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Electronic Skin Market 2020 By Revenue, Top Trend & Regional Growth Forecast

Author : Ronak Bora | Published Date : 2020-09-04 

Electronic Skin Market report offers in-depth analysis of the industry size, share, major segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and industry challenges.

Over the past few years, electronic skin technology has gained significant momentum. The technology finds a wide range of use-cases on account of its self-healing characteristics and excellent stretching and self-powering abilities. Electronic skin and patches can be used for patients with prosthetics to provide a sense of touch. In addition, the products are increasingly gaining prominence in diagnostic and therapeutic applications.

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Global Market Insights, Inc., forecasts that global electronic skin market size will be worth more than US$16 billion by 2026, with rapid adoption in diabetes and cardiac monitoring applications. They find widespread use in health monitoring systems, drug delivery systems, and cosmetics, among other applications.

Electronic skin uses different types of components to run such as photovoltaics system, electro-active polymers, stretchable circuits and stretchable conductors. Electro-active polymers provide a number of benefits as compared to the traditional electronic wearable devices. The advantages associated with the product include ultralow power consumption, stretchable polymer, 10 times extra battery life and noiseless operation.

The stretchable polymer is capable of withstanding nearly 20% of the working strain for all the actuators. Such advantages will lead the electro-active polymers segment to witness a CAGR of nearly 14.6% between 2019 to 2026. 

Electronic skin has two kind of products, electronic patches and electronic skin suit used by the patients. With a major rise in the cases of diseases like diabetes, smoking cessation, cardiovascular, pregnancy-associated issues and fever, among various others, there has been an increasing need for monitoring such diseases. Electronic skin patches have been a common product used during the monitoring of patients with diseases mentioned above.

It monitors the real-time status of the patient’s health and further sends the data to healthcare professionals. This is extremely helpful for an individual in maintaining their health safety according to the doctor’s advice. Electronic patches industry share has been anticipated to grow at a rate of 14.8% through 2026.

The electronic skin is used across drug delivery systems, health monitoring systems and in cosmetics applications. Cosmetics industry has experienced a high demand for electronic skin as the launch of microcurrent face masks, which is technologically advanced and has completely revolutionized the industry scope.

Microcurrent facemasks deliver the right and essential skincare ingredients to the different layers of the skin. For example, the microcurrent facemask launched by DSA Aesthetics has integrated a transdermal drug delivery system that could accelerate the action time when needed. The cosmetics application segment in electronic skin market shall grow at a rate of 14.9% over the projected time period.  

Browse full table of contents (TOC) of this report @ https://www.gminsights.com/toc/detail/electronic-skin-market

Partial Chapter of the Table of Content 

Chapter 4.  Electronic Skin Market, By Product

4.1. Key segment trends

4.2. Electronic skin suit

4.2.1.  Market size, by region, 2015-2026 (USD Million)

4.3. Electronic patches

4.3.1. Market size, by region, 2015-2026 (USD Million)

Chapter 5.  Electronic Skin Market, By Component

5.1. Key segment trends

5.2. Stretchable circuits

5.2.1.  Market size, by region, 2015-2026 (USD Million)

5.3. Photovoltaics system

5.3.1.  Market size, by region, 2015-2026 (USD Million)

5.4. Stretchable conductors

5.4.1.  Market size, by region, 2015-2026 (USD Million)

5.5. Electro-active polymers

5.5.1.  Market size, by region, 2015-2026 (USD Million)

About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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