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Understanding the dynamics of the global sensor patch market

Industrial Market Research

The Global Sensor Patch Market accounted for USD 33.5 million in 2016 growing at a CAGR of 47.5% during the forecast period of 2017 to 2024.

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The Global Sensor Patch Market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Company Share Analysis of Global Sensor Patch Market

The report for sensor patch market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others.

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The report also measures technology life line curve and market time line to analyze and do more affective investments.

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 Top Competitors of Market

  • Abbott Laboratories,
  • Dexcom, Inc.,
  • Feeligreen SA,
  • Frontier Smart Technologies Group Ltd.,
  • Gentag, Inc.,
  • G-Tech Medical, Inc.,
  • Isansys Lifecare Ltd.,
  • HIVOX BIOTEK INC.,
  • Hocoma AG,
  • iRhythm Technologies, Inc.,
  • Kenzen, Inc.,,
  • MTG Co.,Ltd.,
  • NanoSonic, Inc.,
  • SMARTRAC N.V.,
  • Texas Instruments Incorporated,
  • VitalConnect, Inc.,
  • Nemaura Medical Inc.,
  • Preventice Solutions,  Inc.,
  • Proteus Digital Health, Inc.,
  • X2 Biosystems Inc
  • Raiing Medical Company,
  • Sensium Healthcare Ltd.,

 Market Segmentation

The sensor patch market is segmented on the basis of product 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 others. The global sensor patch market is also segmented on the basis of applications into monitoring, and diagnostics.  

On the basis of end user, global sensor patch market is further segmented into healthcare, and fitness and sports.

On the basis of geography, global sensor patch market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

In 2017, North America is expected to dominate the market.

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 Market Drivers and Restraints

  • Rising health care expenditure
  • Technological developments in sensor patch
  • Increasing adoption of wearable in health monitoring
  • Rising disposable incomes

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