Foam Dressing Market – Dynamics
Rising number of trauma and
traffic accident cases along with cumulative number of surgeries performed
around the globe is anticipated to boost growth of the Foam
Dressing Market. For instance, according to a report published in World
Bank 2014, around 78.2 million people are injured due to traffic road accidents
each year and as many as 1.3 million people have died. Also, this number is
expected to increase by 65% in the next 20 years.
The flexibility of foam dressing
allows for a broad variety of medical applications with wounds that have heavy
to moderate exudate, makes it easy to use, and can be easily cut to fit for
irregular wound areas. These are also good dressing option for partial or
full-thickness wounds that have moderate or more drainage.
Moreover, increasing surgical
cosmetic procedures around the globe is expected to propel growth of the foam
dressing market. For instance, according to The International Society of
Aesthetic Plastic Surgery 2016 survey report, an overall increase of 9% was
observed in surgical and non-surgical cosmetic procedures from 2015 to 2016.
A typical wound dressing plays an
important role in the healing process. Dressing protects the affected area from
bacteria and other harmful particles and provides an environment for healthy
healing. Foam dressing is effective for managing exuding wounds by providing a
moist environment conducive to the wound healing and reducing dressing pain and
discomfort.
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Foam dressing are made up of
semipermeable polyurethane. The interaction region of a foam dressing is
non-linting and no-adherent, which makes them easy to remove than other wound
dressings. Foam dressing has outer layer that is often hydrophobic or
waterproof, which keeps out harmful bacteria and other particulates. Foam dressing
can be used for surgical wounds, skin graft, minor burns, abrasions, infected
wounds, lacerations, draining peristomal wounds, and leg ulcers. Adhesive foam
dressings and non-adhesive foam dressings are available in the market.
Furthermore, introduction of new
products by key players is expected to propel growth of the foam dressing
market. For instance, in 2016, ConvaTec, a leading medical technology company,
launched Foam Lite, a light, flexible foam dressing developed for low to
non-exuding chronic and acute wounds such as skin tears, partial thickness
burns, and skin abrasions which do not require the absorbency of regular foam
dressings. However, high cost in comparison to normal dressing and restricted
use of foam dressings in third degree burn, sinus tracts and dry eschar is
expected to hamper the growth of foam dressing market
Foam Dressing Market – Regional
Insights
Based on regions, the global foam
dressing market is segmented into North America, Europe, Latin America, Asia
Pacific, Middle East, and Africa. North America holds the dominant position in
the foam dressing market, owing to quick adoption of technological advance
products and approval of the foam dressing kits for combinational therapy by
the U.S FDA is expected to propel market growth in the region. For instance, 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.
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Asia Pacific market is expected
to show significant growth in the foam dressing market, owing to rising injury
and trauma cases in the region. For instance, according to the Indian Ministry
of Road Transport & Highways Transport, around 4,80,652 road accidents
occurred in 2016, claiming 1,50,785 lives and 4,94,624 people were injured.
Foam Dressing Market –
Competitive Landscape
Key players operating in global
foam dressing market include 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. Key players
are engaged in strategies such as mergers, acquisitions, partnerships, and new
product launches to increase their product portfolio and to sustain their
presence in the market. For instance, 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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