Hydrogel Market is predicted to reach USD 36 Billion at a CAGR of 8.00% during the forecast period

Pune, India, September 2023, /MRFR Press Release/- Market Research Future Published a Half-Cooked Research Report on Global Hydrogel Market


Market Research Future (MRFR) has published a cooked research report on the “Global Hydrogel Market” that contains information from 2018 to 2030. The Hydrogel market is estimated to register a CAGR of 8.00% during the forecast period of 2023 to 2030.


MRFR recognizes the following companies as the key players in the global Hydrogel market— Johnson & Johnson Private Limited, Cardinal Health, The Cooper Companies, Inc., Dow Corning Corporation, R&D Medical Products Inc, H.B. Fuller Company, NEXGEL, Inc., Axelgaard Manufacturing Co., Ltd., and BSN medical.


Market Highlights


The global Hydrogel market is accounted to register a CAGR of 8.00% during the forecast period and is estimated to reach USD 36 Billion by 2030.


The hydrogel market represents the industry for water-absorbent polymer materials with high water content, used in medical, agriculture, personal care, and drug delivery applications due to their ability to retain water and provide moisture to various substrates.


Segment Analysis


The global Hydrogel market has been segmented based on Type, Form and Application.


On the basis of Type, the market is segmented into Natural, Synthetic and Hybrid. In 2022, the revenue from the hydrogel market was dominated by the synthetic segment. Utilising a variety of synthetic polymers, synthetic hydrogels are created and are frequently utilised in a wide range of applications, including contact lenses, hygiene products, drug administration, and wound care.


Based on Form, the global Hydrogel market has been segmented into Amorphous, Semi Crystalline, Crystalline. The Semi Crystalline segment held the majority share in 2022 of the Hydrogel market revenue. Semi-crystalline hydrogels are a type of hydrogel that possess both amorphous and crystalline regions in their structure.


Based on Application, the global Hydrogel market has been segmented into Agriculture, Health Care and Hygiene, Contact Lenses, Drug Delivery Systems, Tissue Engineering and Others. In 2022, the Health Care and Hygiene category dominated the market. From 2023 to 2030, it is anticipated to develop at a quicker rate. One of the main end-use markets for hydrogels is the healthcare sector, where they are used for tissue engineering, drug delivery, and wound care.


Regional Analysis


The global Hydrogel market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Hydrogel market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Hydrogel market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Hydrogel market comprises of Middle East, Africa, and Latin America.


The Asia-Pacific Hydrogel Market dominated this market in 2022 The Asia Pacific region has a huge population, a growing middle class, and rising healthcare costs. It is a diverse and quickly expanding market. China, Japan, India, and South Korea are some of the region's major markets for hydrogels.


Additionally, The third-largest market share belongs to the hydrogel market in Europe. One of the main factors driving the demand for hydrogels in the area is the presence of an established healthcare system, rising R&D investments, and rising consumer desire for novel goods. The hydrogel market in Germany had the biggest market share, and the hydrogel market in the UK had the quickest rate of expansion in the continent of Europe.


Moreover, From 2023 to 2030, North America's hydrogel market is anticipated to be the largest. One of the key markets for hydrogels is North America. Due to the rising demand for hydrogels in numerous applications, including wound care, drug delivery, and hygiene products, among others, the hydrogel market in the area is expanding significantly. The demand for hydrogels in North America is primarily driven by the presence of a well-developed healthcare infrastructure, rising R&D spending, and an ageing population.


Key Findings of the Study



  • The global Hydrogel market is expected to reach USD 36 Billion by 2032, at a CAGR of 8.00% during the forecast period.

  • The Asia-Pacific Hydrogel Market dominated this market in 2022 The Asia Pacific region has a huge population, a growing middle class, and rising healthcare costs.

  • Based on Type, In 2022, the revenue from the hydrogel market was dominated by the synthetic segment.

  • Johnson & Johnson Private Limited, Cardinal Health, The Cooper Companies, Inc., Dow Corning Corporation, R&D Medical Products Inc, H.B. Fuller Company, NEXGEL, Inc., Axelgaard Manufacturing Co., Ltd., and BSN medical.


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Report details
Base Year 2023
Companies Covered 15
Pages 185
Certified Global Research Member
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