Wearable Adhesives Market Growth By Regional Analysis (America, Europe, Asia Pacific, and Middle East & Africa) Growth Opportunity and Industry Forecast 2023-2030 (Recession Impact Analysis)
ID : MRU_
114351 | Date :
Feb, 2023 | Pages :
180 | Region : Global |
Publisher : Ri research
The report offers detailed coverage of Wearable Adhesives industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Wearable Adhesives by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
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.
In consumer electronics, next-generation wearable devices are pushing the envelope when it comes to size, weight, appearance, and capabilities. In the medical device field, however, wearables are at their infancy stage. The same technological advancements that are making consumer electronics lighter and thinner are enabling wearables in medical devices by making them small enough to be comfortable. Great growth is expected in this field over the next few years. One report forecasted a CAGR of 17.7 % in the global wearable medical device market from 2015 to 2020. This is despite current challenges such as a lack of reimbursement and high prices for some of these devices. As the technology matures, these devices will be less costly.
Wearable Adhesives are skin-friendly adhesives for Diagnostic Device, Monitoring Device and Drug Delivery Devices. Currently, Acrylics Based and Silicone Based Wearable Adhesives are popular with best performance. In 2017, Acrylics Based adhesives production value is 108.89 M USD, with a production value of 48.14%. While, Silicone Based Wearable Adhesives grow faster in the next few year.
There are many Wearable Adhesives suppliers all over the world, such as 3M, Dow Corning,
Scapa Group, H.B. Fuller, Adhesives Research, Henkel, Vancive Medical Technologies, Lohmann,
Elkem Silicones, Polymer Science, Inc. and Adhezion Biomedicaletc. Most of those suppliers are based in North America and Europe. During all those major suppliers, 3M and Dow Corning are global leading two major suppliers, with a total production value share of 40.96% in 2017.
Global major consumption regions are distributed in developed regions, such as North America and Europe. In 2017, North America Sales Revenue is about 119.56 M USD, accounting for the largest consumption share of 39.75%. While Europe Sales Revenue is about 88.93 M USD in 2017.
The report forecast global Wearable Adhesives market to grow to reach xxx Million USD in 2023 with a CAGR of xx% during the period 2023-2030.
First, this report covers the present status and the future prospects of the global Wearable Adhesives market for 2018-2030.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
3M
Dow Corning
Scapa Group
H.B. Fuller
Adhesives Research
Henkel
Vancive Medical Technologies
Lohmann
Elkem Silicones
Polymer Science, Inc.
Adhezion Biomedical
At the same time, we classify Wearable Adhesives according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows: Market by Order Type
Acrylics Based
Silicone Based
Others Market by Application
Diagnostic Device
Monitoring Device
Drug Delivery Devices
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Wearable Adhesives market for the forecast period 2023 - 2030?
• What are the driving forces in the Wearable Adhesives market for the forecast period 2023 - 2030?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Wearable Adhesives industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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