Medical Stick-to-Skin Adhesives Market Size is valued at USD 2.21 Bn in 2022 and is predicted to reach USD 4.40 Bn by the year 2031 at a 8.23% CAGR during the forecast period for 2023-2031.
Medical adhesives are designed to attach wearables to the skin securely for their specific purposes. Wear-time devices can be more intricate and have longer durations thanks to stick-to-skin adhesives' enhanced convenience and flexibility. The great thing about medical stick-to-skin adhesives in MIS is that they can shape themselves to fit the skin perfectly, ensuring a tight and safe closure. Having this in place is crucial for minimally invasive surgeries that involve sensitive body parts, like those involving the face or the abdomen (laparoscopic surgery). With the rise of improved medical stick-to-skin adhesives and the widespread use of MIS, the market is expected to experience significant growth. There will be plenty of room for growth and innovation in this quickly developing adhesive market as MIS keeps gaining popularity. Furthermore, the medical adhesive market is expected to experience expansion due to the anticipated increase in the medical implant industry.
However, the market growth is hampered by the lack of awareness criteria for the safety and health of medical stick-to-skin adhesives and the product's inability to prevent fog in environments with dramatic temperature fluctuations or high medical stick-to-skin, medical stick-to-skin adhesives also have issues in terms of safety. Adverse responses to these adhesives are uncommon, but they do happen. The improper application of the adhesives also poses the danger of skin irritation and infection. Because of these risks, doctors and patients may be reluctant to employ stick-to-skin adhesives for medical purposes. Due to the COVID-19 pandemic, which has affected the worldwide market and forced the closure of numerous factories to protect their personnel from contracting the virus, the expansion of the industry may be hindered.
Competitive Landscape
Some Major Key Players In The Medical Stick-to-Skin Adhesives Market:
- 3M Company (US)
- Scapa Healthcare (Mativ Holdings, Inc.) (UK)
- Johnson & Johnson (US)
- Avery Dennison Corporation (US)
- Smith & Nephew PLC (UK)
- Nitto Denko Corporation (Japan)
- DuPont de Nemours, Inc. (US)
- Medtronic Plc (Ireland)
- Braun Melsungen AG (Germany)
- Henkel AG & Co. KGaA (Germany)
- Gelita Medical (Germany)
- Lohmann & Rauscher (Germany)
- Advanced Medical Solutions Group plc (UK)
- Nichiban Co., Ltd. (Japan)
- Polymer Science, Inc. (US)
- Adhezion Biomedical, LLC (US)
- MBK Tape Solutions (Boyd) (US)
- Tapecon, Inc. (US)
- Chemence Medical, Inc. (US)
- Parafix (UK)
- Berry Global Inc. (US)
- DermaMed Coatings Company, LLC (US)
- Paul Hartmann AG (Germany)
- Mactac (US)
- Sekisui Kasei Co., Ltd. (Japan)
- Shurtape Technologies, LLC (US)
- Adhesives Research, Inc. (US)
- Others
Market Segmentation:
The medical stick-to-skin adhesives market is segmented based on product, material type, backing material, application, and end user. The product segment comprises acrylic, silicone, rubber, and water-based. By material type, the market is segmented into electrode, Transdermal Drug Delivery Adhesives and specialized. As per the backing material the market is segmented into Paper, Fabric, Plastic and Other Materials. The application segment consists of surgery, wound care, and ostomy seals. By end user, the market is segmented into hospital and homecare.
Based On The Product, The Acrylic Medical Stick-To-Skin Adhesives Market Segment Is A Major Contributor To The Medical Stick-To-Skin Adhesives Market.
The acrylic medical stick-to-skin adhesives market is expected to hold a major global market share in 2022. acrylics are used in various healthcare applications, from wound care and transdermal medication delivery systems to wearable medical devices. These adhesives are notable for their biocompatibility, incredible bonding properties, and long-term durability. Because they are both strong and easy to remove, acrylic adhesives are a great choice for use on delicate skin.
Specialized Segment To Witness Growth At A Rapid Rate.
The specialized industry makes up the bulk of medical stick-to-skin adhesives usage because wound dressings rely heavily on specialized adhesives, which help with things like moisture control and mild skin adherence, which in turn improve healing results and patient comfort, especially in countries like the US, Germany, China, the UK, India.
In The Region, The North American Medical Stick-To-Skin Adhesives Market Holds A Significant Revenue Share.
The North American medical stick-to-skin adhesives market is expected to record the maximum market revenue share in the near future. It can be attributed to the highly developed healthcare system, substantial public and private investment in healthcare, an ageing population, and influential figures in the area. In addition, Asia Pacific is estimated to grow rapidly in the global medical stick-to-skin adhesives market because more people need access to healthcare as the population continues to grow. Government spending on healthcare is likely to climb steadily over the projected period, which is good news for the medical adhesive market in the region.
Recent Developments:
- In October 2023, DuPont unveiled its latest product, the DuPont™ Liveo™ MG 7-9960 Soft Skin Adhesive. The high-adhesion, low-cyclic silicone soft skin adhesive (SSA) is specifically developed for advanced wound care dressings and for securely attaching medical devices to the skin for extended periods of time while ensuring easy and gentle removal.
- In Feb 2023, 3M introduced a novel medical adhesive named 3M™ Medical Tape 4578, capable of adhering to the skin for a duration of 28 days. Prior to 2022, prolonged medical adhesives were commonly utilized with a maximum duration of 14 days. Extended usage duration of gadgets and monitors resulted in decreased expenses, increased data collection for improved decision-making, and minimized patient disturbance.
Medical Stick-to-Skin Adhesives Market Report Scope
|
Report Attribute |
Specifications |
|
Market Size Value In 2022 |
USD 2.21 Bn |
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Revenue Forecast In 2031 |
USD 4.40 Bn |
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Growth Rate CAGR |
CAGR of 8.23 % from 2023 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2023 to 2031 |
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Historic Year |
2019 to 2022 |
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Forecast Year |
2023-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Product, By Backing Material, By Material Type, By Application, By End User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
3M Company (US), Scapa Healthcare (Mativ Holdings, Inc.) (UK), Johnson & Johnson (US), Avery Dennison Corporation (US), Smith & Nephew PLC (UK), Nitto Denko Corporation (Japan), DuPont de Nemours, Inc. (US), Medtronic Plc (Ireland), B. Braun Melsungen AG (Germany), Henkel AG & Co. KGaA (Germany), Gelita Medical (Germany), Lohmann & Rauscher (Germany), Advanced Medical Solutions Group plc (UK), Nichiban Co., Ltd. (Japan), Polymer Science, Inc. (US), Adhezion Biomedical, LLC (US), MBK Tape Solutions (Boyd) (US), Tapecon, Inc. (US), Chemence Medical, Inc. (US), Parafix (UK), Berry Global Inc. (US), DermaMed Coatings Company, LLC (US), Paul Hartmann AG (Germany), Mactac (US), Sekisui Kasei Co., Ltd. (Japan), Shurtape Technologies, LLC (US) and Adhesives Research, Inc. (US). |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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