Global Foam Dressing Market Size study, by Type (Adhesive Foam Dressing, Non-adhesive Foam Dressing), By Application (Chronic Wounds, Acute Wounds), By End-Use ( Hospitals, Specialty Clinics, Home Healthcare, Others) and Regional Forecasts 2022-2028

Global Foam Dressing Market Size study, by Type (Adhesive Foam Dressing, Non-adhesive Foam Dressing), By Application (Chronic Wounds, Acute Wounds), By End-Use ( Hospitals, Specialty Clinics, Home Healthcare, Others) and Regional Forecasts 2022-2028

Global Foam Dressing Market is valued at approximately USD 1.67 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 4.7% over the forecast period 2022-2028. A foam dressing is made of sterile polyurethane foam and hydrocolloid adhesive, and it is used to treat wounds such as burns, open wounds, pressure ulcers, venous ulcers, and diabetic ulcers. The rising prevalence of chronic wounds and the high incidence rate of diabetic ulcers are driving growth in this market. Among the key drivers propelling market growth are an increase in surgical cases, a rapidly ageing population, and an increase in the number of diabetes patients. According to the World Economic Forum, the current population of Japanese people over 65 years old accounts for 25% of the total population. This figure is expected to rise to 40% by 2060. Because older people are more likely to sustain wounds, the market for foam dressing is expected to expand throughout the forecast period. Another driving factor in the market is an increase in the number of obese/overweight people. According to a Sage Journals & Indian Academy of Neurosciences, 2021 article, the number of obese people in India is estimated to be 135 million. Similarly, according to the Obesity Evidence Hub, two-thirds of Australians, or 35.6 percent, are overweight, with 31.3 percent expected to be obese. These circumstances are expected to increase demand for bariatric treatments and other related surgeries, driving market growth over the forecasted time frame. However, availability of various substitutes along with stringent regulations for foam dressings is expected to hamper the market growth.

The key regions considered for the global Foam Dressing market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. The Asia Pacific market for foam dressing is expected to grow at the fastest rate during the forecast period, with a CAGR of 5.3 percent. This is due to the region's increased chronic diseases and obesity as a result of changing lifestyles. Whereas, due to increasing number of diabetic patients, the rise in the number of obese people, and technological advancements, North America dominates the market and accounted for the highest revenue share.

Major market players included in this report are:
3M
Coloplast Corp.
Medline Industries
Smith & Nephew
Cardinal Health
ConvaTec Group PLC
Derma Sciences Inc. (Integra LifeSciences)
Ethicon (Johnson & Johnson)
McKesson Corporation
Molnlycke Health Care AB
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Adhesive foam dressing
Non-adhesive foam dressing

By Application:
Chronic Wounds
Acute Wounds

By End-use:
Hospitals
Specialty Clinics
Home Healthcare
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Foam Dressing Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Companies Mentioned

3M
Coloplast Corp.
Medline Industries
Smith & Nephew
Cardinal Health
ConvaTec Group PLC
Derma Sciences Inc. (Integra LifeSciences)
Ethicon (Johnson & Johnson)
McKesson Corporation
Molnlycke Health Care AB

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.