Wearable Patch Market (By Type- Connected, Regular; Market By Application- Clinical, Non-clinical; Market By End Users- Hospital & Clinics, Ambulatory Centers)- Global Industry Size, Share, Trends, and Forecast, 2018-2026

Category : Healthcare and Pharmaceuticals | Delivery Format : PDF | Status: Published | Pages : 0

Introduction

During last few years, there is a significant increase in the demand for the wearable patches. Though, the market for connected wearable patches is in initial stages of development but holds great promise and potential to improve the health of patients at the considerably low cost. Connected patches enable patients and providers to manage, diagnose, and treat patients in a simpler, more convenient, and quick way. Being convenient they are widely used by geriatric population. Technological advancement have been made led to the incorporation of sensor which has increased the accuracy, comfort, and the demonstration in the clinical and non-clinical areas.

Market Dynamics

The global wearable patch market is majorly driven by increasing prevalence of various chronic disease like diabetes, cancer, immunological disease and others. In 2014, according to the by WHO, approximately 422 million people across the globe were suffering from diabetes. Additionally, increasing demand for the better and convenient route of administration for the medication will support the growth of the market. Moreover, increasing awareness among the people, rising per capita income and increased the demand for the better treatment option coupled with increasing government support have boosted the growth of the market during the forecast period. On the other hand, all drugs are not suitable for such mode of route of administration which is the major factors hindering the growth of the market.

Market Classification and Overview

The global wearable patch market is segmented into type, application, end-user, and region.

On the basis of types, the market is segmented into connected and regular.

On the basis of application, the market is segmented into clinical and non-clinical.

Based on the end-user, the market is segmented into hospital & clinics, ambulatory centers, and others.

Regional Overview

Geographically, the global wearable patch market is bifurcated into four regions such as North America, Europe, Asia Pacific (APAC), and Latin America, Middle East & Africa (LAMEA).

North America is expected to hold the major share for the market growth owing to the increasing demand for various medication and increasing prevalence of the various diseases in this region. Additionally, well developed technology and huge government support has supported the growth of the market. Europe accounts for the second leading position in the market followed by Asia Pacific. Asia Pacific is estimated to be the fastest growing region during the forecast period owing to presence of emerging economies, increasing government support, and rising per capita income of the people. China  and India are the major contributor for the market. On the other hand, LAMEA is expected to witness the steady growth owing to the poor economic condition and limited government support.

Report Coverage

Market

Wearable Patch Market

Analysis Period

2015 – 2026

Historic Data

2015 – 2016

Base Year

2017

Forecast Data

2018 – 2026

Market Stratification

 Type, Application, End Users, Geography

Regional Scope

North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)

Report Coverage

Market Trends, Drivers, Restraints, Porter's Five Forces Analysis,

Competitive Analysis, Player Profiling, Value Chain Analysis

 

Market Participants

The wearable patch market comprises of some of the major players such as Abbott Laboratories, Insluet, Gentag, CeQur, Chrono Therapeutics, Proteus Digital Health, Nemaura Medical, OmniPod, HIVOX, X2 Biosystems, Kenzen, FitLinxx, Hivox, G-tech Medical, iRhythm Technologies, iThermonitor, Isansys Lifecare, Leaf Healthcare, Mcio, Delta Electronics, Dexcom, Feeligreen, Medtronic, MTG, Patchology, Qualcomm, The Ionto Team, Upright, Sensium Healthcare, STEMP, Vital Connect, Ya-Man, Valendo, X2 biosystems, and Zansors.

Market Segmentation

Market By Type

  • Connected
  • Regular

Market By Application

  • Clinical
  • Non-clinical

Market By End Users

  • Hospital & Clinics
  • Ambulatory Centers
  • Others

Market By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA

 


Related Reports

Medical Nonwoven Disposables Market (By Product: Incontinence Hygiene Products, Surgical Non-woven Products; By Distribution Channel: Retail Pharmacies, Hospital Pharmacies, Online Platform) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

The global medical nonwoven disposables market is forecasted to grow at a CAGR of 6.6% over the forecast time frame and reach around US$ 26.1 billion by 2026. The report provides analysis of global medical non-woven disposables market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights Nonwovens are a unique category of textile product enginee

Plastic Surgery Instruments Market (By Type: Handheld Surgical Instruments, Electrosurgical Instruments; By Procedure: Face and Head Procedures, Breast Procedures, Body and Extremities Procedures, Reconstruction Surgeries) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

According to Acumen Research and Consulting, the global plastic surgery instruments market size is anticipated to reach around US$ 1.7 billion by 2026 and expected to grow at a CAGR of 8.5% from period 2019 to 2026. Plastic surgery involves the restoration, replacement, alteration and rehabilitation of body regions, such as the head, skin, musculoskeletal, breast and others. The two main kinds of plastic surgery are cosmetic and reconstructive. Cosmetic o

Upper Limb Prosthetics Market (By Component: Prosthetic Arm, Prosthetic Wrist, Prosthetic Shoulder, Prosthetic Elbow, Terminal Devices; By Product: Body Powered Prosthetic Devices, Passive Prosthetic Devices, Hybrid Prosthetic Devices, Myoelectric Prosthetic Devices; By Cause: Vascular Disease and Diabetes, Trauma, Cancer; By End Use: Ambulatory Surgical Centers, Hospitals, Prosthetic Clinics) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

According to Acumen Research and Consulting, the global upper limb prosthetics market size is expected to worth US$ 1.9 billion by 2026 and poised to grow at a CAGR around 10.5 % from period 2019 to 2026. The prothetics of the upper limbs have gone a long way from their ancient origins to advanced and advanced protheses of today's moments.  Today, the highest prothesis implants consist of aluminum, plastics and sophisticated composite components. The

MRI-Guided Neurosurgical Ablation Market (By Product: Accessories, MRI-guided Laser Ablation Systems, MRI-guided Focused Ultrasound Systems, MRI-guided Radiofrequency Ablation Systems; By End-use: Clinics, Ambulatory Surgical Centers, Hospitals) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

According to Acumen Research and Consulting, the global MRI-guided neurosurgical ablation market is forecasted to grow at a CAGR around 4.3% from period 2019 to 2026 and reach around US$ 5.4 billion by 2026. The report provides analysis of global MRI-guided Neurosurgical Ablation market for the period 2015-2026, wherein 2019 to 2026 is the forecast period and 2018 is considered as the base year.  Market Insights An gr

Self-Monitoring Blood Glucose Devices Market (By Product: Continuous Glucose Monitors, Lancets, Self-monitoring Blood Glucose Meters, Testing Strips; By Application: Type 2 Diabetes, Type 1 Diabetes, Gestational Diabetes; By End-Use: Home Usage, Hospitals, Diagnostic Clinics & Centers) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

Introduction According to Acumen Research and Consulting, The global self-monitoring blood glucose devices market size is expected to reach US$ 19 billion by 2026 and market is growing at a CAGR of 5 % from 2019 to 2026. Diabetes is a clinical disorder in which the blood glucose level rises owing to the pancreas ' incapacity to generate insulin. Monitoring glucose is one of the most important measures in the leadership of diabetes

Ovarian Cancer Diagnostics Market (By Diagnosis Type: Imaging, Biopsy, Blood Test, Others; By Cancer Type: Germ Cell Tumor, Stromal Cell Tumor, Epithelial Tumor, Others; By End-Use: Cancer Diagnostic Centers, Hospital Laboratories, Research Institutes, Others) - Global Industry Size, Share, Trends and Forecast 2019 - 2026

Introduction  According to Acumen Research and Consulting, the global ovarian cancer diagnostics market is forecasted to grow at striking CAGR around 5.9 % over the forecast time frame and reach around US$ 1.8 billion by 2026. One of the most prevalent kinds of cancer in females is ovarian cancer. It is a cancer which begins in the ovaries. Ovary is a woman reproductive organ that contains eggs or ova. There are two ovaries i

Cart Summary