Ever-changing reimbursement schemes are forcing firms involved in electronic skin patches to lobby and adapt or leave the sector altogether, a research report surveying the product category said.
The report, “Electronic Skin Patches 2019-2029” by IDTechEx Research, reviewed regulatory considerations for various electronic skin patches through interviews with companies.
Different categories electronic skin patch products, including medical devices, get money from different sources, with some receiving government reimbursement, the report said.
However, potential changes were disrupting the industry, it said.
“Some players have divested altogether, whereas others are doubling down and lobbying in order to manage the change,” IDTechEx said in a press release accompanying the report.
The IDTechEx Electronic Skin Patches 2019-2029 report covers 26 skin application areas and over 100 companies.
