Market Overview:
The global wearable adhesive market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for diagnostic and monitoring devices, and drug delivery devices. In addition, the growing awareness about health and fitness is also contributing to the growth of this market. Based on type, the global wearable adhesive market can be segmented into acrylics-based adhesives, silicone-based adhesives, and others. Silicone-based adhesives are expected to witness high growth during the forecast period owing to their properties such as biocompatibility and non-toxicity. Based on application, the global wearable adhesive market can be segmented into diagnostic devices, monitoring devices, drug delivery devices, and others.
Product Definition:
Wearable adhesives are adhesive materials which can be worn on the skin. They are often used in medical applications, where they can be used to attach medical devices or bandages to the skin.
Acrylics Based:
Acrylics based are polymers of acrylic acid with a few other monomers. They are used as crosslinking agents in the production of thermoset or liquid adhesives. The most common application is found in paints and coatings, where they find use as binders for pigments and additives to enhance the properties of resins.
Silicone Based:
Silicone based products are widely used in the adhesives market owing to their characteristics such as high viscosity, low volatility, and good thermal stability. They have a wide range of applications including paints & coatings, inkjet paper coating films and plastics. Silicone-based materials are also being increasingly used in medical devices as they offer better biocompatibility which is expected to drive the wearable adhesives market over the forecast period.
Application Insights:
The market is segmented by application into diagnostic devices, monitoring devices, drug delivery devices and others. The other segment includes surgical adhesives, electronic device-based adhesives and mechanical device-based adhesives. The use of wearable electronics has increased significantly in recent years owing to their increasing utility in various applications such as fitness tracking, medical monitoring and patient care. This trend is expected to drive the demand for wearables which can be used as a source of data during emergencies or traumatic situations thereby augmenting product demand over the forecast period.
Diagnostic device was estimated as the largest application segment with a revenue share of around 40% in 2017 due to rising product usage for various purposes such as heart rate monitoring during sports activities or while taking part in military operations among others.
Regional Analysis:
North America dominated the market in 2017 owing to the presence of a large number of industry players and high disposable income. The region is expected to maintain its dominance over the forecast period due to increasing R&D activities for development of advanced medical devices, rising adoption rate wearable electronics, and growing demand for smart devices.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing disposable income especially in developing countries such as China & India. In addition, favorable government policies are also expected favorably impact regional growth by creating ample opportunities for manufacturers & suppliers.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for wearable devices: The global market for wearable devices is expected to grow at a CAGR of more than 28% from 2016 to 2020, according to MarketsandMarkets. This growth can be attributed to the increasing demand for fitness and health tracking devices, smart watches, and augmented reality (AR) glasses.
- Rising awareness about the benefits of adhesive wearables: Adhesive wearables offer several advantages over traditional clothing such as improved comfort, fit, and functionality. They are also less likely to cause skin irritation or allergies. As a result, there is rising awareness about the benefits of adhesive wearables among consumers worldwide.
- Growing popularity of DIY projects: There is growing interest in do-it-yourself (DIY) projects among consumers across the globe due to increased access to information online and growing affordability of tools and materials required for such projects. This has led to an increase in demand for adhesive wearables that can be easily assembled by consumers without any specialized skills or equipment requirements.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wearable Adhesives Market Research Report
By Type
Acrylics Based, Silicone Based, Others
By Application
Diagnostic Device, Monitoring Device, Drug Delivery Devices
By Companies
3M, DowDuPont, Scapa, H.B. Fuller, Adhesives Research, Henkel, Vancive Medical Technologies, Lohmann, Elkem Silicones, Polymer Science, Adhezion Biomedical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Wearable Adhesives Market Report Segments:
The global Wearable Adhesives market is segmented on the basis of:
Types
Acrylics Based, Silicone Based, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Diagnostic Device, Monitoring Device, Drug Delivery Devices
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 3M
- DowDuPont
- Scapa
- H.B. Fuller
- Adhesives Research
- Henkel
- Vancive Medical Technologies
- Lohmann
- Elkem Silicones
- Polymer Science
- Adhezion Biomedical
Highlights of The Wearable Adhesives Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Acrylics Based
- Silicone Based
- Others
- By Application:
- Diagnostic Device
- Monitoring Device
- Drug Delivery Devices
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wearable Adhesives Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wearable adhesives are a type of adhesive that is applied to the skin or other surfaces using a bandage, patch, sticker, or other device. They can be used to attach medical devices such as heart monitors and stents to the body, or for cosmetic purposes such as attaching temporary tattoos.
Some of the major players in the wearable adhesives market are 3M, DowDuPont, Scapa, H.B. Fuller, Adhesives Research, Henkel, Vancive Medical Technologies, Lohmann, Elkem Silicones, Polymer Science, Adhezion Biomedical.
The wearable adhesives market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wearable Adhesives Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wearable Adhesives Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wearable Adhesives Market - Supply Chain
4.5. Global Wearable Adhesives Market Forecast
4.5.1. Wearable Adhesives Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wearable Adhesives Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wearable Adhesives Market Absolute $ Opportunity
5. Global Wearable Adhesives Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Wearable Adhesives Market Size and Volume Forecast by Type
5.3.1. Acrylics Based
5.3.2. Silicone Based
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wearable Adhesives Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Wearable Adhesives Market Size and Volume Forecast by Application
6.3.1. Diagnostic Device
6.3.2. Monitoring Device
6.3.3. Drug Delivery Devices
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wearable Adhesives Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Wearable Adhesives Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Wearable Adhesives Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Wearable Adhesives Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Wearable Adhesives Demand Share Forecast, 2019-2026
9. North America Wearable Adhesives Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Wearable Adhesives Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Wearable Adhesives Market Size and Volume Forecast by Application
9.4.1. Diagnostic Device
9.4.2. Monitoring Device
9.4.3. Drug Delivery Devices
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wearable Adhesives Market Size and Volume Forecast by Type
9.7.1. Acrylics Based
9.7.2. Silicone Based
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Wearable Adhesives Demand Share Forecast, 2019-2026
10. Latin America Wearable Adhesives Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Wearable Adhesives Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Wearable Adhesives Market Size and Volume Forecast by Application
10.4.1. Diagnostic Device
10.4.2. Monitoring Device
10.4.3. Drug Delivery Devices
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wearable Adhesives Market Size and Volume Forecast by Type
10.7.1. Acrylics Based
10.7.2. Silicone Based
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Wearable Adhesives Demand Share Forecast, 2019-2026
11. Europe Wearable Adhesives Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Wearable Adhesives Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Wearable Adhesives Market Size and Volume Forecast by Application
11.4.1. Diagnostic Device
11.4.2. Monitoring Device
11.4.3. Drug Delivery Devices
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wearable Adhesives Market Size and Volume Forecast by Type
11.7.1. Acrylics Based
11.7.2. Silicone Based
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projectios by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Wearable Adhesives Demand Share, 2019-2026
12. Asia Pacific Wearable Adhesives Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Wearable Adhesives Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Wearable Adhesives Market Size and Volume Forecast by Application
12.4.1. Diagnostic Device
12.4.2. Monitoring Device
12.4.3. Drug Delivery Devices
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wearable Adhesives Market Size and Volume Forecast by Type
12.7.1. Acrylics Based
12.7.2. Silicone Based
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Wearable Adhesives Demand Share, 2019-2026
13. Middle East & Africa Wearable Adhesives Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Wearable Adhesives Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Wearable Adhesives Market Size and Volume Forecast by Application
13.4.1. Diagnostic Device
13.4.2. Monitoring Device
13.4.3. Drug Delivery Devices
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wearable Adhesives Market Size and Volume Forecast by Type
13.7.1. Acrylics Based
13.7.2. Silicone Based
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Wearable Adhesives Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wearable Adhesives Market: Market Share Analysis
14.2. Wearable Adhesives Distributors and Customers
14.3. Wearable Adhesives Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. 3M
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DowDuPont
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Scapa
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. H.B. Fuller
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Adhesives Research
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Henkel
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Vancive Medical Technologies
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lohmann
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Elkem Silicones
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Polymer Science
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Adhezion Biomedical
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
