GMI Digestible Sensors Market

Digestible Sensors Market Size, Industry Analysis Report, Regional Outlook Forecast to 2024.: Global Market Insights Inc. Digestible Sensors Market size will observe substantial growth owing to increased incidence of lifestyle diseases and necessity of medication adherence in the case of patients having mental disorders such as, schizophrenia, obsessive compulsive disorder, etc. Moreover, the digestible sensors provide better visualization for the action of the drug and gives detailed biochemical processes information as well as body reaction information towards drug. The growing prevalence of diabetes owing to unhealthy dietary habits and lifestyle diseases are the factors that are a major cause for kidney failure, stroke, heart attacks, and blindness as well. According to the World Health Organization (WHO), in 2014 approximately 8.5% of adults worldwide aged 18 years and elder had diabetes. The WHO projected diabetes being seventh foremost basis of death by 2030. Favorable reimbursement policies and requirement for medication observance will propel digestible sensors market growth over the forecast period. For instance, Proteus is partnering with manufacturers as well as health systems and reimbursement is built in order to undertake the associated risks in overall cost of care for the patients. Technical and clinical complexities along with the high cost associated with the technology may hamper the digestible sensors market growth. Wearable sensors segment holds largest revenue share owing to wide-ranging applications offered by measurement such as, respiration, heart rate, electromyography, strain, skin surface temperature, galvanic skin response, pressure, and force. The strip sensors segment will grow profitably owing to the digital home healthcare thereby, increases the acceptance rate among patients and propelling digestible sensors market growth. Advancements and latest designs offered by companies are the factors encouraging the adoption rate of the strip sensors segment growth. Wearable sensors segment holds largest revenue share owing to wide-ranging applications offered by measurement such as, respiration, heart rate, electromyography, strain, skin surface temperature, galvanic skin response, pressure, and force. The strip sensors segment will grow profitably owing to the digital home healthcare thereby, increases the acceptance rate among patients and propelling digestible sensors market growth. Advancements and latest designs offered by companies are the factors encouraging the adoption rate of the strip sensors segment growth. Patient monitoring segment is witnessing lucrative growth due to continuous monitoring possibility and alter treatments and medications according to requirement also to prescribe different dose or medicine. Pressure sensors market will grow significantly owing to biocompatibility, high durability, as well as high integration allowing measurement in difficult environments. In addition, it also provides monitoring after intensive care and thereby, saves patient’s total care cost. 1 | Page