Wearable Patch Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

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.

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

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