According to the latest report by IMARC Group, titled “Electronic Skin Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the global electronic skin market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global electronic skin market size reached US$ 7.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 20.8 Billion by 2028, exhibiting a growth rate (CAGR) of 19.2% during 2023-2028.

Electronic skin, alternatively known as e-skin, represents self-healing, flexible, and wearable products that consist of a stretchable network of electronics and sensors for replicating the functioning of human or animal skin. They are available in two product types, such as skinsuits and patches. These electronic skin variants can sense heat, temperature, and pressure through tactile, chemical, and electrophysiological actuators, sensors, processors, and communication units for responding to ecological stimuli. They help to monitor the vital signs of the body with no or minimal discomfort to the user and can be connected to mobile operating systems, which are used in health surveillance devices. As a result, electronic skin products find extensive applications in health monitoring systems and drug delivery systems across the globe.

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Market Trends:

The escalating usage of electronic wearable devices, prosthetics, and robotics, among the masses, is primarily driving the electronic skin market. In addition to this, the increasing improvements and upgradations in the healthcare infrastructure, especially in developing countries, are also positively influencing the global market. Besides this, the elevating technological advancements, and the development of artificial intelligence (AI) and 3E printed-integrated lightning and sweating products are further stimulating the market growth.

Moreover, the rising focus among leading manufacturers on using green materials to produce e- skin to minimize carbon emissions is acting as another significant growth-inducing factor. Apart from this, the inflating investments in research and development (R&D) activities and the growing demand for e-skin patches that aid in remote health monitoring by offering real-time data about patients to the hospital are expected to propel the electronic skin market over the forecasted period.

By the IMARC Group, Some of the Top Competitive Landscape Operating in the Global Industry are Given Below:                                                   

• Bloomlife
• GENTAG Inc
• Holst Center
• iRhythm Technologies Inc
• MC10
• Quad Industries
• Rotex Global LLC (Hillenbrand Inc.)
• VivaLnk Inc
• Xenoma Inc
• Xsensio

Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/electronic-skin-market

Key Market Segmentation:

Breakup by Product:

• Electronic Skinsuits
• Electronic Patches

Breakup by Component:

• Stretchable Circuits
• Photovoltaics Systems
• Stretchable Conductors
• Electroactive Polymers

Breakup by Sensor:

• Tactile Sensors
• Chemical Sensors
• Electrophysiological Sensors
• Others

Breakup by Application:

• Health Monitoring Systems
• Drug Delivery Systems
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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