The Europe Foam Dressings Market would witness market growth of 4.3% CAGR during the forecast period (2023-2029).
Medical professionals widely use foam dressings to treat various kinds of flowing wounds. It absorbs and locks wound discharge and are often made from hydrophilic polyurethane or silicon matrices. These dressings are typically sold by businesses in non-bordered, conformable, and customizable forms or multi-layered bordered forms. These forms frequently include contact layers that are adhered to the wound-interfacing surface and an outside polyurethane semipermeable backing that permits moisture vapor transport.
Some bordered foams are designed to fit certain anatomical regions of the body, such as the heel and sacrum, where certain chronic wounds are particularly common. Foam dressings are the advanced wound treatment market's highest-valued sector compared to other dressings. Moreover, for wounds with excessive exudation, foam dressings offer a cheap alternative with antimicrobial and non-antimicrobial choices.
In European countries, the population of elderly is growing quickly. According to a 2018 Ageing Report released by the EU, the population of the EU is projected to rise from 511 million in 2016 to 520 million in 2070. There will be 292 million fewer individuals in the working age group (defined as those between the ages of 15 and 64) in 2070 as opposed to 333 million in 2016. The market expansion in the Europe area is influenced by all of these variables. In England, elderly people's most frequent and significant health problems were falls and fractures. As a result of falls, both chronic and acute wounds may form, which may increase the requirement for foam dressing. As a result, the European market is anticipated to expand during the projection period.
The Germany market dominated the Europe Foam Dressings Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $143.1 million by 2029. The UK market is anticipated to grow at a CAGR of 3.4% during (2023 - 2029). Additionally, The France market would exhibit a CAGR of 5% during (2023 - 2029).
Based on Application, the market is segmented into Chronic Wounds (Pressure Ulcers, Diabetic Foot Ulcers, Venous Leg Ulcers and Others) and Acute Wounds (Burns & Trauma and Surgical Wounds). Based on Material, the market is segmented into Silicone and Polyurethane. Based on End User, the market is segmented into Hospitals, Home Healthcare and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Foam Dressings Market is Projected to reach USD 2.1 Billion by 2029, at a CAGR of 4.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 3M Company, B. Braun Melsungen AG, Cardinal Health, Inc., Coloplast Group, ConvaTec Group PLC, Molnlycke Health Care AB, Essity AB, Smith & Nephew PLC, Covalon Technologies Ltd. and Winner Medical Co., Ltd.
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