48: Middle East & Africa Ingestible Sensors Market Value Share Analysis, by End-use Industry, 2022–2031
Figure 49: Middle East & Africa Ingestible Sensors Market Attractiveness Analysis, by End-use Industry, 2023–2031
Figure 50: Middle East & Africa Ingestible Sensors Market Value Share Analysis, by Country/Sub-region, 2022–2031
Figure 51: Middle East & Africa Ingestible Sensors Market Attractiveness Analysis, by Country/Sub-region, 2023–2031
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Ingestible Sensors Market