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Global Wearable patch market Size study, by Technology ( Regular, Connected), by application (Clinical,non-clinical), and Regional Forecasts 2020-2027

  • BIZ4355446
  • 200 Pages
  • May 2021
  • Consumer Goods
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Global Wearable patch market is valued at approximately USD 7.7 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 6.2% over the forecast period 2020-2027. Smart patches or mechanical skin are two terms for wearable patches. These are used for disease control, medication distribution, and diagnosis and are lightweight, compact, and versatile in design. Wearable patches can help elderly patients with chronic diseases including diabetes and others improve their health and well-being. The demand for wearable technology is currently expanding, owing to increased research and development efforts for the development of wearable patches by key market players. Patches such as scopolamine patches and transdermal patches are closely applied to the infected body part for disease monitoring and may be worn or glued to the scalp. For instance, in nicotine replacement treatment, a nicotine route is a transdermal patch that delivers nicotine into the bloodstream (NRT). Moreover, the rising prevalence of chronic diseases such as diabetes and atrial fibrillation is leading to an increase in the number of strokes, which is expected to propel the wearable patch market further over the projected period. According to a study released by the International Diabetes Federation in November 2019, about 463 million people between the ages of 20 and 79 were diagnosed with diabetes worldwide in 2018, with the overall diabetes population estimated to exceed 700 million by 2045. Similarly, according to the American Heart Association, stroke is the primary cause of death in the United States, with about 2.7 million people diagnosed with atrial fibrillation and about 800,000 people experiencing stroke each year due to a blockage of a blood vessel that delivers oxygen to the brain. As a result, the demand for wearable patches is expected to increase as the rate of atrial fibrillation rises. However, high cost of sensor monitoring patch, may impede market growth over the forecast period of 2020-2027.

The regional analysis of the global Wearable patch market is considered for the key regions such as North America, Asia Pacific, Latin America, Europe, and Rest of the World. North America is the leading region across the world in terms of market share due to increasing prevalence of chronic diseases and increase in demand for wearable patches for early diagnosis in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2020-2027, due to growing need for the implementation and integration of medical devices and healthcare IT solutions across APAC.

Major market player included in this report are:

Abbott Laboratories

iRhythm Technologies Inc.

Johnson & Johnson Services, Inc

Koninklijke Philips N.V.

L’Oreal Group

LifeSignals, Inc.

Medtronic Plc

Qualcomm Technologies, Inc.

VitalConnect, Inc.

VivaLNK

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Electronic

Manual

By end user:

Residential

Commercial

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018

Base year – 2019

Forecast period – 2020 to 2027.

Target Audience of the Global Wearable patch market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)

1.2.1. Wearable Patch Market , by Region, 2018-2027 (USD Billion)

1.2.2. Wearable Patch Market , by Technology , 2018-2027 (USD Billion)

1.2.3. Wearable Patch Market , by Application, 2018-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Wearable Patch Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Wearable Patch Market Dynamics

3.1. Wearable Patch Market Impact Analysis (2018-2027)

3.1.1. Market Drivers

3.1.2. Increasing prevalence of chronic diseases

3.1.3. Rising awareness among consumers regarding wearable patch

3.1.4. Market Challenges

3.1.5. High cost of sensor patch

3.1.6. Market Opportunities

3.1.7. Increasing technological advancements in wearable patch

Chapter 4. Global Wearable Patch Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Wearable Patch Market , by Technology

5.1. Market Snapshot

5.2. Global Wearable Patch Market by Technology , Performance - Potential Analysis

5.3. Global Wearable Patch Market Estimates & Forecasts by Technology 2017-2027 (USD Billion)

5.4. Wearable Patch Market , Sub Segment Analysis

5.4.1. Regular

5.4.2. Connected

Chapter 6. Global Wearable Patch Market , by application

6.1. Market Snapshot

6.2. Global Wearable Patch Market by application, Performance - Potential Analysis

6.3. Global Wearable Patch Market Estimates & Forecasts by application 2017-2027 (USD Billion)

6.4. Wearable Patch Market , Sub Segment Analysis

6.4.1. Clinical

6.4.2. Non Clinical

Chapter 7. Global Wearable Patch Market , Regional Analysis

7.1. Wearable Patch Market , Regional Market Snapshot

7.2. North America Wearable Patch Market

7.2.1. U.S. Wearable Patch Market

7.2.1.1. Technology breakdown estimates & forecasts, 2017-2027

7.2.1.2. Application breakdown estimates & forecasts, 2017-2027

7.2.2. Canada Wearable Patch Market

7.3. Europe Wearable Patch Market Snapshot

7.3.1. U.K. Wearable Patch Market

7.3.2. Germany Wearable Patch Market

7.3.3. France Wearable Patch Market

7.3.4. Spain Wearable Patch Market

7.3.5. Italy Wearable Patch Market

7.3.6. Rest of Europe Wearable Patch Market

7.4. Asia-Pacific Wearable Patch Market Snapshot

7.4.1. China Wearable Patch Market

7.4.2. India Wearable Patch Market

7.4.3. Japan Wearable Patch Market

7.4.4. Australia Wearable Patch Market

7.4.5. South Korea Wearable Patch Market

7.4.6. Rest of Asia Pacific Wearable Patch Market

7.5. Latin America Wearable Patch Market Snapshot

7.5.1. Brazil Wearable Patch Market

7.5.2. Mexico Wearable Patch Market

7.6. Rest of The World Wearable Patch Market

Chapter 8. Competitive Intelligence

8.1. Top Market Strategies

8.2. Company Profiles

8.2.1. Abbott Laboratories

8.2.1.1. Key Information

8.2.1.2. Overview

8.2.1.3. Financial (Subject to Data Availability)

8.2.1.4. Technology Summary

8.2.1.5. Recent Developments

8.2.2. iRhythm Technologies Inc.

8.2.3. Johnson & Johnson Services, Inc

8.2.4. Koninklijke Philips N.V.

8.2.5. L’Oreal Group

8.2.6. LifeSignals, Inc.

8.2.7. Medtronic Plc

8.2.8. Qualcomm Technologies, Inc.

8.2.9. VitalConnect, Inc.

8.2.10. VivaLNK

Chapter 9. Research Process

9.1. Research Process

9.1.1. Data Mining

9.1.2. Analysis

9.1.3. Market Estimation

9.1.4. Validation

9.1.5. Publishing

9.2. Research Attributes

9.3. Research Assumption

List of Tables

TABLE 1. Global Wearable Patch Market , report scope

TABLE 2. Global Wearable Patch Market estimates & forecasts by region 2017-2027 (USD Billion)

TABLE 3. Global Wearable Patch Market estimates & forecasts by Technology 2017-2027 (USD Billion)

TABLE 4. Global Wearable Patch Market estimates & forecasts by application 2017-2027 (USD Billion)

TABLE 5. Global Wearable Patch Market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 6. Global Wearable Patch Market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 7. Global Wearable Patch Market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 8. Global Wearable Patch Market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 9. Global Wearable Patch Market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 10. Global Wearable Patch Market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 11. Global Wearable Patch Market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 12. Global Wearable Patch Market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 13. Global Wearable Patch Market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 14. Global Wearable Patch Market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 15. Global Wearable Patch Market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 16. Global Wearable Patch Market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 17. Global Wearable Patch Market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 18. Global Wearable Patch Market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 19. Global Wearable Patch Market by segment, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 20. Global Wearable Patch Market by region, estimates & forecasts, 2017-2027 (USD Billion)

TABLE 21. U.S. Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 22. U.S. Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 23. U.S. Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 24. Canada Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 25. Canada Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 26. Canada Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 27. UK Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 28. UK Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 29. UK Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 30. Germany Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 31. Germany Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 32. Germany Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 33. France Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 34. France Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 35. France Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 36. Spain Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 37. Spain Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 38. Spain Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 39. Italy Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 40. Italy Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 41. Italy Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 42. ROE Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 43. ROE Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 44. ROE Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 45. China Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 46. China Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 47. China Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 48. India Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 49. India Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 50. India Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 51. Japan Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 52. Japan Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 53. Japan Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 54. Australia Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 55. Australia Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 56. Australia Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 57. South Korea Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 58. South Korea Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 59. South Korea Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 60. ROPAC Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 61. ROPAC Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 62. ROPAC Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 63. Brazil Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 64. Brazil Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 65. Brazil Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 66. Mexico Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 67. Mexico Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 68. Mexico Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 69. ROLA Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 70. ROLA Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 71. ROLA Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 72. ROW Wearable Patch Market estimates & forecasts, 2017-2027 (USD Billion)

TABLE 73. ROW Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 74. ROW Wearable Patch Market estimates & forecasts by segment 2017-2027 (USD Billion)

TABLE 75. List of secondary sources used in the study of global Wearable Patch Market .

TABLE 76. List of primary sources used in the study of global Wearable Patch Market .

TABLE 77. Years considered for the study.

TABLE 78. Exchange rates considered.

 
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