LAMEA Wearable Patch Market By Technology (Connected Wearable and Regular Wearable), By Application (Non-Clinical and Clinical), By Country, Industry Analysis and Forecast, 2020 - 2026

Analysis of Market Size & Trends

The Latin America, Middle East and Africa Wearable Patch Market would witness market growth of 11.1% CAGR during the forecast period (2020-2026). Wearable patches cab be attached to the skin. It can be worn for some hours to a few weeks. These patches are nowadays gaining more and more attention that can be used for drug delivery, sports, or patient monitoring. These patches are also used for the delivery of medication and treatment such as anti-aging patches and nicotine. The Regular Wearable patches have wireless connectivity in addition to the features that a Connected Wearable patches have. These help in checking the health of an individual and to deliver drugs accordingly.

It is noted that there is increasing number of diagnostic tests due to outbreak of COVID-19 has led to in the necessity for incorporation of these data into health information systems (HIS). The growing incidences of chronic diseases and the increasing geriatric population in turn has resulted in the rise in the number of diagnostic procedures that are performed globally. Sensor patches are nowadays being acknowledged in the healthcare sector for diagnostics applications because the current and historical data that are collected by sensor patches support clinicians with exact diagnostics. The opportunity for diagnostics sensor patches in childcare is rising because infants cannot talk about their health status.

Based on Technology, the market is segmented into Connected Wearable and Regular Wearable. Based on Application, the market is segmented into Non-Clinical and Clinical. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: Wearable Patch Market in LAMEA is expected to register a CAGR of 11.1% during the forecast period (2020-2026)

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include DexCom, Inc., Abbott Laboratories, Koninklijke Philips N.V., Smith & Nephew PLC (Leaf Healthcare, Inc.), Qualcomm, Inc., L'Oreal Group, VivaLNK, Inc., Cardiac Insight, Inc., AliveCor, Inc. and LifeSignals Group, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Technology

• Connected Wearable
• Regular Wearable

By Application

• Non-Clinical
• Clinical

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA

Companies Profiled

• DexCom, Inc.
• Abbott Laboratories
• Koninklijke Philips N.V.
• Smith & Nephew PLC (Leaf Healthcare, Inc.)
• Qualcomm, Inc.
• L'Oreal Group
• VivaLNK, Inc.
• Cardiac Insight, Inc.
• AliveCor, Inc.
• LifeSignals Group, Inc.