Foam Dressings Market – Current Scenario and Future Growth Analysis by 2026
Global Foam Dressings Market: Overview
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. They are essentially nonadherent and nonlinting. Several benefits of foam dressings, such as in periwound protection and ease of availability have kept the market lucrative. Foam dressings have thus appeared as the primary dressings for a variety of wound types in worldwide patient populations.
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In recent years, manufacturers in the global foam dressings market have been focusing on improving the performance of foam dressing. They are also bringing advancement in chemistries of the materials used in foam dressings. The advent of such products may help develop specialized wound management solutions. Foam dressings for treating pressure sores and injuries in patients is a case in point.
The report on the global foam dressings market offers insights into the current outlook of the market and promising avenues in various segments.
Global Foam Dressings Market: Trends and Opportunities
Rising need for affordable care for patients with chronic and acute wounds in various care settings is a key factor bolstering the demand for foam dressings, world over. 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.
Rising morbidity of lifestyle diseases such as diabetes is fueling the demand for foam dressings for rapid wound healing due to these conditions. In recent years, scores of training programs have focused on expanding the knowledge and skills of physicians in the application of wound therapy dressings. This bolsters the uptake of foam dressings. However, effectiveness of foam dressings are still debatable in third-degree burns and wounds characterized by eschar.
Global Foam Dressings Market: Regional Outlook
The study offers a critical and in-depth analysis of the prospects of key regional and emerging markets for foam dressings. It takes a closer look at trends underling new streams of revenue in various regions. Regionally, developed regions are likely to exhibit potentially attractive growth, supported by a host of factors. For example, North America is anticipated to contribute a large share of the global foam dressings market over the forecast period (2016–2024). The presence of substantial number of well-entrenched players and large patient base have been fueling the prospects in the regional market. Meanwhile, regions such as Asia Pacific are expected to rise at promising pace in the coming few years. Presence of a large diabetic population in the region is also boosting the market.
Global Foam Dressings Market: Companies Mentioned in Report
A growing number of players are shifting their attention toward developing regions and capitalizing on emerging revenue streams. To this end, they are focusing on distribution and licensing agreements with indigenous players to consolidate their geographic positions. Some of the players with prominent stakes in the global foam dressings market are Medline Industries, Inc., Smith & Nephew plc., Mölnlycke Health Care AB, ConvaTec Inc., Coloplast A/S, and BSN medical GmbH.
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