Global Sensor Patch Market By Product (Temperature Sensor Patch, Blood Glucose Sensor Patch, Blood Pressure/Flow Sensor Patch, Heart Rate Sensor Patch, ECG Sensor Patch, Blood Oxygen Sensor Patch); By Application (Monitoring, Diagnostics); By End-Users (Healthcare, Fitness and Sports), By Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends & Forecast to 2026
Market Analysis: Global Sensor Patch Market
Global Sensor Patch Market accounted for USD 72.9 million in 2018 to an estimated value of USD 1633 million by 2026 growing at a CAGR of 47.5% during the forecast period of 2019 to 2026. The upcoming market report contains data for historic year 2017 the base year of calculation is 2018 and the forecast period is 2019 to 2026.
Market Definition: Global Sensor Patch Market
Sensor patch are passive UHF, single-chip RFID sensor are used to measure moisture conditions in medical care areas. These devices are mostly used in the geriatric care, child care, and medical long-term care. In this market drivers included such as rising health care expenditure and increasing adoption of wearable in health monitoring application.