Global laparotomy sponge market is expected to witness remarkable growth over the coming seven years due to increasing technological advancements in this sector. In addition, growing prevalence of abdominal diseases such as colon cancer is further anticipated to propel the market growth for laparotomy sponges in near future. According to a data published by the ACS (American Cancer Society), around 96,830 patients are diagnosed with colon cancer every year which is expected to drive the market demand for laparotomy devices. Furthermore, rising geriatric population base is also anticipated to accentuate the market growth owing to the fact that old aged people are more prone to abdominal diseases that requires laparotomy.
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The global laparotomy sponge market is categorized on the basis of types and medical procedures. By types, the market is bifurcated into sterile laparotomy sponge and non sterile laparotomy sponge. Sterile laparotomy sponge market is anticipated to register fastest market growth over the forecast period due to enhanced safety from infective agents. By medical procedures, the market for pre washed laparotomy sponge is expected to gain higher market share owing to growing utilization in extensive laparotomy surgeries. Regionally, as of 2014, North America held the largest growth share due to growing prevalence of colon cancer and usage of technically advanced laparotomy techniques. Similarly, European region is anticipated to register substantial market growth owing to increasing geriatric population base with abdominal diseases. Increasing healthcare investments and personal disposable income are the factors responsible for providing fastest growth to Asia pacific region. Also, Latin American countries are expected to witness rapid growth over the coming seven years owing to rising awareness about advanced laparotomy devices and healthcare infrastructure.
The key companies operational in laparotomy sponge market are Guangda Textile, Derma Sciences Inc., Medline Industries Inc., SurgiCount Medical, Actimed, Medical Action Industries Inc., Smith and Nephew, Premier Enterprises and Kendall Healthcare. The market players are adopting competitive strategic measures such as new product development, collaborations and R&D operations in an attempt to increase their market share. For example, in 2013, SurgiCount Medical introduced a SAFE-T Lapsponge, an innovative product designed to assist the user of Safety Sponge System with an added advantage of safety and ease of use. The Lapsponge is clinically proven to reduce occurrence of miscounted & misplaced sponge and remove retained surgical sponge. The laparotomy sponges market is anticipated to register further market growth as the companies are striving to market their products online and improve their promotional activities.
Information Source: Grand View Research