Medical Foam Global Market Report 2024

Description

Medical foam is a specialized foam used in healthcare for cushioning, wound care, and support. It is crafted to be durable, hypoallergenic, and often has antimicrobial properties, offering comfort, pressure relief, and protection for patients. Medical foam finds its applications in mattresses, padding for medical devices, dressings, and orthotic supports, enhancing patient care and recovery.

The primary types of medical foam include flexible foam, rigid foam, and spray foam. Flexible foam is soft and pliable, making it ideal for situations where comfort and cushioning are crucial. Various products include polyurethane (PU), polystyrene (PS), polyolefin, polyvinyl chloride (PVC), among others, and are used in applications such as bedding, medical packaging, medical devices and components, prosthetics, and wound care.

The medical foam market research report is one of a series of new reports from The Business Research Company that provides medical foam market statistics, including medical foam industry global market size, regional shares, competitors with a medical foam market share, detailed medical foam market segments, market trends and opportunities, and any further data you may need to thrive in the medical foam industry. This medical foam market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The medical foam market size has grown strongly in recent years. It will grow from $31.03 billion in 2023 to $34.06 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The expansion observed in the past can be linked to the growing elderly population, advancements in healthcare, an increasing aging demographic, heightened focus on wellness, and a rise in the number of diabetics.

The medical foam market size is expected to see strong growth in the next few years. It will grow to $49.67 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%. The anticipated growth in the forecast period is driven by the rising number of surgical procedures, improvements in healthcare, the increasing prevalence of chronic and cardiovascular diseases, and higher disposable income. Key trends during this period include innovations in foam-based drug delivery systems, technological progress, the introduction of injection-molded titanium foam, advanced wound management methods, and the adoption of smart technologies.

The increasing prevalence of diabetes is expected to drive the growth of the medical foam market in the future. Diabetes is a chronic condition where the body either fails to produce sufficient insulin or cannot effectively use the insulin it produces, leading to elevated blood sugar levels and serious health complications if not properly managed. The rise in diabetes cases is linked to factors such as sedentary lifestyles, poor dietary habits, obesity, genetics, and an aging population. Medical foam plays a crucial role in diabetes care, particularly in treating diabetic ulcers by offering a protective barrier that absorbs exudate and aids in the healing process. For example, in June 2024, the National Health Service (NHS), a publicly funded healthcare system in England, reported that 3,615,330 people were registered with general practitioners as having non-diabetic hyperglycemia (pre-diabetes) in 2023, up from 3,065,825 in 2022-an increase of nearly 18%. Thus, the growing prevalence of diabetes is fueling the demand for medical foam.

Key companies in the medical foam market are focusing on developing innovative materials, such as digital foam, to gain a competitive edge. Digital medical foam includes advanced foam dressings integrated with digital sensors to monitor wound conditions in real-time, improving wound care management. For instance, in October 2023, EOS GmbH, a Germany-based provider of industrial 3D printing solutions, introduced the DIGITAL FOAM Architects Network. This initiative allows for the design of customized foam structures with enhanced properties for medical applications and integrates smart technologies into foam products. This innovation improves functionality in areas such as wound care and prosthetics, advancing the medical foam sector by offering tailored solutions to meet specific healthcare needs.

In May 2023, Probo Medical, a U.S.-based company specializing in medical imaging equipment and repair services, acquired the MRI Coil Repair Operation of Creative Foam for an undisclosed sum. This acquisition was intended to strengthen Probo Medical's expertise in medical imaging repair, particularly in MRI coil repairs, thereby broadening its service offerings to healthcare providers. Creative Foam, the seller, is a U.S.-based company known for its medical foam products.

Major companies operating in the medical foam market are Bayer AG, 3M Company, Shin-Etsu Chemical Co. Ltd., Freudenberg Group, Avery Dennison Corp., Huntsman International LLC., Nitto Denko Corporation, Sonoco Products Company, FMC Biopolymer AS, Avient Corporation, Porex Corporation, Carpenter Co., FXI Holdings Inc., Rogers Corp., Armacell International Holding GmbH, Inoac Corporation, Future Foam, FoamPartner Group, General Plastics Manufacturing Company Inc., Recticel, Foamtec International, Technifoam

North America was the largest region in the medical foam market in 2023. The regions covered in the medical foam market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the medical foam market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The medical foam market consists of sales of pressure ulcer pads, ostomy seals, surgical positioning pads, prosthetic liners, and splint padding. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Medical Foam Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on medical foam market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for medical foam ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The medical foam market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:1) By Foam Type: Flexible Foam; Rigid Foam; Spray Foam
2) By Product: Polyurethane (PU); Polystyrene (PS); Polyolefin; Polyvinyl Chloride (PVC); Other Products
3) By Application: Bedding And Cushioning; Medical Packaging; Medical Devices And Components; Prosthetics And Wound Care; Other Applications
Companies Mentioned: Bayer AG; 3M Company; Shin-Etsu Chemical Co. Ltd.; Freudenberg Group; Avery Dennison Corp.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Product Code: r20731

1. Executive Summary

2. Medical Foam Market Characteristics

3. Medical Foam Market Trends And Strategies

4. Medical Foam Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Medical Foam Market Size and Growth

5.1. Global Medical Foam Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Medical Foam Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Medical Foam Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Medical Foam Market Segmentation

6.1. Global Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Flexible Foam
Rigid Foam
Spray Foam
6.2. Global Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Polyurethane (PU)
Polystyrene (PS)
Polyolefin
Polyvinyl Chloride (PVC)
Other Products
6.3. Global Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Bedding And Cushioning
Medical Packaging
Medical Devices And Components
Prosthetics And Wound Care
Other Applications

7. Medical Foam Market Regional And Country Analysis

7.1. Global Medical Foam Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Medical Foam Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Medical Foam Market

8.1. Asia-Pacific Medical Foam Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Medical Foam Market

9.1. China Medical Foam Market Overview
9.2. China Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Medical Foam Market

10.1. India Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Medical Foam Market

11.1. Japan Medical Foam Market Overview
11.2. Japan Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Medical Foam Market

12.1. Australia Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Medical Foam Market

13.1. Indonesia Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Medical Foam Market

14.1. South Korea Medical Foam Market Overview
14.2. South Korea Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Medical Foam Market

15.1. Western Europe Medical Foam Market Overview
15.2. Western Europe Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Medical Foam Market

16.1. UK Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Medical Foam Market

17.1. Germany Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Medical Foam Market

18.1. France Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Medical Foam Market

19.1. Italy Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Medical Foam Market

20.1. Spain Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Medical Foam Market

21.1. Eastern Europe Medical Foam Market Overview
21.2. Eastern Europe Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Medical Foam Market

22.1. Russia Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Medical Foam Market

23.1. North America Medical Foam Market Overview
23.2. North America Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Medical Foam Market

24.1. USA Medical Foam Market Overview
24.2. USA Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Medical Foam Market

25.1. Canada Medical Foam Market Overview
25.2. Canada Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Medical Foam Market

26.1. South America Medical Foam Market Overview
26.2. South America Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Medical Foam Market

27.1. Brazil Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Medical Foam Market

28.1. Middle East Medical Foam Market Overview
28.2. Middle East Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Medical Foam Market

29.1. Africa Medical Foam Market Overview
29.2. Africa Medical Foam Market, Segmentation By Foam Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Medical Foam Market, Segmentation By Product, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Medical Foam Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Medical Foam Market Competitive Landscape And Company Profiles

30.1. Medical Foam Market Competitive Landscape
30.2. Medical Foam Market Company Profiles
- 30.2.1. Bayer AG
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. 3M Company
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Shin-Etsu Chemical Co. Ltd.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Freudenberg Group
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Avery Dennison Corp.
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Medical Foam Market Other Major And Innovative Companies

31.1. Huntsman International LLC.
31.2. Nitto Denko Corporation
31.3. Sonoco Products Company
31.4. FMC Biopolymer AS
31.5. Avient Corporation
31.6. Porex Corporation
31.7. Carpenter Co.
31.8. FXI Holdings Inc.
31.9. Rogers Corp.
31.10. Armacell International Holding GmbH
31.11. Inoac Corporation
31.12. Future Foam
31.13. FoamPartner Group
31.14. General Plastics Manufacturing Company Inc.
31.15. Recticel

32. Global Medical Foam Market Competitive Benchmarking

33. Global Medical Foam Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Medical Foam Market

35. Medical Foam Market Future Outlook and Potential Analysis

35.1 Medical Foam Market In 2028 - Countries Offering Most New Opportunities
35.2 Medical Foam Market In 2028 - Segments Offering Most New Opportunities
35.3 Medical Foam Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer