SMART TECHNOLOGY
This reimbursement and regulatory environment provide an even bigger barrier to entry for new and innovative electronic skin patches. If the product is to be offered as a medical device, it must go through regulatory approval processes, either showing equal performance to existing equivalents or going through a de novo process to prove its efficacy and safety. These hurdles often result in new electronic skin patch devices being pushed towards the consumer health market, where regulatory roadblocks aren’t as stringent but offer less long-term returns than in direct healthcare. This is already proving to be the case with the promising area of temperature sensing for fever and fertility monitoring, as well as other patient monitoring devices.
Skin patch sensors have been used to detect the chemical composition of sweat for some time, and different application options from assessment of athlete hydration, through to proposals for detection of potential higher value sensing (for example, detection of hormones such as cortisol.
Motion sensing in skin patches has been used in areas such as in enabling detailed motion capture input for VR or animation, or through similar motion capture to assess recovery from an injury, efficacy of a certain drug in clinical trial or technique in sport.
Healthcare Sensors Cambridge event
This is exactly why IDTechEx has been tracking the emergence of electronic skin patches and the reimbursement and regulatory landscape back to 2010, across 26 application areas and over 100 market players, in its report Electronic Skin Patches 2019-2029. The report forecasts the market through 2019-2029 and aims to help innovative healthcare organisations make more informed business decisions before deciding how to roll-out one of the hottest technologies in patient monitoring. In addition to detailed reports on this topic,
IDTechEx recently held an event: Healthcare Sensor Innovations 2019, in Cambridge, which focused on the latest developments in the use of wearables and sensors in continuous monitoring of individuals and point-of-care diagnostics.
About the author
James Haywood is a principal analyst at IDTechEx. Joining in 2014, he initially developed IDTechEx’s wearable technology platform. He now oversees a team of analysts across varied topic areas, as well as oversight over the wearable technology research efforts. This area now includes reports looking at the technology and markets around wearable devices, wearable sensors, electronic skin patches, e-textiles, augmented, mixed and virtual reality and more. He has also worked on reports and led projects in many parallel areas, on topics including haptics, sensors, displays, stretchable electronics, advanced materials, user interfaces and other related topics. James is a regular speaker at both IDTechEx’s own events and other external events around the world.
CSJ
NOVEMBER 2019
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