This report characterizes the markets, technologies and players in electronic skin patches. With coverage across 28 application areas and 127 companies, historic market data from 2010-2020 and market forecasts from 2021 to 2031, it is the most comprehensive study compiled for this product area. It reveals significant opportunity, with the sector passing $10bn in annual revenue from electronic skin patches in 2021, and a forecast for this to grow to over $30bn by 2031.
Skin patches are wearable products attached to the skin. The electronic element involves the integration of electronic functionality such as sensors, actuators, processors and communication, allowing products to become connected and "smart". In many ways, skin patches act as the ultimate wearable electronic devices, augmenting the wearer with minimal encumbrance and maximum comfort. As such, interest in electronic skin patches soared as a by-product of the significant hype and market growth around "wearables" starting in 2014.
However, several product types within the sector transcend this hype. Several skin patch product areas, particularly in diabetes management, cardiovascular monitoring, and other vital sign monitoring, have superseded incumbent options in established markets to create billions of dollars of new revenue each year for the companies at the forefront of this wave. However, success is not ubiquitous; each market discussed within this report sits within a unique ecosystem, with different players, drivers, limitations and history to build on.
As such, the report looks at each of the application areas for electronic skin patches in turn, discussing the relevant technology, product types, competitive landscape, industry players, pricing, historic revenue, and market forecasts. The areas covered include diabetes management, cardiovascular monitoring devices (MCT, Holter monitors, Event monitors, and related products), medical patient monitoring (both inpatient and outpatient), motion sensing, temperature sensing, drug and cosmetic delivery patches, electrical stimulation devices, emerging options towards smart wound care and more. The report contains historic revenue data for each of the product sectors studied back to 2010, including data by company for the larger sectors. The report also contains detailed market forecasting over 10 years for each of the key application areas.
28 application areas discussed within the report
Source IDTechEx
The product category of "electronic skin patches" conceals a significant amount of diversity. Whilst many people may imagine skin patches to be thin, highly conformable devices that sit close to the skin, the reality is that many of the most successful products today are still relatively bulky devices. As such, each chapter within the report also contains a discussion of technology areas relevant to the future development of smart patches, particularly around areas such as flexible, stretchable and conformal electronic components. Development of these technologies will not only enable more products to be deployed as skin patches but will also improve the form factor of electronic skin patches that already exist. This is also covered extensively in IDTechEx's other work in topics such as flexible electronic, stretchable electronics, thin and flexible batteries, smart textiles and other related topics.
The research behind the report has been compiled over several years by IDTechEx analysts. It follows existing coverage of areas such as wearable technology, flexible electronics, stretchable and conformal electronics, electronic textiles, advanced wound care, bioelectronics, sensors and other medical devices. The methodology involved a mixture of primary and secondary research, with a key focus on speaking to executives and scientists from companies developing commercial electronic skin patches. As such, the report compiles case studies of 127 companies and projects, each updated over time and compared within their appropriate product ecosystems.
Source IDTechEx
Unique position and experience behind the report
IDTechEx is afforded a particularly unique position in covering this topic. The experienced analyst team builds on decades of experience covering emerging technology markets, and particularly areas, such as flexible electronics, which are central to electronic skin patches. This has been historically supported by IDTechEx's parallel activities in organising the leading industry conferences and exhibitions covering flexible and wearable electronics, as well as smaller events covering specific innovation trends such as for healthcare sensors or related areas. IDTechEx has the unique ability to curate a network in these topic areas, facilitating the reporting in this report.
ElectronicUS$ 5,995