Myriad of applications in the medical sector is likely to boost the demand for medical foam
- Vikas Kumar
- July 11, 2022
- CHEMICAL, NEWS
- Medical Foam Market, Medical Foam Market Forecast, Medical Foam Market Growth, Medical Foam Market News, Medical Foam Market Report, Medical Foam Market Share, Medical Foam Market Size, Medical Foam Market Trend
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The global medical foam market is likely to showcase a growth of around 6% during the forecast period. Owing to its properties like impact resistance, softness, lightweight, and excellent antibacterial properties, among others, it is widely used in healthcare applications including bedding & cushioning, packaging, devices & components, prosthetics & wound care, to name a few.
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The global medical foam market is rising as there is an increase in utilization in the protective packaging of valuable medical devices and bone transplants. It also plays an essential role in patients’ recovery after having major surgeries. Thus, the manufacturers are providing attention to product development and manufacturing of cost-effective medical foam to fulfill the rising demand in the healthcare sector. Further, macro-economic factors, such as rising awareness about standard medical solutions and the increase in the number of hospitals are expected to boost the demand for medical foam. Hence, the global medical foam market is expected to grow during the forecast period.
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Based on foam type, the market is categorized into flexible, rigid, and spray. Among these, flexible has a prominent share in the medical foam market. The reason for the growth of the flexible foam is its consumption in bedding & cushioning, foam dressing in wound care applications, packaging of medical devices, and others. Additionally, the demand for flexible foam is large in applications such as fabrication, lamination, and others due to its properties such as softness, moisture resistance, and mechanical properties.
Based on material, the market is categorized into polymers, metals, and others. Among these, polymers accounted for a substantial share of the medical foam market. As polymers provide excellent cushioning and integrity of contents for the packaging. The main types of polymer foams used for medical purposes are polyethylene foam, polyurethane foam, polyolefin foam, polystyrene foam, and others. Polymer foams have wide application areas due to resistance to impact, damping properties, high thermal insulation, and lightweight.
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For a better understanding of the market adoption of medical foam, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, France, United Kingdom, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. Asia-Pacific accounted for a significant share in the market and is expected to showcase substantial growth during the forecast period owing to a growing base of the healthcare sector due to improving consumer spending power, rapid urbanization, and growing demand for better healthcare facilities. Moreover, with the rising population, the need for hospitals and healthcare facilities is also increasing. These aforementioned factors are fueling the demand for medical foam in the region.
Global Medical Foam Market Segmentation
Market Insight, by Foam Type
Market Insight, by Material
Market Insight, by Application
- Bedding & Cushioning
- Devices & Components
- Prosthetics & Wound Care
Market Insight, by Region
- North America Medical Foam Market
- United States
- Rest of North America
- Europe Medical Foam Market
- United Kingdom
- Rest of Europe
- Asia-Pacific Medical Foam Market
- Rest of Asia-Pacific
- Rest of World Medical Foam Market
• Sekisui Chemical Co., Ltd.
• Huntsman Corporation
• BASF SE
• INOAC Corporation
• UFP Technologies, Inc.
• Armacell International S.A.
• General Plastics Manufacturing Company
• Freudenberg Performance Materials Holding SE & Co. KG
• Foamtec International Co. Ltd.
• Apollo Foam Limited