WT | Wearable Technologies 2015 Market Assessment Smart Patches


The WT | Wearable Technologies 2015 Market Assessment on Smart Patches

WT | Wearable Technologies has assessed the current status of the Smart Patches market. WT has analyzed the product development of 40 pioneering wireless wearable patch companies. The conclusion of this assessment has led to the development of a progressive visual that categorizes individual patches by function and technology. 2014 recorded nearly 70,000 wearable patch shipments within the United States. The price for these patches ranges from less than $10 to over $500. Not all of the pioneering companies are global distributors yet; however their technology and application will influence the future of personal awareness to wellness with wearable technology. WT | Wearable Technologies predicts the smart patch market to compromise 30% of the overall healthcare, sports and fitness wearable market. By 2020 the global smart patch market will be worth $4.4 billion in sales.

smartPatchPredictions2020

WT | Wearable Technologies has divided the smart patch market into three trending categories: transdermal transmission, monitoring and electronic stimulation. You can see in the visual below that the majority of companies are creating monitoring patches. Nonetheless there are many open opportunities for new products. For example there is still no “intelligent” patch, which would encompass the entire ability of all three categories.

[quote author=”Christian Stammel”]The champion products within the future market of wearable technologies will not be the wrist worn devices, it will be a product category that is not on everyone’s radar yet – Smart Patches. They will represent 30% of the wearable technologies market by 2020.[/quote]

The table below features 40 wearable patch companies with their product name, desciption, price, certification approval and market availability. The price of the individual patch is not always available, mainly because some insurance companies cover the majority of the cost. As well, monitoring patches that are designed to increase wellness do not need to have FDA approval. Not all of these companies are global sellers, thus explaining why some products no not have CE or FDA approval.

 Company Product Description Price
 Approval

 CE | FDA

 Available?
 abbot_150x150FreeStyle LibreSmall round sensor- worn on the upper arm for a maximum of 14 days. Measures glucose every minute with a small filament held in place by the adhesive. Hold the reader near the patch to receive your glucose level.$77Yes | 20162014
 Smoking therapyTransfers nicotine into the system to help reduce smoking urges and pair with mobile app for bahavioral support.Yes | 20172017
 PAQ3 day insulin delivery with a micro-needle for people with type 2 diabetes.InsuranceYes | Yes2012
 cur_150x150CURTENS patch to relieve pain for 30min to 1 hour.$4992016 | 20162014
 delta_150x150e-PatchCardiac monitoring through 3 channels for 72 hours.Yes | Yes2011
 dexcome_150x150G5 MobileContinuous glucose monitoring with Bluetooth to send all data to your smart device.Yes | Yes2015
 feeligreen_150x150dermoPatchCosmetic patch for rejuvenation and spot treatment.Yes | No2014
 AmpStripCardiac monitoring, Respiration functions, and activity tracking.No | NA2016
 g_tech_medical_150x150G-tech PatchEKG for the Gut. Data collected is sent to a smart device for a physician to analyze for accurate diagnosis of gastrointestinal disorders.No | Pending2017
 gentag_150x150Fever, Fitness, Skin Care, Pain-free Diabetes Monitoring, Drug Delivery Patch 5 different NFC skin patches the monitor the body to improve wellness. The drug delivery patch can use a variety of medications; the smart phone acts as the controller. It is both battery-less and disposable.No | NA2016
 hivox_150x150Penny PadPain Reducing TENS and EMS patch. Reusable for up to 30 treatments.Yes | Yes2011
 insulet_150x150OmnipodDiabetes monitoring & insulin injection via a micro-needle. Can be worn continuously for 3 days.$520No | Yes2010
 ionto_150x150The IontoServal different patches. One that monitors temperature, a second that stimulates rejuvenation of the skin for cosmetic purposes and lastly a golf monitoring patch for improved performance.$2NA | NA 2014
 irythm_150x150The ZIOLong-term continuous cardiac monitoring for patient management.Yes | Yes2013
 Patient Status Engine (PSE)A complete platform that wirelessly captures, collects, and analyses patient physiological data in real-time. Can be used in hosptials and at home.Yes | NA2012
KANGAURADQpatchKanguard Qpatch is monitoring patch,  the first in its class intelligent patch that is capable of instant detection of cardiac health condition, it also provides long term health development analysis for users. Qpatch is the first patch that provides dynamic blood pressure analysis for users. Yes | Yes2016
 kenzen_150x150ECHO H2Hydration, calorie, and endurance monitoring patch for athletes.No | NA2016
 Leaf Patient SensorWireless patient monitoring for hospital care.No | Yes2013
 MagniwareA flexible patch that monitors and displays health data for an optimized life.No | NA 2015
 mc10_150x150Bio StampA printed circuit that looks like a temporary tattoo in collaboration with Reebok. No battery, and is disposable.No | Pending2016
 SEEQ MCT SystemContinuous cardiac monitoring for up to 30 days.Yes | Yes2011
 mtg_150x150Sixpad EMS technology for tone core muscles.$300Yes | No2014
 Sugar BEATGlucose monitoring with reverse iontophoresis technology.No | Pending2016
 Energizing Eye PatchCosmeceutical ingredients that are transferred into the skin for youthful rejuvenation.$60NA | NA2014
 Body GuardianCardiac monitoring for physicians to gain a deeper insight into their patients’ health records.Yes | Yes2012
 ProteusDiabetes monitoring with a sensor patch and robotic smart pill.InsuranceYes | Yes2008
 SensorGolf patch to measure the activity of the golfers swings for better digital coaching.$10NA | NA2017
 iThermonitor2 monitoring patches one is a temperature monitor for children and the second is a fertility tracker for women.$80Yes | Yes2011
 rooti_150x150BioPatchBiometric sensor for recording ECG that captures atrial fibrillation.NA | NA2016
 Sensium VitalsA monitoring patch that patients wear while in the hospital.InsuranceYes | Yes2012
 STEMPTemperature recording patch for children and people who do not enjoy using thermometers.$50Yes | Pending2015
 Smart LabelA thin flexible Temperature sensor sticker used for monitoring the distribution of goods.< $10NA | NA2014
 UprightPosture correction patch that is located on the lower back. Once the wearer begins to slouch, the patch will vibrate to remind the user to sit or stand straight.$130NA | NA2015
 ValedoBack patch that is used during training exercises. These exercises are given to the user in the form of a computer game. Using this patch will decrease back pain and improve back posture.$299NA | NA2014
 HealthPatch MDBio Sensor for improving clinical-grade patient monitoring at home or the hospital.InsuranceYes | Yes2014
 Beauty PatchA printed biobattery for innovative energy efficiency. The beauty patch is used for cosmetics improvements by releasing enzymes into the skin.NA | NAR&D Stages
 xPatchA monitoring patch that is located behind the ear. It records head injuries and notifies the user if there is risk for a concussion.NA | NA2012
 EMS Lift PatchEMS patch for diminishing wrinkles around the eyes.NA | Yes2014
 The ZansorsPersonal sensors of health diagnostics over time.NA | NA2014