Hydrogel Market Synopsis

Hydrogel Market Size Was Valued at USD 23584.17 Million in 2023 and is Projected to Reach USD 42348.00 Million by 2032, Growing at a CAGR of 6.72% From 2024-2032.

Hydrogels are addressed as the class of regular/ engineered polymeric substances that can hold enormous measures of water as a result of their particular structures and ensuing growing properties. In light of this capacity, they established a wide assortment of utilizations, and on account of the likelihood of adjusting the polymeric structure to acquire desired usefulness, the territories of uses are quickly extending.

• They may be structured so they may react with particular parameters comprising pH, temperature, light, and so on at a preferred stage and hence be receptive. Amongst the stunning attributes, biocompatibility and biodegradability developed them a ground-breaking possibility to utilize in natural and ecological implementation as inserts or substances for evacuation of dangerous toxins. Likewise, directing hydrogels is regularly a decent decision in structuring and manufacturing supercapacitors, which guarantee the fastest advancements in hardware.

• Because of a biochemical or "physical bridge" of each polymeric chain, hydrogel addresses a Three-Dimensional (3D) framework of hydrophilic polymeric matrix that may expand in ϔŽ‹d and absorb an ample amount of water while maintaining its structure. Hydrogel products are a set of polymer composites with hydrophilic composition that allows them to bind large amounts of water in three-dimensional structures. Widespread use of such objects in a range of new and environmental settings is regarded as crucial. Natural hydrogels were gradually phased out in favor of engineered hydrogels, which have an increased water integration cap, a longer service life, and a wider range of synthetic chemical assets. Hydrogels have been around for a generation and are still used in a variety of methodologies ranging from industrial to normal. The production, characteristics, and applications of hydrogels have been the subject of several specific articles, audits, and monographs. 

Hydrogel Market Trend Analysis

Sustainable applications of environment‑friendly hydrogel

• The development of hydrogel on microbial and fungal development, plant species growth, degradability, and water retention discovered in several studies and special investigations was conducted by Jacoby etal. Dye-containing solutions may be cleaned up based on experimental results, a three-layer artificial neural network structure model to predict and analyse the adsorption process of Congo red dye on graphene oxide or chitosan-polyvinyl alcohol hydrogel. Soybean cellulose residue can help create green magnetic hydrogel to efficiently remove copper ions from wastewater. Carboxymethyl cellulose hydrogel with increased adsorption capacity removed toxic metals from wastewater.
• It is evident that the future of hydrogel research holds tremendous promise. While early studies focused on areas such as tissue and biomedical engineering, the analysis of hydrogels and their related bibliographical references suggests a growing viability of hydrogel research in various other fields. The importance of responsible and safe hydrogel development is paramount con-sidering their diverse applications.
• To advance research in this domain, particular attention should be directed towards the study of polymer-related processes and the sustainable utilisation of hydrogels, particularly in enhancing absorption capaci-ties for wastewater treatment to protect the water resources on the planet. Looking ahead to future research on hydrogel development, we identified three crucial focal points. First, considering escalating environmental concerns, research is expected to increasingly focus on biodegradable and highly efficient superabsorbent polymers. Second, the integration of superabsorbent polymers into wastewater treatment pro-cesses promises to enhance environmental management. Finally, the performance of synthetic superabsorbent polymers can be further improved by combining mono-mers and polymers derived from bio-based sources.

Technological advancements and demand in various industries

• The hydrogel industry is set to expand due to tech improvements and rising demand in diverse sectors. Advancements in biomedical applications for expansion opportunities include drug delivery systems, wound care, and tissue engineering. Stimuli-sensitive hydrogels have the potential to enhance targeted drug delivery, hydrogel dressings can promote wound healing, and utilizing hydrogels in 3D bioprinting may transform organ and tissue regeneration.

• Hydrogel skincare products such as masks and moisturizers are in high demand in the personal care industry for their cooling and calming properties. Superabsorbent hydrogel polymers enhance absorption in diapers and hygiene products, leading to the development of fresh market sections. Hydrogels in agriculture increase soil water retention to boost crop productivity in regions susceptible to drought. They also assist in the treatment of wastewater by eliminating pollutants such as heavy metals and dyes.
• Current advancements in up-and-coming technologies are centered on the progress of smart hydrogels and nanocomposite hydrogels. Intelligent hydrogels react to outside influences and are used in drug delivery, robotics, and sensors. Hydrogels with nanoparticles, known as nanocomposite hydrogels, improve mechanical properties and conductivity to be utilized in advanced technology applications. The contact lens industry is seeing an increased need for better comfort, performance, and specialized lenses to meet different vision issues and customer preferences.
• Positive regulations concerning medical devices and pharmaceuticals can help with the implementation of hydrogel-based products. Growth opportunities are available in emerging markets across Asia-Pacific, Latin America, and Africa. Progress in medical uses, beauty items, and environmental remedies are fueling significant expansion in the hydrogel industry due to growing market demand and progress.

Hydrogel Market Segment Analysis:

Hydrogel Market Segmented on the basis of Source, Composition, Source, Preparation Techniques, Application.

By Source, Synthetic Segment Is Expected to Dominate the Market During the Forecast Period

• The manufacture of synthetic hydrogels benefits from being able to scale up production and cost-effectively utilize industrial processes and readily available raw materials for mass production. Manipulating the porosity, mechanical strength, and degradation rates of synthetic hydrogels allows for customization to meet specific requirements.
• Artificial hydrogels provide dependable quality and purity, lessening variations in important uses such as biomedical devices and pharmaceuticals. Artificial hydrogels are adaptable and practical, able to include various functional groups and react to particular stimuli, making them perfect for advanced uses.
• Artificial hydrogels such as PEG and PVA are compatible with living organisms and safe, which is why they are suitable for medical and pharmaceutical purposes. Artificial hydrogels offer increased longevity and reliability compared to their natural counterparts, which makes them well-suited for extended usage across a range of applications.
• Tailored artificial hydrogels are fueling creativity in different sectors such as environmental engineering, agriculture, and consumer goods. Continuous studies in polymer chemistry are broadening the potential of artificial hydrogels, ensuring their continued high demand. Synthetic hydrogels' dominance in the market is due to their versatility, reliability, and wide range of applications. Synthetic hydrogels dominate market due to their beneficial characteristics and wide range of uses.

By Application, Drug Delivery Segment Held the Largest Share In 2023

• Hydrogels are utilized for a range of purposes, including drug delivery, dye and heavy metal elimination, contact lenses, pH sensors, personal care, and agriculture. Yet, drug delivery is the primary use as hydrogels can offer regulated release mechanisms. This enables continuous and focused administration, enhancing treatment effectiveness and minimizing side effects.
• Hydrogels like PEG and PVA are biocompatible and non-toxic, ideal for medical use. They can absorb water, aiding drug diffusion, and deliver both hydrophilic and hydrophobic drugs effectively. Hydrogels can react to pH, temperature, and enzymes in the body, allowing for precise drug delivery to specific locations. They are available in a range of forms including nanoparticles, microparticles, films, and injectable gels, allowing them to be used in different drug delivery systems.
• Hydrogels shield delicate medications from breaking down and enhance durability. Injectable formulations provide a less invasive method for delivering drugs, which is advantageous for patients who require ongoing treatment or have chronic illnesses. Hydrogels are highly effective in drug delivery due to their precise and focused treatment, ability to work well with the body, diverse options for administration, and advantages in keeping drugs safe. Their cutting-edge offerings in the medical and pharmaceutical sectors establish them as a top contender.

Hydrogel Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast Period

• Investments in medical technology and infrastructure are increasing in the healthcare industry in Asia Pacific, with the use of hydrogels for a range of applications. Hydrogels play a crucial role in agriculture by enhancing soil moisture retention and increasing crop productivity, particularly in countries across the Asia Pacific region such as China and India.
• The rise of the middle class and increased disposable incomes drive the demand for consumer products such as diapers, contact lenses, and hygiene items utilizing hydrogel technology. Both Japan and South Korea are making significant investments in research and development for hydrogel technology and new products, which is fueling innovation in both industries.
• The Asia Pacific region has a robust manufacturing foundation for hydrogels because of efficient supply chains and cost benefits, which makes it attractive for manufacturing and exporting. Partnerships between universities, research institutions, and companies in the Asia Pacific region are accelerating innovation and expediting the commercialization of hydrogel applications. Asia Pacific is the leader in the hydrogel market because of the economic growth and industrial expansion in countries such as China, Japan, South Korea, and India. Quick industrial growth and urban expansion fuel the need for hydrogels in industries such as healthcare, agriculture, and consumer goods throughout the area.

Hydrogel Market Active Players

• 3M Company (US)
• Cardinal Health (US)
• CooperVision (US)
• Smith & Nephew (UK)
• Johnson & Johnson (US)
• Paul Hartmann (Germany)
• Medline Industries (US)
• Essity (Sweden)
• The Cooper Companies (US)
• B. Braun Melsungen (Germany)
• Ashland (US)
• Procyon Corporation (US)
• Momentive Performance Materials (US)
• Derma Sciences (US)
• Molnlycke Health Care (Sweden)
• Coloplast (Denmark)
• Ocular Therapeutix (US)
• Convatec Inc. (UK)
• Integra LifeSciences Corporation (US)
• Royal DSM (Netherlands)
• Dow Corning Corporation (US)
• Evonik Industries (Germany)
• Cosmo Bio USA (US)
• MPM Medical (US)
• Gentell (US)
• Alliqua Biomedical (US)
• AMERX Health Care Corporation (US)
• Nexgel (US)
• AUL HARTMANN AG (Germany)
• BSN Medical GmbH (Germany)
• BioCat GmbH (Germany)
• ConvaTec Group (UK)
• Hollister (US)
• AMBU (Denmark) and Other Active Players

Key Industry Developments in the Hydrogel Market:

• In Apr 2024, IISc researchers design novel hydrogel to remove microplastics from water. It can bind the contaminants and degrade them using UV light irradiation. The sustainable hydrogel designed by the researchers has a unique intertwined polymer network that can bind the contaminants and degrade them using UV light irradiation. Scientists have previously tried using filtering membranes to remove microplastics. However, the membranes can become clogged with these tiny particles, rendering them unsustainable.
• In Mar 2024, Innovative plasma-activated hydrogel dressings revolutionize chronic wound care. An effective treatment for chronic wounds that does not involve antibiotics, but an ionized gas to activate a wound dressing, has been developed by a team of international scientists. Researchers from the University of Sheffield and University of South Australia, who led the study, believe the new method is a significant advance in tackling antibiotic resistance pathogens and has the potential to change the treatment of diabetic foot ulcers and internal wounds.
• In Jan 2024, Boston Scientific Continues Buying Spree with $3.7B Axonics Acquisition. Medical device giant Boston Scientific added to its string of recent acquisitions by announcing its plan to buy Axonics, a maker of neurostimulation devices that treat urinary and bowel dysfunction, for $3.7 billion. Experts agree that this deal will make a profitable impact on Boston Scientific’s urology business.

1. INTRODUCTION
   1. RESEARCH OBJECTIVES
   2. RESEARCH METHODOLOGY
   3. RESEARCH PROCESS
   4. SCOPE AND COVERAGE
      1. Market Definition
      2. Key Questions Answered
   5. MARKET SEGMENTATION
2. EXECUTIVE SUMMARY
3. MARKET OVERVIEW
4. GROWTH OPPORTUNITIES BY SEGMENT
5. MARKET LANDSCAPE
   1. PORTER’S FIVE FORCES ANALYSIS
      1. Bargaining Power of Supplier
      2. Threat Of New Entrants
      3. Threat Of Substitutes
      4. Competitive Rivalry
      5. Bargaining Power Among Buyers
   2. INDUSTRY VALUE CHAIN ANALYSIS
   3. MARKET DYNAMICS
      1. Drivers
      2. Restraints
      3. Opportunities
      4. Challenges
   4. MARKET TREND ANALYSIS
   5. REGULATORY LANDSCAPE
   6. PESTLE ANALYSIS
   7. PRICE TREND ANALYSIS
   8. PATENT ANALYSIS
   9. TECHNOLOGY EVALUATION
   10. MARKET IMPACT OF THE RUSSIA-UKRAINE WAR
       1. Geopolitical Market Disruptions
       2. Supply Chain Disruptions
       3. Instability in Emerging Markets
   11. ECOSYSTEM
6. HYDROGEL MARKET BY SOURCE (2017-2032)
   1. HYDROGEL MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. NATURAL
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors and Opportunities
      5. Geographic Segmentation Analysis
   4. SYNTHETIC
7. HYDROGEL MARKET BY COMPOSITION (2017-2032)
   1. HYDROGEL MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. HOMO-POLYMERIC HYDROGELS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4.  CO-POLYMERIC HYDROGELS
   5. MULTI-POLYMER INTERPENETRATING POLYMERIC HYDROGELS
8. HYDROGEL MARKET BY FORM (2017-2032)
   1. HYDROGEL MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. AMORPHOUS
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. CRYSTALLINE
   5. SEMI-CRYSTALLINE
9. HYDROGEL MARKET BY PREPARATION TECHNIQUES (2017-2032)
   1. HYDROGEL MARKET SNAPSHOT AND GROWTH ENGINE
   2. MARKET OVERVIEW
   3. BULK POLYMERIZATION
      1. Introduction And Market Overview
      2. Historic And Forecasted Market Size in Value (2017-2032F)
      3. Historic And Forecasted Market Size in Volume (2017-2032F)
      4. Key Market Trends, Growth Factors And Opportunities
      5. Geographic Segmentation Analysis
   4. GRAFTING TECHNIQUE
   5. POLYMERIZATION BY USING IRRADIATION
10. HYDROGEL MARKET BY APPLICATION (2017-2032)
    1. HYDROGEL MARKET SNAPSHOT AND GROWTH ENGINE
    2. MARKET OVERVIEW
    3. DRUG DELIVERY
       1. Introduction And Market Overview
       2. Historic And Forecasted Market Size in Value (2017-2032F)
       3. Historic And Forecasted Market Size in Volume (2017-2032F)
       4. Key Market Trends, Growth Factors And Opportunities
       5. Geographic Segmentation Analysis
    4. REMOVAL OF DYES AND HEAVY METALS
    5. CONTACT LENSES
    6. PH SENSORS
    7. PERSONAL CARE
    8. AGRICULTURAL
11. COMPANY PROFILES AND COMPETITIVE ANALYSIS
    1. COMPETITIVE LANDSCAPE
       1. Competitive Benchmarking
       2. Hydrogel Market Share By Manufacturer (2023)
       3. Industry BCG Matrix
       4. Heat Map Analysis
       5. Mergers & Acquisitions
    2. 3M COMPANY (US)
       1. Company Overview
       2. Key Executives
       3. Company Snapshot
       4. Role of the Company in the Market
       5. Sustainability and Social Responsibility
       6. Operating Business Segments
       7. Product Portfolio
       8. Business Performance (Production Volume, Sales Volume, Sales Margin, Production Capacity, Capacity Utilization Rate)
       9. Key Strategic Moves And Recent Developments
       10. SWOT Analysis
    3. CARDINAL HEALTH (US)
    4. COOPERVISION (US)
    5. SMITH & NEPHEW (UK)
    6. JOHNSON & JOHNSON (US)
    7. PAUL HARTMANN (GERMANY)
    8. MEDLINE INDUSTRIES (US)
    9. ESSITY (SWEDEN)
    10. THE COOPER COMPANIES (US)
    11. B. BRAUN MELSUNGEN (GERMANY)
    12. ASHLAND (US)
    13. PROCYON CORPORATION (US)
    14. MOMENTIVE PERFORMANCE MATERIALS (US)
    15. DERMA SCIENCES (US)
    16. MOLNLYCKE HEALTH CARE (SWEDEN)
    17. COLOPLAST (DENMARK)
    18. OCULAR THERAPEUTIX (US)
    19. CONVATEC INC. (UK)
    20. INTEGRA LIFESCIENCES CORPORATION (US)
    21. ROYAL DSM (NETHERLANDS)
    22. DOW CORNING CORPORATION (US)
    23. EVONIK INDUSTRIES (GERMANY)
    24. COSMO BIO USA (US)
    25. MPM MEDICAL (US)
    26. GENTELL (US)
    27. ALLIQUA BIOMEDICAL (US)
    28. AMERX HEALTH CARE CORPORATION (US)
    29. NEXGEL (US)
    30. AUL HARTMANN AG (GERMANY)
    31. BSN MEDICAL GMBH (GERMANY)
    32. BIOCAT GMBH (GERMANY)
    33. CONVATEC GROUP (UK)
    34. HOLLISTER (US)
    35. AMBU (DENMARK) AND OTHER ACTIVE PLAYERS
12. GLOBAL HYDROGEL MARKET BY REGION
    1. OVERVIEW
    2. NORTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Source
       4. Historic And Forecasted Market Size By Composition
       5. Historic And Forecasted Market Size By Source
       6. Historic And Forecasted Market Size By Preparation Techniques
       7. Historic And Forecasted Market Size By Application
       8. Historic And Forecasted Market Size By Country
          1. USA
          2. Canada
          3. Mexico
    3. EASTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Russia
          2. Bulgaria
          3. The Czech Republic
          4. Hungary
          5. Poland
          6. Romania
          7. Rest Of Eastern Europe
    4. WESTERN EUROPE
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Germany
          2. United Kingdom
          3. France
          4. The Netherlands
          5. Italy
          6. Spain
          7. Rest Of Western Europe
    5. ASIA PACIFIC
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. China
          2. India
          3. Japan
          4. South Korea
          5. Malaysia
          6. Thailand
          7. Vietnam
          8. The Philippines
          9. Australia
          10. New-Zealand
          11. Rest Of APAC
    6. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    7. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
13. INVESTMENT ANALYSIS
14. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies
       1. 1. Thailand
          2. Vietnam
          3. The Philippines
          4. Australia
          5. New-Zealand
          6. Rest Of APAC
    3. MIDDLE EAST & AFRICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Turkey
          2. Bahrain
          3. Kuwait
          4. Saudi Arabia
          5. Qatar
          6. UAE
          7. Israel
          8. South Africa
    4. SOUTH AMERICA
       1. Key Market Trends, Growth Factors And Opportunities
       2. Key Manufacturers
       3. Historic And Forecasted Market Size By Segments
       4. Historic And Forecasted Market Size By Country
          1. Brazil
          2. Argentina
          3. Rest of South America
15. INVESTMENT ANALYSIS
16. ANALYST VIEWPOINT AND CONCLUSION
    1. Recommendations and Concluding Analysis
    2. Potential Market Strategies