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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. Sample figures with some insights are shown below.
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?
For any questions related to electronic skin market or related to electronic skin companies, electronic skin market size, electronic skin market share, electronic skin market growth, electronic skin market research, write Lucintel analyst at email: helpdesk@lucintel.com we will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Electronic Skin Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Electronic Skin Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Electronic Skin Market by Product
3.3.1: Electronic Skinsuits
3.3.2: Electronic Patches
3.4: Global Electronic Skin Market by Sensors
3.4.1: Tactile Sensors
3.4.2: Chemical Sectors
3.4.3: Electrophysiological Sensors
3.4.4: Others
3.5: Global Electronic Skin Market by Component
3.5.1: Stretchable Circuits
3.5.2: Photovoltaics Systems
3.5.3: Stretchable Conductors
3.5.4: Electroactive Polymers
3.6: Global Electronic Skin Market by Application
3.6.1: Health Monitoring Systems
3.6.2: Drug Delivery Systems
3.6.3: Cosmetics
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Electronic Skin Market by Region
4.2: North American Electronic Skin Market
4.2.1: North American Electronic Skin Market by Sensors: Tactile Sensors, Chemical Sectors, Electrophysiological Sensors, and Others
4.2.2: North American Electronic Skin Market by Application: Health Monitoring Systems, Drug Delivery Systems, and Cosmetics
4.3: European Electronic Skin Market
4.3.1: European Electronic Skin Market by Sensors: Tactile Sensors, Chemical Sectors, Electrophysiological Sensors, and Others
4.3.2: European Electronic Skin Market by Application: Health Monitoring Systems, Drug Delivery Systems, and Cosmetics
4.4: APAC Electronic Skin Market
4.4.1: APAC Electronic Skin Market by Sensors: Tactile Sensors, Chemical Sectors, Electrophysiological Sensors, and Others
4.4.2: APAC Electronic Skin Market by Application: Health Monitoring Systems, Drug Delivery Systems, and Cosmetics
4.5: ROW Electronic Skin Market
4.5.1: ROW Electronic Skin Market by Sensors: Tactile Sensors, Chemical Sectors, Electrophysiological Sensors, and Others
4.5.2: ROW Electronic Skin Market by Application: Health Monitoring Systems, Drug Delivery Systems, and Cosmetics
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Electronic Skin Market by Product
6.1.2: Growth Opportunities for the Global Electronic Skin Market by Sensors
6.1.3: Growth Opportunities for the Global Electronic Skin Market by Component
6.1.4: Growth Opportunities for the Global Electronic Skin Market by Application
6.1.5: Growth Opportunities for the Global Electronic Skin Market by Region
6.2: Emerging Trends in the Global Electronic Skin Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Electronic Skin Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Electronic Skin Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: MC10
7.2: Xenoma
7.3: VivaLNK
7.4: GENTAG
7.5: DIALOG Semiconductors
7.6: Bloomlife
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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