The market of Wearable Patch is anticipated to grow at a significant CAGR during forecast period. Advanced medical bandages worn on the body for illness monitoring, drug delivery, diagnosis, and patient well-being are referred to as wearable patches. Sensors, actuators, energy storage and communication systems are among the electronic components found in the patches. They capture data at regular intervals and send it to smartphones or health information systems (HIS).
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Other growth-inducing variables include technical improvements such as the development of customised skin patches that monitor an individual’s exposure to ultraviolet (UV) radiation, pollution, pollen, and humidity. Manufacturers are also working on novel wearable cosmetic patches that can be used in conjunction with melanoma treatments such as chemotherapy and radiotherapy. Other reasons, such as an ageing population, rising healthcare costs, and considerable advances in healthcare infrastructure, particularly in developing nations, are expected to propel the market expansion.
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- Market Coverage
- Market number available for – 2024-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Wearable Patch Market- Segmentation
By Technology
- Regular Wearable
- Connected Wearables
By Application
- Clinical
- Non Clinical
Global Wearable Patch Market – By Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
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