Global Wearable Patch Market Growth at CAGR of 88.
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Dublin, Jan. 06, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global Wearable Patch Market 2016-2020" report to their offering.
The global wearable patch market to grow at a CAGR of 88.27%, in terms of shipment, during the period 2016-2020.
Global Thoracic Surgery Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The increasing popularity of wearable patches is encouraging various industries to enter the global wearable patch market. Several cosmetic companies are entering into the market because of its high growth potential. For instance, Feeligreen has developed an anti-aging medical patch. The company is focusing on the development of an anti-aging patch called dermoPatch. It differs from a regular anti-aging patch as it uses the infusion of technology to apply a micro-current across the skin barrier. It increases the ability of the skin to improve the restoration of molecules. 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. Further, the report states that the integration of sensors into smartphones, tablets, and consumer-end devices and accessories is a challenge faced by vendors in the market. Mobile health and fitness applications use built-in sensors in smartphones to check heart rate, distance walked, steps taken, and calories burned during a workout. This feature has some limitations as it increases the manufacturing cost of wearable patches, which is a challenge for vendors in the market. Key vendors
- Abbott Laboratories
- Gentag
- Insluet
- Kenzen
- Nemaura Medical
- Proteus Digital Health
Other prominent vendors
- CeQur
- Chrono Therapeutics
- Delta Electronics
- Dexcom
- Feeligreen
- FitLinxx
- G-tech Medical
- Hivox
- iRhythm Technologies
- iThermonitor
- Isansys Lifecare
- L'Oréal
- Leaf Healthcare
- Mcio
- Medtronic
- MTG
- Patchology
- Qualcomm
- Sensium Healthcare
- STEMP
- The Ionto Team
- Upright
- Vital Connect
- Valendo
- X2 biosystems
- Ya-Man
- Zansors
Key Topics Covered:
Part 01: Executive summary Part 02: Scope of the report Part 03: Market research methodology Part 04: Introduction Part 05: Industry overview Part 06: Market landscape Part 07: Market segmentation by technology Part 08: Market segmentation by application Part 09: Geographical segmentation Part 10: Market attractiveness Part 11: Buying criteria Part 12: Market drivers Part 13: Impact of drivers Part 14: Market challenges Part 15: Impact of drivers and challenges Part 16: Market trends Part 17: Vendor landscape Part 18: Appendix For more information about this report visit http://www.researchandmarkets.com/research/66...l_wearable
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