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Wearable Patch Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

Wearable Patch Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024

The report on global wearable patch market provides qualitative and quantitative analysis for the period of 2016 to 2024. The report predicts the global wearable patch market to grow with a CAGR of 50.9% over the forecast period of 2018-2024. The study on wearable patch market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific and RoW for the period of 2016 to 2024.

Features such as continuous monitoring of patients body coupled with precise data, minimal interference with body movements and easy connectivity with the various smart phones are some of the pivotal factor that are driving the growth of this market. In addition rise in number of lifestyle diseases too fuel the market growth. However, Lengthy process of governmental approvals and delay in new product launch are hiccups to the market growth. Increasing acceptance of wearable patches in emerging countries and increase adoption towards healthy lifestyle to create lucrative opportunities for wearable patches market.

In 2017, North America dominated the wearable patch market. U.S and Canada are key regions attributing to the growth of these region. Much of the region’s growth is associated due to the increase in the number of health conscious individuals. Also, these patches have extensive usage among athletes, working professionals and individual consumers. Furthermore, most of the major manufacturers of wearable smart patch are from these region which increases the chances of product penetration/adoption among the people. Asia Pacific is expected to grow at the highest CAGR, owing to increasing awareness about wearable patch and rising disposable income.

The report on wearable patch market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global wearable patch market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.

Porter's five forces model in the report provides insights into the competitive rivalry, supplier and buyer positions in the market and opportunities for the new entrants in the global wearable patch market over the period of 2016 to 2024. Further, IGR- Growth Matrix given in the report brings an insight on the investment areas that existing or new market players can consider.

Research Methodology
A) Primary Research
Our primary research involves extensive interviews and analysis of the opinions provided by the primary respondents. The primary research starts with identifying and approaching the primary respondents, the primary respondents are approached through
1. Key Opinion Leaders associated with Infinium Global Research
2. Internal and External subject matter experts
3. Professionals and participants from LinkedIn, Hoovers, Factiva and Bloggers
Our primary research respondents typically include
1. Executives working with leading companies in the market under review
2. Product/brand/marketing managers
3. CXO level executives
4. Regional/zonal/ country managers
5. Vice President level executives.
B) Secondary Research
Secondary research involves extensive exploring through the secondary sources of information available in both public domain and paid sources. At Infinium Global Research, each research study is based on over 500 hours of secondary research accompanied by primary research. The information obtained through the secondary sources is validated through the crosscheck on various data sources.
The secondary sources of the data typically include
1. Company reports and publications
2. Government/institutional publications
3. Trade and associations journals
4. Databases such as WTO, OECD, World Bank, and among others.
5. Websites and publications by research agencies

Segment Covered
The global wearable patch market is segmented on the basis of product, technology, application and end-user.

Global Wearable Patch Market by Product
Temperature Patch
Blood Glucose Patch
Blood Pressure Patch
Heart Rate Patch
ECG Patch
Blood Oxygen Patch
Global Wearable Patch Market by Technology
Connected
Regular
Global Wearable Patch Market by Application
Clinical
Non-clinical
Global Wearable Patch Market by End-User
Healthcare
Fitness And Sports

Company Profiles
Abbott Laboratories
Insluet
Gentag
Proteus Digital Health
Nemaura Medical
OmniPod
HIVOX
X2 Biosystems
Kenzen

How this report delivers?
1. Comprehensive analysis of global as well as regional markets of wearable patch market.
2. Complete coverage of all the segments in wearable patch market to analyze the trends, developments in the global market and forecast of market size up to 2024.
3. Comprehensive analysis of the companies operating in global wearable patch market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and latest developments of the company.
4. IGR- Growth Matrix presents analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.


The report on wearable patch market is a comprehensive study and presentation of drivers, restraints, opportunities, demand factors, market size, forecasts, and trends in the global wearable patch market over the period of 2016 to 2024. Moreover, the report is collective presentation of primary and secondary research findings.

Company Profiles
Abbott Laboratories
Insluet
Gentag
Proteus Digital Health
Nemaura Medical
OmniPod
HIVOX
X2 Biosystems
Kenzen

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