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Global Sensor Patch Market Size, Trends & Growth Opportunity By Sensor Type (Temperature Sensor Patch, ECG Sensor patch, Blood Glucose patch, Blood Pressure/Flow Sensor patch, Heart Rate Sensor Patch, Blood Oxygen Sensor Patch), By Application (Monitoring, and Diagnostics), By End Use (Healthcare, Fitness and Sports), By Region and Forecast till 2027.


Report ID : IR100111 | Industries : Energy & Power | Published On :May 2024 | Page Count : 246

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  • Global Sensor Patch Market Size, Trends & Growth Opportunity By Sensor Type (Temperature Sensor Patch, ECG Sensor patch, Blood Glucose patch, Blood Pressure/Flow Sensor patch, Heart Rate Sensor Patch, Blood Oxygen Sensor Patch), By Application (Monitoring, and Diagnostics), By End Use (Healthcare, Fitness and Sports), By Region and Forecast till 2027.
    Market Overview
    Global Sensor Patch Market was valued at USD 2.1 billion by 2021 which is expected to USD 7.8 billion by 2027 at a CAGR 20.88% from 2022-2027.
    Sensor patches are an adhesive patch type that is placed to the body and used to monitor and diagnose a person's health. In order to detect physiological changes in the human body, Radio Frequency Identification (RFID) patches connected to the skin of the user are activated. It finds extensive use in the healthcare, athletics, and fitness industries.
    Market Drivers
    The two main drivers expected to drive the growth of the worldwide sensor patch market are an increase in per capita healthcare spending and an increase in consumer disposable income. Also, a rise in the need for diagnostic wearables is anticipated to fuel the expansion of the worldwide sensor patch market. In addition, rising smartphone usage and sensor development will fuel the expansion of the global sensor patch market. Also, a rise in demand for sensor patches across a number of industries, including as healthcare and sports, will positively affect market expansion.
    Market Restraints
    However, occurrence of side effects like skin rashes due to use of sensor patch is the restraining factor which is expected to hamper the global sensor patch market growth. Also, regulatory issues will affect the global sensor patch market growth.
    Market Segmentation
    Global Sensor Patch Market is segmented into sensor type such as Temperature Sensor Patch, ECG Sensor patch, Blood Glucose patch, Blood Pressure/Flow Sensor patch, Heart Rate Sensor Patch, Blood Oxygen Sensor Patch, and Others, by application such as Monitoring, and Diagnostics. Further, Global Sensor Patch Market is segmented into end use industry such as Healthcare, and Fitness and Sports.
    Also, Global Sensor Patch Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Due to significant investments in R&D and the biggest market share from nations like the United States and Canada, North America is the global leader for sensor patches. Due to the rapid increase in demand for the deployment and integration of medical devices and healthcare IT solutions to provide patients with cost-effective and high-quality clinical care, Asia-Pacific is predicted to develop at a substantial rate between 2022 and 2028.
    Market Key Players
    Various key players are discussed in this report such as Irhythm Technologies, Inc, Abbott Laboratories. Preventice Solutions, Inc., Vitalconnect, Inc., Kenzen Inc., Gentag, Inc.,  Proteus Digital Health, Inc., Texas Instruments Incorporated, Medtronic Plc, and Dexcom, Inc.
    Market Taxonomy
    By Sensor Type

    • Temperature Sensor Patch
    • ECG Sensor patch
    • Blood Glucose patch
    • Blood Pressure/Flow Sensor patch
    • Heart Rate Sensor Patch
    • Blood Oxygen Sensor Patch
    • Others
    By Application
    • Monitoring
    • Diagnostics
    By End Use
    • Healthcare
    • Fitness and Sports
    By Region
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East & Africa

    Global Sensor Patch Market
    1 Introduction
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Sensor Patch Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Sensor Patch Market, By Sensor Type
    5.1 Y-o-Y Growth Comparison, By Sensor Type 
    5.2 Global Sensor Patch Market Share Analysis, By Sensor Type 
    5.3 Global Sensor Patch Market Size and Forecast, By Sensor Type
    5.3.1 Temperature Sensor Patch
    5.3.2 ECG Sensor Patch
    5.3.3 Blood Glucose Sensor Patch
    5.3.4Blood Pressure/Flow Sensor patch
    5.3.5 Heart Rate Sensor Patch
    5.3.6Blood Oxygen Sensor Patch
    5.3.7Others
    6 Global Sensor Patch Market, By Application
    6.1 Y-o-Y Growth Comparison, By Application
    6.2 Global Sensor Patch Market Share Analysis, By Application
    6.3 Global Sensor Patch Market Size and Forecast, By Application
    6.3.1 Monitoring
    6.3.2 Diagnostics
    7 Global Sensor Patch Market, By End Use
    7.1 Y-o-Y Growth Comparison, By End Use
    7.2 Global Sensor Patch Market Share Analysis, By End Use
    7.3 Global Sensor Patch Market Size and Forecast, By End Use
    7.3.1 Healthcare
    7.3.2 Fitness & Sports
    8Global Sensor Patch Market, By Region
    8.1 Global Sensor Patch Market Share Analysis, By Region
    8.2 Global Sensor Patch Market Share Analysis, By Region
    8.3 Global Sensor Patch Market Size and Forecast, By Region
    9 North America Sensor Patch Market Analysis and Forecast (2022 – 2027)
    9.1 Introduction
    9.2 North America Sensor Patch Market Share Analysis, By Sensor Type
    9.3 North America Sensor Patch Market Size and Forecast, By Application
    9.4 North America Sensor Patch Market Size and Forecast, By End Use
    9.5 North America Sensor Patch Market Size and Forecast, By Country
    9.5.1 U.S.
    9.5.2 Canada
    9.5.3 Mexico
    10Europe Sensor Patch Market Analysis and Forecast (2022 – 2027)
    10.1 Introduction
    10.2 Europe Sensor Patch Market Share Analysis, By Sensor Type 
    10.3 Europe Sensor Patch Market Size and Forecast, By Application
    10.4 Europe Sensor Patch Market Size and Forecast, By End Use
    10.5 Europe Sensor Patch Market Size and Forecast, By Country
    10.5.1 Germany
    10.5.2 France
    10.5.3 UK
    10.54. Rest of Europe
    11Asia Pacific Sensor Patch Market Analysis and Forecast (2022 – 2027)
    11.1 Introduction
    11.2 Asia Pacific Sensor Patch Market Share Analysis, By Sensor Type 
    11.3 Asia Pacific Sensor Patch Market Size and Forecast, By Application 
    11.4 Asia Pacific Sensor Patch Market Size and Forecast, By End Use
    11.5 Asia Pacific Sensor Patch Market Size and Forecast, By Country
    11.5.1 China
    11.5.2 Japan
    11.5.3 India
    11.5.4. Rest of Asia Pacific
    12Latin America Sensor Patch Market Analysis and Forecast (2022 – 2027)
    12.1 Introduction
    12.2 Latin America Sensor Patch Market Share Analysis, By Sensor Type 
    12.3 Latin America Sensor Patch Market Size and Forecast, By Application
    12.4 Latin America Sensor Patch Market Size and Forecast, By End Use
    12.5 Latin America Sensor Patch Market Size and Forecast, Country
    13Middle East Sensor Patch Market Analysis and Forecast (2022 – 2027)
    13.1 Introduction
    13.2 Middle East Sensor Patch Market Share Analysis, By Sensor Type 
    13.3 Middle East Sensor Patch Market Size and Forecast, By Application
    13.4 Middle East Sensor Patch Market Size and Forecast, By End Use
    13.5 Middle East Sensor Patch Market Size and Forecast, By Country
    14Competitive Analysis
    14.1 Competition Dashboard
    14.2 Market share Analysis of Top Vendors
    14.3 Key Development Strategies
    15Company Profiles
    15.1 Irhythm Technologies
    15.1.1 Overview
    15.1.2 Offerings
    15.1.3 Key Financials
    15.1.4 Business Segment & Geographic Overview
    15.1.5 Key Market Developments
    15.1.6 Key Strategies
    15.2 Abbott Laboratories
    15.2.1 Overview
    15.2.2 Offerings
    15.2.3 Key Financials
    15.2.4 Business Segment & Geographic Overview
    15.2.5 Key Market Developments
    15.2.6 Key Strategies
    15.3 Preventice Solutions, Inc
    15.3.1 Overview
    15.3.2 Offerings
    15.3.3 Key Financials
    15.3.4 Business Segment & Geographic Overview
    15.3.5 Key Market Developments
    15.3.6 Key Strategies
    15.4 Vitalconnect, Inc
    15.4.1 Overview
    15.4.2 Offerings
    15.4.3 Key Financials
    15.4.4 Business Segment & Geographic Overview
    15.4.5 Key Market Developments
    15.4.6 Key Strategies
    15.5 Kenzen Inc
    15.5.1 Overview
    15.5.2 Offerings
    15.5.3 Key Financials
    15.5.4 Business Segment & Geographic Overview
    15.5.5 Key Market Developments
    15.5.6 Key Strategies
    15.6 Gentag, Inc
    15.6.1 Overview
    15.6.2 Offerings
    15.6.3 Key Financials
    15.6.4 Business Segment & Geographic Overview
    15.6.5 Key Market Developments
    15.6.6 Key Strategies
    15.7 Proteus Digital Health, Inc
    15.7.1 Overview
    15.7.2 Offerings
    15.7.3 Key Financials
    15.7.4 Business Segment & Geographic Overview
    15.7.5 Key Market Developments
    15.7.6 Key Strategies 
    15.8 Texas Instruments Incorporated
    15.8.1 Overview
    15.8.2 Offerings
    15.8.3 Key Financials
    15.8.4 Business Segment & Geographic Overview
    15.8.5 Key Market Developments
    15.8.6 Key Strategies 
    15.9 Medtronic Plc
    15.9.1 Overview
    15.9.2 Offerings
    15.9.3 Key Financials
    15.9.4 Business Segment & Geographic Overview
    15.9.5 Key Market Developments
    15.9.6 Key Strategies 
    15.10 Dexcom, Inc.
    15.10.1 Overview
    15.10.2 Offerings
    15.10.3 Key Financials
    15.10.4 Business Segment & Geographic Overview
    15.10.5 Key Market Developments
    15.10.6 Key Strategies 
    15.11 Upomor
    15.11.1 Overview
    15.11.2 Offerings
    15.11.3 Key Financials
    15.11.4 Business Segment & Geographic Overview
    15.11.5 Key Market Developments
    15.11.6 Key Strategies