Market Overview
“The Global Foam Dressings Market is expected to grow at a CAGR during the forecasting period (2021-2028)”.
Foam dressings are semipermeable polyurethane material used in wound care. They are non-adherent and non-linting dressings, which only allow water vapor to enter and avoid the entry of bacteria and other contaminants. Foam dressings have expanded the armamentarium of clinicians seeking better dressings for various types of wounds. They rose in popularity in recent years due to the key advantage in providing moist environment for promoting faster wound healing.
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Market Dynamics
The global foam dressings market growth is driven by the growing prevalence of increasing geriatric population who are more prone to surgeries, growth in awareness about advanced wound care dressings, rising number of road accidents & burns cases, and high prevalence of diabetic wounds & chronic infections.
Rising need for affordable care for patients with chronic and acute wounds will drive the market growth
Rising need for affordable care for patients with chronic and acute wounds in various care settings is a key factor driving the demand for foam dressings in the forecast period. The global foam dressings market is likely to be driven by the rising incidence of pressure injuries in patients of all ages in various parts of the world. The market is likely to see rapid pace of innovation in foam dressing used to treat pressure ulcers, since they hold vast potential in bed sores. Over the past few years, several studies have been made in assessing the clinical relevance and cost-effectiveness of foam dressings in healing pressure injuries. This undoubtedly catalyzes the revenue generating potential of the foam dressings market. In this regard, polyurethane foam dressings for the prevention of pressure ulcers have gathered considerable attention of researchers and the medical fraternity in general.
Foam dressings are made up of highly absorbent material called hydrophilic polyurethane. The foam helps in absorbing the moisture that aids in maintaining the integrity of the tissue. The increasing cases of burns and trauma in the U.S. are expected to propel the segment growth. For instance, as per the American Burn Association (ABA) in 2016, around 486,000 people were given medical treatment for burning injuries in the U.S. It also reported that complications of infection have accounted to be highest in burn patients. Foams are majorly used to prevent and heal the exudation of burn injuries and hence the increasing cases of such incidents are expected to surge market growth over the forecast period.
Market Segmentation
Global Foam Dressings Market – By Type
- True Foam
- Pseudo Foam
Global Foam Dressings Market – By Application
- Cavity Wounds
- Post-pilonidal sinus excision
- Dehisced surgical wounds
- Infected Wounds
- Others
Global Foam Dressings Market – By End-User
- Hospitals
- Ambulatory Surgical Centers
- Others
Global Foam Dressings Market – By Region
- North America
- Europe
- Asia-Pacific
- Middle East & Africa
- South America
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Competitive Landscape
The foam dressings Market is moderrately competitive with presence of local as well as global companies. Some of the key players which are contributing to the growth of the market include Smith & Nephew PLC, Mölnlycke Health Care AB, ConvaTec Group PLC, Baxter; Coloplast Corp, Medtronic, 3M, Derma Sciences Inc, Medline Industries, Inc. among others. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the anal fistula globally. For instance, in March 2017, ConvaTec Group PLC launched the Sensi-Care Skin Protectant Incontinence Wipes, which was expected to expand its wound business and increase its market share.
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