Home > Healthcare > Pharmaceuticals > Hydrogel Market
Hydrogel Market size accounted for USD 12.3 billion in 2022 and is estimated to grow at 6.5% to reach USD 22.8 billion by 2032 due to the increasing demand for advanced wound healing products.
This demand is driven by factors such as the expanding aging population, a growing incidence of chronic wounds, and a strong focus on achieving superior healing outcomes. Furthermore, hydrogels, with their moisture-retaining properties, ease of application, and ability to facilitate wound healing are becoming preferred choices in advanced wound care.
A hydrogel is a three-dimensional network of hydrophilic polymer chains that can absorb and retain a significant amount of water or biological fluids while maintaining a solid-like structure. Hydrogels have diverse applications in the medical field, including wound healing, drug delivery systems, tissue engineering, contact lenses, and ophthalmic devices.
Report Attribute | Details |
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Base Year: | 2022 |
Hydrogel Market Size in 2022: | USD 12.3 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 6.5% |
2032 Value Projection: | USD 22.8 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 341 |
Segments covered: | Raw Material Type, Composition, Form, Application, Route of Administration, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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