Global electronic skin market to reach $44.6b by 2032

One driver is the growing need for remote patient monitoring.

The electronic skin market is expected to be valued at $44.6b by 2032 at a compound annual growth rate of 21.4%, said SNS Insider.

The sector’s expansion is attributed to the rising rate of chronic diseases and the increasing need for remote patient monitoring.

Meanwhile, the demand for real-time monitoring technologies and the rate of tech advancements are driving the development of e-skin applications.

“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,” the report said.