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.
According to this study, over the next five years the Connected Wearable Patches market will register a 59.5% CAGR in terms of revenue, the global market size will reach US$ 1570 million by 2024, from US$ 95 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Connected Wearable Patches business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Connected Wearable Patches market by product type, application, key manufacturers and key regions and countries.
This study considers the Connected Wearable Patches value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Clinical Use
Non-Clinical Use
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Monitoring, Detection & Diagnosis
Managing & Treatment
Health, Wellness & Prevention
Clinical Trials
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
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
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Connected Wearable Patches consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Connected Wearable Patches market by identifying its various subsegments.
Focuses on the key global Connected Wearable Patches manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Connected Wearable Patches with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Connected Wearable Patches submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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 Growth 2019-2024. It is complete Research Study and Industry Analysis of Connected Wearable Patches market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.