Abstract
Summary
Wearable patches can be affixed to the skin and can be worn for a few hours to a couple of weeks. These patches are used for the treatment and delivery of medications such as nicotine. They are also used as anti-aging patches. The connected wearable patches feature wireless connectivity, in addition to the features of regular wearable patches, which help in monitoring the health of an individual and delivering drugs accordingly.
LPI (LP Information)' newest research report, the “Wearable Patch Industry Forecast” looks at past sales and reviews total world Wearable Patch sales in 2022, providing a comprehensive analysis by region and market sector of projected Wearable Patch sales for 2023 through 2029. With Wearable Patch sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wearable Patch industry.
This Insight Report provides a comprehensive analysis of the global Wearable Patch 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 Wearable Patch portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wearable Patch market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wearable Patch 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 Wearable Patch.
The global Wearable Patch market size is projected to grow from US$ 9461.3 million in 2022 to US$ 19510 million in 2029; it is expected to grow at a CAGR of 19510 from 2023 to 2029.
According to the report, wearable patches help people monitor their health conditions to avoid serious health issues. The increase in aging population, rise in number of diseases, and high healthcare costs are major concerns for people. People are becoming increasingly concerned about their health and fitness. The increasing demand for diet programs and mobile health applications is helping the market to grow as it is encouraging more users adopt wearable patches. The increased awareness of wearable patches among consumers is expected to continue to drive the growth of the market during the forecast period.
This report presents a comprehensive overview, market shares, and growth opportunities of Wearable Patch market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Regular Wearable Patch
Connected Wearable Patch
Segmentation by application
Clinical
Non-Clinical
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.
Abbott Laboratories
Gentag
Insluet
Kenzen
Nemaura Medical
Proteus Digital Health
CeQur
Chrono Therapeutics
Delta Electronics
Dexcom
Feeligreen
FitLinxx
G-Tech Medical
Hivox
IRhythm Technologies
IThermonitor
Isansys Lifecare
Loreal
Leaf Healthcare
Mcio
Medtronic
MTG
Patchology
Qualcomm
Sensium Healthcare
STEMP
The Ionto Team
Upright
Vital Connect
Valendo
Key Questions Addressed in this Report
What is the 10-year outlook for the global Wearable Patch market?
What factors are driving Wearable Patch market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Wearable Patch market opportunities vary by end market size?
How does Wearable Patch break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
LPI (LP Information)' newest research report, the “Wearable Patch Industry Forecast” looks at past sales and reviews total world Wearable Patch sales in 2022, providing a comprehensive analysis by region and market sector of projected Wearable Patch sales for 2023 through 2029. With Wearable Patch sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wearable Patch industry.
This Insight Report provides a comprehensive analysis of the global Wearable Patch 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 Wearable Patch portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wearable Patch market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wearable Patch 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 Wearable Patch.
The global Wearable Patch market size is projected to grow from US$ 9461.3 million in 2022 to US$ 19510 million in 2029; it is expected to grow at a CAGR of 19510 from 2023 to 2029.
According to the report, wearable patches help people monitor their health conditions to avoid serious health issues. The increase in aging population, rise in number of diseases, and high healthcare costs are major concerns for people. People are becoming increasingly concerned about their health and fitness. The increasing demand for diet programs and mobile health applications is helping the market to grow as it is encouraging more users adopt wearable patches. The increased awareness of wearable patches among consumers is expected to continue to drive the growth of the market during the forecast period.
This report presents a comprehensive overview, market shares, and growth opportunities of Wearable Patch market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Regular Wearable Patch
Connected Wearable Patch
Segmentation by application
Clinical
Non-Clinical
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.
Abbott Laboratories
Gentag
Insluet
Kenzen
Nemaura Medical
Proteus Digital Health
CeQur
Chrono Therapeutics
Delta Electronics
Dexcom
Feeligreen
FitLinxx
G-Tech Medical
Hivox
IRhythm Technologies
IThermonitor
Isansys Lifecare
Loreal
Leaf Healthcare
Mcio
Medtronic
MTG
Patchology
Qualcomm
Sensium Healthcare
STEMP
The Ionto Team
Upright
Vital Connect
Valendo
Key Questions Addressed in this Report
What is the 10-year outlook for the global Wearable Patch market?
What factors are driving Wearable Patch market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Wearable Patch market opportunities vary by end market size?
How does Wearable Patch break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Wearable Patch Annual Sales 2018-2029
2.1.2 World Current & Future Analysis for Wearable Patch by Geographic Region, 2018, 2022 & 2029
2.1.3 World Current & Future Analysis for Wearable Patch by Country/Region, 2018, 2022 & 2029
2.2 Wearable Patch Segment by Type
2.2.1 Regular Wearable Patch
2.2.2 Connected Wearable Patch
2.3 Wearable Patch Sales by Type
2.3.1 Global Wearable Patch Sales Market Share by Type (2018-2023)
2.3.2 Global Wearable Patch Revenue and Market Share by Type (2018-2023)
2.3.3 Global Wearable Patch Sale Price by Type (2018-2023)
2.4 Wearable Patch Segment by Application
2.4.1 Clinical
2.4.2 Non-Clinical
2.5 Wearable Patch Sales by Application
2.5.1 Global Wearable Patch Sale Market Share by Application (2018-2023)
2.5.2 Global Wearable Patch Revenue and Market Share by Application (2018-2023)
2.5.3 Global Wearable Patch Sale Price by Application (2018-2023)
3 Global Wearable Patch by Company
3.1 Global Wearable Patch Breakdown Data by Company
3.1.1 Global Wearable Patch Annual Sales by Company (2018-2023)
3.1.2 Global Wearable Patch Sales Market Share by Company (2018-2023)
3.2 Global Wearable Patch Annual Revenue by Company (2018-2023)
3.2.1 Global Wearable Patch Revenue by Company (2018-2023)
3.2.2 Global Wearable Patch Revenue Market Share by Company (2018-2023)
3.3 Global Wearable Patch Sale Price by Company
3.4 Key Manufacturers Wearable Patch Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Wearable Patch Product Location Distribution
3.4.2 Players Wearable Patch Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Wearable Patch by Geographic Region
4.1 World Historic Wearable Patch Market Size by Geographic Region (2018-2023)
4.1.1 Global Wearable Patch Annual Sales by Geographic Region (2018-2023)
4.1.2 Global Wearable Patch Annual Revenue by Geographic Region (2018-2023)
4.2 World Historic Wearable Patch Market Size by Country/Region (2018-2023)
4.2.1 Global Wearable Patch Annual Sales by Country/Region (2018-2023)
4.2.2 Global Wearable Patch Annual Revenue by Country/Region (2018-2023)
4.3 Americas Wearable Patch Sales Growth
4.4 APAC Wearable Patch Sales Growth
4.5 Europe Wearable Patch Sales Growth
4.6 Middle East & Africa Wearable Patch Sales Growth
5 Americas
5.1 Americas Wearable Patch Sales by Country
5.1.1 Americas Wearable Patch Sales by Country (2018-2023)
5.1.2 Americas Wearable Patch Revenue by Country (2018-2023)
5.2 Americas Wearable Patch Sales by Type
5.3 Americas Wearable Patch Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Wearable Patch Sales by Region
6.1.1 APAC Wearable Patch Sales by Region (2018-2023)
6.1.2 APAC Wearable Patch Revenue by Region (2018-2023)
6.2 APAC Wearable Patch Sales by Type
6.3 APAC Wearable Patch Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Wearable Patch by Country
7.1.1 Europe Wearable Patch Sales by Country (2018-2023)
7.1.2 Europe Wearable Patch Revenue by Country (2018-2023)
7.2 Europe Wearable Patch Sales by Type
7.3 Europe Wearable Patch Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Wearable Patch by Country
8.1.1 Middle East & Africa Wearable Patch Sales by Country (2018-2023)
8.1.2 Middle East & Africa Wearable Patch Revenue by Country (2018-2023)
8.2 Middle East & Africa Wearable Patch Sales by Type
8.3 Middle East & Africa Wearable Patch Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Wearable Patch
10.3 Manufacturing Process Analysis of Wearable Patch
10.4 Industry Chain Structure of Wearable Patch
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Wearable Patch Distributors
11.3 Wearable Patch Customer
12 World Forecast Review for Wearable Patch by Geographic Region
12.1 Global Wearable Patch Market Size Forecast by Region
12.1.1 Global Wearable Patch Forecast by Region (2024-2029)
12.1.2 Global Wearable Patch Annual Revenue Forecast by Region (2024-2029)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Wearable Patch Forecast by Type
12.7 Global Wearable Patch Forecast by Application
13 Key Players Analysis
13.1 Abbott Laboratories
13.1.1 Abbott Laboratories Company Information
13.1.2 Abbott Laboratories Wearable Patch Product Portfolios and Specifications
13.1.3 Abbott Laboratories Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.1.4 Abbott Laboratories Main Business Overview
13.1.5 Abbott Laboratories Latest Developments
13.2 Gentag
13.2.1 Gentag Company Information
13.2.2 Gentag Wearable Patch Product Portfolios and Specifications
13.2.3 Gentag Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.2.4 Gentag Main Business Overview
13.2.5 Gentag Latest Developments
13.3 Insluet
13.3.1 Insluet Company Information
13.3.2 Insluet Wearable Patch Product Portfolios and Specifications
13.3.3 Insluet Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.3.4 Insluet Main Business Overview
13.3.5 Insluet Latest Developments
13.4 Kenzen
13.4.1 Kenzen Company Information
13.4.2 Kenzen Wearable Patch Product Portfolios and Specifications
13.4.3 Kenzen Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.4.4 Kenzen Main Business Overview
13.4.5 Kenzen Latest Developments
13.5 Nemaura Medical
13.5.1 Nemaura Medical Company Information
13.5.2 Nemaura Medical Wearable Patch Product Portfolios and Specifications
13.5.3 Nemaura Medical Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.5.4 Nemaura Medical Main Business Overview
13.5.5 Nemaura Medical Latest Developments
13.6 Proteus Digital Health
13.6.1 Proteus Digital Health Company Information
13.6.2 Proteus Digital Health Wearable Patch Product Portfolios and Specifications
13.6.3 Proteus Digital Health Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.6.4 Proteus Digital Health Main Business Overview
13.6.5 Proteus Digital Health Latest Developments
13.7 CeQur
13.7.1 CeQur Company Information
13.7.2 CeQur Wearable Patch Product Portfolios and Specifications
13.7.3 CeQur Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.7.4 CeQur Main Business Overview
13.7.5 CeQur Latest Developments
13.8 Chrono Therapeutics
13.8.1 Chrono Therapeutics Company Information
13.8.2 Chrono Therapeutics Wearable Patch Product Portfolios and Specifications
13.8.3 Chrono Therapeutics Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.8.4 Chrono Therapeutics Main Business Overview
13.8.5 Chrono Therapeutics Latest Developments
13.9 Delta Electronics
13.9.1 Delta Electronics Company Information
13.9.2 Delta Electronics Wearable Patch Product Portfolios and Specifications
13.9.3 Delta Electronics Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.9.4 Delta Electronics Main Business Overview
13.9.5 Delta Electronics Latest Developments
13.10 Dexcom
13.10.1 Dexcom Company Information
13.10.2 Dexcom Wearable Patch Product Portfolios and Specifications
13.10.3 Dexcom Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.10.4 Dexcom Main Business Overview
13.10.5 Dexcom Latest Developments
13.11 Feeligreen
13.11.1 Feeligreen Company Information
13.11.2 Feeligreen Wearable Patch Product Portfolios and Specifications
13.11.3 Feeligreen Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.11.4 Feeligreen Main Business Overview
13.11.5 Feeligreen Latest Developments
13.12 FitLinxx
13.12.1 FitLinxx Company Information
13.12.2 FitLinxx Wearable Patch Product Portfolios and Specifications
13.12.3 FitLinxx Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.12.4 FitLinxx Main Business Overview
13.12.5 FitLinxx Latest Developments
13.13 G-Tech Medical
13.13.1 G-Tech Medical Company Information
13.13.2 G-Tech Medical Wearable Patch Product Portfolios and Specifications
13.13.3 G-Tech Medical Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.13.4 G-Tech Medical Main Business Overview
13.13.5 G-Tech Medical Latest Developments
13.14 Hivox
13.14.1 Hivox Company Information
13.14.2 Hivox Wearable Patch Product Portfolios and Specifications
13.14.3 Hivox Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.14.4 Hivox Main Business Overview
13.14.5 Hivox Latest Developments
13.15 IRhythm Technologies
13.15.1 IRhythm Technologies Company Information
13.15.2 IRhythm Technologies Wearable Patch Product Portfolios and Specifications
13.15.3 IRhythm Technologies Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.15.4 IRhythm Technologies Main Business Overview
13.15.5 IRhythm Technologies Latest Developments
13.16 IThermonitor
13.16.1 IThermonitor Company Information
13.16.2 IThermonitor Wearable Patch Product Portfolios and Specifications
13.16.3 IThermonitor Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.16.4 IThermonitor Main Business Overview
13.16.5 IThermonitor Latest Developments
13.17 Isansys Lifecare
13.17.1 Isansys Lifecare Company Information
13.17.2 Isansys Lifecare Wearable Patch Product Portfolios and Specifications
13.17.3 Isansys Lifecare Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.17.4 Isansys Lifecare Main Business Overview
13.17.5 Isansys Lifecare Latest Developments
13.18 Loreal
13.18.1 Loreal Company Information
13.18.2 Loreal Wearable Patch Product Portfolios and Specifications
13.18.3 Loreal Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.18.4 Loreal Main Business Overview
13.18.5 Loreal Latest Developments
13.19 Leaf Healthcare
13.19.1 Leaf Healthcare Company Information
13.19.2 Leaf Healthcare Wearable Patch Product Portfolios and Specifications
13.19.3 Leaf Healthcare Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.19.4 Leaf Healthcare Main Business Overview
13.19.5 Leaf Healthcare Latest Developments
13.20 Mcio
13.20.1 Mcio Company Information
13.20.2 Mcio Wearable Patch Product Portfolios and Specifications
13.20.3 Mcio Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.20.4 Mcio Main Business Overview
13.20.5 Mcio Latest Developments
13.21 Medtronic
13.21.1 Medtronic Company Information
13.21.2 Medtronic Wearable Patch Product Portfolios and Specifications
13.21.3 Medtronic Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.21.4 Medtronic Main Business Overview
13.21.5 Medtronic Latest Developments
13.22 MTG
13.22.1 MTG Company Information
13.22.2 MTG Wearable Patch Product Portfolios and Specifications
13.22.3 MTG Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.22.4 MTG Main Business Overview
13.22.5 MTG Latest Developments
13.23 Patchology
13.23.1 Patchology Company Information
13.23.2 Patchology Wearable Patch Product Portfolios and Specifications
13.23.3 Patchology Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.23.4 Patchology Main Business Overview
13.23.5 Patchology Latest Developments
13.24 Qualcomm
13.24.1 Qualcomm Company Information
13.24.2 Qualcomm Wearable Patch Product Portfolios and Specifications
13.24.3 Qualcomm Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.24.4 Qualcomm Main Business Overview
13.24.5 Qualcomm Latest Developments
13.25 Sensium Healthcare
13.25.1 Sensium Healthcare Company Information
13.25.2 Sensium Healthcare Wearable Patch Product Portfolios and Specifications
13.25.3 Sensium Healthcare Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.25.4 Sensium Healthcare Main Business Overview
13.25.5 Sensium Healthcare Latest Developments
13.26 STEMP
13.26.1 STEMP Company Information
13.26.2 STEMP Wearable Patch Product Portfolios and Specifications
13.26.3 STEMP Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.26.4 STEMP Main Business Overview
13.26.5 STEMP Latest Developments
13.27 The Ionto Team
13.27.1 The Ionto Team Company Information
13.27.2 The Ionto Team Wearable Patch Product Portfolios and Specifications
13.27.3 The Ionto Team Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.27.4 The Ionto Team Main Business Overview
13.27.5 The Ionto Team Latest Developments
13.28 Upright
13.28.1 Upright Company Information
13.28.2 Upright Wearable Patch Product Portfolios and Specifications
13.28.3 Upright Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.28.4 Upright Main Business Overview
13.28.5 Upright Latest Developments
13.29 Vital Connect
13.29.1 Vital Connect Company Information
13.29.2 Vital Connect Wearable Patch Product Portfolios and Specifications
13.29.3 Vital Connect Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.29.4 Vital Connect Main Business Overview
13.29.5 Vital Connect Latest Developments
13.30 Valendo
13.30.1 Valendo Company Information
13.30.2 Valendo Wearable Patch Product Portfolios and Specifications
13.30.3 Valendo Wearable Patch Sales, Revenue, Price and Gross Margin (2018-2023)
13.30.4 Valendo Main Business Overview
13.30.5 Valendo Latest Developments
14 Research Findings and Conclusion