What's Driving Sensor Patch Market 2020 Size? | Top Key Players: Abbott Laboratories, Medtronic plc, DexCom, Inc. Feeligreen SA, Leaf Healthcare

Sensor Patch Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025. Increasing prevalence of chronic disorders such as cardiac disorders, diabetes, blood pressure and cancer is the key driving factor for the growth of Global Sensor Patch Market.

Global Sensor Patch Market is valued at USD 74.4 Million in 2018 and expected to reach USD 1113.8 Million by 2025 with a CAGR of 47.20% over the forecast period.

Sensor patch is remarkably planned to guage dampness condition in different medicinal territories, for instance, geriatric care, long haul therapeutic care and childcare among others. Skin patches offer much greater choice in terms of device positioning because there is specific area on human body for patch to be attached, they can be placed there. This will be more relevant when sensor required position close to certain part of the of the body.

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Key Players Analysis-
Some major key players for global sensor patch market are Abbott Laboratories, Medtronic plc, DexCom, Inc. Feeligreen SA, Leaf Healthcare, Frontier Smart Technologies Group Ltd., Gentag, Inc., G-Tech Medical, Inc., HIVOX BIOTEK INC., Hocoma AG, iRhythm Technologies, Inc., Isansys Lifecare Ltd., Kenzen, Inc., Inc., MC 10, Inc., , and MTG Co., Ltd., and others.

A patch allows more consistent contact between the device and body. This may be required for the use of an invasive medical component such as a micro needle, or in offering a more consistent electrical interface for stable sensor readings. The advantages of sensor patch are particularly relevant in two largest sector for electronic skin patches are as follows: cardiovascular monitoring and diabetes management. In cardiovascular monitoring, mobile cardiac telemetry(MTC) device sit alongside Holter monitors and cardiac event monitor, each of which can be das skin patch. In diabetes management, there are also challenges in the market of traditional self-monitoring of blood glucose through test strips are driving innovation.

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North America is Expected to Dominate the Global Sensor Patch Market

The global Sensor Patch market is segmented into North America, Europe, Asia-Pacific and Rest of the World (ROW). North America is expected to dominate the sensor patch market due prominent market share with countries Canada and the United State, which are making a big contribution to the sensor patch market. In addition, improved in research and development and increasing cases of cardiac disorder in this region are also expected to supplement this market.

According to American College of Cardiology, In U.S., coronary events are expected to occur in about 1,055,000 individuals, including 720,000 new and 335,000 recurrent coronary events in 2019. As these cases were increased year after year eventually, the demand for sensor patches will also increase.

Market Segmentation: -
By Product 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

By Applications:
Monitoring
Diagnostics
By End-Users:
Healthcare
Fitness and Sports
Others

The regions covered in this Sensor Patch Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Sensor Patch is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Major Points Covered in Table of Contents:

1 Report Overview
2 Global Growth Trends
3 Market Share by Key Players
4 Breakdown Data by Type and Application
5 United States
6 Europe
7 China
8 Japan
9 Southeast Asia
10 India
11 Central & South America
12 International Players Profiles
13 Market Forecast 2020-2026
14 Analyst's Viewpoints/Conclusions
15 Appendix

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