LAMEA Electronic Skin Patch Market Size, Share & Trends Analysis Report By End User, By Type, By Wireless Connectivity, By Application, By Country and Growth Forecast, 2024 - 2031
The Latin America, Middle East and Africa Electronic Skin Patch Market would witness market growth of 14.1% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Electronic Skin Patch Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $652.7 million by 2031. Argentina market is showcasing a CAGR of 15.4% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 13.8% during (2024 - 2031).
With the rise of telemedicine and remote healthcare services, electronic skin patches have become indispensable tools for remote patient monitoring (RPM). Patients wear these patches at home or in community settings while healthcare providers monitor their health status remotely and intervene as needed.
Moreover, these patches provide insights into hydration status, muscle activity, fatigue levels, and biomechanical performance, helping athletes optimize their training regimens, prevent injuries, and enhance performance outcomes.
Brazil's demographic trend towards an older population offers the electronic skin patch market a sizable window of opportunity. With the elderly population expected to grow substantially over the next decade, there will be an increasing demand for healthcare solutions catering to their needs. According to data released in 2022 by the Pan American Health Organization, Brazil had over 30 million individuals aged 60 or older, representing 13 per cent of the nation’s total population.
Based on End User, the market is segmented into Healthcare, Fitness & Sports and Others. Based on Type, the market is segmented into Monitoring & Diagnostic and Therapeutic. Based on Wireless Connectivity, the market is segmented into Connected and Non-connected. Based on Application, the market is segmented into Diabetes Management, Cardiovascular Monitoring, General Patient Monitoring, Electrical Simulation, Temperature Sensing, Iontophoresis, Wound Monitoring & Treatment, Sweat Sensing, Motion Sensing and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Abbott Laboratories
- DexCom, Inc.
- Medtronic PLC
- Insulet Corporation
- Boston Scientific Corporation
- Koninklijke Philips N.V.
- The Surgical Company
- VivaLNK, Inc.
- Blue Spark Technologies, Inc.
- Senseonics Holdings, Inc.
By End User
- Healthcare
- Fitness & Sports
- Others
- Monitoring & Diagnostic
- Therapeutic
- Connected
- Non-connected
- Diabetes Management
- Cardiovascular Monitoring
- General Patient Monitoring
- Electrical Simulation
- Temperature Sensing
- Iontophoresis
- Wound Monitoring & Treatment
- Sweat Sensing
- Motion Sensing
- Others
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Electronic Skin Patch Market, by End User
- 1.4.2 LAMEA Electronic Skin Patch Market, by Type
- 1.4.3 LAMEA Electronic Skin Patch Market, by Wireless Connectivity
- 1.4.4 LAMEA Electronic Skin Patch Market, by Application
- 1.4.5 LAMEA Electronic Skin Patch Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
- Chapter 4. LAMEA Electronic Skin Patch Market by End User
- 4.1 LAMEA Healthcare Market by Country
- 4.2 LAMEA Fitness & Sports Market by Country
- 4.3 LAMEA Others Market by Country
- Chapter 5. LAMEA Electronic Skin Patch Market by Type
- 5.1 LAMEA Monitoring & Diagnostic Market by Country
- 5.2 LAMEA Therapeutic Market by Country
- Chapter 6. LAMEA Electronic Skin Patch Market by Wireless Connectivity
- 6.1 LAMEA Connected Market by Country
- 6.2 LAMEA Non-connected Market by Country
- Chapter 7. LAMEA Electronic Skin Patch Market by Application
- 7.1 LAMEA Diabetes Management Market by Country
- 7.2 LAMEA Cardiovascular Monitoring Market by Country
- 7.3 LAMEA General Patient Monitoring Market by Country
- 7.4 LAMEA Electrical Simulation Market by Country
- 7.5 LAMEA Temperature Sensing Market by Country
- 7.6 LAMEA Iontophoresis Market by Country
- 7.7 LAMEA Wound Monitoring & Treatment Market by Country
- 7.8 LAMEA Sweat Sensing Market by Country
- 7.9 LAMEA Motion Sensing Market by Country
- 7.1 LAMEA Others Market by Country
- Chapter 8. LAMEA Electronic Skin Patch Market by Country
- 8.1 Brazil Electronic Skin Patch Market
- 8.1.1 Brazil Electronic Skin Patch Market by End User
- 8.1.2 Brazil Electronic Skin Patch Market by Type
- 8.1.3 Brazil Electronic Skin Patch Market by Wireless Connectivity
- 8.1.4 Brazil Electronic Skin Patch Market by Application
- 8.2 Argentina Electronic Skin Patch Market
- 8.2.1 Argentina Electronic Skin Patch Market by End User
- 8.2.2 Argentina Electronic Skin Patch Market by Type
- 8.2.3 Argentina Electronic Skin Patch Market by Wireless Connectivity
- 8.2.4 Argentina Electronic Skin Patch Market by Application
- 8.3 UAE Electronic Skin Patch Market
- 8.3.1 UAE Electronic Skin Patch Market by End User
- 8.3.2 UAE Electronic Skin Patch Market by Type
- 8.3.3 UAE Electronic Skin Patch Market by Wireless Connectivity
- 8.3.4 UAE Electronic Skin Patch Market by Application
- 8.4 Saudi Arabia Electronic Skin Patch Market
- 8.4.1 Saudi Arabia Electronic Skin Patch Market by End User
- 8.4.2 Saudi Arabia Electronic Skin Patch Market by Type
- 8.4.3 Saudi Arabia Electronic Skin Patch Market by Wireless Connectivity
- 8.4.4 Saudi Arabia Electronic Skin Patch Market by Application
- 8.5 South Africa Electronic Skin Patch Market
- 8.5.1 South Africa Electronic Skin Patch Market by End User
- 8.5.2 South Africa Electronic Skin Patch Market by Type
- 8.5.3 South Africa Electronic Skin Patch Market by Wireless Connectivity
- 8.5.4 South Africa Electronic Skin Patch Market by Application
- 8.6 Nigeria Electronic Skin Patch Market
- 8.6.1 Nigeria Electronic Skin Patch Market by End User
- 8.6.2 Nigeria Electronic Skin Patch Market by Type
- 8.6.3 Nigeria Electronic Skin Patch Market by Wireless Connectivity
- 8.6.4 Nigeria Electronic Skin Patch Market by Application
- 8.7 Rest of LAMEA Electronic Skin Patch Market
- 8.7.1 Rest of LAMEA Electronic Skin Patch Market by End User
- 8.7.2 Rest of LAMEA Electronic Skin Patch Market by Type
- 8.7.3 Rest of LAMEA Electronic Skin Patch Market by Wireless Connectivity
- 8.7.4 Rest of LAMEA Electronic Skin Patch Market by Application
- Chapter 9. Company Profiles
- 9.1 Abbott Laboratories
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 SWOT Analysis
- 9.2 DexCom, Inc.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Product Launches and Product Expansions:
- 9.2.6 SWOT Analysis
- 9.3 Medtronic PLC
- 9.3.1 Company overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expenses
- 9.3.5 Recent strategies and developments:
- 9.3.5.1 Partnerships, Collaborations, and Agreements:
- 9.3.1 SWOT Analysis
- 9.4 Insulet Corporation
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 SWOT Analysis
- 9.5 Boston Scientific Corporation
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 SWOT Analysis
- 9.6 Koninklijke Philips N.V.
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expense
- 9.6.5 Recent strategies and developments:
- 9.6.5.1 Product Launches and Product Expansions:
- 9.6.6 SWOT Analysis
- 9.7 The Surgical Company
- 9.7.1 Company Overview
- 9.7.2 SWOT Analysis
- 9.8 VivaLNK, Inc.
- 9.8.1 Company Overview
- 9.8.2 Recent strategies and developments:
- 9.8.2.1 Product Launches and Product Expansions:
- 9.8.3 SWOT Analysis
- 9.9 Blue Spark Technologies, Inc.
- 9.9.1 Company Overview
- 9.9.2 SWOT Analysis
- 9.10. Senseonics Holdings, Inc.
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 SWOT Analysis
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook