U.S (New York)–This Laparotomy Sponges Market Report gives evaluation and insights primarily based on authentic consultations with necessary gamers such as CEOs, Managers, Department Heads of Suppliers, Manufacturers, and Distributors etc.
The global laparotomy sponges market was valued at $697 million in 2017, and is projected to reach $1,230 million, growing at a CAGR of 7.3% from 2018 to 2025. The factors that drive the growth of the global laparotomy sponges market include rise in prevalence of colorectal cancer, increase in cesarean births worldwide, upsurge in geriatric population, and easy affordability. However, increase in demand of minimally invasive procedures instead of open surgeries and issues related with retained sponges hamper the market growth. On the contrary, the development of advanced laparotomy sponges and high growth potential in the untapped emerging economies are anticipated to provide lucrative growth opportunities for the key players.
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Laparotomy, also known as celiotomy, is an abdominal surgical incision procedure through abdominal wall for the diagnosis of diseases related to the abdominal cavity. It is an open surgery, which is performed under general anesthesia. It involves usage of surgical sponges known as laparotomy sponges such as sterile laparotomy sponges and non-sterile laparotomy sponges. These sponges are employed to absorb body fluids and abdomen viscera, allowing clear vision of organs during surgeries. They are present in several sizes, shapes, and materials such as cotton and rayon.
The laparotomy sponges market is segmented based on product, sterility, end user, and region. On the basis of product, the market is categorized into radiopaque laparotomy sponges, traditional laparotomy sponges, and radio-frequency identification (RFID) laparotomy sponges. By sterility, it is bifurcated into sterile and non-sterile laparotomy sponges. Depending on end user, it is fragmented into hospitals and surgery centers. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The healthcare sector is vital to both national economies and people all across the world. One of the industries with the fastest growth rates is this one. There is a correlation between income levels and healthcare spending across nations because healthcare spending accounts for more than 10% of the GDP of the majority of developed countries. According to the Centers for Medicare and Medicaid Services, US healthcare spending increased by 4.6% in 2019 to reach US$ 3.8 trillion, or US$ 11,582 per person and represented 17.7% of GDP. Additionally, households paid for 28.4% of all health expenditures, followed by the federal government for 29.0%. 16.1% of all healthcare costs were paid for by state and municipal governments, while 7.5% came from other private sources.
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Due to advancements spurred by AI/ML, the impact of digital health technology will grow. Data from the Department for Promotion of Industry and Internal Trade show that FDI in the medicines and medication sector totaled US$19.12 billion (DPIIT).
Key Benefits for Laparotomy Sponges Market :
The study provides an in-depth analysis of the global laparotomy sponges market with current trends and future estimations from 2017 to 2025 to elucidate the imminent investment pockets.
Comprehensive analysis of factors that drive and restrict the market growth is provided.
Identification of factors instrumental in changing the market scenario, rise in opportunities, and identification of key companies that can influence this market on a global & regional scale are provided.
Key players are profiled, and their strategies are analyzed thoroughly to understand the competitive outlook of the market.
Laparotomy Sponges Key Market Segments :
By Product
Radiopaque Laparotomy Sponges
Traditional Laparotomy Sponges
Radio-frequency Identification (RFID) Laparotomy Sponges
By Sterility
Sterile Laparotomy Sponges
Non-sterile Laparotomy Sponges
By End user
Hospitals
Surgery Centers
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By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA
LIST OF KEY PLAYERS PROFILED IN THE REPORT
AdvaCare Pharma
B. Braun Melsungen AG
Cardinal Health
Dynarex Corporation
DeRoyal Industries, Inc.
Medline Industries, Inc.
BSN Medical GmbH
DUKAL Corporation
Stryker Corporation
Integra LifeSciences Holdings Corporation
LIST OF OTHER PLAYERS IN THE VALUE CHAIN (These players are not profiled in the report. The same will be included on request.)
Hubei Qianjiang Kingphar Medical Material Co., Ltd.
Yangzhou Super Union Import & Export Co., Ltd.
Patterson Companies
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type’s and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
Key Benefits of This Market Research:
- Industry drivers, restraints, and possibilities included in the study
- Neutral point of view on the market performance
- Recent enterprise developments and developments
- Competitive panorama and techniques of key players
- Potential and area of interest segments and areas exhibiting promising increase covered
- Historical, current, and projected market size, in phrases of value
- In-depth evaluation of the Market
- Overview of the regional outlook of the Market
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