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Report
Global Wearable Patches Market, By Technology (Connected v/s Regular), By Application (Monitoring, Drug Delivery, Diagnostics, Others), By End User (Healthcare v/s Fitness & Sports), By Region, Competition Forecast & Opportunities, 2027
Market Report I 2022-07-01 I 119 Pages I TechSci Research
The global wearable patches market is expected to witness significant growth during the forecast period. Rising obesity observed around the globe and unhealthy living conditions are leading to the generation of chronic diseases and other serious conditions, for instance, diabetes and atrial fibrillation. Wearable patches consist of sensors and actuators and are used for monitoring and early diagnosis of chronic diseases. Patches are used for monitoring, diagnosis, and ensuring timely drug dosage, which is aiding in the global wearable patches market growth.
The global wearable patches market has been segmented into technology, application, end user, regional distribution, and competitive landscape. Based on regional analysis, the market is further divided into North America, South America, Asia Pacific, Europe and the Middle East, and Africa. North America is expected to dominate the global wearable patches market owing to the huge investments in addition to the presence of significant players for the market growth. Also, Asia Pacific is expected to witness substantial growth in the forecast period owing to the rise in the disposable income among middle-class families, and rising demand for wearable patches.
Based on end user the market is segmented into healthcare and fitness, and sports. Consumers are becoming more concerned regarding their health and fitness. Constantly monitoring health and keeping track of calories using diet applications is aiding in the increase of the demand for fitness and sports-related wearable patches. Also, connectivity of patches through mobile phones and real-time analysis fosters the surge in demand for the global wearable patches market.
The top leading players in the global wearable patches market are Koninklijke Philips N.V., Sensium Healthcare Ltd, Leaf Healthcare, Inc (Smith & Nephew, Plc.), Dexcom, Inc, Abbott Laboratories., Inc., GENTAG, Inc, LifeSignals, Inc, VitalConnect, Cardiac Insight Inc, VivaLNK, Inc, AliveCor, Inc, Insulet Corporation, iRhythm Technologies Inc., Nemaura Medical Inc, UpRight Technologies Ltd.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2027
Objective of the Study:
- To analyze historical growth in market size of global wearable patches market from 2017 to 2021.
- To estimate and forecast the market size of global wearable patches market from 2022E to 2027F and growth rate until 2027F.
- To classify and forecast global wearable patches market based on technology, application, end user, regional distribution, and competitive landscape.
- To identify drivers and challenges for global wearable patches market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global wearable patches market.
- To conduct pricing analysis for global wearable patches market.
- To identify and analyze the profile of leading players operating in global wearable patches market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels, and presence of all major players across the globe.
TechSci Research calculated the market size of the global wearable patches market using a bottom-up approach, wherein data for various end-user segments were recorded and forecasted for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated them through analyzing historical data of these product types and applications for getting an appropriate overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations, and financial reports were also studied by TechSci Research.
Key Target Audience:
- Wearable patches manufacturers
- Research organizations and consulting companies
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to wearable patches
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, global wearable patches market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Wearable Patches Market, By Technology:
o Connected
o Regular
- Wearable Patches Market, By Application:
o Monitoring
o Drug Delivery
o Diagnostics
o Others
- Wearable Patches Market, By End User:
o Healthcare
o Fitness & Sports
- Wearable Patches Market, By Region:
o North America
- United States
- Canada
- Mexico
o Europe
- France
- Germany
- United Kingdom
- Italy
- Spain
o Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
o Middle East and Africa
- UAE
- Saudi Arabia
- South Africa
- Kuwait
o South America
- Brazil
- Argentina
- Colombia
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global wearable patches market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Voice of Customer
5. Impact of COVID-19 on Global Wearable Patches Market
6. Global Wearable Patches Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Technology (Connected v/s Regular)
6.2.2. By Application (Monitoring, Drug Delivery, Diagnostics, Others)
6.2.3. By End User (Healthcare v/s Fitness & Sports)
6.2.4. By Company (2021)
6.2.5. By Region
6.3. Product Market Map
7. Asia-Pacific Wearable Patches Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Technology
7.2.2. By Application
7.2.3. By End User
7.2.4. By Country
7.3. Asia-Pacific: Country Analysis
7.3.1. China Wearable Patches Market Outlook
7.3.1.1. Market Size & Forecast
7.3.1.1.1. By Value
7.3.1.2. Market Share & Forecast
7.3.1.2.1. By Technology
7.3.1.2.2. By Application
7.3.1.2.3. By End User
7.3.2. India Wearable Patches Market Outlook
7.3.2.1. Market Size & Forecast
7.3.2.1.1. By Value
7.3.2.2. Market Share & Forecast
7.3.2.2.1. By Technology
7.3.2.2.2. By Application
7.3.2.2.3. By End User
7.3.3. South Korea Wearable Patches Market Outlook
7.3.3.1. Market Size & Forecast
7.3.3.1.1. By Value
7.3.3.2. Market Share & Forecast
7.3.3.2.1. By Technology
7.3.3.2.2. By Application
7.3.3.2.3. By End User
7.3.4. Japan Wearable Patches Market Outlook
7.3.4.1. Market Size & Forecast
7.3.4.1.1. By Value
7.3.4.2. Market Share & Forecast
7.3.4.2.1. By Technology
7.3.4.2.2. By Application
7.3.4.2.3. By End User
7.3.5. Australia Wearable Patches Market Outlook
7.3.5.1. Market Size & Forecast
7.3.5.1.1. By Value
7.3.5.2. Market Share & Forecast
7.3.5.2.1. By Technology
7.3.5.2.2. By Application
7.3.5.2.3. By End User
8. Europe Wearable Patches Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Technology
8.2.2. By Application
8.2.3. By End User
8.2.4. By Country
8.3. Europe: Country Analysis
8.3.1. France Wearable Patches Market Outlook
8.3.1.1. Market Size & Forecast
8.3.1.1.1. By Value
8.3.1.2. Market Share & Forecast
8.3.1.2.1. By Technology
8.3.1.2.2. By Application
8.3.1.2.3. By End User
8.3.2. Germany Wearable Patches Market Outlook
8.3.2.1. Market Size & Forecast
8.3.2.1.1. By Value
8.3.2.2. Market Share & Forecast
8.3.2.2.1. By Technology
8.3.2.2.2. By Application
8.3.2.2.3. By End User
8.3.3. United Kingdom Wearable Patches Market Outlook
8.3.3.1. Market Size & Forecast
8.3.3.1.1. By Value
8.3.3.2. Market Share & Forecast
8.3.3.2.1. By Technology
8.3.3.2.2. By Application
8.3.3.2.3. By End User
8.3.4. Italy Wearable Patches Market Outlook
8.3.4.1. Market Size & Forecast
8.3.4.1.1. By Value
8.3.4.2. Market Share & Forecast
8.3.4.2.1. By Technology
8.3.4.2.2. By Application
8.3.4.2.3. By End User
8.3.5. Spain Wearable Patches Market Outlook
8.3.5.1. Market Size & Forecast
8.3.5.1.1. By Value
8.3.5.2. Market Share & Forecast
8.3.5.2.1. By Technology
8.3.5.2.2. By Application
8.3.5.2.3. By End User
9. North America Wearable Patches Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Technology
9.2.2. By Application
9.2.3. By End User
9.2.4. By Country
9.3. North America: Country Analysis
9.3.1. United States Wearable Patches Market Outlook
9.3.1.1. Market Size & Forecast
9.3.1.1.1. By Value
9.3.1.2. Market Share & Forecast
9.3.1.2.1. By Technology
9.3.1.2.2. By Application
9.3.1.2.3. By End User
9.3.2. Mexico Wearable Patches Market Outlook
9.3.2.1. Market Size & Forecast
9.3.2.1.1. By Value
9.3.2.2. Market Share & Forecast
9.3.2.2.1. By Technology
9.3.2.2.2. By Application
9.3.2.2.3. By End User
9.3.3. Canada Wearable Patches Market Outlook
9.3.3.1. Market Size & Forecast
9.3.3.1.1. By Value
9.3.3.2. Market Share & Forecast
9.3.3.2.1. By Technology
9.3.3.2.2. By Application
9.3.3.2.3. By End User
10. South America Wearable Patches Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Technology
10.2.2. By Application
10.2.3. By End User
10.2.4. By Country
10.3. South America: Country Analysis
10.3.1. Brazil Wearable Patches Market Outlook
10.3.1.1. Market Size & Forecast
10.3.1.1.1. By Value
10.3.1.2. Market Share & Forecast
10.3.1.2.1. By Technology
10.3.1.2.2. By Application
10.3.1.2.3. By End User
10.3.2. Argentina Wearable Patches Market Outlook
10.3.2.1. Market Size & Forecast
10.3.2.1.1. By Value
10.3.2.2. Market Share & Forecast
10.3.2.2.1. By Technology
10.3.2.2.2. By Application
10.3.2.2.3. By End User
10.3.3. Colombia Wearable Patches Market Outlook
10.3.3.1. Market Size & Forecast
10.3.3.1.1. By Value
10.3.3.2. Market Share & Forecast
10.3.3.2.1. By Technology
10.3.3.2.2. By Application
10.3.3.2.3. By End User
11. Middle East and Africa Wearable Patches Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value
11.2. Market Share & Forecast
11.2.1. By Technology
11.2.2. By Application
11.2.3. By End User
11.2.4. By Country
11.3. MEA: Country Analysis
11.3.1. South Africa Wearable Patches Market Outlook
11.3.1.1. Market Size & Forecast
11.3.1.1.1. By Value
11.3.1.2. Market Share & Forecast
11.3.1.2.1. By Technology
11.3.1.2.2. By Application
11.3.1.2.3. By End User
11.3.2. Saudi Arabia Wearable Patches Market Outlook
11.3.2.1. Market Size & Forecast
11.3.2.1.1. By Value
11.3.2.2. Market Share & Forecast
11.3.2.2.1. By Technology
11.3.2.2.2. By Application
11.3.2.2.3. By End User
11.3.3. UAE Wearable Patches Market Outlook
11.3.3.1. Market Size & Forecast
11.3.3.1.1. By Value
11.3.3.2. Market Share & Forecast
11.3.3.2.1. By Technology
11.3.3.2.2. By Application
11.3.3.2.3. By End User
11.3.4. Kuwait Wearable Patches Market Outlook
11.3.4.1. Market Size & Forecast
11.3.4.1.1. By Value
11.3.4.2. Market Share & Forecast
11.3.4.2.1. By Technology
11.3.4.2.2. By Application
11.3.4.2.3. By End User
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. Koninklijke Philips N.V.
14.2. Sensium Healthcare Ltd
14.3. Leaf Healthcare, Inc (Smith & Nephew, Plc.)
14.4. Dexcom, Inc
14.5. Abbott Laboratories., Inc.
14.6. GENTAG, Inc
14.7. LifeSignals, Inc
14.8. VitalConnect
14.9. Cardiac Insight Inc
14.10. VivaLNK, Inc
14.11. AliveCor, Inc
14.12. Insulet Corporation
14.13. iRhythm Technologies Inc.
14.14. Nemaura Medical Inc
14.15. UpRight Technologies Ltd
15. Strategic Recommendations
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