Sensor Patch Market Latest Advancements, Trends and Huge Business Opportunities 2021 to 2026 | Abbott Laboratories, Kenzen, Medtronic, iRhythm Technologies, Gentag, Dexcom, Smartrac, Proteus Digital Health, Texas Instruments

Sensor Patch Market Report provides detailed analysis of Growth Factors of the market as well as it gives an analysis of the Market size, Latest trends, SWOT Analysis by Regions and Forecasted market research data until 2025. The Sensor Patch market report has studied key opportunities in the market and influencing factors which are useful to the business. The report also maps the qualitative and quantitative impact of various market factors like macro-economic indicators, PPP, Epidemiological data, Insurance scenario and patent and IP information, Government Policies and business regulations along market attractiveness as per segments.

The global Sensor Patch market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 25.5% in the forecast period of 2020 to 2025 and will expected to reach USD 146.6 million by 2025, from USD 59 million in 2019.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Sensor Patch Market: Abbott Laboratories, Kenzen, Medtronic, iRhythm Technologies, Gentag, Dexcom, Smartrac, Proteus Digital Health, Texas Instruments, Vitalconnect, Feeligreen, Nanosonic, G-Tech Medical, Frontier Smart Technologies, Isansys Lifecare, Leaf Healthcare and others.

Some Of The Recent Developments In The Market Are As Follows:

Kirigami sensor patch could improve injury recovery

25.10.2019: Inspired by a University of Michigan professor’s recovery after a cycling crash, an innovative patch could bring the assessment of human joints into the 21st century. The patch uses electronic sensors to understand the functional range of motion as opposed to today’s static measurements.

Influenced by kirigami, the Japanese art of creating 3D structures from cut paper, the sensor can hug the curves of a joint and yet can be manufactured flat. “The shoulder in particular moves in a very complex way. It’s one of the most well-articulated joints in the body,” said Max Shtein, a professor of materials science and engineering at the University of Michigan, who crashed his bike and collaborated with his students on the work. “Nobody’s really been able to track it properly with anything wearable, and yet it’s key to so many activities in sports and daily life.”

iRhythm raises $17M for its heart-sensing Zio patch

May 22, 2014: iRhythm Zio PatchiRhythm Technologies, maker of the Zio patch peel-and-stick heart monitor, has raised $17 million in a round led by Novo A/S, a Danish life sciences investment firm. Previous investor Norwest Venture Partners also participated in the round. This brings the company's total disclosed funding to about $85 million, based on SEC filings and company announcements. As part of the latest investment deal, Tiba Aynechi, PhD principal at Novo Ventures (US) Inc., has joined the company’s board of directors.

The Zio patch is a small wearable sensor, used for multi-day monitoring of arrhythmias in cardiac patients (up to a fortnight). Unlike many participants in that space, however, the device does not wirelessly transmit data to a mobile device. Instead, readings are stored in the patch itself, which is then mailed back to iRhythm at the end of the monitoring period.

Patches detect when a viral disease is getting worse

23.09.2020: Xsensio, an EPFL spin-off, has just been awarded CHF 1.8 million in EU funding to adapt its Lab-on-Skin sensing patches so that they can detect when a viral illness like the flu or COVID-19 is about to get worse. Just before a viral illness such as the flu or COVID-19 worsens, our bodies start producing more inflammatory biomarkers, and the concentrations of these biomarkers in our bodily fluids increases. Therefore by continuously monitoring these biomarker concentrations on our skin’s surface, doctors can spot such turns for the worse and act immediately, preventing complications and saving lives.

That’s the idea behind the latest development work being done at Xsensio, which has just been granted CHF 1.8 million by the European Innovation Council (EIC) to adapt its Lab-on-Skin technology so that it will detect biomarkers specific to viral inflammations. Only 36 of the 1,400 funding applications were selected for the EIC’s two-year funding program, intended to support the fight against COVID-19.

Global Sensor Patch Market Split by Product Type and Applications:

This report segments the market on the basis of Types are:

Temperature Sensor Patch
Blood Glucose Sensor Patch
Blood Pressure/Flow Sensor Patch
Heart Rate Sensor Patch
ECG Sensor Patch
Blood Oxygen Sensor Patch
Others

On the basis of Application, the market is segmented into:

Healthcare
Fitness and Sports

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Regional Analysis For Sensor Patch Market:

For comprehensive understanding of market dynamics, the global Sensor Patch market is analyzed across key geographies namely:

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

Sensor Patch Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Market global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2021–2025.                 

Key Points of Sensor Patch Market Table of Contents:

-Market Overview: The report begins with this section where a product overview and key content on the product and application segments of the global Halal Foods market are provided. The highlights of the segmentation study include price, revenue, sales, sales growth rate, and market share by product.

-Competition by company: Here we analyze the competition of the global Sensor Patch market, by company price, revenue, sales and market share, market share, competitive landscape, and latest trends, mergers, expansions, acquisitions, and market share of top companies.

-Company Profile and Sales Data: As the name suggests, this section provides sales data and useful information about the business of key players in the global Sensor Patch market. It describes the key businesses of gross margin, price, revenue, products and specifications, types, applications, competitors, manufacturing base, and key players operating in the global Sensor Patch market.

-Market Forecast: Here the report provides a full forecast for the global Sensor Patch market by product, application, and region. It also provides global sales and revenue forecasts for all years in the forecast period.

-Research Results and Conclusion: One of the last sections of the report where analyst findings and findings are provided.

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Due to the onset of COVID-19 pandemic, several economies across the world have experienced harsh economic downturn. The industrialists across North America, Europe, Asia Pacific, Latin America and Middle East and Africa were facing problems due to changing preferences of the customers and demand fluctuation. The market research report covers pre-Covid-19 data for the Sensor Patch market in years 2018 and 2020. Further, the report also covers forecast Covid-19 data from 2021 to 2027, which provides future outlook of the market for the manufacturers and suppliers.

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