Foam Dressings Market growing at a CAGR of 4.1% to 2032 | Region wise, North America was the highest revenue contributor
|
Report Coverage |
Details |
|
Forecast Period |
2023-2032 |
|
Base Year |
2022 |
|
Market Size in 2021 |
$1.7 billion |
|
Market Size in 2031 |
$2.5 billion |
|
CAGR |
4.1 % |
|
No. of Pages in Report |
289 |
|
Segments covered |
type, material, application, end-user, and region. |
|
Drivers |
Increase in adoption of advanced foam dressing among the population around the globe Increase in prevalence of accidental injuries and burn cases around the globe |
|
Opportunities |
Emerging markets possess high growth potential in the field of wound care including the foam dressings market, due to several factors, including rapid economic growth, increase in healthcare spending, and surge in demand for effective healthcare products and services |
|
Restraints |
The high cost of foam dressing products |
Research Methodology
The research operandi of the global Foam Dressings Market includes significant primary as well as secondary research. When the primary methodology encompasses widespread discussion with a plethora of valued participants, the secondary research involves a substantial amount of product/service descriptions. Furthermore, several government sites, industry bulletins, and press releases have also been properly examined to bring forth high-value industry insights.
Foam dressings have become increasingly popular in the field of wound care due to their superior healing properties and ability to prevent infections. Manufacturers are now developing new and innovative foam dressings that offer even better healing and infection control properties with the advancements in wound care technology. Some of these advancements include the use of antimicrobial foam dressings that contain silver, which can help prevent the growth of bacteria in the wound bed. In addition, new foam dressings are being developed that are better at absorbing exudate, which can help promote a moist wound environment and facilitate healing. This leads to an increase in the adoption of these foam dressings.
Furthermore, foam dressings are often easier to apply and remove than traditional dressings, which can make them more convenient for both healthcare professionals and patients. Overall, these advancements in foam dressing technology boost the growth of the market and improve outcomes for patients with wounds.
Covid-19 Scenario:
- The outbreak of the COVID-19 pandemic had a significant impact on the global supply chains and the manufacturing of medical products, including foam dressings.
- The closure or suspension of production facilities, along with disruptions to transportation and logistics, had caused shortages of raw materials and other components, leading to difficulties in the availability of essential medical products.
- Furthermore, the pandemic had affected ulcer treatment due to the disruption of the healthcare systems as hospitals postponed or cancelled the non-urgent medical appointments and procedures, including those related to ulcer treatment.
Request for Customization –
https://www.alliedmarketresearch.com/request-for-customization/4112
Regional Growth Dynamics:
North America obtained the highest foam dressings market share in 2022. This growth in North America was attributed to several factors. This includes an increase in the number of surgeries being performed in this region and the rise in the incidence of chronic wounds and other conditions that require foam dressings for management among the population. In addition, the rise in prevalence of chronic wound including diabetic foot ulcers in this region is boosting the market growth. Thus, an increase in adoption of advanced foam dressing products for treatment of chronic and acute wounds along with developed healthcare infrastructure in North America contributes toward the growth during the foam dressings market forecast.
Key findings of the study:
- By material, the silicone segment dominated the foam dressings industry in 2022 and is anticipated to grow at the fastest rate during the forecast period.
- By application, the chronic wounds segment dominated the market in 2022 and is anticipated to grow at the highest CAGR during the forecast period.
- By end user, the hospitals segment dominated the foam dressings industry in 2022, and the home healthcare segment is anticipated to grow at the highest CAGR during the forecast period.
- Region-wise, North America generated the largest revenue in 2022. However, Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.
Competitive Landscape:
Leading market players of the global foam dressings market analyzed in the research include 3M Company, B. Braun SE, Cardinal Health Inc., Coloplast, Convatec Group PLC, Covalon Technologies Ltd., Essity Aktiebolag AB, Molnlycke Health Care AB, Smith and Nephew plc., Winner Medical Co., Ltd.
Buy this Premium Research Report:
https://www.alliedmarketresearch.com/purchase-enquiry/4112
VALUE PROPOSITIONS RELATED TO THE REPORT:
- Powered with Complimentary Analyst Hours and Expert Interviews with Each Report
- Comprehensive quantitative and qualitative insights at segment and sub-segment level
- Covid 19 impact trends and perspective
- Granular insights at global/regional/country level
- Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
- Blanket coverage on competitive landscape
- Winning imperatives
- Exhaustive coverage on ‘Strategic Developments’ registered by leading players of the market
CUSTOMIZATION OPTIONS:
- Distributor Landscape Assessment
- Pricing Intelligence
- Customer Base Assessment
- Investment & Initiatives Analysis
- ‘Business Profile’ of Key Players
Procure Complete Report (289 Pages PDF with Insights, Charts, Tables, and Figures)
https://www.alliedmarketresearch.com/checkout-final/foam-dressings-market
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Editor Details
-
Company:
- The Wire Times
