Medical Sponges are used to absorb liquid from wound sites and other areas that require the removal of unwanted liquified matter. The medical sponges are disposable medical products that are mainly made up of gauze, and these gauzes are made up of cotton and non-woven materials. These sponges are used in different medical procedures, such as to clean wounds to absorb blood during surgical procedures. These medical sponges are also known as swabs. The X-ray detectable gauze sponges are one type of medical sponges used during major and minor surgery, wound packing, and open wound dressing. These gauze sponges come up in two types sterile and non-sterile.
MARKET DYNAMICS
The medical sponges market has shown a significant evolution over the forecast period. The rise of the medical sponges market is driven by the rising geriatric population and an increasing incidence of chronic diseases attributed to changing lifestyles and eating habits. According to WHO, the global aging population is anticipated to rise from an estimated 524 million in 2010 to about 1.5 billion by 2050. Moreover, the number of cesarean section deliveries has increased tremendously worldwide owing to factors such as changes in maternal characteristics, economic, social, and organizational pressures, as well as professional malpractices. The advancements in technologies of novel products by key market players and a high growth potential in the developing countries are expected to provide lucrative growth opportunities for the market.
MARKET SCOPE
The "Medical Sponges Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry's medical device, focusing on the global market trend analysis. This report outlines the medical sponges market with detailed market segmentation by product, type, and end-user. The medical sponges market is estimated to witness a high rise during the forecast period. It focuses on the vital statistics on the leading players' market status in the medical sponges market and provides key opportunities and trends in the market.
MARKET SEGMENTATION
The market is categorized based on the product, type, and end user. Based on the product, the market is segmented as cotton gauze sponges, nonwoven sponges, surgical sponges, and others. Based on the type, the segmentation of the market is into sterile sponges and non-sterile sponges. Based on end user, the segmentation of the market is into hospitals, clinics, and others.
REGIONAL FRAMEWORK
The report states a detailed outline of the industry, consisting of both quantitative and qualitative information. It offers a sketch and forecast of the medical sponges market based on various segments. The report also consists of market size and forecast estimates from the year 2020 to2028with respect to five main regions, namely; North America, Asia-Pacific (APAC), Europe, Middle East, and Africa (MEA), and South & Central America (SCAM). The medical sponges market by each region is then sub-segmented into respective countries and segments. It comprises the analysis and forecast of 18 countries globally and the recent trend and opportunities prevailing in the region.
The report analyzes factors affecting the medical sponges market from both the demand and supply sides. Furthermore, it evaluates market dynamics regarding the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. It also consists of precise PEST analysis for all five regions, namely, North America, Asia Pacific, Europe, Middle East, and Africa, and South & Central America, after assessing political, social, economic, and technological factors affecting the Medical sponges market in these regions.
MARKET PLAYERS
The report contains critical developments in the medical sponges market as inorganic and organic growth strategies. Several companies are pivoting on organic growth strategies like product launches, product approvals, and others, such as patents and events. Inorganic growth strategies observed were collaborations and acquisitions &partnerships. Various such activities have paved the path for elaborating the business and customer base of market players. The market players from the medical sponges market are estimated to have profitable growth opportunities in the coming years with the higher demand for medical sponges in the global market. Given below is the list of a few companies engaged in the medical sponges market.
The report also offers key players' profiles in the medical sponges market, along with their SWOT analysis and market strategies. Also, the report focuses on the key market players with information on company profiles, financial information of the last three years, components, and services provided, critical development in the past five years.
-Medline Industries, Inc.
-Dukal Corporation
-Dynarex Corporation.
-B. Braun Melsungen AG
-Amd-Ritmed
-McKesson Medical-Surgical Inc.
-Medtronic
-Cardinal Health.
-Stryker
-Medical Action Industries Inc.
The Insight Partner's dedicated research and the analytical team comprises of experienced professionals with advanced statistical expertise and offers several customization options in the current report.