Global sensor patch market is expected to grow at an impressive CAGR during the forecast period. The global sensor patch market is driven by increase in healthcare expenditure by growing economies. Moreover, the benefits offered by sensor patch predominantly in terms of providing comfortability is positively impacting the growth of market during the forecast period. Surging population with lifestyle related disorders coupled with increasing demand for technologically advanced diagnostic and monitoring medical devices is expected to bolster the growth of market over the next few years.

The global sensor patch market is segmented based on product type, application, end user industry, company, and region. Based on product type, the market can be categorized into temperature sensor patch, blood glucose sensor patch, blood pressure/flow sensor patch, heart rate sensor patch, ECG sensor patch, blood oxygen sensor patch and other. Out of which, the blood glucose sensor patch segment dominated the market in 2020 and is expected to maintain its dominance during the forecast period as well, which can be attributed to increase in population suffering from diabetes across the globe, which have been advised to monitor blood glucose on a regular basis.

In terms of application, the market is segregated into diagnostic, monitoring, imaging, wellness and fitness, medical therapeutics and others. Among them, the diagnostic application segment is projected to lead during the forecast period. This is due to wide acceptance of diagnostics application of sensor patch in the healthcare industry.

The major players operating in the sensor patch market are Abbott Laboratories, iRhythm Technologies, DexCom, Medtronic, Texas Instruments, Feeligreen SA, Frontier Smart Technologies Group Ltd., Gentag, Inc., G-Tech Medical, Inc., HIVOX BIOTEK INC. and others. The key market players are adopting some competitive strategies such as mergers & acquisitions, partnership, agreements in order to expand their geographic reach and to increase their customer base.

Years considered for this report:

Historical Years: 2016-2019

Base Year: 2020

Estimated Year: 2021

Forecast Period: 2022–2026

Objective of the Study:

  • To analyze and estimate the market size of global sensor patch market from 2016 to 2019.
  • To estimate and forecast the market size of global sensor patch market from 2020 to 2026 and growth rate until 2026.
  • To classify and forecast global sensor patch market based on product type, application, end user industry, company and regional distribution.
  • To identify dominant region or segment in the global sensor patch market.
  • To identify drivers and challenges for global sensor patch market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global sensor patch market.
  • To conduct pricing analysis for global sensor patch market.
  • To identify and analyze the profile of leading players operating in global sensor patch market.
  • To identify key sustainable strategies adopted by market players in global sensor patch market.

 

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the hospitals/clinics which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers and presence of all major players across the globe.

TechSci Research calculated the market size of global sensor patch market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Sensor patch manufacturers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to sensor patch

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, global sensor patch market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Sensor Patch Market, By Product Type:
    • Temperature Sensor Patch
    • Blood Glucose Sensor Patch
    • Blood Pressure/Flow Sensor Patch
    • Heart Rate Sensor Patch
    • ECG Sensor Patch
    • Blood Oxygen Sensor Patch
    • Other
  • Global Sensor Patch Market, By Application:
    • Diagnostic
    • Monitoring
    • Imaging
    • Wellness and Fitness
    • Medical therapeutics
    • Others
  • Global Sensor Patch Market, By End User Industry:
    • Healthcare
    • Fitness and Sports
  • Global Sensor Patch Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global sensor patch market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

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1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Sensor Patch Market

4.    Executive Summary

5.    Voice of Customer

6.    Global Sensor Patch Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product Type (Temperature Sensor Patch, Blood Glucose Sensor Patch, Blood Pressure/Flow Sensor Patch, Heart Rate Sensor Patch, ECG Sensor Patch, Blood Oxygen Sensor Patch and Other)

6.2.2.     By Application (Diagnostic, Monitoring, Imaging, Wellness and Fitness, Medical therapeutics and Others)

6.2.3.     By End User Industry (Healthcare and Fitness and Sports)

6.2.4.     By Company

6.2.5.     By Region

6.3.  Market Attractiveness Index

7.    Asia-Pacific Sensor Patch Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Product Type

7.2.2.     By Application

7.2.3.     By End User Industry

7.2.4.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Sensor Patch Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Product Type

7.3.1.2.2.             By Application

7.3.1.2.3.             By End User Industry

7.3.2.     India Sensor Patch Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Product Type

7.3.2.2.2.             By Application

7.3.2.2.3.             By End User Industry

7.3.3.     Australia Sensor Patch Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Product Type

7.3.3.2.2.             By Application

7.3.3.2.3.             By End User Industry

7.3.4.     Japan Sensor Patch Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Product Type

7.3.4.2.2.             By Application

7.3.4.2.3.             By End User Industry

7.3.5.     South Korea Sensor Patch Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Product Type

7.3.5.2.2.             By Application

7.3.5.2.3.             By End User Industry

8.    Europe Sensor Patch Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Product Type

8.2.2.     By Application

8.2.3.     By End User Industry

8.2.4.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Sensor Patch Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Product Type

8.3.1.2.2.             By Application

8.3.1.2.3.             By End User Industry

8.3.2.     Germany Sensor Patch Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Product Type

8.3.2.2.2.             By Application

8.3.2.2.3.             By End User Industry

8.3.3.     United Kingdom Sensor Patch Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Product Type

8.3.3.2.2.             By Application

8.3.3.2.3.             By End User Industry

8.3.4.     Italy Sensor Patch Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Product Type

8.3.4.2.2.             By Application

8.3.4.2.3.             By End User Industry

8.3.5.     Spain Sensor Patch Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Product Type

8.3.5.2.2.             By Application

8.3.5.2.3.             By End User Industry

9.    North America Sensor Patch Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Product Type

9.2.2.     By Application

9.2.3.     By End User Industry

9.2.4.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Sensor Patch Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Product Type

9.3.1.2.2.             By Application

9.3.1.2.3.             By End User Industry

9.3.2.     Mexico Sensor Patch Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Product Type

9.3.2.2.2.             By Application

9.3.2.2.3.             By End User Industry

9.3.3.     Canada Sensor Patch Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Product Type

9.3.3.2.2.             By Application

9.3.3.2.3.             By End User Industry

10.  South America Sensor Patch Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Product Type

10.2.2.  By Application

10.2.3.  By End User Industry

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Sensor Patch Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Product Type

10.3.1.2.2.           By Application

10.3.1.2.3.           By End User Industry

10.3.2.  Argentina Sensor Patch Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Product Type

10.3.2.2.2.           By Application

10.3.2.2.3.           By End User Industry

10.3.3.  Colombia Sensor Patch Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Product Type

10.3.3.2.2.           By Application

10.3.3.2.3.           By End User Industry

11.  Middle East and Africa Sensor Patch Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Product Type

11.2.2.  By Application

11.2.3.  By End User Industry

11.2.4.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Sensor Patch Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Product Type

11.3.1.2.2.           By Application

11.3.1.2.3.           By End User Industry

11.3.2.  Saudi Arabia Sensor Patch Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Product Type

11.3.2.2.2.           By Application

11.3.2.2.3.           By End User Industry

11.3.3.  UAE Sensor Patch Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Product Type

11.3.3.2.2.           By Application

11.3.3.2.3.           By End User Industry

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Abbott Laboratories Inc.

14.2.              iRhythm Technologies Inc.

14.3.              DexCom, Inc.

14.4.              Medtronic PLC

14.5.              Texas Instruments Inc.

14.6.              Feeligreen SA

14.7.              Frontier Smart Technologies Group Ltd.

14.8.              Gentag, Inc.

14.9.              G-Tech Medical, Inc.

14.10.            HIVOX BIOTEK INC.

15.  Strategic Recommendations

16. About Us & Disclaimer

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