openPR Logo
Press release

Wearable Patch Market Overview, Growth, Trends, Opportunities and Forecast Till 2026

05-31-2022 08:07 AM CET | Health & Medicine

Press release from: IMARC Group

Wearable Patch Market Overview, Growth, Trends, Opportunities

According to IMARC Group's latest report, titled "Wearable Patch Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026," the global wearable patch market is expected to grow at a CAGR of around 15% during 2021-2026. Wearable patches, also known as electronic skin and smart patches, are used for drug delivery, disease monitoring, and diagnosis. They are small, thin, and flexible and are helpful in maintaining health and wellbeing in patients suffering from prolonged conditions, such as diabetes and cancer. They can be worn or stuck to the skin directly on the affected body part to collect data at regular intervals and transmit information to health information systems (HIS) or even smartphones. Wearable patches can monitor oxygen levels, blood pressure, heart rate, glucose level, and body temperature. Some of the commonly used wearable patches include sweat analyzing patches and pain-relieving patches.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request a Free PDF Sample of the Report: https://www.imarcgroup.com/wearable-patch-market/requestsample

Market Trends and Drivers:

The increasing prevalence of chronic diseases, such as hyperglycemia, diabetes, and cardiovascular diseases (CVDs), represents one of the major factors driving the wearable patch market growth. In addition to this, significant technological innovations are contributing to the market growth. Market players have introduced product variants with advanced features enabling continuous monitoring of patients, coupled with precise data, minimal interference with body movements, and more effortless connectivity with smartphones. Furthermore, rising health consciousness, along with using wearable patches for tracking sports activities through fitness bands and smartwatches, is acting as another major growth-inducing factor. The market is also driven by the continual launch of customized and innovative skin patches that control skin exposure to ultraviolet (UV) rays, pollution, pollen and humidity, and can be used for melanoma therapies, including chemotherapy and radiotherapy. Other factors, including the rising geriatric population, the improving healthcare sector, especially in the developing economies, and rising consumer expenditure capacities, are creating a positive outlook for the market.

Competitive Landscape With Key Players:

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
iRhythm Technologies Inc.
Kenzen Inc.
MTG UK Co. Ltd.
Gentag Inc.
UpRight Technologies Ltd.
Insulet Corp.
Delta Electronics Inc.
Nemaura Medical Inc.

Key Market Segmentation:

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
Asia Pacific
Europe
Latin America
Middle East and Africa

Ask Analyst for Customization and Explore Full Report With TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=2778&flag=C

Key Highlights of the Report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
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.

IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800

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.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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 Overview, Growth, Trends, Opportunities and Forecast Till 2026 here

News-ID: 2641283 • Views: 398

More Releases from IMARC Group

India Facade Market Report, Industry Demand and Growth Forecast 2023-2028
IMARC Group, a leading market research company, has recently releases report titled "India Facade Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the India facade market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. Report Highlights How Big is the India Facade Market? The India facade
Acne Drugs Market Share, Trends, Size, Analysis and Forecast 2023-2028
IMARC Group, a leading market research company, has recently releases report titled, " Acne Drugs Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 ", The study provides a detailed analysis of the industry, including the global acne drugs market growth , share, size and trends forecasts. The report also includes competitor and regional analysis and highlights the latest advances in the market. Report Highlights: How big is the acne
Rainwear Market Size, Share, Trends, Growth and Forecast 2023-2028
IMARC Group, a leading market research company, has recently releases report titled, "Rainwear Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028", The study provides a detailed analysis of the industry, including the global rainwear market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. Report Highlights: How big is the rainwear market? The global rainwear market size
Metabolomics Market Size, Share, Trends, Growth and Forecast 2023-2028
IMARC Group, a leading market research company, has recently releases report titled, "Metabolomics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" The study provides a detailed analysis of the industry, including the global metabolomics market size, share, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market. Report Highlights: How big is the metabolomics market? The global metabolomics market size

All 5 Releases


More Releases for Wearable

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
Wearable Medical Device Market: Wearable health devices offer ‘stitch in time …
Market Highlights Increasing penetration of smartphones and rising number of smartphone based healthcare applications compatible with devices is expected to spur the market demand over the forecast period. Furthermore, growing awareness about physical fitness and increasing preferences for wireless connectivity among the healthcare providers is also projected to impact the industry growth positively. North America regional market is projected to dominate the wearable medical device market, followed by Europe which can
Wearable Technology and IOT Wearable Device Market - The Adoption of Wearable De …
The global wearable technology and IoT wearable device market is foretold to witness lucrative business prospects owing to the ever-increasing demand for wearable devices. Wearable technology includes smart electronic devices that can be worn on the body as accessories. Wearable devices such as smart watches are a good example of Internet of Things. The application base of wearable technology is expanding with the expansion of the technology itself. Consumer electronics such
Wearable Fitness Technology Market - Increasing Consumer Preferences Regarding W …
Wearable fitness technology concerns any kind of electronic product that have been designed to be worn by the person so that it can keep a track of its footsteps, heartbeat so that one can keep himself fit and fine and also give a real time information about the health of the overall body. The global Wearable Fitness Technology market is anticipated to witness a robust growth rate during the forecast