
Global Electronic Skin Market To Hit USD 44.6 Billion By 2032, At A 21.4% CAGR – SNS Insider
Pune, March 10, 2025 (GLOBE NEWSWIRE) -- Electronic Skin market Size & Growth Analysis:
According to SNS Insider, The Electronic Skin Market was USD 7.8 Billion in 2023 and is expected to reach USD 44.6 Billion by the year 2032, growing at a CAGR of 21.4% during the forecast period 2024-2032. The global electronic skin market is growing at a fast pace due to the increasing adoption of wearable health monitoring devices and the use of flexible electronics in various industries. The demand for real-time health monitoring technologies, as well as the rate of technological advancement, is driving the development of e-skin technology applications in healthcare, robotics, and consumer electronics.
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Market Overview
Electronic skin, or e-skin, is a sensor-integrated, flexible substrate that mimics the properties of human skin. It is widely used in medical monitoring, prosthetics, and robotics, among others. The increasing rate of chronic diseases, paired with the growing demand for remote patient monitoring, is a key driver for the market. Wearable e-skin technology enables constant monitoring of health, providing real-time physiological data to healthcare professionals and enhancing patient outcomes.
In healthcare, electronic skin has revolutionized patient monitoring with products like MC10's BioStampRC, a wearable flexible adhesive patch that records vital signs like heart rate and body temperature. Electronic skin offers real-time, non-invasive monitoring, which is essential for the management of chronic diseases. The ability to collect and analyze data remotely has maximized the effectiveness of healthcare systems, driving widespread adoption.
Major Players Analysis Listed in Electronic Skin Market Report are:
- MC10, Inc. (BioStampRC®, Wearable Hydration Monitor)
- Xenoma Inc. (e-skin Sleep & Lounge, e-skin EMStyle)
- VivaLNK, Inc. (Vital Scout, Fever Scout)
- Gentag, Inc. (NFC Skin Patches, Wireless Skin Sensors)
- Bloomlife (Smart Pregnancy Tracker, Contraction Monitor)
- Dialog Semiconductor (SmartBondTM Bluetooth Low Energy SoCs, Wireless Charging ICs)
- Rotex Inc. (Rotex Skin, Rotex Patch)
- Intelesens Ltd. (Aingeal, zensorTM)
- Immageryworks Pty Ltd (iSkin, iSense)
- Plastic Electronic GmbH (FlexSense, FlexLight)
Electronic Skin Market Report Scope
Report Attributes | Details |
Market Size in 2023 | US$ 7.8 billion |
Market Size by 2032 | US$ 44.6 billion |
CAGR | CAGR of 21.4% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Key Regional Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East]), Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
Key Growth Drivers | Innovations in nanotechnology and flexible electronics enhance e-skin's sensitivity and durability, broadening its applications. |
Segment Analysis
By Product Type
Electronic patches emerged as the leading product type in the e-skin market, capturing a major share of the revenue. Their widespread usage in medical applications, including chronic disease management and real-time health monitoring, has established them as leading products. Electronic patches offer non-invasive, wearable solutions for ongoing data acquisition.
Electronic skin suits will have the most rapid growth among these. They provide whole-body monitoring and are used in medical rehabilitation, sport performance, and human-machine interaction. Their increased adoption in medicine and robotics is driving their rapid market growth.
By Component
Electroactive polymers have the highest market share among the e-skin components. They provide flexibility, toughness, and responsiveness, factors that are crucial for the development of stretchable sensors and circuits used in medical and wearable devices.
Stretchable circuits will grow the fastest. As they adapt to different body curvatures and motions, their applications enhance wearability and effectiveness of wearable e-skin devices, making it highly attractive for future health monitoring and robotics applications.
By Sensors
Electrophysiological sensors accounted for the highest revenue percentage of the sensor segment. Electrophysiological sensors measure electrical muscle, nerve, and cardiac activity and are crucial for uses from healthcare like ECG and EMG monitoring. Due to their high accuracy and reliability, these sensors have found a niche in the market.
Biosensors are expected to be the e-skin market's fastest-growing sensors. They detect biochemical body alterations, such as blood glucose and hydration, to offer advanced health diagnostics. Their growth is a result of the growing need for preventive and personalized medicine.
By Application
Health monitoring systems are the largest application category in the market for e-skin. With an increasing demand for remote monitoring of health on real-time, especially for curing chronic diseases such as diabetes and cardiovascular diseases, this segment commands leadership.
Wearable technology is the most rapidly growing application field for e-skin. Growing demand from consumers for smart wearables, fitness trackers, and remote patient monitoring solutions is driving adoption of e-skin in wearable devices for everyday life.
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Electronic Skin Market Segmentation
By Product Type
- Electronic Patches
- Electronic Skin Suits
By Sensors
- Tactile Sensors
- Electrophysiological Sensors
- Chemical Sensors
- Others
By Component
- Stretchable Circuits
- Stretchable Conductors
- Photovoltaics Systems
- Electroactive Polymers
By Application
- Drug Delivery Systems
- Health Monitoring Systems
- Cosmetics
Electronic Skin Market Regional Outlook
The regional leader in electronic skin in 2023 with a 38% market share was North America. It was fueled by innovatory research for wearable technology, robust healthcare facilities, and concentration of major players. Increased acceptance of remote monitoring solutions and funds invested in artificial intelligence-based health applications also stimulated the market.
The Asia Pacific region will also be the fastest-growing market during the forecast period. Chinese, Japanese, and South Korean market growth is being propelled by tremendous levels of technological innovations, increasing healthcare spending, and an increasing chronic disease burden. Increased adoption of smart wearable devices and government support to propel digital healthcare solutions are also propelling growth in the region.
Recent Developments in Electronic Skin Industry
January 2025 – Phantom Neuro introduced a new muscle implant enabling amputees to move prosthetic limbs with their thoughts, without undergoing invasive brain surgery.
May 2024 – L'Oréal unveiled a bio-printed electronic skin that mimics human skin behavior such as acne, tanning, and healing of wounds. The technology aims to advance cruelty-free beauty testing.
July 2024 – Zhenan Bao gave a talk on flexible, skin-like wearable electronics that promote healing, reduce anxiety, and enhance sensory perception. The wearables have a lot of potential for medical and neuroscience research.
September 2024 – University of California, San Diego, developed a sweat-monitoring electronic finger wrap, which tracks important health parameters via human sweat, offering non-invasive health diagnostics.Bottom of Form
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Table of Contents – Major Key Points
1. Introduction
2. Executive Summary
3. Research Methodology
4. Market Dynamics Impact Analysis
5. Statistical Insights and Trends Reporting
5.1 Medical Applications & Patient Usage (2023)
5.2 Production & Shipment Volumes (2020-2032)
5.3 Healthcare Expenditure on Electronic Skin (2023)
5.4 Integration with AI & IoT (2023)
5.5 Regulatory & Compliance Trends (By Region, 2023)
6. Competitive Landscape
7. Electronic Skin Market by Product Type
8. Electronic Skin Market by Sensors
9. Electronic Skin Market by Component
10. Electronic Skin Market by Application
11. Regional Analysis
12. Company Profiles
13. Use Cases and Best Practices
14. Conclusion
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