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.

For more information: www.grandviewresearch.com

Comments

Popular posts from this blog

The global vein illuminator market is expected to reach USD 358.5 million by 2024, according to a new report published by Grand View Research, Inc. The vein illuminator market is anticipated to witness a lucrative growth during the period 2016 to 2024. The factors contributing towards the growth of the market are the growing aging population and the efforts channelized towards improving patient satisfaction. Additionally, factors, such as the demand for technologically advanced medical equipment and the rising research and practical applications are expected to be opportunistic for the industry growth. However, the prevalence of traditional methods owing to the high costs of the vein illuminator devices is likely to hinder the growth of the market in the near future. The vein illuminator market is segmented on the basis of technology, application, end-user, and region. Based on technology, the market is further categorized into transillumination, infrared technology, and ultrasound. The near-infrared illumination technology is estimated to be the largest shareholder due to its ability to penetrate deep into the tissue, which makes it possible to visualize the vessels clearly. On the basis of application, the market is segmented into intravenous access and blood draw. The end-user segment comprises hospitals, rehabilitation facilities, blood donation camps, and academic institutions. The market for hospitals is expected to grow rapidly during the forecast period due to a surge in the demand for technologically advanced medical equipment. The market is also categorized into North America, Europe, Asia Pacific, MEA, and Latin America. Browse full research report on global Vein Illuminator Market: http://www.grandviewresearch.com/industry-analysis/vein-illuminator-market Further key findings from the study suggest: • In terms of market share, the North America vein illuminator market is expected to hold majority of the share in 2016. Factors resulting in the growth of this industry are the steady preference for highly-advanced medical devices by hospitals as well as the presence of several medical device manufacturing companies in the region. • The infrared illumination technology is estimated to lead the industry due to its deep penetration capability into thick tissues tohighlight the presence of vessels with increased clarity. Based on application, the segment for intravenous access is estimated to be the largest shareholder, followed by the blood draw segment. • The vein illuminator industry comprises several local as well as global players. Some prominent players in this industry include Accuvein, Inc., Christie Medical Holdings, Inc., Infrared Imaging Systems, Inc., Translite, LLC, and Venoscope, LLC,among others. In order to hold a major share in the industry, the companies are adopting both organic as well as inorganic strategies. The major strategies adopted by the companies are new product development, mergers, collaborations, partnerships, geographical expansions, and acquisitions. • The companies are also focusing on research and development activities in order to enhance their product portfolio. For instance, in September 2015, Accuvein, Inc., declared its 26th patent, which was issued by the United States Patent and Trademark office for their vein visualization system. Browse more reports of this category by Grand View Research: http://www.grandviewresearch.com/industry/medical-devices Grand View Research has segmented the vein illuminator market on the basis of technology, application, and end-user application: Vein Illuminator Technology Outlook (Revenue, USD Million, 2013 - 2024) • Transillumination • Infrared technology • Others Vein Illuminator Application Outlook (Revenue, USD Million, 2013 - 2024) • Intravenous access • Blood draw • Others Vein Illuminator End-user Outlook (Revenue, USD Million, 2013 - 2024) • Hospitals • Blood donation camps • Academic institutions • Others Vein Illuminator Regional Outlook (Revenue, USD Million, 2013 - 2024) • North America • Europe • Asia Pacific • Latin America • MEA Access press release of this research report by Grand View Research: http://www.grandviewresearch.com/press-release/global-vein-illuminator-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. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc For more information: www.grandviewresearch.com

Hyaluronic Acid Market Is Likely To Be Influenced By The Increase In Obesity Till 2024: Grand View Research, Inc.

Protein Purification & Isolation Market Is Predicted To Grow Swiftly Due To Increased Research In The Fields Of Biotechnology & Pharmaceuticals Till 2025: Grand View Research, Inc.