What is the Addressable Market Opportunity for “Hydrogel”?
The global market for Hydrogel is projected to reach US$15.3 billion by 2025, driven by their growing use in wound care products and drug delivery systems (DDS).
Global Industry Analysts, Inc. (GIA) launches comprehensive analysis of industry segments, market trends, growth drivers, market share, size and demand forecasts on the global Hydrogel market. Report segmentation includes Raw Material (Natural, Synthetic, and Hybrid); Composition (Polyacrylate, Polyacrylamide, Silicon, and Other Compositions); and Application (Agriculture, Healthcare & Hygiene, Contact Lenses, Drug Delivery, Tissue Engineering, and Other Applications).
7 June 5:05 A.M., California/Marketwire/ - According to the new market research report, the global market for Hydrogel is projected to reach US$15.3 billion by 2025, driven by their growing use in wound care products and drug delivery systems (DDS). The global Hydrogel market will be reset to a new normal which going forwards in a post COVID-19 era will be continuously redefined and redesigned.
Defined as a three-dimensional (3D) hydrophilic polymer capable of holding large amounts of water, hydrogel is valuable in biological applications as they resemble natural tissue and their high water content. Strong R&D interest is already underway for hydrogel biomaterials. New developments in hydrogel design and hydrogel synthesis are resulting in the development of hydrogels with mechanical properties. Wound dressings currently remain a popular application area with hydrogel being effective for treating dry necrotic wounds and rapid healing of burn wounds. Hydrogel enables painless debridement of infected tissue and provides a moist wound environment for faster healing. New emerging uses in contact lenses and tissue engineering will also benefit growth in the market in the coming years.
Key Competitors Covered in the Report
Alliqua BioMedical Inc.
B. Braun Melsungen AG
BSN Medical GmbH
Cardinal Health Inc.
Cosmo Bio Co. Ltd.
Derma Sciences Inc.
Evonik Industries AG
Johnson & Johnson
Medline Industries Inc.
Molnlycke Health Care
Momentive Performance Materials Inc.
MPM Medical LLC
Ocular Therapeutix Inc.
Paul Hartmann AG
Royal DSM NV
Smith & Nephew PLC
Geographies Analyzed in the Report
Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe)
Asia-Pacific (Australia, India, South Korea, and Rest of Asia-Pacific)
Latin America (Argentina, Brazil, Mexico, and Rest of Latin America)
Middle East (Iran, Israel, Saudi Arabia, United Arab Emirates, and Rest of Middle East)
This latest edition of the research study is conducted and published by Global Industry Analysts, Inc., in close collaboration with senior executives in the industry driving strategy, business development, marketing, sales, product management, technology and operations. All analysis and findings published in the report are based on validated engagements from a total executive pool size of 13911. Among this pool, 1669 direct interactions with domain experts were carried out via our proprietary market research platform, MarketGlass. Among the 417 unique participations, a total of 188 validated responses were received as part of this report's primary research outreach program.We are unique in the industry to provide our clients with the validated list executive engagements and the complete project data stack.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) (www.strategyr.com) is the world's only influencer driven AI powered market research company. Serving more than 41,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for 33 years, offering the widest coverage of topics, geographic markets, competitive brands, and companies profiled.
Director, Corporate Communications
Global Industry Analysts, Inc.