The medical superabsorbent polymers market was valued at USD 3.17 billion in 2022 and is projected to reach USD 5.66 billion by 2032, expanding at a CAGR of 6.8% from 2022 to 2032.
According to Fact.MR, the medical segment is expected to account for 30% of the total superabsorbent polymer sales value by 2032. Additionally, the overall superabsorbent polymer market is anticipated to grow at a CAGR of 6.3%, reaching USD 19.1 billion by 2032.
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Country Wise Analysis
According to the National Health Expenditure Accounts (NHEA), U.S. healthcare spending increased by 4.6% in 2019, reaching USD 3.8 trillion, which equates to $11,582 per person annually. Healthcare expenditures accounted for 17.7% of the nation’s GDP.
Additionally, data from the International Transport Forum Road Safety Report 2018 indicates that the U.S. experiences approximately 7.3 traffic-related accidents per 1 billion vehicle kilometers. Growing health consciousness among U.S. citizens, along with a preference for advanced wound care treatments, is expected to drive the adoption of medical superabsorbent polymers in hospitals and clinics across the country.
Category Wise Analysis
Nonwoven superabsorbent polymers are produced by bonding polymer fibers with an adhesive. Due to their high absorption capacity and superior liquid retention compared to woven or other absorbent dressings, nonwoven fabrics serve as a primary dressing material for surgical wounds. Their exceptional fluid retention helps prevent infections, making them highly effective for medical applications.
Wound care dressings are broadly categorized into traditional wound care dressings and advanced wound care dressings. Among these, the wound treatment segment is projected to experience the fastest growth in the medical superabsorbent polymers market.
While traditional wound care dressings are used for minor injuries, advanced wound care dressings, such as nonwoven medical superabsorbent polymers, are preferred for more severe wounds. These odorless dressings contribute to faster recovery, making them a superior alternative to traditional wound care solutions in terms of effectiveness and benefits.
Competition Landscape
Key players in the medical superabsorbent polymers market include BASF SE, Evonik Industries, Nippon Shokubai Co. Ltd, LG Chem, and SDP Global Co. Ltd.
Prominent wound care product manufacturers such as Smith & Nephew, Derma Sciences, Advancis Medical, and Johnson & Johnson are leading the shift towards advanced wound care dressings. As demand for high-performance dressings increases, superabsorbent polymer manufacturers are focusing on technological advancements to cater to the evolving needs of the medical industry.
Fact.MR’s latest report provides detailed insights into the pricing strategies of top manufacturers, along with data on sales growth, production capacity, and potential expansions across key regions.
Key Segments
- By Product Type
- By Application
- Traditional wound care
- Advanced wound care
- Medical Waste Management
- Other Applications
- By Technology
- Airlaid
- Spunbond
- Meltblown
- Other Technology
- By End User
- Hospitals
- Clinics
- Ambulatory surgery center (ASCs)
- Other End Users
- By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
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