$1.23 Billion Laparotomy Sponges Market by Product, Sterility and End-User - Global Outlook to 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jan 16, 2019--The “Laparotomy Sponges Market by Product, Sterility, and End User - Global Opportunity Analysis and Industry Forecast, 2017-2025” report has been added to ResearchAndMarkets.com’s offering.
The market was valued at $697 million in 2017, and is projected to reach $1,230 million in 2025, registering a CAGR of 7.3% from 2018 to 2025.
The factors that drive the growth of the laparotomy sponges market include rise in prevalence of colorectal cancer, increase in cesarean births worldwide, surge in geriatric population, and easy affordability.
However, increase in demand for minimally invasive procedures instead of open surgeries and issues related with retained sponges restrain the market growth.
Conversely, the development of advanced laparotomy sponges and high growth potential in the untapped emerging economies are expected to provide lucrative growth opportunities for the key players.
The utilization rate of laparotomy sponges in hospitals is high. However, laparoscopic sponges market in surgery centers is expected to grow at a highest CAGR during the forecast period, due to increase in number of surgical centers across the world.
Select FindingsThe traditional laparotomy sponges segment accounted for more than one-fourth share of the global laparotomy sponges market in 2017. The sterile laparotomy sponges segment is expected to grow at highest CAGR from 2018 to 2025. The non-sterile laparotomy sponges segment accounted for around one-fifth share of the global laparotomy sponges market in 2017. Europe accounted for around one-third share of the global market in 2017. LAMEA is expected to provide lucrative market growth opportunities from 2018 to 2025.
Key PlayersAdvaCare Pharma B. Braun Melsungen Cardinal Health Dynarex Corporation DeRoyal Industries Medline Industries BSN Medical DUKAL Corporation Stryker Corporation Integra LifeSciences Holdings Corporation
Other PlayersHubei Qianjiang Kingphar Medical Material Yangzhou Super Union Import & Export Patterson Companies
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Overview
Chapter 4: Laparotomy Sponges Market, by Product
Chapter 5: Laparotomy Sponges Market, by Sterility
Chapter 6: Laparotomy Sponges Market, by End-User
Chapter 7: Laparotomy Sponges Market, by Region
Chapter 8: Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/gtqc58/1_23_billion?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190116005408/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Personal Care Products ,Surgical Devices
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 01/16/2019 07:40 AM/DISC: 01/16/2019 07:40 AM