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Hydrogel Market Top Winning Companies : 3M Company, Smith & Nephew plc, ConvaTec, Alliqua Biomedical, Johnson & Johnson, Procyon Corp and Others

01-15-2019 06:48 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

Hydrogel Market

Hydrogel Market

Global Hydrogel Market is expected to garner $ 27.2 billion by 2022, registering a CAGR of 6.3% during the forecast period 2016-2022. Hydrogel is a water-insoluble polymer chain network that can retain high water content within its structure (about 90% water in the gel base). Hydrogels are used in hygiene products such as baby diapers, sanitary pads, adult incontinence pads, and soft contact lenses.

The key players profiled in this report include 3M Company, Smith & Nephew plc, ConvaTec, Inc., Alliqua Biomedical, Inc., Johnson & Johnson, Procyon Corp, BSN Medical GmbH, HB Fuller Company, Altergon Italia, AMBU, and The Cooper Companies.

Get Sample PDF Brochure of Hydrogel Market Study at : https://www.alliedmarketresearch.com/request-sample/1399

The world hydrogel market has been segmented based on five categories namely, raw material type, composition, form, product, and end user. Based on the type of raw material used, the market is categorized into synthetic, natural, and hybrid hydrogels. Based on composition, the market is segmented into five segments namely, polyacrylate, polyacrylamide, silicone-modified hydrogels, agar-based, and others. Based on form in which hydrogel is used, the market is segmented into amorphous hydrogels and semi-crystalline hydrogels. The hydrogel market has been segmented into four product categories, which include semi-crystalline buttons, amorphous gels, impregnated gauze, films & matrices, and hydrogel sheets. Based on end users, the market is segmented into contact lenses, hygiene products, wound care, drug delivery, tissue engineering, and others.

In addition, they are increasingly used in wound care dressings for cleansing and debriding necrotic tissues in wounds. They are also used during the treatment of partial or thick wounds, necrotic wounds, burns, and autolytic debridement. This is attributed to the increasing adoption of hydrogel products for various applications, associated benefits of hydrogel over conventional substitutes, growing product-focused R&D activities by market players, and rising demand for hydrogel-based products in the emerging countries.

Hydrogel products have been tested to show proven benefits such as improved water retention ability, controlled release, and preservation of stored components. These features have fostered their use as a preferred material for manufacturing hygiene products such as diapers, soft contact lenses, drug delivery patches, and wound care products. These products are widely used in, which would eventually drive the demand for hydrogel market during the forecast period. However, high production cost and potential environmental hazards associated with decomposition of synthetic hydrogels are the major restraining factors of the market.

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Product-focused R&D is the key strategy adopted by market players to expand their hydrogel product portfolio. The customizable properties of hydrogel in products has stimulated extensive investments for development of new products. In line with this strategy, CooperVision, Inc. announced to launch Biofinity XR contact lens brandin 2015. Similarly, ConvaTec launched its product AQUACEL, a sterile dressing used to cover acute and chronic wound ulcers in 2015.

Key Benefits For Stakeholders:

• This report provides an extensive analysis of the current market trends and future estimations of the world hydrogel market.
• The world hydrogel market scenario is comprehensively analyzed in accordance to the raw material type, composition, form, product, and end users of hydrogels.
• The market estimations in this report are based on high-end analysis of the key developments for 2015 - 2022.
• Recent developments, key manufacturers, market shares, and upcoming products have been listed in this report to analyze the competitive scenario of the market.
• The scenario beyond 2022 until 2027 has been explained through contingent patterns based on moderate, rapid, and slow growth rates of the market.

Learn More at : https://www.prnewswire.com/news-releases/world-hydrogel-market-is-expected-to-reach-272-billion-by-2022-581492011.html

About us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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