Ingestible Sensors Market to Cross US$ 1.7 Billion by 2032 amid Ongoing Development in Medicine Diagnosis and Therapy | Persistence Market Research

Market Study on Ingestible Sensors: Can they Help Healthcare Professionals to Pinpoint Difficulties in Patients’ Guts?

New York, April 05, 2023 (GLOBE NEWSWIRE) -- By 2032, it is expected that the market for ingestible sensors will be worth more than US$ 1.7 billion. From 2023 to 2032, Ingestible Sensors Market is anticipated to increase steadily at a CAGR of about 7.4%. In 2022, the market was valued at US$ 835.0 million.  

To perform numerous activities, ingestible sensors are devices that integrate a wireless network of sensors into a non-invasive capsule. Finding out about pH levels, stress, or the core temperature of the body are a few of them.  

Ingestible sensors might be counted as part of the body of the patient and offer several opportunities for interaction. Simply put, these are pill-sized, ingestible electrical circuits featuring a power source, CPU, microcontroller, and detectors. They are made of biomaterials, which enable the device's communication and allow for their application in the diagnosis and monitoring of illnesses in the healthcare industry. 

Click Here to Get Free Sample Copy of this Report@

A crucial element of medical technology, the ingestible sensor has a good effect on a number of therapeutic areas, including sports, nourishment, and wellness. The sector is primarily being pushed by advancements in technology and rising number of chronic diseases. It is also expected that growing public awareness of healthcare-related issues and regulatory requirements will encourage industry growth.  

Increasing usage of these devices in numerous medical applications such as personalized drug administration, is another significant factor driving the market. These user-friendly, non-invasive devices provide real-time medical and wellness monitoring. Demand for ingestible sensors has also increased due to surging incidence of chronic illnesses that are becoming more difficult to manage as a result of people disobeying their prescriptions.  

The ingestible sensor, which has been gaining a lot of attention, is the next significant development in medicine diagnosis and therapy. Growth is predicted to be fueled by elevating use of these technologies in numerous sectors, including industry, sports, and physical fitness.  

Key Takeaways from Ingestible Sensors Market   

  • The global ingestible sensors market exhibited an astonishing CAGR of 10.4% from 2017 to 2021. 
  • North America ingestible sensors market is likely to exhibit a CAGR of 41.2% from 2022 to 2032. 
  • The USA ingestible sensors market is expected to be worth US$ 546.3 million by 2032. 
  • The United Kingdom ingestible sensors market exhibited steady growth at a CAGR of 9.2% from 2017 to 2021. 
  • By sensor, the temperature sensor segment is estimated to escalate at a CAGR of 7.3% from 2022 to 2032. 

“Uses for ingestible sensors in the medical field include capsule endoscopy, patient monitoring, and controlled drug delivery. By informing clinicians of drug interactions and patient usage of particular prescriptions, they increase medication adherence.” – Says a lead analyst. 

Get Full Access of this Report@

Competitive Landscape: Ingestible Sensors Market   

The fiercely cutthroat ingestible sensors market has a select few leading players. Nowadays, numerous of these big companies dominate the market in terms of share.  

New competitors in the global market are offering similar product prototypes at lower pricing, which could affect existing established enterprises. Most of the renowned organizations would employ mergers & acquisitions and partnerships to seize a considerable share of the market.  

Get More Exclusive Insights into Ingestible Sensors Market Study  

Persistence Market Research (PMR), in its new offering, presents an unbiased analysis of the ingestible sensors market, presenting historical market data (2017 to 2021) and forecast statistics for the period of 2023 to 2032. 

The study reveals extensive growth in the ingestible sensors in terms of component (sensors, wearable patches, software), sensor type (temperature sensor, pressure sensor, pH sensor, image sensor), vertical (medical, sports & fitness), and regions

You Can Customize this Report As per Your Requirement Click Here@

About the Semiconductor and Electronics Division at Persistence Market Research (PMR) 

Persistence Market Research's highly experienced semiconductor and electronics team aids companies from all over the world with their specific business intelligence needs through professional research, actionable insights, and strategic recommendations. With a library of over a thousand research and 1 million+ data points, the team has spent over a decade analyzing the technology business across 50+ countries. From start to end, the company provides unrivaled research and consulting services. Please get in touch with us to see how we can help. 

Other Trending Reports:

About Persistence Market Research

Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on “micros” by Persistence Market Research helps companies overcome their “macro” business challenges. 
Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part. 


Rajendra Singh  
Persistence Market Research  
U.S. Sales Office: 
305 Broadway, 7th Floor 
New York City, NY 10007 
United States 
USA - Canada Toll-Free: 800-961-0353