Wearable Skin Adhesives Market Outlook Growth Emerging Factors On Geography, Technological Advancements And Mounting Demand Forecast To 2030

 Wearable Skin Adhesives Market Growth & Trends

The global wearable skin adhesives market size is projected to reach USD 676.72 million by 2030, expanding at a CAGR of 8.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Wireless technology is driving the market with more number of healthcare professionals and patients now being able to track their vital health indicators such as blood pressure and heart rate. Moreover, increasing awareness regarding the prevention of chronic diseases and rising usage of smartphones that also help in identifying health risk factors are contributing to the growth of the market.

Furthermore, a growing number of people focusing on their physical health is another factor expected to drive the market. Increasing government initiatives to raise awareness regarding the prevention of obesity that may lead to the development of chronic conditions at a national level are resulting in a rise in the sales of wearable skin adhesives.

The COVID-19 pandemic had a significant positive impact on the market. Owing to a large population of patients with chronic conditions being at a high risk of getting infected or severely ill with the virus, there was an increasing focus on personal health among patients and other individuals.

Moreover, due to the temporary closedown of most services and changes in healthcare priorities, many patients with diabetes and high blood pressure had to track their blood sugar and blood pressure level to avoid hospitalization and any severe effects. With economies now returning to normalcy, the market is expected to further flourish over the forecast period.

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Wearable Skin Adhesives Market Report Highlights

• The silicone-based segment held the largest market share in 2022 owing to its increasing adoption across all the settings
• The acrylic-based segment is expected to witness the fastest growth over the forecast period owing to the easy availability of these products
• Monitoring devices accounted for the largest share in 2022 due to the increasing adoption of these devices for monitoring purposes
• The hospitals segment held the largest share in 2022 owing to a large number of products being used in these facilities
• Home care settings are projected to witness the fastest growth over the forecast period due to the increasing adoption of these products to monitor health parameters at home
• North America accounted for the largest share in 2022 owing to a well-developed healthcare structure, a growing geriatric population, and increasing healthcare expenditure
• Asia Pacific is expected to observe the highest growth over the forecast period due to a rise in the prevalence of chronic diseases and increasing usage of smartphones in this region

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Wearable Skin Adhesives Market Segmentation

Grand View Research has segmented the global wearable skin adhesives market based on product, application, end-use, and region:

Wearable Skin Adhesives Product Outlook (Revenue, USD Million, 2017 - 2030)

• Acrylic-based
• Silicone-based
• Others

Wearable Skin Adhesives Application Outlook (Revenue, USD Million, 2017 - 2030)

• Diagnostic Devices
• Monitoring Devices
• Drug Delivery Devices

Wearable Skin Adhesives End-use Outlook (Revenue, USD Million, 2017 - 2030)

• Hospitals
• Ambulatory Surgical Centers
• Home Care Settings
• Others

Wearable Skin Adhesives Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
  • US.
  • Canada
• Europe
  • UK.
  • Germany
  • France
  • Italy
  • Spain
  • Netherlands
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Chile
• Middle East & Africa
  • United Arab Emirates (UAE)
  • Saudi Arabia
  • South Africa

List of Key Players in Wearable Skin Adhesives Market 

• 3M
• Scapa Group
• Dow Corning
• B. Fuller
• Adhesives Research
• Henkel AG & Co. KGA
• Vancive Medical Technologies
• Polymer Science, Inc.
• Lohmann GMbH & Co.KG
• Adhezion Biomedical

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.