Hydrogel-based Drug Delivery System Market size was valued at US$ 7.34 Bn in 2022 and the total revenue is expected to grow at 7.6% through 2023 to 2029, reaching nearly US$ 12.27 Bn in the forecast period.Hydrogel-based Drug Delivery System Market Overview:
The Hydrogel-based drug delivery system is used in various applications due to its spatial and temporal control over the release of various therapeutic agents, like small-molecule drugs, macromolecular drugs, and cells. Hydrogen-based drug delivery system is widely preferred due to its tunable physical properties, controlled degradation, capacity to protect the labile drug from degradation, hydrogels serve as a platform in which various physiochemical interactions with the encapsulated drug are controlled their release.To know about the Research Methodology :- Request Free Sample Report
Global Hydrogel-based Drug Delivery System Market Dynamics:
Hydrogel-based drug delivery system absorbs small to large drug molecules like (Non-Steroidal Anti-inflammatory Drugs) NSAID, peptide, protein. Due to this property hydrogen-based drug delivery system is widely used in achieving drug delivery. The driving factor of the market is biocompatibility and biodegradable properties with the controlled-release mechanism. This factor is anticipated to fuel the growth of the market. A wider no. of research activities is being carried out on COVID-19 for developing vaccines using hydrogels and this factor is estimated to boost the market of hydrogel-based drug delivery systems. As the COVID-19 pandemics are growing and to date, there is no proper medicine available for the virus. Hydrogel formulating drug molecules is responsible to deliver a controlled drug release system and these factors are helping the system in dose sparing, lower Side effects reduce the frequency of drug administration. These factors are responsible to offer improved patient compliance and ease in production and self-application. Further, rising funding and investments in the research and development in novel drug delivery systems, target drug delivery, and diagnostics is one of the major factors driving the growth of the market. Moreover, a market expansion for generating more revenue is likely to fuel the growth of the market. For example, in January 2021, Ferring B.V. received approval from the Ministry of Health, Labour, and welfare Japan to commercialize their newly launched hydrogen-based drug delivery device for cervical ripening. This launch is likely to grab more attention in the market.Segment Analysis:
The Natural segment is considered to supplement the growth of the Global Hydrogel-based Drug Delivery System Market The natural segment is dominating the global hydrogel-Based drug delivery system and accounted for 30.6% in 2022. The segment is classified based on the polymer that is natural, synthetic, and hybrid moreover proteins like collagen, lysosome, and gelatin and polysaccharides such as alginate, hyaluronic acid, and chitosan. As the molecules have better hydrogen binding and natural hydrogens in the chemical structure. Hydrogel-based drug delivery systems are generally made from a type of polymer called a synthetic polymer. As synthetic polymers are responsible to offer a wide range of benefits like higher drug absorption, better mechanical properties, enhanced life-space, and sustainable degradation feature. Some of the drugs belonging to this category are Poly (vinyl pyrrolidone), and Poly (vinyl pyrrolidone) starch these drugs are widely used and are boosting the demand for synthetic polymers. Further, the amalgamation of Natural and synthetic polymer is likely to fuel the growth of the market. And this concept is known as the high version of SMART hydrogel. These SMART hydrogels are based on the stimulus generated by the body. That may be in the chemical form or physical form. Physical stimuli like temperature sensitivity, pressure, magnetic, and electric field enabling for target drug delivery. These factors are likely to propel the growth of the market in the forecast period. The ocular segment is dominating the delivery route segment of the Global Hydrogel-based Drug Delivery System Market: The ocular segment is likely to gain more market share of 39.4% in the forecast period. The growth of the segment is attributed to the widespread application of hydrogel in ocular drug delivery applications. As most of the contact lenses are hard and made from hydrogen film and offer easy application of therapeutic drugs into contact lenses. Moreover, huge clinical trials of ocular therapeutics are boosting the growth of the market in the forecast period. For example, Massachusetts eye and ear infirmaries are conducting clinical trials on dexamethasone releasing contact lenses which were developed in hydrogen-based contact lense. And demonstrated the safety and efficacy of dex-lense in a rabbit model. As a result, Dex-Lense inhibited sture-induced corneal neovascularization and inflammation for 7 days The subcutaneous drug delivery segment is second dominating in the segment with a CAGR of 9.1% during the forecast period. As hydrogel is a biodegradable material, they are largely used in subcutaneous drug delivery system.Regional Insights:
Global Hydrogel-based Drug Delivery System Market Regional Insights is segmented into North America, Asia Pacific, Europe, Latin America, Middle East, and Africa. North America is leading in the Hydrogel-based Drug Delivery System market with 45.7% of market share in 2022 due to the efficient compensation. In addition, mergers, acquisitions, and the launching of new products are likely to boost the growth of the market. Ocular Therapeutix™ announced the development of a hydrogel ocular implant that is responsible to deliver tyrosine kinase inhibitors for controlled drug delivery systems in the US. Further, the OTX-TKI implant containing a 600ug dose has entered the 1st clinical trial phase Asia Pacific is gaining a significant market share with the highest CAGR of 16.3% during the forecast period. Moreover, rising population and improving healthcare facilities with easy access are likely to boost the growth of the market. Further, increasing demand for cut healthcare expenses is likely to boost the growth of the market. The dominating countries of Asia Pacific are India, China, and Japan due to the presence of prominent market players in the region. The objective of the report is to present a comprehensive analysis of the Global Hydrogel-based Drug Delivery System Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Hydrogel-based Drug Delivery System Market dynamics, structure by analyzing the market segments and project the Global Hydrogel-based Drug Delivery System Market size. Clear representation of competitive analysis of key players by Grade, price, financial position, Grade portfolio, growth strategies, and regional presence in the Global Hydrogel-based Drug Delivery System Market make the report investor’s guide.Global Hydrogel-based Drug Delivery System Market Scope: Inquire before buying
Global Hydrogel-based Drug Delivery System Market Base Year 2022 Forecast Period 2023-2029 Historical Data CAGR Market Size in 2022 Market Size in 2029 2018 to 2022 7.6% US$ 7.34 Bn US$ 12.27 Bn Segments Covered by Polymer Natural Synthetic Hybrid by Delivery Route Subcutaneous Ocular Oral Cavity Topical Other Regions Covered North America United States Canada Mexico Europe UK France Germany Italy Spain Sweden Austria Rest of Europe Asia Pacific China S Korea Japan India Australia Indonesia Malaysia Vietnam Taiwan Bangladesh Pakistan Rest of APAC Middle East and Africa South Africa GCC Egypt Nigeria Rest of ME&A South America Brazil Argentina Rest of South America Global Hydrogel-based Drug Delivery System Market Key Player
1. GALDERMA 2. Blairex Laboratories, Inc. 3. Johnson & Johnson 4. Bausch and Lomb 5. Medtronic 6. Ocular Therapeutix, Inc. 7. Ferring B.V. 8. Endo International plc 9. Akorn, Incorporated 10.Tolmar Pharmaceuticals, IncFAQs:
1. What is the global Hydrogel-based Drug Delivery System market share in 2022? Ans: Approximately, 7.34 Bn USD. 2. What is the global Hydrogel-based Drug Delivery System market growth? Ans: The global Hydrogel-based Drug Delivery System market is anticipated to grow with a CAGR of 7.6% in the forecast period and is likely to reach USD 12.27 Bn by the end of 2029. 3. Which delivery route segment is expected to dominate the global Hydrogel-based Drug Delivery System market during the forecast period? Ans: The ocular segment dominated the Hydrogel-based Drug Delivery System market with a Market share of 39.4% in 2022. 4. Which region is expected to dominate the global Hydrogel-based Drug Delivery System market during the forecast period? Ans: North America dominated the Hydrogel-based Drug Delivery System market with a share of over 45.7% in 2022 owing to rising various product launches 5. Who are the key players in the global Hydrogel-based Drug Delivery System market? Ans: Key players of the market include Ferring B.V., Endo International plc, Akorn, Incorporated, and Tolmar Pharmaceuticals, Inc.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Hydrogel-based Drug Delivery System Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Hydrogel-based Drug Delivery System Market 3.4. Geographical Snapshot of the Hydrogel-based Drug Delivery System Market, By Manufacturer share 4. Global Hydrogel-based Drug Delivery System Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Grades 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Hydrogel-based Drug Delivery System Market 5. Supply Side and Demand Side Indicators 6. Global Hydrogel-based Drug Delivery System Market Analysis and Forecast, 2022-2029 6.1. Global Hydrogel-based Drug Delivery System Market Size & Y-o-Y Growth Analysis. 7. Global Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Polymer, 2022-2029 7.1.1. Natural 7.1.2. Synthetic 7.1.3. Hybrid 7.1.4. Original Equipment Manufacturer (OEM) 7.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 7.2.1. Subcutaneous 7.2.2. Ocular 7.2.3. Oral Cavity 7.2.4. Topical 7.2.5. Other 8. Global Hydrogel-based Drug Delivery System Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Polymer, 2022-2029 9.1.1. Natural 9.1.2. Synthetic 9.1.3. Hybrid 9.1.4. Original Equipment Manufacturer (OEM) 9.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 9.2.1. Subcutaneous 9.2.2. Ocular 9.2.3. Oral Cavity 9.2.4. Topical 9.2.5. Other 10. North America Hydrogel-based Drug Delivery System Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 12. Canada Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 13. Mexico Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 14. Europe Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 15. Europe Hydrogel-based Drug Delivery System Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 17. France Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 18. Germany Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 19. Italy Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 20. Spain Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 21. Sweden Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 22. CIS Countries Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 23. Rest of Europe Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 24. Asia Pacific Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 25. Asia Pacific Hydrogel-based Drug Delivery System Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 27. India Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 28. Japan Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 29. South Korea Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 30. Australia Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 31. ASEAN Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 32. Rest of Asia Pacific Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 33. Middle East Africa Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 34. Middle East Africa Hydrogel-based Drug Delivery System Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 36. GCC Countries Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 37. Egypt Textile Reinforced Concrete e Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 38. Nigeria Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 39. Rest of ME&A Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 40. South America Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 41. South America Hydrogel-based Drug Delivery System Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 43. Argentina Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 44. Rest of South America Hydrogel-based Drug Delivery System Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Polymers, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Delivery Route, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Hydrogel-based Drug Delivery System Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Fiber Grades and R&D Investment 45.2.2. New Grade Launches and Grade Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Natus Medical, Inc 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Grade Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Development 45.3.2. GALDERMA 45.3.3. Blairex Laboratories, Inc. 45.3.4. Johnson & Johnson 45.3.5. Bausch and Lomb 45.3.6. Medtronic 45.3.7. Ocular Therapeutix, Inc. 45.3.8. Ferring B.V. 45.3.9. Endo International plc 45.3.10. Akorn, Incorporated 45.3.11. Tolmar Pharmaceuticals, Inc 46. Primary Key Insights