Hydrogel Market Size to Hit US$ 36 Billion by 2027 | Growth Overview Report (CAGR of 6.00%)

Hydrogel Market Report Overview :

According to IMARC Group's latest report, titled "Hydrogel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the market statistics. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

A Closer Look at the Hydrogel Market Size | 2022

The global hydrogel market reached a value of US$ 24.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 36 Billion by 2027, exhibiting at a CAGR of 6.00% during 2022-2027.

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Hydrogel Market Insight :

Hydrogel is a three-dimensional (3D) network of hydrophilic polymer chains composed of one or more hydrophilic polymers suspended in water which can retain and absorb large amounts of water without dissolving. It is naturally derived or synthetically produced in the form of polymer networks in gelatin or collagen. It consists of hyaluronic acid, silk fibroin, collagen, chitosan, and alginate, which assist in responding to numerous stimuli such as chemicals, light, pH, and temperature. It is versatile, flexible, eco-friendly, cost-effective, and biocompatible with most cells. As a result, hydrogel is widely utilized in biomedical settings, medication delivery systems, monitoring drug delivery, coal dewatering, sanitation, nutrition, and food additives across the globe.

Hydrogel Market Current Trends & Future Predictions :

The market is primarily driven by the rising product adoption in the pharmaceutical industry for enhancing the storage stability of existing medical products. In addition, the increasing use of hydrogel due to its several benefits, such as good oxygen permeability, superior biocompatibility, water absorption, micro-porous structure, and soft and tissue-like physical properties, are contributing to the market growth.

Besides this, the increasing application of hydrogels in hygiene products, such as sanitary pads, baby diapers, and paper towels, to manufacture thinner pads with higher absorbency, suction power, and increased swelling pressure is providing a positive thrust to the market growth.

Furthermore, the growing geriatric and infant populations, advancing healthcare technology, and research and development (R&D) among leading market players to create new and advanced products are also creating a favorable market outlook.

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Global Hydrogel Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

3M Company, Ashland Global Holdings Inc., B. Braun Melsungen AG, Cardinal Health Inc., Coloplast A/S, Essity AB, Evonik Industries AG, Hoya Corporation, Integra LifeSciences, Johnson & Johnson, Koninklijke DSM N.V., Medline Industries Inc., Medtronic plc, Smith & Nephew plc and The Cooper Companies Inc.

The report has segmented the market on the basis of region, raw material type, form, composition and application.

Breakup by Raw Material Type:
• Synthetic
• Natural
• Hybrid

Breakup by Form:
• Amorphous
• Semi-crystalline
• Crystalline

Breakup by Composition:
• Polyacrylate
• Polyacrylamide
• Silicone-modified Hydrogels (SiH)
• Others

Breakup by Application:
• Contact Lenses
• Hygiene Products
• Wound Care
• Drug Delivery
• Tissue Engineering
• Others

Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=4980&flag=C

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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