The global electronic skin market is expected to reach a market size of USD 20.02 Billion in 2027 and register a robust CAGR over the forecast period, according to the latest report by Reports and Data. High demand for electronic skin in the healthcare sector and increasing growth in the robotics industry are key factors driving growth of the global electronic skin market. Advancements in technology and incorporation of Artificial Intelligence (AI) in the healthcare sector is supporting revenue growth of the market.
Electronic skin is used for a range of applications such as to monitor cardiovascular diseases, conditions during pregnancy, patients with diabetes, and in the detection of abnormalities in the brain. Growth of the electronic skin market is expected to be driven significantly by increasing range and variety of applications this technology offers in industrial residential robotics, healthcare, and prosthetics. Factors such as low awareness and low investment in research and development in developing economies are expected to restrain adoption of this technology to a certain extent. High cost and complex design of the technology will also limit demand for electronic skin technology.
Top Companies Profiled in the Report Include: Xensio, MC10, VivaLnk, Inc., Xenoma, iRhytm Technologies, Philips, Plastic Electronics GMBH, Dialog Semiconductor, Holst Center, and Koninklijke Philips N.V.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/3768
The pharma and healthcare industry has undergone a revolutionary change owing to the COVID-19 pandemic with individuals increasing their focus on health and wellness. Companies operating in the industry have invested heavily in clinical trials and research studies to develop medications to cater to the growing unmet clinical demand on a global level. Implementation of cutting-edge technology in healthcare sector and increasing investment in research and development have contributed significantly to revenue growth of the market in the recent past. In addition, availability of favorable health insurance and reimbursement policies have also positively impacted the healthcare sector with more and more individuals opting to get treatment at hospital and clinical facilities. Rapid development of novel drugs and pharmaceuticals, increasing incidence of lifestyle and chronic diseases, establishment of state-of-the-art healthcare facilities, and rising availability of over-the-counter medications have significantly contributed to the revenue growth of the market.
Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/3768
The report has gather vital information about recent mergers and acquisitions, joint ventures, collaborations, partnerships, brand promotions, RD activities, and government and corporate deals, among others through extensive primary and secondary research. The report also offers detailed analysis of each competitor along with their financial standing, global market position, product portfolio, manufacturing and production capacity, and business expansion plans.
To know more about the report @ https://www.reportsanddata.com/press-release/global-electronic-skin-market
Additionally, the report consists a detailed analysis of the segmentation of the Electronic Skin market based on product types and end-use/application offered in the Electronic Skin market.
Product Outlook (Revenue, USD Billion; 2017-2027)
- Electronic patches
- Electronic skinsuits
Component Outlook (Revenue, USD Billion; 2017-2027)
- Photovoltaics systems
- Stretchable circuits
- Stretchable conductors
- Electroactive polymers
Sensors Outlook (Revenue, USD Billion; 2017-2027)
- Chemical sectors
- Tactile sensors
- Electrophysiological Sensors
Application Outlook (Revenue, USD Billion; 2017-2027)
- Health monitoring systems
- Drug delivery systems
The report offers a comprehensive overview of the regional bifurcation of the market with respect to market share, market size, revenue growth, import/export, production and consumption patterns, macro and micro economic growth factors, regulatory framework, investment and funding opportunities, and presence of key players in each region including North America, Asia Pacific, Latin America, Europe, and Middle East Africa. The report offers a country-wise analysis to further discuss the revenue growth and lucrative growth opportunities for the Electronic Skin market in these key regions.
Country-wise regional analysis covers:
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- South Africa
- Rest of MEA
Read More Reports –
Thank you for reading our report. For customization inquiry or further information, please connect with us and we will ensure you get the report that meets your requirements.
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]