According to a recent Emergen Research study, the global electronic skin patches market is expected to be worth USD 18.10 billion by 2027. The electronic skin patch market is rapidly expanding, owing to the increased use of wearable health monitoring devices. Electronic skin patches, thin and flexible wearable products, adhere to the human skin using biocompatible adhesives. For example, the application of electronic skin patches to a specific skin area can replace a heart rate monitor strap, which is positioned and held around the human body and may be misplaced. Electronic skin patches are lighter, smaller, more comfortable, and less invasive than traditional wearable devices.
The growing geriatric population and rising chronic illnesses are driving the Global Electronic Skin Patches Market. The growing product awareness, which is causing people to pay more attention to personal care and fitness, is also a major driving factor for the market. The Global Electronic Skin Patches Market report offers a comprehensive analysis of the market. The report provides a thorough examination of key segments, trends, drivers, restraints, the competitive landscape, and factors that are significant in the market.
Electronic skin patches are regarded as the pinnacle of wearable electronic devices. These skin patches contain electronic components that are adhered to the body with an adhesive. These ultra-thin and flexible devices are used for information generation as well as communication via microelectronics and sensors. The breathable skin patch is used in long-term patient care. It can also be used while participating in sports to monitor an individual’s heart rate. It can be worn for weeks without causing any harm to the skin. Electronic skin patches monitor vital signs while causing no discomfort to patients.
Some Key Highlights from the Report
Electroactive polymers accounted for the second largest market share in 2019 due to their ability to change size and shape in response to a changing electric field. These polymers have unique properties such as low density, increased mechanical flexibility, structural simplicity, lack of acoustic noise, and low cost.
Cosmetic patches power an innovative delivery system of active cosmetic ingredients across the skin barrier, overcoming the challenges associated with stability observed during the use of specific actives.
Europe contributed the second largest electronic skin patch market share in 2019, owing to the developing healthcare sector and increased R&D investment.
rhythm Technologies, Xensio, VivaLnk Inc., Holst Center, Plastic Electronic GmbH, MC10, Philips, Xenoma, Quad Industries, and Sensium Healthcare Ltd. are among the key participants.
Emergen Research has segmented the global electronic skin patches market based on 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
End-Users Outlook (Revenue, USD Billion; 2017-2027)
- Hospitals & Clinics
- Research Institutes
- Cosmetic Firms
Regional Outlook (Revenue, USD Billion; 2017-2027)
- North America
- the UK
- Rest of Europe
- the Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
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