Global Connected Wearable Patches Market Research Report 2023(Status and Outlook)


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Global Connected Wearable Patches Market Research Report 2023(Status and Outlook)



Report Overview

Connected wearable patches include patches, tattoos, or small devices that are affixed to the skin and worn for a limited period of time, ranging from an hour to several weeks. The patches also have an element of wireless connectivity, and have a medical, health, or wellness purpose that can range from monitoring physiological data to delivering medication.

The half of market share in revenue is grasped by the top two manufacturers, Sensium Healthcare and iRhythm, which closes to 50 per cent totally. The United Kingdom manufacturer Sensium Healthcare, which has 27% revenue market share, is the leader in the connected wearable patches industry. The manufacturer following Sensium Healthcare is iRhythm, which has 22% market share globally. North America is the largest consumption place, with a consumption market share nearly 66%. Following North America, Europe is the second largest consumption place with the consumption market share of 14%.

The Global Connected Wearable Patches Market Size was estimated at USD 466.40 million in 2022 and is projected to reach USD 7118.08 million by 2029, exhibiting a CAGR of 0.48 during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Connected Wearable Patches market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Connected Wearable Patches Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Connected Wearable Patches market in any manner.

Global Connected Wearable Patches Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

IRhythm

Medtronic/Zephyr Technology

Sensium Healthcare

Vancive Medical

Vital Connect

Preventice

Gentag Inc.

Ilece IOT

Blue Spark

Chrono Therapeutics

Proteus Digital Health

G-Tech Medical

STEMP

Market Segmentation (by Type)

Clinical Use

Non-Clinical Use

Market Segmentation (by Application)

Off-Board

On-Board

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Connected Wearable Patches Market

Overview of the regional outlook of the Connected Wearable Patches Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Connected Wearable Patches Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Connected Wearable Patches
1.2 Key Market Segments
1.2.1 Connected Wearable Patches Segment by Type
1.2.2 Connected Wearable Patches Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Connected Wearable Patches Market Overview
2.1 Global Market Overview
2.1.1 Global Connected Wearable Patches Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Connected Wearable Patches Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Connected Wearable Patches Market Competitive Landscape
3.1 Global Connected Wearable Patches Sales by Manufacturers (2018-2023)
3.2 Global Connected Wearable Patches Revenue Market Share by Manufacturers (2018-2023)
3.3 Connected Wearable Patches Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Connected Wearable Patches Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Connected Wearable Patches Sales Sites, Area Served, Product Type
3.6 Connected Wearable Patches Market Competitive Situation and Trends
3.6.1 Connected Wearable Patches Market Concentration Rate
3.6.2 Global 5 and 10 Largest Connected Wearable Patches Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Connected Wearable Patches Industry Chain Analysis
4.1 Connected Wearable Patches Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Connected Wearable Patches Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Connected Wearable Patches Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Connected Wearable Patches Sales Market Share by Type (2018-2023)
6.3 Global Connected Wearable Patches Market Size Market Share by Type (2018-2023)
6.4 Global Connected Wearable Patches Price by Type (2018-2023)
7 Connected Wearable Patches Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Connected Wearable Patches Market Sales by Application (2018-2023)
7.3 Global Connected Wearable Patches Market Size (M USD) by Application (2018-2023)
7.4 Global Connected Wearable Patches Sales Growth Rate by Application (2018-2023)
8 Connected Wearable Patches Market Segmentation by Region
8.1 Global Connected Wearable Patches Sales by Region
8.1.1 Global Connected Wearable Patches Sales by Region
8.1.2 Global Connected Wearable Patches Sales Market Share by Region
8.2 North America
8.2.1 North America Connected Wearable Patches Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Connected Wearable Patches Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Connected Wearable Patches Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Connected Wearable Patches Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Connected Wearable Patches Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 IRhythm
9.1.1 IRhythm Connected Wearable Patches Basic Information
9.1.2 IRhythm Connected Wearable Patches Product Overview
9.1.3 IRhythm Connected Wearable Patches Product Market Performance
9.1.4 IRhythm Business Overview
9.1.5 IRhythm Connected Wearable Patches SWOT Analysis
9.1.6 IRhythm Recent Developments
9.2 Medtronic/Zephyr Technology
9.2.1 Medtronic/Zephyr Technology Connected Wearable Patches Basic Information
9.2.2 Medtronic/Zephyr Technology Connected Wearable Patches Product Overview
9.2.3 Medtronic/Zephyr Technology Connected Wearable Patches Product Market Performance
9.2.4 Medtronic/Zephyr Technology Business Overview
9.2.5 Medtronic/Zephyr Technology Connected Wearable Patches SWOT Analysis
9.2.6 Medtronic/Zephyr Technology Recent Developments
9.3 Sensium Healthcare
9.3.1 Sensium Healthcare Connected Wearable Patches Basic Information
9.3.2 Sensium Healthcare Connected Wearable Patches Product Overview
9.3.3 Sensium Healthcare Connected Wearable Patches Product Market Performance
9.3.4 Sensium Healthcare Business Overview
9.3.5 Sensium Healthcare Connected Wearable Patches SWOT Analysis
9.3.6 Sensium Healthcare Recent Developments
9.4 Vancive Medical
9.4.1 Vancive Medical Connected Wearable Patches Basic Information
9.4.2 Vancive Medical Connected Wearable Patches Product Overview
9.4.3 Vancive Medical Connected Wearable Patches Product Market Performance
9.4.4 Vancive Medical Business Overview
9.4.5 Vancive Medical Connected Wearable Patches SWOT Analysis
9.4.6 Vancive Medical Recent Developments
9.5 Vital Connect
9.5.1 Vital Connect Connected Wearable Patches Basic Information
9.5.2 Vital Connect Connected Wearable Patches Product Overview
9.5.3 Vital Connect Connected Wearable Patches Product Market Performance
9.5.4 Vital Connect Business Overview
9.5.5 Vital Connect Connected Wearable Patches SWOT Analysis
9.5.6 Vital Connect Recent Developments
9.6 Preventice
9.6.1 Preventice Connected Wearable Patches Basic Information
9.6.2 Preventice Connected Wearable Patches Product Overview
9.6.3 Preventice Connected Wearable Patches Product Market Performance
9.6.4 Preventice Business Overview
9.6.5 Preventice Recent Developments
9.7 Gentag Inc.
9.7.1 Gentag Inc. Connected Wearable Patches Basic Information
9.7.2 Gentag Inc. Connected Wearable Patches Product Overview
9.7.3 Gentag Inc. Connected Wearable Patches Product Market Performance
9.7.4 Gentag Inc. Business Overview
9.7.5 Gentag Inc. Recent Developments
9.8 Ilece IOT
9.8.1 Ilece IOT Connected Wearable Patches Basic Information
9.8.2 Ilece IOT Connected Wearable Patches Product Overview
9.8.3 Ilece IOT Connected Wearable Patches Product Market Performance
9.8.4 Ilece IOT Business Overview
9.8.5 Ilece IOT Recent Developments
9.9 Blue Spark
9.9.1 Blue Spark Connected Wearable Patches Basic Information
9.9.2 Blue Spark Connected Wearable Patches Product Overview
9.9.3 Blue Spark Connected Wearable Patches Product Market Performance
9.9.4 Blue Spark Business Overview
9.9.5 Blue Spark Recent Developments
9.10 Chrono Therapeutics
9.10.1 Chrono Therapeutics Connected Wearable Patches Basic Information
9.10.2 Chrono Therapeutics Connected Wearable Patches Product Overview
9.10.3 Chrono Therapeutics Connected Wearable Patches Product Market Performance
9.10.4 Chrono Therapeutics Business Overview
9.10.5 Chrono Therapeutics Recent Developments
9.11 Proteus Digital Health
9.11.1 Proteus Digital Health Connected Wearable Patches Basic Information
9.11.2 Proteus Digital Health Connected Wearable Patches Product Overview
9.11.3 Proteus Digital Health Connected Wearable Patches Product Market Performance
9.11.4 Proteus Digital Health Business Overview
9.11.5 Proteus Digital Health Recent Developments
9.12 G-Tech Medical
9.12.1 G-Tech Medical Connected Wearable Patches Basic Information
9.12.2 G-Tech Medical Connected Wearable Patches Product Overview
9.12.3 G-Tech Medical Connected Wearable Patches Product Market Performance
9.12.4 G-Tech Medical Business Overview
9.12.5 G-Tech Medical Recent Developments
9.13 STEMP
9.13.1 STEMP Connected Wearable Patches Basic Information
9.13.2 STEMP Connected Wearable Patches Product Overview
9.13.3 STEMP Connected Wearable Patches Product Market Performance
9.13.4 STEMP Business Overview
9.13.5 STEMP Recent Developments
10 Connected Wearable Patches Market Forecast by Region
10.1 Global Connected Wearable Patches Market Size Forecast
10.2 Global Connected Wearable Patches Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Connected Wearable Patches Market Size Forecast by Country
10.2.3 Asia Pacific Connected Wearable Patches Market Size Forecast by Region
10.2.4 South America Connected Wearable Patches Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Connected Wearable Patches by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Connected Wearable Patches Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Connected Wearable Patches by Type (2024-2029)
11.1.2 Global Connected Wearable Patches Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Connected Wearable Patches by Type (2024-2029)
11.2 Global Connected Wearable Patches Market Forecast by Application (2024-2029)
11.2.1 Global Connected Wearable Patches Sales (K Units) Forecast by Application
11.2.2 Global Connected Wearable Patches Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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