Connected Wearable Patches Market OverviewGenerally, connected wearable patches are used to monitor and diagnose cardiovascular, respiratory, and diabetes parameters. The global connected wearable patch market is expected to witness a high growth rate over the next few years. The key factor such as the rising prevalence of chronic diseases across the world is anticipated to boost the growth of the connected wearable patches market. According to World Health Organization, in 2019, an estimated 1.5 million deaths were directly caused by diabetes. Another 2.2 million deaths were attributable to high blood glucose in 2012. In addition, the American Heart Association indicates that 116.4 million, or 46% of US adults are estimated to have hypertension.
Moreover, owing to the easier use of the wearable patches, its adoption rate is higher amongst the patient for better compliance. This is likely to propel the growth of the market development. Additionally, the rise in demand for integrated technologies across the globe is mainly due to the growing awareness about the Internet of Things, and technological development is projected to fuel the connected wearable patch market growth in the coming years.
Additionally, the current outbreak of the covid-19 has encouraged health care organizations to focus on monitoring temperatures of infected patients. The traditional thermometers usage for many patients so it makes the risk of infection. Blue Spark Technologies offers the TempTraq. It is a disposable temperature monitor, a single-use patch ideal for temperature monitoring, there is no need to direct contact with the patient. Therefore, increasing adoption of single-use products will create a profitable opportunity for the global connected wearable patch market in the forthcoming period.
Connected Wearable Patches Market Segment OverviewBased on the end user, the Hospitals & Specialty Clinics segment has the highest share of the market. The connected wearable patches help to collect information at regular intervals and transmit the data to connected devices such as smartphones and laptops. The physicians and nurses have access to a real-time, continuous flow of data, allowing trends to be detected that can avert patient deterioration. Furthermore, the growing old age population worldwide is increasing the chronic diseases such as cardiovascular and diabetes. This is another noteworthy factor that contributes more to the market’s growth. As well, the hospital care shift to home care is also likely to expand the market’s growth in the near future.
Connected Wearable Patches Market Regional OverviewRegion-wise, North America is expected to dominate the global connected wearable patch market during the forecast period. Some important factors such as the presence of key players, the introduction of new products, and the huge adoption of technically advanced products are boosting the market’s growth in this region. Similarly, Asia Pacific is projected to hold a major share of the market. This is attributed to the growing usage of technically advanced products, rising awareness and appearance of telemedicine as well as increasing inclination towards wearable medical technology in the region.
Connected Wearable Patches Market Competitor overview· In February 2020, Caretaker Medical, a leader in clinical-grade wireless patient monitoring and maker of the Caretaker® wearable patient monitor that utilizes a simple Finger Cuff to measure Real-time “Beat by Beat” Continuous Blood Pressure, Respiration Rate, and other hemodynamic parameters, has incorporated VivaLNK’s FDA-Cleared ECG Patch to their wireless patient monitoring platform.
Connected Wearable Patches Market, Key Players· VitalConnect
· Biobeat
· LifeSignals
· iRhythm Technologies, Inc.
· Caretaker, LLC
· Dexcom, Inc.
· Blue Spark Technologies
· MEDTRONIC/ZEPHYR TECHNOLOGY
· Sensium Healthcare
· VANCIVE MEDICAL
· PREVENTICE
· Gentag Inc.
· Ilece IOT
· Chrono Therapeutics
Connected Wearable Patches Market SegmentationConnected Wearable Patches Market, By Product
- Cardiovascular
- Heart Rate
- Blood Pressure
- Others
- Respiratory
- Oxygen Saturation
- Respiratory rate
- Diabetes
- Others
Connected Wearable Patches Market, By Application
· Monitoring & Diagnosis
· Health & Fitness
· Others
Connected Wearable Patches Market, By End User
· Hospitals & Specialty Clinics
· Home Care
· Ambulatory Surgical Centers
· Others
Connected Wearable Patches Market, By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East and Africa
- GCC
- South Africa
- Rest of Middle East and Africa
List of Figures
Figure 1: Global Connected Wearable Patches Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Connected Wearable Patches Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Connected Wearable Patches Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Connected Wearable Patches Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Connected Wearable Patches Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Connected Wearable Patches Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Connected Wearable Patches Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Connected Wearable Patches Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Connected Wearable Patches Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Connected Wearable Patches Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Connected Wearable Patches Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Connected Wearable Patches Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Connected Wearable Patches Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Connected Wearable Patches Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Connected Wearable Patches Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Connected Wearable Patches Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Connected Wearable Patches Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Connected Wearable Patches Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Connected Wearable Patches Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Connected Wearable Patches Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Connected Wearable Patches Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Connected Wearable Patches Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Connected Wearable Patches Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Connected Wearable Patches Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Connected Wearable Patches Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Connected Wearable Patches Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Connected Wearable Patches Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Connected Wearable Patches Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Connected Wearable Patches Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Connected Wearable Patches Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Connected Wearable Patches Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Connected Wearable Patches Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Connected Wearable Patches Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Connected Wearable Patches Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Connected Wearable Patches Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Connected Wearable Patches Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Connected Wearable Patches Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Connected Wearable Patches Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Connected Wearable Patches Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Connected Wearable Patches Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Connected Wearable Patches Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Connected Wearable Patches Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Connected Wearable Patches Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Connected Wearable Patches Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Connected Wearable Patches Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Connected Wearable Patches Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Connected Wearable Patches Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Connected Wearable Patches Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Connected Wearable Patches Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Connected Wearable Patches Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Connected Wearable Patches Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Connected Wearable Patches Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Connected Wearable Patches Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Connected Wearable Patches Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Connected Wearable Patches Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
