The Asia Pacific Wearable Skin Adhesives Market would witness market growth of 9.0% CAGR during the forecast period (2022-2028).
The wearable devices are fastest growing fuelled by several trends. The major trends that contribute to the growth of wearable medical device consists therapeutic devices and skin-adhered diagnostic. Wearable technology has the capability to create advanced and improved ways of how people look at their health. It also helps in interpreting the science behind human health. These devices & technologies also push people into higher levels of medicine.
Wearable skin adhesives have significantly impacted how people are diagnosed, rehabbed and treated over time. Many of the wearable skin adhesives help in preventing hospital re-admissions and effectively treat life-threatening situations in the case of certain chronic patients by enabling early stage diagnosis.
These wearable devices are considered highly acceptable and usable as the devices are tested directly on users before releasing the device. These wearable skin adhesives are usually more accurate than clinical assessment in estimating the risk of falls in chronic patients thereby enhancing safety in the homecare environment.
Besides this, Japan’s digital health industries’ uninterrupted growth has been driven by a combination of elements which comprises advanced information technology infrastructure, a vast ageing community, and a rapid shift to digitalization post-pandemic. The Japanese government is exploring ways to increase research & development in the medical technology sector to enhance production digital products such as wearable skin adhesives. All these advances in the medical sector will lead to the wide adoption of wearable skin adhesives, propelling the regional market growth.
The China market dominated the Asia Pacific Wearable Skin Adhesives Market by Country in 2021; thereby, achieving a market value of $48 Million by 2028. The Japan market is registering a CAGR of 8.3% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 9.7% during (2022 - 2028).
Based on Product, the market is segmented into Silicone-based, Acrylic-based and Others. Based on Application, the market is segmented into Monitoring Devices, Diagnostic Devices and Drug Delivery Devices. Based on End-use, the market is segmented into Hospitals, Ambulatory Surgical Centers, Home Care Settings 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 Worldwide Wearable Skin Adhesives Market is Projected to reach USD 581.3 Million by 2028, at a CAGR of 8.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Scapa Group Ltd. (Mativ Holdings, Inc.), The Dow Chemical Company (Dow Corning Ltd.), Avery Dennison Corporation, Henkel AG & Company, KGaA, H.B. Fuller Company, Adhesives Research, Inc., Polymer Science, Inc., Adhezion Biomedical, LLC and Lohmann & Rauscher GmbH & Co. KG
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