Hydrogel Market Research Report and Forecast up to 2025 Hydrogel Market - Global Industry Analysis, Size, | Page 2
anticipated to develop rapidly over the report’s forecast period owing to the growing
demand for daily disposable soft contact lenses.
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North America Market to Remain Dominate
North America held significant share of hydrogel market in 2016 followed by Europe
and Asia Pacific. The U.S. accounted for a significant share of the hydrogel market in
North America in 2016. The U.S. has the highest standards for healthcare. Rising
prevalence of chronic wounds such as diabetic foot ulcer, venous ulcer, and
pressure ulcer is likely to increase the usage of hydrogel in healthcare industry.
The rest of Europe held a significant share in the hydrogel market in Europe in 2016;
however, Germany accounted for the dominant share. Owing to the immense
demand for personal care & hygiene products such as baby diapers and adult
incontinence products in Europe, the need for hydrogel has been experiencing a
significant surge in the last few years. This trend is predicted to continue during the
forecast period as well.
In Asia Pacific region China led the hydrogel market in 2016. Rise in population in
the region is anticipated to boost the usage of feminine hygiene products, adult
incontinence products, and baby diapers in the near future. This, in turn, is
estimated to drive the demand for hydrogel during the forecast period. The
hydrogel market in Latin America and Middle East & Africa is likely to provide steady
market demand during the forecast period.
Some of the leading vendors operating in the global hydrogel market are Procyon
Corporation, 3M Company, Conva Tec Inc., Johnson & Johnson Services Inc., BSN
Medical GmbH, Medico Electrodes International Ltd., The Cooper Companies, Inc.,
H.B. Fuller Company, Altergon Italia Srl, R&D Medical Products Inc., Spes Medica Srl.,
Katecho Inc., Takiron Co. Ltd., Sekisui Plastics Co. Ltd., Alliqua Biomedical Inc., and
Axelgaard Manufacturing Co., Ltd. Company.
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