Global Wearable Patches Market Analysis Report 2023: Market to Exceed $26.8 Billion by 2031 - AI Algorithms for Wearable Patches for Better Clinical Outcome Presents Unique Opportunities

AI Algorithms for Wearable Patches for Better Clinical Outcome Presents Unique Opportunities

Dec 08, 2023 by PR Newswire

Key Facts

  • Market Segmentation Blood Glucose Patches Dominate the Global Wearable Patches Market Blood glucose patches are innovative medical devices designed for continuous monitoring of blood sugar levels in individuals with diabetes.
  • Monitoring and Diagnostics to be the Major Application in the Global Wearable Patches Market Wearable patches are widely used for the monitoring and diagnosis of vital parameters such as blood pressure, pulse rate, and blood glucose levels.
  • Moreover, other factors, such as the rising technological advancements in connected care and the growing demand for remote patient monitoring, are also expected to drive the growth of the market in China.
    • In June 2023, Insulet Corporation announced the commercial launch of its Omnipod 5 Automated Insulin Delivery System (Omnipod 5) for individuals aged two years and older with type 1 diabetes (T1D) in the U.K. * In April 2023, the Medicare program expanded access to continuous glucose monitoring systems such as the FreeStyle Libre 2 and the FreeStyle Libre 14-day for insulin-using1 Medicare beneficiaries with diabetes, removing the prior requirement of multiple insulin injections on a daily basis.

Click To Read Full Article

ORGANIZATION
PERCENT
PERSON
GEOGRAPHY
PRODUCT
MONEY
LOCATION
GROUP
MISCELLANEOUS

This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to editors@kwhen.com. © 2021 Kwhen Inc.

Was this content valuable for you?