Rapid Self-healing Gel Market Update, Analysis, Forecast, 2019 – 2025
Rapid Self-healing Gel Market is poised to surpass USD 310
million by 2025; according to a new research report by Global Market Insights,
Inc. Consistent progression in wound healing is a primary factor likely to make
significant positive impact on the rapid self-healing gel market size by 2025.
Rapid self-healing gel is widely applicable in wound dressing or healing owing
to its excellent properties including high sensitivity to physiological
environment, adequate flexibility and hydrophilic nature which makes it highly
preferable across biomedical applications.
They are widely applicable for coating the medical devices
in the healthcare industry. Growing R&D investment in the medical industry
by key players in the U.S. are likely to trigger medical devices demand, which
will further fuel growth for rapid self-healing gel market size by 2025. For
instance, U.S. is the largest medical devices market which is valued around USD
156 billion and is anticipated to witness healthy gains in the coming years.
The above mentioned trends are expected to propel product demand, which will
help make notable impact to the overall rapid self-healing gel market size by
2025.
Unstable raw material prices of rapid
self-healing gel are expected to hamper the overall business size in the
forecast timeframe. Nevertheless, steady progression in the biomedical industry
is fueling demand for materials with excellent properties which makes it
desirable for applications such as tissue engineering, drug delivery, 3D
printing, surface coating, etc. The above mentioned factors will help generate
sufficient prospects for rapid self-healing gel market size by 2025
Chemically
crosslinked rapid self-healing gel market size was valued close to USD 60
million in 2019 and likely to grow at CAGR of approximately 6.5% by 2025. These
gels are reversible and have three dimensional framework in which polymer
chains are linked via electrostatic forces, hydrogen bonds and hydrophobic
interactions. They are unstable and upon heating can be converted into a
polymer mixture. Few example of chemically crosslinked rapid self-healing gel
are poly (2-hydroxyethyl methacrylate) (pHEMA), poly (ethylene glycol) (PEG),
and poly (vinyl alcohol) (PVA), albumin and gelatin–based hydrogels.
Browse Complete Summary of this report @
https://www.gminsights.com/industry-analysis/rapid-self-healing-gel-market
https://www.gminsights.com/industry-analysis/rapid-self-healing-gel-market
In terms of volume, surface coating segment of the rapid
self-healing gel market is likely to witness gains close to 6.5% over the
forecast period. These gel based coating can be embedded into compounds to
sense, for example, inflammatory molecules. Drugs can also be incorporated into
and slowly released from the hydrogel coating, to treat inflammation in the
body. They are also used for coating the medical devices. Rapid advancement in
the medical devices market in the biomedical field will help drive the product
demand, which will subsequently trigger the rapid self-healing gel market size
by 2025.
North America rapid self-healing gel market size constituted
nearly 40% of the overall industry share in 2019 and is projected to rise by
CAGR close to 7.0% between 2019 and 2025. Key players in North America such as
Cardinal Health, Cytogel Phama, etc. are principally investing in R&D
activities, signing patent license agreements, and launching new products based
on polymers and resins catering to wide ranging applications.
Moreover, advanced medical & pharmaceutical industry along
with increasing medical expenditure in this region are some of the major
factors stimulating the growth of rapid-self healing gel market size in North
America in the recent years.
The major players in the rapid self-healing gel market are Cardinal
Health, Scapa Healthcare, Katecho, Alliqua Biomedical, Axelgaard, Advanced Medical
Solutions, Contura and Hydromer. Most of the companies in the market are
actively investing to expand their business to improve their profit margins.
For instance, Hydromer Inc. announced about its team expansion in February
2019, to address the growing demand for biomaterial coatings market for medical
devices.
About Global Market Insights, Inc.
Global Market Insights, Inc., headquartered in
Delaware, U.S., is a global market research and consulting service provider;
offering syndicated and custom research reports along with growth consulting
services. Our business intelligence and industry research reports offer clients
with penetrative insights and actionable market data specially designed and
presented to aid strategic decision making. These exhaustive reports are
designed via a proprietary research methodology and are available for key
industries such as chemicals, advanced materials, technology, renewable energy
and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
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Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Connect with us twitter | LinkedIn | Facebook | Google+
Rapid Self-healing Gel Market Update, Analysis, Forecast, 2019 – 2025
Reviewed by GMI
on
May 09, 2019
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