Austin, June 29, 2025 (GLOBE NEWSWIRE) — Sensor Patch Market Size & Growth Insights:
According to the SNS Insider,“The Sensor Patch Market Size was valued at USD 2.96 billion in 2023 and is expected to reach USD 68.32 billion by 2032, growing at a CAGR of 41.80% over the forecast period 2024-2032.”
Revolutionizing Healthcare with Sensor Patches Fueled by Remote Monitoring and Wearable Tech
The sensor patch market is witnessing robust growth driven by rising demand for remote patient monitoring and home healthcare, particularly for managing chronic conditions like diabetes, cardiovascular diseases, and respiratory disorders. The increasing adoption of wearable technology for real-time health tracking is further accelerating this trend. Advancements in miniaturized sensors, biocompatible materials, and wireless connectivity supported by expanding 5G infrastructure—are enhancing device accuracy, comfort, and usability. Additionally, the focus on preventive healthcare, a growing geriatric population, and favorable regulatory policies supporting digital health innovation are contributing to market expansion. Increased telemedicine investment and integration with clinical systems are also playing a critical role in boosting the relevance and utility of sensor patches in modern healthcare.
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Leading Market Players with their Product Listed in this Report are:
- Abbott Laboratories (FreeStyle Libre)
- Dexcom, Inc. (G6 CGM System)
- Medtronic plc (Guardian Sensor 3)
- Senseonics Holdings, Inc. (Eversense CGM)
- Smith & Nephew plc (PICO 7)
- VitalConnect, Inc. (VitalPatch)
- iRhythm Technologies, Inc. (Zio Patch)
- Leaf Healthcare, Inc. (Leaf Patient Monitoring System)
- Gentag, Inc. (NFC Skin Patches)
- Blue Spark Technologies, Inc. (TempTraq)
- VivaLNK, Inc. (Fever Scout)
- Proteus Digital Health, Inc. (Ingestible Sensor Patch)
- Masimo Corporation (Radius PPG)
- Nemaura Medical, Inc. (SugarBEAT)
- GlucoTrack, Inc. (GlucoTrack DF-F).
Sensor Patch Market Report Scope:
| Report Attributes | Details |
| Market Size in 2023 | USD 2.96 Billion |
| Market Size by 2032 | USD 68.32 Billion |
| CAGR | CAGR of 41.80% From 2024 to 2032 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segmentation | • 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, Others) • By Application (Monitoring, Diagnostics, Medical Therapeutics) • By Wearable Type (Wristwear, Footwear, Neckwear, Bodywear) • By End-user (Field mapping, Crop scouting and monitoring, Soil monitoring, Yield mapping and monitoring, Variable rate application, Weather tracking and forecasting, Others) |
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Segmental Insights: Growth Trends in the Sensor Patch Market by Product, Application, Wearable Type, and End-user
By Product Type
Blood glucose sensor patches held a 33.6% market share in 2023 and are projected to grow at the fastest rate through 2032, due to growing global burden of diabetes and increasing penetration of continuous glucose monitoring (CGM) systems. They provide an easy pain management option to multiple finger sticks, enabled by advances in biosensor tech, smartphone connecting and device accuracy. The rise of remote patient monitoring, home healthcare, and industry partnerships, among others are also stoking demand and creativity in diabetes management products.
By Application
Monitoring sensor patches led the market with a 44.8% share in 2023, due to their increasing adoption for patients suffering from chronic diseases and post-surgery recovery and for fitness monitoring applications. Such patches can facilitate real-time monitoring of the bodily status, including heart rate, blood pressure and body temperature, and have been increasingly adopted due to the increasing requirement for remote patient care and home healthcare services.
Diagnostic sensor patches are expected to grow at the highest CAGR from 2024 to 2032, led by rising research and development in diagnostic technologies and surging investment in non-invasive digital health offerings.
By Wearable Type
Wristwear sensor patches dominated the market with a 45.6% revenue share in 2023, driven by the growing adoption of smartwatches and fitness trackers. The wearable devices, usually worn on the wrist, provide measurements of heart rate, oxygen levels, and physical activity concomitantly, which has made them particularly popular among fitness individuals and patients with chronic disease.
From 2024 to 2032, bodywear sensor patches are expected to grow at the fastest CAGR, by rising demand for more advanced, flexible patches that are being used for round-the-clock monitoring, dispensing of medications, and postoperative care.
By End-user
In 2023, healthcare sensor patches dominated the market with a 69.3% share, as a result of their extensive use in chronic disease management, post-surgery monitoring and elderly health applications. These patches are essential in monitoring physiological parameters, compliance, and tracking in-situ health status providing a better patient outcome. This has also been compounded by increasing prevalence of diabetes, cardiovascular and respiratory diseases and increasing healthcare costs resulting in high demand in clinical and homecare environments.
The Fitness & Sports segment is poised for the fastest CAGR through 2032, supported by to increasing health awareness and the development of wearable, non-invasive sensors.
North America Leads, Asia-Pacific Rises Fast in the Sensor Patch Market
In 2023, North America held the largest share of the sensor patch market at 35.8%, and is majorly driven by developed healthcare infrastructure, high incidence rate of chronic diseases, and increasing focus on preventive care. The market has strong innovation by major players such as Abbott Laboratories, Dexcom Inc., and Medtronic. Abbott’s FreeStyle Libre, for example, has upended how diabetes is managed in the U.S. In addition, partnerships between health providers and tech companies such as Apple and Fitbit have also driven access through consumer health products.
Asia-Pacific is set to register the fastest CAGR from 2024 to 2032, on the back of increasing healthcare investments, and rising chronic disease cases, as well as the surging uptake of wearable health technologies, especially in China, Japan, and India, with the backing of the supportive government efforts.
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Recent Developments:
- In Sept 2024, Abbott Ramps Up Libre 3 Production In the Face of Supply Delays Abbott is ramping up manufacturing capabilities of its FreeStyle Libre 3 glucose sensors to counteract a temporary prescription delay in the U.S. due to high demand, and a full resolution is anticipated soon.
- In Aug 2024, Medtronic Secures FDA Approval for Simplera™ CGM and Establishes a Global Collaboration with Abbott Medtronic increases its diabetes tech offerings with the FDA clearance of its Simplera™ CGM and enters into a partnership with Abbott to co-develop integrated CGM solutions to improve glucose control in advanced insulin delivery systems.
Table of Contents – Major Points
1. Introduction
2. Executive Summary
3. Research Methodology
4. Market Dynamics Impact Analysis
5. Statistical Insights and Trends Reporting
6. Competitive Landscape
7. Sensor Patch Market Segmentation, by Product Type
8. Sensor Patch Market Segmentation, by Wearable Type
9. Sensor Patch Market Segmentation, by Application
10. Sensor Patch Market Segmentation, by End-user
11. Regional Analysis
12. Company Profiles
13. Use Cases and Best Practices
14. Conclusion
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