According to the latest report by IMARC Group, titled “Hydrogel Dressing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on the global hydrogel dressing market growth rate. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global hydrogel dressing market size reached US$ 430.5 Million in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 595.9 Million by 2028, exhibiting a growth rate (CAGR) of 5.44% during 2023-2028.
Hydrogel dressings rehydrate sloughy and necrotic tissue to effect debridement while providing moisture to wounds. They comprise water balanced in a gel made up of insoluble hydrophilic polymers that swell upon contact with water. Hydrogel dressings are manufactured from polymers of synthetic molecules, such as polyvinylpyrrolidone and polymethacrylate. They promote granulation, control fluid exchange at the wound-bandage interface, and encourage complete healing. Hydrogel dressings assist in alleviating pain while preventing the dead space from becoming infected.
In addition, they facilitate wound re-epithelialization as they partially imitate skin structure and enhance the growth of components. As a result, hydrogel dressings find widespread applications in specialty clinics, hospitals, and home healthcare centers across the globe.
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Market Trends
The escalating prevalence of chronic wounds, including venous, pressure, and ischemic ulcers, is among the primary factors driving the hydrogel dressing market. Besides this, the launch of several policies by the government bodies to increase awareness toward the diagnosis and treatment of diabetic foot ulcers is further augmenting the market growth.
Moreover, the growing popularity of hydrogel dressings to keep wounds clean by eliminating diseased or necrotic tissues via autolysis is also catalyzing the global market. Apart from this, the leading players are extensively investing in research and development (RD) activities to introduce cost-effective products for improving the treatment of chronic injuries, which is acting as another significant growth-inducing factor. Additionally, the elevating requirement for advanced wound care derivatives to prevent surgical site infections is also stimulating the market growth. Furthermore, the rising incidences of blood clotting in trauma cases across the globe and the expanding healthcare industry are expected to bolster the hydrogel dressing market in the coming years.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
3M Company, Axelgaard Manufacturing Co Ltd, B Braun Melsungen AG (B. Braun Holding GmbH Co. KG), Convatec Group plc, Hollister Incorporated, Integra LifeSciences, Lohmann Rauscher GmbH Co. KG (Lohmann Rauscher International GmbH Co. KG), McKesson Corporation, Medline Industries LP, Procyon Corporation and Smith Nephew plc.Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Product:
- Amorphous Hydrogel
- Impregnated Hydrogel
- Sheet Hydrogel
Breakup by Material:
- Natural
- Synthetic
- Semi-synthetic
Breakup by Application:
- Diabetic Foot Ulcer
- Pressure Ulcer
- Venous Leg Ulcer
- Burn Wounds
- Others
Breakup by End User:
- Hospital
- Physician’s Office
- Others
Regional Insights:
- Asia Pacific
- North America
- Europe
- Middle East and Africa
- Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
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