Hydrogel Dressing Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR40726
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The hydrogel dressing market size has the potential to grow by USD 123.56 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.30%. 

This report provides a detailed analysis of the market by product (amorphous hydrogel dressings, impregnated hydrogel dressings, and hydrogel sheet dressings), geography (North America, Europe, Asia, and ROW), and key vendors. 

Market Overview

Hydrogel-Dressing-Market-Market-Size-2020-2025

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Market Competitive Analysis

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 AS
  • ConvaTec Group Plc
  • Integra LifeSciences Corp.
  • Lohmann & Rauscher GmbH & Co. KG
  • McKesson Corp.
  • Medline Industries Inc.
  • Smith & Nephew Plc

 

The hydrogel dressing market is fragmented and the vendors are deploying growth strategies such as R&D  to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as increasing prevalence of chronic wounds to achieve growth opportunities. However, factors such as high cost of wound care products and wound treatments will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the hydrogel dressing market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This hydrogel dressing market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Hydrogel Dressing Market: Key Drivers and Trends

  • Hydrogels are highly preferred for the treatment of burn injuries as it has several properties, which makes them ideal for facilitating and accelerating the healing of burn injuries.
  • It can facilitate autolytic debridement of necrotic tissue, which aids regeneration and reduces the risk of hypertrophic scarring and infection.
  • The application of hydrogel dressings with antimicrobial agents such as honey and silver can significantly enhance wound closure.
  • These can also absorb large wound exudates and hence, reduce the need for multiple painful dressing changes.
  • Such advantages of hydrogel dressings in the treatment of burn injuries will significantly influence the growth of the hydrogel dressings market size over the forecast period.
  • Combination dressings combine physically distinct components into a single dressing to provide multiple wound care functions, such as absorption, adhesion, and protection from bacteria.
  • Combination dressing products help to avoid the contact of gel with microorganisms and is an effective barrier to bacterial penetration.
  • Honey-based hydrogel dressing is another combination dressing that provides a soothing and cooling effect on the application and hydrates the wound for an extended duration.
  • The growing awareness about the clinical benefits of combination dressings is one of the key hydrogel dressings market trends.

 

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Hydrogel Dressing Market: Segmentation by Geography

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45% of the market’s growth will originate from North America during the forecast period. The US is one of the key markets for hydrogel dressing in North America. Market growth in this region will be slower than the growth of the market in other regions.

The availability of advanced healthcare infrastructure is one of the prime factors that will facilitate the hydrogel dressing market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Hydrogel Dressing Market: Segmentation by Product

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Amorphous hydrogel dressings are glycerin-and water-based dressings that provide moisture to dry wounds and maintain a moist healing environment. Moreover, they also provide excellent stability and exudate absorption and allow controlled moisture delivery. Hence, the market segment will exhibit a fast growth rate during the forecast period.

However, the post COVID-19 impact has brought forth a slowdown in the segment for the service. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the hydrogel dressing market size.

 

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Hydrogel Dressing Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive hydrogel dressing market growth during the next five years
  • Precise estimation of the hydrogel dressing market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the hydrogel dressing industry across North America, Europe, Asia, and ROW
  • 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

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Research Framework

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.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The hydrogel dressing market growth will increase by $123.56 million during 2020-2025.
The hydrogel dressing market is expected to grow at a CAGR of 6.30% during 2020-2025.
Technavio has segmented the hydrogel dressing market by product (Amorphous hydrogel dressings, Impregnated hydrogel dressings, and Hydrogel sheet dressings) and geographic (North America, Europe, Asia, and ROW).
3M Co., B. Braun Melsungen AG, Cardinal Health Inc., Coloplast AS, ConvaTec Group Plc, Integra LifeSciences Corp., Lohmann & Rauscher GmbH & Co. KG, McKesson Corp., Medline Industries Inc., Smith & Nephew Plc are a few of the key vendors in the hydrogel dressing market.
North America will register the highest growth rate of 44.58% among the other regions. Therefore, the hydrogel dressing market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the hydrogel dressing market growth are:
  • Increasing prevalence of chronic wounds
The hydrogel dressing market vendors should focus on grabbing business opportunities from the amorphous hydrogel dressings segment as it accounted for the largest market share in the base year.
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