Product Code: GVR-4-68039-037-3
Electronic Skin Market Growth & Trends
The global electronic skin market size is expected to reach USD 19.6 billion by 2027, expanding at a CAGR of 20.5%, according to a new report by Grand View Research, Inc. The rising number of geriatric population and continuous technological advancements are driving the market. Moreover, in the e-textile area, researchers are using 3D printing to make material that can store and harvest electricity as well as fulfill fashion demand. These players are focusing on the miniaturization of products and continuous technological development. The major players in the industry are investing in research and development activities and are continuously innovating their products.
For Instance, Xenoma is developing an e-skin that monitors fitness and health with printed circuit fabrics. Many researchers are addressing electronic skin due to its relevant application in robotics and biomedical system. Thin soft sensors that stick onto the skin are transforming healthcare. The data they collect is fed into a machine-learning algorithm to monitor spot abnormalities and tract treatment. These sensors can track biological and physiological signals such as breathing, motion, temperature, and cardiac rhythms.
Many players in the industry are commercializing soft biosensors system that measures clinical data continuously. These electronic skins can monitor electric pulses from the heart and are more effective than the intermittent hospital's check-ups. The increasing number of diabetes patients and rising awareness about self-monitoring are also increasing the demands. According to the International Diabetes Federation, the number of people with diabetes is expected to reach 700 million by 2045.
Electronic Skin Market Report Highlights
North America captured the largest share in 2019 owing to the factors such as the presence of a large number of market players and high adoption rate
By product type, electronic patches dominated the market owing to rising awareness about self-monitoring in healthcare
By component, stretchable circuits dominated the market owing to its high use in various application of healthcare and e-textile
Based on sensors, the tactile sensors segment is expected to witness the fastest CAGR over the forecast period owing to the high adoption rate in the field of robotics, machine learning, and physiological monitoring
Based on application, the drug delivery system segment is expected to grow at the fastest pace owing to increasing diabetes patients
Key players are focusing on the miniaturization of products and continuous technological development
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. By product
- 1.1.2. By component
- 1.1.3. By sensors
- 1.1.4. By application
- 1.1.5. Country scope
- 1.1.6. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.4. Information or Data Analysis
- 1.4.1. Data analysis models
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.6.1. Commodity flow analysis (Model 1)
- 1.6.1.1. Approach 1: Commodity flow approach
- 1.6.2. Volume price analysis (Model 2)
- 1.6.2.1. Approach 2: Volume price analysis
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
- 1.9.1. Objective 1
- 1.9.2. Objective 2
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Product outlook
- 2.2.2. Component outlook
- 2.2.3. Sensors outlook
- 2.2.4. Application outlook
- 2.2.5. Regional outlook
- 2.3. Competitive Insights
Chapter 3. Electronic SkinMarket Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Reimbursement framework
- 3.4. Market Dynamics
- 3.4.1. Market driver analysis
- 3.4.1.1. Growth in funding by private and public organizations
- 3.4.1.2. Increasing number of product launches
- 3.4.1.3. Rising adoption of wearable devices
- 3.4.1.4. Increasing geriatric population
- 3.4.2. Market restraint analysis
- 3.4.2.1. High research and development costs
- 3.4.2.2. High device cost
- 3.5. Electronic SkinMarket Analysis Tools
- 3.5.1. Industry analysis - Porter's
- 3.5.1.1. Supplier power
- 3.5.1.2. Buyer power
- 3.5.1.3. Substitution threat
- 3.5.1.4. Threat of new entrant
- 3.5.1.5. Competitive rivalry
- 3.5.2. PESTEL analysis
- 3.5.2.1. Political landscape
- 3.5.2.2. Technological landscape
- 3.5.2.3. Economic landscape
- 3.5.3. Major deals & strategic alliances analysis
- 3.5.4. Market entry strategies
Chapter 4. Electric Skin Market: By Product Estimates & Trend Analysis
- 4.1. Definitions and Scope
- 4.1.1. Electronic Skin Suits
- 4.1.2. Electronic Patches
- 4.2. Product Market Share, 2019 & 2027
- 4.3. Segment Dashboard
- 4.4. Electronic Skin Market, by Product Outlook
- 4.4.1. Electronic skin suits
- 4.4.1.1. Electronic skin suitsmarket estimates and forecast, 2016 - 2027 (USD Million)
- 4.4.2. Electronic patches
- 4.4.2.1. Electronic patches market estimates and forecast, 2016 - 2027 (USD Million)
Chapter 5. Electronic Skin Market: By Component Estimates & Trend Analysis
- 5.1. Definitions and Scope
- 5.1.1. Stretchable circuits
- 5.1.2. Photovoltaic systems
- 5.1.3. Stretchable conductors
- 5.1.4. Electroactive polymers
- 5.2. By Application Market Share, 2019 & 2027
- 5.3. Segment Dashboard
- 5.4. Electronic Skin, by component Outlook
- 5.4.1. Stretchable circuits
- 5.4.1.1. Stretchable skinmarket estimates and forecast, 2016 - 2027 (USD Million)
- 5.4.2. Photovoltaic systems
- 5.4.2.1. Photovoltaics systemsmarket estimates and forecast, 2016 - 2027 (USD Million)
- 5.4.3. Stretchable conductors
- 5.4.3.1. Stretchable conductors market estimates and forecast, 2016 - 2027 (USD Million)
- 5.4.4. Electroactive polymers
- 5.4.4.1. Electroactive polymers market estimates and forecast, 2016 - 2027 (USD Million)
Chapter 6. Electronic Skin: By Sensors Estimates & Trend Analysis
- 6.1. Definitions and Scope
- 6.1.1. Tactile Sensors
- 6.1.2. Chemical Sensors
- 6.1.3. Electrophysiological Sensors
- 6.1.4. Others
- 6.2. By End-use Market Share, 2019 & 2027
- 6.3. Segment Dashboard
- 6.4. Global Electronic Skin Market, by Sensors Outlook
- 6.4.1. Tactile Sensors
- 6.4.1.1. Tactile sensorsmarket estimates and forecast, 2016 - 2027 (USD Million)
- 6.4.2. Chemical sensors
- 6.4.2.1. Chemical sensors market estimates and forecast, 2016 - 2027 (USD Million)
- 6.4.3. Electrophysiological sensors
- 6.4.3.1. Electrophysiological sensors market estimates and forecast, 2016 - 2027 (USD Million)
- 6.4.4. Others
- 6.4.4.1. Other sensors market estimates and forecast, 2016 - 2027 (USD Million)
Chapter 7. Electronic Skin: By Application Estimates & Trend Analysis
- 7.1. Definitions and Scope
- 7.1.1. Health Monitoring Systems
- 7.1.2. Drug Delivery Systems
- 7.1.3. Cosmetics
- 7.2. By End-use Market Share, 2019 & 2027
- 7.3. Segment Dashboard
- 7.4. Electronic Skin Market, by Application Outlook
- 7.4.1. Health Monitoring Systems
- 7.4.1.1. Health monitoring systems market estimates and forecast, 2016 - 2027 (USD Million)
- 7.4.2. Drug Delivery Systems
- 7.4.2.1. Drug delivery systems market estimates and forecast, 2016 - 2027 (USD Million)
- 7.4.3. Cosmetics
- 7.4.3.1. Cosmetics market estimates and forecast, 2016 - 2027 (USD Million)
Chapter 8. Electronic Skin Market: Country Estimates & Trend Analysis
- 8.1. Country Market Share Analysis, 2019 & 2027
- 8.2. County Market Dashboard
- 8.3. Regional Market Snapshot
- 8.4. Regional Market Share and Leading Players, 2019
- 8.4.1. North America
- 8.4.2. Europe
- 8.4.3. Asia Pacific
- 8.4.4. Latin America
- 8.4.5. Middle East and Africa
- 8.5. SWOT Analysis, by Factor (Political & Legal, Economic and Technological)
- 8.5.1. North America
- 8.5.2. Europe
- 8.5.3. Asia Pacific
- 8.5.4. Latin America
- 8.5.5. Middle East and Africa
- 8.6. Market Size, & Forecasts, Volume and Trend Analysis, 2019 to 2027:
- 8.7. North America
- 8.7.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.7.2. The U.S.
- 8.7.2.1. U.S.market estimates and forecast, 2016 - 2027 (USD Million)
- 8.7.3. Canada
- 8.7.3.1. Canada market estimates and forecast, 2016 - 2027 (USD Million)
- 8.8. Europe
- 8.8.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.8.2. The U.K.
- 8.8.2.1. The U.K.market estimates and forecast, 2016 - 2027 (USD Million)
- 8.8.3. Germany
- 8.8.3.1. Germany market estimates and forecast, 2016 - 2027 (USD Million)
- 8.8.4. France
- 8.8.4.1. France market estimates and forecast, 2016 - 2027 (USD Million)
- 8.8.5. Italy
- 8.8.5.1. Italy market estimates and forecast, 2016 - 2027 (USD Million)
- 8.8.6. Spain
- 8.8.6.1. Spain market estimates and forecast, 2016 - 2027 (USD Million)
- 8.9. Asia Pacific
- 8.9.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.9.2. Japan
- 8.9.2.1. Japan market estimates and forecast, 2016 - 2027 (USD Million)
- 8.9.3. China
- 8.9.3.1. China market estimates and forecast, 2016 - 2027 (USD Million)
- 8.9.4. India
- 8.9.4.1. India market estimates and forecast, 2016 - 2027 (USD Million)
- 8.9.5. South Korea
- 8.9.5.1. South Koreamarket estimates and forecast, 2016 - 2027 (USD Million)
- 8.9.6. Australia
- 8.9.6.1. Australia market estimates and forecast, 2016 - 2027 (USD Million)
- 8.10. Latin America
- 8.10.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.10.2. Brazil
- 8.10.2.1. Brazil market estimates and forecast, 2016 - 2027 (USD Million)
- 8.10.3. Mexico
- 8.10.3.1. Mexico market estimates and forecast, 2016 - 2027 (USD Million)
- 8.10.4. Argentina
- 8.10.4.1. Argentina market estimates and forecast, 2016 - 2027 (USD Million)
- 8.10.5. Colombia
- 8.10.5.1. Colombia market estimates and forecast, 2016 - 2027 (USD Million)
- 8.11. Middle East & Africa
- 8.11.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.11.2. South Africa
- 8.11.2.1. South Africa market estimates and forecast, 2016 - 2027 (USD Million)
- 8.11.3. Saudi Arabia
- 8.11.3.1. Saudi Arabia market estimates and forecast, 2016 - 2027 (USD Million)
- 8.11.4. UAE
- 8.11.4.1. UAE market estimates and forecast, 2016 - 2027 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Recent Developments & Impact Analysis, By Key Market Participants
- 9.2. Company/Competition Categorization
- 9.3. Vendor Landscape
- 9.3.1. List of key distributors and channel partners
- 9.3.2. Key customers
- 9.3.3. Key company market share analysis, 2019
- 9.3.4. MC10
- 9.3.4.1. Company overview
- 9.3.4.2. Financial performance
- 9.3.4.3. Product benchmarking
- 9.3.4.4. Strategic initiatives
- 9.3.5. Xensio
- 9.3.5.1. Company overview
- 9.3.5.2. Financial performance
- 9.3.5.3. Product benchmarking
- 9.3.5.4. Strategic initiatives
- 9.3.6. Xenoma
- 9.3.6.1. Company overview
- 9.3.6.2. Financial performance
- 9.3.6.3. Product benchmarking
- 9.3.6.4. Strategic initiatives
- 9.3.7. VivaLnk, Inc
- 9.3.7.1. Company overview
- 9.3.7.2. Financial performance
- 9.3.7.3. Product benchmarking
- 9.3.7.4. Strategic initiatives
- 9.3.8. iRhytm Technologies
- 9.3.8.1. Company overview
- 9.3.8.2. Financial performance
- 9.3.8.3. Product benchmarking
- 9.3.8.4. Strategic initiatives
- 9.3.9. Holst Center
- 9.3.9.1. Company overview
- 9.3.9.2. Financial performance
- 9.3.9.3. Product benchmarking
- 9.3.9.4. Strategic initiatives
- 9.3.10. Byteflies & Quad Industries
- 9.3.10.1. Company overview
- 9.3.10.2. Financial performance
- 9.3.10.3. Product benchmarking
- 9.3.10.4. Strategic initiatives
- 9.3.11. Philips
- 9.3.11.1. Company overview
- 9.3.11.2. Financial performance
- 9.3.11.3. Product benchmarking
- 9.3.11.4. Strategic initiatives
- 9.3.12. Plastic Electronics GMBH
- 9.3.12.1. Company overview
- 9.3.12.2. Financial performance
- 9.3.12.3. Product benchmarking
- 9.3.12.4. Strategic initiatives