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$1.23 Billion Laparotomy Sponges Market by Product, Sterility and End-User - Global Outlook to 2025 - ResearchAndMarkets.com

January 16, 2019

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 Findings

The 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 Players

AdvaCare Pharma B. Braun Melsungen Cardinal Health Dynarex Corporation DeRoyal Industries Medline Industries BSN Medical DUKAL Corporation Stryker Corporation Integra LifeSciences Holdings Corporation

Other Players

Hubei Qianjiang Kingphar Medical Material Yangzhou Super Union Import & Export Patterson Companies

Topics Covered

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/

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Related Topics:Personal Care Products ,Surgical Devices

KEYWORD:

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

http://www.businesswire.com/news/home/20190116005408/en

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