Global Surgical Sponges Market, By Product Type (Cotton Gauze Sponges, Nonwoven Sponges, X-Ray, Detectable Sponges, Others), Application (Hospital, Clinic, Ambulatory Surgery Center, Pharmacy) – Industry Trends and Forecast to 2029.
Surgical Sponges Market Analysis and Size
The surgical sponges growth in the market can be attributed to the increasing incidence of surgical procedures, rising demand for minimally invasive surgeries, and technological advancements in surgical sponges.
Data Bridge Market Research analyses that the surgical sponges market which was USD 2221.91 million in 2021, would rocket up to USD 2948.52 million by 2029, and is expected to undergo a CAGR of 3.60% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Surgical Sponges Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Cotton Gauze Sponges, Nonwoven Sponges, X-Ray, Detectable Sponges, Others), Application (Hospital, Clinic, Ambulatory Surgery Center, Pharmacy)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Market Players Covered
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W. L. Gore & Associates. Inc. (U.S.), Boston Scientific Corporation (U.S.), Mölnlycke Health Care AB. (Sweden), Medical Devices Business Services, Inc. (U.S.), BD (U.S.), TEPHA INC. (U.S.), Medtronic (Ireland), LifeCell International Pvt. Ltd. (India), B. Braun Melsungen AG (Germany), Betatech Medical (Turkey), Ethicon Inc (U.S.), C.R. Bard, Inc (U.S.), Atrium (U.S.)
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Market Opportunities
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Market Definition
A surgical sponge is a specific type of cotton pad that is employed in surgeries to absorb blood and other bodily fluid flow. These sponges are useful for both cleaning wounds and stopping bleeding. The surgical sponge comes in three standard sizes: 5 cm x 5 cm, 7 cm x 7 cm, and 10 cm x 10 cm. These surgical sponges are offered in a variety of shapes and materials, and the raw material used to make the sponge determines the level of sterility. Surgical sponges are often weighed on a dietary scale immediately after they come off the surgical field, assuming that 1 g of weight is equivalent to 1 mL of blood, to assess the blood soaked up by the sponges.
Surgical Sponges Market Dynamics
Drivers
- Rising demand for absorbent dressings
Increasing awareness of wound care and hygiene in healthcare settings is expected to drive the global market for absorbent dressings to rise at a CAGR of 6% during the forecast period. Worldwide, clinicians employ absorbent dressings as their primary technique for managing wounds, which is expected to increase demand for them in the near future.
- Increasing investment for healthcare infrastructure
Another significant factor influencing the growth rate of meningococcal disease vaccine market is the rising healthcare expenditure which helps in improving its infrastructure. Also, various government organizations aims to improve the healthcare infrastructure by increasing funding and this will further influence the market dynamics.
Furthermore, increasing public-private partnerships to support the development of vaccines at low cost and rising level of disposable income will expand the meningococcal disease vaccine market. Additionally, the increasing prevalence of the meningococcal disease among young children and adolescents across the globe and increasing number of government initiatives to spread awareness are estimated to enhance the market’s growth rate.
The major factors propelling the surgical sponges market quickly include rising caesarean rates globally, an increase in accident cases, and an increase in the geriatric population, among others. Growing manufacturer collaborations and partnerships for vaccine development as well as research and development is a crucial factor. During the anticipated period of 2022 to 2029, technological improvements and novel surgical sponge kinds are projected to present chances for the market.
Opportunities
- Increasing incidence of surgical procedures
Due to the rising prevalence of surgical operations, the global market for surgical sponges is anticipated to expand at a CAGR of 5.5% during the forecast period. Surgical sponges are used in a variety of medical procedures to clean and absorb blood and other fluids from the surgical site. In the upcoming years, this is anticipated to fuel demand for surgical sponges.
Restraints/Challenges
The rapidly changing preferences of patients shifting from open surgeries towards minimally invasive surgical procedures are the restraining factors for surgical sponges market. The dearth of skilled professionals and lack of healthcare infrastructure in developing economies will challenge the meningococcal disease vaccine market. Additionally, side effects of meningococcal disease vaccine and strict FDA guidelines for the drug approval of new drug will act as restrain and further impede the growth rate of market during the forecast period of 2022-2029.
This surgical sponges market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the surgical sponges market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Surgical Sponges Market
The COVID-19 epidemic had a negative impact on the companies' sales. Lockdowns arising from the COVID-19 epidemic forced people to put off getting their health checked, reducing the amount of tests performed and reagent sales. However, as governments gradually loosen travel restrictions, there is a rebound in testing numbers. With the COVID-19 pandemic, dealing with infectious diseases has become a major medical concern around the world. In addition to vaccinations and therapeutic medications, there is an increasing demand for more precise and simple testing technologies as well as the expansion of testing structures.
Recent Development
- In 2019 – Hofmann-La-Roche Ltd has released COBAS PRO, an integrated solution in the Serum Work Area. This is a big milestone in laboratory diagnostics, as it can perform 2,200 tests every hour.
- In 2019 – Fujifilm Corporation and JEOL have formed a strategic partnership in the international surgical sponges analyzer market.
Global Surgical Sponges Market Scope
The surgical sponges market is segmented on the basis of type, application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Cotton Gauze Sponges
- Nonwoven Sponges
- X-Ray Detectable Sponges
- Others
Application
- Hospital
- Clinic
- Ambulatory Surgery Center
- Pharmacy
Surgical Sponges Market Regional Analysis/Insights
The surgical sponges market is analysed and market size insights and trends are provided by country, type, application as referenced above.
The countries covered in the surgical sponges market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the surgical sponges market due to the increased number of accidents and advances technology.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 due to rising population and rapid urbanization.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The surgical sponges market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for surgical sponges market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the surgical sponges market. The data is available for historic period 2010-2020.
Competitive Landscape and Surgical Sponges Market Share Analysis
The surgical sponges market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to surgical sponges market.
Some of the major players operating in the surgical sponges market are:
- W. L. Gore & Associates. Inc. (U.S.)
- Boston Scientific Corporation (U.S.)
- Mölnlycke Health Care AB (Sweden)
- Medical Devices Business Services, Inc. (U.S.)
- BD (U.S.)
- TEPHA INC. (U.S.)
- Medtronic (Ireland)
- LifeCell International Pvt. Ltd. (India)
- B. Braun Melsungen AG (Germany)
- Betatech Medical (Turkey)
- Ethicon Inc (U.S.)
- C.R. Bard, Inc (U.S.)
- Atrium (U.S.)
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