Global rapid self-healing gel market, the analysts have estimated the yearly revenue generated by the market in 2019 was around USD 200 million. Based on the projected CAGR of about 7.4%, the global market value is expected to reach around USD 305 million by 2025.
Global Rapid Self-healing Gel Market: Overview
Rapid self-healing gels are 3D materials with the capability to absorb a large proportion of water while retaining their dimensional stability. The 3D structure in their enlarged state is maintained by chemical or physical crosslinking. The product also has soft & tissue-like physical features, high permeability to smaller molecules, and low interfacial tension.
Global rapid self-healing gel market was valued at USD 234.74 million in 2019 and is like;ly to reach USD 314.60 million by 2026 a CAGR of 7.47%.
Global Rapid Self-healing Gel Market: Growth Factors
Extensive application of rapid self-healing has made it popular in wound healing as a result of its unique characteristics such as large sensitivity towards the physical features, hydrophilic nature, and adequate suppleness. These properties also make it more preferred in a plethora of biomedical applications as well as medical equipment across the healthcare sector. Apart from this, the increase in the research and development activities witnessed across the medical sector will trigger regional market growth. Nonetheless, fluctuating raw material costs of the product are likely to dent the rapid self-healing gel market earnings over the forecast timeline. Moreover, the steady growth witnessed in the biomedical sector is anticipated to propel the need for materials with outstanding features that makes it desirous to be used in surface coatings, tissue engineering, 3D printing, and drug delivery. This, in turn, will nullify the negative effects of hindrances on the rapid self-healing gel market growth.
Global Rapid Self-healing Gel Market: Segmentation
The rapid self-healing gel market can be classified into crosslinking and application. On the basis of crosslinking, the industry is sectored into physical and chemical crosslinking. Application wise, the rapid self-healing gel market is classified into wound healing, 3D printing, drug delivery, soft robots, surface coating, wound healing, and tissue engineering applications.
Global Rapid Self-healing Gel Market: Regional Analysis
Based on the region, the rapid self-healing gel market can be divided into five main regions: Latin America, North America, Europe, Asia Pacific, and the Middle East and Africa. Asia Pacific rapid self-healing gel industry is slated to experience a notable growth over the coming years, subject to huge investments in research & development projects and surging demand for specialty medical products in the healthcare & pharmaceutical sectors. Moreover, the rapid self-healing gel industry in North America is set to experience a lucrative growth, subject to the presence of a large number of key manufacturers like Cardinal Health and Cytogel Pharma in research activities, licensed patent deals, and new product launches. Additionally, thriving medical and pharmaceutical sectors along with large scale funding for manufacturing effective & curative medicines and therapeutic applications will stir the growth of rapid self-healing gel sector in the North American region.
Latin America, Europe, and the Middle East and Africa are likely to be the major regional revenue contributors in the coming years. These are the markets with untapped growth potential and will be the prospective business destinations for the industry players to expand their regional base.
Global Rapid Self-healing Gel Market: Competitive Players
Few of the main participants in rapid self-healing gel market are Adynxx, Inc., Scapa Healthcare, Alliqua Biomedical, Hydromer, Inc., Cardinal Health, Axelgaard, Contura, Katecho, Inc., and Advanced Medical Solutions Group PLC.
Global Rapid Self-healing Gel Market: Regional Segment Analysis
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Rapid Self-healing Gel Market Revenue, 2016 - 2026 (USD Million)
FIG. 5 Porter’s Five Forces Analysis for Global Rapid Self-healing Gel Market
FIG. 6 Global Rapid Self-healing Gel Market Attractiveness, By Crosslinking
FIG. 7 Global Rapid Self-healing Gel Market Attractiveness, By Application
FIG. 8 Global Rapid Self-healing Gel Market Attractiveness, By End-User
FIG. 9 Company Share Analysis, 2019
FIG. 10 Global Rapid Self-healing Gel Market Revenue Share, by Crosslinking , 2019 & 2026
FIG. 11 Global Rapid Self-healing Gel Market for Physical Crosslinking , Revenue (USD Million) 2016 - 2026
FIG. 12 Global Rapid Self-healing Gel Market for Chemical Crosslinking, Revenue (USD Million) 2016 - 2026
FIG. 13 Global Rapid Self-healing Gel Market Revenue Share, by Application , 2019 & 2026
FIG. 14 Global Rapid Self-healing Gel Market for Wound Healing , Revenue (USD Million) 2016 - 2026
FIG. 15 Global Rapid Self-healing Gel Market for 3D Printing, Revenue (USD Million) 2016 - 2026
FIG. 16 Global Rapid Self-healing Gel Market for Drug Delivery, Revenue (USD Million) 2016 - 2026
FIG. 17 Global Rapid Self-healing Gel Market for Soft Robots, Revenue (USD Million) 2016 - 2026
FIG. 18 Global Rapid Self-healing Gel Market for Surface Coating, Revenue (USD Million) 2016 - 2026
FIG. 19 Global Rapid Self-healing Gel Market for Wound Healing, Revenue (USD Million) 2016 - 2026
FIG. 20 Global Rapid Self-healing Gel Market for Tissue Engineering, Revenue (USD Million) 2016 - 2026
FIG. 21 Global Rapid Self-healing Gel Market Revenue Share, by Region, 2019 & 2026
FIG. 22 North America Rapid Self-healing Gel Market Revenue, 2016 - 2026 (USD Million)
FIG. 23 Europe Rapid Self-healing Gel Market Revenue, 2016 - 2026 (USD Million)
FIG. 24 Asia Pacific Rapid Self-healing Gel Market Revenue, 2016 - 2026 (USD Million)
FIG. 25 Latin America Rapid Self-healing Gel Market Revenue, 2016 - 2026 (USD Million)
FIG. 26 The Middle-East and Africa Rapid Self-healing Gel Market Revenue, 2016 - 2026 (USD Million)
FIG. 27 Adynxx Business Segment Revenue Share, 2018 (%)
FIG. 28 Adynxx Geographical Segment Revenue Share, 2018 (%)
List of Tables
TABLE 1 Global Rapid Self-healing Gel Market: Snapshot
TABLE 2 Drivers of the Rapid Self-healing Gel Market: Impact Analysis
TABLE 3 Restraints for the Rapid Self-healing Gel Market: Impact Analysis
TABLE 4 Global Rapid Self-healing Gel Market Revenue, by Region, 2016 – 2026 (USD Million)
TABLE 5 North America Rapid Self-healing Gel Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 6 North America Rapid Self-healing Gel Market Revenue, by Crosslinking , 2016 – 2026 (USD Million)
TABLE 7 North America Rapid Self-healing Gel Market Revenue, by Application , 2016 – 2026 (USD Million)
TABLE 8 Europe Rapid Self-healing Gel Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 9 Europe Rapid Self-healing Gel Market Revenue, by Crosslinking , 2016 – 2026 (USD Million)
TABLE 10 Europe Rapid Self-healing Gel Market Revenue, by Application , 2016 – 2026 (USD Million)
TABLE 11 Asia Pacific Rapid Self-healing Gel Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 12 Asia Pacific Rapid Self-healing Gel Market Revenue, by Crosslinking , 2016 – 2026 (USD Million)
TABLE 13 Asia Pacific Rapid Self-healing Gel Market Revenue, by Application , 2016 – 2026 (USD Million)
TABLE 14 Latin America Rapid Self-healing Gel Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 15 Latin America Rapid Self-healing Gel Market Revenue, by Crosslinking , 2016 – 2026 (USD Million)
TABLE 16 Latin America Rapid Self-healing Gel Market Revenue, by Application , 2016 – 2026 (USD Million)
TABLE 17 The Middle-East and Africa Rapid Self-healing Gel Market Revenue, by Country, 2016 – 2026 (USD Million)
TABLE 18 The Middle-East and Africa Rapid Self-healing Gel Market Revenue, by Crosslinking , 2016 – 2026 (USD Million)
TABLE 19 The Middle-East and Africa Rapid Self-healing Gel Market Revenue, by Application , 2016 – 2026 (USD Million)
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