According to a market report by Lucintel, the future of healthcare in the global stretchable and conformal electronic market looks promising with opportunities in the electronic skin patch, smart clothing, electrochemical test strip, and smart packaging product types. The healthcare in the global stretchable and conformal electronic market is expected to reach an estimated $3.98 billion by 2028 with a CAGR of 99% from 2023 to 2028. The major drivers for this market are the emergence of stretchable gadgets that record health data and analyze it by simulating a human brain and growing use of flexible medical patches to monitor patients with chronic illnesses, soldiers in battles, pilots, and premature babies.
Stretchable circuits, stretchable conductors, electroactive polymer, stretchable batteries, and photovoltaic are the major component segments of healthcare in stretchable and conformal electronic market. Lucintel forecasts that stretchable circuit segment is expected to witness the highest growth over the forecast period due to its wider usage in healthcare devices, such as wearable bio sensor, skin patches, and remote patient monitoring devices.
Within this market, smart clothing is expected to witness the highest growth over the forecast period due to the introduction of advanced wearable 2.0 with smart textiles for real-time monitoring to improve the quality of service and experience for a patient.
APAC is expected to witness the highest growth over forecast period due to the increasing development and acceptance of modern technology in the healthcare sector to provide patients with more effective and efficient services in the region.
Dow du pont, Vista Medical, Bebop Sensors, Sensor Tex, Polymatech Japan, and Hexoskin are the major suppliers of healthcare in the global stretchable and conformal electronic market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities for healthcare in the global stretchable and conformal electronic market by product type, component, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities for Healthcare in the Global Stretchable and Conformal Electronic Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for healthcare in the global stretchable and conformal electronic market by product type, component, and region, as follows:
Healthcare in Stretchable and Conformal Electronic Market by Product Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Electronic Skin Patches
Smart Clothing
Electrochemical Test Strips
Smart Packaging
Healthcare in Stretchable and Conformal Electronic Market by Component [Value ($B) Shipment Analysis from 2017 to 2028]:
Stretchable Circuits
Stretchable Conductors
Electroactive Polymers
Stretchable Batteries
Photovoltaic
Others
Healthcare in Stretchable and Conformal Electronic Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at
helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for healthcare in the global stretchable and conformal electronic market by product type (electronic skin patches, smart clothing, electrochemical test strips, and smart packaging), component (stretchable circuits, stretchable conductors, electroactive polymers, stretchable batteries, photovoltaic, and others), 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 five years and what has its impact been on the industry?