According to FutureWise analysis the market for Hydrogel Wound Dressings is expected to reach US$ 0.69 billion by 2031 at a CAGR of 7.92%.
Hydrogel wound dressing is a process of regulating fluid exchange on the wound surface. It is used for the treatment of damaged skin, veins, and tissues. Generally, it contains 90% of water for accommodating moisture content around the wound surface. They are suspended in a gel and assist in tissue debride, granulation, and healing of damaged areas. Hydrogel wound dressing provides sodium for electrolyte balance. Few markets are integrated with coolant properties and help in pain reduction. These markets are used on minor burns, painful wounds, dry wounds, and radiation damage. Based on the type of material, markets are classified into sheet, impregnated amorphous hydrogels Increasing demand for wound care in primary healthcare settings fuelled the growth of the global hydrogel wound dressings market. Hydrogel retains a high moisture content and helps in the prevention of bacterial infections. Further, it decreases the complications of wound healing and offers exceptional wound healing properties. Additionally, they are more advantageous over the alternative methods of healing processes. All these features have led to the burgeoning growth of the market. Along with this, increasing prevalence and growing importance of wound management in clinical settings have created potential opportunities for market. Others factors like increasing penetration of hydrogels among end users have boosted the growth of the hydrogels wound dressings market.
North America market represents a significant share in global market due to high penetration. It was followed by the European region due to high awareness. Further, changing economic conditions in Asia Pacific region has created potential opportunities for manufactures. Latin America is expected to witness the fast CAGR during forecast period due to increasing awareness.