North America Medical Foam Market Size & Outlook, 2019-2027
The medical foam market in North America is expected to reach a projected revenue of US$ 12,898.8 million by 2027. A compound annual growth rate of 7.9% is expected of North America medical foam market from 2020 to 2027.
Revenue, 2019 (US$M)
$7,005.1
Forecast, 2027 (US$M)
$12,898.8
CAGR, 2020 - 2027
7.9%
Report Coverage
North America
North America medical foam market, 2016-2027 (US$M)
Related Markets
North America medical foam market highlights
- The North America medical foam market generated a revenue of USD 7,005.1 million in 2019.
- The market is expected to grow at a CAGR of 7.9% from 2020 to 2027.
- In terms of segment, flexible foam was the largest revenue generating foam type in 2019.
- Spray Foam is the most lucrative foam type segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2020 to 2027.
North America data book summary
| Market revenue in 2019 | USD 7,005.1 million |
| Market revenue in 2027 | USD 12,898.8 million |
| Growth rate | 7.9% (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 |
| Key market players worldwide | 3M Co, Huntsman Corp, Sekisui Chemical Co Ltd, UFP Technologies Inc, Avery Dennison Corp, Rogers Foam Corporation, General Plastics Mfg. Co., Foamtec Medical, Zotefoams |
Other key industry trends
- In terms of revenue, North America region accounted for 32.7% of the global medical foam market in 2019.
- Globally, North America is projected to lead the regional market in terms of revenue in 2027.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 11,293.2 million by 2027.
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Medical Foam Market Scope
Medical foam market segmentation & scope
Others
Medical Foam Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
North America 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 55.4% in 2019. Horizon Databook has segmented the North America medical foam market based on flexible foam, rigid foam, spray foam covering the revenue growth of each sub-segment from 2016 to 2027.
- North America Medical Foam Foam Type Outlook (Revenue, USD Million, 2016-2027)
- Flexible Foam
- Rigid Foam
- Spray Foam
- North America Medical Foam Product Outlook (Revenue, USD Million, 2016-2027)
- Polyurethane (PU)
- Polystyrene (PS)
- Polyolefin
- Polyvinyl chloride (PVC)
- Others
- North America Medical Foam Application Outlook (Revenue, USD Million, 2016-2027)
- Bedding & Cushioning
- Medical Packaging
- Medical Devices & Components
- Prosthetics & Wound Care
- Others
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Our clientele includes a mix of medical foam market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America medical foam market, including forecasts for subscribers. This continent databook contains high-level insights into North America medical foam market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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North America medical foam market size, by country, 2016-2027 (US$M)
North America Medical Foam Market Share, 2019 & 2027 (US$M)
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