Connected wearable patches include patches, tattoos, or small devices that are affixed to the skin and worn for a limited period of time, ranging 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.
The drive forces make connected wearable patches commercial are a growth in the number of people with chronic diseases, aging populations and rising healthcare costs. Due to the slow recovery of global economy, more and more governments, insurance companies and care providers are taking this kind of product as a substation of traditional way to monitor, diagnose, and treat patients in order to save medical expense.
Although sales of connected wearable patches products bring a lot of opportunities, the study group recommend the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the connected wearable patches field hastily.
The global Connected Wearable Patches market is valued at 95 million US$ in 2018 and will reach 3810 million US$ by the end of 2025, growing at a CAGR of 58.5% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Connected Wearable Patches market based on company, product type, end user and key regions.
This report studies the global market size of Connected Wearable Patches in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Connected Wearable Patches in these regions.
This research report categorizes the global Connected Wearable Patches market by top players/brands, region, type and end user. This report also studies the global Connected Wearable Patches market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
The following manufacturers are covered in this report, with sales, revenue, market share for each company:
IRhythm
Medtronic/Zephyr Technology
Sensium Healthcare
Vancive Medical
Vital Connect
Preventice
Gentag Inc.
ILece
Blue Spark
Chrono Therapeutics
Proteus Digital Health
G-Tech Medical
STEMP
Market size by Product
Clinical Use
Non-Clinical Use
Market size by End User
Monitoring, Detection & Diagnosis
Managing & Treatment
Health, Wellness & Prevention
Clinical Trials
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
The study objectives of this report are:
To study and analyze the global Connected Wearable Patches market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Connected Wearable Patches market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Connected Wearable Patches companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Connected Wearable Patches submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Connected Wearable Patches are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Connected Wearable Patches market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Connected Wearable Patches . Industry analysis & Market Report on Connected Wearable Patches is a syndicated market report, published as Global Connected Wearable Patches Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Connected Wearable Patches market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.