Press release
Wearable Patch Market; Huge Growth Opportunities by 2025
According to IMARC Group’s latest report, titled “Wearable Patch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global wearable patch market grew at a CAGR of around 18% during 2014-2019. Looking forward, IMARC Group expects the global market to continue its moderate growth during 2020-2025.Request for a free sample copy of this report @ https://www.imarcgroup.com/wearable-patch-market/requestsample
A wearable patch is a smart medical bandage used for disease monitoring, drug delivery, and several medical procedures. It primarily comprises of various electronic components, such as actuators, sensors, and energy storage and communication systems. These components collect data at consistent intervals and transfer it to the connected health information systems (HIS) or smartphones. Few commonly used wearable patches are pain-relieving, nicotine and alcohol detection, and sensor patches that monitor heart rate, blood pressure, temperature, and oxygen levels. These devices are compact, flexible, and perform continuous monitoring of various complex electrocardiogram measurements and physiological parameters without requiring tethering of wires to patients.
Growth Drivers:
The growing geriatric population and increasing prevalence of chronic and lifestyle diseases, such as diabetes, cardiovascular diseases (CVDs), etc., are augmenting the demand for wearable patches. Moreover, the growing health concerns among the population, coupled with elevating healthcare expenditures, also foster the wearable patch market growth. Additionally, the introduction of personalized skin patches that monitor individual’s exposure to pollution, ultraviolet (UV) rays, pollen, and humidity, further bolsters the product demand. Besides this, the emergence of innovative wearable cosmetic patches utilized for melanoma therapies will continue to drive the global wearable patch market growth in the coming years.
Wearable Patch Market 2020-2025 Competitive Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the wearable patch market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
• Abbott Laboratories
• Delta Electronics Inc.
• Gentag Inc.
• Insulet Corp.
• iRhythm Technologies Inc.
• Kenzen Inc.
• MTG UK Co. Ltd.
• Nemaura Medical Inc.
• UpRight Technologies Ltd.
The report has segmented the global wearable patch market on the basis of technology, end use and region.
Breakup by Technology:
• Connected
• Regular
Breakup by End Use:
• Healthcare
• Fitness and Sports
Breakup by Region:
• North America
• United States
• Canada
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
• Russia
• Others
• Latin America
• Brazil
• Mexico
• Others
• Middle East and Africa
Explore full report with table of contents @ https://www.imarcgroup.com/wearable-patch-market
Key highlights of the report:
• Market Performance (2014-2019)
• Market Outlook (2020- 2025)
• The Impact of COVID-19 on the Global Market
• Market Drivers and Success Factors
• Value Chain
• Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
Browse Related Report:
https://www.imarcgroup.com/pet-wearable-market
https://www.imarcgroup.com/smart-building-market
Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com
Email: sales@imarcgroup.com
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wearable Patch Market; Huge Growth Opportunities by 2025 here
News-ID: 2178527 • Views: …
More Releases from Imarc Group
Supercapacitor Market Size to Reach $31.07B by 2033: Trends & Opportunities
Market Overview:
The supercapacitor market is experiencing rapid growth, driven by electrification of automotive systems, renewable energy and grid stabilization, and expansion of industrial automation and robotics. According to IMARC Group's latest research publication, "Supercapacitor Market Size, Share, Trends and Forecast by Product Type, Module Type, Material Type, End Use Industry, and Region, 2025-2033", the global supercapacitor market size was valued at USD 6.41 Billion in 2024. Looking forward, IMARC Group…
Bicycle Market Size to Surpass $102.05B by 2033: Growth & Insights
Market Overview:
The bicycle market is experiencing rapid growth, driven by global expansion of cycling infrastructure, rising health consciousness and preventative wellness, and technological advancements in e-bike propulsion. According to IMARC Group's latest research publication, "Bicycle Market Size, Share, Trends and Forecast by Type, Technology, Price, Distribution Channel, End User, and Region, 2025-2033", The global bicycle market size was valued at USD 67.42 Billion in 2024. Looking forward, IMARC Group estimates…
Baby Food and Infant Formula Market to Reach USD 84.06 Billion by 2033, Growing …
Market Overview:
The Baby Food and Infant Formula Market is experiencing steady expansion, driven by Increasing Awareness of Nutritional Needs for Infants, Rising Number of Working Women, and Technological Advancements and Product Innovation. According to IMARC Group's latest research publication, "Baby Food and Infant Formula Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global baby food and infant formula market size reached USD 53.73 Billion in 2024.…
Breakfast Cereals Market to Reach USD 149.07 Billion by 2033, Growing at a CAGR …
Market Overview:
The Breakfast Cereals Market is experiencing rapid growth, driven by Health and Wellness Awareness, Busy Lifestyles and On-the-Go Demand and Rising Disposable Incomes and Global Market Expansion . According to IMARC Group's latest research publication, "Breakfast Cereals Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global breakfast cereals market size was valued at USD 108.89 Billion in 2024. Looking forward, IMARC Group estimates…
More Releases for Wearable
Wearable Manicure Market
The "Wearable Manicure Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Wearable Manicure Market, 2024-2031
Verified Market Research's most recent report, "Wearable Manicure Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination…
Wearable Biosensors Industry: Unveiling Health Insights through Wearable Technol …
The wearable biosensors market is predicted to rise to US$ 65,400.2 Million by 2033 from an estimated US$ 29,648.8 Million in 2023. From 2023 to 2033, the market for wearable biosensors is anticipated to expand at a CAGR of 8.2%.
The wearable biosensors market is revolutionizing personalized healthcare by enabling real-time monitoring of health parameters and providing valuable insights for individuals. Wearable biosensors, integrated into devices such as smartwatches, fitness bands,…
Pet Wearable
Global Pet Wearable Market is valued approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $$ % over the forecast period 2022-2028. The Pet Wearable can be defined as smart wearable devices intended for pets. These devices are utilized for identification and tracking of pets. Pet wearable comprised of different devices such as Smart Collar, Smart Vest, Smart Harness, and…
Wearable Injectors Market | On-body Wearable Injectors, Off-body Wearable Inject …
A report by Transparency Market Research (TMR) throws light on the key dynamics operating within the global market for wearable injectors. The competitive landscape of the global market for wearable injectors has witnessed the entry of several newbie players over the past decade. This abrupt influx of new vendors can be attributed to the large market gap and lucrative growth opportunities floating in the global wearable injectors market. In order…
WEARABLE TECHNOLOGY REVOLUTION IN THE HEALTHCARE INDUSTRY BY DEVICES (WEARABLE M …
The various scientific advancements are constantly transforming the healthcare industry to improve patient care and diagnosis. The advent of smart wearable technology is modifying the healthcare industry in the form of wearable medical devices. Let’s take a look at some of the most trending gadgets that are enhancing the lives of patients using this user-friendly wearable technology:
Biopatches, Bands, and Phone Pads for Heart Rate Monitoring:
Biopatches are lightweight, wireless diagnostic wearable…
Wearable Electronic Devices Market,Wearable Electronic Devices Industry, Global …
Latest industry research report on: Global Wearable Electronic Devices Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts
This report studies the global Wearable Electronic Devices market status and forecast, categorizes the global Wearable Electronic Devices market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other…
