The global medical foam market is expected to grow at a CAGR of 5.87% from 2021 to 2030; Overview of the quince market

Major functional industry players in global medical foam are Future Foam, Rogers, UFP Technologies and The Woodbridge, BASF, The Dow Chemical, Bayer, Huntsman, Trelleborg, Inoac, Vita, Armacell, Foamcraft, Foampartner, Fxi-Foamex innovations

Pune, India, Jan. 19, 2022 (GLOBE NEWSWIRE) — The global medical foam market is expected to reach USD 28.54 billion in 2021 and is expected to grow at a CAGR of 5.87% during the forecast period, according to a detailed market study by Overview of the quince market.

The global medical foam market is mainly driven by the rapid expansion of the medical device industry, as well as increasing global healthcare spending.
Rising global population and rising consumer health concerns related to personal hygiene due to increasing cases of pandemic outbreaks, such as COVID-19, H1N1 flu, and H5N1 avian flu.

Get a sample copy of this report @ https://www.quincemarketinsights.com/request-sample-71503

Also, they are rapidly increasing the demand for numerous hospital beds, medical devices and other medical equipment for treatment purposes, which in turn is expected to boost the demand for medical foam during the period of forecast.
The use of medical foams mainly for the packaging of various medical devices and pharmaceuticals is another important factor serving the expansion of the medical foams market.
Additionally, with the growing demand for implantable medical devices considering the advancements in technology and growing awareness, the growth of the global medical foam market is likely to drive the growth of the global medical foam market during the forecast period.
However, fluctuations in commodity prices are the major factor limiting the market growth over the forecast period.

Global medical foam Market, by form

Based on form, the market is divided into flexible, rigid, spray and others. Among these segments, flexible foam captures the largest market share in the global medical foam market 2021 and is expected to remain the largest till the forecast period. The growth of flexible foam can be attributed to its consumption in bedding and padding applications, foam dressing in wound care applications, medical device packaging, etc.
Moreover, the demand for flexible foam is huge in such applications, mainly due to its characteristics such as softness, high impact and moisture resistance, and mechanical properties.

Global Medical Foam Market, By Product

On the basis of product, the market is divided into polyurethane, polystyrene, polyolefin and others. Among these segments, polyolefin captures the largest market share in the global medical foam market 2021 and is expected to remain the largest till the forecast period. Polyolefin is expected to experience the fastest growth due to its increasing applications in medical components and packaging in the healthcare and medical sectors.
In addition, polyolefin is mainly used for packing sensitive appliances and instruments due to its excellent insulation and vibration damping characteristics.

Global medical foam Market, by material

Based on material type, the market is divided into polymers, latex, metals and others. Among these segments, polymers capture the largest market share in the global medical foam market in 2021 and are expected to remain the largest till the forecast period. Polymers occupy a large share of the market due to their properties such as heat retention, sound absorption, low weight and excellent cushioning biocompatibility.
Also, polystyrene foam, polyurethane foam, polyolefin foam, and others are the most common types of polymeric foam used in medical foam applications. The polymer segment of the medical foam market is expected to dominate the medical foam market.

Global Medical Foam Market, By Grades
Based on grades, the market is divided into heat and moisture exchange (HME) foams, hydrophilic foam, rubber foams, PVA foams, cross-linked foam, viscoelastic or memory foam, and others. Among these segments, heat and moisture exchange (HME) foams capture the largest market share in the global medical foams market in 2021 and are expected to remain the largest till the forecast period 2030.
Heat and Moisture Exchange (HME) foams are one of the essential components of an extremely large selection of important respiratory and anesthesia medical systems and equipment. Thus, with the rise in serious health conditions like cancer, the demand for medical foam in the heart attack market over the forecast period.

Global Medical Foam Market, By Application
Based on application, the market is divided into Bedding & Padding, Medical Packaging, Medical Devices & Components, Prosthetic & Wound Care, and Others. The bedding and padding segment captures the largest market share in the global medical foam market in 2021 and is expected to remain the largest till the forecast period 2030.
Due to the increase in the aging population and the need for patient comfort, the bedding and upholstery segment is expected to be the driving force. In addition to this, soft foams are preferred for bedding and upholstery due to the high resilience they provide.
Materials used in wheelchair seats, cushions, comfort/positioning cushions, surgical beds, orthopedic supports and others. Additionally, it contributes to the demand for medical foams in bedding and upholstery applications.

Survey before buying this report @ https://www.quincemarketinsights.com/enquiry-before-buying/enquiry-before-buying-71503

Global Medical Foam Market, By Region
Based on region, the global medical foam market is assessed across North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

Asia-Pacific holds the largest market share in the global medical foam market in 2021 and is expected to remain the largest during the forecast period. Factors attributed to China is one of the major consumers of medical foam in the Asia-Pacific region.

The market here is witnessing growth due to changing demographics, rising healthcare expenditures, industrial advancement, and improving economic conditions. Additionally, rising per capita healthcare spending under the type of insurance in the United States is one of the many trends impacting the North America market.

Recent key developments in the global medical foam market

September 2017-SABIC continues its global expansion with the development of a new polypropylene pilot plant in Geleen, the Netherlands. Additionally, this expansion and development that the company will focus on will facilitate the growing demand for polypropylene.

Some Key Findings of the Global Medical Foam Market

  • The analysis includes a global Medical Foam study, expansions and forecasts, as well as country specific analysis.

  • In-depth analysis of global medical foam includes segments by shape, product, material, quality, application, and regions with trend-based information and factor analysis.

  • The product offering details on the competitive benchmarking and evolutionary approach adopted by the industry players along with their investments over the past five years in the Global Medical Foam Market have been provided in the report.

  • The market study includes study of provinces, borders, drivers, prospects, guidelines, challenges, and procedures propelling the global medical foam.

  • The study also offers intricate metrics of the potential effect on the market over the forecast period and an in-depth look at the major companies operating in the global market.

  • External and internal variables that could have a positive or negative effect on businesses have been assessed, which will provide decision makers with a strong futuristic view of the industry.

  • The research also aids in understanding the dynamics of the global Medical Foam structure by analyzing market segments and projecting the market size.

  • The report helps to understand the effects of the COVID-19 pandemic on the global medical foam market.

Some major functional industry players in global medical foam are Future Foam, Rogers, UFP Technologies and The Woodbridge, BASF, The Dow Chemical, Bayer, Huntsman, Trelleborg, Inoac, Vita, Armacell, Foamcraft, Foampartner, Fxi-Foamex innovations.

To find more information on this topic, visit Overview of the quince market report titled, medical foam market, by form (flexible, rigid, spray), product (polyurethane, polystyrene and polyolefin and others), grades (heat and moisture exchange (HME) foam, hydrophilic foam, rubber foams, PVA foams, reticulated foam , viscoelastic foam or memory foam and others), application (bedding and padding, medical packaging, medical devices and components, prosthetics and wound care) and region (Asia Pacific, North America, Europe, Middle East and Africa and South America)” —in-depth analysis with the table of contents (ToC).

Buy Now Full Report @ https://www.quincemarketinsights.com/insight/buy-now/medical-foam-market/single_user_license

Contact us:

Ajay D

Overview of the quince market

Pune India

Phone: USA +1 208 405 2835

UK +44 1444 39 0986

APAC +91 706 672 4848

E-mail: sales@quincemarketinsights.com

The Web: www.quincemarketinsights.com

Browse related reports:

Medical Engineered Materials Market, By Type (Medical Plastics, Medical Foams, Medical Films, Medical Elastomers, Medical Adhesives), By Application (Medical Device, Disposable Items, Medical Apparel, Advanced Wound Care), and By Region (South America North, Europe, Asia Pacific, Middle East & Africa and South America) – Market Size and Forecast to 2030

https://www.quincemarketinsights.com/industry-analysis/medical-engineered-materials-market

Asia-Pacific Medical Foam Market, By Shape (Flexible, Rigid, Spray), Material (Polymers, Latex, Metals), Application (Bedding & Padding, Medical Packaging, Medical Devices & Components, Prosthetics & Wound Care), By Countries (China, India, South Korea, Japan, Australia, Indonesia, Rest of Asia-Pacific) – Market Size and Forecast to 2030

https://www.quincemarketinsights.com/industry-analysis/asia-pacific-medical-foam-market

Comments are closed.