Sensor Patch Market by Wearable Type (Bodywear, Neckwear, Footwear, Wristwear), Product Type (Temperature, Blood Glucose, Blood Pressure, Heart Rate, ECG, Blood Oxygen, and Others), Application, End-use Industry and Region - Global Forecast to 2030

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USD 23.91 BN
MARKET SIZE, 2030
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CAGR 30.5%
(2025-2030)
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270
REPORT PAGES
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280
MARKET TABLES

OVERVIEW

Sensor Patch Market Overview

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The sensor patch market is projected to grow from USD 6.32 billion in 2025 to USD 23.91 billion by 2030, at a CAGR of 30.5%. Glucose monitoring devices are gaining traction due to the increasing incidence and prevalence of lifestyle diseases, e.g., diabetes, that require regular monitoring. Moreover, the proven efficacy of such testing kits has resulted in their growing adoption by doctors. The glucose monitoring sensor patch industry is expected to witness high growth owing to the increasing number of people suffering from diabetes.

KEY TAKEAWAYS

  • BY WEARABLE TYPE
    The sensor patch market comprises wristwear, neckwear, footwear, and bodywear. The market for neckwear sensor patches is growing rapidly due to the increasing use of these patches to provide vital medical information to users for immediate emergency help.
  • BY PRODUCT TYPE
    The sensor patch market has been segmented based on product type 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 increase in diabetic patients worldwide and the need for regular monitoring are driving the blood glucose sensor patch market. Thus, the blood glucose sensor patch segment holds the largest market share.
  • BY APPLICATION
    The sensor patch market has been segmented based on application into diagnostics, monitoring, and medical therapeutics. Sensor patches can increase the efficacy of healthcare analytics by acquiring accurate data regularly. The accuracy of sensor patches in blood pressure and glucose monitoring applications will drive the market.
  • BY END-USE INDUSTRY
    The sensor patch market has been segmented based on the end-use industry into healthcare, fitness, and sports. Innovations in sensor patches have given rise to diverse applications for monitoring and diagnosing purposes in these industries. The increasing healthcare expenditure from the public and government sectors and rising consumer awareness for wearable devices are driving the sensor patch market in these industries.
  • BY REGION
    Asia Pacific is expected to record the highest CAGR of 32.7%, fueled by the adoption of PoC devices to address lifestyle diseases and enhance people's general health, which has led to the increased use of sensor patches.
  • COMPETITIVE LANDSCAPE
    The major market players have adopted organic and inorganic strategies, including partnerships and investments. For instance, Abbott Laboratories announced partnership with Medtronic to collaborate on an integrated continuous glucose monitoring (CGM) system based on Abbott's FreeStyle Libre technology that will connect with Medtronic's automated insulin delivery (AID) and smart insulin pen systems.

The sensor patch market is attributed to the increasing use of sensor patches to monitor glucose levels in individuals with diabetes, the increasing elderly population, and the increased adoption of wireless mobile healthcare systems. Additionally, the growing adoption of telehealth is boosting market growth. This is attributed to the increasing use of sensor patches to monitor glucose levels in individuals with diabetes, the elderly population, and the increased adoption of wireless mobile healthcare systems. Additionally, the growing adoption of telehealth is boosting market growth. Wearable sensor patches find increasing opportunities for continuously monitoring patients' vital signs, premature infants, children, athletes, or fitness buffs, and individuals in remote areas far from medical and health services.

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

The disruptions and emerging trends impacting customers' businesses in the sensor patch market include increasing demand for remote monitoring, point of care, and telehealth across various industries.

Sensor Patch Market

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET DYNAMICS

Drivers
Impact
Level
  • Rising demand for portable medical devices and wearable sensors
  • Increasing elderly population
RESTRAINTS
Impact
Level
  • Regulatory issues
OPPORTUNITIES
Impact
Level
  • Growing adoption of telehealth
  • High-growth opportunities in wearable device market
CHALLENGES
Impact
Level
  • Issues related to data security due to connected medical devices
  • Design complexities and thermal considerations

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Driver: Increasing use of sensor patch to monitor glucose levels in individuals with diabetes

Glucose sensor patches are generally used to detect glucose concentrations in individuals with diabetes. Glucose monitoring devices are gaining traction due to the increasing incidence and prevalence of lifestyle diseases, e.g., diabetes, which require regular monitoring. Moreover, the proven efficacy of such testing kits has resulted in their growing adoption by doctors. The glucose monitoring sensor patch market is expected to witness high growth owing to the increasing number of people suffering from diabetes.

Restraint: Regulatory issues

Sensor or wearable patches are designed to capture and transmit personal data for analysis or sharing purposes. These new technologies are operating in a regulatory and policy grey area. As everything from patches to wearable devices becomes connected to the internet, these gadgets become vulnerable to malware and other security and privacy issues. As the sensors in wearable electronics rapidly evolve and policy issues emerge, consumers will look for the government to establish roles and responsibilities related to privacy, security, data ownership, and consent. Regulatory compliance remains a significant barrier to the widespread adoption of sensor patches, particularly in healthcare applications where these devices must meet stringent medical device approval standards set by bodies such as the US FDA, the European Medicines Agency (EMA), and other regional regulatory authorities.

Opportunity: Growing adoption of telehealth

Telehealth is an emerging concept in the healthcare sector that can change the current care format and allow cost-effectively access to improved health outcomes. Telehealth is a provision and distribution of healthcare remotely using telecommunication technology. Under telehealth, remote patients can obtain clinical services more easily, and hospitals can provide emergency and intensive care services remotely. With the inclusion of more health monitoring wearables, the healthcare industry is moving toward telehealth. These devices can transmit health-related data from patients to doctors and vice versa. Moreover, the massive volume of data generated through telehealth will help achieve better healthcare and scientific research outcomes. Therefore, sensor patches, being inexpensive, flexible, and user-friendly, are expected to make a valuable contribution to telehealth.

Challenge: Issues related to data security due to connected medical devices

The wearable technology ecosystem is a data-driven concept. In wearable technology, a massive chunk of data is generated from wearable-enabled devices, sensors, and patches. With this technology's growing use, the data intrusion rate is also increasing rapidly. Wearable technology platforms are newly developed, and security standards are lacking. Data security and privacy have become significant areas of concern for patients and medical service providers owing to the increasing global adoption of sensor patches. The vulnerability of connected medical devices in terms of personal information leakages is a challenge for the growth of the sensor patch market.

Sensor Patch Marke: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
Glucose monitoring, cardiac markers, infectious diseases Lingo’s coaching program helps people see the connections between their food choices and glucose data and create healthier habits over time.
Clinical diagnostics, glucose monitoring, temperature monitoring The CGM system measures glucose levels and sends data wirelessly to a display device through a transmitter.
Heart rate monitoring, glucose monitoring, temperature monitoring Early indicators of patient decline, tubeless, wearable and fully disposable insulin delivery device.
Temperature monitoring and ECG sensor These ECG sensors are ideal for medical, health and fitness, and industrial sectors, where instantaneous measurements are required and a battery is not feasible or desired.
Heart rate and ECG monitoring This product is perfect for continuously monitoring ECG remotely for up to 14 days.

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET ECOSYSTEM

The overall sensor patches ecosystem consists of component & raw material suppliers, OEMs & System Integrators, technology providers, suppliers & distributors, and end users. A few companies involved in the ecosystem are Medtronic (US), Abbott Laboratories. (US), and DexCom, Inc. (US), among others.

Sensor Patch Market Ecosystem

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET SEGMENTS

Sensor Patch Market Segments

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Sensor Patch Market, by Product Type

The blood glucose segment is expected to hold the largest share of the sensor patch market by 2030. Blood glucose sensor patches are used to measure glucose concentration in blood or sweat. These patches are designed for diabetic patients, runners, cyclists, athletes, and players to keep track of their blood glucose levels. Diabetic patients who use insulin monitor the glucose level in their blood to determine the requirement of the next insulin dose. Some major manufacturers of blood glucose monitors and sensors include Medtronic (US), Abbott Laboratories (US), and DexCom, Inc. (US).

Sensor Patch Market, by Wearable Type

The bodywear segment is expected to hold the largest share of the sensor patch market by 2030. Bodywear includes armwear, chest patches, and sensor-based contact lenses. Armwear patches are used for various healthcare applications, such as measuring and monitoring blood pressure, body temperature, and heart rate. These devices can be connected to iOS or Android phones via Bluetooth. Chest straps are worn on the chest and are used to monitor the heart rate while running. Athletes and fitness conscious people use these devices.

Sensor Patch Market, by Application

The monitoring segment is expected to capture the largest market share throughout the forecast period. Recent advancements in telecommunications, microelectronics, sensor manufacturing, and data analysis techniques have opened new possibilities for using wearable technology in the digital health ecosystem to achieve various health outcomes. In the past, the large size of sensors and front-end electronics made it difficult to use them in wearable devices to gather physiological and movement data. With miniature circuits, microcontroller functions, front-end amplification, and wireless data transmission, wearable sensor patches can be deployed in digital health monitoring systems.

Sensor Patch Market, by End-use Industry

The fitness and sport segment is likely to record the highest CAGR from 2025 to 2030. The growing demand for sensor patches in sports is attributed to the advances brought by these patches in terms of improved monitoring and tracking. Sensor patches transform how athletes train, perform, and recover from injuries. The increasing average life expectancy of the population worldwide would further drive the growth of the sensor patch market in the fitness and sports industry.

REGION

Asia Pacific to be fastest-growing market for sensor patches during forecast period

The Asia Pacific region is projected to record the highest CAGR in the sensor patch market during the forecast period. Asia Pacific is expected to be among the key markets for sensor patch applications in the future due to its high population density. Other significant factors contributing to the growth of the sensor patch market in Asia Pacific include the development of healthcare systems and the increasing number of lifestyle diseases in the region. The sensor patch market in Asia Pacific amalgamates a few leading markets, such as China, Japan, and India.

Sensor Patch Market Region

Sensor Patch Marke: COMPANY EVALUATION MATRIX

In the sensor patch market matrix, Abbott Laboratories (Star) leads with a strong market presence and an extensive product portfolio, enabling widespread adoption across the healthcare and fitness and sports industry. Koninklijke Philips NV (Emerging Leader) is steadily gaining traction with its innovative sensor patch-focused healthcare industry. While Abbott Laboratories dominates through scale and an established customer base, Koninklijke Philips NV demonstrates solid growth potential to advance toward the leaders' quadrant.

Sensor Patch Market Evaluation Matrics

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET SCOPE

REPORT METRIC DETAILS
Market Size in 2024 (Value) USD 4.59 Billion
Market Forecast in 2030 (Value) USD 23.91 Billion
Growth Rate CAGR of 30.5% from 2025 to 2030
Years Considered 2021–2030
Base Year 2024
Forecast Period 2025–2030
Units Considered Value (USD Million/Billion) and Volume (Thousand/Million Units)
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Segments Covered
  • 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
  • By Wearable Type:
    • Wristwear
    • Footwear
    • Neckwear
    • and Bodywear
  • By Application:
    • Monitoring
    • Diagnostics
    • and Medical Therapeutics
  • By End Use:
    • Healthcare and Fitness and Sports
Regions Covered North America, Europe, Asia Pacific, Middle East, Latin America, and Africa

WHAT IS IN IT FOR YOU: Sensor Patch Marke REPORT CONTENT GUIDE

Sensor Patch Market Content Guide

DELIVERED CUSTOMIZATIONS

We have successfully delivered the following deep-dive customizations:

CLIENT REQUEST CUSTOMIZATION DELIVERED VALUE ADDS
Asia Pacific Sports Tech Startup Competitive landscape of fitness and sports-performance patches (sweat, hydration, lactate monitoring) Expanded roadmap into sports & lifestyle markets

RECENT DEVELOPMENTS

  • May 2025 : iRhythm Technologies, Inc. announced the commercial launch of its Zio long-term continuous ECG monitoring (LTCM) system in Japan, commercially introduced in this market as the Zio ECG Recording and Analysis System.
  • December 2024 : Dexcom, Inc. launched a proprietary Generative AI (GenAI) platform, making Dexcom the first CGM manufacturer to integrate GenAI into glucose biosensing technology. The new Dexcom GenAI platform will analyze individual health data patterns to reveal a direct association between lifestyle choices and glucose levels while providing actionable insights to help improve metabolic health.
  • August 2024 : Abbott Laboratories partnered with Medtronic to collaborate on an integrated continuous glucose monitoring (CGM) system based on Abbott's FreeStyle Libre technology that will connect with Medtronic's automated insulin delivery (AID) and smart insulin pen systems. Integrating Abbott's CGM sensor with Medtronic's AID algorithms will enable automatic insulin adjustments to keep glucose in range.
  • February 2024 : iRhythm Technologies, Inc. partnered with Epic Systems Corporation to use Epic's Aura platform to streamline access to iRhythm's Zio long-term continuous monitoring and ambulatory mobile cardiac telemetry services through improved operational efficiency for clinicians.
  • May 2023 : Medtronic entered into a set of definitive agreements to acquire EOFlow Co. Ltd, manufacturer of the EOPatch device—a tubeless, wearable, and fully disposable insulin delivery device. The addition of EOFlow, together with Medtronic's Meal Detection Technology algorithm and next-generation continuous glucose monitor (CGM), is expected to expand the company's ability to address the needs of more individuals with diabetes.

 

Table of Contents

Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.

TITLE
PAGE NO
1
INTRODUCTION
 
 
 
22
2
RESEARCH METHODOLOGY
 
 
 
27
3
EXECUTIVE SUMMARY
 
 
 
37
4
PREMIUM INSIGHTS
 
 
 
41
5
MARKET OVERVIEW
Booming demand for wearable sensors driven by telehealth adoption and elderly care needs.
 
 
 
43
 
5.1
INTRODUCTION
 
 
 
 
5.2
MARKET DYNAMICS
 
 
 
 
 
5.2.1
DRIVERS
 
 
 
 
 
5.2.1.1
Rising demand for portable medical devices and wearable sensors
 
 
 
 
5.2.1.2
Increasing elderly population
 
 
 
 
5.2.1.3
Increasing use of sensor patches to monitor glucose levels in individuals with diabetes
 
 
 
5.2.2
RESTRAINTS
 
 
 
 
 
5.2.2.1
Regulatory issues
 
 
 
5.2.3
OPPORTUNITIES
 
 
 
 
 
5.2.3.1
Growing adoption of telehealth
 
 
 
 
5.2.3.2
High-growth opportunities in wearable device market
 
 
 
5.2.4
CHALLENGES
 
 
 
 
 
5.2.4.1
Issues related to data security due to connected medical devices
 
 
 
 
5.2.4.2
Design complexities and thermal considerations
 
 
5.3
VALUE CHAIN ANALYSIS
 
 
 
 
 
5.4
ECOSYSTEM ANALYSIS
 
 
 
 
 
5.5
TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
5.6
PRICING ANALYSIS
 
 
 
 
 
 
5.6.1
AVERAGE SELLING PRICE TREND OF SENSOR PATCHES, BY APPLICATION (USD)
 
 
 
 
5.6.2
AVERAGE SELLING PRICE OF MONITORING & DIAGNOSTICS SENSOR PATCH OFFERED BY THREE KEY PLAYERS (USD)
 
 
 
 
5.6.3
INDICATIVE SELLING PRICE TREND OF SENSOR PATCHES, BY REGION, 2021–2024
 
 
 
5.7
TECHNOLOGY ANALYSIS
 
 
 
 
 
5.7.1
KEY TECHNOLOGIES
 
 
 
 
 
5.7.1.1
Multiplexed sensor patches
 
 
 
 
5.7.1.2
AI-integrated sensor patch platforms
 
 
 
5.7.2
COMPLEMENTARY TECHNOLOGIES
 
 
 
 
 
5.7.2.1
Cloud-based data analytics platforms
 
 
 
 
5.7.2.2
Nanotechnology in sensing
 
 
 
5.7.3
ADJACENT TECHNOLOGIES
 
 
 
 
 
5.7.3.1
Drug delivery systems
 
 
5.8
CASE STUDY ANALYSIS
 
 
 
 
 
5.8.1
COVESTRO COLLABORATES WITH MEDTECH COMPANIES TO DEVELOP SENSOR-BASED WEARABLE PATCHES TO MONITOR VITAL SIGNS
 
 
 
 
5.8.2
MEDHERANT COLLABORATES WITH BAYER TO LEVERAGE TEPI PATCH TECHNOLOGY FOR IMPROVED DRUG DELIVERY
 
 
 
 
5.8.3
DEXCOM PARTNERS WITH QUALCOMM TO ENABLE SEAMLESS DATA TRANSMISSION FROM PATIENTS’ HOMES
 
 
 
5.9
INVESTMENT AND FUNDING SCENARIO
 
 
 
 
5.10
IMPACT OF GEN AI/AI ON SENSOR PATCH MARKET
 
 
 
 
 
5.11
PATENT ANALYSIS
 
 
 
 
 
5.12
TRADE ANALYSIS
 
 
 
 
 
5.13
KEY STAKEHOLDERS AND BUYING CRITERIA
 
 
 
 
 
 
5.13.1
KEY STAKEHOLDERS IN BUYING PROCESS
 
 
 
 
5.13.2
BUYING CRITERIA
 
 
 
5.14
PORTER’S FIVE FORCES ANALYSIS
 
 
 
 
 
5.14.1
INTENSITY OF COMPETITIVE RIVALRY
 
 
 
 
5.14.2
THREAT OF SUBSTITUTES
 
 
 
 
5.14.3
BARGAINING POWER OF BUYERS
 
 
 
 
5.14.4
BARGAINING POWER OF SUPPLIERS
 
 
 
 
5.14.5
THREAT OF NEW ENTRANTS
 
 
 
5.15
KEY CONFERENCES AND EVENTS, 2025–2026
 
 
 
 
5.16
REGULATORY LANDSCAPE AND STANDARDS
 
 
 
 
 
5.16.1
REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
5.16.2
STANDARDS
 
 
 
5.17
2025 US TARIFF IMPACT ON SENSOR PATCH MARKET
 
 
 
 
 
 
5.17.1
INTRODUCTION
 
 
 
 
5.17.2
KEY TARIFF RATES
 
 
 
 
5.17.3
PRICE IMPACT ANALYSIS
 
 
 
 
5.17.4
IMPACT ON COUNTRY/REGION
 
 
 
 
 
5.17.4.1
US
 
 
 
5.17.5
EUROPE
 
 
 
 
5.17.6
ASIA PACIFIC
 
 
 
 
5.17.7
IMPACT ON APPLICATION
 
 
 
 
 
5.17.7.1
Healthcare
 
 
 
 
5.17.7.2
Fitness & sports
 
6
SENSOR PATCH MARKET, BY TECHNOLOGY
Market Size & Growth Rate Forecast Analysis
 
 
 
77
 
6.1
INTRODUCTION
 
 
 
 
6.2
AMPEROMETRIC
 
 
 
 
 
6.2.1
AMPEROMETRIC TECHNIQUE-BASED SENSOR PATCH SOLUTIONS: COST-EFFECTIVE AND EASY TO MASS-PRODUCE
 
 
 
6.3
CONDUCTOMETRIC
 
 
 
 
 
6.3.1
CONDUCTOMETRIC TECHNIQUE-BASED SOLUTIONS: SUITABLE FOR BLOOD GLUCOSE MONITORING DEVICES
 
 
 
6.4
POTENTIOMETRIC
 
 
 
 
 
6.4.1
POTENTIOMETRIC-BASED SENSOR PATCHES: MAINLY USED TO MONITOR TOTAL ION CONTENT IN PERSPIRATION
 
 
7
SENSOR PATCH MARKET, BY WEARABLE TYPE
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 2 Data Tables
 
 
 
78
 
7.1
INTRODUCTION
 
 
 
 
7.2
WRISTWEAR
 
 
 
 
 
7.2.1
HIGH DEMAND FOR MEDICAL AND FITNESS PURPOSES – KEY DRIVERS
 
 
 
7.3
FOOTWEAR
 
 
 
 
 
7.3.1
USE IN TRACKING POSITION FOR FITNESS AND MEDICAL PURPOSES TO BOOST MARKET
 
 
 
7.4
NECKWEAR
 
 
 
 
 
7.4.1
USE IN DIAGNOSIS AND TREATMENT OF APHASIA TO BOOST MARKET
 
 
 
7.5
BODYWEAR
 
 
 
 
 
7.5.1
CAN BE USED FOR VARIOUS HEALTHCARE AND FITNESS APPLICATIONS TO BOOST MARKET
 
 
8
SENSOR PATCH MARKET, BY PRODUCT TYPE
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million and Units | 60 Data Tables
 
 
 
82
 
8.1
INTRODUCTION
 
 
 
 
8.2
TEMPERATURE SENSOR PATCHES
 
 
 
 
 
8.2.1
ADOPTION FOR PATIENT MONITORING AND DIAGNOSTICS PROPELS MARKET GROWTH
 
 
 
8.3
BLOOD GLUCOSE SENSOR PATCHES
 
 
 
 
 
8.3.1
NEED FOR SELF-MONITORING OF GLUCOSE LEVELS TO FUEL DEMAND
 
 
 
8.4
BLOOD PRESSURE/FLOW SENSOR PATCHES
 
 
 
 
 
8.4.1
INCREASING NEED FOR BLOOD PRESSURE MONITORING IN HOSPITALS TO BOOST MARKET
 
 
 
8.5
HEART RATE SENSOR PATCHES
 
 
 
 
 
8.5.1
GROWING INCIDENCES OF HEART-RELATED DISEASES PROPEL DEMAND
 
 
 
8.6
ECG SENSOR PATCHES
 
 
 
 
 
8.6.1
INCREASING DEMAND FOR ECG SENSOR PATCHES FOR QUICK DIAGNOSIS TO BOOST MARKET GROWTH
 
 
 
8.7
BLOOD OXYGEN SENSOR PATCHES
 
 
 
 
 
8.7.1
BLOOD OXYGEN SENSORS FOR ANESTHESIA MONITORING APPLICATION TO WITNESS STEADY GROWTH
 
 
 
8.8
OTHERS
 
 
 
 
 
8.8.1
NEED TO MONITOR STRESS AND ANXIETY SYMPTOMS OF PATIENTS TO BOOST MARKET
 
 
9
SENSOR PATCH MARKET, BY APPLICATION
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 8 Data Tables
 
 
 
105
 
9.1
INTRODUCTION
 
 
 
 
9.2
MONITORING
 
 
 
 
 
9.2.1
RISING ADOPTION OF PORTABLE PATIENT MONITORING DEVICES TO PROPEL MARKET GROWTH
 
 
 
9.3
DIAGNOSTICS
 
 
 
 
 
9.3.1
INCREASING DEMAND FOR IMPROVED DIAGNOSIS TO LEAD TO GROWTH OF MARKET
 
 
 
9.4
MEDICAL THERAPEUTICS
 
 
 
 
 
9.4.1
USE FOR INSULIN DELIVERY TO BOOST MARKET
 
 
10
SENSOR PATCH MARKET, BY END-USE INDUSTRY
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 12 Data Tables
 
 
 
111
 
10.1
INTRODUCTION
 
 
 
 
10.2
HEALTHCARE
 
 
 
 
 
10.2.1
HOSPITALS & CLINICS
 
 
 
 
 
10.2.1.1
Large patient volume and high demand from hospitals to propel adoption
 
 
 
10.2.2
HOME CARE
 
 
 
 
 
10.2.2.1
Growing geriatric population and increasing number of diabetic patients to drive adoption in home care settings
 
 
 
10.2.3
DIAGNOSTIC LABORATORIES
 
 
 
 
 
10.2.3.1
Growing volume of clinic data and rising need to modernize imaging workflows to drive segment
 
 
10.3
FITNESS & SPORTS
 
 
 
 
 
10.3.1
GROWING AWARENESS OF HEALTH AND FITNESS BOOSTS DEMAND FOR SENSOR PATCHES
 
 
11
SENSOR PATCH MARKET, BY REGION
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 70 Data Tables
 
 
 
118
 
11.1
INTRODUCTION
 
 
 
 
11.2
NORTH AMERICA
 
 
 
 
 
11.2.1
US
 
 
 
 
 
11.2.1.1
Presence of key players that offer sensor patch-based PoC applications to boost market growth
 
 
 
11.2.2
CANADA
 
 
 
 
 
11.2.2.1
Increasing government support likely to escalate growth of market
 
 
 
11.2.3
MEXICO
 
 
 
 
 
11.2.3.1
Use to detect cardiovascular disorders propels market growth
 
 
11.3
EUROPE
 
 
 
 
 
11.3.1
GERMANY
 
 
 
 
 
11.3.1.1
Monitoring of chronic diseases to accelerate sensor patch market growth
 
 
 
11.3.2
FRANCE
 
 
 
 
 
11.3.2.1
Technological advancements in healthcare systems to drive growth
 
 
 
11.3.3
UK
 
 
 
 
 
11.3.3.1
Rising cardiac diseases and aging population to drive market growth
 
 
 
11.3.4
ITALY
 
 
 
 
 
11.3.4.1
Growing private sector to result in increasing demand for sensor patch
 
 
 
11.3.5
REST OF EUROPE
 
 
 
11.4
ASIA PACIFIC
 
 
 
 
 
11.4.1
CHINA
 
 
 
 
 
11.4.1.1
Government initiatives for better healthcare products and services likely to propel market growth
 
 
 
11.4.2
JAPAN
 
 
 
 
 
11.4.2.1
Improved standard of living, rise in health awareness, and surge in aging population - key market drivers
 
 
 
11.4.3
SOUTH KOREA
 
 
 
 
 
11.4.3.1
Improving health infrastructure drives market
 
 
 
11.4.4
INDIA
 
 
 
 
 
11.4.4.1
Growing population accelerates demand for sensor patches for healthcare services
 
 
 
11.4.5
REST OF ASIA PACIFIC
 
 
 
11.5
ROW
 
 
 
 
 
11.5.1
SOUTH AMERICA
 
 
 
 
 
11.5.1.1
Emerging economies present significant opportunities for market growth
 
 
 
11.5.2
MIDDLE EAST
 
 
 
 
 
11.5.2.1
Significant government and financial support for adoption of POC testing kits to drive market
 
 
 
 
11.5.2.2
GCC
 
 
 
 
11.5.2.3
Rest of Middle East
 
 
 
11.5.3
AFRICA
 
 
 
 
 
11.5.3.1
Increasing penetration in medical devices to boost market
 
12
COMPETITIVE LANDSCAPE
Uncover market leaders' strategies and financials shaping the sensor patch competitive landscape.
 
 
 
147
 
12.1
OVERVIEW
 
 
 
 
12.2
STRATEGIES ADOPTED BY KEY PLAYERS, JANUARY 2021–AUGUST 2025
 
 
 
 
12.3
MARKET SHARE ANALYSIS, 2024
 
 
 
 
 
12.4
REVENUE ANALYSIS, 2022–2024
 
 
 
 
 
12.5
COMPANY VALUATION AND FINANCIAL METRICS
 
 
 
 
12.6
BRAND COMPARISON
 
 
 
 
 
12.7
COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
 
 
 
 
 
 
12.7.1
STARS
 
 
 
 
12.7.2
EMERGING LEADERS
 
 
 
 
12.7.3
PERVASIVE PLAYERS
 
 
 
 
12.7.4
PARTICIPANTS
 
 
 
 
12.7.5
COMPANY FOOTPRINT: KEY PLAYERS, 2024
 
 
 
 
 
12.7.5.1
Company footprint
 
 
 
 
12.7.5.2
Region footprint
 
 
 
 
12.7.5.3
Product footprint
 
 
 
 
12.7.5.4
Type footprint
 
 
 
 
12.7.5.5
End-use industry footprint
 
 
12.8
COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
 
 
 
 
 
 
12.8.1
PROGRESSIVE COMPANIES
 
 
 
 
12.8.2
RESPONSIVE COMPANIES
 
 
 
 
12.8.3
DYNAMIC COMPANIES
 
 
 
 
12.8.4
STARTING BLOCKS
 
 
 
 
12.8.5
COMPETITIVE BENCHMARKING
 
 
 
 
 
12.8.5.1
Sensor patch market: Detailed list of startups/SMEs
 
 
 
 
12.8.5.2
Sensor patch market: Competitive benchmarking of key startups/SMEs
 
 
12.9
COMPETITIVE SCENARIO AND TRENDS
 
 
 
 
 
12.9.1
PRODUCT LAUNCHES
 
 
 
 
12.9.2
DEALS
 
 
13
COMPANY PROFILES
In-depth Company Profiles of Leading Market Players with detailed Business Overview, Product and Service Portfolio, Recent Developments, and Unique Analyst Perspective (MnM View)
 
 
 
167
 
13.1
KEY PLAYERS
 
 
 
 
 
13.1.1
ABBOTT LABORATORIES
 
 
 
 
 
13.1.1.1
Business overview
 
 
 
 
13.1.1.2
Products/Solutions/Services offered
 
 
 
 
13.1.1.3
Recent developments
 
 
 
 
13.1.1.4
MnM view
 
 
 
13.1.2
MEDTRONIC
 
 
 
 
13.1.3
DEXCOM, INC.
 
 
 
 
13.1.4
IRHYTHM INC.
 
 
 
 
13.1.5
TEXAS INSTRUMENTS INCORPORATED
 
 
 
 
13.1.6
MASIMO
 
 
 
 
13.1.7
GENTAG, INC.
 
 
 
 
13.1.8
KONINKLIJKE PHILIPS N.V.
 
 
 
 
13.1.9
SENSEONICS, INC.
 
 
 
 
13.1.10
BOSTON SCIENTIFIC CORPORATION
 
 
 
13.2
OTHER PLAYERS
 
 
 
 
 
13.2.1
LIFESIGNALS
 
 
 
 
13.2.2
VITALCONNECT
 
 
 
 
13.2.3
BIOLINQ INCORPORATED
 
 
 
 
13.2.4
NANOSONIC, INC.
 
 
 
 
13.2.5
GTECH MEDICAL
 
 
 
 
13.2.6
SMARTCARDIA INC.
 
 
 
 
13.2.7
VIVALNK, INC.
 
 
 
 
13.2.8
EPICORE BIOSYSTEMS, INC.
 
 
 
 
13.2.9
VPATCH CARDIO PTY LTD
 
 
 
 
13.2.10
WEAROPTIMO
 
 
 
 
13.2.11
MAKANISCIENCE.NET
 
 
 
 
13.2.12
LIEF THERAPEUTICS
 
 
 
 
13.2.13
COVESTRO AG
 
 
 
 
13.2.14
BIOINTELLISENSE, INC.
 
 
 
 
13.2.15
THERANICA BIO-ELECTRONICS LTD.
 
 
14
APPENDIX
 
 
 
206
 
14.1
DISCUSSION GUIDE
 
 
 
 
14.2
KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
 
 
 
 
14.3
CUSTOMIZATION OPTIONS
 
 
 
 
14.4
RELATED REPORTS
 
 
 
 
14.5
AUTHOR DETAILS
 
 
 
LIST OF TABLES
 
 
 
 
 
TABLE 1
SENSOR PATCH MARKET: RESEARCH ASSUMPTIONS
 
 
 
 
TABLE 2
COMPANIES AND THEIR ROLE IN SENSOR PATCH ECOSYSTEM
 
 
 
 
TABLE 3
AVERAGE SELLING PRICE TREND OF SENSOR PATCHES, BY APPLICATION (USD)
 
 
 
 
TABLE 4
INDICATIVE SELLING PRICE TREND OF GLUCOSE MONITORING SYSTEMS, BY REGION, 2021–2024 (USD)
 
 
 
 
TABLE 5
SENSOR PATCH MARKET: MAJOR PATENTS
 
 
 
 
TABLE 6
IMPORT DATA FOR HS CODE 901890-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)
 
 
 
 
TABLE 7
EXPORT DATA FOR HS CODE 901890-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)
 
 
 
 
TABLE 8
SENSOR PATCH MARKET: INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR APPLICATION (%)
 
 
 
 
TABLE 9
SENSOR PATCH MARKET: KEY BUYING CRITERIA FOR APPLICATIONS
 
 
 
 
TABLE 10
SENSOR PATCH MARKET: PORTER’S FIVE FORCES ANALYSIS
 
 
 
 
TABLE 11
SENSOR PATCH MARKET: KEY CONFERENCES AND EVENTS, 2025–2026
 
 
 
 
TABLE 12
NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 13
EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 14
ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 15
ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 16
NORTH AMERICA: SAFETY STANDARDS FOR SENSOR PATCHES
 
 
 
 
TABLE 17
EUROPE: SAFETY STANDARDS FOR SENSOR PATCHES
 
 
 
 
TABLE 18
ASIA PACIFIC: SAFETY STANDARDS FOR SENSOR PATCHES
 
 
 
 
TABLE 19
ROW: SAFETY STANDARDS FOR SENSOR PATCHES
 
 
 
 
TABLE 20
US-ADJUSTED RECIPROCAL TARIFF RATES
 
 
 
 
TABLE 21
SENSOR PATCH MARKET, BY WEARABLE TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 22
SENSOR PATCH MARKET, BY WEARABLE TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 23
SENSOR PATCH MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 24
SENSOR PATCH MARKET, BY PRODUCT TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 25
SENSOR PATCH MARKET, BY PRODUCT TYPE, 2021–2024 (MILLION UNITS)
 
 
 
 
TABLE 26
SENSOR PATCH MARKET, BY PRODUCT TYPE, 2025–2030 (MILLION UNITS)
 
 
 
 
TABLE 27
TEMPERATURE SENSOR PATCH MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 28
TEMPERATURE SENSOR PATCH MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 29
NORTH AMERICA: TEMPERATURE SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 30
NORTH AMERICA: TEMPERATURE SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 31
EUROPE: TEMPERATURE SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 32
EUROPE: TEMPERATURE SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 33
ASIA PACIFIC: TEMPERATURE SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 34
ASIA PACIFIC: TEMPERATURE SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 35
BLOOD GLUCOSE SENSOR PATCH MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 36
BLOOD GLUCOSE SENSOR PATCH MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 37
NORTH AMERICA: BLOOD GLUCOSE SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 38
NORTH AMERICA: BLOOD GLUCOSE SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 39
EUROPE: BLOOD GLUCOSE SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 40
EUROPE: BLOOD GLUCOSE SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 41
ASIA PACIFIC: BLOOD GLUCOSE SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 42
ASIA PACIFIC: BLOOD GLUCOSE SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 43
BLOOD PRESSURE/FLOW SENSOR PATCH MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 44
BLOOD PRESSURE/FLOW SENSOR PATCH MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 45
NORTH AMERICA: BLOOD PRESSURE/FLOW SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 46
NORTH AMERICA: BLOOD PRESSURE/FLOW SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 47
EUROPE: BLOOD PRESSURE/FLOW SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 48
EUROPE: BLOOD PRESSURE/FLOW SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 49
ASIA PACIFIC: BLOOD PRESSURE/FLOW SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 50
ASIA PACIFIC: BLOOD PRESSURE/FLOW SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 51
HEART RATE SENSOR PATCH MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 52
HEART RATE SENSOR PATCH MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 53
NORTH AMERICA: HEART RATE SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 54
NORTH AMERICA: HEART RATE SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 55
EUROPE: HEART RATE SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 56
EUROPE: HEART RATE SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 57
ASIA PACIFIC: HEART RATE SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 58
ASIA PACIFIC: HEART RATE SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 59
ECG SENSOR PATCH MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 60
ECG SENSOR PATCH MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 61
NORTH AMERICA: ECG SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 62
NORTH AMERICA: ECG SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 63
EUROPE: ECG SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 64
EUROPE: ECG SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 65
ASIA PACIFIC: ECG SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 66
ASIA PACIFIC: ECG SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 67
BLOOD OXYGEN SENSOR PATCH MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 68
BLOOD OXYGEN SENSOR PATCH MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 69
NORTH AMERICA: BLOOD OXYGEN SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 70
NORTH AMERICA: BLOOD OXYGEN SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 71
EUROPE: BLOOD OXYGEN SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 72
EUROPE: BLOOD OXYGEN SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 73
ASIA PACIFIC: BLOOD OXYGEN SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 74
ASIA PACIFIC: BLOOD OXYGEN SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 75
OTHER SENSOR PATCH MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 76
OTHER SENSOR PATCH MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 77
NORTH AMERICA: OTHER SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 78
NORTH AMERICA: OTHER SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 79
EUROPE: OTHER SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 80
EUROPE: OTHER SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 81
ASIA PACIFIC: OTHER SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 82
ASIA PACIFIC: OTHER SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 83
SENSOR PATCH MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 84
SENSOR PATCH MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 85
MONITORING: SENSOR PATCH MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 86
MONITORING: SENSOR PATCH MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 87
DIAGNOSTICS: SENSOR PATCH MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 88
DIAGNOSTICS: SENSOR PATCH MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 89
MEDICAL THERAPEUTICS: SENSOR PATCH MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 90
MEDICAL THERAPEUTICS: SENSOR PATCH MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 91
SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 92
SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 93
HEALTHCARE: SENSOR PATCH MARKET, BY END USER, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 94
HEALTHCARE: SENSOR PATCH MARKET, BY END USER, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 95
HEALTHCARE: SENSOR PATCH MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 96
HEALTHCARE: SENSOR PATCH MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 97
NORTH AMERICA: HEALTHCARE SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 98
NORTH AMERICA: HEALTHCARE SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 99
FITNESS & SPORTS: SENSOR PATCH MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 100
FITNESS & SPORTS: SENSOR PATCH MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 101
NORTH AMERICA: NORTH AMERICA: FITNESS & SPORTS SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 102
NORTH AMERICA: FITNESS & SPORTS SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 103
SENSOR PATCH MARKET BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 104
SENSOR PATCH MARKET BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 105
NORTH AMERICA: SENSOR PATCH MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 106
NORTH AMERICA: SENSOR PATCH MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 107
NORTH AMERICA: SENSOR PATCH MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 108
NORTH AMERICA: SENSOR PATCH MARKET, BY PRODUCT TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 109
NORTH AMERICA: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 110
NORTH AMERICA: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 111
NORTH AMERICA: SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 112
NORTH AMERICA: SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 113
US: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 114
US: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 115
CANADA: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 116
CANADA: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 117
MEXICO: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 118
MEXICO: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 119
EUROPE: SENSOR PATCH MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 120
EUROPE: SENSOR PATCH MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 121
EUROPE: SENSOR PATCH MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 122
EUROPE: SENSOR PATCH MARKET, BY PRODUCT TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 123
EUROPE: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 124
EUROPE: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 125
EUROPE: SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 126
EUROPE: SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 127
GERMANY: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 128
GERMANY: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 129
FRANCE: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 130
FRANCE: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 131
UK: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 132
UK: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 133
ITALY: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 134
ITALY: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 135
REST OF EUROPE: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 136
REST OF EUROPE: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 137
ASIA PACIFIC: SENSOR PATCH MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 138
ASIA PACIFIC: SENSOR PATCH MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 139
ASIA PACIFIC: SENSOR PATCH MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 140
ASIA PACIFIC: SENSOR PATCH MARKET, BY PRODUCT TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 141
ASIA PACIFIC: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 142
ASIA PACIFIC: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 143
ASIA PACIFIC: SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 144
ASIA PACIFIC: SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 145
CHINA: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 146
CHINA: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 147
JAPAN: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 148
JAPAN: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 149
SOUTH KOREA: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 150
SOUTH KOREA: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 151
INDIA: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 152
INDIA: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 153
REST OF ASIA PACIFIC: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 154
REST OF ASIA PACIFIC: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 155
ROW: SENSOR PATCH MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 156
ROW: SENSOR PATCH MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 157
ROW: SENSOR PATCH MARKET, BY PRODUCT TYPE, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 158
ROW: SENSOR PATCH MARKET, BY PRODUCT TYPE, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 159
ROW: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 160
ROW: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 161
ROW: SENSOR PATCH MARKET, BY REGION, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 162
ROW: SENSOR PATCH MARKET, BY REGION, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 163
SOUTH AMERICA: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 164
SOUTH AMERICA: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 165
MIDDLE EAST: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 166
MIDDLE EAST: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 167
MIDDLE EAST: SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 168
MIDDLE EAST: SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 169
GCC: SENSOR PATCH MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 170
GCC: SENSOR PATCH MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 171
AFRICA: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2021–2024 (USD MILLION)
 
 
 
 
TABLE 172
AFRICA: SENSOR PATCH MARKET, BY END-USE INDUSTRY, 2025–2030 (USD MILLION)
 
 
 
 
TABLE 173
SENSOR PATCH MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2025
 
 
 
 
TABLE 174
SENSOR PATCH MARKET SHARE ANALYSIS, 2024
 
 
 
 
TABLE 175
SENSOR PATCH MARKET: REGION FOOTPRINT
 
 
 
 
TABLE 176
SENSOR PATCH MARKET: PRODUCT FOOTPRINT
 
 
 
 
TABLE 177
SENSOR PATCH MARKET: WEARABLE TYPE FOOTPRINT
 
 
 
 
TABLE 178
SENSOR PATCH MARKET: END-USE INDUSTRY FOOTPRINT
 
 
 
 
TABLE 179
SENSOR PATCH MARKET: KEY STARTUPS/SMES
 
 
 
 
TABLE 180
SENSOR PATCH MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
 
 
 
 
TABLE 181
SENSOR PATCH MARKET: PRODUCT LAUNCHES, JANUARY 2021–AUGUST 2025
 
 
 
 
TABLE 182
SENSOR PATCH MARKET: DEALS, JANUARY 2021–AUGUST 2025
 
 
 
 
TABLE 183
ABBOTT LABORATORIES: COMPANY OVERVIEW
 
 
 
 
TABLE 184
ABBOTT LABORATORIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 185
ABBOTT LABORATORIES: DEALS
 
 
 
 
TABLE 186
MEDTRONIC: COMPANY OVERVIEW
 
 
 
 
TABLE 187
MEDTRONIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 188
MEDTRONIC: DEALS
 
 
 
 
TABLE 189
DEXCOM, INC.: COMPANY OVERVIEW
 
 
 
 
TABLE 190
DEXCOM, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 191
DEXCOM, INC.: PRODUCT LAUNCHES
 
 
 
 
TABLE 192
IRHYTHM INC.: COMPANY OVERVIEW
 
 
 
 
TABLE 193
IRHYTHM INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 194
IRHYTHM INC.: PRODUCT LAUNCHES
 
 
 
 
TABLE 195
IRHYTHM TECHNOLOGIES, INC.: DEALS
 
 
 
 
TABLE 196
TEXAS INSTRUMENTS INCORPORATED: COMPANY OVERVIEW
 
 
 
 
TABLE 197
TEXAS INSTRUMENTS INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 198
MASIMO: COMPANY OVERVIEW
 
 
 
 
TABLE 199
MASIMO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 200
MASIMO: DEALS
 
 
 
 
TABLE 201
GENTAG, INC.: COMPANY OVERVIEW
 
 
 
 
TABLE 202
GENTAG, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 203
KONINKLIJKE PHILIPS N.V.: COMPANY OVERVIEW
 
 
 
 
TABLE 204
KONINKLIJKE PHILIPS N.V.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 205
KONINKLIJKE PHILIPS N.V.: DEALS
 
 
 
 
TABLE 206
SENSEONICS, INC.: COMPANY OVERVIEW
 
 
 
 
TABLE 207
SENSEONICS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 208
SENSEONICS, INC.: DEALS
 
 
 
 
TABLE 209
BOSTON SCIENTIFIC CORPORATION: COMPANY OVERVIEW
 
 
 
 
TABLE 210
BOSTON SCIENTIFIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
 
 
 
 
TABLE 211
BOSTON SCIENTIFIC CORPORATION: DEALS
 
 
 
 
LIST OF FIGURES
 
 
 
 
 
FIGURE 1
SENSOR PATCH MARKET SEGMENTATION
 
 
 
 
FIGURE 2
SENSOR PATCH MARKET: RESEARCH DESIGN
 
 
 
 
FIGURE 3
SENSOR PATCH MARKET: BOTTOM-UP APPROACH
 
 
 
 
FIGURE 4
SENSOR PATCH MARKET SIZE ESTIMATION METHODOLOGY
 
 
 
 
FIGURE 5
SENSOR PATCH MARKET: TOP-DOWN APPROACH
 
 
 
 
FIGURE 6
SENSOR PATCH MARKET: DATA TRIANGULATION
 
 
 
 
FIGURE 7
BLOOD GLUCOSE SENSOR PATCHES LEADS MARKET IN 2025
 
 
 
 
FIGURE 8
HEALTHCARE TO BE DOMINANT END-USE INDUSTRY OF SENSOR PATCHES IN 2025
 
 
 
 
FIGURE 9
SENSOR PATCH MARKET FOR BODYWEAR TO HOLD LARGEST SHARE IN 2030
 
 
 
 
FIGURE 10
SENSOR PATCH MARKET FOR DIAGNOSTICS TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
 
 
 
 
FIGURE 11
SENSOR PATCH MARKET IN ASIA PACIFIC TO GROW AT HIGHEST CAGR FROM 2025 TO 2030
 
 
 
 
FIGURE 12
RISING DEMAND FOR PORTABLE MEDICAL DEVICES AND WEARABLE SENSORS TO BOOST SENSOR PATCH MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 13
HOMECARE TO HOLD LARGEST SHARE OF SENSOR PATCH MARKET DURING FORECAST PERIOD
 
 
 
 
FIGURE 14
US AND NON-WEARABLE DEVICES EXPECTED TO ACCOUNT FOR MAJOR SHARE OF NORTH AMERICAN MARKET IN 2025
 
 
 
 
FIGURE 15
SENSOR PATCH MARKET IN INDIA TO GROW AT HIGHEST CAGR FROM 2025 TO 2030
 
 
 
 
FIGURE 16
SENSOR PATCH MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
 
 
 
 
FIGURE 17
SENSOR PATCH MARKET: DRIVERS AND THEIR IMPACT
 
 
 
 
FIGURE 18
SENSOR PATCH MARKET: RESTRAINTS AND THEIR IMPACT
 
 
 
 
FIGURE 19
SENSOR PATCH MARKET: OPPORTUNITIES AND THEIR IMPACT
 
 
 
 
FIGURE 20
SENSOR PATCH MARKET: CHALLENGES AND THEIR IMPACT
 
 
 
 
FIGURE 21
SENSOR PATCH MARKET: VALUE CHAIN ANALYSIS
 
 
 
 
FIGURE 22
SENSOR PATCH MARKET: ECOSYSTEM ANALYSIS
 
 
 
 
FIGURE 23
SENSOR PATCH MARKET: TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
FIGURE 24
AVERAGE SELLING PRICE OF MONITORING & DIAGNOSTICS SENSOR PATCH OFFERED BY THREE KEY PLAYERS (USD)
 
 
 
 
FIGURE 25
INDICATIVE SELLING PRICE TREND OF SENSOR PATCHES, BY REGION, 2021–2024
 
 
 
 
FIGURE 26
INVESTMENT AND FUNDING SCENARIO, 2023 TO 2025
 
 
 
 
FIGURE 27
SENSOR PATCH MARKET: PATENTS APPLIED AND GRANTED, 2014–2024
 
 
 
 
FIGURE 28
IMPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 901890, BY COUNTRY, 2020–2025 (USD THOUSAND)
 
 
 
 
FIGURE 29
EXPORT DATA FOR PRODUCTS COVERED UNDER HS CODE 901890, BY COUNTRY, 2020–2024 (USD THOUSAND)
 
 
 
 
FIGURE 30
SENSOR PATCH MARKET: INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR APPLICATIONS
 
 
 
 
FIGURE 31
SENSOR PATCH MARKET: KEY BUYING CRITERIA FOR APPLICATIONS
 
 
 
 
FIGURE 32
SENSOR PATCH MARKET: PORTER’S FIVE FORCES ANALYSIS
 
 
 
 
FIGURE 33
NECKWEAR MARKET TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
 
 
 
 
FIGURE 34
MARKET FOR HEART RATE SENSOR PATCHES EXPECTED TO GROW AT HIGHEST RATE DURING FORECAST PERIOD
 
 
 
 
FIGURE 35
MONITORING APPLICATIONS LEAD SENSOR PATCH MARKET IN 2025
 
 
 
 
FIGURE 36
SENSOR PATCH MARKET FOR HEALTHCARE TO LEAD IN 2025 AND 2030
 
 
 
 
FIGURE 37
NORTH AMERICA TO LEAD SENSOR PATCH MARKET IN 2025
 
 
 
 
FIGURE 38
SNAPSHOT: SENSOR PATCH MARKET IN NORTH AMERICA
 
 
 
 
FIGURE 39
SNAPSHOT: SENSOR PATCH MARKET IN EUROPE
 
 
 
 
FIGURE 40
SNAPSHOT: SENSOR PATCH MARKET IN ASIA PACIFIC
 
 
 
 
FIGURE 41
MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2024
 
 
 
 
FIGURE 42
REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2022–2024
 
 
 
 
FIGURE 43
COMPANY VALUATION
 
 
 
 
FIGURE 44
FINANCIAL METRICS (EV/EBITDA)
 
 
 
 
FIGURE 45
BRAND COMPARISON
 
 
 
 
FIGURE 46
SENSOR PATCH MARKET: COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
 
 
 
 
FIGURE 47
SENSOR PATCH MARKET: COMPANY FOOTPRINT
 
 
 
 
FIGURE 48
SENSOR PATCH MARKET: COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
 
 
 
 
FIGURE 49
ABBOTT LABORATORIES: COMPANY SNAPSHOT
 
 
 
 
FIGURE 50
MEDTRONIC: COMPANY SNAPSHOT
 
 
 
 
FIGURE 51
DEXCOM, INC.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 52
IRHYTHM INC.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 53
TEXAS INSTRUMENTS INCORPORATED: COMPANY SNAPSHOT
 
 
 
 
FIGURE 54
MASIMO: COMPANY SNAPSHOT
 
 
 
 
FIGURE 55
KONINKLIJKE PHILIPS N.V.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 56
SENSEONICS, INC.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 57
BOSTON SCIENTIFIC CORPORATION: COMPANY SNAPSHOT
 
 
 
 

Methodology

The study involved major activities in estimating the sensor patch market size. Exhaustive secondary research was done to collect information on sensor patches. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Different approaches, such as top-down and bottom-up, were employed to estimate the total market size. After that, the market breakup and data triangulation procedures were used to estimate the market size of the segments and subsegments of the sensor patch.

Secondary Research

In the secondary research process, various secondary sources were referred to identify and collect information relevant to this study. Secondary sources included annual reports, press releases, and investor presentations of companies; white papers, certified publications, and articles from recognized authors; directories; and databases. Secondary research was mainly carried out to obtain critical information about the industry’s supply chain, value chain, the total pool of key players, and market classification and segmentation according to industry trends, geographic markets, and key developments from both market- and technology-oriented perspectives. Secondary sources included corporate filings (such as annual reports, investor presentations, and financial statements); trade, business, and professional associations; white papers; IoT technologies journals and certified publications; articles by recognized authors; gold- and silver-standard websites; directories; and databases. Data was also collected from secondary sources, such as the Semiconductor Industry Association, Global Semiconductor Alliance, and Taiwan Semiconductor Industry Association.

Secondary research was mainly used to obtain critical information about the industry's supply chain and value chain, the total pool of key players, market classification and segmentation according to industry trends to the bottom-most level, geographic markets, and key developments from both the market and technology-oriented perspectives. Secondary data was gathered and analyzed to determine the overall market size, which was validated by primary research.

Primary Research

Extensive primary research was conducted after understanding and analyzing the current scenario of the sensor patch market through secondary research. A number of primary interviews were held with demand and supply side key opinion leaders in four key regions: North America, Europe, Asia Pacific, and Rest of the World. Nearly 25% of the primary interviews were held with the demand side and 75% with the supply side. The primary data was gathered primarily through telephonic interviews, which were 80% of the total primary interviews. Surveys and e-mails were also utilized to collect data.

Sensor Patch Market
 Size, and Share

Note: Three tiers of companies are defined based on their total revenue as of 2024; tier 1: revenue more than or equal to USD 500 million, tier 2: revenue between USD 100 million and USD 500 million, and tier 3: revenue less than or equal to USD 100 million. Other designations include sales and marketing executives and researchers, as well as members of various sensor patch organizations.

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

This report implements top-down and bottom-up approaches to estimate and validate the size of the sensor patch market and various other dependent submarkets. Secondary research identifies key players in this market, and their market shares in the respective regions are determined through primary and secondary research.

This entire research methodology included the study of annual and financial reports of top companies, as well as interviews with experts (such as CEOs, VPs, directors, and marketing executives) for key insights (both quantitative and qualitative). All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study were accounted for, viewed in detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated and supplemented with detailed inputs and analysis from MarketsandMarkets and presented in this report. The figures below show the overall market size estimation process employed for this study.

Bottom-Up Approach

  • Identifying the entities in the semiconductor value chain influencing the entire sensor patch industry, along with the related software and service providers
  • Analyzing each type of entity along with related companies and system integrators, and identifying service providers for the implementation of products and services
  • Understanding the demand generated by the sensor patch-related companies
  • Tracking ongoing and upcoming implementations of sensor patch developments by various companies and forecasting the market based on these developments and other critical parameters
  • Carrying out multiple discussions with key opinion leaders to understand the type of contracts, services, products and services, and software deployed by these sensor patch industry players that would help in analyzing the break-up of the scope of work carried out by each major sensor patch company
  • Estimating the market size by analyzing sensor patch companies based on their different countries, and then combining the data to get the market estimate by region
  • Verifying and cross-checking the estimates at every level through discussions with key opinion leaders, including CXOs, directors, operations managers, and MarketsandMarkets’ domain experts
  • Studying various paid and unpaid sources of information, such as annual reports, press releases, and white papers

Top-Down Approach

  • Focusing initially on the top-line investments and expenditures being made in the ecosystem of the sensor patch market
  • Building and developing the information related to the revenue generated by selling various sensor patch products, services, and software
  • Conducting multiple on-field discussions with key opinion leaders across major companies involved in the manufacture of products, services, and software
  • Estimating geographic splits using secondary sources, based on factors such as the number of players in a specific country and region, operational types, level of services offered, and types of software implemented

Sensor Patch Market : Top-Down and Bottom-Up Approach

Sensor Patch Market Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall size of the sensor patch market from the estimation process explained above, the market was split into several segments and subsegments. The data triangulation and market breakdown procedures were employed (wherever applicable) to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data was triangulated by studying various factors and trends from both the demand and supply sides. The size of the sensor patch market was validated using both top-down and bottom-up approaches.

Market Definition

A wearable sensor patch uses various sensing and transducing principles to monitor and diagnose physiological parameters that can be tracked and analyzed remotely. Sensor patches are attached to the human body to monitor vital signs and provide specific treatments when required. Sensor patches are categorized under wearable devices with embedded intelligence, connectivity, and extensive usability. These patches offer a unique and modern solution for condition/activity monitoring, feedback, and drug delivery services, such as drug delivery or stimulation, localization, identification, personal/contextual notifications, information display, and virtual assistance.

Key Stakeholders

  • Raw material suppliers
  • Manufacturers and distributors of sensor patches and wearable patches
  • Original equipment manufacturers (OEMs)
  • Device suppliers and distributors
  • Software application providers
  • Manufacturers of medical and health monitoring devices
  • System integrators
  • Middleware providers
  • Assembly, testing, and packaging vendors
  • Research institutes and organizations
  • Technology standards organizations, forums, alliances, and associations
  • Governments, financial institutions, and regulatory bodies

Report Objectives

  • To define, describe, and forecast the sensor patch market, by product type, wearable type, application, end-use industry, and region, in terms of value
  • To define, describe, and forecast the global sensor patch market, by product type, in terms of volume
  • To forecast the sizes of various segments with respect to four major regions—
    North America, Europe, Asia Pacific, and Rest of the World (RoW)
  • To provide a detailed analysis of the sensor patch supply chain
  • To strategically analyze the micromarkets with respect to individual growth trends and prospects, and their contributions to the total market
  • To analyze competitive developments, such as expansions, agreements, partnerships, acquisitions, product developments, and research & development (R&D), in the sensor patch market
  • To analyze the opportunities for market players and provide details of the competitive landscape of the market.
  • To benchmark the market players using the proprietary company evaluation matrix framework, which analyzes the market players on various parameters within the broad categories of business strategy excellence and strength of product portfolios
  • To strategically profile the key players and comprehensively analyze their market positions in terms of ranking and core competencies, along with a detailed competitive landscape of the market
  • To analyze the supply chain, market/ecosystem map, trend/disruptions impacting customer business, technology analysis, Porter’s five force analysis, trade analysis, patent analysis, key conferences & events, and regulations related to the sensor patch market

Available Customizations

With the market data given, MarketsandMarkets offers customizations according to the company’s specific needs. The following customization options are available for the report:

Company Information:

  • Detailed analysis and profiling of additional market players (up to 7)

 

Key Questions Addressed by the Report

What are the major driving factors and opportunities for the players in the sensor patch market?

The growth of the sensor patch market is primarily driven by rising demand for portable medical devices and wearable sensors, a rapidly increasing elderly population, and the surging use of sensor patches for glucose monitoring in diabetic patients. The rapidly expanding wearable device market is likely to create lucrative growth opportunities.

Which region is expected to hold the largest share of the sensor patch market in 2025?

North America is projected to capture the largest market share in 2025 due to the massive demand for early adoption of new technological advancements, such as nanotechnology, and the presence of key market players, which will positively impact the market in this region.

Who are the leading players in the global sensor patch market?

Leading players operating in the worldwide sensor patch market are Abbott Laboratories (US), Medtronic PLC (Ireland), DexCom, Inc. (US), iRhythm Technologies, Inc. (US), and Texas Instruments Incorporated (US).

Which product is expected to drive the sensor patch market?

Heart rate sensor patches are expected to drive the market.

What will be the global sensor patch market size in 2025 and 2030?

The global sensor patch market is projected to grow from USD 6.32 billion in 2025 to USD 23.91 billion by 2030, at a CAGR of 30.5%.

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