Digital Tattoos Market Size

Digital Tattoos Market size was over USD 4.27 billion in 2023 and is anticipated to reach USD 11.34 billion by 2036, growing at around 7.8% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of digital tattoos is estimated at USD 4.54 billion. The growth of the market can be attributed to the growing developments in material science and circuit printing technologies across the globe. Along with these, increasing application scope of digital tattoos in the medical sector for monitoring temperature, skin hydration and for analyzing brain signals is also expected to propel the growth of the market in the forthcoming years. Furthermore, digital tattoos can be implanted or printed on the body part and are able to exchange information with only a handshake. This fact is projected to offer ample growth opportunities to the market in the near future. Escalating developments in the healthcare sector globally is predicted to expand the market significantly. In 2018, the global healthcare spending per capita was more than USD 1,100, which is calculated to increase up to USD 1,500 by the end of the year 2050.