Lucintel Blog: Lucintel Forecasts Smart Patch Market to Reach $XX Billion by 2028

Tuesday, January 17, 2023

Lucintel Forecasts Smart Patch Market to Reach $XX Billion by 2028

According to the recent study the smart patch market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 21% to 23% from 2023 to 2028. Growth in this market is primarily driven by the escalating occurrence of chronic and lifestyle associated diseases, expanding inclination towards personal fitness, and expanding the geriatric population.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in smart patch market by product type (transdermal transmission, electronic stimulation, and monitoring), technology (connected and regular), application (clinical and non-clinical), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link

https://www.lucintel.com/smart-patch-market.aspx

“Monitoring market is expected to remain the largest segment during the forecast period.”

Based on product type, the smart patch market is segmented into transdermal transmission, electronic stimulation, and monitoring. Lucintel forecasts that the monitoring market is expected to remain the largest segment due to the increase in demand for tracking cardio activity among aging population.

“Within the smart patch market, the clinical segment is expected to remain the largest application.”

Based on application the clinical segment is expected to witness the highest growth over the forecast period due to increasing adoption of smart patch to monitor health and heartbeat of a patient through smartphone devices.

“Asia pacific will dominate the smart patch market in near future.”

APAC will remain the fastest growing region due increasing prevalence of chronic diseases & lifestyle disorders, growing geriatric population, urbanization, and mounting healthcare spending.

Download Brochure of this report by clicking on https://www.lucintel.com/smart-patch-market.aspx.

Major players of smart patch market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. BioIntelliSence, iRhythm, BioTelemetry, Feeligreen G-Tech, GENTAG, The IONTO Team, Insulet, Medtronic, Tracxn, and VivaLNK are among the major smart patch providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/smart-patch-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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