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Pharmaceutical

Global Sponge Detection System Market Is Predicted To Expand At A Cagr Of 5.7% By 2031

According to a new report by Fact.MR – a provider of market research and competitive intelligence – the global sponge detection systems market was valued at USD 107 million in 2020 and is expected to grow at a CAGR of 5.7% during the forecast period (2021-2031) .

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The retention of surgical sponges in a patient’s body is considered a serious medical error by the World Health Organization (WHO). Retained surgical sponge is the most dangerous among all due to severe complications. The sponge is easy to hold back because it is small, and once saturated with blood it is difficult to separate from the surrounding tissue.

There are no known methods to completely reduce the risk of retained sponges, although sponge detection systems can reduce the incidence rate. The increasing demand for sponge detection systems is mainly driven by the increasing need for control and preventive measures during surgery. Rising cases of emergency surgery, lack of awareness among surgeons, and favorable reimbursement policies are also driving the market growth.

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Important insights from the market study

Radio frequency detection systems are expected to achieve more than 41% revenue share of the market by 2031 and expand at a CAGR of 4.5% during the forecast period (2021-2031).
Sponge detection systems are commonly used in abdominal surgeries; with a forecast market share of 24.7% by the end of 2031, it will thus gain the largest share of all applications.
Among all end users, hospitals are expected to capture more than 46% of the market share as awareness of controlling the number of surgical sponges retained after surgeries has increased.
North America had a large share of the global sponge detection systems market in 2020 and a similar trend is expected to continue during the forecast period owing to the greater acceptance of advanced systems in healthcare facilities and the increase in healthcare spending in the region.
Manufacturers are actively involved in portfolio expansion and are collaborating with various companies to gain greater market share.
“Increasing technological advancements in sponge detection systems with increasing demand to reduce the risk of retained surgical sponges are expected to fuel market growth in the coming years,” says an analyst at Fact. MISTER.

Segments Covered in Sponge Detection Systems Market Insight
Technology
Computerized Sponge Counting Devices Radio
Frequency Sponge Detection Systems Radio Frequency
Identification Sponge Detection Systems
Modality Hand-
held Sponge Detection Systems Tabletop Sponge Detection Systems Product Type Sponge Detection Systems Body Scanners Room Scanners Application Sponge Detection Systems for Abdominal Surgery Sponge Detection Systems for General Surgery Sponge Detection Systems for Gastrointestinal Surgery Sponge Detection Systems
for Cardiac Surgery

Sponge Detection Systems for Gynecology & Obstetrics
Sponge Detection Systems for Orthopedics & Arthroscopy
Sponge Detection Systems for Neurology
End User
Sponge Detection Systems for Hospitals
Sponge Detection Systems for Clinics
Sponge Detection Systems for Ambulatory Surgical Centers

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The regional analysis includes

North America (USA, Canada)
Latin America (Brazil, Mexico, Argentina, Chile, Peru, rest of LATAM)
EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Republic, etc.), Rest of Europe
CIS & Russia
Japan
Asia-Pacific excluding Japan (Greater China, India, South Korea, ASEAN countries, other APEJ)
Middle East and Africa (GCC countries, Turkey, Iran, Israel, South Africa, Rest of MEA)

The report includes the following Sponge Detection Systems market insights and assessments, which will be useful for all participants in the intradermal injections market:
• Data on recently introduced regulations and their impact on key industries and the demand for intradermal injections
• Latest industry analysis of avocado oil market with key analyses of Market Drivers, Trends and Influencing
Factors • Analysis of the key trends of the Sponge Detection Systems market and changing consumer preferences in key verticals.
• Changing demand and consumption of various products after intradermal injections
• Important trends underlining financing by key investors in numerous countries
• New investment opportunities in various types of technology and products or services
• Comprehensive data and competitive analysis of key players of Intradermal Injections
• Sales in the US Sponge Detection Systems market will continue to grow due to growing consumer confidence and economic recovery
• The demand forecast for Intradermal Injections in Europe remains stable as many countries like the UK, France and Germany focus on boosting growth

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