Healthcare

Global Medical Foam Market

March 31, 2020
ID: SR/HC-16
Format:Pdf
Pages:220

Global Medical Foam Market- by Form (Flexible, Rigid, Spray), By Material (Polymers, Latex, Metals), By Application (Bedding & Cushioning, Medical Packaging, Medical Devices & Components, Prosthetics & Wound Care), and By Region (North America, Europe, Asia Pacific, South America, and Middle East, & Africa)- Global forecast from 2020-2027.

Description

Global Medical Foam Market Overview

Medical foam refers to restorative materials used to cover sores, wounds, or other damage. After the skin injured by trauma, burns, abscess ulcers, and other causes, it will cause a series of problems in the body, such as bacterial infection, excessive loss of water and protein, endocrine and immune dysfunction, etc., which may seriously endanger life. Therefore, after a skin injury, it is usually necessary to use a medical substitute for the skin to protect the wound, prevent wound infection and severe dehydration, provide a humid environment conducive to wound healing, and promote wound healing.

Global Medical Foam Market Insights

The global medical foaming market expected to spur the market growth at an enormous CAGR in the forecast period from 2020-2027. Traditional dressings are mainly cotton and gauze, but there are problems such as secondary trauma and uncomplicated infection. With the advancement of science and technology, high-end medical dressings with functions of moisturizing, preventing disease, and promoting wound healing have become the development direction of this field.

In addition to it, the new medical foaming can shorten the wound healing time, reduce the amount of medical dressing, significantly shorten the nursing time, and meet the requirements of patients. The new type of medical dressing has the characteristics of fast curative effects and sound effects, which are difficult to compare with traditional dressings. Therefore, the new kind of medical foaming will have a broader application market.

Moreover, medical foam dressing is a hydrophobic material on the outer layer and a hydrophilic material on the inner layer. This kind of dressing has porosity, low surface tension, rich elasticity, strong plasticity, and lightness, and the absorption of exudate can reach ten times the mass of the dressing itself.

Furthermore, the treatment of wound exudates by foamy dressings controlled by the water vapor transfer and absorption mechanism. It has good plasticity and has an excellent protective effect on the wound. Currently, the most used materials are polyurethane foam and polyvinyl alcohol foam.

Growth Driver

Rising Industrialization

The emerging industrialization has raised the demand for high-quality medical products and equipment. The high-quality medicinal product helps in treating the patient’s wounds, burns, and other infections. Moreover, industrialization has fueled the global medical foam market by increasing the supply of goods and medicines, which has reduced the price of the medication and also saves time and labor.

Increasing medical facilities

Due to the rise in industrialization, the living standard of the people has boosted. With bulk production and supply of medical equipment, medicines have also led to improved progress in the treatment of patients. Moreover, medical facilities have improved the health standard of the people, and a significant financial boost has also shown.

By Foam Segmental Analysis

Based on foam, the global Medical Foam market segmented into Flexible, Rigid, Spray. The flexible segment has dominated the market share of the global medical foam market. Owing to the properties of foam dressing such as comfortable, non-adhesive wounds, high absorption performance, low frequency of dressing changes required, different shapes, and sizes for easy use in different anatomical parts. Thus, the flexible medical foaming will continue to bolster its demand in the forecast period from 2020-2027.

By Material Segmental Analysis

Based on the material, the global Medical Foam market distributed into Polymers, Latex, Metals. The polymer material segment has bolstered the market share for the global medical foam market. The polymer medical foam has a new type of polyurethane foam dressing absorbent layer, combined with a breathable water barrier layer and skin. The unique design of the contact layer has developed a series of high-end medical polyurethane foam dressings such as universal dressings and antibacterial dressings. The advantage of polymer foam dressing is that it has relatively high moisture permeability and absorption rate. Besides, after the foam dressing absorbs the secretion fluid, its physical properties are hardly changed, so there is no part of the dressing left in the wound. Therefore, polymer material has captured the largest share in the medical foam market.

By Application Segmental Analysis

Based on the application, the global Medical Foam market classified into Bedding & Cushioning, Medical Packaging, Medical Devices & Components, Prosthetics & Wound Care. Bedding & Cushioning has captured the market demand for the global medical foam market and will continue to dominate in the forecast period from 2020-2027. The medical foam dressing is used to keep the wound warm and moist to heal the wound faster, and coupled with cushioning, is required to keep the patient comfortable. Since the rise in the aging population, bedding and cushioning is a significant factor in providing patient comfort. Therefore, flexible forming is used in bedding as it has high resilience; thus, preferred in bedding, surgical beds, wheelchairs, and for orthopedic support. Therefore, the market demand for medical foam has emerged due to its bedding and cushioning in different equipment.

By Region Segmental Analysis

Based on geography, the global medical foam market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific region has dominated the demand for the medical foam market. Owing to rising disposable income, growing health facilities, and an increase in industrialization have propelled the market share of the global medical foam market. Many industries have started manufacturers of a high-quality medicinal product, which contributes to improving the health of the people and also show spur in the economic conditions of the region.

Competitor Analysis

Companies such as The Dow Chemical Company, SEKISUI CHEMICAL CO., LTD., Huntsman Corporation, Trelleborg AB, BASF SE, Recticel NV, INOAC Corporation, UFP Technologies, Inc., FXI Holdings, Inc., Armacell International S.A., Rogers Corporation, Freudenberg Group and Molnlycke Health Care and others are key players in the global medical foam market.

Key Stakeholders

Market research and consulting firms
Industry associations
Global medical foam manufacturing companies
Research organizations and consulting companies
Organizations, associations, and alliances related to medical foam
Regulatory bodies

Scope of the report

Report Attribute	Details
Market size value in 2020	USD 24.56 billion
Revenue forecast in 2027	USD 43.65 billion
Growth Rate	CAGR of 6.74% from 2020 to 2027
Historical data	2017-2019
Forecast period	2021 – 2027
Region covered	North America, Europe, Asia-Pacific, South America, and Middle East & Africa
Key companies Profiled	SEKISUI CHEMICAL CO., LTD., Huntsman Corporation, The Dow Chemical Company, Recticel NV, INOAC Corporation, Trelleborg AB, BASF SE, UFP Technologies, Inc., FXI Holdings, Inc., Rogers Corporation, Freudenberg Group, Armacell International, S.A., and Molnlycke Health Care and others

Recent Developments

In September 2021, Researchers from the Glasgow Caledonian University, University of Glasgow, The Queen’s University Belfast, and University of Strathclyde discovered the foam found in frogs’ nests with the potential to offer benefits to topical, vaginal and rectal drug delivery and in cases such as the treatment of burn.
In September 2021, Researchers from the U.K., associated with different institutions, discovered that foam produced by a certain frog could be used as an antiseptic delivery system.
America Corp., a North American subsidiary of Japan’s Sekisui Chemical Co. Ltd., announced the successful completion of its acquisition of AIM Aerospace, based in Renton, WA.

The objective of the Research

Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.

Market Modelling

By Form

Flexible
Rigid
Spray

By Material

Polymers
Latex
Metals

By Application

Bedding & Cushioning
Medical Packaging
Medical Devices & Components
Prosthetics & Wound Care Chronic Disease

By Region

Europe
North America
Asia Pacific
South America
Middle East & Africa

Table Of Contents

Methodology

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Frequently Asked Questions (FAQ):

What is medical foam?

Medical foam refers to restorative materials used to cover wounds, sores, or other damages.

What are the uses of medical foam?

Medical foam is used in surgical beds, wheelchair seats, cushions, comfort/positioning pads, and orthopedic support.

What is the growth rate of the Global Medical Foam Market?

The Global Medical Foam Market is exhibiting a CAGR of 6.74% from 2021 to 2027.

How big is the Global Medical Foam Market?

The global medical foam market size is forecasted at USD 24.56 billion in 2020 and will reach USD 43.65 billion by 2027.

What is the competitive landscape of the Global Medical Foam Market?

SEKISUI CHEMICAL CO., LTD., Huntsman Corporation, The Dow Chemical Company, Recticel NV, INOAC Corporation, Trelleborg AB, BASF SE, UFP Technologies, Inc., FXI Holdings, Inc., Rogers Corporation, Freudenberg Group, Armacell International, S.A., and Molnlycke Health Care and others are key players in the global medical foam market.

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