Medical Foam Market Size Worth to Reach USD 41.59 Billion in 2028 by Reports And Data

Rising demand for advanced wound care products for treatment of chronic and acute wounds, including for diabetics and for pressure ulcers, post-operative wounds, and burns is expected to increase utilization of medical foam for wound care. Manufacturers are increasingly investing in the development of medical foam for wound care applications which would spread uniformly over the skin surface and allow better coverage of the contact area.

The global medical foam market size is expected to reach USD 41.59 Billion in 2028 and register a revenue CAGR of 7.3% over the forecast period, according to a latest report by Reports and Data. Market revenue growth is primarily driven by rising usage of medical foam products in the healthcare industry for applications such as patient and medical device cushioning, sealing in medical devices, and fluid management in long-term wear wound dressings.

Major players in the market include:

The Dow Chemical Company, Sekisui Chemical Co., LTD., Huntsman Corporation, Trelleborg AB, BASF SE, Recticel NV, INOAC Corporation, UFP Technologies, Inc., FXI HOLDINGS, INC., and ARMACELL INTERNATIONAL S.A.

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Some Key Highlights From the Report:

In March 2020, 3M launched 3M single coated medical white Polyolefin Foam Tape, which is easy to handle, fluid resistant, conformable, and a thinner version of 1773 foam tape. The single-sided medical tape consists of closed cell, medium white polyethylene foam, coated with a pressure sensitive acrylic adhesive. Applications of 3M single coated medical white polyolefin foam tape include first aid dressings, cushioning, and wound care dressings. It can also be utilized for healthcare or medical device construction and can be printed to create temporary tattoos.

The medical foam market in Asia Pacific is expected to register fastest revenue growth rate over the forecast period. Growth in the medical device industry and rising spending on public and private healthcare facilities in countries such as China and India are key factors driving rising demand for medical foam products for various applications in the healthcare industry.

Polymers segment is expected to account for largest revenue share in the global medical foam market over the forecast period owing to ability of polymers to provide excellent cushioning. Polymer foams have wide application areas due to resistance to impact, damping properties, high thermal insulation, and lightweight.

Bedding & cushioning segment is expected to account for a considerably robust revenue share in the global medical foam market. Rising prevalence of non-communicable diseases due to sedentary lifestyle and increasing geriatric population are expected to boost demand for bedding and cushioning, which in turn, is driving usage of medical foam.'

Flexible foam segment is expected to register significant revenue growth over the forecast period. Increasing utilization of flexible foam for patient and medical device cushioning, bedding, wound dressings, and medical packaging solutions is projected to continue to drive revenue growth of this segment.

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For the purpose of this report, Reports and Data has segmented the global medical foam market based on material, foam type, application, and region:

Material Outlook (Revenue, USD Billion; 2018-2028)

Latex
Polymers
Metals

Foam Type Outlook (Revenue, USD Billion; 2018-2028)

Rigid Foam
Flexible Foam
Spray Foam

Application Outlook (Revenue, USD Billion; 2018-2028)

Medical Packaging
Bedding & Cushioning
Prosthetics & Wound Care
Medical Devices & Components
Others

Regional Outlook (Revenue, USD Billion; 2018-2028)

North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
Sweden
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
MEA
Saudi Arabia
UAE
South Africa
Israel
Rest of MEA

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Table of Content:

Chapter 1. Market Synopsis

1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2020-2028

Chapter 3. Indicative Metrics

Chapter 4. Medical Foam Market Segmentation & Impact Analysis
4.1. Medical Foam Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis

Continue…

Key Questions Answered in The Report:

-What will be the market size and growth rate in the forecast year?
-What are the key factors driving the global Medical Foam market?
-What are the risks and challenges in front of the market?
-Who are the key players in the global Medical Foam market?
-What are the trending factors influencing the market shares?
-What are the key outcomes of Porter’s five forces model?
-Which are the global opportunities for expanding the global Medical Foam market?

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