Connected Skin Patches Devices, Markets, Players, Strategies and Forecasts
The Connected Patch
The ability to monitor movement, position, processes, physical parameters, analytes, and orientation using low-cost electronics in a small package that self-attaches to the data source is opening up channels to information that were not previously attainable. Stakeholders - researchers, caregivers, individuals, consignees – are re-thinking fitness routines, therapeutic protocols, investigational project strategies, and business models to account for the coming availability of data that presents new opportunities for progress, improved outcomes, enlightenment, fulfillment, logistical optimization and enhanced understanding. It’s disruptive technology that will challenge the way doctors relate to patients, drugs are developed and bodies are molded.
The transformation from rigid electronics to flexible printed circuits is a journey that was forged in academic laboratories across the world. We are now experiencing the fruits of the efforts of numerous researchers who crafted and refined their methods and processes for many years – even decades. The small, innovative companies that are working to commercialize these technology successes are at the forefront of the wave of connected skin patches.’
Technology -driven Strategies
Ubiquitous data access, increasing leisure time, and longer life spans are expected to translate to a growing number of individuals who are seeking information on their lifestyle, health, and environment. To address the social and technology implications of these trends, an expanding number of private tech-centric companies are working a fever-pace to couple flexible patch designs with miniaturized electronic components that can be combined in a single monolithic package for ease-of-use and convenience. Product development decision makers have come to the realization that for many products, success depends on achieving a consumer-compatible form of packaging and application.