Foam Dressing Market - Size, Growth, Outlook, and Opportunity Analysis, 2018 - 2026

A typical wound dressing plays an important role in the healing process. Dressing protects the affected area from bacteria and other harmful particles and provides an environment for healthy healing. Foam dressing is effective for managing exuding wounds by providing a moist environment conducive to the wound healing and reducing dressing pain and discomfort. Foam dressing are made up of semipermeable polyurethane. The interaction region of a foam dressing is non-linting and no-adherent, which makes them easy to remove than other wound dressings. Foam dressing has outer layer that is often hydrophobic or waterproof, which keeps out harmful bacteria and other particulates. Foam dressing can be used for surgical wounds, skin graft, minor burns, abrasions, infected wounds, lacerations, draining peristomal wounds, and leg ulcers. Adhesive foam dressings and non-adhesive foam dressings are available in the market.

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Foam Dressing Market – Dynamics

Rising number of trauma and traffic accident cases along with cumulative number of surgeries performed around the globe is anticipated to boost growth of the foam dressing market. For instance, according to a report published in World Bank 2014, around 78.2 million people are injured due to traffic road accidents each year and as many as 1.3 million people have died. Also, this number is expected to increase by 65% in the next 20 years.

Moreover, increasing surgical cosmetic procedures around the globe is expected to propel growth of the foam dressing market. For instance, according to The International Society of Aesthetic Plastic Surgery 2016 survey report, an overall increase of 9% was observed in surgical and non-surgical cosmetic procedures from 2015 to 2016.

Foam Dressing Market – Regional Insights

Based on regions, the global foam dressing market is segmented into North America, Europe, Latin America, Asia Pacific, Middle East, and Africa. North America holds the dominant position in the foam dressing market, owing to quick adoption of technological advance products and approval of the foam dressing kits for combinational therapy by the U.S FDA is expected to propel market growth in the region. For instance, in 2015, Devon Medical Products Inc. received a Food and Drug Administration (FDA) 510(k) clearance for its extriCARE 2400 negative pressure wound therapy (NPWT) pump to operate with its foam dressing kit.

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Foam Dressing Market – Competitive Landscape

Key players operating in global foam dressing market include Medtronic Plc., Cardinal Health, 3M Company, Mlnlycke Health Care AB, Johnson & Johnson, Medline Industries, Inc., Winner Medical Group Inc., BSN Medical, and Smith & Nephew Plc. Key players are engaged in strategies such as mergers, acquisitions, partnerships, and new product launches to increase their product portfolio and to sustain their presence in the market. For instance, in 2017, Medline Industries, Inc. acquired Centurion Medical Products. Centurion Medical Products manufactures portfolio of vascular insertion trays and best-in-class securement dressings that complement the Medline ERASE BSI solutions.

Foam Dressing Market – Taxonomy: On the basis of product type, the global foam dressing market is segmented into: Adhesive Foam Dressings, Non-adhesive Foam Dressings, On the basis of pore size, the global foam dressing market is segmented into: Small Pore Size, Medium Pore Size, Large Pore Size, On the basis of geography, the global foam dressing market is segmented into: North America, Latin America, Europe, Asia Pacific, Middle East, Africa,.

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