Global Laparotomy Sponge Market Size & Outlook, 2016-2025
The laparotomy sponge industry worldwide is expected to reach a projected revenue of US$ 1,384.6 million by 2025. A compound annual growth rate of 7.6% is expected of the worldwide laparotomy sponge industry from 2017 to 2025.
Revenue, 2016 (US$M)
$713.7
Forecast, 2025 (US$M)
$1,384.6
CAGR, 2017 - 2025
7.6%
Report Coverage
Worldwide
Global laparotomy sponge market, 2014-2025 (US$M)
Related Markets
Global laparotomy sponge market highlights
- The global laparotomy sponge market generated a revenue of USD 713.7 million in 2016 and is expected to reach USD 1,384.6 million by 2025.
- The market is expected to grow at a CAGR (2017 - 2025) of 7.6% by 2025.
- In terms of segment, rfid accounted for a revenue of USD 391.1 million in 2016.
- Radiopaque is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2016.
- Country-wise, U.S. is expected to register the highest CAGR from 2017 to 2025.
Global data book summary
| Market revenue in 2016 | USD 713.7 million |
| Market revenue in 2025 | USD 1,384.6 million |
| Growth rate | 7.6% (CAGR from 2016 to 2025) |
| Largest segment | Rfid |
| Fastest growing segment | Radiopaque |
| Historical data covered | 2014 - 2015 |
| Base year for estimation | 2016 |
| Forecast period covered | 2017 - 2025 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Radiopaque, Traditional, RFID |
Other key industry trends
- In terms of revenue, the North America accounted for 36.1% of the global laparotomy sponge market in 2016.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2025.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 388.1 million by 2025.
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Laparotomy Sponge Market Scope
Laparotomy sponge market segmentation & scope
Laparotomy Sponge Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global laparotomy sponge market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to laparotomy sponge market will help companies and investors design strategic landscapes.
Rfid was the largest segment with a revenue share of 54.8% in 2016. Horizon Databook has segmented the Global laparotomy sponge market based on radiopaque, traditional, rfid covering the revenue growth of each sub-segment from 2014 to 2025.
- Global Laparotomy Sponge Technology Outlook (Revenue, USD Million, 2014-2025)
- Radiopaque
- Traditional
- RFID
- Global Laparotomy Sponge End Use Outlook (Revenue, USD Million, 2014-2025)
- Hospitals
- Surgery centers
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Our clientele includes a mix of laparotomy sponge market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global laparotomy sponge market, including forecasts for subscribers. This global databook contains high-level insights into Global laparotomy sponge market from 2014 to 2025, including revenue numbers, major trends, and company profiles.
Partial client list
Global laparotomy sponge market size, by regions, 2014-2025 (US$M)
Top 10 countries: Laparotomy sponge market size, 2016 (US$M)
Global laparotomy sponge market share, by technology, 2016 & 2025 (%, US$M)
Laparotomy Sponge Market: Opportunity Assessment By Country
Global laparotomy sponge market, by region, 2016 (US$M)
Related regional statistics
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