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Hydrogel Market Report by Raw Material Type (Synthetic, Natural, Hybrid), Form (Amorphous, Semi-crystalline, Crystalline), Composition (Polyacrylate, Polyacrylamide, Silicone-modified Hydrogels (SiH), and Others), Application (Contact Lenses, Personal Care and Hygiene, Wound Care, Drug Delivery, Tissue Engineering, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A4980
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Market Overview:
The global hydrogel market size reached US$ 27.7 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 43.4 Billion by 2032, exhibiting a growth rate (CAGR) of 5% during 2024-2032.
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Report Attribute
|
Key Statistics
|
|---|---|
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Base Year
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2023
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|
Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 27.7 Billion |
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Market Forecast in 2032
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US$ 43.4 Billion |
| Market Growth Rate 2024-2032 | 5% |
Hydrogel is a three-dimensional (3D) network of hydrophilic polymers that can absorb and retain a large amount of water without dissolving. It comprises collagen, silk fibroin, hyaluronic acid, chitosan, and alginate, which helps respond to various stimuli, such as pH, temperature, chemical and light. It is flexible, versatile, environment-sensitive, cost-effective, and biocompatible with most cells. As a result, it finds extensive applications in sanitation, monitoring drug delivery, medication delivery systems, microfluids and converting, packaging, coal dewatering, nutrition, and food additives worldwide.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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Hydrogel Market Trends:
The rising employment of hydrogels in the pharmaceutical industry to increase the storage stability of existing medical products represents one of the key factors driving the market. It is also included in wound dressing to moisturize the wound and aid in repairing the epidermis, removing extra dead tissues, and granulating the healing process. In addition, the growing utilization of hydrogels in sanitary products to make thinner pads with higher absorbency and increase swelling pressure and suction power is positively influencing the market. Besides this, non-governmental organizations (NGOs) and governments of several countries are organizing awareness programs to spread awareness about menstrual hygiene. This, coupled with the escalating demand for baby diapers, sanitary napkins, and paper towels across the globe, is contributing to the growth of the market. Furthermore, the increasing usage of hydrogel in contact lenses, biotechnology, and agriculture around the world is stimulating the growth of the market. Other factors projected to offer lucrative growth opportunities to industry players operating in the market are the rising infant and geriatric population, growing research and development (R&D) to create new and advanced products and technological advancements in the healthcare industry.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hydrogel market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on raw material type, form, composition and application.
Breakup by Raw Material Type:
- Synthetic
- Natural
- Hybrid
Breakup by Form:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Amorphous
- Semi-crystalline
- Crystalline
Breakup by Composition:
- Polyacrylate
- Polyacrylamide
- Silicone-modified Hydrogels (SiH)
- Others
Breakup by Application:
- Contact Lenses
- Personal Care and Hygiene
- Wound Care
- Drug Delivery
- Tissue Engineering
- Others
Breakup by Region:
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- 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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Raw Material Type, Form, Composition, Application, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | 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. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global hydrogel market was valued at US$ 27.7 Billion in 2023.
We expect the global hydrogel market to exhibit a CAGR of 5% during 2024-2032.
The rising demand for hydrogels in the pharmaceutical industry, to increase the storage stability of existing medical products, is primarily driving the global hydrogel market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary halt in various production activities and supply chain disruption for hydrogel.
Based on the raw material type, the global hydrogel market has been segmented into synthetic, natural, and hybrid. Currently, synthetic holds the majority of the total market share.
Based on the form, the global hydrogel market can be divided into amorphous, semi-crystalline, and crystalline. Among these, semi-crystalline currently exhibits a clear dominance in the market.
Based on the composition, the global hydrogel market has been categorized into polyacrylate, polyacrylamide, Silicone-modified Hydrogels (SiH), and others. Currently, Silicone-modified Hydrogels (SiH) account for the majority of the global market share.
Based on the application, the global hydrogel market can be segregated into contact lenses, personal care and hygiene, wound care, drug delivery, tissue engineering, and others. Among these, personal care and hygiene products hold the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global hydrogel market include 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.
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