Global Skin Sensors Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Type Coverage, By Application Coverage, By Geographic Coverage and By Company)
Published Date: Aug 2023 |
Format:
| No. of Pages: 290
Industry: Information & Communications Technology | Author Name: Harshad
The global skin sensors market size is expected to rise at a significant pace of approximately 18% CAGR between 2023 and 2030, reaching an approximate valuation of US$25 Bn at the end of forecast year.
Widespread application in a variety of industries, including gaming, cosmetics, and healthcare is one of the primary growth drivers of skin sensors adoption. Advent of technology, and rising consumer acceptability of e-skin in areas like cardiovascular, diabetic, and obstetric treatments will also elevate the prospects of market in the years to come.
The report says wearable disposables will continue to be the leading segment of the market. On the other hand, by application, the medical monitoring category will maintain dominance throughout the forecast period.
Asia Pacific is the largest regional market for skin sensors and the report says increasing demand for e-skin products in cosmetics and medicine delivery systems to remain the key driving factor behind the expansion of Asian markets.
Medtronic plc, GE Healthcare, Abbott Laboratories, Truer Medical, Inc., and Courage + Khazaka Electronic GmbH are some of the prominent players in the worldwide skin sensors market space.