Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Foam offers manufacturers a full palette of potential materials. They can use it to absorb, seal, filter, wick, cushion, insulate, or support loads. Besides, they can be heated, compressed and laminated to change its characteristics. Foam plays a crucial role in surgery masks, cervical collars, thermal insulation and wound-care products, fluid regulators, and acoustic absorbers and dampers. This kind of versatility makes foam unique as a design material. Moreover, advanced fabrication techniques and the latest in polymer chemistry can take on a wide range of different properties, including shape retention, water resistance or absorbency, porosity, density, and a myriad of physical characteristics.
The mounting population reflects in the increasing demand for high-quality medical products which aid the global medical foam market. The rising industrialization results in the increase of medical foam industries setup which in turn boost the global market. The demand for high production of the sterilized medical packaged materials along with the increased aging population accelerates the growth of the global market.
Medical foams have attained a substantial reputation in the healthcare industry over the years owing to their exceptional applications in medical practices. The usage of medical foams in wound dressing, medical supports, prosthetic padding, medical aids, etc., and their properties that contain softness, flexibility, absorbency and durability makes them inimitable in medical practices.
Moreover, the growing population results in the increasing demand for high-quality medical products which help the global medical foam market escalate. The rising industrialization results in the increase of medical foam industries setup which in turn boost the global market. The demand for high production of the sterilized medical packaged materials along with the increased aging population accelerates the growth of the global market.
The study analyses Global Medical Foam market based on form, material, application and geography.
By form, the medical foam market is categorized into flexible, rigid and spray. Flexible foam is anticipated to dominate the market over the forecast period. The demand for high production of the sterilized medical packaged materials along with the increased aging population accelerates the growth of the global market. However, spray foam segment is expected to be the fastest growing segment both in terms of volume as well as value.
Polyolefin, polystyrene, polyurethane, polyvinyl chloride are some of the major materials used for the production of medical foam. Polyurethanes can outperform many other materials in flexibility, tear resistance and abrasion resistance. This is because many devices that are used in these areas can rub against other materials and bend repeatedly. Without polyurethanes, the continued rubbing and bending could result in the device weakening or could cause failure in extreme cases.
The global medical foam market finds application bedding & cushioning, medical packaging, medical devices & components, prosthetic & wound care and others. Bedding & cushioning application segment led the market holding majority of the market share. Rising demand for hospital beds, seat cushioning, and bed accessories, such as pillow support, head, neck, and shoulders supports, is expected to be a major factor driving the segment growth. Furthermore, the rise in health care development, establishment of new hospital facilities in the rural areas, and ongoing corona pandemic have further increased the demand for bedding & cushioning, which, in turn, is anticipated to propel the product demand in this segment.
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. Asia-pacific region is expected to dominate the global medical foam market due to growing end-use industries, advanced technologies, and the rising trend. The increasing demand for the medical instruments, pharmaceutical products, and medical institutes fuels the market in the emerging regions such as India, China, Japan, and rest of the Asia Pacific. The regions throughout the globe are experiencing an increased development in the medical foam market due to the growing population and increasing demand for the medical foam products which in turn boost the medical foam industries in those regions.
Some leading players operating in this market includes BASF SE, Armacell International, SA, Bayer AG, Foamcraft, Inc., Foampartner Group, Future Foam, Inc., Fxi-Foamex Innovations, Inoac Corporation, Recticel Nv/Sa, Rogers Corporation, Sekisui Chemical Co., Ltd., The DOW Chemical Company, Trelleborg AB, UFP Technologies, Inc., The Vita Group (UK) and among others. Key strategies implemented by major players in Medical Foam market to improve the revenue are new product launch and acquisitions with other organizations to improve the market growth.
The study analyses Global Medical Foam market based on form, material, application and geography. By form, the medical foam market is categorized into flexible, rigid and spray. Flexible foam is anticipated to dominate the market over the forecast period. Polyolefin, polystyrene, polyurethane, polyvinyl chloride are some of the major materials used for the production of medical foam. Polyurethanes can outperform many other materials in flexibility, tear resistance and abrasion resistance. The global medical foam market finds application bedding & cushioning, medical packaging, medical devices & components, prosthetic & wound care and others. Bedding & cushioning application segment led the market holding majority of the market share. Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. Asia-pacific region is expected to dominate the global medical foam market due to growing end-use industries, advanced technologies, and the rising trend.
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