Sensor Patch Market to 2024: Market is Set to Grow at a CAGR of 47.5%

Sensor Patch market is valued at 37 million US$ in 2018 and will reach 830 million US$ by the end of 2025, growing at a CAGR of 47.5% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Sensor Patch market based on company, product type, end user and key regions.

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.

This report studies the global market size of Sensor Patch in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Sensor Patch in these regions.

This research report categorizes the global Sensor Patch market by top players/brands, region, type and end user. This report also studies the global Sensor Patch market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each 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

Market size 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

Report Sample includes:

- Table of Contents

- List of Tables & Figures

- Charts

- Research Methodology

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Market size by End User

• Healthcare
• Fitness and Sports

Market size by Region

• North America
• United States
• Canada
• Mexico
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia

The study objectives of this report are:

• To study and analyze the global Sensor Patch market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
• To understand the structure of Sensor Patch market by identifying its various subsegments.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• Focuses on the key global Sensor Patch companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
• To project the value and sales volume of Sensor Patch submarkets, with respect to key regions.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Sensor Patch are as follows:

• History Year: 2014-2018
• Base Year: 2018
• Estimated Year: 2019
• Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Sensor Patch market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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