Analysts predict 21% CAGR for ingestible sensor market through 2022 — 3 key notes

The global ingestible sensors market is poised for substantial growth, according to ReportsNReports analysts.

Here's what you should know:

1. Analysts believe the market will be driven by a larger patient base, a rising geriatric population, increased awareness of minimally invasive procedures and an increased amount of per capita healthcare spending.

2. North America holds the largest share of the market, but analysts believe the Asian-Pacific market will experience the most growth through 2022.

3. Companies leading the market include:

  • Proteus Digital Health
  • Olympus Corp.
  • Given Imaging
  • Medtronic
  • CapsoVision
  • IntroMedic Co.
  • RF Co.

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