Specimen Retrieval Market 2023, Industry Statistics, Emerging Demands, Forecast to 2030

June 8th, 2023 Coherent Market Insights Releases

Laparoscopic procedures for the removal of adnexal cysts and masses typically involve the use of a specimen retrieval bag. These devices were created so that surgeons may do minimally invasive surgeries while minimizing the risk of spreading infection throughout the patient's abdominal cavity. These tear-resistant high-quality bags are mainly made of nylon and is coated by polyurethane. The specimen retrieval bag has an open end, closed end, and longitudinal axis for the collection of biological materials. It is a single use surgical instrument.

A 4.8% CAGR is anticipated for the global specimen retrieval bag market, which was worth US$244.7 million in 2018. (2019-2027).

Get Exclusive Sample PDF Copy of the Report @ https://www.coherentmarketinsights.com/insight/request-sample/3022

Our Sample Report May Includes:

The market for specimen retrieval bags is predicted to expand as a result of an increase in mergers and partnerships among industry leaders.

The rising prevalence of agreement and collaborations strategies among market players is anticipated to be a major driver of growth in the specimen retrieval bag market. The NHS supply chain, for instance, awarded LaproSurge a 4-year framework agreement in March of 2017. The arrangement calls for the NHS supply chain to carry LaproSurge's minimally invasive surgery goods such 3mm laparoscopic instruments, retrieval bags, trocars, and scissors.

The expansion of the specimen retrieval bag market is anticipated to be supported by a rise in surgeries related to hernias. For example, almost 20 million people throughout the world need groin hernia repairs every year, according to a report published in February 2018 by the National Center for Biotechnology Information.

In addition, substantial healthcare spending on GI disease treatment is anticipated to drive market expansion throughout the projection period. For example, in 2015, the cost of treating abdominal hernias in the United States was estimated to be over US$ 6,762 Mn, as reported in an article published in Gastroenterology Journal, 2018. Colon cancer therapy cost the US$ 4,059 Mn in 2015, whereas the treatment of cancer of other gastrointestinal organs cost US$ 6,106 Mn according to the same source.

The expansion of the specimen retrieval bag market is anticipated to be driven by the efforts of key players to provide a wide variety of goods. For example, for a variety of laparoscopic procedures requiring a port size of 5 mm to 15 mm, LaproSurge provides both detachable and non-detachable specimen retrieval bags.

Direct Buy This Premium Research Report: https://www.coherentmarketinsights.com/insight/buy-now/3022

Key Players

Johnson & Johnson, Teleflex Incorporated, Cooper Surgical, Inc., GENICON. Inc., Medtronic, B. Braun Melsungen AG, Applied Medical Resources Corporation, LaproSurge, and Purple Surgical are all major competitors in the global specimen retrieval bag market.

Detailed Segmentation:

Specimen Retrieval Bag Market – Regional Analysis

As the incidence of cancers such as colon, pancreatic, and others continues to rise in North America, the region is poised to become the world's largest market for specimen retrieval bags in 2018. For example, the article in the 2018 issue of Gastroenterology Journal estimates that there were 139,773 new cases of colon cancer and 46,477 new cases of pancreatic cancer in the United States in 2014.

The market for specimen retrieval bags is also anticipated to expand significantly in Asia Pacific over the forecast period. As leading companies shift their attention to the region's emerging economies, the Asia-Pacific market is anticipated to grow rapidly over the forecast period. For example, LaproSurge increased its African visibility and distribution network by participating in the June 2017 Africa Health exhibition in South Africa.

Why Choose This Report:

→» A qualitative and quantitative market study based on segmentation that includes both economic and non-economic factors

→» Data on market value for each section and sub-segment

→» Indicates the region and market segment that is likely to expand the fastest and dominate the market.

→» The consumption of the product/service in each region is highlighted, as are the factors affecting the market within each region.

→» The competitive landscape includes the top players’ market rankings, as well as new service/product launches, collaborations, company expansions, and acquisitions made by the companies profiled in the last few years.

Request for Enquiry or Customization @ https://www.coherentmarketinsights.com/insight/request-customization/3022

Table of Contents with Major Points:

Executive Summary

Executive Summary

Market Overview

Key Insights

Qualitative Insights Impact of COVID-19 on Global Specimen Retrieval Bag Market

Conclusion

Appendix

TOC Continued…!

Explore More Report:

Nitinol medical devices market

Central fill pharmacy automation market

Bacterial and viral specimen collection market

Medical tubing market

Lab automation market

Hemodynamic monitoring systems market

Us central venous catheter market

Radial compression devices market

Medical devices reimbursement market

About Us:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

Contact:

Mr Shah

Coherent Market Insights

533 Airport Boulevard, Suite 400, Burlingame,CA 94010, United States.Email: [email protected] States of America: +1-206-701-6702United Kingdom: +44-020-8133-4027Japan: +050-5539-1737India: +91-848-285-0837

Sign up and submit a press release