North America Electronic Skin Market

North America Electronic Skin Market Size (2022 to 2027)

The North American market size for electronic skin is predicted to value USD 5.19 billion by 2027 from USD 2.25 billion in 2022, growing at a CAGR of 18.19% from 2022 to 2027.

The increasing number of patients who have diabetes in North America is one of the key drivers propelling the electronic skin market in this region. In 2020, nearly 34 million Americans had diabetes, according to the Centers for Disease Control and Prevention. Diabetes is the primary cause of several diseases due to lifestyle changes. Monitoring glucose levels in the blood, increasing the life expectancy in diabetes patients, and decreasing electronic skin patches do the side effects associated with an increase or decrease in diabetes. For this reason, researchers have developed an electronic skin patch that senses excess glucose in sweat and automatically administers drugs by heating microneedles that penetrate the skin. Nowadays, many people use skin patches on their arms or abdomens that automatically check their blood sugar levels and send the results to their smartphones. Nearly 890,000 are using this skin patch device in the U.S. for continuous glucose monitoring.

Increased usage of electronic skin in effectively managing CVDs is another factor promoting the growth of the electronic skin market. Electronic skin can display a person’s heartbeat and is used to indicate early signs of heart strokes. Every year, nearly 877,500 heart strokes occur in American people. As a result, to prevent this and increase the life span, American people are using these electronic patches, accelerating the market's growth. Electronic skin patches are also used to spot early signs of COVID-19 infection in health workers during the pandemic. In addition, electronic skin patches are used for wound monitoring and to measure skin pH Levels.

Electronic skin can also be used for skin cancer patients with early breast cancer detection. Electronic skin can detect tiny lumps that are not recognized by the finger. Skin cancer is the most common cancer in the United States using U.V. patches to track U.V. exposure using smartphones. Every day, nearly 9,500 people in the U.S. are diagnosed with skin cancer. Technological advancements in developing advanced electronic skin patches are further anticipated to boost the market growth. Wearable disposable sensors can be used to monitor the changes in blood sugar and transmit readings wirelessly; these are placed on a patient’s abdomen or arm. Electronic skin also uses for prosthetic systems. Athletes also used this e-skin to train online.

On the other hand, the high cost of electronic skin is one of the major restraints for market growth in North America. In addition, lack of awareness, limited electronic skin patches, maintenance of electronic skin is costly, and connecting skin to the brain in some people is problematic. All these factors are further anticipated to inhibit the market's growth rate during the forecast period.

This research report on the North American electronic skin market has been segmented and sub-segmented into the following categories.

By Product:

• Electronic Skin Suit
• Electronic Patches

By Application:

• Health Monitoring Systems
• Drug Delivery Systems
• Cosmetics

By Sensor:

• Tactile sensors
• Chemical sectors
• Electrophysiological Sensors

By Country:       

• The United States
• Canada
• Rest of North America

North America was the most dominating region for electronic skin worldwide in 2021, primarily due to the rising chronic diseases. Six out of ten people in America suffer from at least one chronic disease, like heart disease and stroke, cancer, or diabetes, and chronic diseases may lead to death or disability. This results in people concentrating on health and adopting electronic skin. Researchers have developed a sensor that can be embedded into electronic skin at Stanford University in California. Electronic skin systems can be merged with any sensor skin.

The U.S. led the North American electronic skin market in 2021. In the U.S., most people focus on disease prevention through some fitness apps. By placing electronic skin on a person’s arm, it can track every slight movement of the body using the sensor. This data is sent to the mobile wirelessly. In addition, American researchers have developed an extensible electronic skin that could enhance how robots interact with their environment and humans. For these advantages, Carnegie Mellon University in the U.S. aimed to create an inexpensive, quick, and simple electronic skin.

KEY MARKET PLAYERS:

Companies playing a significant role in the North American electronic skin market profiled in this report are Medidata Solutions, Intellisense Technology, Plastic Logic GmbH, Rotex Global, LLC, ‘Smartifeine Limited, Viva NK, Inc., Xenoma Inc., Xsensio, Chrono Therapeutics Inc. and iRhythm Technologies, Inc.