Sensor Patch Market Key Players And Production Information Analysis With Forecast 2027

The Global Sensor Patch Market is projected to reach a value of over USD 10.6 billion by 2027 at a CAGR of around 39.3%.

Sensor patch is a small electronic device which is activated by RFID. This chip is placed on human skin with order to detect, monitor the physiological changes occurred in human body. Rising healthcare developments, increasing adoption of wearables in healthcare, and technological developments in sensor patch technology will drive the sensor patch market during growth period. The global players are investing in sensor patch technology to create brand identity and diversify their business in healthcare, fitness, and sports industries.

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Sensor Patch Market: Drivers & Restraint

Market Driver:

  • Increasing Wearables in Healthcare Monitoring

Wearables devices such as smart watches, fitness trackers, wearable blood pressure monitors, and wearable ECG monitors will expected to increase the wearable devices market in healthcare industry. According to Accenture, wearable holds 33% of consumer electronics in the US for the year 2018. The upward trends in wearable sensing technology will changes the decisions of insurers, health providers, and companies to take advantage. Hence, with the rise of wearable devices in healthcare, sensor patch is expected to drive the market during forecast period.

Market Restraint:

  • Lack of Technology Awareness  

Sensor patch is one of the innovative product made by humans for monitoring and diagnose the human body in different physical environment. Due to less service provision and less marketing of sensor patch, many of the customers are did not aware about the sensor patch advantages and their applications. Moreover, the sensor patch technology is available only for the high-end smartphones and high-end wearable devices which normal customers cannot afford. Hence they did not get full advantages and hence it will hinder the growth of the market during forecast period.

Sensor Patch Market: Key Segments

  • Segmentation based on type: Blood-Oxygen Sensor Patch, Temperature Sensor Patch, Blood-Glucose Sensor Patch, ECG Sensor Patch, Heart Rate Sensor Patch, Blood Pressure Sensor Patch, and Others
  • Segmentation based on application: Diagnostic, Imaging, Fitness & Wellness, Monitoring, Medical Therapeutics, and Others
  • Segmentation based on Wearing Type: Bodywear, Neckwear, Wristwear, and Footwear
  • Segmentation based on end use industry: Healthcare, Fitness, and Sports
  • Segmentation based on region covers: North America, Europe, Asia-Pacific, Middle East & Africa and South America with individual country-level analysis.

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List of the leading companies operating in the Sensor Patch Market include:

  • Texas Instruments Incorporated (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis)
  • Abbott
  • Dexcom, Inc.
  • iRhythm Technologies, Inc.
  • Proteus Digital Health, Inc.
  • Kenzen, Inc.
  • Preventice Solutions, Inc.
  • VitalConnect
  • GENTAG, Inc.
  • Isansys Ltd.
  •  Leaf Healthcare, Inc.
  • MC10
  • MTG Co.,Ltd
  • NanoSonic Inc.
  • Nemaura

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Sensor Patch Market: Report Segmentation

For the scope of the report, In-depth segmentation is offered by Forencis Research

Sensor Patch Market, by Type

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

Sensor Patch Market, by Application

  • Diagnostic
  • Imaging
  • Fitness & Wellness
  • Monitoring
  • Medical Therapeutics
  • Others

Sensor Patch Market, by Wearing Type

  • Bodywear
  • Neckwear
  • Wristwear
  • Footwear

Sensor Patch Market, by End Use Industry

  • Healthcare
  • Fitness
  • Sports

Sensor Patch Market by Region

·         Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific)

·         North America (US, Canada, Mexico)

·         Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe)

·         Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

·         South America (Brazil, Argentina, Rest of South America)

Table of Content:

    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
    1. Introduction
    2. Primary Research
      1. Key Industry Expert Insight
    3. Secondary Research
      1. Vital Data from Secondary Sources
    4. Market Size Estimation
    5. Data Validation & Triangulation
    1. Introduction
    2. Drivers
      1. Increasing Wearables in Healthcare Monitoring
      2. Technological Developments in Sensor Patch
    3. Restraint
      1. Lack of Technology Awareness
    4. Opportunities
      1. Rising Demand for Portable Devices
    5. Challenges
      1. Connection Problems
    1. Introduction
      1. Power of Buyers
      2. Power of Suppliers
      3. Intensity of Competition
      4. Challenges of Substitutes
      5. Challenges of New Entrants
    2. Sensor Patch Technologies
  6. GLOBAL SENSOR PATCH MARKET BY TYPE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Blood-Oxygen Sensor Patch
    3. Temperature Sensor Patch
    4. Blood-Glucose Sensor Patch
    5. ECG Sensor Patch
    6. Heart Rate Sensor Patch
    7. Blood Pressure Sensor Patch
    8. Others
  7. GLOBAL SENSOR PATCH MARKET BY APPLICATION, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Diagnostic
    3. Imaging
    4. Fitness & Wellness
    5. Monitoring
    6. Medical Therapeutics
    7. Others
  8. GLOBAL SENSOR PATCH MARKET BY WEARING TYPE, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Bodywear
    3. Neckwear
    4. Wristwear
    5. Footwear
  9. GLOBAL SENSOR PATCH MARKET BY END USE INDUSTRY, Market Size in USD Million (2019-2027)
    1. Introduction
    2. Healthcare
    3. Fitness
    4. Sports
  10. GLOBAL SENSOR PATCH MARKET BY REGION, Market Size in USD Million (2019-2027)
    1. North America
      1. US
      2. Canada
      3. Mexico
    2. Europe
      1. Germany
      2. France
      3. Italy
      4. UK
      5. Russia
      6. Switzerland
      7. Rest of Europe
    3. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Taiwan
      5. South Korea
      6. Rest of Asia-Pacific
    4. Middle East and Africa
      1. Saudi Arabia
      2. UAE
      3. Rest of Middle East and Africa
    5. South America
      1. Brazil
      2. Argentina
      3. Rest of South America
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
    1.  Texas Instruments Incorporated
      1. Company Overview
      2. Financial Overview
      3. Products/Solutions/Services Offered
      4. Key Developments
      5. SWOT Analysis
    2. Abbott
    3. Dexcom, Inc.
    4. iRhythm Technologies, Inc. 
    5. Proteus Digital Health, Inc.
    6. Kenzen, Inc.
    7. Preventice Solutions, Inc.
    8. VitalConnect
    9. GENTAG, Inc.
    10. Isansys Ltd. 
    11.  Leaf Healthcare, Inc.
    12. MC10
    13. MTG Co.,Ltd
    14. NanoSonic Inc.
    15. Nemaura
    16. Other Key Companies
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

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