Increasing Incidence Of Abdominal Disorders Is Expected To Bolster Growth Of Laparotomy Sponges Market
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 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 for
prevent incidences of retained surgical items (RSI) are driving the market.
Number
of abdominal surgeries performed every year is increasing tremendously owing to
rise in prevalence of abdominal disorders. Cesarean section and cholecystectomy
(removal of gall bladder) are among the top ten most commonly performed
surgeries in 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,
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 reduction in RSI
by 50% between 2009 and 2010.
Browse full
research report on Laparotomy Sponges Market: https://www.grandviewresearch.com/industry-analysis/laparotomy-sponge-market
Further
Key Findings From the Study Suggest:
- The global laparotomy sponges market size was
estimated at USD 713.5 millionin 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 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
- Themarket is highly fragmented in nature with
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: 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
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Asia
Pacific
- Japan
- China
- Latin
America
- Mexico
- Brazil
- Middle
East & Africa
- South
Africa
Access
Press Release By Grand View Research: 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.
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