Electronic Skin Market was valued at US$ 6.57 Bn. in 2021. The Global Electronic Skin Market size is estimated to grow at a CAGR of 20.4 % over the forecast period.
The Maximize Market Research has published a global market intelligence and research report on Electronic Skin Market on 23th November 2022. Leading analyst at Maximize Market research has said that North America held the largest market share of 38% in 2021 and is expected to keep its dominance in forecast period. However, market opportunities for Electronic Skin are increasing in developing economies in APAC region and India, Malaysia. Bangladesh, Vietnam are lucrative opportunities for the key players in the industry.
The report has covered the 34 countries across the world, which are supposed to be the attractive destinations for stakeholders in the industry. The key players selected for profiling and benchmarking are selected on their global presence, regional dominance, and probable investment criteria. The analyst at MMR has tried to give good representation to global, regional and local players in the competitive landscape. “Having said this, Sr. Analyst has said that, while estimating market size by different segment, they have not left any stone unturned to derive the total market size and market size by regions. All the local, regional and global players’ contribution to total market by supply side has been considered.
Electronic Skin Market was valued at US$ 6.57 Bn. in 2021. The Global Electronic Skin Market size is estimated to grow at a CAGR of 20.4 % over the forecast period.
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Electronic Skin Market Overview:
Electronic Skin Market has been five regions i.e. North America, Europe, Middles East, APAC and South America are further segmented by countries. Total 34 countries are covered in the report. The report has done the micro level analysis of each country to come up with total market size by countries and segments. Regional and global market size are estimated by using bottom up approach. Contribution of unorganized market in total market size is derived through micro level study of each country and numbers are validated by interviews with industry experts in each country. Paid and free data base are used to do the secondary research and analysis of the same. Consumption in each country by type and supply by each players are sourced through authentic government database, paid database, company’s annual reports in case listed companies. If company’s annual reports are not available publicly, same are purchased through each government’ tax department in each country.
Apart from market size and forecasting, the report has covered the recent developments, key trends, M&A, government regulations, purchasing pattern of the customers. Macroeconomic indicators in each economy are studied to understand the future course of action for the market.
SWOT analysis of each player, PESTLE and PORTER”S analysis benchmarking of key players on different parameters made this report exclusive and investors guide.
Market Segmentation:
The market for electronic skin is divided into two categories: electronic patches and electronic skinsuits. With 93.6% of all sales in 2021 going to electronic skin patches, they dominated the industry. Electronic skin patches contain actuators, sensors with appropriate processing, communication, and energy storage. Electronic skin patches are becoming more and more common due to their versatility in a range of personal care applications. While allowing patients to speak with their doctors, this technology keeps them out of hospitals. These electronic patches are used for temperature sensing, inpatient and outpatient remote patient monitoring, motion detection, and diabetes self-monitoring. The sector for electronic suits is anticipated to grow at the quickest rate during the course of the forecast.
Key players:
• Physical Optics Corporation
• Dialog Semiconductor
• Intelesens Ltd
• 3M
• Koninklijke Philips N.V.
• Plastic Electronics GmbH
• ROTEX Global
• SMARTLIFEINC LIMITED
• VivaLNK
• Xenoma
• Xsensio.
• Chrono Therapeutics
• iRhythm Technologies, Inc
• Quad Industries
• Bloomlife
• Dexcom, Inc
The research provides a comprehensive review of the Electronic Skin market’s presence in various sectors and nations. The research analyst aims to discover hidden development potential that may be utilized by organizations in various parts of the world by doing a thorough geographical study of the sector. Global Electronic Skin Market research provides exact knowledge that enables market participants to compete successfully with their greatest competitors based on growth, sales, and other crucial aspects. In the research study, significant market aspects such as market drivers and barriers are separated from essential development prospects and industry trends.
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Maximize Market Research provides B2B and B2C research on 12,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Bever
Nov 23, 2022
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