SELBYVILLE, DE – The electronic skin market is expected to grow from $6 billion in 2019 to $16 billion by 2026, according to Global Market Insights.
Electronic skin and patches can be used for patients with prosthetics to provide a sense of touch. In addition, the products are increasingly gaining prominence in diagnostic and therapeutic applications, and electronic skin patches are used in microcurrent facemasks.
The cosmetics application segment is expected to have a CAGR of 14.9% from 2020 through 2026. Electroactive polymers in electronic skin will grow at a CAGR of 14.6% from 2020 to 2026. Stretchable polymers can handle up to 20% working strain for actuators. Electronic patches in electronic skin are expected to grow at a CAGR of 14.8% during the period.
Research institutes held about 40% revenue share during 2019. Tactile sensors had nearly 19% share of the electronic skin market in 2019.