Market Synopsis:
Global Medical Foam Market is expected to record a CAGR of
6% during the review period.
The expanding healthcare industry and increased spending on
healthcare, coupled with the rising geriatric population, are expected to fuel
the demand for medical foam. The growing demand for implantable medical devices
is likely to drive the growth of the medical foam market. However, fluctuations
in raw material prices are expected to hinder the market growth.
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Regulatory Analysis
The increasing regulations against the use of isocyanates
and polyols due to their hazardous impact are likely to affect the growth of
the polyurethane market and, thus, the medical foam market.
Segmentation
By Form: The medical foam market can primarily be
categorized into flexible, rigid, and spray.
- Flexible
—The flexible segment accounted for the largest market in 2019 due to the
growing use of flexible foam in medical dressing, bedding &
cushioning, medical face shields, wheelchair pads, and orthotics, among
others.
- Rigid
—Rigid medical foam finds application in diagnostic imaging beds, X-ray
and diagnostic tables, artificial bone test media, and packaging of
medical devices. Thermoformed rigid plastic materials such as polyethylene
terephthalate glycol (PETG), polyethylene terephthalate (PETE),
acrylonitrile-butadiene-styrene (ABS), and high impact polystyrene (HIPS)
are primarily used for medical packaging applications.
- Spray
—Spray medical foam is used for disinfecting the surfaces of non-invasive
medical devices as well as invasive medical devices.
By Material: The global medical foam market has been
segmented into polymers, latex, and metal.
- Polymers
—The polymers segment accounted for the largest share of the global
medical foam market in 2019. Some of the commonly used polymers used to
make medical foam include polyurethane foam, polystyrene, polyethylene
terephthalate glycol, and polyolefin. Among these polymers, polyurethane
foam is being widely used owing to its superior properties, including
light weight, resiliency, low odor, and high resistance to mildew
- Latex
—Latex is widely used in mattresses and mattress toppers over other
materials owing to its durability. The increasing number of hospitals is
likely to drive the need for beds and, thus, for latex.
- Metal
—Metal foams are likely to replace rigid materials in medical implants
such as titanium. Metal foams possess modulus of elasticity similar to
that of bones. Additionally, medical foams are light in weight, exhibit
high-energy absorption capacity, and provide high mechanical strength.
By Application: The global medical foam market has
been segmented into bedding & cushioning, medical packaging, medical
devices & components, prosthetics & wound care, and others
- BEDDING
& CUSHIONING —The segment accounted for the largest share of the
global medical foam market in 2019 and is expected to register a
significant CAGR during the review period. Polyurethane foam is being
widely used in medical bedding & cushioning applications, including
medical pillows, comfort pads, surgical beds, and wheelchair cushions,
among others. Medical cushions support the head, neck, and shoulders and
alleviate tension & stress.
- MEDICAL
PACKAGING—Medical foam made using material such as cross-linked polyethylene
foams, thermoplastic polyurethane, polyethylene terephthalate, and
polyethylene terephthalate glycol are used in packaging of medical devices
such as orthopedic plants, surgical screws, and clamshells. Thermoplastic
polyurethane foams are extensively used with sterile barrier systems in
protecting orthopedic implants and surgical screws, among others.
- MEDICAL
DEVICES & COMPONENTS—Medical foams are used for packaging, gasketing,
and sealing in medical devices. The growing use of medical devices is
likely to fuel the demand for the medical devices segment at a significant
rate during the review period.
- PROSTHETICS
& WOUND CARE—Medical foams are used to cover wounds as it offers high
performance and reliability. Medical foams absorb fluids & bacteria
and thus, provide an effective dressing for bleeding, open, or seeping
wounds. Medical foam is used as a filler in arm prostheses.
- Others
By Region: The global medical foam market has been
segmented into Asia-Pacific, Europe, North America, Latin America, and the
Middle East & Africa.
Asia-Pacific: The market in Asia-Pacific accounted for the largest market share
in 2019 and is expected to grow at a significant CAGR during the review period
on account of growing healthcare industry particularly in China and India.
- North
America: The established presence of medical device industry is likely to
drive the growth of the North American medical foam market.
- Europe:
The increased spending on R&D activities in medical industry is likely
to drive the market growth in the region.
- Latin
America and Middle East & Africa: Latin America and the Middle East
& Africa markets are likely to register considerable growth during the
review period on account of increasing healthcare spending coupled with
rising geriatric population.
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