The global self-healing hydrogel market is anticipated to grow at a significant CAGR during the forecast period (2022-2028). Rapid self-healing hydrogel is a specialized type of polymer hydrogel that is a cross-network of polymers linked to each other either using physical interactions or chemical interactions such as hydrogen bonding, ionic interactions and others between the unit polymers. These hydrogels have extremely high hydrating ability due to which they exhibit elasticity, sensitivity, and permeability. Due to these chemical properties of rapid self-healing hydrogel, their high demand is driving the market growth.
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Another factor that drives the demand for self-healing hydrogel market during the forecast period include the rising cases of trauma and chronic wound. For instance, as per the article published in Ecronicon in May 2020, chronic wounds affect 6.0% of the total population across the globe, out of which geriatric population is mostly affected. Further, the growing use of these self-healing hydrogels in a variety of biomedical applications such as tissue engineering, wound healing, drug delivery, cosmetology, among others, is primarily driving its market growth. These hydrogels can maintain their three-dimensional structure in spite of any environmental changes such as mechanical and physical damage. Such properties of rapid self-healing hydrogel enable the hydrogel to mimic flesh/skin which, further provides scope to use self-healing hydrogels in such applications.
Some key players operating in the market include Scapa Group plc, and Cardinal Health, Inc., among others. The market players are eyeing on strengthening their position in the market by adopting various strategies as mergers and acquisitions, partnerships, collaborations, new product launch and development in the existing product portfolio, and so on. Moreover, increasing number of clinical trials for improving the effectiveness of rapid self-healing hydrogel is expected to aid in the growth of the market over the forecast period. For instance, according to the US National Library of medicine data as on June 8, 2021, a total of 553 clinical trials associated with hydrogels are listed, out of which 73 are currently being carried out.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape: Scapa Group plc, and Cardinal Health, Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Self-Healing Hydrogel Market Report by Segment
By Type
- Physical Crosslinking
- Chemical Crosslinking
By Application
- Tissue Engineering and Regeneration
- Polymer Scaffolds
- Drug Delivery System
- Sealant
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