Sensor Patch Market worth 562.1 Million USD by 2023 - Future Analysis

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Sensor Patch Market by Product (Temperature,
Blood Glucose, Blood Pressure/Flow, Heart Rate,
ECG, Blood Oxygen), Application (Monitoring,
Diagnostics), End-User Industry (Healthcare, and
Fitness and Sports), and Geography - Global
Forecast to 2023
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According to the new research report "Sensor
Patch Market by Product (Temperature, Blood
Glucose, Blood Pressure/Flow, Heart Rate, ECG,
Blood Oxygen), Application (Monitoring,
Diagnostics), End-User Industry (Healthcare, and
Fitness and Sports), and Geography - Global
Forecast to 2023 The sensor patch market is
expected to be worth USD 562.1 Million by 2023,
at a CAGR of 47.03 between 2017 and 2023. The
growth of this market is mainly driven by
increasing per capita healthcare expenditure and
disposable incomes in OECD countries, consumer
preference for wearable in health monitoring
application, and comfortability offered by sensor
patch. PDF Brochure https//www.marketsandmark
ets.com/pdfdownload.asp?id50239064utm_sourcePPT
utm_medium7278

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Market for blood glucose sensor patch held the
largest size in 2016 The large market of blood
glucose sensor patch is mainly attributed to the
increasing number of patients with diabetes
across the world. According to World Health
Organization, about 422 million people were
affected by diabetes in 2014 worldwide. Many
patients with diabetes have been advised to
monitor blood glucose on a regular basis.
Monitoring glucose level regularly is essential
to keep diabetes under control. The demand for
self-testing devices is driving the sensor patch
market. The painful pricking procedure used by
other glucose monitoring devices can be
considerably avoided by implementing sensor
patches. The market for blood glucose sensor
patch accounted for the largest market in 2016.
The large market of blood glucose sensor patch is
mainly attributed to increasing number of
patients with diabetes across the world.
According to World Health Organization, about 422
million people were affected by diabetes in 2014
worldwide. Many patients with diabetes have been
advised to monitor blood glucose on a regular
basis. Monitoring glucose level regularly is
essential to keep diabetes under control. The
demand for self-testing devices is driving the
sensor patch market. The painful pricking
procedure used by other glucose monitoring
devices can be considerably avoided by
implementing sensor patches.
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Market for diagnostics application is expected to
grow at the highest rate during the forecast
period Diagnostics application of sensor patch
is now being accepted in the healthcare industry
as the current and historical data gathered by
sensor patches assist clinicians with precise
diagnostics. There is increasing scope for
diagnostics sensor patches in childcare as
infants cannot communicate about their health
status. The North America accounted for the
largest share of the hearable devices market in
2016 North American consumers in general focus
on value and functionality. The demand for sensor
patch is increasing in North America as a result
of the demand for technologically advanced
medical devices and monitoring devices that can
be used in homes for the growing aging
population. The increase in RD in the field of
wearables, in terms of new and improved
technologies, and the rise in demand for improved
lifestyle are the two crucial factors driving the
market in this region. The increasing RD
capabilities are broadening the application areas
of sensor patch in different industries such as
fitness and sports and healthcare.
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Browse gtgt 64 market data
tables 40 figures
142 Pages and in-depth TOC on Sensor
Patch Market - Global Forecast to 2023 Early
buyers will receive 10 customization on this
report. This is a Premium Report Priced at
Single user US 5650 Corporate User
US8150 This study answers several questions for
the stakeholders, primarily which market segments
to focus on in the next two to five years to
prioritize efforts and investments.
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Key players - The Sensor Patch Market is
dominated by

• Abbott Laboratories (US)
• iRhythm Technologies (US)
• DexCom (US), Medtronic (Ireland)
• Texas Instruments (US)
• MC 10 (US)
• NanoSonic (US)

• Leaf Healthcare (US)
• Kenzen (US)
• X2 Biosystems (US)
• Raiing Medical Company (China)
• Sensium Healthcare (UK)
• Feeligreen (France)
• Nemaura Medical  (UK)
• Isansys Lifecare (UK)

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