Electronic Skin Patches segment to dominate the United States Electronic Skin Market
Increasing geriatric
population and surge in demand for minimally invasive treatment is expected to
drive the United States electronic skin market for the forecast period.
According to TechSci Research report, “United
States Electronic Skin Market By Product (Electronic
Skin Patches v/s Electronic Skin Suit) By Component (Stretchable Circuits,
Photovoltaics System, Stretchable Conductors, Electro-Active Polymers) By
Sensor Type (Tactile Sensors, Chemical Sensors, Electrophysiological Sensors)
By Application (Health Monitoring Systems, Drug Delivery Systems, Cosmetics) By
Distribution Channel (Hospitals & Clinics, Cosmetic Companies, Others), By
Region, Company Forecast & Opportunities, 2026”, The United States electronic
skin market is expected to witness double digit CAGR in the next five years. Electronic
skin which is also known as e-skin which is a thin and translucent material,
and it can mimic function and mechanical properties of skin. User-friendly
nature of electronic skin allows maximum acceptance among the patients to
perform heart, brain activity and muscle tests by themselves in the comfort of
their homes.
The COVID-19 outbreak across the world which has been
declared as pandemic by World Health Organization has affected several countries
adversely. Leading authorities in United States imposed lockdown restrictions
and released a set of precautionary measures to contain the spread of novel
coronavirus. Coronavirus affected patients started suffering from shortness of
breath along with coughing and sneezing. United States authorities increased
the capacity of hospitals as a greater number of patients were getting affected
daily and getting admitted into the hospital facilities. Manufacturing units
were temporarily shut down and disruption in supply chain was observed which
affected the electronic skin market growth adversely. Non-essential treatment
and procedures were postponed as complete focus was put for the treatment for
coronavirus affected patients.
However, high cost of electronic skin and maintenance
of e-skin is a difficult activity which may create hindrance in the electronic
skins market growth.
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United
States electronic skin market is segmented into product, component, sensor
type, application, distribution channel, regional distribution, and company. Based
on product, market can be divided into electronic skin patches and electronic
skin suit. The electronic skin patches product segment is expected to hold
major market share for the forecast period, 2022-2026. Electronic skin patches consist
of energy storage capability, communication technology, actuators, and sensors
with processing technology. This technology is extremely helpful as it aids in
health monitoring and control while also providing the freedom from hassle of
visiting hospital facilities. Electronic skin patches find use in diverse
applications in temperature sensing, motion sensing, diabetes self-monitoring,
remote patient monitoring including both in-patient and out-patient. Based on component,
market can be divided into stretchable circuits, photovoltaics system,
stretchable conductors, and electro-active polymers. The stretchable circuits
component segment is expected to dominate the market for the next five years.
These circuits are able to measure bio signals on the human skin without
affecting the daily activities of an individual. Stretchable circuits are
majorly used for health monitoring, control and provide feedback. Based on sensor
type, market can be divided into tactile sensors, chemical sensors, and electrophysiological
sensors. The electrophysiological sensor type segment is expected to dominate
the market in the next five years. Surge in use of electrophysiological sensors
in different applications such as physical health monitoring, chronic disease
treatment and restoration therapies.
Philips
Healthcare USA, Insulet Corporation, Dexcom, Inc., Abbott Laboratories, Inc.,
3M Company, VivaLnk, Inc., MC10, Inc., Xenoma, Inc., GENTAG, Inc., iRhythm
Technologies, Inc. are the leading players operating in United States electronic
skin market. Manufacturers are increasingly focusing on research and
development process to fuel higher growth in the market. To meet evolving
customer demand with respect to better efficiency and durability, several electronic
skin manufacturers are coming up with their technologically advanced offerings.
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“For
technological upgradation of the existing infrastructure of electronic skin,
market players are investing huge amounts to increase the sales of the product.
Adoption of emerging technologies such as artificial intelligence and 3D
printing by key players is expected to create new avenues for the growth of the
market. Also, electronic skin is widely accepted for treatment of cardiology,
pregnancy detection, among others and use of electronic skin in prominent field
of robotics, artificial prosthetics is expected to increase the demand of
electronic skin thereby propel the market growth till 2026” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“United States Electronic
Skin Market By Product (Electronic Skin Patches v/s Electronic Skin Suit) By
Component (Stretchable Circuits, Photovoltaics System, Stretchable Conductors,
Electro-Active Polymers) By Sensor Type (Tactile Sensors, Chemical Sensors,
Electrophysiological Sensors) By Application (Health Monitoring Systems, Drug
Delivery Systems, Cosmetics) By Distribution Channel (Hospitals & Clinics,
Cosmetic Companies, Others), By Region, Company Forecast & Opportunities,
2026” has evaluated the future growth potential of United
States electronic skin market and provided statistics & information on
market size, shares, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment decisions. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges, and opportunities in the
of United States electronic skin market.
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