The Asia Pacific Medical Stick-to-Skin Adhesives Market would witness market growth of 8.0% CAGR during the forecast period (2023-2030).
Medical stick-to-skin adhesives are widely employed for attaching sensors and monitoring devices directly to the skin. These devices can detect vital signs such as heart rate, blood pressure, temperature, and oxygen saturation. Continuous monitoring allows healthcare professionals to gather real-time patient health status data, enabling timely interventions and personalized care. Stick-to-skin adhesives play a pivotal role in transdermal drug delivery systems. Transdermal patches, secured by these adhesives, allow for the controlled release of medications through the skin into the bloodstream.
Stick-to-skin adhesives are particularly valuable in paediatric care due to their gentle and hypoallergenic nature. These adhesives are used for attaching monitoring devices, securing dressings, and facilitating various medical applications in children. The comfort and ease of use make them well-suited for the sensitive skin of paediatric patients. In neonatal intensive care units (NICUs), stick-to-skin adhesives attach monitoring devices to premature infants. These gentle and non-invasive adhesives are crucial in providing care to fragile neonates, allowing healthcare professionals to monitor vital signs without causing unnecessary discomfort.
As per Invest India, in FY17, the hospital industry in India was worth $ 61.79 billion, which is projected to reach $ 132 billion by 2023. Increasing awareness about healthcare and wellness among the Indian population leads to higher healthcare-seeking behaviour. The increasing incidence of chronic diseases in India, such as diabetes and cardiovascular conditions, necessitates continuous monitoring and management. Advancements in medical technology, including wearable devices and continuous monitoring solutions, contribute to adopting these adhesives in India. All these factors will uplift the regional market’s expansion in the coming years.
The China market dominated the Asia Pacific Medical Stick-to-Skin Adhesives Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $300.2 million by 2030. The Japan market is registering a CAGR of 7.3% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 8.6% during (2023 - 2030).
Based on Type, the market is segmented into Specialized Adhesives, Electrode Adhesives, and Transdermal Drug Delivery Adhesives. Based on Backing Material, the market is segmented into Paper, Fabric, Plastic, and Others. Based on Application, the market is segmented into Surgery, Wound Dressing, Ostomy Seals, and Others. Based on End-User, the market is segmented into Hospitals & Clinics, Home Care Settings, and Others. Based on Product, the market is segmented into Acrylic-Based, Silicone-Based, Rubber-Based, Hydrogel-based, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Medical Stick-to-Skin Adhesives Market is Predict to reach $4 Billion by 2030, at a CAGR of 7.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Johnson & Johnson, Avery Dennison Corporation, Smith & Nephew PLC, Nitto Denko Corporation, DuPont de Nemours, Inc., Medtronic PLC, B. Braun Melsungen AG, Henkel AG & Company, KGaA, and Lohmann & Rauscher GmbH & Co. KG
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