Sales in the electronic skin market are expected to reach $ 33.5 billion by 2031 as the use of health monitoring systems and drug delivery systems increases


“Electronic Skin Market Research Report – InsightSLICE”

According to a new Electronic Skin market report released by InsightSLICE, increasing investments by manufacturers to introduce innovative products to the market should spur growth.

Global Electronic Skin Market Size by 2021 | Impact of Covid-19 on Global Healthcare Industry Analysis by Size, Trends, Growth, Share, Key Players, Merger, Statistics, Competitive Landscape, and Regional Forecast to 2031 is the latest study published by InsightSLICE. The electronic skin market is expected to grow at a CAGR of 19.5% in 2021 and 2031, reaching $ 33.5 billion by 2031. The electronic skin market has been growing steadily for the past decade. The contribution of market participants in terms of innovation, sales and geographic penetration was remarkable.

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The expansion of the application portfolio is another reason for the growth of the electronic skin market. Supportive regulations by regulators contribute to market growth. Demand across all areas of application is dynamic from the start. This is due to the wide range of options available to market participants.

Qualitative analysis

The research report contains a separate chapter on qualitative analysis. We took a descriptive approach in putting this chapter together. The macro and microeconomic factors determine market share and growth. These factors have been carefully understood through secondary and primary sources. All of these factors have been explained under the headings growth promoting factors, growth inhibiting factors, market and technology trends, etc. Depending on their contribution and growth potential, five countries were selected for the PESTEL analysis and described in the report.

Competitive intelligence

The electronic skin market is highly competitive with a mix of global and regional players. Leading actors strive to keep their share, while regional actors strive to meet domestic demand. The export-import trade is actively pursued by the global players with the support of middlemen. The report explains the composition of the Electronic Skin market. The market share of leading global players is estimated and presented in this report. A separate section contains profiles of prominent global market participants. Profiles contain information on geographic reach, offers, financial performance, strategic steps, etc.

Among the major players in the global Electronic Skin Market are MC10, Xensio, Rotex Inc.. Intelesens GmbH, Imageryworks Pty Ltd, Dialog devices Limited, SmartLifeinc Limited, Xenoma Inc., Plastic electronic GmbH, and VivaLnK, Inc, and other.

Market segmentation as follows:

Based on product

  • Electronic skinsuits
  • Electronic patches
  • Other

Based on component

  • Stretchable circuits
  • Photovoltaic systems
  • Extensible ladder
  • Electroactive Polymers
  • Other

Based on sensor type

  • Tactile sensors
  • Chemical industries
  • Electrophysiological sensors
  • Other

Based on the application type

  • Health monitoring systems
  • Drug delivery systems
  • cosmetics
  • Other

(Regional performance, demand and forecast by country)

The Electronic Skin market performance in five major global regions, North America, Europe, Asia-Pacific, Middle East and Africa, and South America, has been independently assessed. For each region there are specific chapters that contain a cross-sectional analysis. Trends prevalent in major countries and in each region have been carefully identified and explained. The root-level developments recorded by the author of this report have produced insightful data.

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Market size and forecast

Based on extensive primary and secondary research as well as analyst understanding, electronic skin market sales have been estimated. A balanced approach including bottom-up and top-down research leads to high accuracy. Desk research sources include company annual reports, white papers, organizational statistics, paid databases, and so on. While primary sources are first-hand and include inputs from ecosystem participants namely manufacturers, middlemen, integrators, consultants, buyers, and end-users. The validation of the data is guaranteed because there is an understanding of the supply and demand side. The growth of the Electronic Skin market is influenced by factors such as cross-application demand, regulatory framework, geographic penetration, etc.

Consequences of COVID-19

The unforeseen global crisis: COVID-19 has made it difficult for almost every sector and the electronic skin market is no exception. In order to find out the real-time developments in the electronic skin market, our analysts were in contact with active industry participants. Consequences of the pandemic and temporary precautions taken by ecosystem participants to cope with the situation were cited in this report. Guest contributions from industry players and our analysts related to the recovery path were highlighted.

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About us:

InsightSLICE is a market research and strategy consulting company. The company offers tailor-made market research studies off the shelf. The company’s focus is on strategy consulting for the provision of end-to-end solutions. InsightSLICE was created to support established companies, startups, and nonprofits from a variety of industries including packaging, automotive, healthcare, chemicals and materials, industrial automation, consumer goods, electronics and semiconductors, IT and telecommunications, and energy among others.

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Company Name: Insight SLICE
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Phone: +1 (707) 736 6633
Country: United States

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