Global Wearable Patch Market Size & Outlook, 2020-2027
Global wearable patch market, 2016-2027 (US$M)
Related Markets
Global wearable patch market highlights
- The global wearable patch market generated a revenue of USD 8,034.0 million in 2020 and is expected to reach USD 12,280.2 million by 2027.
- The market is expected to grow at a CAGR (2021 - 2027) of 6.2% by 2027.
- In terms of segment, connected wearable accounted for a revenue of USD 6,130.7 million in 2020.
- Connected Wearable is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2020.
- Country-wise, UAE is expected to register the highest CAGR from 2021 to 2027.
Global data book summary
| Market revenue in 2020 | USD 8,034.0 million |
| Market revenue in 2027 | USD 12,280.2 million |
| Growth rate | 6.2% (CAGR from 2020 to 2027) |
| Largest segment | Connected wearable |
| Fastest growing segment | Connected Wearable |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Regular Wearable, Connected Wearable |
Other key industry trends
- In terms of revenue, the North America accounted for 35.7% of the global wearable patch market in 2020.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, UAE is the fastest growing regional market and is projected to reach USD 68.6 million by 2027.
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Wearable Patch Market Scope
Wearable Patch Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global wearable patch market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wearable patch market will help companies and investors design strategic landscapes.
Connected wearable was the largest segment with a revenue share of 76.31% in 2020. Horizon Databook has segmented the Global wearable patch market based on regular wearable, connected wearable covering the revenue growth of each sub-segment from 2016 to 2027.
- Global Wearable Patch Technology Outlook (Revenue, USD Million, 2016-2027)
- Regular Wearable
- Connected Wearable
- Global Wearable Patch Application Outlook (Revenue, USD Million, 2016-2027)
- Clinical
- Non-clinical
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Our clientele includes a mix of wearable patch market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global wearable patch market, including forecasts for subscribers. This global databook contains high-level insights into Global wearable patch market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
Partial client list
Global wearable patch market size, by regions, 2016-2027 (US$M)
Top 10 countries: Wearable patch market size, 2020 (US$M)
Global wearable patch market share, by technology, 2020 & 2027 (%, US$M)
Wearable patch market: Opportunity assessment by country
Global wearable patch market, by region, 2020 (US$M)
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