Growth Opportunities in the Medical Foam Market 2019-2024


Posted October 17, 2019 by shubhamverma

Trends, opportunities, and forecast in medical foam market to 2024 by foam (flexible foam, rigid foam, and spray foam), material type, application and region.

 
According to a market report by Lucintel, the future of the medical foam market looks promising with opportunities in the medical packaging, medical devices & components, and prosthetics & wound care applications. The medical foam market is expected to grow with a CAGR of 8% from 2019 to 2024. The major growth drivers for this market are increasing production of sterilized medical packaging materials, rise in aging population, government funding and grants for the development of advanced medical foam products, and increased shift from traditional to advanced wound care products.
In this market, flexible foam, rigid foam, and spray foam are the major Foam type. Flexible foam is the largest foam type.
Within the medical foam market, medical packaging, medical devices & components, prosthetics, and wound care are the major applications. Medical packaging is the largest segment for medical foam market. Polyurethane, polystyrene, polyvinyl chloride, and polyolefin are the major material type in the medical foam market.
Asia Pacific will remain the largest market over the forecast period due to growing demand for pharmaceutical and medical instruments for domestic use as well as exports.
Trelleborg AB, Inoac Corporation, Recticel NV, Vita S.à r.l., Armacell International, SA, Foamcraft Inc., FoamPartner Group, Future Foam Inc., UFP Technologies Inc., and Rogers Corporation are among the major manufacturers of medical foam.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the medical foam market by application, foam, material type, and region. Lucintel has prepared a comprehensive research report entitled " Medical Foam Market 2019-2024: Trends, Forecast, and Opportunity Analysis". This Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the medical foam market by foam, material type, application, and region as follows:
By Foam [$M shipment analysis for 2013 – 2024]:
• Flexible Foam
• Rigid Foam
• Spray Foam
By Material Type [$M shipment analysis for 2013 – 2024]:
• Polyurethane
• Polystyrene
• Polyvinyl Chloride
• Polyolefin
• Others
By Application [$M shipment analysis for 2013 – 2024]:
• Medical Packaging
• Medical Devices & Components
• Prosthetics & Wound Care
• Others
By Region [$M shipment analysis for 2013 – 2024]:
• North America
o United States
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Others
• Asia Pacific
o China
o India
o Japan
o South Korea
o Others
• ROW
o Middle East & Africa
o South America
More than 150 page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link …[email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers following 11 key questions:
Q.1.What are some of the most promising potential, high growth opportunities for the medical foam market by foam (flexible foam, rigid foam, and spray foam), material type (polyurethane, polystyrene, polyvinyl chloride, polyolefin, and others), application (medical packaging, medical devices & components, prosthetics & wound care, and others), and region (North America, Europe, Asia-Pacific, Middle East & Africa, and South Africa)?
Q.2.Which segments will grow at a faster pace and why?
Q.3.Which regions will grow at a faster pace and why?
Q.4.What are the key factors affecting market dynamics? What are the drivers and challenges of the medical foam market?
Q.5.What are the business risks and threats to the medical foam market?
Q.6.What are emerging trends in the medical foam market and the reasons behind them?
Q.7.What are some changing demands of customers in the medical foam market?
Q.8.What are the new developments in the medical foam market? Which companies are leading these developments?
Q.9.Who are the major players in the medical foam market? What strategic initiatives are being implemented by key players for business growth?
Q.10.What are some of the competitive products and processes in the medical foam market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11.What M & A activities took place in the last five years in the medical foam market?
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Tags medical foam market
Last Updated October 17, 2019