Latin America Ingestible Sensors Market Size & Outlook
Latin America ingestible sensors market, 2018-2030 (US$M)
Related Markets
Latin America ingestible sensors market highlights
- The Latin America ingestible sensors market generated a revenue of USD 37.3 million in 2022.
- The market is expected to grow at a CAGR of 11.4% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 37.3 million |
| Market revenue in 2030 | USD 88.7 million |
| Growth rate | 11.4% (CAGR from 2022 to 2030) |
| Largest segment | Sensor |
| Fastest growing segment | Sensor |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sensor, Wearable Patch/Data Recorder, Software |
| Key market players worldwide | Olympus 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, Latin America region accounted for 4.6% of the global ingestible sensors market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 448.9 million by 2030.
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Ingestible Sensors Market Scope
Ingestible Sensors Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 46.38% in 2022. Horizon Databook has segmented the Latin America ingestible sensors market based on sensor, wearable patch/data recorder, software covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Ingestible Sensors Component Outlook (Revenue, USD Million, 2018-2030)
- Sensor
- Wearable Patch/Data Recorder
- Software
- Latin America Ingestible Sensors Sensor Type Outlook (Revenue, USD Million, 2018-2030)
- Temperature Sensor
- Pressure Sensor
- pH Sensor
- Image Sensor
- Latin America Ingestible Sensors Vertical Outlook (Revenue, USD Million, 2018-2030)
- Medical
- Sports and Fitness
- Others
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Target buyers of Latin America ingestible sensors market databook
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Our clientele includes a mix of ingestible sensors market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America ingestible sensors market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America ingestible sensors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America ingestible sensors market size, by country, 2018-2030 (US$M)
Latin America Ingestible Sensors Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
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