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Premium Report Details
Base Year: 2023
Companies covered: 10
Tables & Figures: 257
Countries covered: 22
Pages: 110
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Laparoscopic Retrieval Bag Market
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Laparoscopic Retrieval Bag Market Size
Laparoscopic Retrieval Bag Market size was valued at around USD 230.6 million in 2023 and is anticipated to register a CAGR of over 5.2% between 2024 and 2032. This robust market growth can be attributed to various factors, including continuous advancements in surgical techniques, an increasing prevalence of chronic diseases, a rising demand for minimally invasive procedures, and the continual growth of healthcare expenditure.
Laparoscopic retrieval bag is a medical device used during laparoscopic or minimally invasive surgical procedures to retrieve and remove tissue specimens, organs, or foreign bodies from the body cavity without contaminating the surgical site or causing trauma to surrounding tissues.
The increasing prevalence of chronic diseases and health problems, including obesity, gastrointestinal disorders, urological diseases, and certain types of cancer requires surgical procedures for diagnosis, treatment, and management. Laparoscopic surgery offers less invasive alternatives to standard open operations for many of these diseases, resulting in greater demand for laparoscopic instruments and accessories such as retrieval bags. According to the World Gastroenterology Organisation, approximately 49% of females and 36.6% of men attained diagnosis for at least one functional gastrointestinal disorder.
Furthermore, rising healthcare expenditures, along with increasing procedure volumes worldwide, drives the growth of the laparoscopic retrieval bag market. Investments in healthcare infrastructure, technical improvements, and surgical training and education programs increase access to laparoscopic operations while boosting demand for laparoscopic tools and accessories, such as retrieval bags, thereby contributing to the growth of the market.