North America Electronic Skin Patches Market Forecast 2021-2028

KEY FINDINGS

The North America electronic skin patches market is projected to grow with a CAGR of 16.24%, over the forecast years of 2021 to 2028. The growing incidence of chronic and lifestyle-associated diseases, including cardiovascular conditions and diabetes, and the rising awareness about the importance of early diagnosis, primarily fuel the region's market growth.

MARKET INSIGHTS

The North America electronic skin patches market growth is assessed by evaluating Canada and the United States. According to the 2019 Diabetes Canada report, less than half of all Canadians can identify the early warning signs of diabetes. However, only 33% are aware that stroke is a significant complication of the chronic condition, with 40% identifying heart disease as a complication. The increasing rate of obesity in Canada, results in surging lifestyle-associated diseases, therefore augmenting the demand for monitoring and treatment of conditions linked to the disease.

Conversely, the country's market is further attributed to the growing geriatric population, as well as the prominence of point-of-care technology, in order to manage chronic conditions. The increasing penetration of tablets, mobile platforms, and smartphones, in addition to the inclination towards personal health and fitness, propels Canada's market growth. For instance, as per the Future of Connected Healthcare Reporting Canadian's Perspective on the Healthcare System, in association with HEC Montreal and CEFRIO, nearly 24% of Canadians utilize smartphone devices to track well-being and health conditions. As a result, these factors are projected to drive the country's market growth, during the forecast period.

COMPETITIVE INSIGHTS

Key players operating in the market are, DexCom Inc, MC10 Inc, General Electric Company, Abbott Laboratories, etc.

Our report offerings include:

• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation cater to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments

TABLE OF CONTENTS

1. RESEARCH SCOPE & METHODOLOGY

• 1.1. STUDY OBJECTIVES
• 1.2. SCOPE OF STUDY
• 1.3. METHODOLOGY
• 1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

• 2.1. MARKET SIZE & ESTIMATES
• 2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

• 3.1. KEY DRIVERS
  • 3.1.1. SURGING DEMAND FOR PERIODIC HEALTH MONITORING
  • 3.1.2. RISING PREVALENCE OF CHRONIC AND LIFESTYLE-ASSOCIATED DISEASES
  • 3.1.3. GROWING GERIATRIC POPULATION
  • 3.1.4. INCREASING FITNESS REGIMEN AMONG THE ADULT POPULATION
• 3.2. KEY RESTRAINTS
  • 3.2.1. HIGH INITIAL COST, COMPLEX DESIGNING, AND MATERIAL DEGRADATION
  • 3.2.2. LACK OF INTEROPERABILITY AND DATA SECURITY

4. KEY ANALYTICS

• 4.1. PORTER'S FIVE FORCES ANALYSIS
  • 4.1.1. THREAT OF NEW ENTRY
  • 4.1.2. THREAT OF SUBSTITUTION
  • 4.1.3. BUYER'S POWER
  • 4.1.4. SUPPLIER'S POWER
  • 4.1.5. COMPETITIVE RIVALRY
• 4.2. IMPACT OF COVID-19 ON ELECTRONIC SKIN PATCHES MARKET
• 4.3. REGULATORY FRAMEWORK
• 4.4. OPPORTUNITY MATRIX
• 4.5. VENDOR LANDSCAPE
• 4.6. KEY INVESTMENT INSIGHTS

5. MARKET BY TYPE

• 5.1. MONITORING AND DIAGNOSTIC ELECTRONIC SKIN PATCHES
• 5.2. THERAPEUTIC ELECTRONIC SKIN PATCHES

6. MARKET BY THERAPEUTICS

• 6.1. DIABETES MANAGEMENT
• 6.2. CARDIOVASCULAR MANAGEMENT AND TEMPERATURE MONITORING
• 6.3. PAIN MANAGEMENT
• 6.4. OTHER THERAPEUTICS

7. MARKET BY APPLICATION

• 7.1. PERSONAL HEALTHCARE MONITORING
• 7.2. WEARABLE TECHNOLOGY
• 7.3. OTHER APPLICATIONS

8. GEOGRAPHICAL ANALYSIS

• 8.1. NORTH AMERICA
  • 8.1.1. MARKET SIZE & ESTIMATES
  • 8.1.2. KEY GROWTH ENABLERS
  • 8.1.3. KEY CHALLENGES
  • 8.1.4. KEY PLAYERS
  • 8.1.5. COUNTRY ANALYSIS
    • 8.1.5.1. UNITED STATES
    • 8.1.5.2. CANADA

9. COMPETITIVE LANDSCAPE

• 9.1. KEY STRATEGIC DEVELOPMENTS
  • 9.1.1. MERGER & ACQUISITIONS
  • 9.1.2. PRODUCT LAUNCH & DEVELOPMENTS
  • 9.1.3. PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
  • 9.1.4. BUSINESS EXPANSION/ APPROVAL/ ANNOUNCEMENT
• 9.2. COMPANY PROFILE
  • 9.2.1. ABBOTT LABORATORIES
  • 9.2.2. BIOTELEMETRY INC
  • 9.2.3. DEXCOM INC
  • 9.2.4. GE HEALTHCARE
  • 9.2.5. INSULET CORP
  • 9.2.6. IRHYTHM TECHNOLOGIES INC
  • 9.2.7. KONINKLIJKE PHILIPS NV
  • 9.2.8. LIFESIGNALS
  • 9.2.9. MC10 INC
  • 9.2.10. MEDTRONIC PLC
  • 9.2.11. NEMAURA MEDICAL INC
  • 9.2.12. OMRON CORPORATION
  • 9.2.13. SENSEONICS HOLDING INC
  • 9.2.14. VITALCONNECT
  • 9.2.15. VIVALNK

LIST OF TABLES

• TABLE 1: MARKET SNAPSHOT - ELECTRONIC SKIN PATCHES
• TABLE 2: NUMBER OF PERSONS AGED 65 YEARS OR OVER, 2019 AND 2050
• TABLE 3: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
• TABLE 4: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
• TABLE 5: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY THERAPEUTICS, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
• TABLE 6: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY THERAPEUTICS, FORECAST YEARS, 2021-2028 (IN $ MILLION)
• TABLE 7: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY APPLICATION, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
• TABLE 8: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY APPLICATION, FORECAST YEARS, 2021-2028 (IN $ MILLION)
• TABLE 9: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
• TABLE 10: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
• TABLE 11: LEADING PLAYERS OPERATING IN NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET

LIST OF FIGURES

• FIGURE 1: CHRONIC CONDITIONS IN PATIENTS HOSPITALIZED WITH COVID-19 IN THE UNITED STATES
• FIGURE 2: PORTER'S FIVE FORCE ANALYSIS
• FIGURE 3: OPPORTUNITY MATRIX
• FIGURE 4: VENDOR LANDSCAPE
• FIGURE 5: KEY INVESTMENT INSIGHTS
• FIGURE 6: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY TYPE, IN 2020
• FIGURE 7: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY MONITORING AND DIAGNOSTIC ELECTRONIC SKIN PATCHES, 2021-2028 (IN $ MILLION)
• FIGURE 8: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY THERAPEUTIC ELECTRONIC SKIN PATCHES, 2021-2028 (IN $ MILLION)
• FIGURE 9: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY THERAPEUTICS, IN 2020
• FIGURE 10: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY DIABETES MANAGEMENT, 2021-2028 (IN $ MILLION)
• FIGURE 11: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY CARDIOVASCULAR MANAGEMENT AND TEMPERATURE MONITORING, 2021-2028 (IN $ MILLION)
• FIGURE 12: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY PAIN MANAGEMENT, 2021-2028 (IN $ MILLION)
• FIGURE 13: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY OTHER THERAPEUTICS, 2021-2028 (IN $ MILLION)
• FIGURE 14: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY APPLICATION, IN 2020
• FIGURE 15: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY PERSONAL HEALTHCARE MONITORING, 2021-2028 (IN $ MILLION)
• FIGURE 16: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY WEARABLE TECHNOLOGY, 2021-2028 (IN $ MILLION)
• FIGURE 17: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, BY OTHER APPLICATIONS, 2021-2028 (IN $ MILLION)
• FIGURE 18: NORTH AMERICA ELECTRONIC SKIN PATCHES MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)
• FIGURE 19: UNITED STATES ELECTRONIC SKIN PATCHES MARKET, 2021-2028 (IN $ MILLION)
• FIGURE 20: CANADA ELECTRONIC SKIN PATCHES MARKET, 2021-2028 (IN $ MILLION)