Medical Foam Market: Global Industry Analysis and Forecast (2022-2027) by Form, Material, Application, and Region

Medical Foam Market size was valued at US$ 29.39 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 6.3% from 2022 to 2027, reaching nearly US$ 42.40 Bn.

Medical Foam Market Overview:

Medical Foam Market is expected to reach US$ 42.40 Bn. by 2027. Medical foam is sterile, stain-resistant, fungal-resistant, and long-lasting. Its other characteristics are decided by how it is used. This report focuses on the different segments of the Medical Foam market (Form, Material, Application, and Region). This report examines the major industry players and regions in depth (North America, Asia Pacific, Europe, Middle East & Africa, and South America). It provides a thorough study of today's rapid improvements across many industries. Facts and numbers, visualisations, and presentations are used to present the primary data analysis for the historical period from 2017 to 2020. The market drivers, restraints, opportunities, and challenges for Medical Foam are examined in this report. The MMR report's investment suggestions are based on a thorough examination of the current competitive environment in the Medical Foam market. Medical Foam Market To know about the Research Methodology :- Request Free Sample Report

Medical Foam Market Dynamics:

The growing senior population, an increase in global health expenditure, the quick development of the medical equipment sector, and consumer focus on health and periodic hygiene are all contributing to this trend. Medical foams are designed to suit a wide range of needs in the healthcare business, including the challenges that come with working in a medical setting. Such problems include the barrier against germs to limit the likelihood of germ and disease spread. Medical foams have exceptional antibacterial qualities, making them ideal for usage in situations that must be kept sterile. Because of their superior impact absorption and lightweight qualities, these foams are also employed in wound care, medical packaging, medical equipment, and prosthetics. Increasing global population and rising health concerns among consumers about personal hygiene as a result of increasing cases of epidemic outbreaks, such as COVID-19, H1N1 Swine flu, and H5N1 Avian influenza in recent years, are driving demand for medical devices, hospital bedding, and other medical equipment for treatment purposes, which is expected to drive product demand during the forecast period. As it is lightweight and has great compressive and tensile strengths, the product is increasingly being employed as an alternative for traditional materials in the healthcare sector for creating equipment such as prosthetics and orthopaedic models. During the forecast period, this is expected to boost the medical foam market growth. In addition, the use of medical-grade foams for the packaging of a variety of pharmaceutical items and medical equipment is expected to be a key factor in the market's growth during the forecast period.

Medical Foam Market Segment Analysis:

The Medical Foam Market is segmented by Form, Material, and Application. Based on the Form, the market is segmented into Flexible Foam, Rigid Foam, and Spray Foam. Flexible Foam segment is expected to hold the largest market share of xx% by 2027. The consumption of bedding & cushioning applications, medical device packaging, and foam dressing in wound care applications, among other things, has contributed to the growth of this market segment. Flexible foam is more commonly used in these applications due to its softness, moisture resistance, and high impact and mechanical qualities. Medical Foam Market Based on the Material, the market is segmented into Polymers, Latex, and Metals. Polymers material segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2027. This is due to its low weight, heat retention, sound absorption, biocompatibility, and excellent cushioning properties. Polyurethane foam, polystyrene foam, polyolefin foam, and others are some of the major types of polymer foam used in medical applications. Medical foam is expected to be dominated by the polymers segment of the market. Based on the Application, the market is segmented into Bedding & Cushioning, Medical Packaging, Medical Devices & Components, Prosthetics & Wound Care, and Others. Bedding & Cushioning segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2022-2027. A major factor boosting segment growth is expected to be rising demand for hospital beds, seat cushioning, and bed accessories such as pillow support, head, neck, and shoulder supports. Moreover, the rise in health-care development, the opening of new healthcare facilities in rural regions, and the ongoing corona outbreak have boosted need for bedding and cushioning, which is expected to drive product demand in this segment.

Medical Foam Market Regional Insights:

The North American region is expected to dominate the Medical Foam Market during the forecast period 2022-2027. The North American region is expected to hold the largest market share of xx% by 2027. Medical device demand is expected to rise dramatically during the forecast period, leading to rising per capita health expenditure in the United States. The need for medical foam in the region is estimated to increase as a result of this. In addition, one of the key factors affecting the market in North America is rising per capita healthcare spending in the form of health insurance in the United States. During the forecast period 2022-2027, this is expected to boost demand for generic pharmaceuticals and medical devices, driving the regional market forward. Medical packaging and medical component manufacturing are two of the most important applications served by this market. Medical Foam Market The objective of the report is to present a comprehensive analysis of the Global Medical Foam Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Global Medical Foam Market dynamic and structure by analyzing the market segments and projecting the Global Medical Foam Market size. Clear representation of competitive analysis of key players by Distribution Channel, price, financial position, product portfolio, growth strategies, and regional presence in the Medical Foam Market make the report investor’s guide.

Medical Foam Market Scope: Inquiry Before Buying

Global Medical Foam Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 29.39 Bn.
Forecast Period 2022 to 2027 CAGR: 6.3% Market Size in 2027: US $ 42.40 Bn.
Segments Covered: by Form • Flexible Foam • Rigid Foam • Spray Foam
by Material • Polymers • Latex • Metals
by Application • Bedding & Cushioning • Medical Packaging • Medical Devices & Components • Prosthetics & Wound Care • Others

Medical Foam Market, by Region

• North America • Europe • Asia Pacific • South America • Middle East and Africa

Medical Foam Market Key Players

The Dow Chemical Company (US) • SEKISUI CHEMICAL CO., LTD. (Japan) • Huntsman Corporation (US) • Trelleborg AB (Sweden) • BASF SE (Germany) • Recticel NV (Belgium) • INOAC Corporation (Japan) • UFP Technologies, Inc. (US) • FXI Holdings, Inc. (US) • Armacell International S.A. (Germany) • Rogers Corporation (US) • Freudenberg Group (Germany) • Mölnlycke Health Care AB (Sweden) • VPC Group Inc. (Canada) • FoamPartner Group (Switzerland) • The Woodbridge Group (Canada) • General Plastics Manufacturing Company (US) Frequently Asked Questions: 1] Which region is expected to hold the highest share in the Medical Foam Market? Ans. North America is expected to hold the highest share in the Medical Foam Market. 2] Who are the top key players in the Medical Foam Market? Ans. The Dow Chemical Company (US), SEKISUI CHEMICAL CO., LTD. (Japan), Huntsman Corporation (US), Trelleborg AB (Sweden), and BASF SE (Germany) are the top key players in the Medical Foam Market. 3] Which segment is expected to hold the largest market share in the Medical Foam Market by 2027? Ans. Flexible Foam segment is expected to hold the largest market share in the Medical Foam Market by 2027. 4] What is the market size of the Medical Foam Market by 2027? Ans. The market size of the Medical Foam Market is expected to reach US $42.40 Bn. by 2027. 5] What was the market size of the Medical Foam Market in 2021? Ans. The market size of the Medical Foam Market was worth US $29.39 Bn. in 2021.
1. Global Medical Foam Market: Research Methodology 2. Global Medical Foam Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to the Global Medical Foam Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Medical Foam Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Medical Foam Market Segmentation 4.1 Global Medical Foam Market, by Form (2022-2027) • Flexible Foam • Rigid Foam • Spray Foam 4.2 Global Medical Foam Market, by Material (2022-2027) • Polymers • Latex • Metals 4.3 Global Medical Foam Market, by Application (2022-2027) • Bedding & Cushioning • Medical Packaging • Medical Devices & Components • Prosthetics & Wound Care • Others 5. North America Medical Foam Market (2022-2027) 5.1 North America Medical Foam Market, by Form (2022-2027) • Flexible Foam • Rigid Foam • Spray Foam 5.2 North America Medical Foam Market, by Material (2022-2027) • Polymers • Latex • Metals 5.3 North America Medical Foam Market, by Application (2022-2027) • Bedding & Cushioning • Medical Packaging • Medical Devices & Components • Prosthetics & Wound Care • Others 5.4 North America Medical Foam Market, by Country (2022-2027) • United States • Canada • Mexico 6. Europe Medical Foam Market (2022-2027) 6.1. Europe Medical Foam Market, by Form (2022-2027) 6.2. Europe Medical Foam Market, by Material (2022-2027) 6.3. Europe Medical Foam Market, by Application (2022-2027) 6.4. Europe Medical Foam Market, by Country (2022-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Medical Foam Market (2022-2027) 7.1. Asia Pacific Medical Foam Market, by Form (2022-2027) 7.2. Asia Pacific Medical Foam Market, by Material (2022-2027) 7.3. Asia Pacific Medical Foam Market, by Application (2022-2027) 7.4. Asia Pacific Medical Foam Market, by Country (2022-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. South America Medical Foam Market (2022-2027) 8.1. South America Medical Foam Market, by Form (2022-2027) 8.2. South America Medical Foam Market, by Material (2022-2027) 8.3. South America Medical Foam Market, by Application (2022-2027) 8.4. South America Medical Foam Market, by Country (2022-2027) • Brazil • Argentina • Rest Of South America 9. Middle East and Africa Medical Foam Market (2022-2027) 9.1 Middle East and Africa Medical Foam Market, by Form (2022-2027) 9.2. Middle East and Africa Medical Foam Market, by Material (2022-2027) 9.3. Middle East and Africa Medical Foam Market, by Application (2022-2027) 9.4. Middle East and Africa Medical Foam Market, by Country (2022-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 10. Company Profile: Key players 10.1 The Dow Chemical Company (US) 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 SEKISUI CHEMICAL CO., LTD. (Japan) 10.3 Huntsman Corporation (US) 10.4 Trelleborg AB (Sweden) 10.5 BASF SE (Germany) 10.6 Recticel NV (Belgium) 10.7 INOAC Corporation (Japan) 10.8 UFP Technologies, Inc. (US) 10.9 FXI Holdings, Inc. (US) 10.10 Armacell International S.A. (Germany) 10.11 Rogers Corporation (US) 10.12 Freudenberg Group (Germany) 10.13 Mölnlycke Health Care AB (Sweden) 10.14 VPC Group Inc. (Canada) 10.15 FoamPartner Group (Switzerland) 10.16 The Woodbridge Group (Canada) 10.17 General Plastics Manufacturing Company (US)

About This Report

Report ID 96794
Category Material & Chemical
Published Date
Updated Date May 2022
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