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Wearable Patch Market 2021 Growth, COVID Impact, Trends Analysis Report 2027

05-31-2021 02:52 PM CET | IT, New Media & Software

Press release from: Orion Market RePORTS

The global wearable patch market size was valued at $7.7 billion in 2019 and is expected to expand at a CAGR of 6% from 2021 to 2027. Wearable patches are known as electronic skins or smart patches. They are used to monitor disease, diagnosis, and drug delivery, and to maintain the health of elderly patients suffering from chronic conditions like diabetes. The market is expected to witness profitable growth owing to increased R&D investment for the development of wearable patches. Wearable patches, such as transdermal patches and scopolamine patches, are attached directly to infected body parts for disease monitoring. For example, nicotine patches are used in nicotine replacement therapy (NRT) to release nicotine into the body and prevent smoking.

A full report of Wearable Patch Market available at https://www.orionmarketreports.com/wearable-patch-market/55760/

Wearable Patch Market: Segmentation

By Product

• Temperature Patch
• Blood Glucose Patch
• Blood Pressure Patch
• Heart Rate Patch & ECG Patch
• Skin Care Patch
• Others

By End Use

• Healthcare
• Fitness & Sports

Key Players

• AliveCor, Inc
• VivaLNK, Inc
• Cardiac Insight Inc
• VitalConnect
• LifeSignals, Inc
• L’Oreal Group
• Dexcom, Inc
• GENTAG, Inc
• Abbott Laboratories
• Koninklijke Philips N.V.
• Sensium Healthcare Ltd
• Leaf Healthcare, Inc
• Qualcomm Technologies, Inc

The report covers the following objectives:

• Proliferation and maturation of trade in the Wearable Patch Market.
• The market share of the Wearable Patch Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Wearable Patch Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Wearable Patch Market.

Key Questions Answered by Wearable Patch Market Report

• What was the Wearable Patch Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Wearable Patch Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
• Which manufacturer/vendor/players in the Wearable Patch Market was the market leader in 2020?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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