Global Adhesives for Wearable Medical Device Market Size, Status and Forecast 2020-2026

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.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Adhesives for Wearable Medical Device market in 2020.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
This report also analyses the impact of Coronavirus COVID-19 on the Adhesives for Wearable Medical Device industry.
Based on our recent survey, we have several different scenarios about the Adhesives for Wearable Medical Device YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 297.8 million in 2019. The market size of Adhesives for Wearable Medical Device will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.
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.
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. For this version of the report, the segmental analysis focuses on revenue and forecast by each application segment in terms of revenue and forecast by each type segment in terms of revenue for the period 2015-2026.
Regional and Country-level Analysis
The report offers an exhaustive geographical analysis of the global Adhesives for Wearable Medical Device market, covering important regions, viz, North America and Europe.. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of revenue for the period 2015-2026.
Competition Analysis
In the competitive analysis section of the report, leading as well as prominent players of the global Adhesives for Wearable Medical Device market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.
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.
The following players are covered in this report:
3M
Dow
Scapa Group
H.B. Fuller
Adhesives Research
Henkel
Vancive Medical Technologies
Lohmann
Elkem Silicones
Polymer Science, Inc.
Adhezion Biomedical
Adhesives for Wearable Medical Device Breakdown Data 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.
Adhesives for Wearable Medical Device Breakdown Data 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%.

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