GLOBAL ELECTRONIC SKIN MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Global Electronic Skin Market, By Product Type (Electronic skinsuits, Electronic patches), By Component (Stretchable Circuits, Stretchable Conductors, Electro-Active Polymers, Photovoltaics), By Material (Nanowires, Graphene, Hydrogels, Elastomers, Others), By Application (Drug and Cosmetic Delivery, Wound Care Healing, Temperature Sensing, Motion and position sensing, Heart Rhythm Monitoring, Diabetes Management, Virtual Reality Therapy, Others), By End User (Hospitals, Clinics, Home Care Settings, Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Feb 2024
Code : CMI6627
Pages :170
Formats :
Excel and PDF
Industry : Medical Devices

Global Electronic Skin Market Size and Trends

The global electronic skin market was valued at US$ 7.14 Bn in 2023 and is expected to reach US$ 20.94 Bn by 2031, growing at a compound annual growth rate (CAGR) of 14.4% from 2024 to 2031.

Global Electronic Skin Market- Trends

Adoption of miniaturized electrochemical sensors: The adoption of miniaturized electrochemical sensors is having a significant impact on the electronic skin market. Electrochemical sensors are becoming highly miniaturized due to advances in micro and nanofabrication techniques. These miniaturized sensors can detect several parameters such as temperature, pressure, chemicals and biological signals. These are very suitable for integration into electronic skins as their miniature size allows for the creation of highly sensitive and distributed sensor networks within the e-skins.
Development of self-powered electronic skin: The emergence of self-powered electronic skin is having a profound impact on advancing the capabilities and use cases of electronic skin. Traditional electronic skin relies on external power sources which limits its applications, particularly for medical uses where an integrated power source is ideal. Self-powered electronic skin addresses this limitation by harnessing energy from the environment through technologies like triboelectric nanogenerators that can convert biomechanical energy during movement into electricity. This development allows for entirely soft, flexible, and lightweight skin patches that are completely autonomous without needs for batteries or wired connections. By removing the constraints of external power, self-powered electronic skin is enabling a new generation of patient monitoring technologies.