Global Silicone Foam Dressings Market 2023-2030

Global Silicone Foam Dressings Market 2023-2030

Global Silicone Foam Dressings Market Size, Share & Trends Analysis Report by Type (Adhesive Border and Non-Adhesive Border), by Wound Type (Surgical Wounds, Ulcers, Burns, and Others), and by End-User (Hospitals & Clinics and Ambulatory Surgical Centers), Forecast Period (2023-2030)

The global silicone foam dressings market is anticipated to grow at a CAGR of 5.2% during the forecast period (2023-2030). The main factor driving the expansion of the silicone foam dressings market is the rise in acceptance of advanced foam dressings among people all over the globe. Key companies in foam dressing are also anticipated to develop new products and innovate existing ones, resulting in an acceleration of market expansion. According to the National Institute of Health, In June 2022, every year, almost 500,000 Americans seek medical attention for burn injuries. For civilians, these wounds are often received in house fires, car accidents, and workplace mishaps. 5% to 10% of fatalities are attributed to burn injuries. The amount of thermal energy that was exposed for the duration and to specific areas of the body determines the severity of the burns. Various digital technologies and tools are used in the management and treatment of wounds. For instance, in June 2022, DermaRite Industries, a manufacturer of Skin care and advanced wound care, released the next generation of its Interactive Dressing Selection Guide App with enhanced features to make selecting wound dressings even easier than before.

Segmental Outlook

The global silicone foam dressings market is segmented by type, wound type, and end-users. Based on the type, the market is sub-segmented into adhesive border and non-adhesive border. Based on the wound type, the market is sub-segmented into surgical wounds, ulcers including diabetic foot ulcer, pressure ulcer, and venous ulcer; burns, and others (traumatic wounds). Further, on the basis of end-users, the market is sub-segmented into hospitals & clinics and ambulatory surgical centers. Among the type, the non-adhesive sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of non-adherent silicone bandages and pads that provide a pain-free removal process while reducing the risk of re-opening a wound or inflicting more skin damage.

The Burn Sub-Segment is Anticipated to Hold a Considerable Share of the Global Silicone Foam Dressings Market

Among the wound types, the burn sub-segment is expected to hold a considerable share of the global silicone foam dressings market. The segmental growth is attributed to the growing number of burn cases across the globe. According to the National Institute of Health (NIH), approximately 2,50,000 people are burned annually only in the UK. Of these, 1,75,000 attend accident and emergency departments, and 13, 000 of these are admitted to hospitals. Some 1,000 patients have severe enough burns to warrant formal fluid resuscitation; half of these are children aged under 12 years.

Apart from this, the market organizations are developing fiber-based dressings that rapidly swell after absorbing the wound exudate to form a cohesive, transparent gel. The gelling fiber can absorb and lock the exudate. The bacteria and other harmful substances in the exudate are also locked in the dressing, maintaining the optimal moist healing environment. For instance, in May 2022, Winner Medical announce its new development in the advanced wound care segment. The company was expected to launch a bordered silicone foam dressing with antibodies and SAF. Winner Medical CMC Gelling Fiber Dressing Extra is composed of gelling fiber non-woven fabric and polyester reinforcing thread, the strength in a dry and wet state is better after the suture is strengthened.

Regional Outlook

The global silicone foam dressings market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, the Asia-Pacific region is anticipated to hold a prominent share of the market across the globe, owing to the increasing burn cases, various ulcers, open wounds, and rising surgical cases across the region. The Key Market players include 3M, Organogenesis Holdings Inc., Johnson & Johnson Services, Inc., and MiMedx.

The North America Region is Expected to Grow at a Significant CAGR in the Global Silicone Foam Dressings Market

Among all regions, the North America region is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to the availability of well-developed healthcare infrastructure, the presence of a majority of key players, the rise in the prevalence of chronic wounds, and the availability of advanced surgical products in this region. In addition, the North America foam dressings market is driven by factors such as an increase in the prevalence of various types of ulcers causing chronic wounds, advancements in foam dressings, and favorable reimbursement policies for wound management.

The growth of the market is primarily driven by the vast population base and growing patient pool in nations like the US and Canada. Additionally, diabetic people are more likely to sustain chronic wounds, and a rise in the diabetic population is likely to surge the demand for foam dressing supplies in this region. According to the American Diabetes Association (ADA), almost 1.9 million Americans, including roughly 244,000 children and teenagers, have type 1 diabetes, whereas 11.3% of the population, or 37.3 million Americans, were estimated to have diabetes in 2019. Additionally, the increasing number of gunshot wounds and traumatic accidents and the availability of skilled professionals in this region are expected to drive the demand for silicone foam dressing products in North America.

Market Players Outlook

The major companies serving the silicone foam dressings market include 3M, Organogenesis Holdings Inc., Johnson & Johnson Services, Inc., MiMedx and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2023, Medline announced it has expanded its partnership with Georgia-based Wellstar Health System with a multi-year laboratory prime vendor agreement to help drive standardization, cost savings and operational efficiencies. As Wellstar’s medical and surgical supplies partner for more than six years, Medline will now also provide an extensive portfolio of laboratory supplies and solutions.

The Report Covers

Market value data analysis of 2022 and forecast to 2030.

Annualized market revenues ($ million) for each market segment.

Country-wise analysis of major geographical regions.

Key companies operating in the global silicone foam dressings market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

Analysis of market-entry and market expansion strategies.

Competitive strategies by identifying ‘who-stands-where’ in the market.