Hydrogel Dressing Market Overview, Driving Factors, Key Players and Growth Opportunities by 2028

Byimarcsuraj

IMARC Group has recently released a new research study “Hydrogel Dressing Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What are the growth prospects of the Hydrogel Dressing Industry?

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.

What is Hydrogel Dressing?

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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Covid-19 Impact:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

What are the key factors driving the global hydrogel dressing market?

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 (R&D) 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. 

Who are the key players/companies in the global hydrogel dressing 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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