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.
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$Mn) Forecast, By Country
11.2.1. South Africa Hydrogel Dressing Market
11.2.2. Egypt Hydrogel Dressing Market
11.2.3. North Africa Hydrogel Dressing Market
11.2.4. Rest of Africa Hydrogel Dressing Market
11.3. Africa Hydrogel Dressing Market, By Product Type
11.3.1. Hydrogel Sheets
11.3.2. Amorphous Hydrogel Dressings
11.3.3. Impregnated Gauze
11.4. Africa Hydrogel Dressing Market, By Distribution Channel
11.4.1. Hospital Pharmacies
11.4.2. Retail Pharmacies
11.4.3. E-Commerce
11.4.4. Others
11.5. Africa Hydrogel Dressing Market Attractiveness Index
11.5.1. By Country
11.5.2. By Product Type
11.5.3. By Distribution Channel
12. Recommendation
12.1. Market Strategy
13. Competitive Landscape
13.1. Competition Dashboard
13.2. List and Company Overview of Global Key Players
13.3. Company Profiles
13.3.1. 3M Company
13.3.1.1. Company Overview
13.3.1.2. Financial Overview
13.3.1.3. Product Portfolio
13.3.1.4. Key Developments
13.3.1.5. Business Strategies
13.3.2. Smith & Nephew Plc.
13.3.3. Johnson & Johnson
13.3.4. Alliqua Biomedical Inc.
13.3.5. Procyon Corp.
13.3.6. BSN Medical GmbH
13.3.7. ConvaTec Healthcare B S.a.r.l
13.3.8. ColoPlast A/S
13.3.9. Gentell Inc.
13.3.10. Axelgaard Manufacturing Co. Ltd
14. Acronyms
Frequently Asked Questions
What is the projected market size & Compound Annual Growth Rate (CAGR) of the market?
The global hydrogel dressing market in 2020 is estimated for more than US$ 359.5 Mn and expected to reach a value of US$ 791.2 Mn by 2028 with a significant CAGR of 10.4%.
What are the key factors driving the growth of market?
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
What segments are covered in market report?
The global hydrogel dressing market is segmented on the basis of product type, distribution channels, and region.
What are the key participating players in the market?
Some of the key players identified in the hydrogel dressings market are 3M Company, Smith & Nephew Plc., Johnson & Johnson, etc. among others.
