Global Connected Wearable Patches Market Growth 2023-2029

Global Connected Wearable Patches Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Connected Wearable Patches Industry Forecast” looks at past sales and reviews total world Connected Wearable Patches sales in 2022, providing a comprehensive analysis by region and market sector of projected Connected Wearable Patches sales for 2023 through 2029. With Connected Wearable Patches sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Connected Wearable Patches industry.
This Insight Report provides a comprehensive analysis of the global Connected Wearable Patches landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Connected Wearable Patches portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Connected Wearable Patches market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Connected Wearable Patches and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Connected Wearable Patches.
The global Connected Wearable Patches market size is projected to grow from US$ 696.9 million in 2022 to US$ 11570 million in 2029; it is expected to grow at a CAGR of 11570 from 2023 to 2029.
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%.
This report presents a comprehensive overview, market shares, and growth opportunities of Connected Wearable Patches market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Clinical Use
Non-Clinical Use
Segmentation by application
Monitoring, Detection, and Diagnosis
Managing and Treatment
Health, Wellness, and Prevention
Clinical Trials
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Connected Wearable Patches market?
What factors are driving Connected Wearable Patches market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Connected Wearable Patches market opportunities vary by end market size?
How does Connected Wearable Patches break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.