Electronic Skin Market Report: Trends, Forecast and Competitive Analysis to 2030

Electronic Skin Trends and Forecast

The future of the global electronic skin market looks promising with opportunities in the health monitoring system, drug delivery system, and cosmetic markets. The global electronic skin market is expected to reach an estimated $22.2 billion by 2030 with a CAGR of 18.7% from 2024 to 2030. The major drivers for this market are rising investments in the robotic technology, increasing need to curb surging healthcare expenditure, and growing adoption of wearable devices.

A more than 150-page report is developed to help in your business decisions.

Electronic Skin by Segment

The study includes a forecast for the global electronic skin by product, sensors, component, application, and region

Electronic Skin Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Electronic Skinsuits
• Electronic Patches

Electronic Skin Market by Sensors [Shipment Analysis by Value from 2018 to 2030]:

• Tactile Sensors
• Chemical Sectors
• Electrophysiological Sensors
• Others

Electronic Skin Market by Component [Shipment Analysis by Value from 2018 to 2030]:

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

Electronic Skin Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Health Monitoring Systems
• Drug Delivery Systems
• Cosmetics

Electronic Skin Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Electronic Skin Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electronic skin companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electronic skin companies profiled in this report include-

• MC10
• Xenoma
• VivaLNK
• GENTAG
• DIALOG Semiconductors
• Bloomlife

Electronic Skin Market Insights

Lucintel forecasts that electrophysiological sensors will remain the largest segment over the forecast period due to growing adoption of these sensors in various healthcare applications, such as restoration therapies, chronic disease, and physiological monitoring.

Within this market, health monitoring systems will remain the largest segment due to its increasing demand in various healthcare applications, such as diabetes, cardiology, and neurology.

North America will remain the largest region over the forecast period due to surging aging population and on-going research and developmental activities in the region.

Features of the Global Electronic Skin Market

Market Size Estimates: Electronic skin market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Electronic skin market size by various segments, such as by product, sensors, component, application, and region in terms of value ($B).

Regional Analysis: Electronic skin market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, sensors, components, applications, and regions for the electronic skin market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electronic skin market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the electronic skin market size?

Answer: The global electronic skin market is expected to reach an estimated $22.2 billion by 2030.

Q.2 What is the growth forecast for electronic skin market?

Answer: The global electronic skin market is expected to grow with a CAGR of 18.7% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the electronic skin market?

Answer: The major drivers for this market are rising investments in the robotic technology, increasing need to curb surging healthcare expenditure, and growing adoption of wearable devices.

Q4. What are the major segments for electronic skin market?

Answer: The future of the electronic skin market looks promising with opportunities in the health monitoring system, drug delivery system, and cosmetic markets.

Q5. Who are the key electronic skin market companies?

Answer: Some of the key electronic skin companies are as follows:

• MC10
• Xenoma
• VivaLNK
• GENTAG
• DIALOG Semiconductors
• Bloomlife

Q6. Which electronic skin market segment will be the largest in future?

Answer: Lucintel forecasts that electrophysiological sensors will remain the largest segment over the forecast period due to growing adoption of these sensors in various healthcare applications, such as restoration therapies, chronic disease, and physiological monitoring.

Q7. In electronic skin market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to surging aging population and on-going research and developmental activities in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the electronic skin market by product (electronic skinsuits and electronic patches), sensors (tactile sensors, chemical sectors, electrophysiological sensors, and others), component (stretchable circuits, photovoltaics systems, stretchable conductors, and electroactive polymers), application (health monitoring systems, drug delivery systems, and cosmetics), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?