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Hydrocolloids Market is Expected to Reach $17.78 Billion by 2031 - 3M, Amparo medical Technologies., Scapa, Sarasota Medical Products

09-12-2024 02:53 PM CET | Health & Medicine

Press release from: DataM Intelligence 4 Market Research LLP

Hydrocolloids Market || 2024-2031

Hydrocolloids Market || 2024-2031

The Global Hydrocolloids Market was valued at USD $11.32 billion in 2023 and is projected to grow to USD $17.78 billion by 2031, with a compound annual growth rate (CAGR) of 5.8% during the forecast period from 2024 to 2031.

Hydrocolloids are colloidal systems in which hydrophilic polymers are dispersed in water. These polymers can be derived from various sources, including plants, animals, microbes, or synthetic materials, and are characterized by their abundance of hydroxyl groups, which improve their water-binding capacity. Depending on the concentration and environmental conditions, hydrocolloids can form different states, such as gels or solutions, based on the amount of water they retain.

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Key Developments:

• In June 2024, The INKEY List launched its Hydrocolloid Invisible Pimple Patches, entering the pimple patch market. These patches utilize hydrocolloid technology combined with active ingredients like salicylic acid to reduce the appearance of whiteheads. Dr. Joshua Zeichner noted that hydrocolloids are effective for protecting the skin, absorbing excess fluid, and promoting healing.

• In April 2021, Scapa Healthcare announced improvements at its Hydrocolloid Technology Center in Orangeburg, New York, to address growing global demand for medical-grade hydrocolloid adhesive technologies. The facility specializes in developing hydrocolloid formulations for advanced wound care, ostomy care, and consumer wellness products.

Market Dynamics:

Rising incidence of wounds & surgical procedures
The global hydrocolloids market is driven by several factors, with one of the key drivers being the increasing incidence of wounds and surgical procedures. The growing number of acute and chronic wounds, particularly among the aging population, significantly contributes to the demand for hydrocolloids. Surgical wounds, ranging from minor incisions to more complex procedures, require effective wound management, and hydrocolloid dressings are particularly well-suited due to their ability to maintain a moist environment that promotes healing. As the number of surgical procedures continues to rise, so does the need for efficient wound care solutions, especially to prevent complications such as infections and delayed healing.

Market Segment Analysis

By Type: Sterile, Non-Sterile

By Application: Burns, Chronic Wounds, Surgical Wounds, Necrotic Wounds, Others

By End User: Hospitals, Specialty Clinics, Ambulatory Surgical Centres and Others

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Major Key players

• 3M
• Amparo medical Technologies.
• Scapa
• Sarasota Medical Products
• Cardinal Health.
• Convatec
• Fralock LLC
• Hi-Tech Products.
• AMERX Health Care
• DermaRite Industries, LLC.

*Note:

Additionally, I wanted to highlight that the full version of the report includes an in-depth analysis of emerging players and startups, which will provide valuable insights into the evolving market landscape and key strategies being adopted.

Related Reports:

Sterile Injectable Market: https://datamintelligence.com/research-report/sterile-injectable-market

Sterilization Equipment Market: https://datamintelligence.com/research-report/sterilization-equipment-market

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Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

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