Flexible hybrid electronics integrate printed and flexible electronics along with organic and inorganic components and allows for the fabrication of fully functional circuits and devices on thin, lightweight and durable substrates. Flexible hybrid electronics find applications in various industries such as healthcare, consumer electronics, automotive etc. The ability of flexible hybrid electronics to be fabricated on thin, flexible and wearable substrates enables the development of patch-like skin sensors, smart labels, electronic skins, rollable displays, conformal biosensors etc. The rising miniaturization of electronics and growing demand for lightweight, thin and flexible smart devices is propelling the flexible hybrid electronics market growth.
The Global flexible hybrid electronics market is estimated to be valued at US$ 160.85 Bn in 2024 and is expected to exhibit a CAGR of 24. % over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the flexible hybrid electronics are Seres Therapeutics, Biomesense, Microbiotica, Infant Bacterial Therapeutics AB, Vedanta Biosciences, Inc., Second genome therapeutics, 4D Pharma Ferring Inc, Enterome, BiomX, MaaT Pharma, Azitra, Illumina, Inc, Locus Biosciences, Inc, Finch Therapeutics Group, Inc, Rebiotix Inc, Servatus Ltd, Microbiome Research Pvt. Ltd, AOBiome, Axial Therapeutics, Inc, Biomica.
The major opportunities in the Flexible Hybrid Electronics Market Demand include development of innovative wearable healthcare devices, adoption in avionics and aerospace industry and integration in consumer electronics such as rollable displays and foldable smartphones.
Advancements in printed electronics, development of stretchable and biocompatible materials, miniaturization of components and improvement in electronic circuit fabrication techniques using additive manufacturing is expected to drive the growth of flexible hybrid electronics.
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