Skin Adhesives Market: Global Size, Share, Trends, Growth and Forecast, 2022-2032
Skin Adhesives Market: Overview and Definition
Skin adhesives, also known as medical adhesives, are products used to bond skin together. They are used in various medical procedures, such as wound closure, incision closure, and medical device attachment. Skin adhesives are designed to create a strong, flexible bond that is safe and easy to use. They come in a variety of forms, including liquids, films, and patches. Skin adhesives are becoming increasingly popular in medical settings because they offer a number of advantages over traditional wound closure methods, such as sutures and staples. They are painless, require no anesthesia, and leave minimal scarring. Skin adhesives are also beneficial in reducing the risk of infection and providing a barrier to prevent the entry of bacteria. They are typically made from medical-grade cyanoacrylate, a type of adhesive that is non-toxic and biocompatible. Skin adhesives are used in a variety of medical specialties, including emergency medicine, plastic surgery, and dermatology.
Quick functional speed related to skin adhesive over traditional wound ceasing methods such as stitches is expected to drive the global market. Moreover, recent trends show global market players are adopting better quality, cost-effective solutions with low maintenance and easy handling facilities to gain a cutting edge advantage over existing competitors in the industry. Raising technological innovation have led the development of eco-friendly and biocompatible adhesives for surgical application. Furthermore, raising concerns over skin-related problems will further boost opportunities that will increase the skin adhesive market's growth.
Skin care adhesives ensures safe boding of dressing to skin to promote rapid healing and gives pain-free removal without affecting or damaging skin. Moreover, wound care producers uses silicone-based ingredients and formulations to develop skin-friendly adhesives for surgical tapes, dressings and bandages. These skin adhesives are used to alleviate pain and prevent exacerbation of prevailing wounds and creation of new wounds. Furthermore, they are also used for attachable and wearable medical devices and transdermal patches, as it is responsible and provide great comfort.
Increase in use of wound care dressing, wearable medical devices and drug delivery devices among consumers is the factor that boost the growth of the skin adhesives market. Rise in home healthcare demand and increase in healthcare outsourcing trend further increases the market growth. However, changing prices of raw materials like silicone and strict government regulation related to the formulation of this adhesives further restricts the market's growth. Increase in demand for adhesives from emerging economies due to increased population growth, raise in consumer awareness about the importance of utilizing skin-friendly adhesives, and increase in disposable income is estimated to provide lucrative growth opportunities for the market.
According to the World Health Organization (WHO), the global population suffers from an unhealthy lifestyle. According to WHO, cardiovascular diseases are directly connected to an unhealthy lifestyle. As a result, there is an increase in the number of people that are afflicted with cardiovascular diseases. Moreover, the application of the product in internal medical application like heart surgeries are raising. For example, fibrin-related adhesives act as a key bonding agent with a hemostatic effect and are witnessing rapid heart surgery growth.
Moreover, the increasing global elderly population is a critical factor which is supplementing the market growth. According to the United Nations, the global population aged 60 years or more was estimated at 962 million in 2017. According to the United Nations estimation, the number of older age person is estimated to double by 2050 and projected to reach 2.1 billion. The elder population is more prone to diversified diseases than the younger population which is expected to create a great market platform over the upcoming years.
Skin Adhesives Market: Growth Drivers
Increasing demand for non-invasive wound closure: Skin adhesives provide a non-invasive alternative to traditional wound closure methods like sutures and staples. As patients seek less invasive treatment options, demand for skin adhesives is likely to increase.
Advancements in medical adhesives technology: Medical adhesive technology is evolving, with the development of new and improved skin adhesive formulations that offer better adhesion and more flexible bonding. These advancements are expected to increase demand for skin adhesives in the medical industry.
Growing prevalence of chronic diseases: Chronic diseases like diabetes, cardiovascular diseases, and cancer often lead to chronic wounds that require regular dressing changes. Skin adhesives are used in the management of chronic wounds, which are becoming more common due to the growing prevalence of chronic diseases.
Rising adoption of cosmetic procedures: Skin adhesives are also used in cosmetic procedures, where they provide a non-invasive alternative to traditional sutures. As the demand for cosmetic procedures increases, the demand for skin adhesives is also expected to rise.
Increasing demand for portable medical devices: Portable medical devices, such as continuous glucose monitoring systems and wearable medical sensors, require skin adhesives to securely attach to the skin. As the demand for portable medical devices increases, so too is the demand for skin adhesives.
Skin Adhesives Market: Challenges
Skin Sensitivity and Irritation: One of the biggest challenges for skin adhesives is skin sensitivity and irritation, which can lead to adverse reactions such as redness, itching, and rash. This is a major concern for medical applications of skin adhesives.
Adhesion Strength: Skin adhesives must strike a balance between being strong enough to stay in place, but not so strong that they damage the skin when removed. Achieving the right level of adhesion strength is a challenge.
Compatibility with Different Skin Types: Different people have different skin types, and skin adhesives may not work well for everyone. The challenge is to develop products that work well with a variety of skin types.
Moisture and Sweat Resistance: Many skin adhesives are not designed to be water-resistant, which can limit their use in certain applications. Sweat and moisture can also compromise the adhesion of some products.
Regulatory Compliance: Skin adhesives are classified as medical devices, and manufacturers must comply with a variety of regulations and standards. Compliance can be a challenge for small and new players in the market.
Competition: The skin adhesive market is highly competitive, with many established players and new entrants constantly entering the market. Companies must continually innovate and differentiate their products to remain competitive.
North America market holds the major share in the year 2019 and it expected to retain its dominant during the forecast period. Raising patient awareness related to wound infection and skin diseases and raising geriatric population is boosting the growth of skin adhesive market in this region. Moreover, the shift of market players towards advanced wound dressing is the major trend in this region.
Skin Adhesives Market: Segmentation
By technology analysis, the skin adhesives market is segmented into water based, solvent based, hot melt and reactive and others. Hot melt segment holds the major market share as it does not need drying or solvent based technology and possess excellent adhesion properties. The flexibility provided by hot melts to attach on both rough and smooth surfaces is crucial in facilitating the faster growth of this segment. In addition, the hot melts are eco-friendly, solvent-free and have rapid setting speed. Moreover, hot melts are preferred over water-based products to maintain strong adhesion over wet skin.
By application, the skin adhesives market is divided into dental, medical device & equipment, internal medical application and external medical application. In medical equipment and devices, adhesives are used for anesthesia-mask bonding, molding, hearing-aid, polycarbonate component assembly. The strong thermal and chemical resistance, high gap filling, low shrinkage, rapid cure, substrate versatility are the crucial factors that drives the growth in medical device and equipment.
Key Companies Profiled
The global skin adhesives market is characterized by the presence of various small and big players. The major market player includes Baxter International, Adhesive Research Inc., Avery Dennison Corporation, Bluestar Silicons France SAS, Dow Corning Corporation, Henkel AG & Co. KGaA, Lohmann Group, Nitto Denko Corporation, Scapa Group Plc and Tesa Group. As the market is competitive, the players indulge in raising their competitive share through strategic initiatives like mergers, new products and acquisitions.
Skin Adhesives Market: Recent Developments
Advancements in Technology: The development of new technologies, such as silicone-based skin adhesives, has improved the adhesion strength, wear time, and comfort of skin adhesives.
Growing Demand for Wearable Medical Devices: With the increasing trend of wearable medical devices, such as continuous glucose monitoring devices and wearable sensors, the demand for skin adhesives has increased.
Mergers and Acquisitions: Several major players in the market have acquired or merged with other companies to expand their product portfolio and geographical presence. For example, 3M acquired Acelity, a wound care and surgical solutions company, in 2019.
Launch of New Products: Several companies have launched new skin adhesive products in the market, such as Medline's silicone foam border dressing, which provides gentle adhesion and easy removal, and Avery Dennison's ultra-thin medical tape, which is designed for long-term wear and breathability.
Focus on Sustainability: The skin adhesive market has also seen a growing focus on sustainability, with companies investing in eco-friendly product development and packaging.