Electronic Skin Patches Market Research Report, By Component (Stretchable Circuits, Stretchable Conductors, Electro-active Polymers, Others), Application (Diabetes Management), and End User (Pharmacies, Online Channel, Others)- Forecast till 2027
Electronic Skin Patches Market Size To Expand at a Notable CAGR Of 18.3% During 2018 - 2023
Moreover, major companies in the market are involved in investing more in research and development and new product launches to strengthen their position in the market. For instance, in March 2017, 3M developed adhesives to improve wearable medical devices
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Segmentational Analysis:
On a regional basis, the electronic skin patches market in the Americas is predicted to dominate the market during the forecast period. The North American region holds a substantial share in the global market. This owes to the growth of federal healthcare regulations that curb the rising healthcare costs; rising government initiatives focusing on research and development activities. Moreover, America commands for the largest market for wearable tracking devices chiefly due to the presence of huge obese and diabetic population. According to the National Center for Chronic Disease, in 2014 9.3% of the population have diabetes and 37% of adult America population is suffering from obesity and overweight.
Currently, the global Electronic Skin Patches Market is dominated by numerous players. The major players in this market are involved in new product launches, strategic partnerships and collaborations to increase their product portfolio.
The global electronic skin patches market is segmented on the basis of component, application, and distribution channel.
Electronic Skin Patches Market, Key Players
- MC10 (US)
- Physical Optics Corporation (US)
- Dialog Semiconductor (UK)
- Intelesens Ltd. (UK)
- 3M (US)
- Koninklijke Philips N.V. (the Netherlands)
- Plastic Electronics GmbH (Austria)
- ROTEX Global (US)
- SMARTLIFEINC LIMITED (US)
- VivaLNK (US)
- Xenoma (US)
- Xsensio (Switzerland)
- GE Healthcare (US)
- Others
Targated Audience
- Medical device companies
- Analytical companies
- Government institutions
- Research and Development (R&D) companies
- Medical research laboratories
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