The Latin America, Middle East and Africa Medical Stick-to-Skin Adhesives Market would witness market growth of 9.6% CAGR during the forecast period (2023-2030).
Athletes and sports medicine practitioners use stick-to-skin adhesives for attaching monitoring devices that track performance metrics, such as muscle activity and vital signs. These adhesives are suited for the dynamic movements involved in sports because of their flexibility and durability. Stick-to-skin adhesives are employed in electrocardiogram (ECG) monitoring applications, allowing for the secure attachment of electrodes to the patient's skin. This is crucial for obtaining accurate and continuous electrocardiographic data, particularly when prolonged monitoring is required, such as in cardiology units and during Holter monitoring.
With the increasing prevalence of telehealth and home healthcare, stick-to-skin adhesives are becoming integral to remote patient monitoring. These adhesives enable the secure attachment of monitoring devices, allowing healthcare providers to track patients' health conditions and intervene when necessary. There is a growing trend toward customization of stick-to-skin adhesives to cater to specific patient needs. Adhesives that accommodate different skin types, sensitivities, and medical conditions are becoming more prevalent. This customization enhances performance and patient comfort, reflecting the broader move toward personalized medicine.
As per the National Library of Medicine, the Middle East has a high rate of cardiovascular disease (10.1%). In this region, the prevalence of dyslipidemia (43.3%) is double that of hypertension (26.2%) and diabetes mellitus (16%). The Middle East has witnessed a rise in the incidence of cardiovascular diseases, including coronary artery disease, hypertension, and heart failure. The adoption of remote patient monitoring solutions is increasing in the Middle East, especially for individuals with chronic cardiovascular conditions. Due to these aspects, the market will expand across the LAMEA region in upcoming years.
The Brazil market dominated the LAMEA Medical Stick-to-Skin Adhesives Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $77.6 million by 2030. The Argentina market is showcasing a CAGR of 10.2% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.3% during (2023 - 2030).
Based on Type, the market is segmented into Specialized Adhesives, Electrode Adhesives, and Transdermal Drug Delivery Adhesives. Based on Backing Material, the market is segmented into Paper, Fabric, Plastic, and Others. Based on Application, the market is segmented into Surgery, Wound Dressing, Ostomy Seals, and Others. Based on End-User, the market is segmented into Hospitals & Clinics, Home Care Settings, and Others. Based on Product, the market is segmented into Acrylic-Based, Silicone-Based, Rubber-Based, Hydrogel-based, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Medical Stick-to-Skin Adhesives Market is Projected to reach USD 4 Billion by 2030, at a CAGR of 7.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, Johnson & Johnson, Avery Dennison Corporation, Smith & Nephew PLC, Nitto Denko Corporation, DuPont de Nemours, Inc., Medtronic PLC, B. Braun Melsungen AG, Henkel AG & Company, KGaA, and Lohmann & Rauscher GmbH & Co. KG
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