Global Adhesives for Wearable Medical Device Market Size, Status and Forecast 2019-2025

Adhesive plays a critical role in the success of a medical device, 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.
From a regional perspective, North America, Europe and the Asia-Pacific region have the largest share of income, accounting for 40.77%, 26.63% and 26.79% respectively in 2018. The major companies in this industry are 3M, Dow, Scapa Group, etc., with market shares of production value accounting for 25.02%, 16.10% and 10.38% respectively.
In 2018, the global Adhesives for Wearable Medical Device market size was 257.8 million US$ and it is expected to reach 660.9 million US$ by the end of 2025, with a CAGR of 14.1% during 2019-2025.

This report focuses on the global Adhesives for Wearable Medical Device status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Adhesives for Wearable Medical Device development in North America and Europe..

The key players covered in this study


3M
Dow
Scapa Group
H.B. Fuller
Adhesives Research
Henkel
Vancive Medical Technologies
Lohmann
Elkem Silicones
Polymer Science, Inc.
Adhezion Biomedical

Market segment by Type, the product can be split into


Acrylics Based
Silicone Based
Others

In 2018, acrylics based and silicone based have the highest revenue market share, accounting for 48.11% and 41.42%, respectively.

Market segment by Application, split into


Diagnostic Device
Monitoring Device
Drug Delivery Devices

By application, the monitoring device's revenue share was the highest in 2018, at 46.67%.

Market segment by Regions/Countries, this report covers


North America
Europe

The study objectives of this report are:


To analyze global Adhesives for Wearable Medical Device status, future forecast, growth opportunity, key market and key players.
To present the Adhesives for Wearable Medical Device development in North America and Europe..
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Adhesives for Wearable Medical Device are as follows:
History Year: 2014-2018

Base Year:

2018

Estimated Year:

2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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