DUBLIN, May 18, 2023 /PRNewswire/ — The “Foam Dressings: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Foam Dressings Market to Reach $3.2 Billion by 2030
The global market for Foam Dressings estimated at US$2.2 Billion in the year 2022, is projected to reach a revised size of US$3.2 Billion by 2030, growing at a CAGR of 5% over the analysis period 2022-2030.
Small, one of the segments analyzed in the report, is projected to record a 5.6% CAGR and reach US$1.4 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Medium segment is readjusted to a revised 4.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $576.3 Million, While China is Forecast to Grow at 7.8% CAGR
The Foam Dressings market in the U.S. is estimated at US$576.3 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$725.8 Million by the year 2030 trailing a CAGR of 7.8% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.9% and 4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$446.1 Million by the year 2030.
What`s New for 2023?
- Special coverage on Russia–Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies – Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- Year 2021 and Beyond
- COVID-19-Led Wound Management Crisis Create Need for Effective Interventions
- Impact of COVID-19 on Foam Dressings Market
- The Rise of Telehealth
- COMPETITION
- Foam Dressings – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- A Prelude to Wound Care
- Foam Dressings – An Integral Part of Moist Wound Dressings
- Foam Dressings: Offering the Midas Healing Touch for Different Wound Types
- Global Market Prospects and Outlook
- North America Rules Foam Dressings Market, while Asia-Pacific Displays Sizeable Growth Potential
- Striking Factors Adding Dynamism to Global Foam Dressings Market
- WORLD BRANDS
MARKET TRENDS & DRIVERS
- Rising Healthcare Burden of Chronic Wounds Emphasises the Need for Effective Woundcare Products
- Prevalence and Incidence of Wounds – Select Statistics
- Global Wound Care Market: Percentage Breakdown of Spending by Wound Type
- Chronic Wounds: Select Statistics
- Growing Acceptance of Moist Wound Environment Spurs Demand for Moist Wound Dressings
- Increasing Incidence of Hard to Heal Wounds Benefits Demand for Advanced Wound Care Products
- Stalled Wounds: A Growing Area of Concern
- Rise in Prevalence of Pressure Ulcers Throws Spotlight on Foam Dressings
- Pressure Ulcer Occurrence Rate Based on the Length of Surgery
- Rising Incidence of Diabetes and DFUs to Propel Market Growth and Need for Advanced Solutions
- Growing Focus on Reducing Hospital Stays Lends Traction
- Uptrend in Surgical Care Augurs Well for Market Growth
- Global Surgical Procedure Volume by Procedure Type
- Increasing Number of Accidents and Burn Injuries Drive Market Growth
- High Uptake of Silicone Foam Dressings Boosts Demand
- Technological Advancements & Innovations Drive the Foam Dressings Market
- Solutions to Reduce Pain & Expedite Healing
- Options for Advanced Wound Care
- Silicon Foam Dressings with PHMB
- Self-Adherent Silicon & Multi-Layer Foam Dressings
- Fiber-based Novel Foam Dressings
- IoT in Healthcare
- Increasing Awareness and Knowledge about Advanced Wound Care Products
- Rising Volumes of Cosmetic Surgery Procedures to Offer Significant Market Gains
- MACRO GROWTH DRIVERS
- Impact of Healthcare Expenditure on Market Growth
- Expanding Aging Population Spurs Demand
- Growing Obesity Levels and Risks of Pressure Ulcers to Support Demand
FOCUS ON SELECT PLAYERS (Total 103 Featured)
- 3M Company
- Cardinal Health, Inc.
- Coloplast Corp
- ConvaTec Group plc
- DeRoyal Inc.
- Medline Industries, LP.
- Molnlycke Health Care AB
- Smith & Nephew plc
- Winner Medical Group Inc.
For more information about this report visit https://www.researchandmarkets.com/r/wirbi3
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SOURCE Research and Markets
