Press release
Comprehensive Market Analysis on Electronic Skin Patches Market projected to reach USD 28.4 Billion by 2030 | CAGR of 12.8% | Forecast period 2023-2030, published by MarketDigits
Electronic Skin Patches Market Scope:Market size value in 2023 - USD 13.4 Billion
Market size value in 2030 - USD 28.4 Billion
CAGR (2023-2030) - 12.8%
Forecast Period - 2023-2030
Segments Covered - Technology, Application, Component & Region
Geographies Covered - North America, Europe, Asia Pacific, and Row
Sample of Companies Covered - Koninklijke Philips N.V, Sensium Healthcare Ltd, Leaf Healthcare, Qualcomm Technologies, Medtronic Plc, Hill-Rom Holdings.
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Browse in-depth TOC on "Electronic Skin Patches Market"
178-Tables
95-Figures
332-Pages
North America the market for Electronic Skin Patches.
North America dominates the electronic patch market and the market is expected to grow at a high rate in this region during the forecast period. This growth can be attributed to the rapid increase in the development of wearable devices to meet the growing need for good health in the region with strong R&D and the promotion of new treatments the North America is expected to lead the regional market as the leading manufacturing hub for highly reliable and sophisticated medical devices.
Asia-Pacific is witnessing the fastest growth in the electronic skin patches market with the highest CAGR. This increase is due to many factors such as this region has a rapidly aging population and is more susceptible to chronic diseases that can be controlled by electronic skin care products. This large pool creates a huge demand for home remedies for health and increased healthcare spending in these countries will lead to greater investment in innovative technologies such as electronic skin care products. The local governments have more adaptive policies by making it easier for new technologies to gain traction in established markets these combined factors have placed Asia Pacific at the forefront of the electronic skin patch market.
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Top Key Players Covered in the Report-
VivaLNK, Cardiac Insight, VitalConnect, LifeSignals, L'Oreal Group, Dexcom, GENTAG, Abbott Laboratories, Koninklijke Philips N.V, Sensium Healthcare Ltd, Leaf Healthcare, Qualcomm Technologies, Medtronic Plc, Hill-Rom Holdings and Others.
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Recent Developments-
February 2024, The Dexcom ONE+ is a continuous blood glucose monitoring (CGM) solution to improve diabetes management. It includes a waterproof sensor for measuring blood glucose a transmitter for CGM data transmission and a compatible smartphone app for real-time monitoring
https://industrytoday.co.uk/market-research-industry-today/emerging-trends-and-innovations-for-the-electronic-skin-patches-market-projected-to-reach-usd-284-billion-by-2032
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