According to a new market intelligence report by BIS Research titled ‘Global Electronic Skin Patches Market − Analysis and Forecast, 2019-2024’, The electronic skin patches market is expected to witness a significant growth of 17.22% during the forecast period of 2019-2024.
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Medtronic Plc is the leading contributor to the global electronic skin patches market. The company’s contribution was valued to be 25.76% of the global market revenue. Medtronic Plc is involved in various synergistic activities such as agreements, partnerships, and product launches, which strengthen its position in the market. In addition, DexCom, Incis the second leading contributor to the global electronic skin patches market. The company’s contribution was valued to be 15.87% of the global market revenue, owing to novel product launches. The other prominent companies contributing to the global electronic skin patches market are Abbott Laboratories, Insulet Corporation, Koninklijke Philips N.V., and iRhythm Technologies, Inc., among others. Abbott Laboratories, with its Free Style line of blood glucose monitoring systems, occupied a market share of 12.79% of the global electronic skin patches market.
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