Hydrogel Dressings Market (Product - Amorphous Hydrogel, Impregnated Hydrogel, and Sheet Hydrogel; End User - Hospitals, Physician's Office, ASC, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

A recent report published by Infinium Global Research on hydrogel dressings market provides an in-depth analysis of segments and sub-segments in the global as well as regional hydrogel dressings market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional hydrogel dressings market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast, and dollar values of global hydrogel dressings market. According to the report, the global hydrogel dressings market is projected to grow at a CAGR of 7.63% over the forecast period of 2020-2026.

Market Insight

Hydrogel dressings are an emerging area for wound care, as they increase the speed and success of wound healing. The success of hydrogel dressings is thought to be due to their ability to maintain an optimum wound healing environment, which is warm and moist, rather than dry whilst keeping out infective agents. They are capable of superseding conventional dressings such as natural or synthetic cotton, lint, and gauze bandages. The hydrogel provides moisture which enables painless debridement of necrotic and infected tissue, promotes granulation, and encourages complete healing. Since they have a high water content, they are not completely absorbent, which makes them appropriate for wounds with light to moderate exudation. In other situations, the accumulation of water can result in skin maceration and multiplication of microbes, leading to a foul-smelling infected wound.

Globally, burns are one of the leading causes of disability accounting for an estimated 180,000 deaths annually. Hydrogel dressings have numerous properties, which make them perfect to facilitate and accelerate the healing of burn injuries. One of the primary benefits of hydrogel dressings is their ability to facilitate autolytic debridement of necrotic tissue. This is particularly advantageous in burn injuries as autolytic debridement aids regeneration and reduces the risk of hypertrophic scarring and infection. The application of hydrogel dressings with antimicrobial agents such as honey and silver can significantly enhance wound closure and accelerate the rate of re-epithelialization. Combination dressings combine physically distinct components into a single dressing to provide multiple wound care functions, such as absorption, adhesion, and protection from bacteria. Additionally, such dressings are versatile and convenient to use in both partial and full-thickness wounds. The silver hydrogel is one of the generally used combination dressings for wound treatment, particularly burns. It acts as an effective barrier to bacterial penetration and helps avoid the contact of gel with the microorganisms. On the other hand, there is still a lack of proper instruments, which leads to the possibility of wound development at the early stages. This factor is likely to hamper the global hydrogel dressings market during the projection period. Additionally, the current concern over the spread of coronavirus is also expected to have a negative impact on the hydrogel dressings market. The COVID-19 outbreak has caused an incursion of patients in hospitals and acute care facilities and it’s only anticipated to get worse. As a consequence, any process or service that is deemed “non-essential” is being shut down immediately. Various hospitals have already categorized wound care as “non-essential”. With COVID-19 infections increasing across the world, the apprehension regarding a shortage of essential life-saving devices and other essential medical supplies in order to prevent the spread of this epidemic and provide optimum care to the infected also widens.

Among the geographies, North America region is expected to hold the largest share in the global hydrogel dressings market and is projected to account for a major share during the projection period. The availability of proper reimbursements policies and strong distribution channels of several leading market players are some of the factors responsible for the growth of the market in this region. Moreover, the Asia Pacific region is anticipated to grow with the fastest CAGR owing to increasing healthcare infrastructure in countries such as China and India. Emerging markets with tremendous growth potential such as China and India are witnessing increasing focus of major market players on business expansion through hospital-centric business models and through mergers with and acquisitions of local players with established sales networks.

Segment Covered

The report on the global hydrogel dressings market covers segments such as product, and end user. On the basis of product, the sub-markets include amorphous hydrogel, impregnated hydrogel, and sheet hydrogel. On the basis of end user, the sub-markets include hospitals, physician's office, ASC, and others.

Companies Profiled:

The report provides profiles of the companies in the market such as 3M Company, Medline Industries Inc., Smith & Nephew Plc, Coloplast Group, Integra LifeScience Holdings Corporation, BSN Medical GmbH, ConvaTec, Inc., B. Braun Melsungen AG, Cardinal Health, and Celularity, Inc.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of hydrogel dressings market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.