Global Medical Foam Market Size & Outlook, 2024-2030
Global medical foam market, 2018-2030 (US$M)
Related Markets
Global medical foam market highlights
- The global medical foam market generated a revenue of USD 21,399.5 million in 2019 and is expected to reach USD 37,977.5 million by 2027.
- The market is expected to grow at a CAGR (2020 - 2027) of 7.4% by 2027.
- In terms of segment, flexible foam accounted for a revenue of USD 11,886.4 million in 2019.
- Spray Foam is the most lucrative foam type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2019.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2020 to 2027.
Global data book summary
| Market revenue in 2019 | USD 21,399.5 million |
| Market revenue in 2027 | USD 37,977.5 million |
| Growth rate | 7.4% (CAGR from 2019 to 2027) |
| Largest segment | Flexible foam |
| Fastest growing segment | Spray Foam |
| Historical data covered | 2016 - 2018 |
| Base year for estimation | 2019 |
| Forecast period covered | 2020 - 2027 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Flexible Foam, Rigid Foam, Spray Foam |
Other key industry trends
- In terms of revenue, the North America accounted for 32.7% of the global medical foam market in 2019.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2027.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 438.3 million by 2027.
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Medical Foam Market Scope
Medical Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global medical foam market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to medical foam market will help companies and investors design strategic landscapes.
Flexible foam was the largest segment with a revenue share of 55.55% in 2024. Horizon Databook has segmented the Global medical foam market based on flexible foam, rigid foam, spray foam covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Medical Foam Foam Type Outlook (Revenue, USD Million, 2018-2030)
- Flexible Foam
- Rigid Foam
- Spray Foam
- Global Medical Foam Product Outlook (Revenue, USD Million, 2018-2030)
- Polyurethane (PU)
- Polystyrene (PS)
- Polyolefin
- Polyvinyl chloride (PVC)
- Other Product
- Global Medical Foam Application Outlook (Revenue, USD Million, 2018-2030)
- Bedding & Cushioning
- Medical Packaging
- Medical Devices & Components
- Prosthetics & Wound Care
- Other Application
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Target buyers of Global medical foam market databook
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Our clientele includes a mix of medical foam market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global medical foam market, including forecasts for subscribers. This global databook contains high-level insights into Global medical foam market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global medical foam market size, by regions, 2018-2030 (US$M)
Top 10 countries: Medical foam market size, 2024 (US$M)
Global medical foam market share, by foam type, 2024 & 2030 (%, US$M)
Medical foam market: Opportunity assessment by country
Global medical foam market, by region, 2024 (US$M)
| Foam Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 7,910.2 | 7,551.8 | 7,388.5 | 7,844.8 | 8,367.8 | 8,966.8 | 9,652.5 | 10,438.1 | 11,338.8 | 12,372.9 | 13,562.0 | 14,931.8 | 16,513.3 | 9.6% |
| Europe | 6,703.6 | 6,321.5 | 6,108.5 | 6,405.2 | 6,746.7 | 7,138.3 | 7,586.5 | 8,098.8 | 8,683.9 | 9,352.3 | 10,116.4 | 10,990.6 | 11,992.1 | 8.2% |
| Asia Pacific | 6,657.8 | 6,410.1 | 6,323.9 | 6,770.0 | 7,280.3 | 7,864.2 | 8,533.0 | 9,299.8 | 10,180.7 | 11,194.2 | 12,362.7 | 13,713.1 | 15,277.4 | 10.4% |
| Latin America | 1,539.3 | 1,458.8 | 1,416.7 | 1,493.1 | 1,580.8 | 1,681.4 | 1,796.5 | 1,928.2 | 2,078.9 | 2,251.5 | 2,449.3 | 2,676.3 | 2,937.3 | 8.8% |
| MEA | 903.4 | 842.8 | 805.3 | 834.8 | 868.9 | 908.1 | 953.0 | 1,004.0 | 1,062.0 | 1,127.8 | 1,202.2 | 1,286.5 | 1,381.8 | 6.6% |
| Overall | 23,714.3 | 22,585.0 | 22,042.9 | 23,347.9 | 24,844.5 | 26,558.8 | 28,521.5 | 30,769.0 | 33,344.3 | 36,298.6 | 39,692.6 | 43,598.3 | 48,102.0 | 9.4% |
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