The global wearable skin adhesives market size was estimated to be USD 395.9 million in 2023 and is expected to reach at USD 947.0 million by 2034 with a CAGR of 8.25% during the forecast period 2024-2034. The rising occurrence of chronic conditions such as cardiovascular diseases, cancer, diabetes, & obesity, growing advancements in technology, surge in number of patients with chronic ailments, numerous governments are investing in the research & development sectors, an uptick in the consumption of fast or processed foods, and surge in the introduction of innovative wearable skin adhesives are some of the key factors boosting the market growth.
Surge in the introduction of innovative wearable skin adhesives is predicted to boost the market growth during the forecast period. The wearable skin adhesives are formulated for use on the human skin and are suitable for applications with varying durations of wear, from short to long term. They exhibit resilience against factors like sweat, UV light, water, moisture, and dynamic movement. Additionally, these adhesives offer innovative solutions to patients, facilitating data tracking through various medical sensors, bio-signal devices, continuous glucose monitoring, and wearable adhesives for monitoring heart rate. For instance, in February 2023, 3M Company, based in the United States, has introduced 3M Medical Tape 4578, a novel adhesive tape designed for prolonged adhesion to the skin, lasting up to 28 days. It is intended for use with medical monitors, sensors, and wearables.
By product, silicone-based was the highest revenue-grossing segment in the global wearable skin adhesives market in 2023 owing to the increasing utilization across a spectrum of skin types, from sensitive to delicate, and growing trend in the introduction of products containing silicon. Silicone is user-friendly, causing minimal to no discomfort during removal. Its prolonged effectiveness is attributed to chemical stability, along with resistance to weathering and moisture. Silicone-based adhesives also create a robust and durable bond, making them an optimal choice in many instances. Consequently, manufacturers in the market are consistently developing and introducing new products based on silicone. For instance, in October 2023, DuPont de Nemours, Inc., a US-based company, has unveiled DuPont Liveo MG 7-9960 Soft Skin Adhesive, a newly developed soft silicone skin adhesive (SSA) with elevated adhesion and low cyclic properties. This adhesive is specifically crafted for advanced wound care dressings and securing medical devices to the skin, offering prolonged wear time and easy removal. Additionally, acrylic-based is predicted to grow at the fastest CAGR during the forecast period owing to the presence of both vent & water-based acrylic products, commonly employed in various medical applications such as fixations and deep wound dressings.
By application, monitoring devices was the highest revenue-grossing segment in the global wearable skin adhesives market in 2023 owing to the increasing incidence of chronic conditions necessitates individuals affected by them to monitor their health consistently, aiming to prevent severe health complications & reduce the risk of serious illness and a heightened emphasis from key market players on developing innovative products. For instance, in April 2022, 3M has created a medical adhesive called 3M Spunlace Extended Wear Adhesive Tape on Liner, 4576, designed for extended wear devices that need to be affixed to the skin for up to 21 days. This marks a step forward in the evolution of device design. Prolonged wear periods, such as 21 days, could potentially enhance user adherence and offer economic advantages in healthcare. Additionally, diagnostic devices is predicted to grow at the fastest CAGR during the forecast period owing to a numerous patches and tapes are being introduced into the market for the purpose of diagnosing the sugar levels in diabetic patients.
By end-user, hospitals was the highest revenue-grossing segment in the global wearable skin adhesives market in 2023 owing to a heightened inclination to seek diagnosis or treatment in a hospital setting rather than other environments, the extensive presence of experts & specialists within hospitals, and increase in the introduction of new products. For instance, in November 2023, Henkel introduced Loctite WT 3001 and Loctite WT 3003, innovative medical-grade light-curing adhesives specifically crafted for wearable devices. Additionally, home care settings is predicted to grow at the fastest CAGR during the forecast period owing to the growing trend of utilizing these products in homecare settings for monitoring vital health parameters. These devices are designed to be user-friendly, providing convenience to individuals without requiring assistance from healthcare professionals.
North America region is anticipated for the highest revenue share during the forecast period owing to the growing incidence of chronic diseases, a favorable reimbursement environment, a well-established healthcare infrastructure, and an increase in mergers and acquisitions among market players. For instance, in July 2023, H.B. Fuller Company, based in the United States, has completed the acquisition of Adhezion Biomedical, LLC, also based in the United States. This strategic move is aimed at enhancing H.B. Fuller's capacities in the rapidly growing healthcare adhesives market. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to a substantial patient population, an expanding geriatric demographic, a trend towards a sedentary lifestyle, a rise in healthcare spending, and an increasing level of collaboration among major market players. For instance, in September 2022, 3M has collaborated with Epicore Biosystems, a digital health company, and Innovize, Inc., a specialized manufacturer of medical devices. The partnership is focused on tackling diverse challenges through the application of enhanced and safer healthcare solutions.
Surge in the introduction of innovative wearable skin adhesives is predicted to boost the market growth during the forecast period. The wearable skin adhesives are formulated for use on the human skin and are suitable for applications with varying durations of wear, from short to long term. They exhibit resilience against factors like sweat, UV light, water, moisture, and dynamic movement. Additionally, these adhesives offer innovative solutions to patients, facilitating data tracking through various medical sensors, bio-signal devices, continuous glucose monitoring, and wearable adhesives for monitoring heart rate. For instance, in February 2023, 3M Company, based in the United States, has introduced 3M Medical Tape 4578, a novel adhesive tape designed for prolonged adhesion to the skin, lasting up to 28 days. It is intended for use with medical monitors, sensors, and wearables.
By product, silicone-based was the highest revenue-grossing segment in the global wearable skin adhesives market in 2023 owing to the increasing utilization across a spectrum of skin types, from sensitive to delicate, and growing trend in the introduction of products containing silicon. Silicone is user-friendly, causing minimal to no discomfort during removal. Its prolonged effectiveness is attributed to chemical stability, along with resistance to weathering and moisture. Silicone-based adhesives also create a robust and durable bond, making them an optimal choice in many instances. Consequently, manufacturers in the market are consistently developing and introducing new products based on silicone. For instance, in October 2023, DuPont de Nemours, Inc., a US-based company, has unveiled DuPont Liveo MG 7-9960 Soft Skin Adhesive, a newly developed soft silicone skin adhesive (SSA) with elevated adhesion and low cyclic properties. This adhesive is specifically crafted for advanced wound care dressings and securing medical devices to the skin, offering prolonged wear time and easy removal. Additionally, acrylic-based is predicted to grow at the fastest CAGR during the forecast period owing to the presence of both vent & water-based acrylic products, commonly employed in various medical applications such as fixations and deep wound dressings.
By application, monitoring devices was the highest revenue-grossing segment in the global wearable skin adhesives market in 2023 owing to the increasing incidence of chronic conditions necessitates individuals affected by them to monitor their health consistently, aiming to prevent severe health complications & reduce the risk of serious illness and a heightened emphasis from key market players on developing innovative products. For instance, in April 2022, 3M has created a medical adhesive called 3M Spunlace Extended Wear Adhesive Tape on Liner, 4576, designed for extended wear devices that need to be affixed to the skin for up to 21 days. This marks a step forward in the evolution of device design. Prolonged wear periods, such as 21 days, could potentially enhance user adherence and offer economic advantages in healthcare. Additionally, diagnostic devices is predicted to grow at the fastest CAGR during the forecast period owing to a numerous patches and tapes are being introduced into the market for the purpose of diagnosing the sugar levels in diabetic patients.
By end-user, hospitals was the highest revenue-grossing segment in the global wearable skin adhesives market in 2023 owing to a heightened inclination to seek diagnosis or treatment in a hospital setting rather than other environments, the extensive presence of experts & specialists within hospitals, and increase in the introduction of new products. For instance, in November 2023, Henkel introduced Loctite WT 3001 and Loctite WT 3003, innovative medical-grade light-curing adhesives specifically crafted for wearable devices. Additionally, home care settings is predicted to grow at the fastest CAGR during the forecast period owing to the growing trend of utilizing these products in homecare settings for monitoring vital health parameters. These devices are designed to be user-friendly, providing convenience to individuals without requiring assistance from healthcare professionals.
North America region is anticipated for the highest revenue share during the forecast period owing to the growing incidence of chronic diseases, a favorable reimbursement environment, a well-established healthcare infrastructure, and an increase in mergers and acquisitions among market players. For instance, in July 2023, H.B. Fuller Company, based in the United States, has completed the acquisition of Adhezion Biomedical, LLC, also based in the United States. This strategic move is aimed at enhancing H.B. Fuller's capacities in the rapidly growing healthcare adhesives market. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to a substantial patient population, an expanding geriatric demographic, a trend towards a sedentary lifestyle, a rise in healthcare spending, and an increasing level of collaboration among major market players. For instance, in September 2022, 3M has collaborated with Epicore Biosystems, a digital health company, and Innovize, Inc., a specialized manufacturer of medical devices. The partnership is focused on tackling diverse challenges through the application of enhanced and safer healthcare solutions.
Segmentation: Wearable Skin Adhesives Market Report 2023 - 2034
Wearable Skin Adhesives Market Analysis & Forecast by Product 2023 - 2034 (Revenue USD Mn)
- Silicone-based
- Acrylic-based
- Others
Wearable Skin Adhesives Market Analysis & Forecast by Application 2023 - 2034 (Revenue USD Mn)
- Monitoring Devices
- Drug Delivery Devices
- Diagnostic Devices
Wearable Skin Adhesives Market Analysis & Forecast by End-user 2023 - 2034 (Revenue USD Mn)
- Ambulatory Surgical Centers
- Hospitals
- Home Care Settings
- Others
Wearable Skin Adhesives Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Mn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Wearable Skin Adhesives Market: Product Estimates & Trend Analysis
8. Wearable Skin Adhesives Market: Application Estimates & Trend Analysis
9. Wearable Skin Adhesives Market: End-user Estimates & Trend Analysis
10. Regional Market Analysis
11. North America Wearable Skin Adhesives Market
12. Europe Global Wearable Skin Adhesives Market
13. Asia Pacific Global Wearable Skin Adhesives Market
14. Latin America Global Wearable Skin Adhesives Market
15. MEA Global Wearable Skin Adhesives Market
16. Competitor Analysis
17. Company Profiles
Companies Mentioned
- Canfield Scientific Inc.
- Solta Medical Inc.
- 3Gen
- Cutera Inc.
- Syneron Medical Ltd.
- Fotona
- Alma Lasers GmbH
- Image Derm Inc.
- Aesthetic Group
- Cynosure Inc.
- Ambicare Health
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | January 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 395.9 Million |
| Forecasted Market Value ( USD | $ 947 Million |
| Compound Annual Growth Rate | 8.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
