Sensor Patch Market by Product, Application, End-User Industry, and Geography - Global Forecast to 2023 - Research and Markets

The "Sensor Patch Market - Global Forecast to 2023" report has been added to Research and Markets' offering.

The sensor patch market has entered the growth phase and is expected to grow further in the coming years. The market is expected to be worth USD 562.1 million by 2023, at a CAGR of 47.03% between 2017 and 2023. The drivers for this market are 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. The main restraint for this market is Health Insurance Portability and Accountability Act (HIPAA) compliances.

The ECG sensor patch market is expected to grow at the highest CAGR during the forecast period. One of the major reasons why ECG sensor patch would drive the market is the rising consumer awareness for wearable devices primarily for fitness applications. Flexible, lightweight, and connected sensor patches offer convenience to sports players and athletes. Sports players and athletes can manage to intensify their performance. Individuals can reach their personal fitness goals by tracking heart rate to maintain the right intensity of work out by using sensor patch. Moreover, the healthcare industry is expected to drive the use of ECG sensor patch owing to its wireless connectivity that would drive the convenience to patients during sleep, personal hygiene, or medical care.

Companies Mentioned

• Abbott Laboratories (US)
• Dexcom Inc. (US)
• Feeligreen SA (France)
• Frontier Smart Technologies Group Ltd. (UK)
• G-Tech Medical Inc. (US)
• Gentag Inc. (US)
• HIVOX BIOTEK INC. (Taiwan)
• Hocoma AG (Switzerland)
• iRhythm Technologies Inc. (US)
• Isansys Lifecare Ltd. (UK)
• Kenzen Inc. (US)
• Leaf Healthcare Inc. (US)
• MC10 Inc. (US)
• Medtronic plc (Ireland)
• MTG Co. Ltd. (Japan)
• NanoSonic Inc. (US)
• Nemaura Medical Inc. (UK)
• Preventice Solutions Inc. (US)
• Proteus Digital Health Inc. (US)
• Raiing Medical Company (China)
• Sensium Healthcare Ltd. (UK)
• SMARTRAC N.V. (Netherlands)
• Texas Instruments Incorporated (US)
• VitalConnect Inc. (US)
• X2 Biosystems Inc. (US)
  

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Sensor Patch Market, By Product

7 Sensor Patch Market, By Application

8 Market, By End-User Industry

9 Geographic Analysis

10 Competitive Landscape

11 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/bvj7jr/sensor_patch

View source version on businesswire.com: http://www.businesswire.com/news/home/20170818005149/en/