Hydrogel Market Growth, Size, Share, Trends, and Forecast 2030

The global hydrogel market size was worth around USD 24.80 Billion in 2022 and is predicted to grow to around USD 35.89 Billion by 2030 with a compound annual growth rate (CAGR) of roughly 4.73% between 2023 and 2030.

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Global Hydrogel Market: Overview

Hydrogel is a water-insoluble polymer that can retain or preserve high water quantities around about 90 to 95% water in the gel form. Hydrogels are majorly utilized in several hygiene commodities, for instance, baby sanitary pads, diapers, soft contact lenses, and adult incontinence pads.

Global Hydrogel Market: Growth Factors

The hydrogel is utilized in wound care dressings for debriding necrotic tissues and cleansing of wounds. They are also utilized during the cure and treatment of partial or severe wounds, burns, necrotic wounds, and autolytic debridement. This is accredited to the increasing adoption of hydrogel products for a variety of applications thus increasing the demand for the hydrogel market. The benefits of hydrogel over traditional/conventional substitutes, increasing product based R&D activities by the major market players, and growing demand for hydrogel-based products in the up-coming countries are propelling the growth of the hydrogel market.

Hydrogel products are tested to show several advantages such as enhanced water retention capability, preservation of stored components and controlled release. These major aspects have fostered their usage as an ideal material for manufacturing of health and hygiene products such as soft contact lenses, diapers, injury care products, and drug delivery patches. These products are extensively used by consumers, which would ultimately propel the demand for the global hydrogel market in the coming future.

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Global Hydrogel Market: Segmentation

The global hydrogel market is classified based on five types namely, composition, raw material type, product, form, and end user.

By type of raw material utilized, the market is divided into natural, synthetic, and hybrid hydrogels.

By composition type, the market is categorized into five segments namely, silicone-modified hydrogels, polyacrylate, polyacrylamide, based on agar, and others.

On the basis of form in which hydrogel is utilized, the hydrogel market is categorized into semi-crystalline hydrogels and amorphous hydrogels. The hydrogel market is classified into four product types, which comprises amorphous gels, semi-crystalline buttons, films & matrices, impregnated gauze, and hydrogel sheets.

By end users, the market is divided into tissue engineering, hygiene products, contact lenses, drug delivery, wound care, and others.

By Raw Material Type:

• Natural
• Synthetic
• Hybrid

By Composition:

• Polyacrylate
• Polyacrylamide
• Silicon
• Others (Agar and PVP)

By Form:

• Amorphous
• Crystalline
• Semi-crystalline

By Application:

• Wound Care
• Contact Lens
• Drug Delivery
• Agriculture
• Personal Care & Hygiene
• Others

Hydrogel Market: Report Scope

Global Hydrogel Market: Regional Analysis

North America is projected to hold a most important share of the hydrogel market owing to the increasing demand for hydrogel in tissue engineering, biotechnology and medicine, agriculture, and others. The contact lenses sector is anticipated to experience a rapid development in the market owing to its increasing production and usage in countries such as Canada, the U.S., and Mexico. It is projected that the tissue engineering division is set to experience a higher development of hydrogel market in the coming future.

The Asia Pacific region is anticipated gain an enormous development due to increasing population and growing per capita income. It is likely that the synthetic hydrogel division is set to experience a higher growth rate due to increasing demand for drug delivery systems, health care and hygiene, agriculture, and others. Due to these driving aspects, countries such as Japan, China, and India are anticipated to be the major key players in hydrogel market.

Europe is expected to witness a significant development in the hydrogel market due to its rising demand for personal and healthcare products, for instance, sanitary napkins, baby diapers, and paper towels.

Global Hydrogel Market: Competitive Players

Some of the most important market players in the global hydrogel market are

• Smith & Nephew Plc
• 3M Company
• Alliqua Biomedical, Inc.
• ConvaTec, Inc.
• Procyon Corp.
• Johnson & Johnson
• HB Fuller Company
• BSN Medical GmbH
• AMBU
• Altergon Italia
• The Cooper Companies.

Global Hydrogel Market: Regional Segment Analysis

• North America
  • The U.S.
• Europe
  • The UK
  • France
  • Germany
• The Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

What Reports Provide

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.