Electronic Skin Patch Market to cross USD 50 billion by 2032, Says Global Market Insights inc.
Electronic Skin Patch Industry size is expected to register 14% CAGR between 2024 and 2032 propelled by advancements in flexible electronics technology.
Selbyville, Delaware, Oct. 08, 2024 (GLOBE NEWSWIRE) — Electronic Skin Patch Market was valued at USD 16.5 billion in 2023 and is projected to be worth USD 50 billion by the end of 2032, as per a
North America led the global electronic skin patch market, commanding over 30% share in 2023. The region’s advanced healthcare infrastructure and swift adoption of innovative medical technologies bolster its dominance. A strong emphasis on research and development, backed by substantial public and private investments, catalyzes the evolution of state-of-the-art electronic skin patches. In the U.S., a blend of elevated healthcare spending and a pronounced tilt towards technological advancements accelerates the market expansion.
Electronic Skin Patch Market Players
Companies including Abbott, Dexcom, Inc., Insulet Corporation, iRhythm Technologies, Inc. (Zio), Koninklijke Philips N.V., Medtronic, Vitalconnect are some firms working in electronic skin patch industry.
The electronic skin patch market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Million) from 2021 to 2032, for the following segments:
Market, Product Type
- Monitoring & Diagnostic
- Therapeutic Patches
Market, By Application
- Diabetes management
- Cardiovascular monitoring
- General patient monitoring
- Temperature sensing
- Electrical simulation
- Iontophoresis
- Sweet sensing
- Wound monitoring & treatment
- Motion sensing
- Others
Market, By End-user
- Hospitals & Clinics
- Home Care Settings
- Fitness Centers & Sports Academies
- Research Institutes
- Others
Market, By Distribution Channel
- Online
- Offline
Market, By Wireless Connectivity
- Connected
- Non-connected
About Global Market Insights
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
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