Report Feature
The future of the sensor patch market looks promising with opportunities in the healthcare and sports & fitness industries. The global sensor patch market is expected to grow with a CAGR of 40% to 42% from 2020 to 2025. The major growth drivers for this market are growing demand for portable medical devices and increasing adoption of telehealth and advancements in wearable solutions.
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Growth in various segments of the sensor patch market are given below:
The study includes trends and forecast for the global sensor patch market by product type, application, wearable type, end use industry, and region as follows
By Product Type [$M shipment analysis for 2014 – 2025]:
- Temperature Sensor Patch
- Blood Glucose Sensor Patch
- Blood Pressure/Flow Sensor Patch
- Heart Rate Sensor Patch
- ECG Sensor Patch
- Blood Oxygen Sensor Patch
- Others
By Application [$M shipment analysis for 2014 – 2025]:
- Monitoring
- Diagnostics
By Wearable Type [$M shipment analysis for 2014 – 2025]:
- Wristwear
- Neckwear
- Bodywear
By End Use Industry [$M shipment analysis for 2014 – 2025]:
- Healthcare
- Sports & Fitness
By Region [$M shipment analysis for 2014 – 2025]:
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North America
- United States
- Canada
- Mexico
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Europe
- Germany
- UK
- Italy
-
Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of the World
Some of the sensor patch manufacturers profiled in this report include, Abbott Laboratories, iRhythm Technologies, DexCom, Proteus Digital Health, Medtronic, and Texas Instruments.
In this market, 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 sensors are used.
Within the sensor patch market, healthcare and sports & fitness are the major end use industries.
APAC is expected to witness the highest growth over the forecast period due to growth of medical devices and healthcare IT solutions.
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Features of the Global Sensor Patch Market |
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This report answers following 11 key questions |
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Q.1 What are some of the most promising potential, high-growth opportunities for the 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, and others), application (monitoring, diagnostics), wearable type (wristwear, neckwear, and bodywear), end use industry (healthcare and sports & fitness), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW))? Q. 2 Which segments will grow at a faster pace and why? Q.3 Which regions will grow at a faster pace and why? Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the market? Q.5 What are the business risks and threats to the sensor patch market? Q.6 What are the emerging trends in the sensor patch market and the reasons behind them? Q.7 What are some changing demands of customers in the sensor patch market? Q.8 What are the new developments in the sensor patch market? Which companies are leading these developments? Q.9 Who are the major players in the sensor patch market? What strategic initiatives are being implemented by key players for business growth? Q.10 What are some of the competitive products and processes in the sensor patch market, and how big of a threat do they pose for loss of market share via material or product substitution? Q.11 What M & A activities did take place in the last five years in the sensor patch market? |
Report Scope
| Key Features | Description |
| Base Year for Estimation | 2019 |
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Trend Period (Actual Estimates) |
2014-2019 |
| Forecast Period | 2020-2025 |
| Pages | 150 |
| Market Representation / Units | Revenue in US $ Million |
| Report Coverage | Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger Acquisitions & Joint Venture, and Company Profiling |
| Market Segments | 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 Others), Application (Monitoring, Diagnostics), Wearable Type (Wristwear, Neckwear, and Bodywear), End Use Industry (Healthcare and Sports & Fitness) |
| Regional Scope | North America, Europe, Asia Pacific, and RoW |
Table of Contents
1. Executive Summary
6.2 Emerging Trends in the Global Sensor Patch Market
4.1 Global Sensor Patch or Market by Region
4.2.1 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, and Others
4.2.2 Market by Application: Monitoring and Diagnostics
4.2.3 Market by Wearable Type: Wristwear, Neckwear, and Bodywear
4.2.4 Market by End Use Industry: Healthcare and Sports & Fitness
4.2.5 United States Sensor Patch Market
4.2.6 Canadian Sensor Patch Market
4.2.7 Mexican Sensor Patch Market
4.3.1 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, and Others
4.3.2 Market by Application: Monitoring and Diagnostics
4.3.3 Market by Wearable Type: Wristwear, Neckwear, and Bodywear
4.3.4 Market by End Use Industry: Healthcare and Sports & Fitness
4.3.5 German Sensor Patch Market
4.3.6 UK Sensor Patch Market
4.3.7 Italian Sensor Patch Market
4.4.1 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, and Others
4.4.2 Market by Application: Monitoring and Diagnostics
4.4.3 Market by Wearable Type: Wristwear, Neckwear, and Bodywear
4.4.4 Market by End Use Industry: Healthcare and Sports & Fitness
4.4.5 Chinese Sensor Patch Market
4.4.6 Japanese Sensor Patch Market
4.4.7 South Korean Sensor Patch Market
4.4.8 Indian Sensor Patch Market
4.4.1 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, and Others
4.4.2 Market by Application: Monitoring and Diagnostics
4.4.3 Market by Wearable Type: Wristwear, Neckwear, and Bodywear
4.4.4 Market by End Use Industry: Healthcare and Sports & Fitness
6.1.1 Growth Opportunities for the Global Sensor Patch Market by Product Type
6.1.2 Growth Opportunities for the Global Sensor Patch Market by Application
6.1.3 Growth Opportunities for the Global Sensor Patch Market by Wearable Type
6.1.4 Growth Opportunities for the Global Sensor Patch Market by End Use Industry
6.1.5 Growth Opportunities for the Global Sensor Patch Market by Region
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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