The global medical stick to skin adhesives market size is expected to reach USD 4.65 billion by 2032, according to a new study by Polaris Market Research. The report “Medical Stick to Skin Adhesives Market Share, Size, Trends, Industry Analysis Report, By Product (Acrylic-Based, Silicone-Based, Rubber-Based, Hydrogel-based, Others); By Backing Material; By Material Type; By Application; By End User; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Medical stick-to-skin adhesives are witnessing rapid growth in the pharmaceutical industry due to the increased utilization of soft-skin adhesives in personal care and the medical field. These are highly convenient to use at the time of small injuries, making them a widely used item in first aid kits. In addition, they are used in the application of glucose monitoring devices, pulse oximeters, ostomy seals, sanitary products, sport tapes, and more.
The increasing innovations in the world by key market players are expanding the potential utility of medical stick to skin adhesives. For instance, in December 2023, DermaMed Coatings unveiled its latex-free rubber-based medical adhesive, DM-2065, for numerous medical device applications, primarily pulse oximeter sensors.
Furthermore, the rise in the prevalence of chronic wound disease is expected to continue the demand for stick-to-skin adhesives in the marketplace. According to the 2022 study, the incidence of venous ulcers, active or healed, constitutes 1% of the U.S. population, while pressure sores take place around 0.75%. Among the 30+ million diabetic patients, around one million witness foot ulcers annually.
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Medical adhesives are utilized in wound care as adhesive bandages in wound dressings and in surgical procedures as medical tapes in incision closures. The surgical procedures in the pharmaceutical industry are creating a potential demand for stick-to-skin adhesives. Based on the Advanced Medical Solutions annual interim report for 2023, the companies surgical and wound care segments registered an increase in revenue of 10% and 6%, respectively, at reported currency. This is demonstrating the significant growth and demand for market.
Medical Stick to Skin Adhesives Market Report Highlights
Polaris Market Research has segmented the medical stick to skin adhesives market report based on product, backing material, material type, application, end user and region:
Medical Stick to Skin Adhesives, Product Outlook (Revenue - USD Billion, 2019 - 2032)
Medical Stick to Skin Adhesives, Backing Material Outlook (Revenue - USD Billion, 2019 - 2032)
Medical Stick to Skin Adhesives, Material Type Outlook (Revenue - USD Billion, 2019 - 2032)
Medical Stick to Skin Adhesives, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Medical Stick to Skin Adhesives, End User Outlook (Revenue - USD Billion, 2019 - 2032)
Medical Stick to Skin Adhesives, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
Report Attributes |
Details |
Market size value in 2024 |
USD 2.62 billion |
Revenue forecast in 2032 |
USD 4.65 billion |
CAGR |
7.5% from 2024 – 2032 |
Base year |
2023 |
Historical data |
2019 – 2022 |
Forecast period |
2024 – 2032 |
Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
Segments covered |
By Product, By Backing Material, By Material Type, By Application, By End User, By Region |
Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
Customization |
Report customization as per your requirements with respect to countries, region and segmentation. |
For Specific Research Requirements |