Medical Grade Hydrogel Market – Size, Share, Outlook, and Analysis, 2018-2026

Hydrogel are hydrophilic, three dimensional, and cross-linked polymer chain, which has property to absorb different fluids. They resemble body tissue with respect to their ability to absorb large amount of water. The property to absorb different types of the fluid makes hydrogel suitable for many medical applications. As human body consist of large amount of water, therefore hydrogels are highly biocompatible and can be used as carrier for many active ingredients. Being biodegradable, hydrogels are harmless as compared to other polymers. Hydrogels such as polysaccharides and polypeptides are of natural origin, whereas artificial hydrogels include N-isopropyl acrylamide and Jeffamine M-1000 acrylamide. Artificial hydrogels carries superior mechanical strength, longer shelf life, and larger capacity to absorb water.

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Market Dynamics

Medical grade hydrogel is gaining significant traction as the novel carrier, which can be used in various products targeted for different indications. Currently medical grade hydrogel has major application in wound dressings, plastic surgery, cosmetics, orthopedics, and immunotherapy. Increasing research on utility and capability of medical grade hydrogel is expected to propel growth of the medical grade hydrogel market. Hydrogels is currently widely used as material for plastic and reconstructive surgery.

According to report published by American Society of Plastic Surgeons 2017, around 290,467 breast augmentation surgeries were performed in 2016, which increased to 300,378 in 2017. High prevalence of the chronic disease such as cancer and cardiovascular disease and extensive research and development by pharmaceutical and biotech companies for development of innovative products are driving market growth. According to the estimation of Pharmaceutical Research and Manufacturers of America (PhRMA), in 2017, pharmaceutical industry invested around US$ 0.8 billion to US$ 1.7 billion per company on research and development activities. Europe is projected to witness significant growth in the medical grade hydrogel market.

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Key players operating in the medical grade hydrogel market include 3M, ConvaTec, Integra Lifescience Holdings Corporation, Smith & Nephew plc, United Axelgaard, Coloplast, Paul Hartmann, Medtronic plc, and Ocular Therapeutix.

On the basis of origin, the global medical grade hydrogel market is segmented into: Natural Hydrogels, Synthetic Hydrogels,. On the basis of crosslinking method, the global medical grade hydrogel market is segmented into: Physically cross linked hydrogels, Chemically cross linked hydrogels,. On the basis of sensitivity, the medical grade hydrogel market is segmented into: pH sensitive hydrogels, Temperature sensitive hydrogels, Chemical sensitive hydrogels, Lights sensitive hydrogels, Others,. On the basis of applications, the medical grade hydrogel market is segmented into: Topical applications, Drug delivery systems, Dental applications, Implants, Injectable, Ophthalmic, Others,. On the basis of geography, the medical grade hydrogel market is segmented into: North America, Latin America, Europe, Asia Pacific, Middle East, Africa,.

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