Hydrogel Dressing Market Overview

The report is titled ‘Hydrogel Dressing Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the hydrogel dressing market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market. Hydrogel dressing market is expected to grow at a significant rate in the near future.

The global hydrogel dressing market in 2020 is estimated for more than US$ 359.5 Mn and expected to reach a value of US$ 791.2 Mn by 2028 with a significant CAGR of 10.4%.

Hydrogel Dressing Market Definition

Hydrogel dressing provides a moist environment for wound healing and helps to remove dead tissue from the wound site during healing. Hydrogel dressing is a sheet form that consists of a gel impregnated on the gauze. They also shield the wound site from bacteria and prevent the oxygen from reaching the wound in order to protect the wound site from any infection.

The wound occurs across the entire healthcare continuum and dressings and other advanced wound management products have continuous demand from healthcare providers across the globe.

Hydrogel dressings are very effective in preventing infections in lightly exuding or granulating wounds and thus expected to witness high demand in the global market. According to the international wound journal, 13% of the ulcer wounds that occurred in Europe were found to be infected and require daily dressing changes. Hydrogel dressings however provide an effective option to manage ulcer wounds.

Hydrogel Dressing Market Dynamics

The growing prevalence of chronic wounds creates more demand for hydrogel dressings in the global market. Hydrogel dressings are being used as substitutes for traditional dressings and thus the market for hydrogel dressings is expected to gain traction over the forecast period of 2018-2026.

The increasing prevalence of pressure ulcers, diabetic ulcers, venous stasis ulcers, tinea pedis (athlete’s foot), etc. is the major factor driving the growth of the global hydrogel dressings market over the forecast period.

Moreover, the incidence of sports injuries, accidents, and trauma cases are further expected to supplement the demand for hydrogel dressing products. As per a National Health Statistics report, 8.6 Mn sports and recreational activities-related injuries were reported in the U.S. in 2015.

The number of people participating in sports is also increasing and injuries resulting from these activities are posing important health concerns in the U.S. Development of technologically advanced products for wound management such as the development of stimuli-responsive hydrogels are another factor driving the growth of the hydrogel dressings market.

However, high manufacturing costs and poor awareness in developing countries are the factors expected to hinder the growth of the hydrogel dressings market.

Hydrogel Dressing Market Key Players

The market for hydrogel dressings is fragmented with a few global players accounting for approximately 30% of the global market share. Some of the key players identified in the hydrogel dressings market are 3M Company, Smith & Nephew Plc., Johnson & Johnson, etc. among others.

Hydrogel Dressing Market Segmentation

The global hydrogel dressing market is segmented on the basis of product type, distribution channels, and region. On the basis of product type, the global hydrogel dressing market can be segmented into hydrogel sheets, amorphous hydrogel dressings, and impregnated gauze. On the basis of the distribution channels, the global hydrogel dressing market can be segmented into hospital pharmacies, retail pharmacies, e-commerce, and others.

The global hydrogel dressing market is expected to increase at a significant CAGR over the forecast period owing a number of new FDA approval and the growing penetration of advanced wound management products.

Hydrogel Dressing Market Regional Overview & Analysis

On the basis of region, the global hydrogel dressing market is segmented into six regions namely North America, Latin America, Asia Pacific, Europe, Middle East, and Africa. North America hydrogel dressing market is expected to be the most dominating market throughout the forecast period due to novel strategies adopted by healthcare facilities to monitor wound healing status.

MMC Overview on Hydrogel Dressing Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the Hydrogel Dressing market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth include (but not restricted to):

•    New product designs and launches

•    Current product compliance

•    Reimbursement

•    Concerns for use of Hydrogel Dressing

•    Advantages of Hydrogel Dressing

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at a regional level and in major countries globally for providing regional insights into the product segment in the report. This helps our clients to make an informed decision.

A mix of top-down and bottom-up approach is followed to arrive at and validate our market value estimations. For a product segment wherein one/two manufacturer(s) dominates the market, its product sales, previous growth rates, and market expansion plans are considered to generate market share in the global market.

1.    Global Hydrogel Dressing Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Hydrogel Dressing Market Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Hydrogel Dressing Market Snapshot

2.4.    Global Hydrogel Dressing Market Size and Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Hydrogel Dressing Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Key Regulations

2.7.    Porter’s Five Forces Model

3.    Global Hydrogel Dressing Market, By Product Type

3.1.    Introduction

3.1.1.    Annual Growth Rate Comparison, By Product Type

3.1.2.    BPS Analysis, By Product Type

3.2.    Market Revenue (US$Mn) Forecast, By Product Type

3.2.1.    Hydrogel Sheets

3.2.2.    Amorphous Hydrogel Dressings

3.2.3.    Impregnated Gauze

3.3.    Global Hydrogel Dressing Market Attractiveness Index, By Product Type

4.    Global Hydrogel Dressing Market, By Distribution Channel

4.1.    Introduction

4.1.1.    Annual Growth Rate Comparison, By Distribution Channel

4.1.2.    BPS Analysis, By Distribution Channel

4.2.    Market Revenue (US$Mn) Forecast, By Distribution Channel

4.2.1.    Hospital Pharmacies

4.2.2.    Retail Pharmacies

4.2.3.    E-Commerce

4.2.4.    Others

4.3.    Global Hydrogel Dressing Market Attractiveness Index, By Distribution Channel

5.    Global Hydrogel Dressing Market, By Region

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Region

5.1.2.    BPS Analysis, By Region

5.2.    Market Revenue (US$Mn) Forecast, By Region

5.2.1.    North America

5.2.2.    Latin America

5.2.3.    Europe

5.2.4.    Asia Pacific

5.2.5.    Middle East and Africa

5.3.    Global Hydrogel Dressing Market Attractiveness Index, By Region

6.    North America Hydrogel Dressing Market Analysis and Forecast, 2020–2028

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Country

6.1.2.    BPS Analysis, By Country

6.2.    Market Revenue (US$Mn) Forecast, By Country

6.2.1.    U.S. Hydrogel Dressing Market

6.2.2.    Canada Hydrogel Dressing Market

6.3.    North America Hydrogel Dressing Market, By Product Type

6.3.1.    Hydrogel Sheets

6.3.2.    Amorphous Hydrogel Dressings

6.3.3.    Impregnated Gauze

6.4.    North America Hydrogel Dressing Market, By Distribution Channel

6.4.1.    Hospital Pharmacies

6.4.2.    Retail Pharmacies

6.4.3.    E-Commerce

6.4.4.    Others

6.5.    North America Hydrogel Dressing Market Attractiveness Index

6.5.1.    By Country

6.5.2.    By Product Type

6.5.3.    By Distribution Channel

7.    Latin America Hydrogel Dressing Market Analysis and Forecast, 2020–2028

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Country

7.1.2.    BPS Analysis, By Country

7.2.    Market (US$Mn) Forecast, By Country

7.2.1.    Brazil Hydrogel Dressing Market

7.2.2.    Mexico Hydrogel Dressing Market

7.2.3.    Argentina Hydrogel Dressing Market

7.2.4.    Rest of Latin America Hydrogel Dressing Market

7.3.    Latin America Hydrogel Dressing Market, By Product Type

7.3.1.    Hydrogel Sheets

7.3.2.    Amorphous Hydrogel Dressings

7.3.3.    Impregnated Gauze

7.4.    Latin America Hydrogel Dressing Market, By Distribution Channel

7.4.1.    Hospital Pharmacies

7.4.2.    Retail Pharmacies

7.4.3.    E-Commerce

7.4.4.    Others

7.5.    Latin America Hydrogel Dressing Market Attractiveness Index

7.5.1.    By Country

7.5.2.    By Product Type

7.5.3.    By Distribution Channel

8.    Europe Hydrogel Dressing Market Analysis and Forecast, 2020–2028

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Country

8.1.2.    BPS Analysis, By Country

8.2.    Market (US$Mn) Forecast, By Country

8.2.1.    U.K. Hydrogel Dressing Market

8.2.2.    Germany Hydrogel Dressing Market

8.2.3.    Italy Hydrogel Dressing Market

8.2.4.    France Hydrogel Dressing Market

8.2.5.    Spain Hydrogel Dressing Market

8.2.6.    Russia Hydrogel Dressing Market

8.2.7.    Poland Hydrogel Dressing Market

8.2.8.    BENELUX Hydrogel Dressing Market

8.2.9.    NORDIC Hydrogel Dressing Market

8.2.10.    Rest of Europe Hydrogel Dressing Market

8.3.    Europe Hydrogel Dressing Market, By Product Type

8.3.1.    Hydrogel Sheets

8.3.2.    Amorphous Hydrogel Dressings

8.3.3.    Impregnated Gauze

8.4.    Europe Hydrogel Dressing Market, By Distribution Channel

8.4.1.    Hospital Pharmacies

8.4.2.    Retail Pharmacies

8.4.3.    E-Commerce

8.4.4.    Others

8.5.    Europe Hydrogel Dressing Market Attractiveness Index

8.5.1.    By Country

8.5.2.    By Product Type

8.5.3.    By Distribution Channel

9.    Asia Pacific Hydrogel Dressing Market Analysis and Forecast, 2020–2028

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Country

9.1.2.    BPS Analysis, By Country

9.2.    Market (US$Mn) Forecast, By Country

9.2.1.    China Hydrogel Dressing Market

9.2.2.    India Hydrogel Dressing Market

9.2.3.    Japan Hydrogel Dressing Market

9.2.4.    Australia and New Zealand Hydrogel Dressing Market

9.2.5.    South Korea Hydrogel Dressing Market

9.2.6.    ASEAN Hydrogel Dressing Market

9.2.7.    Rest of Asia Pacific Hydrogel Dressing Market

9.3.    Asia Pacific Hydrogel Dressing Market, By Product Type

9.3.1.    Hydrogel Sheets

9.3.2.    Amorphous Hydrogel Dressings

9.3.3.    Impregnated Gauze

9.4.    Asia Pacific Hydrogel Dressing Market, By Distribution Channel

9.4.1.    Hospital Pharmacies

9.4.2.    Retail Pharmacies

9.4.3.    E-Commerce

9.4.4.    Others

9.5.    Asia Pacific Hydrogel Dressing Market Attractiveness Index

9.5.1.    By Country

9.5.2.    By Product Type

9.5.3.    By Distribution Channel

10.    Middle East Hydrogel Dressing Market, By Region

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market (US$Mn) Forecast, By Country

10.2.1.    GCC Countries Hydrogel Dressing Market

10.2.2.    Israel Hydrogel Dressing Market

10.2.3.    Oman Hydrogel Dressing Market

10.2.4.    Rest of Middle East Hydrogel Dressing Market

10.3.    Middle East Hydrogel Dressing Market, By Product Type

10.3.1.    Hydrogel Sheets

10.3.2.    Amorphous Hydrogel Dressings

10.3.3.    Impregnated Gauze

10.4.    Middle East Hydrogel Dressing Market, By Distribution Channel

10.4.1.    Hospital Pharmacies

10.4.2.    Retail Pharmacies

10.4.3.    E-Commerce

10.4.4.    Others

10.5.    Middle East Hydrogel Dressing Market Attractiveness Index

10.5.1.    By Country

10.5.2.    By Product Type

10.5.3.    By Distribution Channel

11.    Africa Hydrogel Dressing Market, By Region

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market (US$Mn) Forecast, By Country

11.2.1.    South Africa Hydrogel Dressing Market

11.2.2.    Egypt Hydrogel Dressing Market

11.2.3.    North Africa Hydrogel Dressing Market

11.2.4.    Rest of Africa Hydrogel Dressing Market

11.3.    Africa Hydrogel Dressing Market, By Product Type

11.3.1.    Hydrogel Sheets

11.3.2.    Amorphous Hydrogel Dressings

11.3.3.    Impregnated Gauze

11.4.    Africa Hydrogel Dressing Market, By Distribution Channel

11.4.1.    Hospital Pharmacies

11.4.2.    Retail Pharmacies

11.4.3.    E-Commerce

11.4.4.    Others

11.5.    Africa Hydrogel Dressing Market Attractiveness Index

11.5.1.    By Country

11.5.2.    By Product Type

11.5.3.    By Distribution Channel

12.    Recommendation

12.1.    Market Strategy

13.    Competitive Landscape

13.1.    Competition Dashboard

13.2.    List and Company Overview of Global Key Players

13.3.    Company Profiles

13.3.1.    3M Company

13.3.1.1.    Company Overview

13.3.1.2.    Financial Overview

13.3.1.3.    Product Portfolio

13.3.1.4.    Key Developments

13.3.1.5.    Business Strategies

13.3.2.    Smith & Nephew Plc.

13.3.3.    Johnson & Johnson

13.3.4.    Alliqua Biomedical Inc.

13.3.5.    Procyon Corp.

13.3.6.    BSN Medical GmbH

13.3.7.    ConvaTec Healthcare B S.a.r.l

13.3.8.    ColoPlast A/S

13.3.9.    Gentell Inc.

13.3.10.    Axelgaard Manufacturing Co. Ltd

14.    Acronyms