The wearable adhesive market was worth USD 294.21 million in 2021 and is predicted to be worth USD 617.43 million by 2027, growing at a CAGR of 13.90% between 2022 and 2027.
Wearable Adhesives are used to attach wearable medical devices to the skin. The designing of a suitable adhesive for wearable medical device applications is critical. It is important to ensure that the components such as skin adhesive, the substrate, and the device-hold adhesive work together. The absence of any of these components will not offer the benefits as expected and can bring users discomfort. Adhesive inventors have faced a number of physical and design hurdles in recent years while attempting to adhere wearable gadgets to the skin. These devices must be properly adhered to the body in order to function, necessitating the design and development of novel adhesives.
Wearable devices are utilised as portable monitoring devices and have applications in disease detection and monitoring. Because of the rise in chronic diseases, more people are choosing home healthcare over hospital services because it is more cost-effective and efficient, which is likely to fuel wearables demand.
Developing adhesives for wearable applications, however, is a difficult undertaking. Only by analysing the skin type and age of the customer can designers produce successful items. It can be difficult to adhere a wearable gadget to the skin. That's why having a robust adhesive to hold the gadget together or stick it to the wearer's skin is critical. The adhesive can be used to adhere a variety of medical devices to a patient's skin in order to collect data about their health or monitor their behavior.
Dec. 14, 2020: 3M's new silicone adhesive helps improve lives of patients using wearable medical devices needing longer wear--
Acrylate and silicone have dominated the medical adhesive market for years. But the adhesives currently available require device engineers to choose between strength and wear duration, or comfort and pliability. To fill the gap in the market, 3M announced today the next generation of silicone adhesives, 3M™ Hi-Tack Silicone Adhesive Tapes.
Top Key players in the Wearable Adhesives Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Wearable Adhesives Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes 3M, DowDuPont, Scapa, H.B. Fuller, Adhesives Research, Henkel, Vancive Medical Technologies, Lohmann, Elkem Silicones, Polymer Science, Adhezion Biomedical and others.
Global Wearable Adhesives Market research provides a detailed Analytical Insights of global market size, regional and country-level scope, segmentation wise growth, global share, Competition Scenario, sales analysis, impact global market players on domestic players, value chain optimization, trade regulations, Latest developments, future opportunities, product launches, expanding marketplaces, and New technological innovations.
Wearable Adhesives Market is segmented based on the type, applications, companies and regions.
By Type, Wearable Adhesives Market has been segmented into
By Application, Wearable Adhesives Market has been segmented into
The report offers in-depth assessment of the growth and other aspects of the Wearable Adhesives Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The increase in the obese population is driving up demand for these items in the North American region. Due to the expanding elderly population and diseases connected with this age group, there has also been an increase in demand for monitoring equipment. Take, for example, diabetes.
Furthermore, the need to reduce healthcare costs associated with chronic diseases is projected to fuel wearable demand in this region. Furthermore, public awareness of these products is fast growing as a result of the existence of a large number of players in this region, which is projected to fuel market expansion. With the growing healthcare expenditure coupled with the increasing patient base and the increasing use of smartphones are some of the factors boosting the growth of the wearable adhesive market in this region.
Wearable Adhesives Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Wearable Adhesives Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 13.90% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | 3M, DowDuPont, Scapa, H.B. Fuller, Adhesives Research, Henkel, Vancive Medical Technologies, Lohmann, Elkem Silicones, Polymer Science, Adhezion Biomedical |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 124 |
Customization Available | Yes, the report can be customized as per your needs |
What is the growth rate of Wearable Adhesives Market?
The Wearable Adhesives Market is growing at a CAGR of 13.90% over the next 5 years.
Who are the key players in Wearable Adhesives Market?
3M, DowDuPont, Scapa, H.B. Fuller, Adhesives Research, Henkel, Vancive Medical Technologies, Lohmann, Elkem Silicones, Polymer Science, Adhezion Biomedical
What are the significant types of Wearable Adhesives Market?
Acrylics Based, Silicone Based, Others
What are the major end-use applications of Wearable Adhesives Market?
Diagnostic Device, Monitoring Device, Drug Delivery Devices
On the basis of type, Which segment is likely to hold the major share in the Wearable Adhesives Market?
Acrylics Based segment to hold the largest share in Wearable Adhesives market
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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