Global Electronic Skin Patches Market 2023-2029

Electronic skin patches are thin, flexible products that attach to the user's skin through the use of biocompatible adhesives. The electronic components of the product – including sensors, processors, and communication elements – are integrated into the skin patch. Compared to traditional wearable devices, electronic skin patches can be smaller, lighter, more comfortable, and less intrusive for users. Patches can be designed for single, short-term, or extended use. The global electronic skin patches market is anticipated to increase by USD 15.4 billion till 2029 at an average annual growth of 16.7 percent as per the latest report by Gen Consulting Company.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global electronic skin patches market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the product, application, end user, and region. The global market for electronic skin patches can be segmented by product: monitoring and diagnostic skin patches, therapeutic skin patches. The monitoring and diagnostic skin patches segment is estimated to account for the largest share of the global electronic skin patches market. Electronic skin patches market is further segmented by application: cardiovascular monitoring, diabetes management, general patient monitoring, others. The diabetes management segment held the largest revenue share in 2022. Based on end user, the electronic skin patches market is segmented into: home care settings, hospitals, physician offices & specialty clinics, others. On the basis of region, the electronic skin patches market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America was the largest contributor to the global electronic skin patches market in 2022.

Market Segmentation
By product: monitoring and diagnostic skin patches, therapeutic skin patches
By application: cardiovascular monitoring, diabetes management, general patient monitoring, others
By end user: home care settings, hospitals, physician offices & specialty clinics, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The market research report covers the analysis of key stake holders of the global electronic skin patches market. Some of the leading players profiled in the report include Abbott Laboratories, BioTelemetry, Inc., Bittium Corporation, Blue Spark Technologies, Inc., Borsam Biomedical Instruments Co., Ltd., Boston Scientific Corporation (Preventice Solutions, Inc.), Cardiomo Care Inc., Cortrium ApS, DexCom, Inc., Epicore Biosystems, Inc., General Electric Company, iRhythm Technologies, Inc., Isansys Lifecare Ltd., Koninklijke Philips N.V., LifeSignals Group Inc., Medtronic, Plc, Medtrum Technologies Inc., Nemaura Medical, Inc. (NMRD), Omron Healthcare, Inc., QT Medical, Inc., Quad Industries/Byteflies NV, Rooti Labs Limited, ScottCare Corporation, Senseonics, Inc., Sigknow Biomedical Inc., Smith & Nephew Plc (Leaf Healthcare Inc.), The Surgical Company (Sensium Healthcare Ltd), VitalConnect, Inc., VivaLNK, Inc, Zhejiang POCTech, Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global electronic skin patches market.
• To classify and forecast the global electronic skin patches market based on product, application, end user, region.
• To identify drivers and challenges for the global electronic skin patches market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global electronic skin patches market.
• To identify and analyze the profile of leading players operating in the global electronic skin patches market.

Why Choose This Report
• Gain a reliable outlook of the global electronic skin patches market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.