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Healthcare is gaining traction with the use of sensor patch for communication between doctors and medical staff, hospital or medical institution, and the wearer of sensor patch to track and monitor the health of the patients. Also, the value added by sensor patch in sports to help athletes train, perform, and recover from injuries is driving the monitoring application.
In terms of geographic regions, North America acquired the largest market for sensor patch in 2017. North American consumers in general focus on value and functionality. The demand for sensor patch is increasing in North America as a result of the demand for technologically advanced medical devices and monitoring devices that can be used in homes for the growing aging population. The increase in R&D in the field of wearables, in terms of new and improved technologies, and the rise in demand for improved lifestyle are the two crucial factors driving the market in this region.
Market Analysis and Insights: Global Sensor Patch Market
The global Sensor Patch market was valued at US$ 93 in 2020 and will reach US$ 384.4 million by the end of 2027, growing at a CAGR of 26.7% during 2022-2027.
Global Sensor Patch Scope and Market Size
The global Sensor Patch market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Sensor Patch market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Temperature Sensor Patch
Blood Glucose Sensor Patch
Blood Pressure/Flow Sensor Patch
Heart Rate Sensor Patch
ECG Sensor Patch
Blood Oxygen Sensor Patch
Others
Segment by Application
Healthcare
Fitness and Sports
The Sensor Patch market is analysed and market size information is provided by regions (countries). Segment by Application, the Sensor Patch market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Abbott Laboratories
iRhythm Technologies
Dexcom
Medtronic
Texas Instruments
Proteus Digital Health
Gentag
Kenzen
Vitalconnect
Smartrac
Nanosonic
Isansys Lifecare
Leaf Healthcare
Frontier Smart Technologies
Feeligreen
G-Tech Medical
In terms of geographic regions, North America acquired the largest market for sensor patch in 2017. North American consumers in general focus on value and functionality. The demand for sensor patch is increasing in North America as a result of the demand for technologically advanced medical devices and monitoring devices that can be used in homes for the growing aging population. The increase in R&D in the field of wearables, in terms of new and improved technologies, and the rise in demand for improved lifestyle are the two crucial factors driving the market in this region.
Market Analysis and Insights: Global Sensor Patch Market
The global Sensor Patch market was valued at US$ 93 in 2020 and will reach US$ 384.4 million by the end of 2027, growing at a CAGR of 26.7% during 2022-2027.
Global Sensor Patch Scope and Market Size
The global Sensor Patch market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Sensor Patch market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.
Segment by Type
Temperature Sensor Patch
Blood Glucose Sensor Patch
Blood Pressure/Flow Sensor Patch
Heart Rate Sensor Patch
ECG Sensor Patch
Blood Oxygen Sensor Patch
Others
Segment by Application
Healthcare
Fitness and Sports
The Sensor Patch market is analysed and market size information is provided by regions (countries). Segment by Application, the Sensor Patch market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.
By Company
Abbott Laboratories
iRhythm Technologies
Dexcom
Medtronic
Texas Instruments
Proteus Digital Health
Gentag
Kenzen
Vitalconnect
Smartrac
Nanosonic
Isansys Lifecare
Leaf Healthcare
Frontier Smart Technologies
Feeligreen
G-Tech Medical
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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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