Press release
Sensor Patch Market to Reach USD 20.6 Bn by 2029, emerging at a CAGR of 41.8 percent and forecast 2023-2029
Sensor Patch Market
Sensor patches, innovative adhesive solutions facilitating constant health monitoring, are at the core of the analysis. The report explores the diverse applications of sensor patches, ranging from health and wellness monitoring to diagnostics, imaging, and medical therapeutics. With a focus on product segmentation, the report delineates sensor patch categories, including Temperature, Blood Glucose, Blood Pressure/Flow, Heart Rate, ECG, Blood Oxygen, and Others.
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Sensor Patch Market Research Methodology:
The report's insights are derived from rigorous research methodologies, encompassing a blend of primary and secondary data collection, industry expertise, and analytical tools. This approach ensures accuracy, reliability, and a comprehensive understanding of the market dynamics.
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What are Sensor Patch Market Dynamics:
The increase in demand for portable medical equipment and the availability of easily wearable patch sensors are primarily driving the sensor patch market's growth across the globe. In addition, an increase in the global geriatric population is one of the key variables that aid in the detection of glucose proportions, which is a prevalent concern among the elderly. The market for sensor patches is expected to grow as telemedicine systems and advanced internet technologies become more widely accepted. Sensor patches are also commonly used to detect diabetes, cardiovascular problems, and circulatory strain.
Sensor Patch Market Regional Insights:
Asia Pacific emerged as a frontrunner in the Sensor Patch Market, commanding 39% of the market share in 2022. This growth is attributed to the integration of medical devices and healthcare IT systems, particularly in nations like China and India. North America, with a projected CAGR of 38.5%, is also expected to experience significant growth due to strong R&D expenditure and robust market presence.
What is Sensor Patch Market Segmentation:
by Product
• 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 End-Use Industry
• Healthcare
• Fitness & sports
by Application
• Monitoring
• Diagnostics
• Medical Therapeutics
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Who are Sensor Patch Market Key Players:
• Abbott Laboratories
• iRhythm Technologies, Inc.
• Dexcom, Inc.
• Medtronic PLC
• Texas Instruments Incorporated
• Proteus Digital Health, Inc.
• Gentag, Inc.
• Kenzen Inc.
• Vitalconnect, Inc.
• Smartrac N.V.
• Nanosonic, Inc.
• Isansys Lifecare Ltd.
• Leaf Healthcare, Inc.
• Frontier Smart Technologies
• Feeligreen
• G-Tech Medical
• Humavox Ltd.
• Vpatch Cardio Pty Ltd.
• Hocoma AG
• Masimo Corporation
Table of content for the Sensor Patch Market includes:
1. Sensor Patch Market: Research Methodology
2. Sensor Patch Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Sensor Patch Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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