The global market for electronic skin patches market was valued at USD 6.76 billion in 2024 and is projected to grow at a compound annual growth rate of 26.55% to reach USD 25.59 billion during the 2025–2035 forecast period.

Electronic skin patches are a cutting-edge technology that has the potential to transform healthcare delivery and improve patient outcomes. As long as research and development efforts continue to advance the devices' capabilities and functionalities, the market is expected to grow and become more significant in the future of connected and personalized healthcare.

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GROWTH DRIVERS

The demand for the product is being driven by the fact that the electronic skin patches allow for real-time monitoring of vital signs and biometric data, which facilitates early detection of health issues, timely interventions, and improves patient outcomes. This makes the patches appropriate for the rising prevalence of chronic diseases in the aging population, as well as the shift towards preventive healthcare, which emphasizes the importance of continuous monitoring and early detection of health risks.

Electronic skin patches are becoming more and more popular because to the expanding polarity of wearable technology, which is being driven by advances in material science such as flexible electronics and wearable design. These patches provide a convenient and noninvasive approach to monitor health parameters and improve overall wellbeing. Through remote monitoring, which lowers hospital admissions, ER visits, and needless medical procedures, the electronic patches help patients' healthcare budgets.

MARKET SEGMENTATION:

·         By Component Type – stretchable circuits, stretchable conductors, electroactive polymers, photovoltaics and others

·         By Application – diabetes management, Cardiovascular, patient monitoring and others

·         By Region - North America, Europe, Asia Pacific, the Middle East and Africa, and South America.

Global Key Players:

·         MC10

·         Sensium

·         Leaf Healthcare

·         Quad Industries

·         Abbott

·         Bio Telemetry

·         Dexcom

·         Insulet

·         iRhythm Technologies

·         Medtronic 

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