Hydrogel Dressing Market Overview:
The global hydrogel dressing market was valued at $320.85 million in 2019, and is projected to reach $695.05 million by 2027, registering a CAGR of 10.1% from 2020 to 2027.
Hydrogel dressings is a process of regulating fluid exchange on wound surface and have been used in the treatment of both acute and chronic wounds. These dressings are made from synthetic polymers, usually polyvinyl pyrrolidine and methacrylate. They contain more than 90% of the water with glycerin or aloe as a base. In addition, it holds moisture on the surface of a wound and provides sodium for electrolyte balance. Few, hydrogels are integrated with coolant properties and helps in pain reduction, cooling effect at the wound site, debridement of the wound, and granules are used on minor burns, painful wounds, dry wounds, radiation damage and others. Moreover, it provides an ideal environment for wound cleansing of autolytic debridement. In addition, it provides moist environment for wound healing and hydrogel is used in the treatment of radiation damage, acute burns, dry wounds, and others. Based on the type of material, markets are classified into a sheet, impregnated?and amorphous hydrogels.
Rise in geriatric population, improving healthcare infrastructure, rise in government initiatives with an objective of improving awareness about diagnosis and treatment among patients with diabetes, ulcer, and significant focus of major market players on offering cost-effective products to improve the quality of patient’s lives and increase in accidental cases, burn injuries are some of the major factors projected to drive the growth of the global hydrogel dressing market during the forecast period. Moreover, technological innovation in wound closure techniques, namely, injectable stimuli-responsive amorphous hydrogels for stopping bleeding in trauma cases and military personnel, further supplement the market growth. On the contrary, high manufacturing and production cost of hydrogel products is expected to restrain the growth of the global hydrogel dressing market during the forecast period.
Hydrogel Dressing Market Segmentation
The hydrogel dressing market is segmented on the basis of product, end user, and region. By product, the market is categorized into amorphous hydrogel, impregnated hydrogel, and sheet hydrogel. Depending on end user, the market is classified into hospitals, physician’s office, and others. On the basis of region, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Spain, Italy, and rest of Europe), Asia-Pacific (Japan, China, India, Australia, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
Based on product, the hydrogel dressing market is categorized into amorphous hydrogel, impregnated hydrogel and sheet hydrogel. Presently amorphous hydrogel dominates the global market and is anticipated to continue this trend throughout the forecast period. The key factors that drive the market growth include increase in prevalence of ulcer, diabetes, obesity, blood clotting in trauma cases, military accidents, rise in geriatric population, and chronic condition surge in demand for hydrogel products. In addition, it provides moisture to a dry wound and to maintain a moist healing environment which rehydrates the wound tissue.
Amorphous Hydrogel segment holds a dominant position in 2019 and would continue to maintain the lead over the forecast period.
Based on end user, the hydrogel dressing market is divided into hospitals, physician’s office, and others. Currently, the hospital segment accounted for the majority of market share, owing to strong presence of hospitals across the globe, and is expected to continue this trend during the forecast period, owing to enhanced hydrogel dressing facilities provided by the hospitals and availability of skilled physicians and infrastructure. The physician’s office segment is anticipated to grow at a significant rate in the near future, owing to minimal waiting time and low cost of treatment by service providers. Moreover, rise in awareness of patients about infections and easy availability of the hydrogels boost the growth of this market.
By End User
Hospitals segment is projected as one of the most lucrative segment.
Snapshot of Asia-Pacific hydrogel dressing market
Asia-Pacific presents lucrative opportunities for the key players operating in the hydrogel dressing market, owing to growth in awareness about hydrogel dressing and rise in adoption of hydrogel dressing products. Moreover, the market growth in this region is attributable to rise in incidence of chronic diseases, high disposable income, and advancements in the field of healthcare further contribute to the market growth. Some of the other factors such as Asia-Pacific is densely populated, with India and China being the most populated countries. Thus, due to presence of huge population, the prevalence of diabetes & ulcer patients is expected to drive the growth of the hydrogel dressing market in Asia-Pacific.
Asia-Pacific region would exhibit the highest CAGR of 12.1% during 2019-2026.
The key players profiled in this report include 3M Company, B Braun Melsungen AG, Coloplast A/S, ConvaTec Group Plc., Svenska Cellulosa AB, Integra Lifesciences (Derma sciences), Smith & Nephew Plc., Johnson & Johnson, Procyon Corp., and Axelgaard Manufacturing Co. Ltd.
Key Benefits For Stakeholders
The study provides an in-depth analysis of the hydrogel dressing market size along with the current trends and future estimations to elucidate the imminent investment pockets.
It offers hydrogel dressing market analysis from 2020 to 2027, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
A comprehensive analysis of all the geographical regions is provided to determine the prevailing opportunities.
The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook and the global hydrogel dressing market growth.
Key Market Segments
- Amorphous Hydrogel
- Impregnated Hydrogel
- Sheet Hydrogel
By End user
- Physician’s Office
- North America
- Rest of Europe
- Rest of Asia-Pacific
- Saudi Arabia
- South Africa
- Rest of LAMEA
Hydrogel Dressing Market Report Highlights
By Product Type
By End User
Key Market Players
SVENSKA CELLULOSA AKTIEBOLAGET SCA (PUBL), AXELGAARD MANUFACTURING CO., LTD., 3M COMPANY, B.BRAUN MELSUNGEN AG, CONVATEC GROUP PLC., JOHNSON & JOHNSON, PROCYON CORPORATION, COLOPLAST A/S, INTEGRA LIFESCIENCES, SMITH & NEPHEW PLC.
The hydrogel dressing therapies function on the principle of moisture therapy. This involves keeping the wound hydrated to facilitate faster healing. In addition, they are resistant to exogenous infection and foreign particles, which boosts the adoption of hydrogel dressing.
The adoption of hydrogel dressing products such as amorphous hydrogel, impregnated hydrogel, and sheet hydrogel is expected to increase significantly, owing to rise in prevalence of chronic diseases and conditions such as ulcer, diabetes, obesity, and burn. In addition, these products help maintain a steady temperature around the wound, facilitate oxygen flow, relieve pain during dressing changes, and protect wounds from infection, which further fuel their demand in the healthcare settings. Moreover, rise in adoption of evidence-based treatments for chronic wounds, problems associated with traditional wound healing methods, and attempts to reduce the duration of the hospital stay to lower healthcare expenses drive the growth of the global hydrogel dressing market.
Amorphous hydrogel products are most popularly used in hydrogel dressing therapy, as these products stimulate new tissue growth, control infection & pain, and facilitate supply of nutrition to wounds. These products involve substances ranging from relatively low-tech collagen to high-tech artificial growth factors that enhance the wound healing process. Thus, hydrogel dressing products are expected to witness increased adoption, owing to rise in number of burn condition. Conversely, high cost of hydrogel dressing pro
ducts is anticipated to restrain the market growth. However, increased focus toward advanced treatment protocols is anticipated to provide lucrative opportunities for the expansion of the hydrogel dressing market.North America is expected to remain dominant during the forecast period, owing to higher adoption of hydrogel dressing products. In addition, presence of advanced facilities and wide availability of hydrogel product supplement the growth of the market. Moreover, Asia-Pacific and LAMEA are expected to offer lucrative opportunities to the key players during the forecast period due to developments in infrastructure of the pharmaceutical industries along with rise in demand for hydrogel dressing products.