Hydrogel Dressing Market in Europe by Product and Geography - Forecast and Analysis 2020-2024
- Published: Jan 2020
- Pages: 150
- SKU: IRTNTR40887
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The hydrogel dressing market size in Europe has the potential to grow by USD 35.17 million during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by product (amorphous hydrogel dressings, impregnated hydrogel dressings, and hydrogel sheet dressings) and geography (Germany, UK, France, and Rest of Europe). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including 3M Co., B. Braun Melsungen AG, Cardinal Health Inc., Coloplast Group, ConvaTec Group Plc, Integra LifeSciences Holdings Corp., Lohmann & Rauscher GmbH & Co. KG, McKesson Corp., Medline Industries Inc., and Smith & Nephew Plc.
Hydrogel Dressing Market Size in Europe
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Who are the Major Hydrogel Dressing Market Vendors in Europe?
This hydrogel dressing market analysis report of Europe provides information on the production, sustainability, and prospects of several leading companies, including:
- 3M Co.
- B. Braun Melsungen AG
- Cardinal Health Inc.
- Coloplast Group
- ConvaTec Group Plc
- Integra LifeSciences Holdings Corp.
- Lohmann & Rauscher GmbH & Co. KG
- McKesson Corp.
- Medline Industries Inc.
- Smith & Nephew Plc
The market is fragmented, and the degree of fragmentation will increase during the forecast period. The increasing initiatives by public organizations and ongoing healthcare reforms in France are expected to create ample growth opportunities for vendors in the hydrogel dressing market in Europe. This hydrogel dressing market forecast report of Europe provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies.
Market drivers such as the strong prevalence of pressure ulcers will create immense growth opportunities for vendors. However, challenges such as regional and political uncertainties may impede the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Which are the Key Markets for Hydrogel Dressing in Europe?
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Germany was the largest hydrogel dressing market in Europe in 2019, and the country will offer several growth opportunities to market vendors during the forecast period. Favorable demographic changes, increasing awareness about advanced wound care products, and growing demand for various healthcare products will significantly influence hydrogel dressing market growth in Germany.
Over 26% of the market’s growth will originate from Germany during the forecast period. Market growth in this region will be faster than the growth of the market in France.
What are the Major Product Segments in the Hydrogel Dressing Market in Europe?
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Amorphous hydrogel dressings are free-flowing, provide excellent stability, exudate absorption properties, allow the controlled delivery of moisture, and can fill deep wounds having irregular contours. The easy availability, increasing prevalence of deep wounds, and rising awareness about the clinical benefits of amorphous hydrogel dressings are some of the factors fueling the growth of the hydrogel dressings market in this segment.
Market growth in this segment will be faster than the growth of the market in the impregnated hydrogel dressings and hydrogel sheet dressings segments. This report provides an accurate prediction of the contribution of all the segments to the growth of the hydrogel dressing market size in Europe.
What are the Key Hydrogel Dressing Market Drivers and Trends in Europe?
The strong prevalence of pressure ulcers will be a significant factor in driving the growth of the hydrogel dressing market in Europe. People who are bed-ridden for a long time are highly prone to pressure ulcers caused due to continuous pressure on the skin. The prevalence of pressure ulcers is especially high among hospitalized patients. The rising geriatric population who suffer from incontinence and other disease co-morbidities will also increase the prevalence of pressure ulcers. With rising prevalence of pressure ulcers in the elderly population and hospitalized patients in Europe, the demand for appropriate protective aids for treatment, such as hydrogel dressings, will also increase.
- The mechanical cutting and debridement required during dressing changes can cause pain, traumatize newly formed tissues, and delay the wound healing process, especially burn injuries.
- Researchers are focusing on the development of novel and effective strategies, such as self-dissolvable dressings that facilitate wound healing.
- Hydrogels can help in tissue adhesion, water absorption, and dissolve on-demand through physical or chemical reactions.
- The advances in on-demand dissolvable hydrogel dressings, which is one of the critical hydrogel dressing market trends, will lead to novel mechanisms of dissolution and thereby widen the applications of hydrogel dressings.
- During 2020-2024, the hydrogel dressing market will grow at a CAGR of over 6%.
Key Highlights of the Hydrogel Dressing Market Report of Europe for 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive hydrogel dressing market growth in Europe during the next five years
- Precise estimation of the hydrogel dressing market size in Europe and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of hydrogel dressing market vendors in Europe
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Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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