Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

Rapid self-healing gel market research report by crosslinking type (physical, chemical), by application (wound healing, drug delivery, tissue engineering, 3D printing, and others), and by region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa) - Forecast till 2030


ID: MRFR/CnM/9575-HCR | 110 Pages | Author: Anshula Mandaokar| May 2024

Rapid Self-healing Gel Market Overview


The global Rapid Self-healing Gel market is projected to witness significant growth during the forecast period 2022‚Äď2030. In 2021, the global market was valued at USD 205.29 Million. This number is expected to reach USD 414.7 Million, with a CAGR of 8.42% by the end of 2030. The Increasing demand for tissue engineering primarily drives the global Rapid Self-healing Gel market.


Rapid self-healing gel is a type of polymer hydrogel that is a cross-network of polymers linked to each other via physical or chemical interactions such as hydrogen bonding, ionic interactions, and others between the unit polymers. Because of their extremely high hydrating ability, these gels have elasticity, sensitivity, and permeability. Furthermore, these gels can maintain their three-dimensional structure despite environmental changes such as mechanical and physical damage. Such rapid self-healing gel properties allow the hydrogel to mimic flesh/skin, allowing researchers to use self-healing gels in various biomedical applications such as tissue engineering, wound healing, drug delivery, cosmetology, and others.


COVID-19 Impact on the Rapid Self-healing Gel Market:


The Rapid Self-healing Gel market declined in 2021 due to the COVID-19 pandemic. This deadly virus has adversely affected the globe, especially the North American and European regions. To prevent the further spread of this virus, companies have shut down their operations and manufacturing facilities, and the government restricted production activities. This has reduced the consumption of Rapid Self-healing Gel across all industries. But currently, there are no restrictions, and the spread of the virus is also controlled. The impact of the coronavirus (COVID-19) pandemic had limited the raw materials supply required for self-healing gel manufacturing during the pandemic.  As a result, the COVID-19 pandemic is expected to hinder the growth of the rapid self-healing gel market. Therefore, industries are developing and creating healthy competition for the Rapid Self-healing Gel market.


Market Dynamics


Drivers

  • The rising cases of trauma and chronic wound: Rising trauma and chronic wound cases are expected to drive growth in the global rapid self-healing gel market during the forecast period. According to an article published in Ecronicon, chronic wounds affect 6% of the global population, with the geriatric population being the most affected. Furthermore, an increase in the R&D for improving the effectiveness of rapid self-healing gel is expected to boost the market growth over the forecast period. According to the United States National Library of Medicine, 553 clinical trials involving hydrogels have been identified, with 73 currently underway.

  • The rising R&D activities: Rising R&D activities may aid in the development of new rapid self-healing gels, which are expected to drive the global rapid self-healing gel market during the forecast period. Researchers at the National University of Singapore made a breakthrough in the self-healing gel domain, according to a Nature Scientific Journal article, by developing a water-resistant hydrogel that heals itself in the face of mechanical stress.. This self-healing gel is made of fluorine-based polymer and resembles jellyfish skin. Traditional self-healing gels lacked water resistance, limiting their use in electrical applications.This fluorine-based self-healing gel overcomes the limitations of conventional self-healing gels, allowing it to create aquatic soft robots and water-resistant mobile screens.


Restraints

  • Unstable cost of raw materials: The primary raw materials used for the synthesis of rapid self-healing gel are Polyethylene glycol(PEG) polymers, and Poly (2-hydroxyethyl methacrylate) (PHEMA) hydrogels can be combined with rosette nanotubes (RNTs).The petroleum derivatives serve as the base monomer of hydrogel or rapid self-healing gel. Any fluctuation in polypropylene prices will impact the prices of polymers used to prepare rapid self-healing gel. The global rapid self-healing gel market's growth may be hampered by changing raw material costs for the polymerization of self-healing gel and the side effects associated with hydrogel treatment.


Opportunity

  • Increasing product launches and approvals: Market participants are expanding their global presence by acquiring other companies to improve distribution; this is expected to drive the growth of the rapid global self-healing gel market. For example, in 2019, Cardinal Health, a U.S. healthcare company, acquired Mirixa Corporation, a provider of American healthcare services. By standardizing delivery and billing for their products, Cardinal Health will be able to provide a better user experience to their customers.


Segmentation


By Crosslinking Type



  • Physical

  • Chemical


By Application



  • Wound Healing

  • Drug Delivery

  • Tissue Engineering

  • 3D Printing

  • Others


By Region



  • North America

  • Europe

  • Asia-Pacific

  • Latin America

  • Middle East & Africa


Regional Analysis


North America is expected to dominate the global rapid self-healing gel market over the forecast period because of the rising incidence of chronic wounds. For example, according to Ecronicon, approximately 2.5 million people in the United States suffer from pressure ulcers yearly. This is expected to drive rapid self-healing gel market growth in North America.


Asia-Pacific accounted for approximately 15% of the total industry size and is expected to register a CAGR close to 7.5% during the forecast period. High R&D investment and a surge in demand for specialty medical products in the pharmaceutical and healthcare industries will significantly impact product demand, triggering a rapid growth of the self-healing gel market in the region shortly.


Competitive Landscape


In the competitive landscape, the report analyses the degree of competition among the industry players, industry growth, and market scenario. The global rapid self-healing gel market is growing in terms of market value and overall volume. Over the past few years, the Rapid Self-healing Gel market has witnessed a healthy demand due to an increasing number of cases of trauma and chronic wound. Nevertheless, the degree of competition among the market players is still less due to limited market players across the globe. The global market for rapid self-healing gel is fragmented. The players in the market are adopting various strategies such as partnerships, joint ventures, and product launches, propelling rapid self-healing gel market growth.


Cardinal Health, Katecho, Scapa Healthcare, Alliqua Biomedical, Advanced Medical Solutions, Axelgaard, Contura, and Hydromer are the major shareholders in the global rapid self-healing gel market.


Report Overview:


The report segments the rapid self-healing gel market by crosslinking type, application, and region. In terms of insights, this report has focused on various levels of analysis such as market dynamics, value chain analysis, Porter's five forces, competitive landscape, and company profiles‚ÄĒall of which comprise and discuss views on the global rapid self-healing gel emerging and fast-growing segments, regions, and countries.


Objectives of the Study



  • To get a comprehensive overview of the global rapid self-healing gel market

  • To get wide-ranging information about the key factors driving the market and market opportunities

  • To gain information regarding the key players in the industry, their product portfolio, strategies, and key developments

  • To gain insights into the key country/region in which the market is growing


Intended Audience



  • Pharmaceutical sector

  • Broadcast sector

  • Biomedical sector

Report Attribute/Metric Details
  Market Size    2030: 414.70 million
  CAGR   8.42% CAGR (2022-2030)
  Base Year    2021
  Forecast Period    2022-2030
  Historical Data    2019-2020
  Forecast Units    Value (USD Million)
  Report Coverage    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Crosslinking Type, Application, and Region
  Geographies Covered   North America, Europe, Asia-Pacific, Latin America, Middle East & Africa
  Key Vendors   Cardinal Health, Katecho, Scapa Healthcare, Alliqua Biomedical, Advanced Medical Solutions, Axelgaard, Contura, and Hydromer
¬†¬†Key Market Opportunities ¬†¬†‚ÄĘ Increasing product launches and approvals
¬†¬†Key Market Drivers ¬†¬†‚ÄĘ The rising cases of trauma and chronic wound ‚ÄĘ The increasing research and development activities


Frequently Asked Questions (FAQ) :

The global rapid self-healing gel market would register a growth of 8.42%.

Tissue engineering will play a crucial role in the rapid self-healing gel market.

The unstable cost of raw materials might be a restraining factor in rapid self-healing gels.

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Purchase Option
Single User $ 4,950
Multiuser License $ 5,950
Enterprise User $ 7,250
Compare Licenses
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.