The North America Medical Stick-to-Skin Adhesives Market would witness market growth of 6.5% CAGR during the forecast period (2023-2030).
With the growing trend towards home-based healthcare and remote patient monitoring, stick-to-skin adhesives have witnessed increased adoption in home settings. These adhesives secure wearable devices, which help patients with chronic illnesses like diabetes or hypertension by enabling continuous monitoring without frequent trips to healthcare facilities. The simplicity of application and removal makes these adhesives well-suited for use by patients or their caregivers in a home environment. The advent of wearable medical devices has significantly influenced stick-to-skin adhesive adoption.
Medical stick-to-skin adhesives have proven particularly valuable in paediatric and geriatric care. Children, who may be more sensitive to traditional adhesives, benefit from stick-to-skin adhesives' gentle and hypoallergenic nature. Similarly, older adults, often dealing with fragile skin, find these adhesives preferable for various applications, including wound care and continuous monitoring. Stick-to-skin adhesives have gained traction in surgical settings for securing medical dressings and postoperative monitoring devices. The breathability and flexibility of these adhesives contribute to patient comfort during recovery.
According to the Centers for Disease Control and Prevention, six out of ten Americans suffer from at least one chronic condition, including diabetes, cancer, heart disease, or a stroke. The leading causes of death and disability in the US are these and other chronic disorders, dramatically raising healthcare costs. Chronic cardiovascular conditions, including hypertension and heart disease, are widespread in America. Chronic respiratory diseases such as COPD and asthma are common in America. Due to the above-mentioned factors, the market will grow significantly in this region.
The US market dominated the North America 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 $1,059.4 million by 2030. The Canada market is experiencing a CAGR of 8.9% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 7.9% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The 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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