Global Sensor Patch Market

Global Sensor Patch Market, Size, Trends & Analysis - Forecasts To 2026 By Application (Medical Therapeutics, Monitoring, Diagnostics), By Product Type (Temperature Sensor Patch, Blood Glucose Sensor Patch, Blood Pressure Sensor Patch, Heart Rate Sensor Patch, ECG Sensor Patch, Blood Oxygen Sensor Patch, Others), By End-User Industry (Healthcare, Fitness & sports), By Wearable Type (Footwear, Wristwear, Neckwear, Bodywear), By Region (North America, Europe, Asia Pacific and Rest of the World); Vendor Landscape, End User Landscape and Company Market Share Analysis & Competitor Analysis

Category Electronics, Semiconductors and Information & Communication Technology

Format

This report was recently updated on April 12 2024 with the latest and most recent market numbers

Sensor Patch Market Insights

The global sensor patch market is projected to grow at a high CAGR% during the forecast period (2020-2026). The increase in personal disposable income and consumer inclination towards wearable devices for diagnosis are some of the major factors driving the growth of the market. The sensor patch is a small device like a chip that is adhered to the human body to monitor and diagnose the physiological changes in the human body. It is mostly used in childcare, geriatric care, and long haul therapeutic care. Some types of patch sensors are connected to electronic devices such as smartphones, and tablets among others. Rise in use of smartphones, growing drift of IoT, development in sensors, and increasing investments in the healthcare sector are some of the factors propelling the growth of the sensor patch market. However, sensor patches can be worn during various daily activities like swimming, and exercise and can potentially cause skin rashes which restrains the growth of the market.

Sensor Patch Market Size: By Product Type

Based on product type, the sensor patch market is segmented into temperature sensor patch, blood glucose sensor patch, blood pressure sensor patch, heart rate sensor patch, ECG sensor patch, and blood oxygen sensor patch among others. The blood glucose sensor patch segment is estimated to hold the largest market share during the forecast period due to the increasing number of diabetes patients and the growing requirement for daily monitoring of glucose level in blood.

Sensor Patch Market Size: By Application

Based on application, the sensor patch market is classified into monitoring, diagnostics, and medical therapeutics. The diagnostics segment is anticipated to hold the largest market share in terms of revenue during the forecast period. Rising incidences of chronic diseases, increasing geriatric population, and growing adoption of diagnostic sensors especially for infants propel the growth of this segment. Moreover, the growing number of diagnostic tests for COVID-19 globally has boosted the growth of the diagnostics segment in the sensor patch market.

Sensor Patch Market Size: By End-User

Based on end-user, the sensor patch market is segmented into healthcare and fitness & sports. Fitness & sports segment is projected to grow at a high CAGR during the forecast period. The growing wide adoption of sensor patches and changing lifestyles are some of the factors driving the market growth. Moreover, growing concern towards weight management, and rising awareness for fitness is expected to boost the growth of the segment in the sensor patch market. The healthcare segment is also estimated to hold a significant market share over the forecast period.

Sensor Patch Market Size: By Region

Based on region, the global sensor patch market is segmented into North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa. Asia Pacific region is estimated to hold the largest market share during the forecast period. Rising urbanization, technological advancements, and the growing adoption of new technology among consumers is propelling the growth of the market in the region. Countries like India, China, and Japan are majorly contributing to the overall growth of the sensor patch market in the Asia Pacific region. North America followed by Europe is expected to grow significantly owing to the presence of prominent players and increasing investment in research and development activities for the development of advanced monitoring devices.

Sensor Patch Market Share & Competitor Analysis

Some of the key players operating in the global sensor patch market are VpatchCardio Pty Ltd., Hocoma AG, Abbott Laboratories, Humavox Ltd., Isansys Lifecare Ltd., Leaf Healthcare, Inc., Medtronic PLC, Smartrac N.V., Biotek Inc., Feeligreen SA, Nemaura Medical Inc., NanoSonic, Inc., MC10, Inc., Raiing Medical Company, Masimo Corporation, Sensium Healthcare Ltd., and G-Tech Medical, Inc. among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In January 2020, Abbott Laboratories invented Heart valve in Roseville which allows replacement of mitral valve without invasive open-chest surgery
In May 2019, Medtronic Inc. signed an agreement to acquire Titan Spine. The company is engaged in manufacturing, and designing interbody fusion devices for use in the cervical and lumber spine

Check the Press Release on Global Sensor Patch Market Report

Sensor Patch Market: By Application

Introduction
1. Sensor Patch Market, By Application, 2020-2026 (USD Million)
Medical Therapeutics
1. Medical Therapeutics: Sensor Patch Market, 2020-2026 (USD Million)
Monitoring
1. Monitoring: Sensor Patch Market, 2020-2026 (USD Million)
Diagnostics
1. Diagnostics: Sensor Patch Market, 2020-2026 (USD Million)

Sensor Patch Market: By Product Type

Introduction
1. Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
Temperature Sensor Patch
1. Temperature Sensor Patch: Sensor Patch Market, 2020-2026 (USD Million)
Blood Glucose Sensor Patch
1. Blood Glucose Sensor Patch: Sensor Patch Market, 2020-2026 (USD Million)
Blood Pressure Sensor Patch
1. Blood Pressure Sensor Patch: Sensor Patch Market, 2020-2026 (USD Million)
Heart Rate Sensor Patch
1. Heart Rate Sensor Patch: Sensor Patch Market, 2020-2026 (USD Million)
ECG Sensor Patch
1. ECG Sensor Patch: Sensor Patch Market, 2020-2026 (USD Million)
Blood Oxygen Sensor Patch
1. Blood Oxygen Sensor Patch: Sensor Patch Market, 2020-2026 (USD Million
Others
1. Others: Sensor Patch Market, 2020-2026 (USD Million)

Sensor Patch Market: By End-User Industry

Introduction
1. Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
Healthcare
1. Healthcare: Sensor Patch Market, 2020-2026 (USD Million)
Fitness & sports
1. Fitness & sports: Sensor Patch market, 2020-2026 (USD Million)

Sensor Patch Market: By Wearable Type

Introduction
1. Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
Footwear
1. Footwear: Sensor Patch Market, 2020-2026 (USD Million)
Wristwear
1. Wristwear: Sensor Patch Market, 2020-2026 (USD Million)
Neckwear
1. Neckwear: Sensor Patch Market, 2020-2026 (USD Million)
Bodywear
1. Bodywear : Sensor Patch Market, 2020-2026 (USD Million)

Sensor Patch Market: By Region

Introduction
1. Global Sensor Patch Market, Regional Analysis, 2020-2026 (USD Million)
North America
1. North America Sensor Patch Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Application
    1. North America Sensor Patch Market, By Application, 2020-2026 (USD Million)
  2. By Product Type
    1. North America Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
  3. By End-User Industry
    1. North America Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
  4. By Wearable Type
    1. North America Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
  5. By Country
    1. U.S
      1. By Application
        
        U.S Sensor Patch Market, By Application, 2020-2026 (USD Million)
      2. By Product Type
        
        U.S Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
      3. By End-User Industry
        
        U.S Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
      4. By Wearable Type
        
        U.S Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
    2. Canada.
      1. By Application
        
        Canada Sensor Patch Market, By Application, 2020-2026 (USD Million)
      2. By Product Type
        
        Canada Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
      3. By End-User Industry
        
        Canada Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
      4. By Wearable Type
        
        Canada Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
    3. Mexico
      1. By Application
        
        Mexico Sensor Patch Market, By Application, 2020-2026 (USD Million)
      2. By Product Type
        
        Mexico Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
      3. By End-User Industry
        
        Mexico Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
      4. By Wearable Type
        
        Mexico Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
Europe
1. Europe Sensor Patch Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Application
    1. Europe Sensor Patch Market, By Application, 2020-2026 (USD Million)
  2. By Product Type
    1. Europe Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
  3. By End-User Industry
    1. Europe Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
  4. By Wearable Type
    1. Europe Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
  5. By Country
    1. Germany
      1. By Application
        
        Germany Sensor Patch Market, By Application, 2020-2026 (USD Million)
      2. By Product Type
        
        Germany Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
      3. By End-User Industry
        
        Germany Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
      4. By Wearable Type
        
        Germany Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
    2. UK
      1. By Application
        
        UK Sensor Patch Market, By Application, 2020-2026 (USD Million)
      2. By Product Type
        
        UK Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
      3. By End-User Industry
        
        UK Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
      4. By Wearable Type
        
        UK Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
    3. France
      1. By Application
        
        France Sensor Patch Market, By Application, 2020-2026 (USD Million)
      2. By Product Type
        
        France Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
      3. By End-User Industry
        
        France Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
      4. By Wearable Type
        
        France Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
    4. Italy
      1. By Application
        
        Italy Sensor Patch Market, By Application, 2020-2026 (USD Million)
      2. By Product Type
        
        Italy Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
      3. By End-User Industry
        
        Italy Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
      4. By Wearable Type
        
        Italy Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
    5. Rest Of Europe
      1. By Application
        
        Rest Of Europe Sensor Patch Market, By Application, 2020-2026 (USD Million)
      2. By Product Type
        
        Rest Of Europe Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
      3. By End-User Industry
        
        Rest Of Europe Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
      4. By Wearable Type
        
        Rest Of Europe Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
Asia Pacific
1. Asia Pacific Sensor Patch Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Application
    1. Asia Pacific Sensor Patch Market, By Application, 2020-2026 (USD Million)
  2. By Product Type
    1. Asia Pacific Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
  3. By End-User Industry
    1. Asia Pacific Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
  4. By Wearable Type
    1. Asia Pacific Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
  5. By Country
    1. China
      1. By Application
        
        China Sensor Patch Market, By Application, 2020-2026 (USD Million)
      2. By Product Type
        
        China Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
      3. By End-User Industry
        
        China Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
      4. By Wearable Type
        
        China Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
    2. Japan
      1. By Application
        
        Japan Sensor Patch Market, By Application, 2020-2026 (USD Million)
      2. By Product Type
        
        Japan Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
      3. By End-User Industry
        
        Japan Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
      4. By Wearable Type
        
        Japan Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
    3. India
      1. By Application
        
        India Sensor Patch Market, By Application, 2020-2026 (USD Million)
      2. By Product Type
        
        India Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
      3. By End-User Industry
        
        India Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
      4. By Wearable Type
        
        India Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
    4. South Korea
      1. By Application
        
        South Korea Sensor Patch Market, By Application, 2020-2026 (USD Million)
      2. By Product Type
        
        South Korea Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
      3. By End-User Industry
        
        South Korea Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
      4. By Wearable Type
        
        South Korea Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
Central & South America
1. Central & South America Sensor Patch Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Application
    1. Central & South America Sensor Patch Market, By Application, 2020-2026 (USD Million)
  2. By Product Type
    1. Central & South America Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
  3. By End-User Industry
    1. Central & South America Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
  4. By Wearable Type
    1. Central & South America Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
  5. By Country
    1. Brazil
      1. By Application
        
        Brazil Sensor Patch Market, By Application, 2020-2026 (USD Million)
      2. By Product Type
        
        Brazil Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
      3. By End-User Industry
        
        Brazil Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
      4. By Wearable Type
        
        Brazil Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
Middle East & Africa
1. Middle East & Africa Sensor Patch Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Application
    1. Middle East & Africa Sensor Patch Market, By Application, 2020-2026 (USD Million)
  2. By Product Type
    1. Middle East & Africa Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
  3. By End-User Industry
    1. Middle East & Africa Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
  4. By Wearable Type
    1. Middle East & Africa Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
  5. By Country
    1. Saudi Arabia
      1. By Application
        
        Saudi Arabia Sensor Patch Market, By Application, 2020-2026 (USD Million)
      2. By Product Type
        
        Saudi Arabia Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
      3. By End-User Industry
        
        Saudi Arabia Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
      4. By Wearable Type
        
        Saudi Arabia Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)
    2. UAE
      1. By Application
        
        UAE Sensor Patch Market, By Application, 2020-2026 (USD Million)
      2. By Product Type
        
        UAE Sensor Patch Market, By Product Type, 2020-2026 (USD Million)
      3. By End-User Industry
        
        UAE Sensor Patch Market, By End-User Industry, 2020-2026 (USD Million)
      4. By Wearable Type
        
        UAE Sensor Patch Market, By Wearable Type, 2020-2026 (USD Million)

The global Sensor Patch Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Sensor Patch Market.

Sensor Patch Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Sensor Patch Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Sensor Patch Market