Ingestible Thermometers Market Size, Share and Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2024 – 2032

Ingestible Thermometers Market Size, Share and Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2024 – 2032

Ingestible Thermometers Market Size

Ingestible Thermometers Market size is set to record tremendous growth from 2024 to 2032 driven by increasing application scope in post-surgical care and anesthesia. Advanced ingestible thermometers are widely used in animal care, sports surgeries, and GI treatment. Over the recent past, the number of gastrointestinal tract (GI) disorders, such as Crohn’s disease and ulcerative colitis has increased dramatically, thus driving the demand for adequate care services and tools, such as ingestible thermometers. According to the National Library of Medicine, in the U.S., Ulcerative colitis affects 9 to 20 individuals per 100,000 annually. The growing prevalence of such diseases.
 

In addition to healthcare, ingestible thermometers are gaining significant traction for critical temperature monitoring across the paper manufacturing and food processing sectors. However, the growing concerns regarding privacy and data security, regulatory hurdles, and limited awareness and acceptance among certain consumer segments may restrain the market expansion to some extent.
 

Ingestible Thermometers Market Trends

The increasing awareness about health monitoring and the convenience offered by ingestible thermometers in continuously tracking vital signs like body temperature will drive the industry gains. Robust technological advancements are promoting the development of more accurate and efficient ingestible thermometer devices for enhancing their reliability and usability. The rising prevalence of chronic diseases, such as diabetes and the rising need for continuous monitoring of health parameters among the elderly population are also increasing the product appeal. Furthermore, the pandemic has accelerated the adoption of remote patient monitoring solutions, including ingestible thermometers, to enable remote healthcare management and early detection of infections.
 

Ingestible Thermometers Market Analysis

The market value from the rectal ingestible thermometers segment is anticipated to rise at significant pace from 2024 to 2032, owing to their superior accuracy compared to other types, especially in medical settings. The growing preference for rectal thermometers in pediatric care due to their reliability and safety is increasing their adoption. Of late, there has been significant development of more comfortable and user-friendly rectal ingestible thermometers for reducing patient discomfort. The increasing incidence of conditions requiring precise temperature monitoring, such as fevers and infections will further boost the product demand in healthcare facilities and home settings alike.
 

The sleep disorder analysis application segment is projected to witness robust progression through 2032. This is owing to the rising prevalence of sleep disorders globally, such as sleep apnea and insomnia, requiring accurate monitoring of body temperature during sleep. According to National Council on Aging report, around 39 million adults are currently living with obstructive sleep apnea in the U.S. Ingestible thermometers offer a non-intrusive and convenient method for continuous temperature monitoring, facilitating comprehensive sleep analysis. Moreover, the increasing awareness about the importance of quality sleep and its impact on overall health will further drive the product adoption in sleep disorder analysis.
 

Asia Pacific ingestible thermometers market size is predicted to expand at substantial CAGR during the forecast period. This can be attributed to the rapidly expanding healthcare infrastructure and increasing healthcare expenditure on innovative medical devices like ingestible thermometers. The growing geriatric population and the prevalence of chronic diseases in countries like Japan, China, and India are driving the need for continuous health monitoring solutions. As per the National Health Commission (NHC), China is expected to house more than 300 million older people by 2025 to emerge as a severely aging economy by 2035, accounting for 30% of the total population. The presence of supportive government initiatives is also improving healthcare access and affordability of ingestible thermometers across the region.
 

Ingestible Thermometers Market Share

Some of the major ingestible thermometer companies are

• Koninklijke Philips N.V.
• BodyCap
• HQ Inc.

Leading firms in the ingestible thermometer industry are essaying various business strategies, such as collaborations, mergers & acquisitions, and product launches for gaining competitive edges and expanding their consumer base.
 

Ingestible Thermometers Industry News

• In October 2023, BodyCAP announced the U.S. FDA approval of its ‘eCelsius Medical System’, offering an accurate and continual measurement of core body temperature throughout the gastrointestinal transit.

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