Wearable Patch Market Size, Share, Analysis, Applications, Growth Insight, and Future Forecast – 2027

The global wearable patch market size was valued at $7.7 billion in 2019 and is expected to expand at a CAGR of 6% from 2021 to 2027. Wearable patches are known as electronic skins or smart patches. They are used to monitor disease, diagnosis, and drug delivery, and to maintain the health of elderly patients suffering from chronic conditions like diabetes. The market is expected to witness profitable growth owing to increased R&D investment for the development of wearable patches. Wearable patches, such as transdermal patches and scopolamine patches, are attached directly to infected body parts for disease monitoring. For example, nicotine patches are used in nicotine replacement therapy (NRT) to release nicotine into the body and prevent smoking.

 

 

 

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 Market Segments

 

Key Players

 

  • AliveCor, Inc
  • VivaLNK, Inc
  • Cardiac Insight Inc
  • VitalConnect
  • LifeSignals, Inc
  • L’Oreal Group
  • Dexcom, Inc
  • GENTAG, Inc
  • Abbott Laboratories
  • Koninklijke Philips N.V.
  • Sensium Healthcare Ltd
  • Leaf Healthcare, Inc
  • Qualcomm Technologies, Inc

 

 

Market Segments

 

By Product

 

  • Temperature Patch
  • Blood Glucose Patch
  • Blood Pressure Patch
  • Heart Rate Patch & ECG Patch
  • Skin Care Patch
  • Others

 

By End Use

 

  • Healthcare
  • Fitness & Sports

 

By Region

 

Europe

 

  • France
  • UK

 

South America

 

  • Argentina
  • Brazil

 

Asia Pacific

 

  • Japan
  • India

 

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Scope of the Heart

The research study analyzes the global Wearable Patch Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

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 About it

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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(This release has been published on Global Market Post.
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