DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/9n7x9z/ingestible_sensor) has announced the addition of the "Ingestible Sensor Market - Global Forecast to 2022" report to their offering.
The ingestible sensor market size is expected to grow from USD 198.2 Million in 2015 to USD 678.2 Million by 2022, at a CAGR of 20.2% between 2016 and 2022. The growing need for medication adherence, increasing rate of chronic diseases, and demand for real-time monitoring create a huge demand for ingestible sensors across the world.
The growing complexities in diagnosing and managing chronic diseases and other biomedical activities are creating opportunities for the ingestible sensor market. The expansion of ingestible sensors in novel medical applications such as customized drug delivery is also responsible for contributing to the overall ingestible sensor market. Patients are found to be comfortable and prefer minimally invasive techniques for diagnosis and monitoring. Moreover, ingestible sensors are more accurate than the traditional medical equipment.
Therefore, these sensors are in high demand in the medical vertical. In other verticals such as sports, astronauts, animal care, mining, fire-fighting, and military, ingestible sensors are used to signify the core body temperature changes in relation with the extreme working environment. Thus, this market has a great scope for growth in the next five years.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Ingestible Sensors Market, By Component
8 Ingestible Sensors Market, By Sensor Type
9 Ingestible Sensors Market, By Vertical
10 Geographical Analysis
11 Competitive Landscape
12 Company Profiles
- Capsovision Inc.
- Given Imaging Ltd
- HQ, Inc.
- MC10, Inc.
- Medimetrics Personalized Drug Delivery B.V.
- Microchips Biotech, Inc.
- Olympus Corporation
Proteus Digital Health, Inc.
For more information visit http://www.researchandmarkets.com/research/9n7x9z/ingestible_sensor