Medical Foam Market Performance to 2030|Key Players, Consumption Status, Production, Regional Analysis, Outlook

Research Reports

Mar 25, 2022

Medical Foam Market Overview

In 2019, the global medical foam market value was registered as USD 25.37 billion. It is expected to exhibit a significant CAGR of 6.0%, with a medical foam market size of USD 40.39 billion during the forecast period (2021-2028).

Medical foam consists of particular antimicrobial substances that reduce the risk of the spread of germs, bacteria, and diseases either in the hospitals or other medical sectors by its resisting quality against contaminants. Polymer foam is used in various applications, including polyurethane foam, polystyrene foam, and polyolefin foam.

Medical foams are majorly used in the healthcare industry for several applications like medical support, hydrophilic dressing, healing, medical bracing, and others. Expanding pharmaceutical industries in both developed and developing countries and rising spending on healthcare infrastructure are accelerating the medical foam market growth.

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Key Players

The major market players in the market are

Trelleborg, Confor (Sweden)
SEKISUI CHEMICAL CO., LTD., Softlon (Japan)
FXI HOLDINGS INC. (US)
UFP Technologies (US)
Huntsman International LLC, Rubinate & Suprasec (US)
INOAC CORPORATION (Japan)
ARMACELL LLC (Germany)
RECTICEL (Belgium)
Molnlyckle Health Care (Sweden)
Rogers Foam Corporation (US)
Freudenberg Group (Germany)

Medical Foam Market Segmentation

The global medical foam market has been divided into form, material, application, and region.

Based on Form

The global medical foam market based on the form is classified into three types such as flexible, rigid, and others like spray.

Based on Material

The global medical foam based on material is trifurcated into three materials: polymers, latex, and metal, due to their superior properties like lightweight, sound absorption, and reliable biocompatibility.

Based on Application

The global medical foam applications are categorized into a few types like bedding & cushioning, medical packaging, medical devices & components, prosthetic & wound care, and others.

Based on Region

The global medical foam market is divided into five significant geographies such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The Asian Pacific region accounts for the maximum medical foam market share of these regions. It is estimated to grow at a significant rate during the assessment period to expand the medical industry in China and India.

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Regional Classification

The global medical foam market based on regions is geographically analyzed into five significant regions like Asia-Pacific, North America, Latin America, Europe, and the Middle East & Africa. Due to the expansion of medical industries in emerging countries like India and China, Asia-Pacific holds the largest market share with a significant growth rate in the coming years. Rising spending on healthcare and growing healthcare awareness is driving the growth of the healthcare industry, which leads to the demand for the medical foam market.

By growing investments in research and development activities in the medical industry, Europe holds a significant share in the global market. Rising spending on healthcare coupled with health consciousness among the consumers is boosting the market’s growth in this region.

Recent Development

October 2021- A biotechnology company, Synedgen Inc. and an SWM International business, and the trusted strategic partner, Scapa Healthcare, announced a special global licensing agreement to launch two latest innovative wound care treatments. These products are built using the proprietary glycochemistry technology platform by Synedgen. The contract also offers Scapa Healthcare the right to utilize glycopolymer technology by Synedgen and several other wound care technologies.

According to the contract, Scapa Healthcare can use glycopolymer technology by Synedgen for surgical care applications and dermal wounds applications. The advanced wound hydrogel formulae and glycopolymer-based wound cleanser are popular for restricting infection and encouraging wound healing by breaking mature biofilm, restricting bacterial infection, and decreasing inflammation and scarring of chronic and acute wounds and surgical incisions. Built with the Defense Advanced Research Projects Agency (DARPA) and the Defense Health Agency (DHA), these wound care treatment products are approved by the FDA. Additionally, this technology provides various opportunities for tailored wound management solutions and other superior wound care technologies, including hydrocolloids, medical foam materials, hydrogels, and collagen.

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Table of Content

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.3 LIST OF ASSUMPTIONS

2.4 MARKETS STRUCTURE

3 MARKET RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

3.2 PRIMARY RESEARCH

3.3 SECONDARY RESEARCH

3.4 MARKET SIZE ESTIMATION

3.5 FORECAST MODEL

4 MARKET FACTOR ANALYSIS

4.1 SUPPLY CHAIN ANALYSIS

4.1.1 RAW FORM SUPPLIERS

4.1.2 MANUFACTURERS/SERVICE PROVIDERS OF MEDICAL FOAM

4.1.3 DISTRIBUTORS/RETAILERS/WHOLESALERS/E-COMMERCE MERCHANTS

4.1.4 END-USE INDUSTRIES

4.2 PORTER’S FIVE FORCES MODEL

4.2.1 THREAT OF NEW ENTRANTS

4.2.2 INTENSITY OF COMPETITIVE RIVALRY

4.2.3 THREAT OF SUBSTITUTES

4.2.4 BARGAINING POWER OF SUPPLIERS

4.2.5 BARGAINING POWER OF BUYERS

4.3 PRICING ANALYSIS

5 MARKET DYNAMICS OF GLOBAL MEDICAL FOAM MARKET

5.1 INTRODUCTION

5.2 DRIVERS

5.3 RESTRAINTS

5.4 OPPORTUNITIES

5.5 CHALLENGES

6. GLOBAL MEDICAL FOAM MARKET, BY FORM

6.1 INTRODUCTION

6.2 FLEXIBLE

6.2.1 MARKET ESTIMATES & FORECAST, 2018–2027

6.2.2 MARKET ESTIMATES & FORECAST, BY REGION, 2018–2027

6.3 RIGID

6.3.1 MARKET ESTIMATES & FORECAST, 2018–2027

6.3.2 MARKET ESTIMATES & FORECAST, BY REGION, 2018–2027

6.4 SPRAY

6.4.1 MARKET ESTIMATES & FORECAST, 2018–2027

6.4.2 MARKET ESTIMATES & FORECAST, BY REGION, 2018–2027

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