Market Size of Wearable Adhesive Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 13.15 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Wearable Adhesive Market Analysis
The wearable adhesive market was valued at USD 294.21 million in 2020 and is expected to reach USD 617.43 million by 2026, at a CAGR of 13.15% over the forecast period 2021 - 2026. With the advent of wireless mobile technology in wearable sensors, healthcare professionals are able to remotely monitor a patient's biometric data, such as blood pressure, heart rate, and blood glucose level.
- In recent years, developers of adhesives, trying to attach wearable devices to the skin have faced many types of physical, and design challenges. In order to work properly, these devices have to be properly stuck to the body, necessitating the design and development of new adhesives.
- Wearable products are used as handheld monitoring tools and have applications in identification and monitoring of diseases. Owing to the growth in chronic diseases, more patients are opting for home healthcare as it is cost-effective and an efficient way of treatment, rather than hospital services, which is expected to drive the wearables demand.
- However, developing adhesives for wearable applications is not an easy task. Designers can create effective products only by analyzing the skin type and age of the target patient population and by understanding the physical properties of the wearable devices.
