FOAM DRESSING MARKET ANALYSIS
In the healing process, a normal wound dressing plays a vital role. The dressing keeps bacteria and other dangerous particles out of the damaged area and promotes good recovery. Foam dressings are useful for controlling oozing wounds because they create a moist environment that promotes wound healing while also minimising dressing pain and discomfort. Semipermeable polyurethane is used to make foam dressings. A foam dressing’s interaction region is non-linting and non-adherent, making it easier to remove than other wound dressings. The outside layer of foam dressings is frequently hydrophobic or waterproof, which keeps harmful bacteria and other particles out. Surgical wounds, skin grafts, mild burns, abrasions, infected wounds, lacerations, draining peristomal wounds, and leg ulcers can all benefit from foam dressings. In the market, there are adhesive foam dressings and non-adhesive foam dressings.
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Foam Dressing Market – Dynamics
The foam dressing market is expected to develop in response to an increase in the number of trauma and traffic accident cases, as well as the total number of surgeries conducted around the world. According to a research issued by the World Bank in 2014, roughly 78.2 million people are hurt and 1.3 million people die each year as a result of traffic vehicle accidents. Also, this number is expected to increase by 65% in the next 20 years.
Foam dressing’s versatility allows it to be used in a wide range of medical settings, including wounds with heavy to moderate exudate, and it’s simple to cut to fit uneven wound areas. These are also a suitable choice for partial or full-thickness wounds with moderate to severe drainage. Furthermore, the market for foam dressings is predicted to develop due to an increase in surgical cosmetic operations around the world. For example, according to The International Society of Aesthetic Plastic Surgery’s 2016 survey report, surgical and non-surgical cosmetic procedures increased by 9% overall from 2015 to 2016. The introduction of new products by key players is also projected to boost the foam dressing market’s growth. For example, in 2016, ConvaTec, a prominent medical technology firm, introduced Foam Lite, a light, flexible foam dressing designed for low to non-exuding chronic and acute wounds such skin tears, partial thickness burns, and skin abrasions that don’t require the absorbency of regular foam dressings However, the high cost of foam dressings in compared to regular dressings, as well as their limited application in third-degree burns, sinus tracts, and dry eschar, are projected to restrain the market’s expansion.
Foam Dressing Market – Regional Insights
Regional analysis include North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa. North America dominates the foam dressing market, owing to rapid adoption of technologically advanced products and the FDA’s approval of foam dressing kits for combinational therapy, which is projected to drive market expansion in the region. For example, 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.
Due to an increase in injury and trauma occurrences in the region, the foam dressing market in Asia Pacific is predicted to rise significantly. According to the Indian Ministry of Road Transport and Highways Transport, around 4,80,652 road accidents occurred in 2016, killing 1,50,785 people and injuring 4,94,624 others. Foam Dressing Market – Competitive Landscape
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. are some of the major companies in the worldwide foam dressing market. To expand their product portfolio and maintain their market share, key companies are pursuing methods such as mergers, acquisitions, alliances, and new product releases. For example, 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.
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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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