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$3.7B Market by 2029: Medical Adhesives' 7.5% CAGR Forecast

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Nicole Green

According to recent Medical Stick-to-Skin Adhesives Market trends, the market is expected to reach USD 3.7 billion by 2029, up from USD 2.4 billion in 2023, with a CAGR of 7.5%. These adhesives are widely used in medical settings for their robust adhesion, flexibility, and water resistance, especially in wound care and wearable medical devices.

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Expanding healthcare infrastructure in emerging markets, expansion of home healthcare services and increasing adoption of telemedicine and remote patient monitoring will provide opportunities for the global medical stick-to-skin adhesives market growth.

Based on product, the medical stick-to-skin adhesives market is broadly classified into acrylic-based, silicone-based, rubber-based, water-based and other products. In 2022, the acrylic-based segment accounted for the largest share of the medical stick-to-skin adhesives market. The large share of this segment can mainly be attributed to the increasing prevalence of chronic wounds, the rising demand for wearable medical devices, and the expanding geriatric population. Furthermore, acrylic adhesives exhibit exceptional adhesion to the skin, ensuring that dressings and medical devices remain firmly in place, even during movement or under moist conditions.

Based on the backing material, the market is segmented into paper, fabric, plastic, and other materials. In 2022, the paper segment accounted for the largest share of the medical stick-to-skin adhesives market. Driving factors for the adoption of paper-backed adhesives include the emphasis on patient comfort and minimization of skin irritation. The breathability and ease of removal of paper-backed dressings contribute to a positive patient experience. Additionally, the eco-friendly nature of paper as a biodegradable material aligns with the growing trend towards sustainable and environmentally conscious healthcare practices.

Based on the type, the market is segmented into electrode adhesives, transdermal drug delivery adhesives and specialized adhesives. Electrode adhesives, crucial for diagnostic monitoring like electrocardiograms (ECGs), typically consist of a backing material coated with a conductive gel and a medical-grade adhesive to ensure optimal skin contact. Driving factors for electrode adhesive adoption include the increasing need for non-invasive physiological monitoring and the rising popularity of wearable health technologies.

Based on the application, the market is segmented into surgery, wound dressing, ostomy seals and other applications. In 2022, the surgery segment accounted for the largest share of the medical stick-to-skin adhesives market. The large share of this segment can be attributed to the desire for improved patient comfort, reduced scarring, and enhanced wound healing outcomes. Adhesive solutions for surgery contribute to infection prevention, quicker healing times, and a more cosmetically favorable result compared to traditional closure methods.

Based on the end user, the market is segmented into hospitals & clinics, home care settings, and other end users. In 2022, the hospitals & clinics segment accounted for the largest share of the medical stick-to-skin adhesives market. The large share of this segment can be attributed to the increasing emphasis on patient comfort and satisfaction, as these adhesives are integral for wound care, IV and catheter securement, and various diagnostic applications.

Based on region, the medical stick-to-skin adhesives market is further divided into North America, Europe, Asia Pacific, Latin America, and Middle East & and Africa. In 2022, North America accounted for the largest share. The presence of high-quality resources for research and clinical studies and the presence of medical stick-to-skin adhesives manufacturers in this region have also influenced regional growth. However, the APAC market is witnessing large growth due to a rise in research and development activities, manufacturing companies making medical stick-to-skin adhesives, and growth in the medical device industries.

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Prominent players in the medical stick-to-skin adhesives instruments market include 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), and Henkel AG & Co. KGaA (Germany). Inorganic and organic strategies adopted by them, such as acquisitions, mergers, etc., are strengthening their market position.

Sources:

https://www.marketsandmarkets.com/ResearchInsight/medical-stick-to-skin-adhesives-market-size-share.asp

https://www.prnewswire.com/news-releases/medical-stick-to-skin-adhesives-market-worth-3-7-billion--marketsandmarkets-302005901.html

https://www.marketsandmarkets.com/PressReleases/medical-stick-to-skin-adhesives.asp

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