Managed Healthcare Executive August 3, 2023
A recent report shared the market’s expansion is mainly driven by the growing prevalence of chronic diseases, which has increased the demand for remote health monitoring and efficient healthcare solutions.
The wearable patch market is on track to experience substantial growth, with a projected increase of about $5.6 million from 2022 to 2027, at a CAGR of 12.02%.
A recent report by Technavio titled “Global Wearable Patch Market 2023-2027” shared the market’s expansion is mainly driven by the growing prevalence of chronic diseases, which has increased the demand for remote health monitoring and efficient healthcare solutions.
Another key factor contributing to the market growth is the presence of U.S. FDA-approved manufacturing facilities in emerging markets, especially in the Asian-Pacific part...
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