Sensor Patch Market by Type (Blood-Glucose, Blood-Oxygen), by Application (Monitoring, Imaging) by End Use Industry (Healthcare, Fitness, Sports) by Region (Asia-Pacific, North America, Europe, Middle East & Africa, South America) – Global Forecast from 2020 To 2027

Sensor Patch Market - Global Industry Analysis and Forecast 2020 to 2027

Sensor Patch Market: Summary

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.

Sensor Patch Market

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.

Sensor Patch Market: Report Scope

The report on the sensor patch market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.

Report Features

Specifics

Historical/Estimated/Forecasted Market Size Years

2019-2027

Base Year for Market Calculation

2020

Forecasted Period

2021-2027 (2021 estimated year, forecasted up to 2027)

Measured Units

Value (USD Million)

Segments Included

Type, application, wearing type, end Us Industry, and Region

Regional Coverage

North America, Asia-Pacific, Europe, Middle East & Africa, South America

Key Companies Covered

  • 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
  • Other Key Companies

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

  • North America
    • US
    • Canada
    • Mexico
  • Asia-Pacific
    • China
    • India
    • Japan
    • Taiwan
    • South Korea
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Russia
    • Switzerland
    • Rest of Europe
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Rest of South America

Key Questions Answered By The Report

  • What are the prominent developments affecting the market worldwide and its growth?
  • What will be the impact of the developments in the market on the industry and on the market players in the future?
  • What are the evolving variations of the market globally?
  • What are the evolving functions of the market globally?
  • What are the prominent aspects that will affect market growth globally during the study period?
  • Who are the key players operating in the market across the globe?
  • How are the key players leveraging in the present market scenario worldwide?

Report Audience

  • Sensor Patch Market Providers
  • Sensor Patch Market Solution and Services Suppliers, Distributors and Dealers
  • End-Users of Varied Segments of Sensor Patch Market
  • Government Bodies and Intellectual Institutions
  • Associations and Industrial Organizations
  • Research & Consulting Service Providers
  • Research & Development Organizations
  • Investment Banks & Private Equity Firms

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE Sensor Patch MARKET STUDY

  1. INTRODUCTION
    1. Research Objectives
    2. Market Definition
    3. Research Scope
    4. Regional Coverage
    5. Research Timeline
    6. Assumptions
    7. Limitations
  2. RESEARCH DESIGN & SCOPE
    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
  3. EXECUTIVE SUMMARY
  4. MARKET DYNAMICS
    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
  5. INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
    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
  11. COMPETITIVE LANDSCAPE
    1. Introduction
    2. Market Ranking/Share Analysis of Key Companies
    3. Company Benchmarking
  12. COMPANY PROFILES
    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
  13. APPENDIX
    1. Key Industry Expert Insights
    2. Primary Discussion Guide
    3. Customization Options

Note1: Tentative table of contents, may get updated during the course of research.

Note2: Company financial information is subject to availability in public domain

60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY

Rep Id : SC 061

Published : July, 2020


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