Hydrogel Market

Hydrogel Market is expected to grow at a higher CAGR over the forecast period, due to the growing application of hydrogel in healthcare industry to increase shelf-life.

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Major Hydrogel Market Drivers

The major factor contributing to the hydrogel market growth is increasing application in food additives, sanitation, microfluids, and medication delivery system due to their versatility, flexibility, cost-efficiency, and biocompatibility with most cells. The growing drift towards organic and chemical-free skincare products among younger generation will add to the market growth. Increasing application of hydrogels in the pharmaceutical industry to improve the storage stability of existing medical products and in wound dressing to moisturize the wound and repair the epidermis, remove extra dead tissues, and granulate the healing process, has fueled the hydrogel market size.

In addition, the rising deployment of hydrogels in sanitary products to make thinner pads with better absorbency and suction power will further bolster the market growth. The growing demand for sanitary napkins, baby diapers, and paper towels across the globe, is contributing to the growth of the market. Other factors including accelerating infant and geriatric population, growing research and development (R&D) to create new and advanced products and technological advancements in the healthcare industry. For instance, in January 2022, Oscar Mayer, an American meat and cold cut producer entered a partnership with Seoul Mamas, a Korea-based skincare company, to introduce its new Bologna Hydrogel Sheet Face Mask. The sheet mask is integrated with seaweed and witch hazel-derived ingredients. The increasing number of similar other product launches are anticipated to bolster the growth in this market. However, environmental hazards associated with the decomposition of synthetic hydrogel and rising production costs are projected to hinder the hydrogel market share.

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Raw Material Type Segment Analysis

Synthetic raw material is forecast to emerge as the fastest growing region over the upcoming years, owing to their enlarged service life, higher gel strength, and water absorption capability. Fortunately, the well-defined structure of synthetic polymers that can be adjusted to provide degradability and flexibility of tailoring, will add to the market growth.

Application Segment Analysis

Personal Care and Hygiene application is expected to lead the market over the forecast period, due to its tissue-like physical properties, superior biocompatibility, higher water absorption, enhanced oxygen permeability, and micro-porous structure for additional transport channels. The growing emphasis of hygiene industries to make thinner pads with higher absorbency under load, and increased suction power will further proliferate the market growth. Several leading organizations like the World Health Organization, World Bank Group, and UNICEF, are emphasizing on increasing awareness about the importance of hygiene, primarily menstrual hygiene management (MHM) for women and adolescent girls., which will pave the way for market. For example, the World Bank Group launched a flagship sanitation operation under the Swachh Bharath Mission in India to spread awareness among community, including boys and men, to break the taboo around menstruation. For instance, the US personal care products market was valued at USD 80,212 million in 2021, and it is expected to reach USD 99.5 million by 2026, which is expected to stimulate the demand for the hydrogel market in the country.

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Regional Analysis

North America is expected to lead the hydrogel market over the forecast period, due to the growing demand in healthcare and consumer applications. The presence of several cosmetics, pharmaceutical, and packaging companies across Canada and the U.S. and rising demand for hydrogels in tissue engineering, biotechnology, agriculture, medicine, have bolstered the market growth. The growing emphasis of leading players on the development of innovative products will further strengthen the market growth. A leading U.S. based introduced its latest MEDAGEL ClearComfort Hydrogel Patch using company’s advanced hydrogel technology to treat and prevent foot blisters.

Asia-Pacific is estimated to hold a higher share during the upcoming years, because of the rising per-capita income, ongoing technological advancements and growing population. Rising adoption of wound dressings composed of hydrogel in India, China, Singapore, and Malaysia to fix the epidermis, offer moisture to the wound, and reduce excess granulation, as well as dead tissue during the healing process has strengthened the market growth. Increasing awareness among individuals about the hydrogel formulations features has encouraged market players to invest in research and development activities will propel the market growth.

Key Developments

• • In 2021, Seikagaku Corporation introduced HyLink, an intra-articular single-injection viscosupplement to treat knee osteoarthritis in Taiwan, through TCM Biotech International Corp. The highly viscoelastic hyaluronate hydrogel remains in the knee joint cavity for a longer time period, HyLink offers a long-lasting improvement of symptoms by an administration of only 3 mL.
  • In 2021, Axonics Modulation Technologies Inc. acquired Contura and its Bulkamid injection, an incontinence hydrogel injection to treat stress urinary incontinence, thus improving the company’s business and expanding its product portfolio.

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Key questions answered in this research report:

• • At what pace Global Hydrogel Market is growing? What will be growth trend in future?
  • What are the key drivers and restraints in the current market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenue and forecast breakdowns? Which are the major regional revenue pockets for growth in the Global Hydrogel Market?
  • What are the various type, source, application areas and how they are poised to grow?

Report Coverage	Details
Market Revenues (2020)	USD Million
Market Base Year	XX
Market Forecast Period
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Raw Material, By Composition, By Form, By Application, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Hydrogel Market by Raw Material

• • Natural
  • Synthetic
  • Hybrid

Global Hydrogel Market by Composition

• • Polyacrylate
  • Polyacrylamide
  • Silicon
  • Others

Global Hydrogel Market by Form

• • Amorphous
  • Semi-Crystalline
  • Crystalline

Global Hydrogel Market by Application

• • Personal Care & Hygiene
  • Contact Lenses
  • Biomedical
  • Tissue Engineering
  • Others

Global Hydrogel Market by Region

• • North America Global Hydrogel Market (Option 1: As a part of the free 25% customization)

    • By Raw Material
    • By Composition
    • By Form
    • By Application
    • US Market All-Up
    • Canada Market All-Up

  • Europe Global Hydrogel Market (Option 2: As a part of the free 25% customization)

    • By Raw Material
    • By Composition
    • By Form
    • By Application
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific Global Hydrogel Market (Option 3: As a part of the free 25% customization)

    • By Raw Material
    • By Composition
    • By Form
    • By Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • RoW Global Hydrogel Market (Option 4: As a part of the free 25% customization)

    • By Raw Material
    • By Composition
    • By Form
    • By Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Leading Market Players

3M

• • Johnson & Johnson
  • Conva Tech
  • The Cooper Companies
  • Sekisui Plastics

Other notable players:

• • Smith & Nephew
  • AlliquaBioMedical
  • Cardinal Health
  • Colopast
  • B Braun Melsugan
  • Dow Corning Corporation
  • Derma Sciences
  • Royal DSM
  • Others