Global Wearable Patches Market 2023-2029

Wearable patches are a type of wearable technology that can be attached directly to the skin to monitor various physiological parameters, such as heart rate, body temperature, and blood glucose levels. These patches are typically small, lightweight, and flexible, making them comfortable to wear for extended periods of time. Wearable patches use a variety of sensing technologies, such as optical sensors, electrodes, and temperature sensors, to collect data from the body. This data is then transmitted wirelessly to a smartphone or other device for analysis and monitoring. Wearable patches are used in a variety of applications, including healthcare, fitness, and sports. According to the latest research, the global wearable patches market is poised to grow by USD 10.5 billion during 2023-2029, progressing at a CAGR of 11.9% during the forecast period.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global wearable patches market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors' approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the application, and region. The global market for wearable patches can be segmented by application: monitoring and diagnostics, therapeutics. Among these, the monitoring and diagnostics segment was accounted for the highest revenue generator in 2022. Wearable patches market is further segmented by region: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America. North America is estimated to account for the largest share of the global wearable patches market.

Market Segmentation
By application: monitoring and diagnostics, therapeutics
By region: Asia-Pacific, Europe, North America, Middle East and Africa (MEA), South America

The report has also analysed the competitive landscape of the global wearable patches market with some of the key players being Abbott Laboratories, Bittium Corporation, Boston Scientific Corporation, iRhythm Technologies, Inc., Koninklijke Philips N.V., Masimo Corporation, Medtronic plc, OMRON Corporation, Senseonics Holdings, Inc., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
▹ To analyze and forecast the market size of the global wearable patches market.
▹ To classify and forecast the global wearable patches market based on application, region.
▹ To identify drivers and challenges for the global wearable patches market.
▹ To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global wearable patches market.
▹ To identify and analyze the profile of leading players operating in the global wearable patches market.

Why Choose This Report
▹ Gain a reliable outlook of the global wearable patches market forecasts from 2023 to 2029 across scenarios.
▹ Identify growth segments for investment.
▹ Stay ahead of competitors through company profiles and market data.
▹ The market estimate for ease of analysis across scenarios in Excel format.
▹ Strategy consulting and research support for three months.
▹ Print authentication provided for the single-user license.