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The sensor patch market size is forecast to increase by USD 14.25 billion, at a CAGR of 61.9% between 2023 and 2028. The market is experiencing significant growth due to the benefits that sensor patches offer to both providers and patients. The use of transdermal medicines, which are administered through the skin, has gained increasing interest, as they provide several advantages over traditional oral medications. These advantages include consistent drug delivery, improved patient compliance, and reduced side effects. However, the integration of sensors into these patches poses challenges, such as ensuring accurate data transmission and maintaining patient comfort. Despite these challenges, the market is expected to continue its growth trajectory, driven by advancements in technology and the increasing demand for non-invasive healthcare solutions.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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