By, smartwatches 20/12/2022

Wearable patch market to reach 9.8% CAGR from 2021 to 2027

The global wearable patch market is segmented by product, application, and region. Products are classified as follows. In 2020, it is recommended that many people with diabetes monitor their blood sugar levels regularly to prevent the development of hyperglycemia or hypoglycemia and to facilitate diabetes control. The blood glucose patch segment dominated the market. Email us at sales@reportocean.com for more information. The report also provides an in-depth analysis of Japan, segmented by application as follows: Wearable patches for healthcare and medical/clinical applications are aimed at diagnosing, treating, and managing specific diseases. Fitness and sports wearable patches, on the other hand, are used by athletes to obtain health data to support optimal energy strategies and performance. The fitness and sports segment is expected to witness good market growth during the forecast period as athletes increasingly use biosensors to optimize their sports performance. By region, we analyze in order of North America, Europe, Asia Pacific, South America, and Middle East America. This is due to the rising prevalence of target diseases, the presence of advanced medical infrastructure, Abbott Laboratories, iRhythm Technologies, Inc., Johnson & Johnson Services, Inc., LifeSignals, Inc., Qualcomm Technologies, Inc., VitalConnect, Inc. This is partly due to the presence of major market participants such as . For example, as of February 2019, cardiovascular disease (CVD) remains the leading cause of death in the United States, according to data released by the American Heart Association (AHA). About 2.7 million Americans have atrial fibrillation and about 800,000 have a stroke each year. Given this situation, the demand for wearable patches is expected to grow in the coming years. Moreover, the Asia-Pacific market is expected to record the fastest CAGR in terms of revenue during the forecast period, owing to growing awareness of wearable patches, increasing disposable income, and increasing use of wearable patches in India, China, and Japan. expected. Players in the wearable patch market are adopting growth strategies such as product launches, mergers and acquisitions (M&A's), and partnerships/cooperations to establish a sustainable position in the market. For example, in October 2019, Abbott Laboratories partnered with Omada Health and Tandem Diabetes Care to increase the impact of its FreeStyle Libre technology. Major Players Major companies operating in the wearable patch market are Abbott Laboratories, Irism Technologies, Johnson & Johnson Services, Koninklijke Philips N.V., L'Oreal Group, LifeSignals, Inc., Medtronic Plc (Zephyr Technology Corporation), Qualcomm Technologies, Inc., VitalConnect, Inc., VivaLNK. KEY RESULTS OF THIS STUDY Please request a free sample page before purchasing the report: https://reportocean.com/industry-verticals/sample-request?report_id=AMR1693We About: We are the premier market research report provider in the industry. Report Ocean believes in providing quality reports to clients to achieve top-line and bottom-line goals of increasing market share in today's competitive environment. Report Ocean is a "one stop solution" for individuals, organizations and industries looking for innovative market research reports. * The following is special information limited to media personnel. Please refrain from disclosing information on personal SNS etc.

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