Electronic Skin Patches Market Revenue, Forecast, Overview and Key Companies Analysis by 2028

The global electronic skin patches market is projected to be worth USD 18.10 Billion by 2027, according to a current analysis by Emergen Research. The electronic skin patches market observes a rapid growth attributed to the surging usage of wearable health monitoring devices. Electronic skin patches, flexible and thin wearable products, attach to the human skin deploying biocompatible adhesives. As an instance, the application of electronic skin patches on a definite skin area can replace a heart rate monitor strap, positioned and held around the human body, and might face the risk of being misplaced. Electronic skin patches than conventional wearable devices are lighter, smaller, very comfortable, and less invasive.

The report provides detailed insights into Electronic Skin Patches market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in Electronic Skin Patches market size over the forecast period, 2020–2028. The report includes profiles of major players in the Electronic Skin Patches market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Global Electronic Skin Patches market revenue growth is primarily driven by a variety of factors and trends, some of which include rising focus by major companies on product/service expansion into new and untapped domestic and international markets, rising investments in strategic agreements and mergers, and rapidly growing competition in the Electronic Skin Patches market.

Growing technological advancement is a significant factor in driving the market growth. Stanford University’s researchers have designed a very sensitive sensor to be integrated into an electronic skin attached to a prosthetic limb to imitate the sense of touch, along with other functionalities.

Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the Electronic Skin Patches market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive Electronic Skin Patches market revenue growth to a significant extent over the forecast period.

Top key vendors in Electronic Skin Patches Market include are:

Key participants include iRhytm Technologies, Xensio, VivaLnk Inc., Holst Center, Plastic Electronic GmbH, MC10, Philips, Xenoma, Quad Industries, and Sensium Healthcare Ltd., among others.

Emergen Research has segmented the global electronic skin patches market on the basis of component, application, end-users, and region:

Component Outlook (Revenue, USD Billion; 2017-2027)
- Stretchable Circuits
- Photovoltaic Systems
- Stretchable Conductors
- Electroactive Polymers

Application Outlook (Revenue, USD Billion; 2017-2027)
- Health Monitoring Systems
- Drug Delivery Systems
- Cosmetics

End-Users Outlook (Revenue, USD Billion; 2017-2027)
- Hospitals Clinics
- Research Institutes
- Cosmetic Firms
- Others

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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Electronic Skin Patches Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Region wise performance of the Electronic Skin Patches industry

North America Electronic Skin Patches market revenue growth was relatively higher than that of other regional markets in 2020. North America market revenue is expected to continue to remain dominant over the forecast period, supported majorly by robust presence of major players in countries in the region and expansion of overall economic Electronic Skin Patches growth strategies and initiatives.

Asia Pacific Electronic Skin Patches market revenue registered the fastest growth rate in 2020, and this trend is expected to continue over the forecast period. Asia Pacific Electronic Skin Patches market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. Increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries are some key factors driving Electronic Skin Patches market revenue growth in Asia Pacific.

Europe Electronic Skin Patches market revenue is expected to continue to remain steady over the forecast period. This can be attributed to changing Electronic Skin Patches market trends in countries in other major regions and robust focus on research and development initiatives by major firms in the region with the objective to leverage opportunities and drive Electronic Skin Patches revenue growth.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa

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The research provides answers to the following key questions:

What will be the growth rate and the market size of the Electronic Skin Patches industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the Electronic Skin Patches market across different regions?
Who are the major driving forces expected to decide the fate of the Electronic Skin Patches industry worldwide?
Who are the prominent market players making a mark in the Electronic Skin Patches market with their winning strategies?
Which Electronic Skin Patches industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the Electronic Skin Patches market?

Table of Content

Chapter 1. Methodology Sources

1.1. Electronic Skin Patches Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Electronic Skin Patches Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2021-2028