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Wearable Skin Patch Market 2020 (COVID-19 Impact Analysis) Size, Share, Emerging Trends, Sales Revenue, Key Players Analysis, Opportunity Assessment and Regional Forecast to 2026

07-21-2020 03:15 PM CET | Health & Medicine

Press release from: Data Bridge Market Research Pvt. Ltd.

Wearable Skin Patch Market

Wearable Skin Patch Market

Market Analysis: Global wearable skin patch market is registering a healthy CAGR in the forecast period of 2019-2026. This rise in the market can be attributed to the rise in number of lifestyle diseases and awareness of healthy lifestyle and rising number of elderly population.

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Wearable Skin Patch Market report offers noteworthy data along with future forecast and thorough analysis of the market on international and regional level. Some of the data models employed for the research methodology are vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis & vendor share analysis. This market report studies the trends in consumer & supply chain dynamics that have been observed to be helpful in developing production strategies for Healthcare industry. The global Wearable Skin Patch Market analysis report covers market shares for Global, Europe, North America, Asia Pacific and South America.

This Wearable Skin Patch Market research report focuses on numerous industry verticals such as company profile, contact details of manufacturer, product specifications, geographical scope, production value, market structures, recent developments, revenue analysis, market shares & possible sales volume of the company. To attain actionable market insights to form sustainable & money-spinning business strategies with an ease, this market research report is a great option. A team of passionate analysts, skilled researchers & qualified forecasters work meticulously to generate such kind of market report. The credible Wearable Skin Patch Market report describes CAGR (compound annual growth rate) values and its fluctuations for the definite forecast period.

Key Market Competitors: Few of the major market competitors currently working in the global wearable skin patch market are CeQur SA, Chrono Therapeutics Inc., Dexcom, Inc., Nemaura, Abbott, Medtronic, GENTAG, Inc., Insulet Corporation, Kenzen, Inc., G-TECH Services, Inc., HIVOX BIOTEK INC., iRhythm Technologies, Inc., Raiing Medical Company, Isansys Ltd., Sensium Healthcare Ltd, Leaf Healthcare, Inc., Rare Beauty Brands, Qualcomm Technologies, Inc., Indiegogo, Inc., Feeligreen, VitalConnect, UPRIGHT, among others.

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Market Definition: Global Wearable Skin Patch Market

Wearable skin patches are patches that have been attached to the skin for a certain period of time and are used in therapy and medication. They are used both in the delivery of drugs, patient monitoring and in athletics. Skin patches are unique as they stick to one location without any motion interference and assist to record accurate information. These patches are connected with most mobile operating systems and can also be readily connected via Bluetooth, making them an alternative to other health surveillance devices such as fitness bands and watches.

Key Developments in the Market: Wearable Skin Patch Market

In January 2019, L’Oréal had launched its prototype of My Skin Track pH which measures the ph level of the skin which helps to determine the ph level of skin whether it is balanced or not. It uses the microfluidic technology by using quantity of sweat from skin pores through a network of micro-channels which provides a precise pH reading in 15 minutes. This launch had expand the product portfolio of the company and positioned it as a market leader

In October 2018, VivaLNK has partnered with Reckitt Benckiser for distribution and supply of wearable continuous temperature monitor worldwide. The Nurofen FeverSmart and Enfasmart FeverSense are manufactured for parents who wish to track temperature changes in their child for immediate action after detection of a fever. The launch will product market and expand their customer base globally

Segmentation: Global Wearable Skin Patch Market

Wearable Skin Patch Market : By Technology

Regular Wearable
Connected Wearable

Wearable Skin Patch Market : By Application

Clinical applications
Non-Clinical Applications

Wearable Skin Patch Market : By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

Wearable Skin Patch Market Drivers :

Affordable price of the product drives the market growth
 Surging preference for wearable patches in the cosmetic industry is flourishing the market growth
increasing preference for healthy lifestyle is driving the growth of the market
Easy connectivity with smartphones and computing devices are helping to grow this market

Wearable Skin Patch Market Restraints :

trust issues of patients regarding wearable patches hinders the market growth
Integration of sensors in computing devices and various accessories hampers the market growth

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About Data Bridge Market Research:

Data Bridge Market Research is a versatile market research and consulting firm with over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Our coverage of industries include Medical Devices, Pharmaceuticals, Biotechnology, Semiconductors, Machinery, Information and Communication Technology, Automobiles and Automotive, Chemical and Material, Packaging, Food and Beverages, Cosmetics, Specialty Chemicals, Fast Moving Consumer Goods, Robotics, among many others.

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