Wearable Adhesive Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)
The wearable adhesive market was valued at USD 294.21 million in 2020 and is expected to reach USD 617.43 million by 2026, at a CAGR of 13.15% over the forecast period 2021 - 2026. With the advent of wireless mobile technology in wearable sensors, healthcare professionals are able to remotely monitor a patient’s biometric data, such as blood pressure, heart rate, and blood glucose level.
Key HighlightsThe wearable adhesive market is highly competitive in nature. The market appears to be consolidated owing to the fact that few players in the market currently occupies the maximum share in the market. Major players in the market are adopting strategies like product innovation etc. Some of the major players in the market are Koninklijke Philips N.V., Proteus Digital Health, Kenzen, Inc, Lief Therapeutics among others.
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