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Global Digital Tattoos Market to reach USD 150.9 million by the end of 2029

Global Digital Tattoos Market Size study & Forecast, by Product (Digital Tattoo, Nano Tattoo, Graphene Tattoo, Living Tattoo, Other), by Application (Experiment and Research, Teaching, Commercial, Medical, Electronic, Other) and Regional Analysis, 2022-2029

Product Code: ICTNGT-27118251
Publish Date: 10-04-2023
Page: 200

Global Digital Tattoos Market is valued at approximately USD 104.3 million in 2021 and is anticipated to grow with a healthy growth rate of more than 4.97% over the forecast period 2022-2029. A digital tattoo is a type of temporary tattoo that is outfitted with electronics including sensors or an NFC chip and used for the wearer’s skin. The growing advancements in materials science and circuit printing technology have transformed circuit boards into circuit films. The increase in the popularity of tattoos among the young generation, and surging demand for smart wearable devices are the key factors that are bolstering the market demand across the globe.

In addition, the rising deployment of digital tattoos in the healthcare industry is further stipulating the market growth in the global market. Rising technological developments like NFC which is made of semiconductor chips are playing a vital role in improving the healthcare sector. According to Statista, in 2023 the Digital Health market is projected to reach USD 170.20 billion in revenue and is expected to show an annual growth rate of 10.78% between 2023 to 2027, resulting in a projected market volume of USD 256.30 billion by 2027. Thereby, the growth of digital health is exhibiting a positive influence on the development of the market. Moreover, the growing research and development programs, as well as start-ups investing in research and development (R&D) for digital tattoos are presenting various lucrative opportunities over the forecasting years. However, data breach risk is associated with digital tattoos that stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Digital Tattoos Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue valued at USD 35.6 million, owing to the rising adoption of healthcare monitoring across the healthcare sector, along with surging demand for smart wearable devices. Whereas, the Asia Pacific is also expected to grow with the highest CAGR of 6.69% during the forecast period, owing to factors such as rising digitalization in the medical sector rising demand for wearable devices, and increasing research and development activities in the market space.

Major market players included in this report are:
Google LLC
Tin-Tin Tatouages
Motorola Mobility LLC.
VivaLNK, Inc.
Microsoft Corporation
LG Corporation

Recent Developments in the Market:
 In 2020, Google Inc announced “Skin Marks” a smart tattoo project. It transforms the body into a living touchpad through embedded sensors when applied to the body. The aim of this product launch is to enhance the company’s product portfolio and propels the development of the next generation of wearable technologies.

Global Digital Tattoos Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Product, Application, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:
Digital Tattoo
Nano Tattoo
Graphene Tattoo
Living Tattoo

By Application:
Experiment and Research

By Region:
North America
Asia Pacific
South Korea
Latin America
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
1.2.1. Digital Tattoos Market, by Region, 2019-2029 (USD Million)
1.2.2. Digital Tattoos Market, by Product, 2019-2029 (USD Million)
1.2.3. Digital Tattoos Market, by Application, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Digital Tattoos Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Digital Tattoos Market Dynamics
3.1. Digital Tattoos Market Impact Analysis (2019-2029)
3.1.1. Market Drivers Rising deployment of digital tattoos in healthcare industry Increase in the popularity of tattoos among the young generation Surge in demand for smart wearable devices
3.1.2. Market Challenges Data breach associated with digital tattoos
3.1.3. Market Opportunities Growing research and development programs Start-ups investing in research and development (R&D) for digital tattoo
Chapter 4. Global Digital Tattoos Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Digital Tattoos Market, by Product
6.1. Market Snapshot
6.2. Global Digital Tattoos Market by Product, Performance – Potential Analysis
6.3. Global Digital Tattoos Market Estimates & Forecasts by Product 2019-2029 (USD Million)
6.4. Digital Tattoos Market, Sub Segment Analysis
6.4.1. Digital Tattoo
6.4.2. Nano Tattoo
6.4.3. Graphene Tattoo
6.4.4. Living Tattoo
6.4.5. Other
Chapter 7. Global Digital Tattoos Market, by Application
7.1. Market Snapshot
7.2. Global Digital Tattoos Market by Application, Performance – Potential Analysis
7.3. Global Digital Tattoos Market Estimates & Forecasts by Application 2019-2029 (USD Million)
7.4. Digital Tattoos Market, Sub Segment Analysis
7.4.1. Experiment and Research
7.4.2. Teaching
7.4.3. Commercial
7.4.4. Medical
7.4.5. Electronic
7.4.6. Other
Chapter 8. Global Digital Tattoos Market, Regional Analysis
8.1. Digital Tattoos Market, Regional Market Snapshot
8.2. North America Digital Tattoos Market
8.2.1. U.S. Digital Tattoos Market Product breakdown estimates & forecasts, 2019-2029 Application breakdown estimates & forecasts, 2019-2029
8.2.2. Canada Digital Tattoos Market
8.3. Europe Digital Tattoos Market Snapshot
8.3.1. U.K. Digital Tattoos Market
8.3.2. Germany Digital Tattoos Market
8.3.3. France Digital Tattoos Market
8.3.4. Spain Digital Tattoos Market
8.3.5. Italy Digital Tattoos Market
8.3.6. Rest of Europe Digital Tattoos Market
8.4. Asia-Pacific Digital Tattoos Market Snapshot
8.4.1. China Digital Tattoos Market
8.4.2. India Digital Tattoos Market
8.4.3. Japan Digital Tattoos Market
8.4.4. Australia Digital Tattoos Market
8.4.5. South Korea Digital Tattoos Market
8.4.6. Rest of Asia Pacific Digital Tattoos Market
8.5. Latin America Digital Tattoos Market Snapshot
8.5.1. Brazil Digital Tattoos Market
8.5.2. Mexico Digital Tattoos Market
8.5.3. Rest of Latin America Digital Tattoos Market
8.6. Rest of The World Digital Tattoos Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Google LLC Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.2.2. Tin-Tin Tatouages
9.2.3. NewDealDesign
9.2.4. Motorola Mobility LLC.
9.2.5. VivaLNK, Inc.
9.2.6. Microsoft Corporation
9.2.7. LG Corporation
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

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To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
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Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
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The current state of raw materials and trends in supply versus pricing
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The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
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