Laparotomy Sponge Market – Latest Advancements and Market insights Outlook 2017 to 2025

“Laparotomy Sponges Market, by Product, Sterility, and End User: Global Opportunity Analysis and Industry Forecast, 2018–2025," 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.

Access Full Report Summary: https://www.alliedmarketresearch.com/laparotomy-sponge-market

Laparotomy is an open surgical operation of abdomen, in which incision is made for the treatment of various disorders of the abdominal cavity. During this treatment, patients are given general anesthesia. Laparotomy sponges are abdominal pads used for absorption of body fluids and viscera during surgeries. Moreover, they are used for protection, retraction, and general wound management. They are available in varying sizes and shapes, and are mostly made up of cotton.

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 radiopaque laparotomy sponges segment accounted for the largest share in 2017, owing to high usage & availability of radiopaque laparotomy sponges. Furthermore, the radio-frequency identification (RFID) laparotomy sponges segment is expected to grow at the highest CAGR from 2018 to 2025.

On the basis of sterility, the sterile laparotomy sponges segment occupied the largest share in 2017 and is expected to provide lucrative market opportunities during the forecast period.

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.

“Laparotomy sponges have gained a substantial market share in the recent years, due to high prevalence of abdominal disorders, such as bowel blockage and colon cancer, and increase in number of laparotomy surgical procedures. Improved features of laparotomy sponges and development of systems for the detection of retained surgical sponges in patient’s body have further boosted the market growth. In addition, increase in strategic developments by key players is anticipated to fuel the market growth in the near future.”

Request Sample Report at: https://www.alliedmarketresearch.com/request-sample/3696

Key findings of the study
•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.

North America was the leading revenue contributor to the global laparotomy sponges market in 2017 and is expected to dominate the market during the forecast period. This is attributed to presence of majority of key players and rise in geriatric population. However, Asia-Pacific is expected to grow at the highest CAGR during the study period, due to increase in prevalence of colorectal cancer in countries such as Japan and China, surge in healthcare expenditure, and rise in awareness toward advanced laparotomy sponges.

For Purchase Enquiry : https://www.alliedmarketresearch.com/purchase-enquiry/3696

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
Shriram Dighe
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1⟨855⟩550-5975
help@alliedmarketresearch.com

Web: https://www.alliedmarketresearch.com

This release was published on openPR.