Electronic Skin Market size to record a substantially CAGR over 2021-2028

Electronic Skin Market size to record a substantially CAGR over 2021-2028

Electronic skin is an artificial smart skin that consists of varied sensors stacked along the same surface. Electronic skin is mostly used in robotics to provide a sense of touch. Such applications have aided the electronic skin industry to expand its product portfolio in the healthcare sector, as it helps track health and fitness related to various ailments. Electronic skin products are being utilized in industries such as robotics and healthcare due to its properties such as its self-powered, stretching ability, and self-healing.

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A few of the major applications of electronic skin is health monitoring, drug delivery, as well as therapeutic uses. The global electronic skin market is valued at USD 7.0 Billion in 2020 and is anticipated to grow with a CAGR of 15.0% during the forecast period from 2020 to 2028. Growing demand for superior & periodic health monitoring systems, coupled with rising investment in robotics technology, will further supplement the market growth.

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