Laparotomy Sponge Market In-Depth Research On Basis Of Technology, End Use, Region And Forecast To 2025

21/set/2020 09:00:10 Grand View Research Contatta l'autore

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Laparotomy Sponge Market

San Francisco, 21 Sep 2020: The Report Laparotomy Sponge Market Size, Share & Trends Analysis Report By Technology (Radiopaque, RFID, Traditional), By End Use (Hospitals, Surgery Centers), By Region, Competitive Landscape, And Segment Forecasts, 2018 - 2025

The global laparotomy sponge market size is expected to reach USD 1.4 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 7.6% during the forecast period. Rising disease burden and subsequent improvement in treatment alternatives, growing geriatric population, and a mounting number of cesarean deliveries are among key trends contributing to the growth of the market. Furthermore, R&D initiatives undertaken by leading players to improve counting and detection of sponges to prevent incidences of retained surgical items (RSI) are driving the market.

The number of abdominal surgeries performed every year is increasing tremendously owing to a rise in the prevalence of abdominal disorders. Cesarean section and cholecystectomy (removal of gall bladder) are among the top ten most commonly performed surgeries in the U.S. Growing prevalence of cancer is leading to an upswing in laparotomy procedures for biopsies, which in turn is anticipated to provide a fillip to the market.

Moreover, the development of technologically advanced sponge counting and detection systems is estimated to help the market gain significant traction over the coming years. For example, in June 2007, ClearCount Medical received FDA clearance for SmartSponge System. It was reportedly the world’s first RFID system for detection and counting of surgical towels and sponges to replace the manual counting method.

Various initiatives are being undertaken to reduce the incidence of RSI. A pediatric teaching hospital in Boston, Children’s Hospital Boston, conducted a quality improvement study for eliminating incorrect counts and count discrepancies. This study was focused on educating perioperative staff, reviewing prior count discrepancies, standardizing counting practice, and reviewing and revising the counting system for reducing RSI. This initiative resulted in a reduction in RSI by 50% between 2009 and 2010.

Access Research Report of Laparotomy Sponge Market https://www.grandviewresearch.com/industry-analysis/laparotomy-sponge-market

Laparotomy Sponge Market Report Highlights

  • The global laparotomy sponges market size was estimated at USD 713.5 million in 2016 and is poised to expand at a CAGR of 7.6% from 2017 to 2025
  • The radiopaque segment will maintain dominance in the market throughout the forecast horizon. The RFID segment is projected to witness the fastest CAGR of 8.1% during the same period
  • Hospitals accounted for the largest revenue share of around 65.0% in 2016. This can be attributed to the increasing number of open abdominal surgeries performed in hospitals
  • Asia Pacific emerged as the most promising regional market, registering a CAGR of 8.9% during the forecast period. Rising awareness regarding laparotomy is supplementing the growth of the region
  • The market is highly fragmented in nature with the presence of participants such as Medtronic; Derma Sciences, Inc.; Medical Action Industries, Inc.; Medline Industries, Inc.; Stryker; Premier Enterprises; ACTIMED; A Plus International, Inc.; Cardinal Health; and AllCare. 

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/medical-devices

Grand View Research has segmented the global laparotomy sponges market on the basis of technology, end use, and region:

Laparotomy Sponges Technology Outlook (Revenue, USD Million, 2014 - 2025)

  • Radiopaque
  • Traditional
  • RFID

Laparotomy Sponges End-Use Outlook (Revenue, USD Million, 2014 - 2025)

  • Hospitals
  • Surgery centers

Laparotomy Sponges Regional Outlook (Revenue, USD Million, 2014 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • The Middle East & Africa

Access Press Release of Laparotomy Sponge Market @ https://www.grandviewresearch.com/press-release/global-laparotomy-sponge-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

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