Wearable Patches For Blood Pressure Monitoring Market Size, Share, Opportunities, And Trends By Type (Adhesive Wearable Patches, Non-Adhesive Wearable Patches), By Technology (Oscillometric Technology, Photoplethysmography (Ppg) Technology, Impedance Technology, Others), By End-User (Hospitals And Clinics, Home Healthcare Settings, Ambulatory Care Centers, Research Institutions, Others), And By Geography - Forecasts From 2023 To 2028

The wearable patches for blood pressure monitoring market is estimated to grow at a CAGR of 9.23% during the forecast period.

The wearable patches for blood pressure monitoring market are expanding rapidly as new technologies transform healthcare monitoring. Wearable patches provide consumers with real-time insights into their cardiovascular health by recording blood pressure readings in a non-invasive and continuous manner. These patches are intended to improve patient comfort, mobility, and adherence, making them a suitable alternative for those dealing with hypertension and other cardiovascular problems. The growing incidence of hypertension, rising awareness of preventative healthcare, and improvements in wearable sensor technologies are driving market growth. These patches are becoming an important tool in the emerging environment of personalised healthcare monitoring because they provide ease, accuracy, and improved patient outcomes.

Rising Prevalence of Hypertension and Cardiovascular Diseases Enhances the Wearable Patches for Blood Pressure Monitoring Market Growth.

The increased incidence of hypertension and cardiovascular disorders is a key driver of growth in the wearable patches for blood pressure monitoring market. As these circumstances become more widespread across the world, there is a greater demand for effective and simple monitoring systems. Wearable patches provide continuous blood pressure monitoring, allowing people to manage their health more effectively. The capacity to monitor blood pressure levels in real time allows for early identification of variations, allowing for prompt actions to avoid consequences. This rising public health concern drives the use of wearable patches as a beneficial tool for individuals, healthcare professionals, and researchers to monitor cardiovascular health, considerably contributing to the market's growth.

Convenience and Comfort for Patients in  Wearable Patches for Blood Pressure Monitoring Market.

The issue of patient convenience and comfort is critical in driving the wearable patches for blood pressure monitoring market. Traditional techniques of blood pressure monitoring sometimes entail unpleasant cuffs and occasional readings. Wearable patches provide non-invasive, continuous monitoring, removing the need for periodic cuff inflations. Patients may easily apply the patch to their skin, allowing for unobtrusive monitoring throughout their day. This increased comfort improves patient compliance and participation in blood pressure monitoring. Wearable patches are an appealing choice for consumers seeking seamless and hassle-free health monitoring because to the simplicity of real-time data collecting and the absence of discomfort associated with older approaches.

Aging Population and Chronic Disease Management Boosts the  Wearable Patches for Blood Pressure Monitoring Market Size.

The growing prevalence of chronic illnesses and the ageing population have a substantial influence on the wearable patches for blood pressure monitoring market. With an ageing population prone to hypertension and cardiovascular diseases, there is an increasing demand for simple monitoring options. Wearable patches measure blood pressure continuously, assisting the elderly in proactive health management. Wearable patches are also important instruments for chronic illness management. Because chronic illnesses frequently necessitate continual monitoring, these patches provide a smooth approach to measure blood pressure readings without interfering with normal living. Wearable patch adoption coincides with the demands of an ageing population, successfully solving the issues of chronic illness management.

North America is the Market Leader in the Wearable Patches for Blood Pressure Monitoring Market.

North America is the market leader for wearable patches for blood pressure monitoring market. A number of factors, including the region's strong presence of technologically sophisticated healthcare infrastructure, rising acceptance of wearable health devices, and a growing emphasis on preventative healthcare, have contributed to the region's leadership position. The United States and Canada, in particular, are seeing an increase in health-conscious consumers embracing wearable patches for blood pressure monitoring in order to actively manage their cardiovascular health. Furthermore, cooperation in North America between medical technology businesses, research institutes, and healthcare providers contribute to the region's prominence in improving wearable patch technologies for effective blood pressure monitoring and improved patient outcomes.

Growing Consumer Awareness of Personalized Health Monitoring in Wearable Patches for Blood Pressure Monitoring Market.

The wearable patches for blood pressure monitoring market are being propelled by rising consumer awareness of personalised health monitoring. Individuals are increasingly recognising the value of real-time health monitoring, and wearable patches provide a personalised solution. These patches measure users' blood pressure continuously, allowing them to take proactive steps in controlling their cardiovascular health. Individuals are more likely to make educated lifestyle choices and seek prompt medical interventions when they have access to personalised health data. Wearable patches are becoming vital tools as customers prioritise personalised health data, matching with the present trend of self-care and individualised wellness management. This awareness encourages the use of wearable patches and adds to the market's growth.

Key Developments:

• In June 2023, AliveCor, the leading innovator in FDA-cleared personal electrocardiogram (ECG) technology, announced a collaboration with the Jefferson Narcotic Addiction Rehabilitation Programme (NARP) and Thomas Jefferson University Hospital in Philadelphia to assess the benefits of QTc monitoring with the KardiaMobile 6L for patients receiving methadone maintenance therapy for opioid use disorder.
• In August 2023, Qardio is happy to announce a collaboration with AIMA to deliver improved financial solutions for medical practises that employ Qardio's virtual care solutions. AIMA is a recognised leader in revenue cycle management systems, with a track record of supporting healthcare practises in enhancing their financial performance.
• In July 2023, Biotricity Inc., a Technology-as-a-Service (TaaS) startup in the consumer healthcare remote cardiac monitoring sector, stated that it has reinforced its connections with Amazon and Google. The company is increasing its AI technology research in remote cardiac care, employing its patented AI technology to give a suite of predictive monitoring tools to improve patient management, enhance novel disease profiles, and revolutionise the healthcare sector for illness prevention.

Company Products:

• QardioArm Device: Qardio sells the QardioArm, a smart blood pressure monitor designed for home usage. While it is not a wearable patch, it does give a practical and user-friendly method of remotely monitoring blood pressure.
• Pulsewave Analysis Technology: BPro's wearable patches measure blood pressure using a patented Pulsewave Analysis method. The arterial pulse waveform is captured and blood pressure values are calculated using this method.
• KardiaMobile Device: While AliveCor's KardiaMobile gadget is well recognised for its EKG monitoring capabilities, it may also have blood pressure monitoring functions. This pocket-sized gadget connects to cellphones and provides users with detailed heart health information.
• Wearable Blood Pressure Monitors: Omron provides wearable devices that allow consumers to track their blood pressure throughout the day. These devices are small enough to be worn on the wrist or upper arm and provide real-time blood pressure readings.

Wearable Patches For Blood Pressure Monitoring Market Scope:

 

Report Metric	Details
Growth Rate	CAGR of 9.23% from 2021 to 2028
Base Year	2021
Forecast Period	2023 – 2028
Forecast Unit (Value)	USD Billion
Segments Covered	Type, Technology, End-User, and Geography
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered	Omron Healthcare, Inc., Philips Healthcare, Medtronic Plc, Irhythm Technologies, Inc., Welch Allyn (Hill-Rom), Ge Healthcare, Dexcom, Inc., Abbott Laboratories, Biotricity Inc., Biotelemetry, Inc. (Now Part Of Philips)
Customization Scope	Free report customization with purchase

 

Key Segment:

• By Type
  • Adhesive Wearable Patches
  • Non-Adhesive Wearable Patches  
• By Technology
  • Oscillometric Technology
  • Photoplethysmography (Ppg) Technology
  • Impedance Technology
  • Others   
• By End-User
  • Hospitals And Clinics
  • Home Healthcare Settings
  • Ambulatory Care Centers
  • Research Institutions
  • Others
• By Geography
  • North America
    • United States
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Spain   
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Sources

2.3. Research Design

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porters Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

5.  WEARABLE PATCHES FOR BLOOD PRESSURE MONITORING MARKET, BY TYPE

5.1. Introduction

5.2. Adhesive Wearable Patches

5.3. Non-Adhesive Wearable Patches                      

6. WEARABLE PATCHES FOR BLOOD PRESSURE MONITORING MARKET, BY TECHNOLOGY

6.1. Introduction

6.2. Oscillometric Technology

6.3. PhotoPlethysmoGraphy (PPG) Technology

6.4. Impedance Technology

6.5. Others                   

7. WEARABLE PATCHES FOR BLOOD PRESSURE MONITORING MARKET, BY END-USER

7.1. Introduction

7.2. Hospitals and Clinics

7.3. Home Healthcare Settings

7.4. Ambulatory Care Centers

7.5. Research Institutions

7.6. Others                        

8.  WEARABLE PATCHES FOR BLOOD PRESSURE MONITORING MARKET, BY GEOGRAPHY

8.1. Introduction

8.2. North America

8.2.1. United States

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1. Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. United Kingdom

8.4.2. Germany

8.4.3. France

8.4.4. Italy

8.4.5. Spain 

8.4.6. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. Japan

8.6.2. China

8.6.3. India

8.6.4. South Korea

8.6.5. Indonesia 

8.6.6. Taiwan

8.6.7. Others

9. COMPETITIVE ENVIRONMENT AND ANALYSIS

9.1. Major Players and Strategy Analysis

9.2. Emerging Players and Market Lucrativeness

9.3. Mergers, Acquisitions, Agreements, and Collaborations

9.4. Vendor Competitiveness Matrix

10. COMPANY PROFILES

10.1. Omron Healthcare, Inc.

10.2. Philips Healthcare

10.3. Medtronic plc

10.4. iRhythm Technologies, Inc.

10.5. Welch Allyn (Hill-Rom)

10.6. GE Healthcare

10.7. Dexcom, Inc.

10.8. Abbott Laboratories

10.9. Biotricity Inc.

10.10. BioTelemetry, Inc. (now part of Philips)

Omron Healthcare, Inc.

Philips Healthcare

Medtronic Plc

Irhythm Technologies, Inc.

Welch Allyn (Hill-Rom)

Ge Healthcare

Dexcom, Inc.

Abbott Laboratories

Biotricity Inc.

Biotelemetry, Inc. (Now Part Of Philips)