Pune, India -- (SBWIRE) -- 04/30/2019 -- Global Connected Wearable Patches Market Size and Forecast To 2024
The report provides a unique tool for evaluating the Market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date Marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on market, capacities and technologies and on the changing structure of the Connected Wearable Patches.
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.
The drive forces make connected wearable patches commercial are a growth in the number of people with chronic diseases, aging populations and rising healthcare costs. Due to the slow recovery of global economy, more and more governments, insurance companies and care providers are taking this kind of product as a substation of traditional way to monitor, diagnose, and treat patients in order to save medical expense.
Although sales of connected wearable patches products bring a lot of opportunities, the study group recommend the new entrants who just have money but without technical advantage, raw materials advantage and downstream support, do not enter into the connected wearable patches field hastily.
The worldwide market for Connected Wearable Patches is expected to grow at a CAGR of roughly 59.5% over the next five years, will reach 1570 million US$ in 2024, from 95 million US$ in 2019.
Global Connected Wearable Patches Market Competitive Landscape -
IRhythm, Medtronic/Zephyr Technology, Sensium Healthcare, Vancive Medical, Vital Connect, Preventice, Gentag Inc., ILece, Blue Spark, Chrono Therapeutics, Proteus Digital Health, G-Tech Medical, STEMP.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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The Global Connected Wearable Patches Market Segmentation:
Market Segment by Type, covers:
Clinical Use
Non-Clinical Use
Market Segment by Applications, can be divided into:
Monitoring, Detection & Diagnosis
Managing & Treatment
Health, Wellness & Prevention
Clinical Trials
Connected Wearable Patches Market segmented by Regions:
North America (United States, Canada, Mexico)
Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Philippines, Thailand, Vietnam)
Europe (Germany, France, UK, Italy, Russia, Rest of Europe)
Central & South America (Brazil, Rest of South America)
Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa, Other)
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The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Connected Wearable Patches product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Connected Wearable Patches, with price, sales, revenue and global market share of Connected Wearable Patches in 2017 and 2018.
Chapter 3, the Connected Wearable Patches competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Connected Wearable Patches breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Connected Wearable Patches market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Connected Wearable Patches sales channel, distributors, customers, research findings and conclusion, appendix and data source.
The scope of the Report:
As mentioned earlier: This particular section provides detail information about the overall overview of the company and key developments associated with the specific company. One of the most valuable features of this report is the inclusion of the SWOT analysis of top companies operating in the Connected Wearable Patches Market. The SWOT analysis is helpful in giving information about opportunities, strengths, weaknesses and threats.
The most valuable part of this report is the competitive landscape which consists of all the essential information to examine key player's operational plans in the global Market for Connected Wearable Patches. One of the important characteristics of this report is a detail analysis of key companies vision and their strategies to stay sustain in a Connected Wearable Patches industry.
In this study, the years considered for market sizing of Australia Outplacement Services are as follows:
Historical Year: 2014-2018
Base Year: 2018
Forecast Year: 2019 to 2024
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