The latest update of “Global Wearable Patch Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Wearable Patch Market.
Overview of the Wearable Patch Market:
A wearable patch is used to monitor drug administration, detect infectious diseases, monitor heart rate, and just help in keeping the physical health of old patients recovering from some form of chronic illness, such as arthritis. They can be worn all day long or discreetly, according to your preference. These devices have evolved over the years to become much more than simple medical gadgets. Today's patches are small enough to fit on the skin and emit varying frequencies for different purposes.
Market Dynamics:
R&D of new wearable patches is expected to propel growth of the global wearable patch market over the forecast period. For instance, in October 2021, researchers at the University of California San Diego reported development of a wearable patch that can monitor cardiovascular signals and other various biochemical levels in the body simultaneously.
Moreover, high prevalence of diabetes is expected to aid in growth of the global wearable patch market. For instance, according to the study, ‘Global Prevalence of Type 2 Diabetes over the Next Ten Years (2018-2028)’, published by the American Diabetes Association, 500 million people worldwide suffered from type 2 diabetes in 2018.
Increasing funding is expected to offer lucrative growth opportunities for players in the global wearable patch market. For instance, in October 2021, X-trodes Ltd. raised US$ 4.5 million to develop its portfolio of wearable smart technologies that measure and analyze electrophysiological signals.
Major players operating in the global wearable patch market are focused on approval and launch of new products to expand their product portfolio. For instance, in October 2021, Epicore Biosystems launched Discovery Patch Sweat Collection System, a wearable patch allowing it to collect and analyze sweat for biomarker research, in the U.S.
Key Takeaways:
- R&D of new wearable patches is expected to propel growth of the global wearable patch market over the forecast period.
- Major players operating in the global wearable patch market are focused on approval and launch of new products to expand their product portfolio. For instance, in October 2021, Honeywell Technology Solutions developed Real-Time Health Monitoring System, a wearable device for real-time patient monitoring, and recording of vital signs data.
- Major players operating in the global wearable patch market include, Abbott Laboratories, iRhythm Technologies, Inc., Johnson & Johnson Services, Inc., Koninklijke Philips N.V., L'Oreal Group, LifeSignals, Inc., Medtronic Plc (Zephyr Technology Corporation), Qualcomm Technologies, Inc., VitalConnect, Inc., and VivaLNK
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Wearable Patch Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Wearable Patch Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Abbott Laboratories
- iRhythm Technologies, Inc.
- Johnson & Johnson Services, Inc.
- Koninklijke Philips N.V.
- L'Oreal Group
- LifeSignals, Inc.
- Medtronic Plc (Zephyr Technology Corporation)
- Qualcomm Technologies, Inc.
- VitalConnect, Inc.
- VivaLNK
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Wearable Patch Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Temperature Patch
- Blood Glucose Patch
- Blood Pressure Patch
- Heart Rate Patch & ECG Patch
- Skin Care Patch
- Others
By Applications, the market is segmented into:
- Healthcare
- Fitness & Sports
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Wearable Patch Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Wearable Patch Market Share by Application: 2021 VS 2027
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Wearable Patch Market
1.6.1 How the Covid-19 is Affecting the Wearable Patch Market
1.6.1.1 Wearable Patch Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Wearable Patch Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Wearable Patch Market Perspective (2015-2027)
2.2 Wearable Patch Market Growth Trends by Regions
2.2.1 Wearable Patch Market Size by Regions: 2015 VS 2021 VS 2027
2.2.2 Wearable Patch Market Historic Market Share by Regions (2015-2021)
2.2.3 Wearable Patch Market Forecasted Market Size by Regions (2021-2027)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Wearable Patch Market Growth Strategy
2.3.6 Primary Interviews with Key Wearable Patch Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Wearable Patch Market Players by Market Size
3.1.1 Global Top Wearable Patch Market Players by Revenue (2015-2021)
3.1.2 Global Wearable Patch Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Wearable Patch Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Wearable Patch Market Concentration Ratio
3.2.1 Global Wearable Patch Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Wearable Patch Market Revenue in 2019
3.3 Wearable Patch Market Key Players Head office and Area Served
3.4 Key Players Wearable Patch Market Product Solution and Service
3.5 Date of entering into Wearable Patch Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2027)
4.1 Global Wearable Patch Market Historic Market Size by Type (2015-2021)
4.2 Global Wearable Patch Market Forecasted Market Size by Type (2021-2027)
5 Wearable Patch Market Breakdown Data by Application (2015-2027)
5.1 Global Wearable Patch Market Size by Application (2015-2021)
5.2 Global Wearable Patch Market Forecasted Market Size by Application (2021-2027)
6 North America
6.1 North America Wearable Patch Market Size (2015-2021)
6.2 Wearable Patch Market Key Players in North America (2019-2021)
6.3 North America Wearable Patch Market Size by Type (2015-2021)
6.4 North America Wearable Patch Market Size by Application (2015-2021)
7 Europe
7.1 Europe Wearable Patch Market Size (2015-2021)
7.2 Wearable Patch Market Key Players in Europe (2019-2021)
7.3 Europe Wearable Patch Market Size by Type (2015-2021)
7.4 Europe Wearable Patch Market Size by Application (2015-2021)
8 China
8.1 China Wearable Patch Market Size (2015-2021)
8.2 Wearable Patch Market Key Players in China (2019-2021)
8.3 China Wearable Patch Market Size by Type (2015-2021)
8.4 China Wearable Patch Market Size by Application (2015-2021)
9 Japan
9.1 Japan Wearable Patch Market Size (2015-2021)
9.2 Wearable Patch Market Key Players in Japan (2019-2021)
9.3 Japan Wearable Patch Market Size by Type (2015-2021)
9.4 Japan Wearable Patch Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Wearable Patch Market Size (2015-2021)
10.2 Wearable Patch Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Wearable Patch Market Size by Type (2015-2021)
10.4 Southeast Asia Wearable Patch Market Size by Application (2015-2021)
11 India
11.1 India Wearable Patch Market Size (2015-2021)
11.2 Wearable Patch Market Key Players in India (2019-2021)
11.3 India Wearable Patch Market Size by Type (2015-2021)
11.4 India Wearable Patch Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Wearable Patch Market Size (2015-2021)
12.2 Wearable Patch Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Wearable Patch Market Size by Type (2015-2021)
12.4 Central & South America Wearable Patch Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Wearable Patch Market Introduction
13.4 Wearable Patch Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Wearable Patch Market Key Market Segments
Table 2. Key Players Covered: Ranking by Wearable Patch Market Revenue
Table 3. Ranking of Global Top Wearable Patch Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Wearable Patch Market Size Growth Rate by Type (US$ Million): 2021 VS 2027
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Wearable Patch Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Wearable Patch Market Players to Combat Covid-19 Impact
Table 10. Global Wearable Patch Market Size Growth by Application (US$ Million): 2021 VS 2027
Table 11. Global Wearable Patch Market Size by Regions (US$ Million): 2021 VS 2027
Table 12. Global Wearable Patch Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Wearable Patch Market Share by Regions (2015-2021)
Table 14. Global Wearable Patch Market Forecasted Market Size by Regions (2021-2027) (US$ Million)
Table 15. Global Wearable Patch Market Share by Regions (2021-2027)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Wearable Patch Market Growth Strategy
Table 20. Main Points Interviewed from Key Wearable Patch Market Players
Table 21. Global Wearable Patch Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Wearable Patch Market Share by Players (2015-2021)
Table 23. Global Top Wearable Patch Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Wearable Patch Market as of 2019)
Table 24. Global Wearable Patch Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Wearable Patch Market Product Solution and Service
Table 27. Date of entering into Wearable Patch Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Wearable Patch Market Size by Type (2015-2021) (Million US$)
Table 30. Global Wearable Patch Market Size Share by Type (2015-2021)
Table 31. Global Wearable Patch Market Revenue Market Share by Type (2021-2027)
Table 31. Global Wearable Patch Market Size Share by Application (2015-2021)
Table 33. Global Wearable Patch Market Size by Application (2015-2021) (Million US$)
Table 34. Global Wearable Patch Market Size Share by Application (2021-2027)
Table 35. North America Key Players Wearable Patch Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Wearable Patch Market Share (2019-2021)
Table 37. North America Wearable Patch Market Size by Type (2015-2021) (Million US$)
Table 38. North America Wearable Patch Market Share by Type (2015-2021)
Table 39. North America Wearable Patch Market Size by Application (2015-2021) (Million US$)
Table 40. North America Wearable Patch Market Share by Application (2015-2021)
Table 41. Europe Key Players Wearable Patch Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Wearable Patch Market Share (2019-2021)
Table 43. Europe Wearable Patch Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Wearable Patch Market Share by Type (2015-2021)
Table 45. Europe Wearable Patch Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Wearable Patch Market Share by Application (2015-2021)
Table 47. China Key Players Wearable Patch Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Wearable Patch Market Share (2019-2021)
Table 49. China Wearable Patch Market Size by Type (2015-2021) (Million US$)
Table 50. China Wearable Patch Market Share by Type (2015-2021)
Table 51. China Wearable Patch Market Size by Application (2015-2021) (Million US$)
Table 52. China Wearable Patch Market Share by Application (2015-2021)
Table 53. Japan Key Players Wearable Patch Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Wearable Patch Market Share (2019-2021)
Table 55. Japan Wearable Patch Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Wearable Patch Market Share by Type (2015-2021)
Table 57. Japan Wearable Patch Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Wearable Patch Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Wearable Patch Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Wearable Patch Market Share (2019-2021)
Table 61. Southeast Asia Wearable Patch Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Wearable Patch Market Share by Type (2015-2021)
Table 63. Southeast Asia Wearable Patch Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Wearable Patch Market Share by Application (2015-2021)
Table 65. India Key Players Wearable Patch Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Wearable Patch Market Share (2019-2021)
Table 67. India Wearable Patch Market Size by Type (2015-2021) (Million US$)
Table 68. India Wearable Patch Market Share by Type (2015-2021)
Table 69. India Wearable Patch Market Size by Application (2015-2021) (Million US$)
Table 70. India Wearable Patch Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Wearable Patch Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Wearable Patch Market Share (2019-2021)
Table 73. Central & South America Wearable Patch Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Wearable Patch Market Share by Type (2015-2021)
Table 75. Central & South America Wearable Patch Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Wearable Patch Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Wearable Patch Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Wearable Patch Market Share by Type: 2021 VS 2027
Figure 2. Global Wearable Patch Market Share by Application: 2021 VS 2027
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Wearable Patch Market Report Years Considered
Figure 8. Global Wearable Patch Market Size YoY Growth 2015-2027 (US$ Million)
Figure 9. Global Wearable Patch Market Share by Regions: 2021 VS 2027
Figure 10. Global Wearable Patch Market Share by Regions (2021-2027)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Wearable Patch Market Share by Players in 2019
Figure 13. Global Top Wearable Patch Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Wearable Patch Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Wearable Patch Market Revenue in 2019
Figure 15. North America Wearable Patch Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Wearable Patch Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Wearable Patch Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Wearable Patch Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Wearable Patch Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Wearable Patch Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Wearable Patch Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
Request Discount 
Inquire Before Buy
