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.
Free Valuable Insights: The Worldwide Electronic Skin Patch Market is Projected to reach USD30 Billion by 2031, at a CAGR of 11.7%
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.
By End User
By Type
By Wireless Connectivity
By Application
By Country
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