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Hydrogel Market is Expected to Reach $27.2 Billion, Globally, by 2022

In 2015, contact lenses and hygiene product segments jointly accounted for about three-fourths share of the hydrogel market. The Contact lenses segment is anticipated to grow at a CAGR of 5.8% from 2016 to 2022. Wound care segment is projected to be the fastest growing end user segment, registering a CAGR of 7.9% from 2016 to 2022. Synthetic raw material-based hydrogels segment is poised to continue to lead the hydrogel market throughout the forecast period.<br>.<br><br><br>

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Hydrogel Market is Expected to Reach $27.2 Billion, Globally, by 2022

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  1. Opportunity Analysis and Industry Forecast, 2016-2023 Hydrogel Market : Future Growth Prospects for Major Leaders Global Opportunity Analysis and Industry Forecast, 2015-2022

  2. Hydrogel Market “The polyacrylamide hydrogel segment is anticipated to grow rapidly during the forecast period on account of the increased adoption of disposable sanitary products in the market. Silicone-modified hydrogels (SiH) segment would continue to dominate the market as they are mainly used in the production of daily disposable soft contact lenses. However, there are ongoing research activities conducted by contact lens producers to develop alternative products, owing to the toxicity concerns associated with silicone-modified hydrogels, thus would experience slower growth rates. Impregnated gauze is projected to be the fastest growing product segment, owing to increased awareness about products and competitive pricing offered by key market players, such as 3M Company, as compared to that of traditional wound care products.”

  3. Hydrogel Market Overview Hydrogel Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $27.2 billion by 2022, registering a CAGR of 6.3% during the period 2016-2022. The hydrogel contact lenses and hygiene product segments constitute about three-fourths share in the global hydrogel market and are expected to maintain this trend during the forecast period. Access Full Summary at : https://www.alliedmarketresearch.com/hydrogel-market Success of super absorbent polymers in hygiene and wound care products, growing use of contact lenses and availability of numerous chemistries and formulations are the major factors driving the market growth. The use of hydrogels in wound care is anticipated to increase rapidly, owing to benefits such as convenience of use, water retention efficiency, and improved time efficiency during medical procedures and wound closure. 

  4. Hydrogel Market In addition, they are increasingly used in wound care dressings for cleansing and debriding necrotic tissues in wounds. They are also used during the treatment of partial or thick wounds, necrotic wounds, burns, and autolytic debridement. This is attributed to the increasing adoption of hydrogel products for various applications, associated benefits of hydrogel over conventional substitutes, growing product-focused R&D activities by market players, and rising demand for hydrogel-based products in the emerging countries. Hydrogel products have been tested to show proven benefits such as improved water retention ability, controlled release, and preservation of stored components. These features have fostered their use as a preferred material for manufacturing hygiene products such as diapers, soft contact lenses, drug delivery patches, and wound care products. These products are widely used in, which would eventually drive the demand for hydrogel market during the forecast period. 

  5. Hydrogel Market Key Players Product-focused R&D is the key strategy adopted by market players to expand their hydrogel product portfolio. The customizable properties of hydrogel in products has stimulated extensive investments for development of new products. In line with this strategy, CooperVision, Inc. announced to launch Biofinity XR contact lens brandin 2015. Similarly, ConvaTec launched its product AQUACEL, a sterile dressing used to cover acute and chronic wound ulcers in 2015. The key players profiled in this report include 3M Company, Smith & Nephew plc, ConvaTec, Inc., Alliqua Biomedical, Inc., Johnson & Johnson, Procyon Corp, BSN Medical GmbH, HB Fuller Company, Altergon Italia, AMBU, and The Cooper Companies. 

  6. Key Benefits For Stakeholders • This report provides an extensive analysis of the current market trends and future estimations of the world hydrogel market. • The world hydrogel market scenario is comprehensively analyzed in accordance to the raw material type, composition, form, product, and end users of hydrogels. • The market estimations in this report are based on high-end analysis of the key developments for 2015 - 2022. • Recent developments, key manufacturers, market shares, and upcoming products have been listed in this report to analyze the competitive scenario of the market. • The scenario beyond 2022 until 2027 has been explained through contingent patterns based on moderate, rapid, and slow growth rates of the market. 

  7. Hydrogel Market North America Europe Asia-Pacific LAMEA

  8. Hydrogel Market Thank You! For More Details Visit us at https://www.alliedmarketresearch.com/request-sample/1399 Follow Us On

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