Connected Wearable Patches Market Future Demand, Market Analysis & Outlook (2019-2026)

Connected Wearable Patches Market Future Demand, Market Analysis & Outlook (2019-2026)

The global Connected Wearable Patches market is estimated to be USD 6,226 million in 2019 and is expected to reach USD 10,887 million by 2026, with a CAGR of 8.31% during the forecast period.

Connected wearable patches include patches, tattoos, or small devices that are affixed to the skin and worn for a limited time, from an hour to several weeks.  The patches also have an element of wireless connectivity, and have a medical, health, or wellness purpose that can range from monitoring physiological data to delivering medication. 

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Competition Analysis

•      IRhythm

•      Zephyr Techonology

•      Sensium Healthcare

•      Vital Connect

•      Preventice

•      Gentag Tnc

•      ILece

•      Blue Spark

•      Chrono Therapeutics

•      Proteus Digital Health

•      G-Tech Medical

•      STEMP

Market Driver and Constraint

•     Minimal interference with body movement

•     Delivers precise data

•     Easy connectivity with computing devices

•     Rise in number of lifestyle diseases

•     Rise in awareness of healthy lifestyle

•     Emerging markets as increase in acceptance of wearable patches

•     Restricted trust of patients in wearable patches

•     Integration of sensors into computing devices and accessories

Region-wise Analysis

In 2018, the global Connected Wearable Patches market was mainly concentrated in the three regions of Asia-Pacific, North America and Europe, with the market share of 41.98%, 26.84% and 23.73%. The Asia-Pacific is the largest producer, with annual production value nearly USD 2,413 million in 2018. The Asia-Pacific will occupy for more market share in following years, especially in China, also fast-growing India and Southeast Asia regions. North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Connected Wearable Patches.

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Worldwide Connected Wearable Patches Market by Type

Non-Clinical Use, Clinical Use, and Other.

Worldwide Connected Wearable Patches Market by Application

Clinical Trials, Health, Wellness & Prevention, Managing & Treatment, Monitoring, Detection & Diagnosis, and Other.

Table of Content

1 Report Overview

1.1  Product Definition and Scope

1.2  PEST (Political, Economic, Social and Technological) Analysis of Connected Wearable Patches Market

…

2 Market Trends and Competitive Landscape

3 Segmentation of Connected Wearable Patches Market by Types

4 Segmentation of Connected Wearable Patches Market by End-Users

5 Market Analysis by Major Regions

6 Product Commodity of Connected Wearable Patches Market in Major Countries

7 North America Connected Wearable Patches Landscape Analysis

8 Europe Connected Wearable Patches Landscape Analysis

9 Asia Pacific Connected Wearable Patches Landscape Analysis

10 Latin America, Middle East & Africa Connected Wearable Patches Landscape Analysis  

11 Major Players Profile

11.1 IRhythm

11.1.1 IRhythm Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Medtronic/Zephyr Technology

11.3 Sensium Healthcare

11.4 Vancive Medical

11.5 Vital Connect

11.6 Preventice

11.7 Gentag Inc.

11.8 ILece

11.9 Blue Spark

11.10 Chrono Therapeutics

11.11 Proteus Digital Health

11.12 G-Tech Medical

11.13 STEMP

…

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Target Audience:

Connected Wearable Patches manufacturers

Connected Wearable Patches potential investors

Connected Wearable Patches end-user sectors

Distributors and resellers of Connected Wearable Patches

Connected Wearable Patches industry associations

Product managers, Connected Wearable Patches industry administrator, C-level executives of the industries

Market research and consulting firms

Small and Medium-sized Enterprises (SMEs)

• Base Year: 2018

• Estimated Year: 2019

• Forecast Period: 2019 to 2026

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