IMARC Group, a leading market research company, has recently releases report titled “Hydrogel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, Offers a comprehensive analysis of the industry, which comprises insights on the market.

What is the market size of hydrogels?

The global hydrogel market size reached US$ 26.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 36.9 Billion by 2028, exhibiting a growth rate (CAGR) of 5.7% during 2023-2028.

Industry Overview of Hydrogel

Hydrogel is a three-dimensional network of hydrophilic polymers capable of absorbing and retaining large amounts of water or other fluids. It exhibits a gel-like consistency, providing it with excellent flexibility and softness. It can be synthesized from natural or synthetic polymers, and their composition can be tailored to suit specific requirements. It is used as wound dressings, drug delivery systems, and tissue engineering scaffolds in the healthcare industry. It is also utilized in skincare products, providing moisturization and hydration benefits. It also finds applications in the pharmaceutical, agriculture, personal care, and environmental sectors across the globe.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/hydrogel-market/requestsample

What are the growth prospects and trends in the hydrogel industry?

At present, the growing demand for hydrogels to create a moist environment that accelerates the natural healing process of wounds represents one of the key factors offering a favorable market outlook.

Moreover, the rising geriatric population around the world, along with the growing prevalence of chronic wounds and injuries are fueling the demand for advanced wound care products. Besides this, these gels offer superior moisturizing properties and enhanced delivery of active ingredients, making them ideal for skincare applications.

In addition, the rising consumer focus on self-care, coupled with the increasing demand for innovative products is offering lucrative growth opportunities to industry investors.

Leading Companies Operating in the Global Hydrogel Industry:

• 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
• The Cooper Companies Inc.

Hydrogel Market Report Segmentation:

The report has segmented the market into the following categories:

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

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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