The content of this report will be updated with the latest scenarios based on the global COVID-19 Pandemic
The global hydrogel market is projected to evolve at a CAGR of 5.88% during the forecast period, 2019-2028. The surging chronic conditions, increasing demand for synthetic hydrogels for research, a vast range of applications, and the thriving personal care & hygiene sector, are influencing the market growth.
The hydrogel is associated with three-dimensional polymeric structures that can retain substantial amounts of water. They are of plant and animal origin. They can also be made through natural modification of occurring structures or synthetic polymeric materials. Synthetic hydrogel has been widely researched for the last four decades. It remains to this date an active area of research. Biomedical research witnessed rapid advancement in the past years. The aim has been to replace body tissues with synthetic natural biomaterials. The applications of synthetic hydrogels include, catheters, IUDs, sensors, sutures, electrophoresis cells, etc. There intelligent polymeric hydrogels are also being researched. There have been efforts to dominate over the present hydrogel systems with regard to response to the environment, biocompatibility, mechanical strength, and economy. There has also been a shift in the curing methods of hydrogels polymers. The weak external environment response of hydrogels acts as a restriction to market growth. The elastic and response properties of hydrogels change in accordance with the environmental conditions. The lack of awareness of hydrogels is another factor that hinders the market growth.
The global hydrogel market is geographically divided into Asia Pacific, Europe, North America, and the rest of the world. The Asia Pacific region is set to be prominent by 2028, both in terms of market share and CAGR. This is attributed to its several applications and advantages, along with increasing research in healthcare and agricultural sectors.
The companies engaged in hydrogel production are small- to medium-scale organizations. Some of the leading companies in the market are Cardinal Health, Procyon Corporation, Paul Hartman, Medline Industries Inc, Essity, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments