Flexible electronics and smart bandages are key to cost savings in the future of advanced wound care. Advanced wounds, referring to those that are non-healing for more than 4 weeks, are on the rise around the world. This is because there are an increasing number of people with poor wound healing ability, including the rising number of elderly people over 65 years of age, and the rising number of people with Type 2 diabetes.

The next wave of devices for diabetes management is wearable insulin pumps and continuous glucose monitors. These devices are already in use today and uptake is increasing. The devices remove a significant number of pain points from current technologies.

Commercial efforts around electronic textiles have been prominent for at least 25 years, starting with early patents and then early products throughout the 1990s. IDTechEx's latest research report in the area "E-Textiles 2019-2029: Technologies, Markets and Players", looks at how e-textile products have changed over time, both in terms of the hardware and the more general business model.

The new version of the IDTechEx report "E-textiles 2019-2029: Technologies, Markets and Players" includes brand new data about e-textiles revenue. The main forecast in the report focuses on specific product revenue across different sectors (including biometric monitoring, heating, lighting and other e-textiles), but for the first time, this report includes additional historic data and short term estimates for the total revenues of companies working in the space.

IDTechEx will be hosting a free webinar on Thursday 4 July 2019 titled Transforming Healthcare through Remote Patient Monitoring.