The global transdermal adhesives market is expected to attain the valuation of US$ 477.3 million by 2023 and is anticipated to rise at a CAGR of 7.7% during the forecast period and is likely to hit US$ 1,002.2 million at the end of 2033. Transdermal adhesives market has been witnessing steady growth because of the rise in demand for non-invasive drug delivery systems. Medical patches deliver drugs through skin, an alternative that is convenient in addition to being a medication substitute for mouth intake and injectables. Adhesives are crucial in maintaining the position of the patch on the skin and therefore the consistency with which the drug delivery happens over time.

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Market drivers: the growth of chronic conditions, such as diabetes, cardiovascular diseases, and pain management, whereby transdermal drug delivery is effective.

The following factors add further support to this growth: advancements in adhesive technology increase the durability and comfort of a patch, reducing irritation to the skin thereby increasing patient compliance. More importantly, innovations in bio-compatible materials and more advanced sophisticated adhesives that enable extended wear without degrading the skin barrier are key drivers to fuel market expansion.

Large multinationals such as 3M and Johnson & Johnson are relying heavily on research and development to make even more effective and comfortable adhesives. In addition, personalized medicine will also open up further avenues in the market for transdermal adhesives. Customizable patches and dosages for individual requirements by the patient is promising as a niche.

Key Companies Profiled

• 3M
• Adhesives Research, Inc.
• Adhex Technologies
• DuPont
• Elkem
• Henkel
• Lohmann GmbH & Co. KG
• Nitto Denko Corporation

The regulatory landscape also plays a critical role. As a type of combination product -part drug, part medical device- transdermal patches need to meet strict standards regarding safety and efficacy. Manufacturers face the resultant fluctuation in the costs of raw materials such as silicone and acrylic, which commonly are used in these adhesives.

The market will advance further with continuous upward trends. An aging population, aligned with increased needs for home-based health care solutions, is driving the market. Growth in demand for advanced transdermal adhesive solutions for wearables health technologies, like continuous glucose monitors and hormone replacement therapies, also factors into this trend.

Geographically, North America has the largest share of the transdermal adhesives market, since its strong health care infrastructure provides a firm ground for new medical technologies, thereby driving demand. However, the Asia-Pacific region is expected to witness the highest CAGR, especially with the new health care investments in this region as well as the massive patient population.

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Further growth prospects for the market are developing as technology continues to advance, chronic diseases grow more prevalent, and the world shifts toward non-invasive medicine. From here on, the producers who can create stickier products that will not only stay on but last longer and work better will continue to take an ever-higher share of this advancing market.

Competitive Landscape

Key market players are collaborating with various end-users to sell their products directly to them. Additionally, capacity expansion and strengthening global footprints through collaboration or acquisition drive the growth of the market and present attractive opportunities for the manufacturers.

For instance: In 2021, Nitto Denko introduced a new series of high-performance adhesive tapes for transdermal patches that provide superior adhesion, flexibility, and durability.

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