Electronic Skin Market 2025: Analysis, Size, Share, Application, Challenging terms and trends with leading key players like MC10, Xensio, Rotex Inc. Intelesens ltd, Immageryworks Pty Ltd, Dialog Devices Limited, SmartLifeinc Limited, Xenoma Inc., Plastic

Surge in demand for better & periodic health monitoring system for different sectors, increase in expenditure on advanced wearable devices, and rise in investment on robotics technology drive the growth in the market. However, intricate design and degradation of material along with high investment cost restrain growth in the industry. On the other hand, research and development activities that focus on increasing durability create new opportunities.

Electronic skin consists of stretchable network of sensors and flexible electronics, which are used in biometric prosthetics, intelligent robots, and others. It senses heat, pressure, temperature, and other influencing factors.

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Allied Market Research published a report, titled, Electronic Skin Market by Application (Personal Healthcare Monitoring, Wearable Technology, and Others) - Global Opportunities Analysis and Industry Forecast, 2020–2025. According to the report, the global electronic skin market generated $464.04 million in 2020, and is expected to garner at $1,719.38 million by 2025, registering a CAGR of 38.7% from 2021 to 2025.

The report segments the electronic skin market on the basis of application and geography. By application, the market is divided into personal healthcare monitoring, wearable technology, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

In 2020, wearable technology segment dominated the market, in terms of revenue, due to increased disposable income across various developing and developed nations.

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North America is anticipated to be the highest revenue contributor to the electronic skin market in 2020, accounting for around 37.90% share, owing to rise in investment on robotics technology.

Key Findings of the Electronic Skin Market:

• Wearable technology segment is anticipated to generate the highest
revenue in 2020, accounting for $186 million.
• North America is expected to dominate the market, in terms of market
share, during the forecast period.
• Extensive analysis of the market is conducted by following key product
positioning and monitoring the top competitors within the market
framework.
• Key players are profiled and their strategies are analyzed thoroughly to
understand the competitive outlook of the global electronic skin market.

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The report features a competitive scenario of the electronic skin market and provides a comprehensive analysis of key growth strategies adopted by the major players. The key players profiled in the study are MC10, Xensio, Rotex Inc. Intelesens ltd, Immageryworks Pty Ltd, Dialog Devices Limited, SmartLifeinc Limited, Xenoma Inc., Plastic electronic GmbH, and VivaLnK, Inc. They have implemented various strategies such as expansions, mergers & acquisitions, collaborations, partnerships, and others to gain the stronghold in the industry.

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