According to Market Research Future, the Ingestible Sensor Market has been segmented into component, vertical, and region.

Wearable devices and technology has become ever more popular and is modified to smaller patches or pills which can be ingested or inserted into the human body. Ingestible sensors are devices which are becoming increasingly popular owing to the integration of wireless sensors into a capsule to perform multiple health monitoring and diagnostic functions. Medical adherence is a growing concern for clinicians as it is related to the intake and refilling of medicines by patients on time as per prescription.

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Hence, owing to the growing worries for medical adherence, doctors, clinicians, and patients are switching to ingestible sensors which is embedded with a data antenna and will be responsible for the intake and refilling of medicines. Furthermore, adherence or compliance to medication is one of the factors driving the ingestible sensor market. The market is expected to witness a CAGR of 22.22% with a market value of USD 87.10 billion over the forecast period from 2018–2023.

Ingestible sensors are increasingly adopted in various industry verticals. For instance, in October 2018 Children’s Health, a pediatric health system collaborated with Proteus Digital Health to tackle issues related to heart transplant by inserting sensors into pills, specifically ingestible sensors. The ingestible sensor will track the daily consumption of medication by enabling, tracking, and transmitting information to and by the physicians.

Key Players

The prominent players in the ingestible sensor market are RF Co. Ltd. (Japan), Proteus Digital Health (US), CapsoVision Inc. (US), Medtronic (US), Olympus Corporation (Japan), IntroMedic Co. Ltd. (South Korea), MC10 (US), Otsuka Holdings (Japan), AdhereTech (US) and Microchips Biotech Inc. (US).

By component, Ingestible Sensor Review Market is segmented into sensors, wearable patch/data recorders, and software. The sensor segment is expected to witness the highest growth in the ingestible sensor market owing to the function of real-time diagnosis and health monitoring. Hence, the sensor segment is expected to dominate the ingestible sensor market by component over the forecast period. The sensor segment is further segmented into temperature sensors, pressure sensors, pH sensors, and image sensors. Temperature sensors deliver quick and highly-accurate medical readings of the individual’s body temperature. Hence, the temperature sensor is expected to dominate the ingestible sensor market by sensors over the assessment period.

By vertical, this market is segmented into medical and sports & fitness. Medical is expected to dominate the vertical segment in the ingestible sensor market owing to the increasing use of ingestible sensors as capsules for monitoring patient. Hence, medical vertical is expected to witness exponential growth in the market in the forecast period.


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