Electronic Skin Patches Market Forecast Report | Global Analysis, Demand, Revenue by 2027

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.

The latest report has been drafted, keeping in mind the current COVID-19 situation many vital aspects of the global Electronic Skin Patches market on both global and regional levels. The research focuses on the significant market changes that followed the COVID-19 outbreak. The report offers an accurate estimation of the market value, size, and revenue share in the post-COVID-19 scenario, alongside encapsulating the present and future effects of the pandemic. The report further details the key points of the Electronic Skin Patches market, including the latest market standards, regulations, and policy changes imposed by the government for the upcoming years.

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Key Highlights From The Report

· 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.

Market Segmentation:

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)

o Stretchable Circuits

o Photovoltaic Systems

o Stretchable Conductors

o Electroactive Polymers

· Application Outlook (Revenue, USD Billion; 2017-2027)

o Health Monitoring Systems

o Drug Delivery Systems

o Cosmetics

· End-Users Outlook (Revenue, USD Billion; 2017-2027)

o Hospitals & Clinics

o Research Institutes

o Cosmetic Firms

o Others

Regional Bifurcation:

· North America

· Latin America

· Europe

· Asia Pacific

· Middle East & Africa

Focal Points of the Global Electronic Skin Patches Market Report:

· Market Coverage: This section of the report covers significant details on the key manufacturers, vital market segments, product innovation scope, and the forecast years. Additionally, it describes in detail the range of the product and the global Electronic Skin Patchesmarket segmentation based on product type and application spectrum.

· Executive Summary: In this chapter, the global market growth rate, competitive landscape, drivers and constraints, trends, limitations, and the key market segments have been discussed at length.

· Regional Analysis: The report offers meaningful insights into the import and export trends, production and consumption capacities, estimated revenue share, and key players of each region dominating the market

· Competitive Landscape:The report also discusses the course of development of each market player in this industry vertical during the forecast period. It further details on the firms, industries, organizations, vendors, and local manufacturers engaged in this industry. The leading products and services to gain global and regional market shares form the competitive landscape of the Electronic Skin Patches industry.

· Manufacturers’ portfolios: This section includes detailed information regarding the product portfolio of each local and global manufacturer, their strengths and weaknesses, product profiles, production value and capacity, and other vital information.

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