Sensor Patch Market Manufacturers, Types, Regions and Applications Research Report Forecast to 2025
4 March 2019 - 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.
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.
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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. 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. Some of the key players
that fuel the growth of the Sensor Patch Market include DexCom, Inc. Feeligreen
SA, IsansysLifecare Ltd., MTG Co., Ltd., Abbott Laboratories, G-Tech Medical,
Inc., HIVOX BIOTEK INC., Hocoma AG, Kenzen, Inc., Gentag, Inc., iRhythm
Technologies, Inc., MC 10, Inc., Medtronic plc, Leaf Healthcare, Inc., and
Frontier Smart Technologies Group Ltd., among others. The key players are
focusing on inorganic growth to sustain themselves amidst fierce competition.
As such, mergers, acquisitions, and joint ventures are the need of the hour.
Market Segment:
The major manufacturers covered in this
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)
Geographically, this report studies the
top producers and consumers, focuses on product capacity, production, value,
consumption, market share and growth opportunity in these key regions, covering
•
United States
•
Europe
•
China
•
Japan
•
South Korea
•
Taiwan
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