Foam Dressing MarketSize and Trends

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.

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