Middle East & Africa Wearable Patch Market Size & Outlook
Middle East & Africa wearable patch market, 2016-2027 (US$M)
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MEA wearable patch market highlights
- The MEA wearable patch market generated a revenue of USD 497.0 million in 2020.
- The market is expected to grow at a CAGR of 3.5% 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, South Africa is expected to register the highest CAGR from 2021 to 2027.
MEA data book summary
| Market revenue in 2020 | USD 497.0 million |
| Market revenue in 2027 | USD 632.9 million |
| Growth rate | 3.5% (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, MEA region accounted for 6.2% 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 |
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Middle East & Africa 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 76.26% in 2020. Horizon Databook has segmented the Middle East & Africa 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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa wearable patch market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa wearable patch market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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MEA wearable patch market size, by country, 2016-2027 (US$M)
Middle East & Africa Wearable Patch Market Share, 2020 & 2027 (US$M)
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