With the slowdown in world economic growth, Medical Grade Hydrogel industry has also maintained a relatively optimistic growth. In this blog you will find out more about the research on hydrogel, its amazing healing properties, its current Market Scenario and its future market trends.
First lets understand about what exactly is an hydrogel. Hydrogels are network of polymer chain which are that are hydrophiliic but are sometimes found as colloidal gels in which water is the dispersion medium. Its probably one of the most commonly used bio-materials, which consist of around 90% water and 10% natural or synthetic polymers. Hydrogels have received considerable attention in the past 50 years, due to their exceptional promise in wide range of applications from Implants to drug delivery systems(DDS). Its self-healing property is due to Carboxymethyl Chitosan and Cellulose Nanocrystal. These tough gel adhesives has several years of shelf life and anti-bacterial ingredients engraved in them. These can incorporate bioactive agents to further enhance skin regeneration for burn wound, thus helps in wound healing too.
The National Laboratory Astana at Nazarbayev University developed a new wound healing ointment to improve the recovery of patients using these medical grade hydrogels. University scientists have recognized hydrogel's natural properties, focused on processes that are on-going and also understood its future trends. They are quite aware that developing countries like Kazakhstan would benefit from these for coping with various patients dealing with various chronic traumatic injuries. The USA too has this critical concern on severe injuries like diabetic foot. Thus, they are looking forward to an aid which does not have any adverse side effects or any allergic reactions. This new product improves patients for not only injuries but also skin burns. Thus its estimates that this product could potentially treat patients as well as save the overall cost of the wound care industry.
These product types are primarily segmented
On the basis of product type :
- Physical Cross-linked Hydrogels
- Radiation Cross-linked Hydrogels
- Cross-linking Agent Cross-linked Hydrogels
On the basis of application :
- Hydrogel Dressing
- Drug Delivery Systems (DDS)
- Wound healing
- Skin Burns
On the basis of region :
- Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
- Middle East & Africa[GCC, North Africa, South Africa]
- Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
- North America[United States, Canada, Mexico]
- South America[Brazil, Argentina, Columbia, Chile, Peru]
The report by MarketIntellica provides market research reports on various categories which offers detailed coverage of this Industry and future market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of its leading data categorized by geography.
Impact on top competitors
Some of the major competitors in this study are 3M(US), ConvaTec(UK) , Derma Sciences(Northeastern US), ESI BIO(US) , Smith&Nephew United(US), Paul Hartmann(Germany), NIPRO PATCH(Japan), Systagenix (US), Medtronic(Ireland), Molnlycke Health Care(Sweden), Ocular Therapeutix(US), Coloplast (Denmark), Ambu(Denmark), Guojia(China), Yafoer (US) and Huayang(china)
The study includes the future forecast for the global Medical Grade Hydrogel market upto 2023. MarketIntellica analysts are relatively optimistic about Medical Grade Hydrogel market size and other major market influencers. They also believe that emerging trends has a direct impact on the dynamics of the Medical Grade Hydrogel industry.
Currently, the project is at its early pre-clinical stage of development. In the future, the research team expects to run clinical trials of the hydrogel. Once it is commercialized, patients will be able to purchase it from local pharmacies.