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Electronic Skin Patch Market Share

  • Report ID: GMI11052
  • Published Date: Aug 2024
  • Report Format: PDF

Electronic Skin Patch Market Share

Abbott and Dexcom, Inc. hold a significant share in the market. Abbott and Dexcom, Inc. are prominent players in the electronic skin patch industry, leveraging their expertise in medical technology to capture a significant market share. Abbott, known for its innovation in diagnostic and monitoring solutions, has made substantial contributions to the electronic skin patch sector. The company's focus on developing advanced glucose monitoring systems and wearable devices aligns with the growing demand for continuous health monitoring and diagnostic tools. Abbott's established reputation and extensive distribution network further bolster its presence in the market.
 

Dexcom, Inc. is a key player with a notable share in the electronic skin patch market, particularly in the realm of glucose monitoring. Dexcom is renowned for its continuous glucose monitoring (CGM) systems, which integrate seamlessly with wearable patches to provide real-time glucose data for diabetes management. The company's commitment to advancing sensor technology and improving patient outcomes drives its market position. Dexcom's innovations in non-invasive glucose monitoring and its strong emphasis on user-friendly, accurate devices contribute to its significant market share and influence in the electronic skin patch industry.
 

Electronic Skin Patch Market Companies

Major players operating in the electronic skin patch industry are:

  • Abbott
  • Dexcom, Inc.
  • Insulet Corporation
  • iRhythm Technologies, Inc. (Zio)
  • Koninklijke Philips N.V.
  • Medtronic
  • Vitalconnect
     
Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for electronic skin patch was valued at USD 16.5 billion in 2023 and is anticipated to grow at over 14% CAGR between 2024 and 2032 driven by advances in wearable technology and healthcare innovations

The online distribution channel segment in the electronic skin patch industry is set to witness over 15% CAGR between 2024 and 2032 due to increasing adoption of e-commerce platforms and the growing preference for online shopping

North America industry accounted for over 30% share in 2023 led by the presence of advanced healthcare infrastructure and high adoption rates of innovative medical technologies.

Abbott, Dexcom, Inc., Insulet Corporation, iRhythm Technologies, Inc. (Zio), Koninklijke Philips N.V., Medtronic, and Vitalconnect

Electronic Skin Patch Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 20
  • Tables & Figures: 662
  • Countries covered: 21
  • Pages: 210
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