Medical Foam Market Size, Share, Trend, Forecast, & Industry Analysis - PowerPoint PPT Presentation

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Medical Foam Market Size, Share, Trend, Forecast, & Industry Analysis

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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 market’s growth during the forecast period. – PowerPoint PPT presentation

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Title: Medical Foam Market Size, Share, Trend, Forecast, & Industry Analysis


1
Presents 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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2
Medical 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.

3
Market 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.

4
Market 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.

5
Competitive 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

6
Research 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

7
Report 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.

8
Market 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)

9
Market 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)

10
About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
High Customer Delight
Rich Industry Experience
Robust Methodology
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11
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12
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