Wearable Adhesive Market

Executive Summary

Wearable Adhesive Market was valued at US $429.82 million in 2021 and is projected to grow at 14.35% CAGR over the forecast period to reach US $960.97 million by 2027. Wearable Adhesive Market represented US $101.11 million opportunity over 2019-2021 and estimated to create US $531.15 million opportunity in 2027 over 2021.

Wearable Adhesive from Consainsights analyses the Wearable Adhesive Market in the Technology & Media industry over the forecast period to 2027.

Wearable Adhesive research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Wearable Adhesive segmentation includes Product, Application and Geography.

Based on the Product, the Wearable Adhesive analysis covers Wound Care, Medical Sensors.

In Product segment, Wound Care segment has highest cagr growth of 12.66%.

Based on the Application, the Wearable Adhesive analysis covers Healthcare, Sports and Fitness.

In Application segment, Healthcare segment has highest cagr growth of 12.66%.

Based on the region, the Wearable Adhesive analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include Proteus Digital Health, Kenzen, Inc, Koninklijke Philips N.V., Lief Therapeutics, MC10 Inc., Medtronic plc, Vital Connect, Inc. and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Market Overview

Definition & Scope

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.

The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.

The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.

Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.

Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.

As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

Currency, Year & Forecast

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.

For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.

For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

Product

Introduction

In 2021, Wound Care segment has the highest revenue of US $207.98 million and is expected to grow at CAGR of 12.66% by 2027 Wound Care segment has highest cagr growth of 12.66%.

Wound Care

Wound Care segment was valued at US $159.05 million in 2019 and is projected to grow at 12.66% CAGR over the forecast period to reach US $464.99 million by 2027. Wound Care segment represented US $48.92 million opportunity over 2019-2021 and estimated to create US $257.01 million opportunity in 2027 over 2021.

Medical Sensors

Medical Sensors segment was valued at US $77.50 million in 2019 and is projected to grow at 12.66% CAGR over the forecast period to reach US $226.57 million by 2027. Medical Sensors segment represented US $23.84 million opportunity over 2019-2021 and estimated to create US $125.23 million opportunity in 2027 over 2021.

Application

Introduction

In 2021, Healthcare segment has the highest revenue of US $212.54 million and is expected to grow at CAGR of 12.66% by 2027 Healthcare segment has highest cagr growth of 12.66%.

Healthcare

Healthcare segment was valued at US $162.54 million in 2019 and is projected to grow at 12.66% CAGR over the forecast period to reach US $475.19 million by 2027. Healthcare segment represented US $50.00 million opportunity over 2019-2021 and estimated to create US $262.65 million opportunity in 2027 over 2021.

Sports and Fitness

Sports and Fitness segment was valued at US $98.94 million in 2019 and is projected to grow at 12.66% CAGR over the forecast period to reach US $289.25 million by 2027. Sports and Fitness segment represented US $30.43 million opportunity over 2019-2021 and estimated to create US $159.88 million opportunity in 2027 over 2021.