Ingestible Sensors : Healthcare 2018 Market Strategy and Major Participants - HQ, Inc., Proteus Digital Health, Inc., CapsoVision, Inc.
Press
Release - 27 Mar 2018
Global
Research and Development News
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Report
Description-
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Ingestible
sensors is an innovative technologically advanced product of digital
medical industry. Ingestible Sensors are pills that have the ability
to detect various bodily functions and activities, medication check,
heart rate and blood pressure. It has three components sensors, data
recorder, and software. These ingestible sensors help patients
receive real-time information and address the unaware issues which
are sometimes not answered by doctors. The ingestible sensor works as
soon as the sensor enabled pill is consumed.
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pill sends signals to the patch, which helps to detect the duration
in which the pill was consumed. As the data is recorded, the
information is being displayed with the help of linked discover
application that can be downloaded on a mobile device. With the help
of this application patients can analyze the data and work
accordingly, this helps them to decide if there is any need to visit
a healthcare provider, taking medication on time and others. The
ingestible sensors market is driven by increasing prevalence of
chronic conditions and advancement in technology.
According to the Centers for Disease and Control
of Infection, there are more than one-third (36.5%) of U.S. adults
that suffer from obesity. Obesity-related conditions comprise of
diabetes, heart disease, stroke, certain types of cancer, and some of
these are leading causes of preventable death. IN U.S., the incidence
rate of chronic conditions such as heart disease, cancer, type 2
diabetes, obesity, arthritis and others are among the most common of
all health problems. In 2012, 117 Mn people suffered from one or more
chronic health conditions. Moreover due to benefits such as
cost-effective products, growing population of immune compromised
individuals and others, the physician is prescribing these products.
The patient education program is conducted by government and
companies for creating the awareness among the general population.
However Ingestible sensors market has some restraints such as low
adoption for these products may hinder the growth of the Ingestible
sensors market.
The Global Ingestible sensors market is segmented
on the basis of sensor type, application, end user and regional
presence:
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Segmentation based on Sensor Type:
- Temperature sensor
- Pressure sensor
- pH sensor
- Image sensor
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Segmentation based on Application
- Medical/Healthcare
- Sports & fitness
- Others
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Segmentation based on end user
- Research Institutes
- Pharmaceutical companies
- Healthcare providers
- Sports & Physical Fitness institutions
Increasing sedentary lifestyle among population
leading to rising in the incidence of chronic conditions is expected
to boost the Ingestible sensors market over the forecast period. Also
rising awareness among the general population and rise in disposable
income is expected to drive the Ingestible sensors market during the
forecast period.
Geographically the Ingestible sensors market is
segmented into five key regions: North America, Latin America,
Europe, Asia-Pacific and MEA region.
North America followed by Europe is dominating the
Ingestible sensors market as a high incidence of gastroparesis cases,
and favorable reimbursement options provided by governments and
insurance companies which have provided the platform for these
products. In Asia Pacific region the Ingestible sensors market is
expected to deliver significant growth due to the high pool of
geriatric population in this region and growing economy which is
expected to further fuel market demand. Moreover, the Ingestible
sensors market is expected to become highly competitive due to the
potential entrants in the market by the end of forecast period.
Some of the major companies in the Ingestible
sensors market are HQ, Inc., Proteus Digital Health, Inc.,
CapsoVision, Inc., Given Imaging, Ltd., Medimetrics Personalized Drug
Delivery B.V., Olympus Corporation, and others. Key strategy used by
Proteus Digital Health, Inc is utilizing innovative approach for
improving health outcomes for patients and for patients that are
facing challenges managing their medications.
- Ingestible Sensors Market Segments
- Ingestible Sensors Market Dynamics
- Historical Actual Market Size, 2013 - 2015
- Ingestible Sensors Market Size & Forecast 2016 to 2024
- Ingestible Sensors Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Ingestible sensors market Drivers and Restraints
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Regional analysis includes
- North America
- Latin America
- Europe
- Asia Pacific
- The Middle East & Africa
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Report Highlights:
- Shifting Industry dynamics
- In-depth market segmentation
- Historical, current and projected industry size recent industry trends
- Key Competition landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
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Clear Details get Table of Contents
https://www.researchmoz.us/ingestible-sensors-market-global-industry-analysis-size-share-growth-trends-and-forecast-2016-2024-report.html#table-of-content
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