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The global laparotomy sponges market is anticipated to grow at a steady rate and will post a CAGR of close to 8% during the forecast period. Growing advancements in technology to perform abdominal laparotomy procedures will drive the growth prospects for the global laparotomy sponges market until the end of 2020. These technological advancements will allow both vendors and the healthcare providers to address healthcare challenges such as sterilization and access to affordable health care services, which results in the development of efficient products. For instance, the laparotomy sponges labeled with RFID tags help reduce the retention of sponges and improve the quality of the operation.
In addition, the market analysis also shows that products such as sterile laparotomy sponge ensure enhanced safety from infective agents. For instance, Medical Action Industries developed X-ray detectable laparotomy sponges that have a high quality and reliability by incorporating advanced and modern systems to provide sterile laparotomy sponges. Similarly, Stryker recently introduced the SurgiCount sponge system, which helps to avoid the retainment of surgical sponges in the body.
The growing focus on developing economies will drive the growth prospects for the global laparotomy sponges market for the next four years. One of the major factors contributing to market opportunities for these vendors in emerging economies such as India, China, Africa, and the Middle East is the presence of a huge customer base and high demand. Also, the growing demand for lap sponges fosters its growth prospects across the medical devices and textile industry.
The global laparotomy sponges market is highly fragmented and competitive due to the presence of a large number of tier I, tier II, and local or domestic companies. Vendor analysis for the market shows that the competitive environment in the market will intensify with the increasing new product launches and advancements in technology. Furthermore, these vendors compete against each other based on the factors such as aggressive pricing, capital support for product or technology up-gradation, and distribution partnerships.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Unique device identification in healthcare industry
PART 06: Market landscape
PART 07: Market segmentation by technology
PART 08: Geographical segmentation
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
PART 15: Key vendor analysis
PART 16: Appendix
PART 17: Explore Technavio
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