Global Wearable Adhesives Market to Witness 13.8% Growth Rate to 2023

The worldwide market for Wearable Adhesives is expected to grow at a CAGR of roughly 13.8% over the next five years, will reach 490 million US$ in 2023, from 230 million US$ in 2017.

Wearable Adhesives are used to attach wearable medical devices to the skin. The designing of a suitable adhesive for wearable medical device applications is critical. It is important to ensure that the components such as skin adhesive, the substrate, and the device-hold adhesive work together. The absence of any of these components will not offer the benefits as expected and can bring users discomfort.

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In consumer electronics, next-generation wearable devices are pushing the envelope when it comes to size, weight, appearance, and capabilities. In the medical device field, however, wearables are at their infancy stage. The same technological advancements that are making consumer electronics lighter and thinner are enabling wearables in medical devices by making them small enough to be comfortable. Great growth is expected in this field over the next few years. One report forecasted a CAGR of 17.7 % in the global wearable medical device market from 2015 to 2020. This is despite current challenges such as a lack of reimbursement and high prices for some of these devices. As the technology matures, these devices will be less costly.

Wearable Adhesives are skin-friendly adhesives for Diagnostic Device, Monitoring Device and Drug Delivery Devices. Currently, Acrylics Based and Silicone Based Wearable Adhesives are popular with best performance. In 2017, Acrylics Based adhesives production value is 108.89 M USD, with a production value of 48.14%. While, Silicone Based Wearable Adhesives grow faster in the next few year.

There are many Wearable Adhesives suppliers all over the world, such as 3M, Dow Corning,
Scapa Group, H.B. Fuller, Adhesives Research, Henkel, Vancive Medical Technologies, Lohmann,
Elkem Silicones, Polymer Science, Inc. and Adhezion Biomedicaletc. Most of those suppliers are based in North America and Europe. During all those major suppliers, 3M and Dow Corning are global leading two major suppliers, with a total production value share of 40.96% in 2017.

Global major consumption regions are distributed in developed regions, such as North America and Europe. In 2017, North America Sales Revenue is about 119.56 M USD, accounting for the largest consumption share of 39.75%. While Europe Sales Revenue is about 88.93 M USD in 2017.

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There are 15 Chapters to deeply display the global Wearable Adhesives market.
There are 15 Chapters to deeply display the global Wearable Adhesives market.
Chapter 1, to describe Wearable Adhesives Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Wearable Adhesives, with sales, revenue, and price of Wearable Adhesives, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Wearable Adhesives, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Wearable Adhesives market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Wearable Adhesives sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source

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