A wearable patch is a new technological innovation, which allows for the monitoring of blood pressure, from the comfort and privacy of the home. The main purpose of these devices is to allow anyone who may suffer from hypertension to be able to monitor their blood pressure without having to go to the doctor's office every day. What these patches do is transmit a small electronic signal to a device that is placed on the skin. This device then sends back data, which can be read by a machine that is linked to a laptop or other personal computer. These signals are received and interpreted by the machine and compared to past readings to measure normal blood pressure.
However, the high cost of these sensor monitoring patches is the main factor, which is influencing the growth of the global wearable patch market.
Owing to rapidly rising diabetes cases in the region, North America is experiencing high demand in the global wearable patch market. For instance, according to the Centers for Disease Control and Prevention, currently, around 34.2 million US residents have diabetes, which makes it an average of 1 person in 10. Owing to such factors, there have been significant industrial developments in the global wearable patch market. For instance, in December 2020, Agile Therapeutics launched Twirls, which a transdermal contraceptive patch... Raed more