Wearable Adhesive Market Outlook with Expected 13.12% CAGR 2018-2023 | Global key Players - Proteus Digital Health, Kenzen, Koninklijke Philips N.V., MC10, Medtronic

Marketprognosis.com Publish a New Market Research Report On “Global Wearable Adhesive Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Wearable Adhesive Market:

The report spread across 105 pages is an overview of the Global Wearable Adhesive Market. These report study based on the Wearable Adhesive Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.

The Global Wearable Adhesive Market is expected to register a CAGR of 13.12% during the period 2018 - 2023. The report discusses the various type products and their applications. While the regions considered in the scope of the report include North America, Europe, and various others. The study also emphasizes on how the advancements in the adhesive industry is changing the market scenario.

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In recent years, developers of adhesives used to attach wearable devices to the skin have faced a host of demographic, physical, and design challenges. In order to work, wearables have to be stuck to the body, necessitating the design and development of new adhesives. However, developing adhesives for wearable applications can be a difficult task. Designers can formulate 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. Moreover, it has been observed that while designing a wearable, most companies use adhesives that are already familiar to the regulatory bodies. Some of the standard materials, which are used as adhesives are acrylics, silicone, or polyurethane adhesive chemistries.

Wearable products are used as handheld monitoring tools and have applications in identification and monitoring of disease. Owing to the growth in chronic diseases, patients are opting home healthcare as a cost-effective and efficient way of treatment, rather than hospital services, which is expected to drive the wearables demand. Moreover, by applying wireless mobile technology in wearable sensors, healthcare professionals can remotely monitor a patient’s biometric data, such as blood pressure, heart rate, and blood glucose level. That can be used to provide immediate diagnosis and feedback regarding treatment. Also, the growing demand for medical wearables had led to developments in the wearable adhesive market. For instance, adhesives manufacturers have developed vapor-transmission adhesive products ranging from acrylic adhesives to single or double-sided tapes.

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Growing use of fitness tracking apps, rising demand for wireless and continuous health monitoring devices, increase in disposable income, and raising awareness about obesity are some of the factors driving the demand for wearables in sports and fitness applications. Moreover, a climb in product launches and integration and cross-compatibility of personal health and personal assistance are some of the key trends observed. Also, an increasing sense of health consciousness is driving the demand for these products. Further, the integration of wearable’s and mobile apps for data extraction has increased the demand in fitness enthusiasts.

Major Key Players:

1 Proteus Digital Health

2 Kenzen, Inc

3 Koninklijke Philips N.V.

4 Lief Therapeutics

5 MC10 Inc.

6 Medtronic

7 VitalConnect

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Wearable Adhesive Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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