Latin America Wearable Patch Market Size & Outlook
Latin America wearable patch market, 2016-2027 (US$M)
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Latin America wearable patch market highlights
- The Latin America wearable patch market generated a revenue of USD 878.9 million in 2020.
- The market is expected to grow at a CAGR of 5.8% from 2021 to 2027.
- In terms of segment, connected wearable was the largest revenue generating technology in 2020.
- Connected Wearable is the most lucrative technology segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2021 to 2027.
Latin America data book summary
| Market revenue in 2020 | USD 878.9 million |
| Market revenue in 2027 | USD 1,300.2 million |
| Growth rate | 5.8% (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 |
| Key market players worldwide | AliveCor, 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, Latin America region accounted for 10.9% of the global wearable patch market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,498.5 million by 2027.
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Wearable Patch Market Scope
Wearable Patch Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 Latin America 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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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 continent-level data and insights on the Latin America wearable patch market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America wearable patch market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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Latin America wearable patch market size, by country, 2016-2027 (US$M)
Latin America Wearable Patch Market Share, 2020 & 2027 (US$M)
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