Global Connected Wearable Patches Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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.
According to our (Global Info Research) latest study, the global Connected Wearable Patches market size was valued at USD 733 million in 2022 and is forecast to a readjusted size of USD 10150 million by 2029 with a CAGR of 45.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The half of market share in revenue is grasped by the top two manufacturers, Sensium Healthcare and iRhythm, which closes to 50 per cent totally. The United Kingdom manufacturer Sensium Healthcare, which has 27% revenue market share, is the leader in the connected wearable patches industry. The manufacturer following Sensium Healthcare is iRhythm, which has 22% market share globally. North America is the largest consumption place, with a consumption market share nearly 66%. Following North America, Europe is the second largest consumption place with the consumption market share of 14%.
This report is a detailed and comprehensive analysis for global Connected Wearable Patches market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Connected Wearable Patches market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Connected Wearable Patches market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Connected Wearable Patches market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Connected Wearable Patches market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Connected Wearable Patches
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Connected Wearable Patches market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include IRhythm, Medtronic/Zephyr Technology, Sensium Healthcare, Vancive Medical and Vital Connect, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Connected Wearable Patches market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Clinical Use
    Non-Clinical Use
Market segment by Application
    Monitoring, Detection, and Diagnosis
    Managing and Treatment
    Health, Wellness, and Prevention
    Clinical Trials
Major players covered
    IRhythm
    Medtronic/Zephyr Technology
    Sensium Healthcare
    Vancive Medical
    Vital Connect
    Preventice
    Gentag Inc.
    Ilece IOT
    Blue Spark
    Chrono Therapeutics
    Proteus Digital Health
    G-Tech Medical
    STEMP
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Connected Wearable Patches product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Connected Wearable Patches, with price, sales, revenue and global market share of Connected Wearable Patches from 2018 to 2023.
Chapter 3, the Connected Wearable Patches competitive situation, sales quantity, 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 quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Connected Wearable Patches market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Connected Wearable Patches.
Chapter 14 and 15, to describe Connected Wearable Patches sales channel, distributors, customers, research findings and conclusion.