EUROPE INGESTIBLE SENSOR MARKET

GENERAL INTRODUCTION

The ingestible sensor is a vital piece of medical technology that has a positive impact on a number of clinical domains, including fitness, nutrition, and health.

With 24-hour remote monitoring and a reduction in hospital visits and readmissions, this technology also enables patients to rehabilitate in the comfort of their own homes.

The next key advancement in medical diagnosis and therapy is the ingestible sensor technology, which has been getting a lot of traction.

Additionally, the market is anticipated to increase as these devices are increasingly used in a variety of industries, including sports, physical fitness, the military, industrial, etc.

COMPETITIVE LANDSCAPE

A significant element influencing the market's growth is the widespread use of the product in different medical applications, such as modified drug delivery.

These instruments help with real-time diagnostics and health monitoring because they are non-invasive and feature an intuitive design.

Some of the key drivers of the market are the development of technology and the rising frequency of chronic diseases.

People's growing knowledge of healthcare issues and the need for medical adherence are further factors that could accelerate market expansion. 

Proteus is a leading mobiliser of the equipment in the market. The latest integration has been the technique needed to be extremely safe as well as cheap, so it took advantage of the semiconductor industry's capacity for extremely low-cost mass production.

It is possible to co-encapsulate a medication capsule and an ingestible sensor from Proteus Digital Health. An exposure to stomach juices powers the sensor, which is about the size of a grain of sand. The device connects with a body patch after being taken as a pill.

Medidata is part of the component manufacture trending companies in the current industry. In order to manage a variety of wearable sensor and digital health technology data for clinical trials, Sensor Cloud employs a distinctive methodology.

Faster clinical decision-making, shorter turnaround times and a more customizable patient experience are all made possible by our shared data model and proprietary algorithms, which also enable rapid ingestion and analysis of patient data.

A set of potent tools called With the Patient Cloud makes it easy and interesting for patients to take part in any scientific research.

COMPANIES PROFILED

• RF Co. Ltd.
• Proteus Digital Health 
• CapsoVision Inc. 
• Medtronic
• Olympus Corporation 
• IntroMedic Co. Ltd. 
• MC10
• Otsuka Holdings 
• AdhereTech 
• Microchips Biotech Inc. 
• Fresenius 
• GE Healthcare 
• Johnson & Johnson  
• Siemens 
• Stryker 

EUROPE INGESTIBLE SENSOR MARKET DEVELOPMENTS AND INNOVATIONS

Ingestible sensors are tools that include a wireless sensor network into a non-invasive capsule to carry out various tasks, like obtaining information on pH levels, pressure, or core body temperature.

In the medical field, applications for ingestible sensors include controlled drug delivery, patient monitoring, and capsule endoscopy.

They improve medication adherence by alerting doctors to drug interactions and patient usage of specific medications. Their demand in the medical sector has grown because of these added benefits.

Capsule endoscopy has proven to be a reliable and accurate method of endoscopic imaging. As a result, the developed markets also offer compensation for capsule endoscopy operations.