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Global Wearable Patch Market Revenue, Opportunity, Segment and Key Trends 2018-2024

04-11-2019 02:10 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Infinium Global Research

/ PR Agency: Infinium Global Research
Wearable Patch Market

Wearable Patch Market

We have produced a new premium report Wearable Patch Market. The report covers the analysis of global as well as regional markets of Wearable Patch. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. The report also deep dives into the sub-segments of Wearable Patch Market by product (temperature patch, blood glucose patch, blood pressure patch, heart rate patch, ecg patch and blood oxygen patch), technology (connected and regular), application (clinical and non-clinical) and end-user (healthcare and fitness and sports) through main geographies in the Global Market such as North America, Europe, Asia-Pacific and RoW.

The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encourage the expansion of the Wearable Patch Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global Wearable Patch Market are Abbott Laboratories, Insluet, Gentag, Proteus Digital Health, Nemaura Medical, OmniPod, HIVOX, X2 Biosystems and Kenzen.

For More Details Get Free Sample Pages of this Report@ https://www.infiniumglobalresearch.com/reports/sample-request/1362

North America to Dominate the Global Wearable Smart Patch Market Through 2018-2024

U.S and Canada are key regions attributing to the growth of the North America region. Much of the region’s growth is due to the increase in the number of health conscious individuals. Also, these patches have extensive usage among athletes, working professionals, and individual consumers. Furthermore, most of the major manufacturers of a wearable smart patch are from this region which increases the chances of product penetration/adoption among the people.

Asia Pacific is expected to grow at the highest CAGR, owing to increasing awareness about the wearable patch and rising disposable income.

Advance Feature like Continuous Monitoring of Patients Body and Minimal Interference with Body Movements to Drive Market Growth.

Features such as continuous monitoring of patients body coupled with precise data, minimal interference with body movements and easy connectivity with the various smartphones are some of the pivotal factors that is driving the growth of the market. In addition rise in a number of lifestyle diseases to fuel the market growth.

Increasing Acceptance of Wearable Patches to Create Growth Opportunities in Near Future

Wearable patches are relatively new technology. People living in a developed region are more aware of the wearable smart patch. Increasing acceptance of wearable patches in emerging countries and increase adoption towards healthy lifestyle to create lucrative opportunities for wearable patches market. Besides this new technological innovation in wearable smart patches with new add-on features too could create a demand for wearable smart patches.

MC10’s BioStamp nPoint Biometric Recording System gets FDA Approval

BioStampRC device is a wearable smart patch that is stuck to the patient’s body. It can then continuously record parameters such as the heart rate, step count and movements during sleep. It is primarily used for patient monitoring, however, it is also used for clinical studies that keep a close eye on patient vitals. These devices come with a smartphone for the patient that has a matching app to guide users on how to apply the sensor, do specific routines, and anything else related to their particular study or health situation.

Browse Detailed TOC and Description of this Exclusive Report@https://www.infiniumglobalresearch.com/healthcare-medical-devices/global-wearable-patch-market

Major Key Players mentioned in this Premium Report

The report provides profiles of the companies in the global wearable patch market such as, Abbott Laboratories, Insluet, Gentag, Proteus Digital Health, Nemaura Medical, OmniPod, HIVOX, X2 Biosystems and Kenzen.

Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global wearable patch market. Moreover, IGR-Growth Matrix analysis given in the report brings insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of wearable patch market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the wearable patch market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the wearable patch market to understand the present and future trends in this market and formulate their strategies accordingly.

Infinium Global Research and Consulting Solutions is started with a single motto of being a business partner of the first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.

Infinium Global Research
Office No. 04, 06, Ganadhish Empire,
Rahatani Corner, Pune, MH 411027
Email: info@infiniumglobalresearch.com
Website: www.infiniumglobalresearch.com

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