SEATTLE, May 10, 2021, (MEDGADGET) — GELATIN SPONGE MARKET
Overview:
Gelatin sponge are generally small, sterile, and surgical sponges that are used in surgical procedures as a haemostatic device. Each gelatin sponge is capable of absorbing and holding blood according to its mesh size. Gelatin sponges are prepared from specially treated and purified gelatin solution. Gelatin sponge products are sterile and are intended for single-use, as reuse can result in the transmission of HIV and hepatitis, which can endanger patients and health care providers. Gelatin sponges are mainly stored at 25 degrees but can extend storage temperature by 15 to 30 degrees.
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Covid-19 Impact:
COVID-19 has spread to over 100 countries around the world since its outbreak in December 2019, prompting the World Health Organization to declare it a public health emergency. According to a study published by the World Health Organization, the coronavirus (COVID-19) has infected over 43.4 million people worldwide as of October 27, 2020.
The coronavirus (COVID-19) pandemic and subsequent lockdown in different countries around the world has adversely affected various companies. The private healthcare sector is one of the places where the COVID-19 pandemic has had a huge effect. The pandemic has had a negative effect on the global gelatin sponge industry, affecting directly the development, production, and supply of medical devices, as well as the growth of pharmaceutical businesses of various companies globally due to lockdowns. The national lockdowns also resulted in the closing of industrial facilities, with the exception of those that manufacture vital goods, as well as a disruption in the supply chain for pharmaceuticals diagnostic and therapeutic kits.
Drivers:
The rising number of plastic surgeries is expected to propel the growth of the gelatin sponge market. According to the American Society of Plastic Surgeons’ 2019 survey, around 1.8 million cosmetic surgical procedures were performed in the United States in 2019, with 16.3 million minimally invasive cosmetic procedures performed in the same year.
Moreover, the increasing prevalence of cancer such as oral cancer is expected to drive demand for gelatin sponge over the forecast period. For instance, according to the World Health Organization 2019, oral cancer is one of the top three most common cancers in Asia Pacific.
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Restraints:
Toxic shock syndrome is observed due to gelatin sponge use in nasal surgeries. This is expected to hinder the growth of the gelatin sponge market.
The global gelatin sponge market is estimated to be valued at US$ 195.9 million in 2020 and is expected to exhibit a CAGR of 4.20 % during the forecast period (2020-2027).
Market Taxonomy:
Gelatin Sponge Market, by Application, is segmented into:
- Plastic Surgery
- Neurosurgery
- General Surgery
- Dental Surgery
- ENT Surgery
- Anorectal Surgery
- Abdominal Surgery
- Others
By End User:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
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Regional Analysis:
North America is expected to witness significant growth in gelatin sponge market owing to increasing number of surgical procedures in the region. For instance, According to the Centers for Disease Control and Prevention, about 48.9 million surgeries were conducted in the United States in 2017, with an estimated 25.7 million in hospitals and 22.5 million in ambulatory surgical centers.
Key Players
Key players involved in the global gelatin sponge market include Baxter International Inc, Gelita AG, Johnson & Johnson, CURA Healthcare Pvt. Ltd, Angel Life Science, Genco Tibbi Cihazlar Limited, Aegis Lifescience, Pfizer Inc, B. Braun, Ferrosan Medical Devices A/S, Eucare Pharmaceuticals Private Limited and Saintroy Lifescience.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Market Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Drivers
- Restraint
- Opportunity
- Impact Analysis
- PEST Analysis
- PORTER’s Analysis
- Key Highlights
- Key Brand Analysis
- Regulatory Scenario
- Reimbursement Scenario
- Market Trends
- Collaborations and Acquisitions
- Global Gelatin Sponge Market- Impact of COVID-19 Pandemic
- COVID-19 Epidemiology
- COVID-19 Impact on Demand & Supply
- Global Gelatin Sponge Market, By Application, 2016-2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Plastic Surgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Neurosurgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- General Surgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Dental Surgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- ENT Surgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Anorectal Surgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Abdominal Surgery
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Plastic Surgery
- Introduction
- Global Gelatin Sponge Market, By End User, 2016–2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Ambulatory Surgical Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Hospitals
- Introduction
- Global Gelatin Sponge Market, By Region, 2016–2027 (US$ Mn)
- Introduction
- Market Share Analysis, By Country, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, For Countries, 2017–2027
- North America
- Introduction
- Market Size and Forecast, By Application, 2016–2027 (US$ Mn)
- Market Size and Forecast, By End User, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, By Application, 2016–2027 (US$ Mn)
- Market Size and Forecast, By End User, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, By Application, 2016–2027 (US$ Mn)
- Market Size and Forecast, By End User, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, By Application, 2016–2027 (US$ Mn)
- Market Size and Forecast, By End User, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, By Application, 2016–2027 (US$ Mn)
- Market Size and Forecast, By End User, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, By Application, 2016–2027 (US$ Mn)
- Market Size and Forecast, By End User, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country/Region, 2016–2027 (US$ Mn)
- South Africa
- Central Africa
- North Africa
- Introduction
- Competitive Landscape
- Company Profiles
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