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The Global Medical Foam Market is expected to grow at a significant CAGR during the forecast period. The Global Medical Foam Market is driven by growing requirement for superior-quality medical products across the globe. Moreover, governments across the world are investing more on healthcare infrastructure, which is anticipated to positively impact the growth of the market during the forecast period. Also, rising old age population is further expected to bolster the growth of the market over the next few years.Speak directly to the analyst to clarify any post sales queries you may have.
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The Global Medical Foam Market is segmented based on foam, material, application, company, and region. Based on foam, the market can be categorized into flexible, rigid, spray. Out of which, the flexible foam segment dominated the market in terms of largest market share during 2019 and is expected to maintain its leading position the market during the forecast period as well. This can be ascribed to fact that flexible foam is the most consumed foam type owing to the benefits it offers such as it is flexible, soft and resilient, softness, moisture resistance, high impact & mechanical properties, among others. In addition to this, its lower cost in comparison to other alternative foam, is further boosting the market growth. Moreover, extensive consumption of flexible foam in bedding & cushioning applications, foam dressing in wound care applications and packaging of medical devices, among others, is driving the market growth.
Major players operating in the Global Medical Foam Market include The Dow Chemical Company, SEKISUI CHEMICAL CO., LTD., Huntsman Corporation, Trelleborg AB, BASF SE, Recticel NV, INOAC Corporation, UFP Technologies, Inc., FXI Holdings, Inc., Armacell International S.A., Rogers Corporation, Freudenberg Group, Molnlycke Health Care, VPC Group Inc., FoamPartner Group and others. The companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions, partnership, agreements, and new developments.
Years considered for this report:
- Historical Years: 2015-2018
- Base Year: 2019
- Estimated Year: 2020
- Forecast Period: 2021–2025
Objective of the Study:
- To analyze and estimate the market size of the Global Medical Foam Market from 2015 to 2018.
- To estimate and forecast the market size of the Global Medical Foam Market from 2019 to 2025 and growth rate until 2025.
- To classify and forecast the Global Medical Foam Market based on foam, material, application, company and regional distribution.
- To identify dominant region or segment in the Global Medical Foam Market.
- To identify drivers and challenges for the Global Medical Foam Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Medical Foam Market.
- To conduct pricing analysis for the Global Medical Foam Market.
- To identify and analyze the profile of leading players operating in the Global Medical Foam Market.
- To identify key sustainable strategies adopted by market players in the Global Medical Foam Market.
The author performed both primary as well as exhaustive secondary research for this study. Initially, they sourced a list of manufacturers across the globe. Subsequently, they conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, they could include the manufacturers which could not be identified due to the limitations of secondary research. The author analyzed the manufacturers and presence of all major players across the globe.
The author calculated the market size of the Global Medical Foam Market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. They sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Medical foam manufacturers, suppliers, distributors and other stakeholders
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to medical foam
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Global Medical Foam Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Global Medical Foam Market, By Form:
- Flexible
- Rigid
- Spray
Global Medical Foam Market, By Material:
- Polymers
- Latex
- Metals
Global Medical Foam Market, By Application:
- Bedding & Cushioning
- Medical Packaging
- Medical Devices & Components
- Prosthetics & Wound Care
- Others
Global Medical Foam Market, By Region:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Netherland
- Russia
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Singapore
- Indonesia
- Malaysia
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Egypt
- Nigeria
- South America
- Brazil
- Argentina
- Colombia
Competitive Landscape:
- Company Profiles: Detailed analysis of the major companies present in the Global Medical Foam Market.
Available Customizations:
With the given market data, the author offers customizations according to a client’s specific needs.
Table of Contents
1. Product Overview2. Research Methodology3. Impact of COVID-19 on Global Medical Foam Market4. Executive Summary5. Voice of Customer13. Market Trends & Developments15. Strategic Recommendations16. About Us & Disclaimer
6. Global Medical Foam Market Outlook
7. Asia-Pacific Medical Foam Market Outlook
8. Europe Medical Foam Market Outlook
9. North America Medical Foam Market Outlook
10. South America Medical Foam Market Outlook
11. Middle East and Africa Medical Foam Market Outlook
12. Market Dynamics
14. Competitive Landscape
Companies Mentioned
A selection of companies mentioned in this report includes:
- The Dow Chemical Company
- SEKISUI CHEMICAL CO., LTD.
- Huntsman Corporation
- Trelleborg AB
- BASF SE
- Recticel NV
- INOAC Corporation
- UFP Technologies, Inc.
- FXI Holdings, Inc.
- Armacell International S.A.
- Rogers Corporation
- Freudenberg Group
- Molnlycke Health Care
- VPC Group Inc.
- FoamPartner Group