Product Code: GVR-4-68039-997-9
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.
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
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Product
- 1.1.2. Application
- 1.1.3. End-use
- 1.1.4. Regional scope
- 1.1.5. Estimates and forecast timeline
- 1.2. Research Methodology
- 1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
- 1.3.5.1. Data for primary interviews in North America
- 1.3.5.2. Data for primary interviews in Europe
- 1.3.5.3. Data for primary interviews in Asia Pacific
- 1.3.5.4. Data for primary interviews in Latin America
- 1.3.5.5. Data for Primary interviews in MEA
- 1.4. Information or Data Analysis
- 1.4.1. Data analysis models
- 1.5. Market Formulation & Validation
- 1.6. Model Details
- 1.6.1. Commodity flow analysis (Model 1)
- 1.6.2. Approach 1: Commodity flow approach
- 1.6.3. Volume price analysis (Model 2)
- 1.6.4. Approach 2: Volume price analysis
- 1.7. List of Secondary Sources
- 1.8. List of Primary Sources
- 1.9. Objectives
- 1.9.1. Objective 1
- 1.9.2. Objective 2
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.2.1. Product Outlook
- 2.2.2. Application Outlook
- 2.2.3. End-use Outlook
- 2.2.4. Regional Outlook
- 2.3. Competitive Insights
Chapter 3. Wearable Skin Adhesives Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent market outlook
- 3.1.2. Related/ancillary market outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Reimbursement framework
- 3.4. Market Dynamics
- 3.4.1. Market driver analysis
- 3.4.1.1. Increasing prevalence of chronic diseases
- 3.4.1.2. Technological Advancements
- 3.4.1.3. Growing Incidence of Obesity
- 3.4.2. Market restraint analysis
- 3.4.2.1. Increasing cost of healthcare facilities
- 3.4.2.2. Stringent regulations
- 3.5. Wearable Skin Adhesives Market Analysis Tools
- 3.5.1. Industry Analysis - Porter's Five Forces
- 3.5.1.1. Supplier power
- 3.5.1.2. Buyer power
- 3.5.1.3. Substitution threat
- 3.5.1.4. Threat of new entrant
- 3.5.1.5. Competitive rivalry
- 3.5.2. PESTEL Analysis
- 3.5.2.1. Political landscape
- 3.5.2.2. Technological landscape
- 3.5.2.3. Economic landscape
- 3.5.3. Major Deals & Strategic Alliances Analysis
- 3.5.4. Market Entry Strategies
Chapter 4. Wearable Skin Adhesives Device: Product Estimates & Trend Analysis
- 4.1. Definitions and Scope
- 4.1.1.Acrylic-based
- 4.1.2.Silicone-based
- 4.1.3. Others
- 4.2. Product Market Share, 2022& 2030
- 4.3. Segment Dashboard
- 4.4. Global Wearable Skin Adhesives Market by Product Outlook
- 4.5. Market Application& Forecasts and Trend Analyses, 2017 to 2030 for the following
- 4.5.1.Acrylic-based
- 4.5.1.1. Market estimates and forecast 2017 - 2030 (Revenue in USD Million)
- 4.5.2.Silicone-based
- 4.5.2.1. Market estimates and forecast, 2017 - 2030 (Revenue in USD Million)
- 4.5.3. Others
- 4.5.3.1. Market estimates and forecast, 2017 - 2030 (Revenue in USD Million)
Chapter 5. Wearable Skin Adhesives: Application Estimates & Trend Analysis
- 5.1. Definitions and Scope
- 5.1.1. Diagnostic Devices
- 5.1.2. Monitoring Devices
- 5.1.3. Drug Delivery Devices
- 5.2. Application Market Share, 2022 & 2030
- 5.3. Segment Dashboard
- 5.4. Global Wearable Skin Adhesives Market by Application Outlook
- 5.5. Market Application & Forecasts and Trend Analyses, 2017 to 2030 for the following
- 5.5.1. Diagnostic Devices
- 5.5.1.1. Market estimates and forecast, 2017 - 2030 (Revenue in USD Million)
- 5.5.2. Monitoring Devices
- 5.5.2.1. Market estimates and forecast, 2017 - 2030 (Revenue in USD Million)
- 5.5.3. Drug Delivery Devices
- 5.5.3.1. Market estimates and forecast, 2017 - 2030 (Revenue in USD Million)
Chapter 6. End-use Estimates & Trend Analysis
- 6.1. Definitions and Scope
- 6.1.1. Hospitals
- 6.1.2. Ambulatory Surgical Centers
- 6.1.3. Home Care Settings
- 6.1.4. Others
- 6.2.End-Usee Market Share, 2022 & 2030
- 6.3. Segment Dashboard
- 6.4. Global Wearable Skin Adhesives Market byEnd-Usee Outlook
- 6.5. Market Application& Forecasts and Trend Analyses, 2017 to 2030 for the following
- 6.5.1. Hospitals
- 6.5.1.1. Market estimates and forecast, 2017 - 2030 (Revenue in USD Million)
- 6.5.2. Ambulatory Surgical Centers
- 6.5.2.1. Market estimates and forecast, 2017 - 2030 (Revenue in USD Million)
- 6.5.3. Home Care Settings
- 6.5.3.1. Market estimates and forecast, 2017 - 2030 (Revenue in USD Million)
- 6.5.4. Others
- 6.5.4.1. Market estimates and forecast, 2017 - 2030 (Revenue in USD Million)
Chapter 7. Wearable Skin Adhesives Market: Regional Estimates & Trend Analysis
- 7.1. Regional market share analysis, 2022 & 2030
- 7.2. Regional Market Dashboard
- 7.3. Global Regional Market Snapshot
- 7.4. Regional Market Share and Leading Players, 2022
- 7.4.1. North America
- 7.4.2. Europe
- 7.4.3. Asia Pacific
- 7.4.4. Latin America
- 7.4.5. Middle East and Africa
- 7.5. SWOT Analysis, by Factor (Political & Legal, Economic and Technological)
- 7.5.1. North America
- 7.5.2. Europe
- 7.5.3. Asia Pacific
- 7.5.4. Latin America
- 7.5.5. Middle East and Africa
- 7.6. Market Application, & Forecasts and Trend Analysis, 2017 to 2030:
- 7.7. North America
- 7.7.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
- 7.7.2. U.S.
- 7.7.2.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
- 7.7.3. Canada
- 7.7.3.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
- 7.8. Europe
- 7.8.1. U.K.
- 7.8.1.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
- 7.8.2. Germany
- 7.8.2.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
- 7.8.3. France
- 7.8.3.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
- 7.8.4. Italy
- 7.8.4.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
- 7.8.5. Spain
- 7.8.5.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
- 7.9. Asia Pacific
- 7.9.1. Japan
- 7.9.1.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
- 7.9.2. China
- 7.9.2.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
- 7.9.3. India
- 7.9.3.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
- 7.10. Latin America
- 7.10.1. Brazil
- 7.10.1.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
- 7.10.2. Mexico
- 7.10.2.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
- 7.10.3. Argentina
- 7.10.3.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
- 7.11. MEA
- 7.11.1. South Africa
- 7.11.1.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
- 7.11.2. Saudi Arabia
- 7.11.2.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
- 7.11.3. UAE
- 7.11.3.1. Market estimates and forecast, 2017 - 2030 (Revenue, USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company/Competition Categorization
- 8.2.1. Innovators
- 8.2.2. Market Leaders
- 8.2.3. Emerging Players
- 8.3. Vendor Landscape
- 8.3.1. List of key distributors and channel partners
- 8.3.2. Key customers
- 8.3.3. Key company market share analysis, 2022
- 8.3.4. 3M
- 8.3.4.1. Company overview
- 8.3.4.2. Financial performance
- 8.3.4.3. Product benchmarking
- 8.3.4.4. Strategic initiatives
- 8.3.5. Scapa Group
- 8.3.5.1. Company overview
- 8.3.5.2. Financial performance
- 8.3.5.3. Product benchmarking
- 8.3.5.4. Strategic initiatives
- 8.3.6. Dow Corning
- 8.3.6.1. Company overview
- 8.3.6.2. Financial performance
- 8.3.6.3. Product benchmarking
- 8.3.6.4. Strategic initiatives
- 8.3.7. H.B. Fuller
- 8.3.7.1. Company overview
- 8.3.7.2. Financial performance
- 8.3.7.3. Product benchmarking
- 8.3.7.4. Strategic initiatives
- 8.3.8. Adhesives Research
- 8.3.8.1. Company overview
- 8.3.8.2. Financial performance
- 8.3.8.3. Product benchmarking
- 8.3.8.4. Strategic initiatives
- 8.3.9. Henkel AG & Co. KGA
- 8.3.9.1. Company overview
- 8.3.9.2. Financial performance
- 8.3.9.3. Product benchmarking
- 8.3.9.4. Strategic initiatives
- 8.3.10. Vancive Medical Technologies
- 8.3.10.1. Company overview
- 8.3.10.2. Financial performance
- 8.3.10.3. Product benchmarking
- 8.3.10.4. Strategic initiatives
- 8.3.11. Polymer Science, Inc.
- 8.3.11.1. Company overview
- 8.3.11.2. Financial performance
- 8.3.11.3. Product benchmarking
- 8.3.11.4. Strategic initiatives
- 8.3.12. Lohmann GMbH & Co. KG
- 8.3.12.1. Company overview
- 8.3.12.2. Financial performance
- 8.3.12.3. Product benchmarking
- 8.3.12.4. Strategic initiatives
- 8.3.13. Adhezion Biomedical
- 8.3.13.1. Company overview
- 8.3.13.2. Financial performance
- 8.3.13.3. Product benchmarking
- 8.3.13.4. Strategic initiatives