"Designing Growth Strategies is in our DNA"
The medical gauze balls are hydrophilic in nature and thus are mainly employed to soak up blood and clean the wounds throughout the surgeries. Gauze balls are minimally fraying hence, the risk of microbiological infection is decreases. These are generally made of cotton and are particularly useful for wound dressing because some other material may attach to the wound and result in burn or cause laceration. The recent medical gauzes are enveloped with a porous film made of plastic to prevents direct contact with wounds and additionally decreases wound adhesion. The variety of applications of gauze balls, rising number of surgeries increased incidences of road accidentsa are driving the growth of the market.
The increase in the number of surgical procedures, rising number of accidental cases and increase in the prevalence of chronic diseases leading to surgeries are the central factors driving the growth of the market. According to the American Society of Plastic Surgeons, greater than 17.7 million surgical and minimally invasive cosmetic procedures were estimated to be performed in the United States in 2018. Moreover, the growing incidences of accidental cases and trauma are further driving the growth of the market. According to the World Health Organization (WHO) 2020, 1.35 million people were estimated to die from road traffic crash and between 20 and 50 million people suffer non-fatal injuries every year. However, strict regulations and competition from domestic players leading to pricing pressure are likely to obstruct the market growth.
Key Market Driver -
Increase in the number of surgical procedures and growing number of accidental cases are boosting the market growth.
Key Market Restraint -
Strict government regulations and trade disputes are likely to hinder the market growth
Globally, the medical gauze balls market can be segmented on the basis of product type, end-users, and region. Based on the product type, the market can be segmented into sterile and non-sterile. Based on the end-users the market can be segmented into hospitals, specialty clinics, ambulatory surgical centres and others
Geographically, the medical gauze balls market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
Some of the major companies that are present in the medical gauze balls market are DYNAREX, Medline Industries, BSN medical, Paul Hartmann AG, Baxter Healthcare, Cardinal Health, Winner Medical Group Inc., PartsSource, Inc., Johnson & Johnson Consumer Inc., Smith & Nephew, Inc., 3M, Mölnlycke Health Care AB, and other prominent players.
Geographically, the medical gauze balls market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America is expected to hold the largest share of the market and is also estimated to follow the same tendency in the forecast period. The growth of the market in this region can be accredited to the higher number of surgeries per year, increase in the prevalence of chronic diseases, and higher per capita health-care expenditure. Moreover, the presence of highly developed healthcare infrastructure, rising number of cosmetic procedures, and favorable reimbursement policies are also driving the market growth in this region. Europe is anticipated to hold the second most lucrative market throughout the forecast period. The factors such as increase in the prevalence of chronic diseases, rising number of road accidents and higher healthcare expenditure by the various government agencies in this region are projected to boost the growth of the market in this region. However, Asia-Pacific holds the largest potential for the market growth. The growth of the market can be recognized by the escalation in the number of road accidents, rising healthcare facilities, adoption of advanced healthcare products, increase in the purchasing power of the countries, and growing healthcare expenditure are the major factors driving the growth of the market in this region. The market in Latin America and the Middle East and Africa are expected to grow reasonably in the forecast period. The market in these regions is expected to grow due to the increasing availability of doctors, growing healthcare infrastructure and expansion of market by key players.
To gain extensive insights into the market, Request for Customization
By Product Type
“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”- U.S.-based biotechnology company focussing on treatment of chronic pain.
“Kudos to your team. Thank you very much for your support and agility to answer our questions.”- Europe-based provider of solutions to automate data centre operations.
“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”- India-based manufacturer of industrial and specialty intermediates with a strong global presence.
“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”- One of the largest cosmetics company in the world.
“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”- U.S. based startup operating in the cultivated meat market.
“We received the below report on the U.S. market from you. We were very satisfied with the report.”- Global hearing aids manufacturer.
“I just finished my first pass-through of the report. Great work! Thank you!”- U.S. based solar racking solutions provider.
“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”- World’s leading advisory firm.
“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”- Germany based machine construction company.
“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”- Japanese manufacturing company of stationery products.
“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”- One of the Leading Food Companies in Germany
“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”- Intuitive Surgical
“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”- Major Food Company in Japan
“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”- Ziering Medical
“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”- Major Manufacturer of Precision Machine Parts in India
“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”- Hewlett-Packard
“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”- Global Management Consulting Firm
“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”- UK-based Start-up in the Medical Devices Sector
“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”- One of the Largest Companies in the Defence Industry