Sensor Patch Market Expected to Grow at a Significant Rate During the Forecast Period 2017-2022

Global Sensor Patch Market is expected to grow at a significant CAGR in the upcoming years as the scope, product types, and its applications are increasing across the globe. A Sensor Patch is typically radio frequency identification (RFID) activated that could easily be attached to the human skin for monitoring health conditions. It is also used for diagnosis as it has a different advantage of chronological monitoring of biomarkers in sweat. For the health monitoring purposes, consumers are choosing wearable devices.

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Additionally, the established economies offer the healthcare expenditure to develop the sensor which driving the sensor patch market in upcoming years. Sensors patches as per requirement can produce analytics to alert doctors about the signs of life threating diseases such as heart failure, stroke, kidney failure, etc. It proves as an asset for the patients to manage the critical conditions such as Parkinson’s disease, or rheumatoid arthritis.

Sensor Patch Market is categorized based on product type, applications, end users, and geography. The market is categorized based on product types such as Blood Oxygen Temperature, Heart Rate, Blood Pressure/Flow, Blood Glucose, ECG. The ECG sensor patch segment is expected to grow high in upcoming period. Due to an increasing consumers’ awareness regarding wearable devices primarily for fitness applications. Lightweight, Flexible, and connected sensor patches offer conveniences to sports players.

Sensor Patch Market is categorized based on application into Diagnostic, Wellness and Fitness, Monitoring, Imaging, Medical therapeutics, others. This industry is categorized based on end users into Healthcare, and Fitness and Sports.

Top Key Players Analysis covered in Sensor Patch Market Report

  • Abbott Laboratories (US)
  • Irhythm Technologies, Inc. (US)
  • Dexcom, Inc. (US)
  • Medtronic PLC (US)
  • Texas Instruments Incorporated (US)
  • Proteus Digital Health Inc. (US)
  • Gentag, Inc. (US)
  • Kenzen Inc. (US)
  • Vitalconnect Inc. (US)
  • Smartrac N.V. (Netherlands)
  • Nanosonic Inc. (US)
  • Isansys Lifecare Ltd.(UK)
  • Leaf Healthcare Inc. (US)

 

Segmentation on the basis of Product Types,

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

 

Segmentation on the basis of Applications,

  • Healthcare
  • Fitness and Sports

 

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The market is categorized based on geography into Asia Pacific (China, India, ASEAN, Australia & New Zealand), Japan, Middle East and Africa (GCC countries, S. Africa, Rest Of MEA), North America (U.S., Canada), Latin America (Brazil, Rest of Latin America), Western Europe (Germany, Italy, France, England, Spain, Rest of Western Europe), and Eastern Europe (Poland, Russia, Rest of Eastern Europe). North America has been at the forefront with regards to Sensor Patch Industry and will continue to rule the roost in the years to come.

 

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