Thestudy offers a comprehensive overview of the technologies, volume size, rawmaterials, and in-depth analysis of the market with a dedicated section for theprofiling of key companies. The report also offers trends and patterns that areprojected to influence the growth of the Electronic Skin Patches market duringthe forecast period of 2020-2027.
Growingtechnological advancement is a significant factor in driving the market growth.Stanford University’s researchers have designed a very sensitive sensor to beintegrated into an electronic skin attached to a prosthetic limb to imitate thesense of touch, along with other functionalities.
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Further key findings fromthe report suggest
- In January 2019, Holst Centre announced the launch of a disposable health patch for taking measurements of vital signs associated with human health. An essential technology enhancement in this groundbreaking health patch is incorporating an extensive range of sensors into MUSEIC V3 SoC solution by imec.
- Electroactive polymers held the second largest market share in 2019 as it can alter size and shape based on the fluctuating electric field. These polymers possess distinctive properties like low density, improved mechanical flexibility, structural simplicity, absence of acoustic noise, and low cost.
- Cosmetic patches drive an innovative delivering system of active cosmetic ingredients across the skin barrier, thereby resolving the hurdles associated with stability observed during the usage of specific actives.
- Europe contributed to the second largest electronic skin patches market share in 2019 attributed to the developing healthcare sector and increased investment in R&D activities.
Furthermore,the report offers insights into the segmentation of the Electronic Skin Patchesindustry based on product types, applications, end-user, technology, and key regions.The study also assesses the market segment expected to show significant growthin the coming years.
· Component Outlook (Revenue, USD Billion; 2017-2027)
o Stretchable Circuits
o Photovoltaic Systems
o Stretchable Conductors
o Electroactive Polymers
· Application Outlook (Revenue, USD Billion;2017-2027)
o Health Monitoring Systems
o Drug Delivery Systems
o Cosmetics
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