Hydrogel Market In-Depth Analysis Through 2018 To 2023: Business Opportunity And Leading Industry Key Players | Johnson & Johnson Private Ltd., Cardinal Health, The Cooper Companies, Inc., Dow Corning Corporation, H.B. Fuller Company, BSN medical

Industry News:

In May 2018, Ambu acquired Invendo Medical GmbH which is a leading developer of sterile single-use high-definition endoscopy products in gastrointestinal and gastroenterology surgery fields.

Market Overview:

The Global Hydrogel Market has been driven by its growing production in agriculture, contact lenses, personal hygiene and health care products. Moreover, it is estimated that the health care and hygiene segment is set to witness the highest growth in the market due to increasing consumption of hydrogels in different products such as perfumes, baby diapers, and others.

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A three dimensional network structure which is capable of holding water to a large extent due to its hydrophilic properties is called a hydrogel. Sodium polyacrylate, polyvinyl alcohol, acrylate polymers, and copolymers are the different ingredients used in manufacturing the product. It is mainly known for excellent viscoelastic, lubricious, multifunctional and permeable properties. It is used to provide the flexibility, comfort and biocompatibility nature in the product.

Major Key Players:

The Top Players operating in the Hydrogel Market are:

• Johnson & Johnson Pvt. Ltd. (U.S.A),
• Cardinal Health (U.S.A),
• The Cooper Companies, Inc. (U.S.A),
• Dow Corning Corporation (U.S.A),
• R&D Medical Products Inc. (U.S.A),
• H.B. Fuller Company (U.S.A),
• Alliqua BioMedical, Inc. (U.S.A),
• Axelgaard Manufacturing Co. Ltd. (U.S.A),
• BSN medical (Germany)

Market Segmentation:

The Global Hydrogel Market is categorized on the basis of Type, Composition, Form, and Application:

On The Basis Of Type-
• Natural,
• Synthetic,
• Hybrid

On The Basis Of Composition-
• Polyacrylate,
• Polyacrylamide,
• Silicon

On The Basis Of Form-
• Amorphous,
• Semi Crystalline,
• Crystalline

On The Basis Of Application-
• Agriculture,
• Health Care and Hygiene,
• Contact Lenses,
• Drug Delivery Systems,
• Tissue Engineering

Regional Analysis:

Geographically, Hydrogel Market is segmented across Five Regions in the world namely:

• Asia Pacific,
• North America,
• Europe,
• Latin America,
• Middle East & Africa.

Among these, North America holds a major share of the global market and is expected to continue its dominance due to rising demand for hydrogels in various applications. Due to these factors, U.S.A, Canada and Mexico are the major players in this region. The Asia Pacific region is predicted to witness a higher CAGR in countries such as China, India and Japan owing to growing demand for hydrogels in healthcare and hygiene, drug delivery systems and tissue engineering applications.

A rapid development is observed in the European region owing to the growing consumption of hydrogels in paper towels, baby diapers, and others. Moreover, it is projected that the tissue engineering segment is set to grow at a rapid rate in the market due to innovation and technological advancement. Due to these factors, Germany, the U.K. and Italy are the major contributors to the hydrogels market in Europe. The Middle East & Africa, and Latin America regions are estimated to observe a significant growth in the market due to the rapid production of hydrogels in contact lenses, biotechnology.

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