Wearable Skin Adhesives Market
Wearable Skin Adhesives Market Size, Share & Trends Analysis Report by Product Type (Acrylic, Silicon, Other (Polyurethane and Epoxy)). by Application (Diagnostic Devices, Monitoring Devices, and Drug Delivery Devices). by End-User (Hospitals, Homecare Settings, and Ambulatory Surgical Centers). Forecast Period (2024-2031).
Wearable skin adhesives market is anticipated to grow at a considerable CAGR of 8.5% during the forecast period (2024-2031).Wearable skin adhesives are specially formulated to stick wearables to the skin for intended applications. They can withstand exposure to moisture, sweat, UV light, and dynamic movement. These adhesives are also designed to be breathable, easy to apply, and durable.
Market Dynamics
Growing Prevalence of Chronic Disorders
Wearable skin adhesives are used to stick wearables for the treatment of chronic disorders. Therefore, the increasing prevalence of chronic disorders such as diabetes, cardiovascular diseases, and cancer is the major factor driving the demand for wearable skin adhesives. According to the WHO, in India, are estimated 77 million people above the age of 18 years are suffering from diabetes (type 2) and nearly 25 million are prediabetics.
Growing Demand for Sports & Fitness Wearables
The increasing use of fitness tracking apps and rising demand for wireless monitoring devices to monitor health problems are major factors creating demand for wearables in sports and fitness applications.Moreover, an increase in product launches along with an increasing sense of health consciousness is driving the demand for these products. Further, the integration of wearables and mobile apps for data extraction has increased the demand for sports and fitness wearables among fitness enthusiasts. The global shipments of wearable devices grew 2.6% year over year to 148.4 million units in Q3 2023, which was an all-time high. This represents an increase from the 492 million wearable units sold in 2022, including smartwatches, fitness monitors, smart wearables, and head-mounted displays. However, shipments declined 0.9% in Q4 2023.
Market Segmentation
Our in-depth analysis of the global wearable skin adhesives market includes the following segments by product type, application, and end-user industry:
- Based on product type, the market is sub-segmented into acrylic, silicon, and other (polyurethane and epoxy).
- Based on application, the market is sub-segmented into diagnostic devices, monitoring devices, and drug delivery devices
- Based on end-users, the market is sub-segmented intohospitals, homecare settings, and ambulatory surgical centers.
Silicon-based Skin Adhesives Held a Major Share of the Global Market
Based on the product type, the global wearable skin adhesives market is sub-segmented into acrylic, silicon, and others (polyurethane and epoxy). Among these, silicon-based skin adhesives held a major share in the global market. The high adoption of silicone skin adhesives owing to their quality and versatility is a key contributor to the growth of this market segment. This adhesive offers long-lasting adhesion, atraumatic removal, repositionability, and comfortable wear. Silicone adhesives are also well-suited for delicate jobs like applying adhesive directly onto the wound and are excellent for patients with thinner skin such as cancer patients, children, and the elderly.
Regional Outlook
The global wearable skin adhesives market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia-Pacific), and the Rest of the World (the Middle East & Africa, and Latin America).
Growing Wearable Adoption to Promote Asia-Pacific Wearable Skin Adhesives Market
The increasing technological breakthroughs and innovations, rising per-capita wealth in developing countries, and the simplicity of use have driven the adoption of wearables across the region. For instance, in August 2023, Bonatra, a health-tech startup launched wearable smart rings. The newly launched smart rings are designed to continuously monitor a range of health parameters, empowering users to live longer and healthier lives. Such advanced wearable launches are further contributing to the global market growth.
Global Wearable Skin Adhesives Market Growth by Region 2024-2031
North America Holds Major Market Share
Among all the regions, North America holds a significant share owing to the high adoption of wearables among patients. In the US, among wearable monitors, blood pressure devices are the most popular, used by 59.0% of survey respondents, followed by sleep monitors (21.0%) and ECG monitors (11.0%). Biosensors such as glucose monitors, hormone monitors, fall detectors, and respiratory monitors were used by 8.0% of consumers in the survey, followed by the use of smart clothing items at 6.0%.The growing prevalence of chronic disorders and the launch of advanced wearable skin adhesives are further driving the growth of the regional market.
Market Players Outlook
*Note: Major Players Sorted in No Particular Order.
The major companies serving the global wearable skin adhesives market include Kenzen Inc., Koninklijke Philips N.V., Lief Therapeutics, 3MCo., and Medtronic Plc.among others. The market players are increasingly focusing on business expansion and product development by applying strategies such as collaborations, mergers, and acquisitions to stay competitive in the market. For instance, in October 2023, DuPont introduced its new DuPont Liveo MG 7-9960 Soft Skin Adhesive. The higher-adhesion, low-cyclic silicone soft skin adhesive (SSA) is designed for advanced wound care dressings and adhering medical devices to the skin for long wear time and gentle removal. In addition, low-cyclicLiveo MG 7-9960 SSA is non-sensitizing, non-irritating, and non-cytotoxic, making it ideally suited to protect the highly sensitive and fragile skin of populations including children, the elderly, and patients with skin conditions or open wounds.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global wearable skin adhesives market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Koninklijke Philips N.V.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Lief Therapeutics
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. MC10 Inc.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Wearable Skin Adhesives Market by Product Type
4.1.1. Acrylic
4.1.2. Silicon
4.1.3. Others (Polyurethane and Epoxy)
4.2. Global Wearable Skin Adhesives Market by Application
4.2.1. Diagnostic Devices
4.2.2. Monitoring Devices
4.2.3. Drug Delivery Devices
4.3. Global Wearable Skin Adhesives Market by End-User
4.3.1. Hospitals
4.3.2. Homecare Settings
4.3.3. Ambulatory Surgical Centers
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East & Africa
6. Company Profiles
6.1. 3M Co.
6.2. Abbott Laboratories
6.3. Adhesives Research, Inc.
6.4. Adhezion Biomedical, LLC
6.5. Avery Dennison Corp.
6.6. Dow Corning
6.7. H.B. Fuller Company
6.8. Henkel AG & Co. KGA
6.9. LohmannGMbH& Co.KG
6.10. Medtronic plc
6.11. Medtronic plc
6.12. Nitto Denko Corp.
6.13. Polymer Science, Inc.
6.14. Proteus Digital Health.
6.15. Scapa Group
6.16. Vancive Medical Technologies, Inc.
6.17. Vital Connect, Inc.
6.18. Wacker Chemie AG
1. GLOBAL WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2023-2031 ($ MILLION)
2. GLOBAL ACRYLICBASED WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
3. GLOBAL SILICON BASED WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
4. GLOBAL OTHER PRODUCT BASED WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
5. GLOBAL WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
6. GLOBAL WEARABLE SKIN ADHESIVESFOR DIAGNOSTIC DEVICESMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
7. GLOBAL WEARABLE SKIN ADHESIVESFOR MONITORING DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
8. GLOBAL WEARABLE SKIN ADHESIVESFOR DRUG DELIVERY DEVICESMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
9. GLOBAL WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
10. GLOBAL WEARABLE SKIN ADHESIVESIN HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
11. GLOBAL WEARABLE SKIN ADHESIVESIN HOMECARE SETTINGSMARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
12. GLOBAL WEARABLE SKIN ADHESIVESIN AMBULATORY SURGICAL CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
13. GLOBAL WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)
14. NORTH AMERICAN WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
15. NORTH AMERICAN WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2023-2031 ($ MILLION)
16. NORTH AMERICAN WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY APPLICATION,2023-2031 ($ MILLION)
17. NORTH AMERICAN WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
18. EUROPEAN WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
19. EUROPEAN WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2023-2031 ($ MILLION)
20. EUROPEAN WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
21. EUROPEAN WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
22. ASIA- PACIFIC WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
23. ASIA- PACIFIC WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2023-2031 ($ MILLION)
24. ASIA- PACIFIC WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
25. ASIA- PACIFIC WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
26. REST OF THE WORLD WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)
27. REST OF THE WORLD WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2023-2031 ($ MILLION)
28. REST OF THE WORLD WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)
29. REST OF THE WORLD WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023-2031 ($ MILLION)
1. GLOBAL WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2023 VS 2031 (%)
2. GLOBAL ACRYLIC BASED WEARABLE SKIN ADHESIVESMARKET RESEARCH AND ANALYSIS BY REGION, 2023 VS 2031 (%)
3. GLOBAL SILICON BASED WEARABLE SKIN ADHESIVESMARKET RESEARCH AND ANALYSIS BY REGION, 2023 VS 2031 (%)
4. GLOBAL OTHER PRODUCT BASED WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2023 VS 2031 (%)
5. GLOBAL WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023 VS 2031 (%)
6. GLOBAL WEARABLE SKIN ADHESIVES FOR DIAGNOSTIC DEVICESMARKET RESEARCH AND ANALYSIS BY REGION, 2023 VS 2031 (%)
7. GLOBAL WEARABLE SKIN ADHESIVES FOR MONITORING DEVICESMARKET RESEARCH AND ANALYSIS BY REGION, 2023 VS 2031 (%)
8. GLOBAL WEARABLE SKIN ADHESIVES FOR DRUG DELIVERY DEVICESMARKET RESEARCH AND ANALYSIS BY REGION, 2023 VS 2031 (%)
9. GLOBAL WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY END-USER, 2023 VS 2031 (%)
10. GLOBAL WEARABLE SKIN ADHESIVESIN HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2023 VS 2031 (%)
11. GLOBAL WEARABLE SKIN ADHESIVESIN HOMECARE SETTINGS MARKET RESEARCH AND ANALYSIS BY REGION, 2023 VS 2031 (%)
12. GLOBAL WEARABLE SKIN ADHESIVESIN AMBULATORY SURGICAL CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2023 VS 2031 (%)
13. GLOBAL WEARABLE SKIN ADHESIVES MARKET RESEARCH AND ANALYSIS BY REGION, 2023 VS 2031 (%)
14. US WEARABLE SKIN ADHESIVES MARKET SIZE, 2023-2031 ($ MILLION)
15. CANADA WEARABLE SKIN ADHESIVES MARKET SIZE, 2023-2031 ($ MILLION)
16. UK WEARABLE SKIN ADHESIVES MARKET SIZE, 2023-2031 ($ MILLION)
17. FRANCE WEARABLE SKIN ADHESIVES MARKET SIZE, 2023-2031 ($ MILLION)
18. GERMANY WEARABLE SKIN ADHESIVES MARKET SIZE, 2023-2031 ($ MILLION)
19. ITALY WEARABLE SKIN ADHESIVES MARKET SIZE, 2023-2031 ($ MILLION)
20. SPAIN WEARABLE SKIN ADHESIVES MARKET SIZE, 2023-2031 ($ MILLION)
21. REST OF EUROPE WEARABLE SKIN ADHESIVES MARKET SIZE, 2023-2031 ($ MILLION)
22. INDIA WEARABLE SKIN ADHESIVES MARKET SIZE, 2023-2031 ($ MILLION)
23. CHINA WEARABLE SKIN ADHESIVES MARKET SIZE, 2023-2031 ($ MILLION)
24. JAPAN WEARABLE SKIN ADHESIVES MARKET SIZE, 2023-2031 ($ MILLION)
25. SOUTH KOREA WEARABLE SKIN ADHESIVES MARKET SIZE, 2023-2031 ($ MILLION)
26. REST OF ASIA-PACIFIC WEARABLE SKIN ADHESIVES MARKET SIZE, 2023-2031 ($ MILLION)
27. LATIN AMERICA WEARABLE SKIN ADHESIVES MARKET SIZE, 2023-2031 ($ MILLION)
28. THE MIDDLE EAST & AFRICA WEARABLE SKIN ADHESIVES MARKET SIZE, 2023-2031 ($ MILLION)
