Global Medical Foam Market 2024-2028
The medical foam market is forecasted to grow by USD 11.76 bn during 2023-2028, accelerating at a CAGR of 6.82% during the forecast period. The report on the medical foam market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for medical foam in wound care applications, growing geriatric population, and increasing prevalence of chronic diseases.
Technavio's medical foam market is segmented as below:
By Type
- Flexible foam
- Rigid foam
- Spray foam
By Application
- Bedding and cushioning
- Device and components
- Packaging
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing demand for medical foam in orthopedics as one of the prime reasons driving the medical foam market growth during the next few years. Also, technological advancements in foam manufacturing processes and growing adoption of medical foam in patient positioning systems will lead to sizable demand in the market.
The report on the medical foam market covers the following areas:
- Medical foam market sizing
- Medical foam market forecast
- Medical foam market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading medical foam market vendors that include 3M Co., Advanced Medical Solutions Group Plc, Avery Dennison Corp., BASF SE, Draka Interfoam B.V., DuPont de Nemours Inc., Foamtec International WCC, Freudenberg and Co. KG, General Plastics Manufacturing Co. Inc., Global Medical Foam Inc., H.B. Fuller Co., Huntsman International LLC, Recticel NV, Rogers Corp., Sekisui Chemical Co. Ltd., Transcontinental Inc., Trelleborg AB, UFP Technologies Inc., Vita Holdings Ltd., and Zotefoams plc. Also, the medical foam market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.