Global and China Adhesives for Wearable Medical Device Market Size, Status and Forecast 2021-2027

SKU ID : QYR-18683102 | Publishing Date : 02-Jul-2021 | No. of pages : 107

Adhesive plays a critical role in the success of a medical device, 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.
From a regional perspective, North America, Europe and the Asia-Pacific region have the largest share of income, accounting for 40.77%, 26.63% and 26.79% respectively in 2018. The major companies in this industry are 3M, Dow, Scapa Group, etc., with market shares of production value accounting for 25.02%, 16.10% and 10.38% respectively.

Market Analysis and Insights: Global Adhesives for Wearable Medical Device Market
The global Adhesives for Wearable Medical Device market size is projected to reach US$ 864 million by 2027, from US$ 343.2 million in 2020, at a CAGR of 14.1% during 2021-2027.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Adhesives for Wearable Medical Device market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Adhesives for Wearable Medical Device market in terms of revenue.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Adhesives for Wearable Medical Device market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Adhesives for Wearable Medical Device market.

Global Adhesives for Wearable Medical Device Scope and Market Size
Adhesives for Wearable Medical Device market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Adhesives for Wearable Medical Device market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Acrylics Based
Silicone Based
Others
In 2018, acrylics based and silicone based have the highest revenue market share, accounting for 48.11% and 41.42%, respectively.

Segment by Application
Diagnostic Device
Monitoring Device
Drug Delivery Devices
By application, the monitoring device's revenue share was the highest in 2018, at 46.67%.

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
3M
Dow
Scapa Group
H.B. Fuller
Adhesives Research
Henkel
Vancive Medical Technologies
Lohmann
Elkem Silicones
Polymer Science, Inc.
Adhezion Biomedical

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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  • By End User/Applications
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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