The Global E Skin Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the E Skin market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
The global e-skin market size reached USD 6.3 Billion in 2021 and is expected to register a revenue CAGR of 21.1% during the forecast period, according to latest analysis by Emergen Research. Rising demand for e-skin as an alternative skin coupled with 3D printing and artificial intelligence has garnered interest in the field of health monitoring, drug delivery, and therapeutic uses, and increasing investments in Research & Development (R&D) by market players are factors expected to support market revenue growth between 2021 and 2030. Electronic skins or e-skin is an artificial skin with multifunctional sensing capabilities that can be applied in various fields such as wearable devices, intelligent robotics, and others. In addition, materials play an important role in achieving desired mechanical and electrical properties for an e-skin. To achieve high stretchability elastomeric materials such as Polydimethylsiloxane (PDMS), Ecoflex, and Polyurethane (PU), are usually used. Increasing prevalence of skin cancer is expected to boost the market during the forecast period. Excessive exposure to UV light contributes to skin cancer. The flexible, transparent e-skin uses light-sensitive dyes that change color upon exposure to ultraviolet rays.
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The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the E Skin market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
Key Players Profiled in the Report are:
Medidata Solutions, Intellisense Technology, Plastic Logic GmbH, Rotex Global, LLC, Smartlifeinc Limited, VivaLNK, Inc., Xenoma Inc., Xsensio, Chrono Therapeutics Inc., and iRhythm Technologies, Inc
The report, additionally, offers a comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a better understanding of the competitive landscape of the industry. It also covers strategies adopted by prominent players such as mergers and acquisitions, collaborations, joint ventures, product launches, and brand promotions, among others. The report aims to offer the readers a holistic understanding of the relevant features of the industry.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the E Skin market expected to boost the growth of the industry in the coming years.
E Skin Market Segmentation:
Product Outlook (Revenue, USD Billion; 2019–2030)
- Electronic skinsuit
- Electronic patches
Component Outlook (Revenue, USD Billion; 2019–2030)
- Stretchable circuits
- Photovoltaics system
- Stretchable conductors
- Electro-active polymers
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Key Questions Answered in the Report:
What is the growth rate of the E Skin market? What is the anticipated market valuation of E Skin industry by 2027?
What are the key growth driving and restraining factors of the E Skin market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the E Skin industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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