Wearable Skin Adhesives Market Introduction and Overview
According to SPER Market Research, the Global Wearable Skin Adhesives Market is estimated to reach USD 0.82 billion by 2032 with a CAGR of 8.41%.
The report includes an in-depth analysis of the Global Wearable Skin Adhesives Market, including market size and trends, Machine Type mix, distribution channels, and supplier analysis. Specialised adhesive materials called wearable skin adhesives are made to stick to the skin in order to secure wearable technology or medicinal applications. These adhesives are designed to stick to the skin without causing discomfort while still offering enough adhesion to hold the wearable device or medical component in place.
- October 2021: Scapa Healthcare and Synedgen, Inc. entered into a strategic alliance to collaborate on skin wounds and surgical care applications.
- April 2021: In order to improve medical equipment made for persons with delicate skin, 3M introduced a new silicone adhesive.
Market Opportunities and Challenges
- Opportunities: Thanks to wireless technology, which is driving the wearable skin adhesives sector, more healthcare professionals and patients can now monitor their vital signs including blood pressure and heart rate. The market's growth is also being driven by expanding smartphone usage, which also helps in identifying health risk factors, and greater awareness of the prevention of chronic diseases. Additionally, the main element fuelling demand for wearable skin adhesives is the rising incidence of chronic disorders like diabetes, cardiovascular diseases, and cancer. Sales of wearable skin adhesive are rising as a result of technological advancements, an increase in obesity, and the release of new products.
- Challenges: Since various users may have varied reactions to adhesive materials, the wearable skin adhesives industry faces difficulties linked to skin allergies and sensitivities. The importance of biocompatibility and hypo-allergenicity cannot be overstated. Additionally, the adhesives must continue to effectively attach during long use times without causing discomfort or skin injury. To overcome these obstacles and enhance adhesion performance, ongoing innovation is required. Complicated operations require adherence to regulations, particularly in the healthcare industry. Research and development are constantly needed to suit the different requirements of medical, fitness, and cosmetic applications while minimising dangers and guaranteeing user safety. Balancing adhesion strength with skin-friendliness is still a difficult task.
Market Competitive Landscape
The market is quite competitive because of the presence of significant firms including 3M, Adhesives Research, Chemence, Dow Corning, Elkem Silicons, Ethion, H.B. Fuller, Henkel AG & Co. KGA, Kenzenm, Lohmann GMbH & Co.KG, Mueller Sports Medicine, Numaura Medical, Polymer Science, Inc., Proteus Digital Health, Scapa Group, Vancive Medical Technologies, Others. Leading manufacturers of wearable skin adhesives are focusing on strengthening their market positions through a variety of tactical strategies. The focus of the major market players is on carrying out activities including product launches, partnerships, and acquisitions. This helps the companies not only add more products but also boost their position in the market and broaden their geographic reach. In order to meet the growing demand for adhesives, market manufacturers are also focusing on expanding their production capabilities.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Product, By Application, By End User |
| Regions covered | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Companies Covered | 3M, Adhesives Research, Chemence, Dow Corning, Elkem Silicons, Ethion, H.B. Fuller, Henkel AG & Co. KGA, Kenzenm, Lohmann GMbH & Co.KG, Mueller Sports Medicine, Numaura Medical, Polymer Science, Inc., Proteus Digital Health, Scapa Group, Vancive Medical Technologies, Others |
COVID-19 Impact on Global Wearable Skin Adhesives Market
The market for wearable skin adhesive had a significant increase during the COVID-19 outbreak, whilst most firms experienced a sharp fall in sales. Numerous factors, including the rise in patients with chronic illnesses who are at a higher risk of developing the condition severely, contributed to the large number of people monitoring their health vitals. Because of the epidemic, people are more likely to focus on maintaining good physical health and fitness in order to prevent the detrimental impacts of future illnesses. This has led a number of countries to make significant investments in the healthcare sector as well as in the study and creation of wearable skin adhesives.
Key Target Audience
- Hospitals
- Ambulatory Surgical Centres
- Home Care Settings
- Others
Our in-depth analysis of the Wearable Skin Adhesives Market includes the following segments:
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By Product:
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Acrylic-based
Silicone-based
Others
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By Application:
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Diagnostic Devices
Drug Delivery Devices
Monitoring Devices
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By End User:
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Hospitals
Ambulatory Surgical Centers
Home Care Settings
Others
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Key Topics Covered in the Report
- Size of Global Wearable Skin Adhesives Market (FY’2019-FY’2032)
- Overview of Global Wearable Skin Adhesives Market
- Segmentation of Global Wearable Skin Adhesives Market By Product (Acrylic-based, Silicone-based, Others)
- Segmentation of Global Wearable Skin Adhesives Market By Application (Diagnostic Devices, Drug Delivery Devices, Monitoring Devices)
- Segmentation of Global Wearable Skin Adhesives Market By End User (Hospitals, Ambulatory Surgical Centres, Home Care Settings, Others)
- Statistical Snap of Global Wearable Skin Adhesives Market
- Global Wearable Skin Adhesives Market Growth Analysis
- Problems and Challenges in Global Wearable Skin Adhesives Market
- Global Wearable Skin Adhesives Market Competitive Landscape
- Impact of COVID-19 and Demonetization on Global Wearable Skin Adhesives Market
- Details on Recent Investment in Global Wearable Skin Adhesives Market
- Competitive Analysis of Global Wearable Skin Adhesives Market
- Major Players in the Global Wearable Skin Adhesives Market
- SWOT Analysis of Global Wearable Skin Adhesives Market
- Global Wearable Skin Adhesives Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1.2. Market segment analysis
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.2. COVID-19 Impacts of the Global Wearable Skin Adhesives Market
5. Market variables and outlook
5.2.1 Political landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
6.1 Global Wearable Skin Adhesives Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Wearable Skin Adhesives Market
7. Global Wearable Skin Adhesives Market, By Product, 2019-2032 (USD Million)
- 7.1 Acrylic-based
- 7.2 Silicone-based
- 7.3 Others
8. Global Wearable Skin Adhesives Market, By Application, 2019-2032 (USD Million)
- 8.1 Diagnostic Devices
- 8.2 Drug Delivery Devices
- 8.3 Monitoring Devices
9. Global Wearable Skin Adhesives Market, By End User, 2019-2032 (USD Million)
9.2 Ambulatory Surgical Centers
10. Global Wearable Skin Adhesives Market, By Region, 2019-2032 (USD Million)
10.1 Global Wearable Skin Adhesives Size and Market Share by Region (2019-2025)
10.2 Global Wearable Skin Adhesives Size and Market Share by Region (2026-2032)
10.3.6 Rest of Asia-Pacific
10.5 Middle East & Africa
10.5.1 Kingdom of Saudi Arabia
10.5.2 United Arab Emirates
10.5.3 Rest of Middle East & Africa
10.7.3 Rest of Latin America
11. Company Profiles
11.1 3M
11.1.4 Recent developments
11.2.4 Recent developments
11.3.4 Recent developments
11.4.4 Recent developments
11.5.4 Recent developments
11.6.4 Recent developments
11.7.4 Recent developments
11.8.4 Recent developments
11.9.4 Recent developments
11.10 Lohmann GMbH& Co.KG
11.10.2 Financial outlook
11.10.4 Recent developments
11.11 Mueller Sports Medicine
11.11.2 Financial outlook
11.11.4 Recent developments
11.12.2 Financial outlook
11.12.4 Recent developments
11.13 Polymer Science, Inc.
11.13.2 Financial outlook
11.13.4 Recent developments
11.14 Proteus Digital Health
11.14.2 Financial outlook
11.14.4 Recent developments
11.15.2 Financial outlook
11.15.4 Recent developments
11.16 Vancive Medical Technologies
11.16.2 Financial outlook
11.16.4 Recent developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
