Canada Ingestible Sensors Market Size & Outlook, 2022-2030

The ingestible sensors market in Canada is expected to reach a projected revenue of US$ 116.0 million by 2030. A compound annual growth rate of 11.1% is expected of Canada ingestible sensors market from 2023 to 2030.
Revenue, 2022 (US$M)
$49.8
Forecast, 2030 (US$M)
$116.0
CAGR, 2023 - 2030
11.1%
Report Coverage
Canada

Canada ingestible sensors market highlights

  • The Canada ingestible sensors market generated a revenue of USD 49.8 million in 2022 and is expected to reach USD 116.0 million by 2030.
  • The Canada market is expected to grow at a CAGR of 11.1% from 2023 to 2030.
  • In terms of segment, sensor was the largest revenue generating component in 2022.
  • Sensor is the most lucrative component segment registering the fastest growth during the forecast period.

Ingestible sensors market data book summary

Market revenue in 2022USD 49.8 million
Market revenue in 2030USD 116.0 million
Growth rate11.1% (CAGR from 2022 to 2030)
Largest segmentSensor
Fastest growing segmentSensor
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSensor, Wearable Patch/Data Recorder, Software
Key market players worldwideOlympus Corp, Otsuka Holdings Co Ltd, Medtronic PLC, Check-Cap Ltd, DWS Science and Technology A, etectRx, CapsoVision, Intromedic

Other key industry trends

  • In terms of revenue, Canada accounted for 6.1% of the global ingestible sensors market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. ingestible sensors market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 116.0 million by 2030.

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Ingestible Sensors Market Scope

Ingestible sensors market segmentation & scope
Sensor
Wearable Patch/Data Recorder
Software
Temperature Sensor
Pressure Sensor
pH Sensor
Image Sensor
Medical
Sports and Fitness
Others

Ingestible Sensors Market Companies

Name Profile # Employees HQ Website

Canada ingestible sensors market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ingestible sensors market will help companies and investors design strategic landscapes.


Sensor was the largest segment with a revenue share of 45.98% in 2022. Horizon Databook has segmented the Canada ingestible sensors market based on sensor, wearable patch/data recorder, software covering the revenue growth of each sub-segment from 2018 to 2030.


  • Canada Ingestible Sensors Component Outlook (Revenue, USD Million, 2018-2030)
    • Sensor
    • Wearable Patch/Data Recorder
    • Software
  • Canada Ingestible Sensors Sensor Type Outlook (Revenue, USD Million, 2018-2030)
    • Temperature Sensor
    • Pressure Sensor
    • pH Sensor
    • Image Sensor
  • Canada Ingestible Sensors Vertical Outlook (Revenue, USD Million, 2018-2030)
    • Medical
    • Sports and Fitness
    • Others

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Horizon Databook provides a detailed overview of country-level data and insights on the Canada ingestible sensors market , including forecasts for subscribers. This country databook contains high-level insights into Canada ingestible sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada ingestible sensors market size, by component, 2018-2030 (US$M)

Canada Ingestible Sensors Market Outlook Share, 2022 & 2030 (US$M)

Canada ingestible sensors market size, by component, 2018-2030 (US$M)

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