A comprehensive research offering of an inclusive analysis of the Global Surgical Sponges Market size, share, recent developments and trends can be presented in this latest report from Absolute Markets Insights. According to the report, the global surgical sponges market is expected to experience significant growth during the forecast period 2021 to 2030. The study provides a brief summary and in-depth insights into the market by collecting data from the experts in the market. industry and several prevalent in the market. In addition to this, the report offers detailed analysis of geographies and outlines competitive scenario to help investors, leading players and new entrants to gain major share of the global Surgical Sponges market.
In terms of revenue, the global surgical sponges market was valued at US $ 237.73 million in 2020 and is expected to reach US $ 3,119.27 million by 2030, with growth estimated at a CAGR of 3.8% + over the next seven years.
Some of the major players operating in the global surgical sponges market include: BSN medical, CARWILD CORP, McKesson Medical-Surgical Inc., Medline Industries, Inc., Mölnlycke Health Care AB., Owens & Minor, Inc., PAUL HARTMANN Middle East FZE and Winner Medical Group Inc., among others.
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Robotic surgery is another emerging trend in the healthcare industry that is rapidly being adopted by hospitals in the United States and Europe for use in the treatment of a wide range of conditions. Complex cardiac surgeries are seeing a strong application of robotics to reduce total surgery time, allowing physicians to perform multiple surgeries in a single day. For example, Johns Hopkins Hospitals employ robots to perform heart-related surgeries such as valve surgery, coronary artery bypass grafting, removal of heart tissue, repair of heart defects, and removal of tumors. The increasing number of cardiac surgeries performed with robotic assistance are expected to increase the demand for surgical sponges used during the operation. Likewise, implantable surgical sponges that are placed inside the breast after surgery to prevent infections are expected to be in high demand. For example, RESORBA Medical GmbH provides a hemostatic collagen sponge named GENTA-COLL which has antibiotic properties to prevent infections. Thus, the on-going advancements in medical technologies such as visualization and robotics are expected to inflate the number of surgeries which in turn will drive the growth of the global surgical sponges market.
However, advanced technologies have also made it easier to perform non-invasive surgeries for certain disorders, which reduces blood loss during treatment and, therefore, limits the number of surgical sponges needed. For example, laser fat removal treatment, which is gaining popularity over invasive liposuction surgeries, minimizes the need for a surgical sponge in the procedure by reducing the flow of blood and other bodily fluids. In a similar case, minimally invasive laser spine surgery significantly reduces blood loss during treatment and in turn decreases the use of surgical sponges. These non-invasive surgical treatments are thus hampering the demand in the global surgical sponges market. The recent COVID-19 outbreak has further hampered the global surgical sponge market as hospitals postpone non-essential surgeries. In addition, people are reluctant to go to medical facilities for medical treatment for fear of being infected.
The study of Surgical Sponges market follows a combination of extensive research and structured methodology. These methods survey the market from different angles to find suitable analyzes. However, on a general scale, data is collected from a variety of trusted sources such as vendor listing, product and research documents, manufacturer processes, and many more. Every market research receives exactly the same shadow of attention that makes it worth reading. The Surgical Sponge market report has categorized the market into segments comprising type of product and application. Each segment is evaluated based on share and growth rate. Meanwhile, analysts looked at potential areas that could prove rewarding for builders in the years to come. The regional analysis includes reliable forecast on value and volume, thereby helping market players to gain in-depth insights into the entire industry. Further, the Surgical Sponge market research study is articulated around the development of regional trends, preferred marketing channels, long term stability, and environmental analysis. It also contains product capabilities, price, profit statements, demand, production and market growth and a trajectory for the upcoming forecast.
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Impact of COVID-19:
This study presents insights into COVID-19 in consumer behavior and changes in demand, purchasing patterns, supply chain reorganization, dynamics of market forces, and substantial government involvement. The new research provides information, analysis, estimates and forecasts in light of the effect of COVID-19 on the markets.
Reasons to buy the report:
- The study details the Surgical Sponges market with a detailed breakdown of the market in terms of volume, size, and value across all sectors.
- A complete breakdown of the Surgical Sponges market supported by charts, pie charts, and numbers makes it easy to understand.
- A projected forecast of the Surgical Sponges market is expected to be retrieved from real-time data points which is a compilation of 2016 to current data.
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Global Surgical Sponges Market Segmentation:
- Cotton / gauze
- PVA (polyvinylacetal)
- PVA (polyvinyl acetate)
- Others (lint-free fabric, cotton twill, etc.)
- Rectangle triangle
- Triangle / Round
- X-ray detectable
- Double rope
- Fenestrated / Pediatric
- LASIK and refraction
- Endoscopic sponge
- Dissection sponges
- Tonsil and ear
- Cherry Dissector Sponge
By end user
- Ambulatory surgery centers
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
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