Published Date: 30-Nov-2022
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According to a new report, published by KBV research, The Global Wearable Skin Adhesives Market size is expected to reach $581.3 million by 2028, rising at a market growth of 8.5% CAGR during the forecast period.
The Acrylic-based market is expected to witness a CAGR of 8.7% during (2022 - 2028). This type of adhesives are easy to stick on human skin. Further, they are economical and can be used for laminating procedures aggravating the positive aspects. From advanced wound care solutions to medical wearables they are used in most of the medical areas nowadays.
The Monitoring Devices market is leading the segment in the Global Wearable Skin Adhesives Market by Application in 2021; thereby, achieving a market value of $256.5 Million by 2028. The need for better management, continuous evaluation and real-time monitoring is essential in chronic patients suffering from diabetes, cardiovascular disease and neurological disorders. The growing prevalence of chronic illness requires individuals who are affected to keep a track of their health conditions to avoid a serious threat to their health thereby lowering the risk of being seriously ill.
The Home Care Settings market is registering a CAGR of 9.2% during (2022 - 2028). Home health care which mainly includes the care given by skilled medical personnel together with nursing care and physical therapy is rising rapidly. Wearable devices are actively used at home to assess the lifestyle of the patient as well as disease symptoms. These symptoms can be monitored through the wearable device which can be integrated with an IMU sensor and managed with any smart application system.
The North America market dominated the Global Wearable Skin Adhesives Market by Region in 2021; thereby, achieving a market value of $214.8 Million by 2028. The Europe market is anticipated to grow at a CAGR of 8.1% during (2022 - 2028). Additionally, The Asia Pacific market would witness a CAGR of 9% during (2022 - 2028).
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, 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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