Medical Foam Market size to increase by USD 11.76 billion between 2023 to 2028| 3M Co., Advanced Medical Solutions Group Plc, Avery Dennison Corp. and more among key companies - Technavio

NEW YORK, Nov. 3, 2023 /PRNewswire/ -- The Medical Foam Market size is expected to grow by USD 11.76 billion, accelerating at a CAGR of 6.82% during the forecast period, according to Technavio's market analysis. Increasing demand for medical foam in wound care applications is notably driving the medical foam market. However, factor such as regulatory and compliance barriers may impede market growth. The report offers an up-to-date analysis of the market, and to know the exact growth variance and the Y-O-Y growth rate, Request Sample Report

We provide a detailed analysis of 20 companies operating in the medical foam market including 3M Co., Advanced Medical Solutions Group Plc, Avery Dennison Corp., BASF SE, Draka Interfoam B.V., DuPont de Nemours Inc., Foamtec International WCC, Freudenberg and Co. KG, General Plastics Manufacturing Co. Inc., Global Medical Foam Inc., H.B. Fuller Co., Huntsman International LLC, Recticel NV, Rogers Corp., Sekisui Chemical Co. Ltd., Transcontinental Inc., Trelleborg AB, UFP Technologies Inc., Vita Holdings Ltd., and Zotefoams plc.

Medical Foam Market 2024-2028: Company Analysis

Advanced Medical Solutions Group Plc: The company offers medical foam products such as hydrophilic polyurethane foam, which are clinically proven to be effective when treating and managing both acute and chronic wounds.

This report provides a full list of key companies, their strategies, and latest developments. Buy the report now for detailed company information

Medical Foam Market 2024-2028: Segmentation

Type

• Flexible foam
• Rigid foam
• Spray foam

Application

• Bedding and cushioning
• Device and components
• Packaging
• Others

The flexible foam segment is expected to have substantial growth during the forecast period. Within the global market, flexible medical foam stands out as a highly promising product. This foam variety boosts unique attributes, including flexibility and resilience, making it versatile for diverse applications within the healthcare sector. Notably, flexible foam excels in energy absorption, cushioning, and retaining its form. Consequently, it finds utility in medical equipment, mattresses, and orthopedic goods.

Geography 

• North America
• Europe
• APAC
• South America
• Middle East and Africa

As per Technavio's market analysis, North America is set to account for 42% of the global market's growth during the forecast period. The US and Canada are key contributors to the North American medical foam market. The increasing prevalence of chronic illnesses and the aging demographic in this region have underscored the growing importance of medical foam products.

Learn about the contribution of each segment summarized in concise infographics and thorough descriptions. View PDF Sample Report

Related Reports:

Polyurethane (PU) Foam Market: The Polyurethane (PU) Foam Market size is estimated to grow at a CAGR of 7.63% between 2022 and 2027. The size of the market is forecast to increase by 6.84 million tons.

Flexible Foam Market: The flexible foam market is estimated to grow at a CAGR of 6.2% between 2022 and 2027. The size of the market is forecast to increase by USD 15.06 billion.

TOC:

1. Executive Summary
2. Market Landscape
3. Market Sizing
4. Historic Market Sizes
5. Five Forces Analysis
6. Market Segmentation by Type
7. Market Segmentation by Application
8. Market Segmentation by Geography
9. Customer Landscape
10. Geographic Landscape
11. Drivers, Challenges, & Trends
12. Company Landscape
13. Company Analysis
14. Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio