Wearable Patch Market, by Technology (Connected, Regular) by Application (Monitoring, Drug Delivery Diagnostics) by End User (Healthcare, Fitness & Sports), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Published In : May 2023

Code : CMI2891

Pages :180

Formats :

Excel and PDF

Industry : Medical Devices

Market Challenges And Opportunities

Global Wearable Patch Market – Driver

Increasing research and development by key players

Increasing research and development by key players is expected to drive the global wearable patch market over the forecast period. For instance, in September 2022, Vivalink, releases biometrics data platform 2.0, increasing remote patient monitoring patient adherence.

Increase in technological advancement

Global Wearable Patch Market: Restraint

High cost of the sensor monitoring patch

High cost of the sensor monitoring patch is expected to hinder the growth of the global wearable patch market over the forecast period. To overcome the overall cost of the sensor wearable patch, companies should minimize the manufacturing cost.