According to the research report titled ‘Electronic Skin Market Size By Product, By Component, By Sensor Type, By Application , By Distribution Channel, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2020 – 2026’ available with Market Study Report, global electronic skin market is anticipated to expand substantially during 2020-2026.
 

As per the research report, increasing awareness of health benefits associated with electronic suits, robust technological advancements, and rising product adoption in robotics, prosthetics, and skin wearable devices are key factors  driving the growth of global electronic skin market. It is to be noted that an electronic skin can mimic properties of the skin such as elasticity, mechanical toughness, self-healing, and tactile sensing, which in turn is bolstering the growth of the market size.  
 

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Based on product landscape, global electronic skin industry is split into electronic patches and electronic skin suit, among which the latter is expected to grow significantly through 2026, owing to numerous health monitoring properties for several health conditions.
 

With regards to component type, the stretchable conductors segment is predicted to attain considerable expansion over the forecast period. Increasing product adoption in stretchable electronic devices along with advantageous properties such as high conductivity are fostering the growth of the segment.
 

Moving on to sensor type, global electronic skin market share from the electrophysiological sensors segment is projected to witness healthy expansion during 2020-2026, on account of increasing adoption of the product in restoration therapy as well as for monitoring chronic ailments.
 

Elaborating on application reach, the drug delivery segment is anticipated to show unprecedented growth during the analysis timeframe, primarily due to rising cognizance regarding the various benefits such as enhanced therapy procedures, minimal side effects, and high period of action.
 

Speaking of distribution channel, the B2C segment of global electronic skin industry will register considerable expansion through 2026. Growing consumer awareness regarding the potential health benefits of electronic skin patches as well as skin suits are propelling the growth of the segment.
 

Regionally, Middle East & Africa electronic skin market is estimated to exhibit a robust CAGR of 14.6% over 2020-2026. Technological advancements in Saudi Arabia and UAE are expected to emerge as remunerative opportunities for the regional market.
 

Leading players that define the global electronic skin industry trends are Abbott Laboratories Inc., Feeligreen, Insulet Corporation, Gentag, DexCom Inc., Renew Health Limited, Bloomlife Inc., VivaLnK Inc., Byteflies, Quad Industries SA, Holst Center, iRhythm Technologies Inc., Chrono Therapeutics Inc., Xenoma Inc., Rotex Inc., Xsensio SA, and MC10 Inc.