Electronic Skin Market Size to Reach USD 20.02 Billion By 2027 | Increase in Demand for Wearable Technology and Rise in Adoption of Artificial Intelligence in Healthcare will Continue to Drive Revenue Growth, says Reports and Data

Key players include Xensio, MC10, VivaLnk, Inc., Xenoma, iRhytm Technologies, Philips, Plastic Electronics GMBH, Dialog Semiconductor, Holst Center, and Koninklijke Philips N.V.

New York, New York, UNITED STATES


NEW YORK, Feb. 02, 2021 (GLOBE NEWSWIRE) -- The global electronic skin market is expected to reach a market size of USD 20.02 Billion in 2027 and register a CAGR of 20.6%, over the forecast period, according to the latest report by Reports and Data. Increase in prevalence of chronic disease and need for better fitness regime are some key factors expected to contribute to growth of the electronic skin market. Surge in demand for remote patient monitoring solutions and equipment is also expected to drive market growth.

Rising use of medical wearable devices for health monitoring is also expected to result in rising demand and adoption of electronic skin, and electronic skin can connect to most operating systems and can be connected via Bluetooth, making the product an alternative to smartwatches and fitness trackers. The rising trend of green materials is also boosting growth of the electronic skin market.

Get FREE Sample Copy with TOC of the Report to understand the structure of the complete report@ https://www.reportsanddata.com/sample-enquiry-form/3768

Growing emphasis on research and development in electronic skin technology is projected to continue to support market growth over the forecast period. Research is being conducted to develop skin that can sense temperature, sound, and pressure simultaneously.

The COVID-19 impact:

Demand for electronic skin technology increased significantly during the COVID-19 pandemic. Research is being conducted to use electronic skin for remotely monitoring patient health. Public and private companies are investing in research and development of electronic skin technology to cater to growing demand for wearable technologies.

Further key findings in the report

  • Electronic suit segment is forecast to register a relatively higher revenue growth rate during 2020–2027. Electronic suits are a convenient and effective solution for patient monitoring, and preference for these suits has been rising in the healthcare industry.
  • Technological advancements in the field of wearable devices using tactile sensors is driving revenue growth of the tactile sensors segment. Demand for tactile sensors is high in robotics, and for physiological monitoring and human-machine interface.
  • Health monitoring systems segment dominated other application segments in the electronic skin market in terms of revenue in 2019. Electronic skin tracks respiration, muscle movement, and heart rate that can be transmitted to their smartphone.
  • North America accounted for the higher revenue share contribution in the global electronic skin market as compared to other regional markets in 2019. The high rate of adoption of advanced technologies, high disposable income, and high level of awareness are key factors driving demand for electronic skin products in countries in the region.
  • Key players include Xensio, MC10, VivaLnk, Inc., Xenoma, iRhytm Technologies, Philips, Plastic Electronics GMBH, Dialog Semiconductor, Holst Center, and Koninklijke Philips N.V.

Buy Your Copy Now (Customized Report Delivered as per Your Specific Requirement)@ https://www.reportsanddata.com/checkout-form/3768

For the purpose of this report, Reports and Data has segmented the global electronic skin market on the basis of product, component, sensors, application, and region:

  • Product Outlook (Revenue, USD Billion; 2017-2027)
    • Electronic patches
    • Electronic skinsuits
  • Component Outlook (Revenue, USD Billion; 2017-2027)
    • Photovoltaics systems
    • Stretchable circuits
    • Stretchable conductors
    • Electroactive polymers
  • Sensors Outlook (Revenue, USD Billion; 2017-2027)
    • Chemical sectors
    • Tactile sensors
    • Electrophysiological Sensors
    • Others
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Health monitoring systems
    • Drug delivery systems
    • Cosmetics

Click on the link to read key highlights of the report and look at projected trends for years to come:   https://www.reportsanddata.com/report-detail/electronic-skin-market

  • Regional Outlook (Revenue, USD Billion; 2017-2027)
    • North America
      1. U.S.
      2. Canada
    • Europe
      1. Germany
      2. UK
      3. France
      4. BENELUX
      5. Rest of Europe
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. Rest of APAC
    • MEA
      1. Saudi Arabia
      2. UAE
      3. Rest of MEA
    • Latin America
      1. Brazil
      2. Rest of LATAM

Take a Look at our Related Reports:

Transit Cards Market Size, Share & Analysis, By Type (Bus Card, Subway Card, Others) By Application (Traffic, Transportation, Others), And By Region, Forecast To 2027

Augmented Reality in Retail Market Information By Device Type (Head Mounted Display, Handheld Device, Smart Augmented Reality Mirror), By Technology (Marker-based Augmented Reality, Marker-less Augmented Reality), By Retail Product Type (Furniture, Clothing, Groceries, Shoes, Jewelry, Toys, Makeup), And Region Forecast To 2027

E-Learning Market Size, Share & Analysis, By Technology (Online Learning, Learning Management Systems, Mobile Learning, Microlearning, Virtual Classrooms), By Application (Academic, Corporate, Healthcare, Government, Others), By Region, Forecast To 2027

About Reports and Data

Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.

Contact Us:

John W

Head of Business Development

Reports And Data | Web: www.reportsanddata.com

Direct Line: +1-212-710-1370

E-mail: sales@reportsanddata.com

LinkedIn | Twitter | Blogs

Read Full Press Release@ https://www.reportsanddata.com/press-release/global-electronic-skin-market