Hydrogels Global Market to Reach $19.6 Billion by 2030: Consumer Adoption of Hydrogel Contact Lenses Bodes Well for Growth

Dublin, April 13, 2023 (GLOBE NEWSWIRE) -- The "Hydrogels: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Hydrogels estimated at US$13.4 Billion in the year 2022, is projected to reach a revised size of US$19.6 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030.

Natural, one of the segments analyzed in the report, is projected to record a 4.1% CAGR and reach US$5.9 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Synthetic segment is readjusted to a revised 5.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.3 Billion, While China is Forecast to Grow at 6.7% CAGR

The Hydrogels market in the U.S. is estimated at US$3.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.1 Billion by the year 2030 trailing a CAGR of 6.7% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.9 Billion by the year 2030.

Select Competitors (Total 59 Featured) -

• 3M Company
• Alliqua BioMedical, Inc.
• Ashland, Inc.
• B. Braun Melsungen AG
• BSN Medical GmbH
• Cardinal Health, Inc.
• Coloplast A/S
• ConvaTec, Inc.
• Cosmo Bio Co., Ltd.
• Derma Sciences, Inc.
• Evonik Industries AG
• Gentell Corporation
• Hollister, Inc.
• Johnson & Johnson
• Medline Industries, Inc.
• Medtronic PLC
• Molnlycke Health Care
• Momentive Performance Materials, Inc.
• MPM Medical LLC
• Ocular Therapeutix, Inc.
• Paul Hartmann AG
• Procyon Corporation
• Royal DSM NV
• Smith & Nephew PLC

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Attributes:

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• Impact of Covid-19 and a Looming Global Recession
• Expanding Applications and Product Innovations Spur Growth in the Global Hydrogel Market
• Emerging Economies to Post Strong Growth
• Industry Witnesses Rise in Demand for Synthetic Hydrogels
• Synthetic Hydrogels by Polymer Type: A Snapshot
• Hydrogels - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Innovations Expand Addressable Market for Hydrogels
• Rise in Incidence of Chronic Diseases and High Treatment Costs Drive Demand for Hydrogel Dressings for Wound Healing
• Global Prevalence of Wounds
• Global Wound Care Market: Percentage Breakdown of Spending by Wound Type
• Personal Care Product: An Evolving Niche Market
• Global Skin Care Market Size in US$ Billion for the Years 2019, 2021, 2023 and 2025
• Consumer Adoption of Hydrogel Contact Lenses Augurs Well for Market Growth
• Global Contact Lens Fits by Category (In %): 2019
• Hydrogels Evolve as Emerging Alternative for Food Packaging
• Agriculture Sector Depicts Strong Growth Potential
• Global Water Utilization: Percentage Share Breakdown for Agricultural Practices, Industrial Processes, and Domestic Usage
• Rising Concerns over Polluting Water Resources: An Opportunity for Hydrogels Market
• Need for Wastewater Treatment Presents Opportunity for Hydrogels: Percentage of Wastewater Treated in Europe, Asia, Latin America, and Africa
• Growing Emphasis on Sustainability and Positive Impact on Hydrogels
• Growth in Biomedical Applications of Hydrogels
• Hydrogels for Cartilage Regeneration
• Growing Need for Targeted Controlled Drug Delivery (TCDD) Drives Importance of Hydrogels
• Hydrogel Nanoparticles: The New Hydrogels for Drug Delivery
• Evaporative Cooling Hydrogel Packaging: Increasing Storage Stability of Pharmaceuticals
• Growing Focus on Baby Hygiene Products Spells Steady Growth Opportunities for Hydrogels
• Annual Usage of Baby Disposable Diapers Per Infant by Region (Age upto 2.5 years)
• Global New Births (in Millions) per Annum by Geographic Region
• World Fertility Rate in % by Region (2013 & 2050F)
• Increased Demand for Feminine Hygiene Products
• Global Female Population by Geographic Region: Percentage Breakdown by Region for 2018
• Number of Menstruating Women Worldwide by Country: 15-49 Years Female Population (in Millions) for 2013 & 2025P
• Aging Population and the Associated Complications Drive the Demand for Hydrogel
• Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
• Rise in Demand for Novel Hydrogel Dressings for Wound Healing Propels Innovations
• PRODUCT OVERVIEW
• Hydrogel
• Types of Hydrogel
• Natural Hydrogels
• Select Natural Hydrogels: Advantages and Disadvantages
• Synthetic Hydrogels
• Select Synthetic Hydrogels: Advantages and Disadvantages
• Hybrid Hydrogels

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/hq06jl

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Attachment

• Global Market for Hydrogels