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.
The E Skin Market report assesses the profound changes in this business setting caused by the outbreak and considers the prominent market aspects that have been severely disrupted by the pandemic. The report thus expounds on the rapidly changing market scenario in this COVID-19 era, which aims to help businesses involved in this sector overcome the pandemic’s gripping effects and formulate new growth strategies to boost the COVID-19 preparedness.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the E Skin market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed 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
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Emergen Research has segmented the global E Skin market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
-
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
-
Sensor Type Outlook (Revenue, USD Billion; 2019–2030)
- Tactile sensors
- Chemical sensors
- Electrophysiological sensors
- Others
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the E Skin Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global E Skin Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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