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PUNE, India, Dec. 8, 2016 /PRNewswire-iReach/ -- The global wearable patch market was valued at around $495 million in 2015 and is expected to reach around $5,262 million by 2020. The increasing popularity of wearable patches is encouraging various industries to enter the global wearable patch market. Several cosmetic companies are entering into the market because of its high growth potential. For instance, Feeligreen has developed an anti-aging medical patch. The company is focusing on the development of an anti-aging patch called dermoPatch. It differs from a regular anti-aging patch as it uses the infusion of technology to apply a micro-current across the skin barrier. It increases the ability of the skin to improve the restoration of molecules.
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Complete report on wearable patch market spread across 59 pages, analyzing 6 major companies and providing 34 data exhibits is now available at http://www.reportsnreports.com/reports/779208-global-wearable-patch-market-2016-2020.html
According to the wearable patch market report, wearable patches help people monitor their health conditions to avoid serious health issues. The increase in aging population, rise in number of diseases, and high healthcare costs are major concerns for people. People are becoming increasingly concerned about their health and fitness. The increasing demand for diet programs and mobile health applications is helping the market to grow as it is encouraging more users adopt wearable patches. The increased awareness of wearable patches among consumers is expected to continue to drive the growth of the wearable patch market during the forecast period.
The following companies are the key players in the global wearable patch market: Abbott Laboratories, Gentag, Insluet, Kenzen, Nemaura Medical, and Proteus Digital Health. Other prominent vendors in the market are: CeQur, Chrono Therapeutics, Delta Electronics, Dexcom, Feeligreen, FitLinxx, G-tech Medical, Hivox, iRhythm Technologies, iThermonitor, Isansys Lifecare, L'Oréal, Leaf Healthcare, Mcio, Medtronic, MTG, Patchology, Qualcomm, Sensium Healthcare, STEMP, The Ionto Team, Upright, Vital Connect, Valendo, X2 biosystems, Ya-Man, and Zansors. Order a copy of Global Wearable Patch Market 2016-2020 report @ http://www.reportsnreports.com/purchase.aspx?name=779208
Global Wearable Patch Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The report covers the present scenario and the growth prospects of the global wearable patch market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of wearable patches.
A large number of consumers are investing in health and fitness tracking devices as the healthcare expenses are increasing. Many users are adopting wearable patches for purposes such as calculating calorie intake, monitoring blood pressure, and monitoring the heart rate. One of the key advantages of wearable patches is their easy connectivity and compatibility. These patches are compatible with most of the mobile OS and can connect to any smartphone via Bluetooth, making them more preferred over other health-monitoring devices such as fitness bands and smartwatches.
Further, the wearable patch market report states that the integration of sensors into smartphones, tablets, and consumer-end devices and accessories is a challenge faced by vendors in the market. Mobile health and fitness applications use built-in sensors in smartphones to check heart rate, distance walked, steps taken, and calories burned during a workout.
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(Photo - http://photos.prnewswire.com/prnh/20161208/447003)
Complete report on wearable patch market spread across 59 pages, analyzing 6 major companies and providing 34 data exhibits is now available at http://www.reportsnreports.com/reports/779208-global-wearable-patch-market-2016-2020.html
According to the wearable patch market report, wearable patches help people monitor their health conditions to avoid serious health issues. The increase in aging population, rise in number of diseases, and high healthcare costs are major concerns for people. People are becoming increasingly concerned about their health and fitness. The increasing demand for diet programs and mobile health applications is helping the market to grow as it is encouraging more users adopt wearable patches. The increased awareness of wearable patches among consumers is expected to continue to drive the growth of the wearable patch market during the forecast period.
The following companies are the key players in the global wearable patch market: Abbott Laboratories, Gentag, Insluet, Kenzen, Nemaura Medical, and Proteus Digital Health. Other prominent vendors in the market are: CeQur, Chrono Therapeutics, Delta Electronics, Dexcom, Feeligreen, FitLinxx, G-tech Medical, Hivox, iRhythm Technologies, iThermonitor, Isansys Lifecare, L'Oréal, Leaf Healthcare, Mcio, Medtronic, MTG, Patchology, Qualcomm, Sensium Healthcare, STEMP, The Ionto Team, Upright, Vital Connect, Valendo, X2 biosystems, Ya-Man, and Zansors. Order a copy of Global Wearable Patch Market 2016-2020 report @ http://www.reportsnreports.com/purchase.aspx?name=779208
Global Wearable Patch Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. The report covers the present scenario and the growth prospects of the global wearable patch market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of wearable patches.
A large number of consumers are investing in health and fitness tracking devices as the healthcare expenses are increasing. Many users are adopting wearable patches for purposes such as calculating calorie intake, monitoring blood pressure, and monitoring the heart rate. One of the key advantages of wearable patches is their easy connectivity and compatibility. These patches are compatible with most of the mobile OS and can connect to any smartphone via Bluetooth, making them more preferred over other health-monitoring devices such as fitness bands and smartwatches.
Further, the wearable patch market report states that the integration of sensors into smartphones, tablets, and consumer-end devices and accessories is a challenge faced by vendors in the market. Mobile health and fitness applications use built-in sensors in smartphones to check heart rate, distance walked, steps taken, and calories burned during a workout.
About Us:
ReportsnReports.com is your single source for all market research needs. Our database includes 500,000+ market research reports from over 100+ leading global publishers & in-depth market research studies of over 5000 micro markets. With comprehensive information about the publishers and the industries for which they publish market research reports, we help you in your purchase decision by mapping your information needs with our huge collection of reports.
Media Contact: Ritesh Tiwari, ReportsnReports, + 1 888 391 5441, [email protected]
News distributed by PR Newswire iReach: https://ireach.prnewswire.com
SOURCE ReportsnReports
