Allied Market Research published a report on the foam dressings industry, which includes a detailed study of industry dynamics, competitive landscape, and regional analysis. Moreover, this report includes a segmental overview of its type, material, application, end-user, and region. The global foam dressings market accounted for $1.7 billion in 2022 and is projected to reach $2.5 billion by 2032, growing at a CAGR of 4.1% from 2023 to 2032.
Growth drivers in the industry
The growth of this industry is driven by factors such as the rising incidence of chronic ulcers, injuries, and accidents, continuous advancements in foam dressing products, and increasing demand for foam dressings. Moreover, the increased incidence of chronic illnesses such as diabetes and related conditions, including diabetic foot ulcers, has further boosted demand for foam dressings. Chronic illnesses like these often result in delayed wound healing, which increases the need for ongoing wound care management. By improving wound healing and reducing the risk of infection, advanced foam dressings play a vital role in effective wound care management, which contributes to the industry’s growth.
Moreover, the increasing adoption of advanced wound care solutions across the world is boosting the industry’s growth. In addition, new product innovation and development by top industry players in foam dressings is expected to boost the industry growth. An increase in accidental injuries and burning incidents across the world, especially in developing nations, is driving the industry growth. For instance, as reported by the American Academy of Family Physicians in its 2020 publication, outpatient burn care is used to prevent and treat nearly 500,000 burn patients who seek medical care for burns every year in the U.S., with approximately 92% managed on an outpatient basis. Thus, the rise in such cases of accidental injuries and burn cases significantly contributes to the growth of the industry.
Industry leaders
- Cardinal Health Inc.
- Winner Medical Co., Ltd.
- Smith and Nephew plc.
- 3M Company
- Molnlycke Health Care AB
- B. Braun SE
- Coloplast
- Covalon Technologies Ltd.
- Essity Aktiebolag AB
- Convatec Group PLC
Key questions and answers
- What are the uses of foam dressings?
- What are foam dressings?
- What are the market values/growth % of emerging countries?
- Which are the top companies that hold the market share in this market?
- What would be the forecast period in the industry report?
Regional analysis
The industry is analyzed across various countries such as Europe, North America, Asia-Pacific, and LAMEA. North America contributed a significant portion in 2022, and is projected to maintain its strong industry presence during the forecast period. Asia-Pacific is anticipated to experience the fastest growth during the forecast period. The industry growth in this region is connected to the presence of pharmaceutical companies, along with the rising purchasing power in highly populated countries like China and India.
Recent developments
In March 2025, Convatec, a leading medical products and technologies company specializing in chronic condition management, announced its next-generation advanced multilayered foam dressing. This innovative product delivers effective fluid control for acute wounds and offers great outcomes in wound size reduction and closure, particularly in hard-to-heal wounds.
In January 2024, Coloplast Corporation introduced the launch of Biatain silicone fit in the U.S. This innovative product is developed to help in pressure injury prevention and wound management needs. with the expansion of its advanced wound care offerings, Coloplast aims to enhance its position within the foam dressings industry.
In conclusion, the AMR report provides a detailed analysis of the industry, which is beneficial for the stakeholders and industry leaders to make strategic moves in this competitive industry. Moreover, this report gives the competitive landscape of the industry and offers industry insights, including opportunities, challenges, and growth drivers.
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