Canada Wearable Patch Market Size & Outlook, 2020-2027

The wearable patch market in Canada is expected to reach a projected revenue of US$ 391.9 million by 2027. A compound annual growth rate of 4.5% is expected of Canada wearable patch market from 2021 to 2027.
Revenue, 2020 (US$M)
$288.0
Forecast, 2027 (US$M)
$391.9
CAGR, 2021 - 2027
4.5%
Report Coverage
Canada

Canada wearable patch market highlights

  • The Canada wearable patch market generated a revenue of USD 288.0 million in 2020 and is expected to reach USD 391.9 million by 2027.
  • The Canada market is expected to grow at a CAGR of 4.5% from 2021 to 2027.
  • In terms of segment, connected wearable was the largest revenue generating technology in 2020.
  • Regular Wearable is the most lucrative technology segment registering the fastest growth during the forecast period.


Wearable patch market data book summary

Market revenue in 2020USD 288.0 million
Market revenue in 2027USD 391.9 million
Growth rate4.5% (CAGR from 2020 to 2027)
Largest segmentConnected wearable
Fastest growing segmentRegular Wearable
Historical data2016 - 2019
Base year2020
Forecast period2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationRegular Wearable, Connected Wearable
Key market players worldwideAliveCor, Cardiac Insight, VitalConnect, LifeSignals, DexCom Inc, Abbott Laboratories, Koninklijke Philips NV, Smith & Nephew PLC, Qualcomm Inc, Vivalink, L'Oreal SA, GENTAG, Sensium Healthcare


Other key industry trends

  • In terms of revenue, Canada accounted for 3.6% of the global wearable patch market in 2020.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2027.
  • In North America, U.S. wearable patch market is projected to lead the regional market in terms of revenue in 2027.
  • U.S. is the fastest growing regional market in North America and is projected to reach USD 4,085.0 million by 2027.

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Wearable Patch Market Companies

Name Profile # Employees HQ Website

Canada 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 76.22% in 2020. Horizon Databook has segmented the Canada wearable patch market based on regular wearable, connected wearable covering the revenue growth of each sub-segment from 2016 to 2027.


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Target buyers of Canada wearable patch market databook

  • 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 country-level data and insights on the Canada wearable patch market, including forecasts for subscribers. This country databook contains high-level insights into Canada wearable patch market from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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Canada wearable patch market size, by technology, 2016-2027 (US$M)

Canada Wearable Patch Market Share, 2020 & 2027 (US$M)

Canada wearable patch market size, by technology, 2016-2027 (US$M)

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