Medical Stick-to-Skin Adhesives Market 2023 - Industry Demand, Growth Opportunities, Future Trends, Key Players, and Forecast to 2032

The global Medical
Stick-to-Skin Adhesives market was valued at USD 2.04 Billion in 2022 and
growing at a CAGR of 7.67% from 2023 to 2032. The market is expected to reach
USD 4.27 Billion by 2032. Wearable stick-to-skin devices are offering doctors
the freedom of time and location independence. These devices help healthcare
providers get crucial patient information; based on that, appropriate action
can be taken anywhere. It also gives freedom to patients as they don't have to
spend hours travelling to clinics and hospitals. Advancements in wearable
devices have changed the healthcare sector. For instance, a diabetic patient
can easily monitor their glucose level using the continuous monitoring system,
a non-invasive on-body device that does not hinder the patient's daily routine.
Individuals are also trying to quit the smoke slowly using die-cut transdermal
patches, which deliver a certain amount of nicotine into the bloodstream
through the skin. All these factors are eventually driving the growth of the
medical stick-to-skin adhesives market.

As of my last knowledge update in January 2023, the
market for medical stick-to-skin adhesives, also known as skin adhesives or
medical adhesives, was experiencing growth, driven by various factors such as advancements
in medical technology, increasing healthcare awareness, and a growing aging
population. These adhesives are commonly used in the medical field for
applications like wound care, wearable medical devices, and transdermal drug
delivery systems.

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Some of the Key Market Players:

• Ocular
  Therapeutix, Inc.


• Panacol-elosol
  GmbH


• Mativ
  Holdings, Inc.


• LINTEC
  Company


• Ashland
  Inc.


• Avery
  Dennison Corporation


• Baxter
  International Inc.


• Chemence
  Medical Inc.


• Advanced
  Medical Solutions Group Plc


• Cryolife,
  Inc.


• DuPont
  de Nemours, Inc.


• Dymax
  Corporation


• 3M
  Company


• Glaxosmithkline
  PLC


• H.B.
  Fuller Company


• Heartland
  Adhesives, LLC


• Henkel
  AG & Co. KGaA

Key factors influencing the medical stick-to-skin
adhesives market include:

1.    Wound Care
Applications:

o   Medical
adhesives play a crucial role in wound care, providing secure and comfortable
closure of wounds while promoting healing.

2.    Wearable
Medical Devices:

o   The rise of
wearable medical devices, such as continuous glucose monitors, ECG monitors,
and patches for drug delivery, contributes to the demand for skin-friendly
adhesives.

3.    Transdermal
Drug Delivery Systems:

o   Skin
adhesives are essential components of transdermal drug delivery systems,
allowing controlled and continuous drug release through the skin.

4.    Advancements
in Material Technology:

o   Ongoing
research and development in material science lead to the introduction of
advanced adhesives that offer improved properties such as breathability,
flexibility, and hypoallergenic characteristics.

5.    Increasing
Geriatric Population:

o   The growing
elderly population often requires medical interventions and monitoring, leading
to an increased demand for skin-friendly adhesives in the healthcare sector.

6.    Patient
Comfort and Compliance:

o   Adhesives
that are comfortable, hypoallergenic, and easy to apply contribute to better
patient compliance and overall satisfaction.

7.    Regulatory
Compliance:

o   Adhering to
regulatory standards and safety guidelines is crucial in the medical field,
influencing the choice of adhesive materials used in medical applications.

8.    Market Competition:

o   Competing
manufacturers and suppliers drive innovation and may lead to the introduction
of new products with enhanced features.

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It's important to note that the medical industry is
dynamic, and market conditions may have changed since my last update. For the
latest and most accurate information on the medical stick-to-skin adhesives
market, including recent developments, market trends, and growth projections,
it is advisable to refer to industry reports, market analyses, and updates from
reputable sources within the healthcare and medical technology sectors.