Electronic Skin Patches Market Size, Share, Growth, Analysis, Trend, and Forecast Research Report by 2027
Emergen Research
Surging usage of wearable health monitoring devices is one of the significant factors influencing the market growth
SURREY, BRITISH COLUMBIA, CANADA , April 23, 2022 /EINPresswire.com/ -- electronic skin patches market has recently added a report Forecast to 2027 to its repository, which comprises of data relating to the market size, share, value, and volume, production processes, revenue generation, the regional analysis of the business vertical, along with the outcomes of analytical tools including, SWOT analysis and Porter’s Five Forces analysis. The report highlights the growth opportunities and challenges that industry players might encounter in the forecast years, along with an elaborate competitive landscape and expansion strategies adopted by the companies functioning in the Market.
Surging usage of wearable health monitoring devices is one of the significant factors influencing the market growth.
Electronic Skin Patches Market Size – USD 8,232.8 Billion in 2019, Market Growth - CAGR of 10.3%, Market Trends –Growing geriatric population
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The latest research report serves as a perfect example of the precise analysis of the global Electronic Skin Patches market. It includes the ToC, list of tables and figures, research methodology, geographic segmentation, competitive landscape, future developments, and technological innovation. Moreover, the report offers the latest coverage of the massive impact of the COVID-19 pandemic on the worldwide Electronic Skin Patches industry. The globally-disrupting incidence has impacted nearly every aspect of this business domain. However, the latest study expounds on the present market scenario and forecasts the pandemic’s aftermath, with respect to this industry. Furthermore, the major aspects of the market have been discussed in the report, with expert opinions on the current status of the market.
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.
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.
In January 2019, Holst Centre announced the launch of a disposable health patch for taking measurements of vital signs associated with human health. An essential technology enhancement in this groundbreaking health patch is incorporating an extensive range of sensors into MUSEIC V3 SoC solution by imec.
Electroactive polymers held the second largest market share in 2019 as it can alter size and shape based on the fluctuating electric field. These polymers possess distinctive properties like low density, improved mechanical flexibility, structural simplicity, absence of acoustic noise, and low cost.
Cosmetic patches drive an innovative delivering system of active cosmetic ingredients across the skin barrier, thereby resolving the hurdles associated with stability observed during the usage of specific actives.
Europe contributed to the second largest electronic skin patches market share in 2019 attributed to the developing healthcare sector and increased investment in R&D activities.
Key participants include iRhytm Technologies, Xensio, VivaLnk Inc., Holst Center, Plastic Electronic GmbH, MC10, Philips, Xenoma, Quad Industries, and Sensium Healthcare Ltd., among others.
Read More: https://www.emergenresearch.com/industry-report/electronic-skin-patches-market
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
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
BENELUX
Rest of Europe
Asia Pacific
China
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
MEA
Saudi Arabia
UAE
Rest of MEA
Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments. The report provides crucial details, such as the market shares of the key players, which help the reader attain a comprehensive outlook of the Electronic Skin Patches market.
Market Taxonomy:
Chapter 1: Methodology & Scope
Definition and forecast parameters
Methodology and forecast parameters
Data Sources
Chapter 2:
Executive Summary
Business trends
Regional trends
Product trends
End-use trends
Chapter 3:
Industry Insights
Industry segmentation
Industry landscape
Vendor matrix
Technological and innovation landscape
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
Business Overview
Financial Data
Product Landscape
Strategic Outlook
Key questions addressed in the report:
What are the key factors driving the global Electronic Skin Patches market?
Who are the key manufacturers in this market space?
Who are the distributors, traders and dealers of this market?
What are the market opportunities and risks affecting the performance of the vendors in the global Electronic Skin Patches market?
What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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