Global Connected Wearable Patches Market: Technologies, Markets and Segments, Application Forecast to 2022

Wearable patches are devices that can be worn on the body to keep a track of various things such as sweat, blood sugar and others. Wearable patches are gaining popularity in the medical industry. They can be used for patient monitoring, delivery of drugs and in sports. Wearable patches are efficient because they can be worn under clothes and are seamless; the patches do not interfere with the movement of the body and can record more data which is precise. Wearable patches are stuck to the skin with the help of an adhesive and may or may not contain sensors or medication. From the perspective of a patient, wearable patches are a sensible option as they can be conveniently worn under clothes. The developers of this device make the use of adhesive that is friendly to the skin and other materials that provide high comfort.

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These wearable patches are waterproof and can be worn for a long period of time. Body patches, like other wearable devices, are an alternate to connected monitoring devices. In outpatient and inpatient stings, these wearable patches help to increase flexibility as it is wireless. Patches also avoid the monitoring devices getting loose accidentally while sleeping or doing other tasks. On the other hand, healthcare providers are switching to wearable patches for accurate data, flexibility and convenience. Patches can also be designed especially for sensitive skin of neonatal patients. Certain wearable patches are suitable for high moisture and level of activity which makes treatments easier for soldiers and laborers who are mostly outdoors. Physicians and other healthcare providers can rely on the wearable patches due to its accuracy and excellent signal quality. Furthermore, the wearable patches provide on-device processing which is extremely helpful for determining physiologic changes and gives alerts on real time basis.

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The connected wearable patches are efficient and with the aim to curtail healthcare costs, however, it is yet in the initial stages of availability and development. With increasing costs of healthcare, the number of people with chronic diseases has also increased along with the aging population. Due to this, healthcare providers, governments and insurance companies are looking for monitors that are cost-efficient in order to diagnose and treat patients which is one the major drives for the connected wearable patches. On the basis of product the connected wearable patches market is segmented into non-clinical use and clinical use. On application basis the market is segmented into treatment and monitoring, wellness and prevention clinical trials and detection and management. The prominent players in the connected wearable patches market are Proteus Digital Health, Sensium Healthcare, iRhythm, Vancive Medical, iLece, STEMP, Gentag Inc., Medtronic/Zephyr Technology, Blue Spark, Preventice, Chrono Therapeutics, Vital Connect and G-Tech Medical. Geographically, the connected wearable patches market is segmented into Europe, Asia Pacific, South America, North America and Middle East and Africa.

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