A method for manufacturing a touch panel includes the following steps. A plurality of first sensing electrodes and a plurality of second sensing electrodes are formed on the first substrate. A first insulator layer is formed to cover the first sensing electrodes and the second sensing electrodes. Holes are formed in the first insulator layer, in which a portion of the first sensing electrodes is exposed through the holes. A conductive layer is formed on the first insulator layer and in the holes. The conductive layer is patterned to form a bridge electrode and a shield electrode. The bridge electrode is electrically connected to the first sensing electrodes through the holes. A vertical projection of the shield electrode on the first substrate at least overlaps with a vertical projection of at least one of the first sensing electrodes and the second sensing electrodes on the first substrate.