According to a new report, published by KBV research, The Global Medical Stick-to-Skin Adhesives Market size is expected to reach $4.0 billion by 2030, rising at a market growth of 7.2% CAGR during the forecast period.
The Electrode Adhesives segment is exhibiting a CAGR of 7.6% during (2023 - 2030). Adhesive electrode demand has surged due to the growth of telehealth and remote patient monitoring. These electrodes attach sensors to the skin, allowing continuous monitoring of vital signs and other physiological factors. An aging population and the rising incidence of chronic illnesses have increased the demand for ongoing health monitoring. Electrode adhesives are essential for attaching devices that monitor conditions such as heart rate, ECG, and blood glucose levels, contributing to managing chronic diseases.
The Paper segment is registering the maximum revenue in the Global Medical Stick-to-Skin Adhesives Market by Backing Material in 2022; thereby, achieving a market value of $1.7 billion by 2030. Paper is breathable and comfortable when in contact with the skin. Paper-based adhesives create a breathable barrier that improves airflow and lowers the risk of skin irritation in certain applications, like wound dressings or bandages. It is possible to create flexible paper-based adhesives that conform to the body's contours. This flexibility is especially useful in applications where the adhesive needs to shift with the patient, such as wearable devices.
The Ostomy Seals segment would exhibit a CAGR of 7.8% during (2023 - 2030). Ostomy seals are essential to ostomy care, forming a barrier between the skin and the appliance. They are designed to create a secure seal, preventing the leakage of stool or urine, and protecting the surrounding skin from irritation. Ostomy seals prevent common complications associated with ostomies, such as leakage, skin irritation, and peristomal dermatitis. The effective sealing provided by ostomy seals enhances the overall comfort and quality of life for individuals with ostomies. Ostomy seals are designed to provide long-wearing performance, ensuring a secure seal for an extended period.
The Hospitals & Clinics segment is generating highest revenue in the Global Medical Stick-to-Skin Adhesives Market by End-User in 2022; thereby, achieving a market value of $2.6 billion by 2030. Hospitals & clinics are dynamic environments where various medical procedures and treatments occur. These adhesives find applications in wound care, surgery, monitoring devices, diagnostic tests, and other medical interventions, making them integral to daily healthcare practices. Hospitals & clinics extensively use stick-to-skin adhesives for securing monitoring devices such as electrocardiogram (ECG) electrodes, pulse oximeters, and other sensors.
The Silicone-Based segment is experiencing a CAGR of 6.9% during (2023 - 2030). Silicone adhesives are hypoallergenic, reducing the risk of allergic reactions or sensitivities. This makes them suitable for many patients with allergies or skin sensitivities. The hypoallergenic nature of silicone adhesives enhances their acceptance in diverse healthcare settings. Silicone-based adhesives are inherently water-resistant, providing reliable adhesion even in moisture. This feature is valuable in applications where the adhesive may meet sweat, water, or other fluids. It ensures the adhesiveness of medical devices in various environmental conditions.
The North America region dominated the Global Medical Stick-to-Skin Adhesives Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1.5 billion by 2030. The Europe region is anticipated to grow at a CAGR of 6.8% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 8% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/medical-stick-to-skin-adhesives-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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
By Type
By Backing Material
By Application
By End-User
By Product
By Geography
Companies Profiled