According to the recent research report titled ‘Global Hydrogel Market 2019-2028’, available with Market Study Report, global hydrogel market value is anticipated to multiply with a CAGR of 7.04% over 2019-2028.
 

Increasing sales of personal care & hygiene products, growing usage of the product in cosmetic sector, along with rising medical advancements and wound care management are driving global hydrogel market growth, cites the study.
 

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Moreover, booming aging population, rising instances of obesity, ulcer, and chronic conditions, along with growing trend of soft lenses are positively swaying the industry dynamics. Notably, hydrogel is used in the production of products like contact lenses, diapers, injury care products, and others.
 

Speaking of challenges, lack of awareness among end users, inadequate response of hydrogels to external environment, and hefty cost of manufacturing are hindering the industry expansion. Besides, complexities associated with decoupling variables in drug delivery are negatively impacting the business scenario.
 

Based on product gamut, the market is split into hydrogel sheets, films & matrices, impregnated gauze, amorphous gels, and semi-crystalline buttons. As per form type, the industry segmentation is comprised of crystalline, semi-crystalline, and amorphous.
 

Moving on to raw material terrain, global hydrogel market is classified into hybrid, natural, and synthetic. With respect to composition category, the industry is categorized into agar, silicone modified, polyacrylamide, polyacrylate, and others. Elaborating on end user scope, the market is divided into tissue engineering, drug delivery, wound care, hygiene products, contact lenses, and others.
 

Geographically, Middle East & Africa, Latin America, Asia Pacific, Europe, and North America are the major growth avenues for the market. Among these, Asia Pacific industry is anticipated to witness substantial growth over 2019-2028, attributable to rising per capita income, and booming population.
 

Leading organizations in global hydrogel marketplace are Hoya Corporation, Coloplast A/S, Derma Sciences, Momentive Performance Materials, Dow Corning Corporation, Medtronic plc, Johnson & Johnson Services Inc., 3M Company, The Cooper Companies Inc., Smith & Nephew plc, and Procyon Corporation among others.