A quick peek into the report
Table of Contents
1.1 Market Outlook
1.1.1 Product Definition
1.1.2 Inclusion and Exclusion Criteria
1.1.3 Key Findings
1.1.4 Global Market Scenario
1.1.4.1 Realistic Growth Scenario
1.1.4.2 Optimistic Growth Scenario
1.1.4.3 Pessimistic Growth Scenario
1.2 Industry Outlook
1.2.1 Key Trends
1.2.1.1 Seamless Connectivity among Devices
1.2.1.2 Use of Wearable Patches to Improve Patient Healthcare Outcomes with Machine Learning Algorithms
1.2.1.3 Increase in Adoption of Wearable Patches for Homecare Settings
1.2.2 Technology Landscape
1.2.3 Product Benchmarking
1.2.4 Wearable Patch Material
1.2.5 Patent Analysis
1.2.5.1 Patent Publication Growth Trend
1.2.5.2 Patent Analysis (by Country/Cluster)
1.3 Impact of COVID-19
1.3.1 Rise in the Adoption of Wearable Patches
1.3.2 Data Collection and Saving of Medical Records
1.3.3 Impact on Market Size
1.3.3.1 Pre-COVID-19 Phase
1.3.3.2 During COVID-19 Phase
1.3.3.3 Post-COVID-19 Phase
1.4 Business Dynamics
1.4.1 Impact Analysis
1.4.2 Business Drivers
1.4.2.1 Continuous Monitoring and Minimum Interference with Body Movement for Measurement of Vital Signs of Patients
1.4.2.2 Increasing Prevalence of Chronic Disorders (Diabetes, Strokes, etc.)
1.4.2.3 Rising Technological Advancement (Increased Connectivity with Cellphones and Precise Data)
1.4.2.4 Growing Geriatric Population
1.4.3 Business Restraints
1.4.3.1 High Cost and Lack of Adequate Reimbursement Limiting the Adoption of Wearable Patches
1.4.3.2 Concerns Regarding Data Privacy and Security of the Data Collected from Wearable Patches
1.4.4 Business Opportunities
1.4.4.1 Having an End-to-End Platform for Services
1.4.4.2 AI Algorithms for Wearable Patches for Better Clinical Outcome
2.1 Europe
2.1.1 Key Finding and Opportunity Assessment
2.1.2 Regulatory Framework
2.1.3 Reimbursement Scenario
2.1.4 Market Dynamics
2.1.4.1 Impact Analysis
2.1.4.2 Market Drivers
2.1.4.3 Market Restraints
2.1.5 Market Sizing and Forecast
2.1.5.1 Europe Wearable Patches Market (by Application)
2.1.5.2 Europe Wearable Patches Market (by Usage Type)
2.1.5.3 Europe Wearable Patches Market (by End User)
2.1.5.4 Europe Wearable Patches Market (by Country)
2.1.5.4.1 Germany
2.1.5.4.1.1 Market Dynamics
2.1.5.4.1.1.1 Business Drivers
2.1.5.4.1.1.2 Business Restraints
2.1.5.4.1.2 Key Companies
2.1.5.4.1.3 Raw Material Supplying Companies
2.1.5.4.1.4 Pricing Trend
2.1.5.4.1.5 Recent Developments
2.1.5.4.1.6 Units Sold
2.1.5.4.1.7 Market Sizing and Forecast
2.1.5.4.1.7.1 Germany Wearable Patches Market (by Application)
2.1.5.4.1.7.2 Germany Wearable Patches Market (by End User)
2.1.5.4.1.7.3 Germany Wearable Patches Market (by Usage Type)
2.1.5.4.2 France
2.1.5.4.2.1 Market Dynamics
2.1.5.4.2.1.1 Business Drivers
2.1.5.4.2.1.2 Business Restraints
2.1.5.4.2.2 Key Companies
2.1.5.4.2.3 Raw Material Supplying Companies
2.1.5.4.2.4 Pricing Trend
2.1.5.4.2.5 Recent Developments
2.1.5.4.2.6 Units Sold
2.1.5.4.2.7 Market Sizing and Forecast
2.1.5.4.2.7.1 France Wearable Patches Market (by Application)
2.1.5.4.2.7.2 France Wearable Patches Market (by End User)
2.1.5.4.2.7.3 France Wearable Patches Market (by Usage Type)
2.1.5.4.3 U.K.
2.1.5.4.3.1 Market Dynamics
2.1.5.4.3.1.1 Business Drivers
2.1.5.4.3.1.2 Business Restraints
2.1.5.4.3.2 Key Companies
2.1.5.4.3.3 Raw Material Supplying Companies
2.1.5.4.3.4 Pricing Trend
2.1.5.4.3.5 Recent Developments
2.1.5.4.3.6 Units Sold
2.1.5.4.3.7 Market Sizing and Forecast
2.1.5.4.3.7.1 U.K. Wearable Patches Market (by Application)
2.1.5.4.3.7.2 U.K. Wearable Patches Market (by End User)
2.1.5.4.3.7.3 U.K. Wearable Patches Market (by Usage Type)
2.1.5.4.4 Italy
2.1.5.4.4.1 Market Dynamics
2.1.5.4.4.1.1 Business Drivers
2.1.5.4.4.1.2 Business Restraints
2.1.5.4.4.2 Key Companies
2.1.5.4.4.3 Raw Material Supplying Companies
2.1.5.4.4.4 Pricing Trend
2.1.5.4.4.5 Recent Developments
2.1.5.4.4.6 Units Sold
2.1.5.4.4.7 Market Sizing and Forecast
2.1.5.4.4.7.1 Italy Wearable Patches Market (by Application)
2.1.5.4.4.7.2 Italy Wearable Patches Market (by End User)
2.1.5.4.4.7.3 Italy Wearable Patches Market (by Usage Type)
2.1.5.4.5 Spain
2.1.5.4.5.1 Market Dynamics
2.1.5.4.5.1.1 Business Drivers
2.1.5.4.5.1.2 Business Restraints
2.1.5.4.5.2 Key Companies
2.1.5.4.5.3 Raw Material Supplying Companies
2.1.5.4.5.4 Pricing Trend
2.1.5.4.5.5 Units Sold
2.1.5.4.5.6 Market Sizing and Forecast
2.1.5.4.5.6.1 Spain Wearable Patches Market (by Application)
2.1.5.4.5.6.2 Spain Wearable Patches Market (by End User)
2.1.5.4.5.6.3 Spain Wearable Patches Market (by Usage Type)
2.1.5.4.6 Rest-of-Europe
2.1.5.4.6.1 Market Dynamics
2.1.5.4.6.1.1 Business Drivers
2.1.5.4.6.1.2 Business Restraints
2.1.5.4.6.2 Key Companies
2.1.5.4.6.3 Raw Material Supplying Companies
2.1.5.4.6.4 Pricing Trend
2.1.5.4.6.5 Recent Developments
2.1.5.4.6.6 Units Sold
2.1.5.4.6.7 Market Sizing and Forecast
2.1.5.4.6.7.1 Rest-of-Europe Wearable Patches Market (by Application)
2.1.5.4.6.7.2 Rest-of-Europe Wearable Patches Market (by End User)
2.1.5.4.6.7.3 Rest-of-Europe Wearable Patches Market (by Usage Type)
3.1 Competitive Landscape
3.1.1 Regulatory and Legal Activities
3.1.2 New Offerings
3.1.3 Partnerships, Collaborations, and Business Expansions
3.1.4 Mergers and Acquisitions
3.1.5 Funding Activities
3.2 Company Profile
3.2.1 Established Companies
3.2.1.1 Bittium Corporation
3.2.1.1.1 Company Overview
3.2.1.1.2 Role of Bittium Corporation in the Wearable Patches Market
3.2.1.1.3 Financials
3.2.1.1.4 Recent Developments
3.2.1.1.5 Analyst Perspective
3.2.1.2 Koninklijke Philips N.V.
3.2.1.2.1 Company Overview
3.2.1.2.2 Role of Koninklijke Philips N.V. in the Wearable Patches Market
3.2.1.2.3 Product Portfolio
3.2.1.2.4 Financials
3.2.1.2.5 Recent Developments
3.2.1.2.6 Analyst Perspective
3.2.1.3 Medtronic plc
3.2.1.3.1 Company Overview
3.2.1.3.2 Role of Medtronic plc in the Wearable Patches Market
3.2.1.3.3 Financials
3.2.1.3.4 Recent Developments
3.2.1.3.5 Analyst Perspective
3.2.2 Sample Company
3.2.2.1 Overview
3.2.2.2 Top Products / Product Portfolio
3.2.2.3 Top Competitors
3.2.2.4 Target Customers
3.2.2.5 Key Personnel
3.2.2.6 Analyst View
3.2.2.7 Market Share
3.2.3 Sample Company
3.2.3.1 Overview
3.2.3.2 Top Products / Product Portfolio
3.2.3.3 Top Competitors
3.2.3.4 Target Customers
3.2.3.5 Key Personnel
3.2.3.6 Analyst View
3.2.3.7 Market Share
3.2.4 Sample Company
3.2.4.1 Overview
3.2.4.2 Top Products / Product Portfolio
3.2.4.3 Top Competitors
3.2.4.4 Target Customers
3.2.4.5 Key Personnel
3.2.4.6 Analyst View
3.2.4.7 Market Share
3.2.5 Sample Company
3.2.5.1 Overview
3.2.5.2 Top Products / Product Portfolio
3.2.5.3 Top Competitors
3.2.5.4 Target Customers
3.2.5.5 Key Personnel
3.2.5.6 Analyst View
3.2.5.7 Market Share
Table 1: Key Challenges and Possible Solutions for Stakeholders in the Wearable Patches Market
Table 2: Wearable Patches Market, Quarterly Key Developments Analysis, January 2018-August 2023
Table 3: Key Questions Answered in the Report
Table 4: Wearable Patches Market, Different Parameters in Growth Scenarios
Table 5: Some of the Companies of Wearable Patches Market, Product Benchmarking
Table 6: Wearable Patches Raw Materials and Major Suppliers
Table 7: Europe Wearable Patches Market, Regulatory Framework
Table 8: Europe Wearable Patches Market, Impact Analysis
Table 9: Wearable Patches Raw Material Suppliers in Germany
Table 10: Pricing of Some Wearable Patches Based on Usage Type
Table 11: Wearable Patches Raw Material Suppliers in France
Table 12: Pricing of Some Wearable Patches Based on Usage Type
Table 13: Wearable Patches Raw Material Suppliers in the U.K.
Table 14: Pricing of Some Wearable Patches Based on Usage Type
Table 15: Wearable Patches Raw Material Suppliers in Italy
Table 16: Pricing of Some Wearable Patches Based on Usage Type
Table 17: Wearable Patches Raw Material Suppliers in Spain
Table 18: Pricing of Some Wearable Patches Based on Usage Type
Table 19: Wearable Patches Raw Material Suppliers in Rest-of-Europe
Table 20: Pricing of Some Wearable Patches Based on Usage Type
Figure 1: Wearable Patches Market, Realistic Growth Scenario, $Million, 2020-2031
Figure 2: Wearable Patches Market (by Application), Share (%), 2022 and 2031
Figure 3: Wearable Patches Market (by Usage Type), Share (%), 2022 and 2031
Figure 4: Wearable Patches Market (by Region), $Million, 2022 and 2031
Figure 5: Wearable Patches Market: Research Methodology
Figure 6: Primary Research Sources
Figure 7: Secondary Research
Figure 8: Data Triangulation
Figure 9: Wearable Patches Market, Research Process
Figure 10: Assumptions and Limitations
Figure 11: Wearable Patches Market, Realistic Growth Scenario, $Million, 2020-2031
Figure 12: Wearable Patches Market, Optimistic Growth Scenario, $Million, 2020-2031
Figure 13: Wearable Patches Market, Pessimistic Growth Scenario, $Million, 2020-2031
Figure 14: Wearable Patches Market, Patent Publication Growth Trend, January 2017-July 2022
Figure 15: Wearable Patches Market, Patent Filing Trend (by Country/Cluster), January 2017-July 2022
Figure 16: Wearable Patches Market, Pre-COVID-19 Phase, $Million, 2020-2031
Figure 17: Wearable Patches Market: Impact Analysis
Figure 18: Wearable Patches Market Share (by Region), 2021 and 2031
Figure 19: Europe Wearable Patches Market Incremental Opportunity (by Country), $Million, 2021-2031
Figure 20: Europe Wearable Patches Market, $Million, 2020-2031
Figure 21: Europe Wearable Patches Market (by Application), $Million, 2020-2031
Figure 22: Europe Wearable Patches Market (by Usage Type), $Million, 2020-2031
Figure 23: Europe Wearable Patches Market (by End User), $Million, 2020-2031
Figure 24: Europe Wearable Patches Market (by Country), Share (%), 2021 and 2031
Figure 25: Germany Wearable Patches Market (by Usage Type), Units Sold (Thousand), 2020-2031
Figure 26: Germany Wearable Patches Market, $Million, 2020-2031
Figure 27: Germany Wearable Patches Market (by Application), $Million, 2020-2031
Figure 28: Germany Wearable Patches Market (by End User), $Million, 2020-2031
Figure 29: Germany Wearable Patches Market (by Usage Type), $Million, 2020-2031
Figure 30: France Wearable Patches Market (by Usage Type), Units Sold (Thousand), 2020-2031
Figure 31: France Wearable Patches Market, $Million, 2020-2031
Figure 32: France Wearable Patches Market (by Application), $Million, 2020-2031
Figure 33: France Wearable Patches Market (by End User), $Million, 2020-2031
Figure 34: France Wearable Patches Market (by Usage Type), $Million, 2020-2031
Figure 35: U.K. Wearable Patches Market (by Usage Type), Units Sold (Thousand), 2020-2031
Figure 36: U.K. Wearable Patches Market, $Million, 2020-2031
Figure 37: U.K. Wearable Patches Market (by Application), $Million, 2020-2031
Figure 38: U.K. Wearable Patches Market (by End User), $Million, 2020-2031
Figure 39: U.K. Wearable Patches Market (by Usage Type), $Million, 2020-2031
Figure 40: Italy Wearable Patches Market (by Usage Type), Units Sold (Thousand), 2020-2031
Figure 41: Italy Wearable Patches Market, $Million, 2020-2031
Figure 42: Italy Wearable Patches Market (by Application), $Million, 2020-2031
Figure 43: Italy Wearable Patches Market (by End User), $Million, 2020-2031
Figure 44: Italy Wearable Patches Market (by Usage Type), $Million, 2020-2031
Figure 45: Spain Wearable Patches Market (by Usage Type), Units Sold (Thousand), 2020-2031
Figure 46: Spain Wearable Patches Market, $Million, 2020-2031
Figure 47: Spain Wearable Patches Market (by Application), $Million, 2020-2031
Figure 48: Spain Wearable Patches Market (by End User), $Million, 2020-2031
Figure 49: Spain Wearable Patches Market (by Usage Type), $Million, 2020-2031
Figure 50: Rest-of-Europe Wearable Patches Market (by Usage Type), Units Sold (Thousand), 2020-2031
Figure 51: Rest-of-Europe Wearable Patches Market, $Million, 2020-2031
Figure 52: Rest-of-Europe Wearable Patches Market (by Application), $Million, 2020-2031
Figure 53: Rest-of-Europe Wearable Patches Market (by End User), $Million, 2020-2031
Figure 54: Rest-of-Europe Wearable Patches Market (by Usage Type), $Million, 2020-2031
Figure 55: Share of Key Developments and Strategies, January 2018-August 2023
Figure 56: Regulatory and Legal Activities (by Company), Share (%), January 2018-August 2023
Figure 57: New Offerings (by Company), Share (%), January 2018-August 2023
Figure 58: Partnerships, Collaborations, and Business Expansions (by Company), Share (%), January 2018-August 2023
Figure 59: Mergers and Acquisitions (by Company), Share (%), January 2018-August 2023
Figure 60: Funding Activities (by Company), Share (%), January 2018-August 2023
Figure 61: Bittium Corporation: Overall Product Portfolio
Figure 62: Bittium Corporation: Overall Financials, $Million, 2020-2022
Figure 63: Bittium Corporation: Net Revenue (by Region), $Million, 2020-2022
Figure 64: Bittium Corporation: R&D Expenditure, $Million, 2020-2022
Figure 65: Koninklijke Philips N.V.: Overall Product Portfolio
Figure 66: Koninklijke Philips N.V.: Overall Financials, $Million, 2020-2022
Figure 67: Koninklijke Philips N.V.: Net Revenue (by Business Segment), $Million, 2020-2022
Figure 68: Koninklijke Philips N.V.: Net Revenue (by Region), $Million, 2020-2022
Figure 69: Koninklijke Philips N.V.: R&D Expenditure, $Million, 2020-2022
Figure 70: Medtronic plc: Overall Product Portfolio
Figure 71: Medtronic plc: Overall Financials, $Million, 2020-2022
Figure 72: Medtronic plc: Net Revenue (by Business Segment), $Million, 2020-2022
Figure 73: Medtronic plc: Net Revenue (by Region), $Million, 2020-2022
Figure 74: Medtronic plc: R&D Expenditure, $Million, 2020-2022
Europe Wearable Patches Market Report Coverage:
Europe Wearable Patches Market |
|||
Base Year |
2022 |
Market Size in 2022 |
$xx Billion |
Forecast Period |
2023-2031 |
Value Projection and Estimation by 2031 |
$xx Billion |
CAGR During Forecast Period |
xx |
Number of Pages |
|
Number of Tables |
|
Number of Figures |
|
Key Market Players and Competition Synopsis
The companies that are profiled have been selected based on inputs gathered from primary experts and analysing company coverage, product portfolio, and market penetration.
Key Companies Profiled:
• Bittium Corporation
• Koninklijke Philips N.V.
• Medtronic plc
How can this report add value to an organization?
Product/Innovation Strategy: The Europe wearable patches market has been extensively segmented on the basis of various categories, such as usage type, application, and end user. This can help readers get a clear overview of which segments account for the largest share and which ones are well-positioned to grow in the coming years.
Competitive Strategy: The Europe wearable patches market has both established as well as emerging companies offering wearable patches across a range of usage types. Key players in the Europe wearable patches market that are analyzed and profiled in the study involve established players that offer various kinds of wearable patches.
Introduction to Europe Wearable Patches Market:
The Europe wearable patches market was valued at $3.03 billion in 2022 and is expected to reach $7.85 billion by 2031, growing at a CAGR of 10.29% between 2023 and 2031. The growing prevalence of chronic diseases such as diabetes and strokes, as well as the continuous monitoring of body vitals and little disruption to bodily activity, are driving the expansion of the wearable patches market in Europe. This expansion is also being fueled by technological developments and an aging population.
Market Introduction
Wearable patches are a game changer in healthcare technology, providing a compact and non-invasive alternative for monitoring numerous physiological parameters and delivering therapeutic interventions. These unique patches are designed to be worn comfortably on the skin while collecting, analyzing, and communicating real-time data with healthcare experts or individuals.
Market Segmentation:
Segmentation 1: by Usage Type
• Blood Glucose Patch
• Heart Rate and ECG Patch
• Temperature Patch
• TENS/EMS Patch
• Others
Segmentation 2: by Application
• Monitoring and Diagnostics
• Therapeutics
Segmentation 3: by End User
• Homecare
• Ambulatory Surgical Center
Segmentation 4: by Country
• Germany
• U.K.
• France
• Italy
• Spain
• Rest-of-Europe
Europe Wearable Patches Market
Analysis and Forecast, 2023-2031