Various fields that include biotechnology, biomedicine, pharmaceutical etc. have witnessed expensive application of hydrogels. Hydrogels are three-dimensional network of hydrophilic polymers that swell in water and can hold a hefty amount of water while maintaining structure due to cross-linking of polymer chains. Hydrogel market has witnessed significant growth in the recent years as intelligent or smart hydrogels are now under considerable scientific research. The structure and compatibility of hydrogels in different conditions as well as their flexibility and high water content have made hydrogel application effective in conditions ranging from industrial to biological. Non toxicity of hydrogels make them compatible in medical sciences applications.
Segmental Analysis:
The Hydrogel Market is segmented on the basis of type, form, composition and application.
By type, hydrogel market is categorized as natural, synthetic and hybrid hydrogels. Synthetic hydrogel has been known to hold the largest market share due to the expansive application of the product in agriculture, biotechnology, drug delivery etc. As tissue engineering and nanotechnology industries expand, hybrid hydrogel market is also expected to register greater revenue share over the forecast period.
Composition-wise hydrogel market is segmented as polyacrylamide, polyacrylate and silicon hydrogel. Polyacrylamide and polyacrylate hydrogel markets are anticipated to hold a major share of the revenue as they find greater applications in tissue engineering and biomedicine.
By form, the hydrogel market is further divided into amorphous, crystalline and semi crystalline hydrogels.
According to application, hydrogel market is segmented into healthcare and hygiene, agriculture, contact lenses, tissue engineering, drug delivery systems and others. Healthcare and hygiene segment hold the leading share in the market.
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Competitive Dashboard:
Johnson & Johnson Private Limited (U.S.A)
BSN medical (Germany)
The Cooper Companies
Inc. (U.S.A)
Cardinal Health (U.S.A)
Dow Corning Corporation (U.S.A)
B. Fuller Company (U.S.A)
Alliqua BioMedical Inc (U.S.A)
R&D Medical Products Inc (U.S.A)
Axelgaard Manufacturing Co. Ltd.(U.S.A)
Regional Analysis:
Regional hydrogel market segmentation has been done on the basis of North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
Owing to extensive usage of contact lenses in U.S.A, Canada and Mexico, the North America hydrogel market is expected to witness expansive growth over 2017-2023. Hydrogel application in medicine, biotechnology, tissue engineering and agriculture has also raised the market share for the product in the region. Rising prevalence of tissue engineering and broadening research for the betterment of the technology in this region will also add a potent boost to the growth of the hydrogel market during the forecast period.
Synthetic hydrogel market segment is expected to register considerable CAGR in the Asia Pacific region as the product will be extensively used in health care and hygiene, agriculture, drug delivery systems and other applications. With an expanding population and the rise of the middle class who have greater disposable incomes, hydrogel market is expected to witness better growth scope in the region, especially in countries like India, China and Japan.
Hydrogel application in baby diapers, paper towels and sanitary napkins will drive the hydrogel market growth in Europe. Advancement in technology, demand for hydrogel enhanced products and high disposable income will add considerable impetus to hydrogel market growth in the region with countries like UK, Germany and Italy leading the way.
Latin America hydrogel market is also expected to register considerable development as biotechnology, tissue engineering and medical fields increased the utilization of hydrogel.
Middle East & Africa hydrogel market will expand over the forecast period as the product finds increasing application in drug delivery systems and wound dressings.
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Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure
3 Market Research Methodology
3.1 Research Process
3.2 Secondary Research
3.3 Primary Research
3.4 Forecast Model
4 Market Landscape
4.1 Five Forces Analysis
4.1.1 Threat Of New Entrants
4.1.2 Bargaining Power Of Buyers
4.1.3 Threat Of Substitutes
4.1.4 Segment Rivalry
4.2 Value Chain/Supply Chain Of Global Hydrogel Market
Continue…
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Industry News:
Hydrogel technology has made massive strides in the past few decades. Broadening research activities in developing hydrogels for innovative applications will make considerable contribution to the growth of the hydrogel market. For instance, researchers at the Wyss Institute for Biologically Inspired Engineering at Harvard University have developed an active adhesive dressing that can heal skin wound without leaving any scars. The adhesive uses a temperature-responsive hydrogel that speeds up wound healing is expected to find application in soft robotics and regenerative medicine.
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