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Impact of Sensor Patch Market on Top Key Players

The overall sensor patch market is expected to grow from USD 1.2 billion in 2020 to USD 6.4 billion by 2025, at a CAGR of 40.5%. <br><br>The sensor patch market is currently dominated by Abbott Laboratories (US), iRhythm Technologies, Inc. (US), DexCom, Inc. (US), Medtronic PLC (Ireland),.

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Impact of Sensor Patch Market on Top Key Players

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  1. MarketsandMarkets Presents Impact of Sensor Patch Market on Top Key Players Sensor Patch Market by Product (Temperature, Blood Glucose, Blood Pressure, Heart Rate, ECG, & Blood Oxygen), Application (Monitoring, Diagnostics), Wearable Type (Wristwear, Neckwear, Bodywear), End-user Industry, and Region - Global Forecast to 2025 https://www.marketsandmarkets.com/Market-Reports/sensor-patch-market-50239064.html

  2. The overall sensor patch market is expected to grow from USD 1.2 billion in 2020 to USD 6.4 billion by 2025, at a CAGR of 40.5%. The growth of this market is mainly driven by the rising demand for portable medical devices and wearable sensors, increasing elderly population, and growing use of sensor patches to monitor glucose level. The growing adoption of telehealth and advancements in wearable solutions and digital technologies provide major opportunities for the growth of the sensor patch market. Browse 104 market data Tables and 47 Figures spread through 178 Pages and in-depth TOC on "Sensor Patch Market - Global Forecast to 2025"

  3. The sensor patch market is currently dominated by Abbott Laboratories (US), iRhythm Technologies, Inc. (US), DexCom, Inc. (US), Medtronic PLC (Ireland), Texas Instruments Inc. (US), Proteus Digital Health, Inc. (US), Gentag, Inc. (US), Kenzen, Inc. (US), VitalConnect, Inc. (US), and Preventice Solutions, Inc. (US). Several major companies have adoptedboth organic and inorganic growth strategiessuchasproduct launches, collaborations, contracts, acquisitions, partnerships, agreements, and joint ventures toincrease their revenue.

  4. Top 2 players in the sensor patch market Abbott Laboratories (US) is one of the healthcare leaders that helps people live more fully at all stages of life by offering life-changing technologies with leading businesses and products in diagnostics, medical devices, nutritionals, and branded generic medicines worldwide. To maintain its leadership position in the global sensor patch market, the company focuses on acquisitions and new product launches. In July 2017, the company collaborated with Bigfoot Biomedical Inc. (US), a leading player in diabetes management. With this collaboration, both companies will be working together for the development of the Freestyle Librewearable patch to diversify its application areas. In September 2017, the company acquired Alere Inc. (US), a leading point-of-care diagnostics company, to expand its global presence. Request Free Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=50239064

  5. Top 2 players in the sensor patch market DexCom, Inc. (US) is a leading medical devices manufacturing company that develops and markets continuous glucose monitoring (CGM) products and tools for adult and pediatric people with diabetes. The company operates under one single segment offering G6 sensor and G6 Mobile systems that include a reusable transmitter, a receiver, disposable sensors, and mobile applications. To maintain its competitive position in the market, the company has adopted inorganic growth strategiessuch as partnerships and collaboration. For instance, in June 2019, the company collaborated with Companion Medical, Inc. (US) to enable a direct exchange of CGM data from Dexcom with insulin data from InPen into both companies’ software applications. The focus on this strategy is likely to help the company increase its share in the sensor patch market. Ask for PDF:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=50239064

  6. About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of markets.

  7. Contact Us Contact: Mr. Aashish MehraMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 For More Info: https://www.marketsandmarkets.com/PressReleases/sensor-patch.asp

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