Title: Medical Foam Market Size, Share, Trend, Forecast, & Industry Analysis
1Presents a Research Report on
Medical Foam Market
The Medical Foam Market is Segmented by Form Type
(Flexible Foam, Rigid Foam, and Spray Foam), by
Material Type (Polymers, Latex, and Metals), by
Application Type (Bedding Cushioning, Medical
Packaging, Medical Devices Components,
Prosthetics Wound Care, and Others), and by
Region (North America, Europe, Asia-Pacific, and
Rest of the World)
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2Medical Foam Market Growth and Forecast
Highlights Drivers
- Medical Foam Market is likely to witness a
promising CAGR of 6.1 during the forecast
period. - With the increasing population and extended life
expectancy comes the growing ageing population,
which demands for efficient care and comfort. - This, along with the rising global health
expenditure, rapid growth of implantable devices,
and an incessant shift from traditional to
advanced wound care products are some key factors
adding a stir in the demand for medical foams,
fueling the markets growth during the forecast
period. - These are some key factors adding a stir in the
demand for medical foams, fueling the markets
growth during the forecast period. - Medical grade foams are quite different than any
other commodity foams in a manner that they are
specially graded biocompatible, non-toxic, low
particulate and sterilized, formulated for
various challenging applications in the medical
industry. - They are needed to fulfill certain criteria and
standards defined by the industry ISO 10993
protocol, raw material formulation registered
with the FDA, 510K Submissions, USP
Classification, etc. - These medical grade foams prove to be very
crucial for the medical industry as they are
resistant to contaminates and enable efficient
cleansing of rooms for anti-bacterial
applications, in turn, reducing the risk of
disease and spread of germs which is quite common
in hospitals. - Technological advancements in the healthcare
industry, shift from traditional to advanced
wound care system, and increasing number of
surgical procedures, globally, are some key
factors driving the demand for medical foams.
3Market Insights
- By Form Type
- The market is segmented as flexible foam, rigid
foam, and spray foam. - The flexible foam segment held the largest share
of the market in 2019, and is expected to remain
dominant during the forecast period. - The rising demand for medical foam in
applications such as bedding cushioning,
packaging of medical devices, and foam dressing
in wound care, among others, coupled with its
favorable properties such as softness, moisture
resistance, high impact and mechanical resistance
is propelling the segments market. - By Material Type
- The market is segmented as polymers, latex, and
metals. - The polymers segment is expected to maintain its
vanguard in the market, owing to its superior
properties such as low weight, heat preservation,
sound absorption, biocompatibility, and excellent
cushioning, as compared to its competing
materials. - There has been a trend towards increasing
adoption of polymers across various industries
for an unimaginable range of applications, owing
to the easy availability of raw materials and
ease of manufacturing, which ultimately leads to
cost saving.
4Market Insights
- By Material Type
- The market is segmented as bedding cushioning,
medical packaging, medical devices components,
prosthetics wound care, and others. - The bedding cushioning segment is expected to
assert its supremacy in the market during the
forecast period. - With growing population, increased life
expectancy and hence, ageing population, there
has been several efforts to ensure patient
comfort. Surgical beds, cushions,
comfort/positioning pads, wheelchair seats, and
orthopedic support are all examples of flexible
medical foam application. - They are the preferred choice of material for
bedding and upholstery as they offer high
resilience. - By Region
- Asia-Pacific is estimated to be the largest
market during the forecast period, with China,
Japan, and India being the major countries with
lucrative growth opportunities. - This growth can be attributed to the rapid
demographic changes, increasing healthcare
expenditure, excellent industrial development,
and improving economic conditions. - North America and Europe are also expected to
offer substantial growth opportunities during the
forecast period.
5Competitive Insights
Medical Foam Market, regional expansion, and
execution of mergers acquisitions are the key
strategies adopted by the major players to gain a
competitive edge in the market. Key Companies
Analysed
- Armacell International Holding GmbH
- BASF SE
- Freudenberg Group
- FXI Holdings, Inc.
- Huntsman Corporation
- INOAC Corporation
- Mölnlycke Health Care
- Recticel NV
- Rogers Corporation
- SEKISUI CHEMICAL CO., LTD.
- The Dow Chemical Company
- Trelleborg AB
- UFP Technologies, Inc
6Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
- Annual Reports / Fact Book
- Company Websites
- Magazines / Publications
- Press Releases Journals
- Industry News
- Association Articles
- Government Documents
- Social Media
- Others
- Robust database across value chain
- In-house industry veterans as advisors
- Project based subject matter experts
- Industry Players
- Industry Experts
- Suppliers
- Customers
- Associations
- Government Institutions
- Others
7Report Features
- This report provides market intelligence in the
most comprehensive way. The report structure has
been kept such that it offers maximum business
value. It provides critical insights on the
market dynamics and will enable strategic
decision making for the existing market players
as well as those willing to enter the market. The
following are the key features of the report - Market structure Overview, industry life cycle
analysis, supply chain analysis. - Market environment analysis Growth drivers and
constraints, Porters five forces analysis, SWOT
analysis. - Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics Market share,
product portfolio, product launches, etc. - Attractive market segments and associated growth
opportunities. - Emerging trends.
- Strategic growth opportunities for the existing
and new players. - Key success factors.
8Market Segmentation
- The medical foam market is segmented into the
following categories. - Medical Foam Market Size, Share, Forecast, by
Form Type - Flexible Foam (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Rigid Foam (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Spray Foam (Regional Analysis North America,
Europe, Asia-Pacific, and RoW) - Medical Foam Market Size, Share, Forecast, by
Material Type - Polymers
- (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - (Material Type Analysis Polyurethane,
Polystyrene, Polyolefin, and Others) - Latex
- (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - (Material Type Analysis Synthetic, Blended, and
Natural) - Metals
- (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - (Material Type Analysis Titanium, Copper, and
Others)
9Market Segmentation
- Medical Foam Market Size, Share, Forecast, by
Application Type - Bedding Cushioning (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Medical Packaging (Regional Analysis North
America, Europe, Asia-Pacific, and RoW) - Medical Devices Components (Regional Analysis
North America, Europe, Asia-Pacific, and RoW) - Prosthetics Wound Care (Regional Analysis
North America, Europe, Asia-Pacific, and RoW) - Others (Regional Analysis North America, Europe,
Asia-Pacific, and RoW) - Medical Foam Market Size, Share, Forecast, by
Region - North America (Country Analysis the USA, Canada,
and Mexico) - Europe (Country Analysis Germany, France, the
UK, Russia, Spain, and Rest of Europe) - Asia-Pacific (Country Analysis China, Japan,
India, South Korea, and Rest of Asia-Pacific) - Rest of the World (Sub-Region Analysis Latin
America, the Middle East, and Others)
10About Stratview Research
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