Global Sensor Patch Market: Key Highlights
Global Sensor Patch Market: Key Market Dynamics
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Global Sensor Patch Market: Regional Overview
Europe is expected to dominate the sensor patch market during forecast period. Advanced technological developments in healthcare industry and supportive government rules and regulations will drive the market during growth period. E-Health services and service providers in the UK, Germany, Italy, and France are engage in developing new policies for people in EU. In September 2019, Government commits to funding healthcare for over 180,000 UK nationals living in the EU for 6 months.
Asia-Pacific is expected to grow at faster rate during forecast period. China, India, Japan, Australia, New-Zealand, and South Korea are expected to drive the sensor patch market in APAC. Increasing population, increasing healthcare industry, and covid-19 impact will increase the sensor patch market in APAC. Moreover, increasing demand for fitness, sports, and need for individual monitoring will fueling in the growth of the sensor patch market in APAC.
Global SENSOR PATCH Market: Key Players Overview
The company design, manufacture, and sell embedded and analog semiconductors for various end users such as industrial, automotive, consumer electronics, and IT & telecommunication. The company provide multi-parameter patches, temperature patches, and ECG patches for Wearable fitness and activity monitor applications. The company developed industry's first flexible high frequency 13.56 MHz sensor transponder family. This sensor has extended battery life and will used in consumer wearables, industrial, medical and asset tracking applications.
The company creates various products for in diagnostics, medical devices, nutrition and branded generic pharmaceuticals applications. The company operates in cardiovascular, diabetes care, diagnostics, neuromodulation, nutrition, and medicines. The company provide sensor glucose monitoring and blood glucose monitoring for personal use and professional use. In June 2020, the company launched FreeStyle Libre 2, an integrated continuous glucose monitoring (iCGM) system to transmit the glucose data every minute with customizable, optional real-time alarms to alert users when their glucose is high or low without scanning.
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