Macromolecule Hydrogel Market to Witness Robust Expansion by 2023

New report published by Market Research Report Store (MRRS) which offers insights on the global Macromolecule Hydrogel market.

Hydrogel is gel-like or colloidal substances made of water and solids. Hydrogels are highly absorbent (they can contain over 90% water) natural or synthetic polymeric networks. It is widely used in medical fields, industrial fields, consumer goods etc.

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Global Macromolecule Hydrogel Market: Forecast by Type / Application / Region

Hydrogel is a network of polymer chains that are hydrophilic, sometimes found as a colloidal gel in which water is the dispersion medium. As to the hydrogel downstream application, hydrogel is widely used in medical industry, such as hydrogel dressing, DDS, implants etc. Hydrogel dressings have the unique ability to provide additional moisture to the wound. Hydrogel wound care are its largest downstream market, which shares 69.48% of the consumption in 2016.

USA is the largest sales of hydrogel in the world in the past few years and it will keep the same position in the next few years. The USA market took up about 46.82% the global market in 2016, closely by Europe 27.64%) and China is followed with the share about 11.80%. After decades of development, the European and American markets are already more mature. In the past few years, many companies and research institutes in China are studying the product. However, the Chinese market manufacturers are still very little. China's market concentration is relatively high. Acelity and ConvaTec are leaders in the US market. Smith & Nephew United and DSM are leaders in the European market. NIPRO PATCH is a leader in the Japanese market. Jiyuan and Guojia are leaders in the Chinese market.

Acelity, ConvaTec, Smith＆Nephew United, DSM and Covidien are the key producers in the global hydrogel market. Top five companies took up about 39% of the global production in 2016. Acelity is the leading producer over the world with the total local share of about 10.35% in 2016. For most leading companies, these companies' hydrogels products are often used as downstream products. These companies produce downstream hydrogel ointment and dressings. DSM is the global leader in silicon hydrogels. DSM products are used to contact lenses.

Over the next five years, LPI(LP Information) projects that Macromolecule Hydrogel will register a 3.4% CAGR in terms of revenue, reach US$ 520 million by 2023, from US$ 430 million in 2017.

Global Macromolecule Hydrogel Market: Key Players
Acelity
ConvaTec
Smith＆Nephew United
DSM
Covidien
Molnlycke Health Care
Hollister Incorporated
Axelgaard
Coloplast
Paul Hartmann
Ashland
3M
Derma Sciences
NIPRO PATCH
Ocular Therapeutix
Medico Electrodes International
Jiyuan
Guojia
Huayang

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Related Information:
United States Macromolecule Hydrogel Market Research Report 2018
Europe Macromolecule Hydrogel Market Research Report 2018
North America Macromolecule Hydrogel Market Research Report 2018
Asia-Pacific Macromolecule Hydrogel Market Research Report 2018
China Macromolecule Hydrogel Market Research Report 2018
EMEA Macromolecule Hydrogel Market Research Report 2018
Global Macromolecule Hydrogel Market Research Report 2018

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