Market Research Report
Global Electronic Skin Patches Market By Component, By Application, By End User, By Region, Competition, Forecast & Opportunities, 2026
|Global Electronic Skin Patches Market By Component, By Application, By End User, By Region, Competition, Forecast & Opportunities, 2026|
Published: September 1, 2021
Content info: 112 Pages
Delivery time: 2-3 business days
Global electronic skin patches market is expected to grow at a double-digit CAGR during the next five years. They are helpful in monitoring prevalent chronic diseases like diabetes, cardiac diseases, etc. The increasing awareness for the product, which is causing people to pay more heed to personal care and fitness is the major driving factor for the market. However, lack of interoperability and lack of awareness might hamper the growth of the market.
The global electronic skin patches market is segmented on the basis of application, material, type, end user, and region. Based on application, the market is further segmented into cardiovascular monitoring, wireless inpatient monitoring, diabetes management, Iontophoresis skin patches and sweat sensing. Among these, cardiovascular monitoring segment dominated the market in 2020 owing to increasing cases of cardiac diseases which require electronic skin patches.
Regionally, global electronic skin patches market is segmented into North America, Asia-Pacific, Middle East & Africa, Europe and South America. Here, North America held the largest market share in the year 2020 by virtue of the presence of health-regulatory bodies like food and drug administration (FDA), in the USA, and increased funding from government and other related organizations.
Major players in the global electronic skin patches market include Vitalconnect Inc., Smith & Nephew Plc. (Leaf Healthcare Inc.), Quad industries SA, Loreal SA, Sensium Healthcare Ltd, iRhythm Technologies Inc., VivaLNK, Inc., WearOptimo Pty. Ltd., Enfucell Oy, GE Healthcare, DexCom Inc, Insulet Corporation, Abbott Laboratories, Inc., Koninklijke Philips N.V., MC10, Inc. and others.
Years considered for this report:
Objective of the Study:
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufactures across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of global electronic skin patches market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
In this report, global electronic skin patches market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Health Monitoring Systems
Drug Delivery Systems
Hospitals & Clinics
Ambulatory Surgical Centers
Middle East & Africa
Company Profiles: Detailed analysis of the major companies present in global electronic skin patches market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: