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Specimen Retrieval Market Size, Share and Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2023 – 2032

  • Report ID: GMI3628

Specimen Retrieval Market size is likely to gain remarkable traction from 2023 to 2032 on account of the introduction of varied laparoscopic specimen bags with enhanced features, including high safety and superior strength, thus ensuring patient safety.
 

The rising awareness about the benefits of minimally invasive procedures over traditional open surgery, including faster recovery and reduced pain, may further amplify industry expansion in the years ahead. Tissue or endo retrieval bags refer to systems used to remove specimens during minimally invasive surgeries like laparoscopy. This system utilizes two support arms, which are attached to the introducer and shaft, to ensure bag opening and tissue capture during surgical procedures. Such sterile retrieval bags are suitable for the safe removal of organs, including the gallbladder, ovaries, and lymph nodes.
 

The growing incidence of ovarian cysts is one of the key trends characterizing the specimen retrieval market dynamics  by 2032. As per statistics from MedicineNet, nearly 7% of women worldwide develop a cyst in their ovaries at some point in their life, which could fuel the adoption of laparoscopic ovarian cyst removal surgery and consequently drive the market  demand. Factors such as these could stimulate industry size, given the significant usage of laparoscopic surgery for the removal of cancerous tumors.
 

The healthcare sector is dealing with the detrimental impacts of the global inflation, which has been taking a toll on every industry worldwide for the last two years. This has caused a steep rise in the costs associated with several medical equipment and healthcare services. This, in consequence, may limit patient footfall across healthcare facilities, thus hampering industry development trajectory. Furthermore, a noticeable decline in disposable incomes may cause people health-related expenditures, impeding market  outlook.
 

With regard to type, specimen retrieval market from the detachable segment is set to hold a considerable share of the specimen retrieval industry by 2032. The segmental progress can be credited to notable product attributes such as minimum contamination of the wound tract or abdominal cavity and easy-to-use, hence promoting efficiency and shortening procedure time.
 

Considering application, the gynecological surgeries segment is anticipated to record a commendable revenue by 2032. This is a result of the strong prevalence of fibroids among women in countries including the U.S., thus stimulating the need for specimen retrieval bags for use in uterine fibroid surgery.
 

On the regional front, the Europe specimen retrieval market is projected to depict a high growth rate through 2032, driven by the increasing number of patients with gastrointestinal diseases in the region. As per the National Health Service’s data, more than 1 in 10 adults has gallstones in the UK. Alongside this, the rising investment interest in healthcare infrastructure development projects and a significant increase in the aging population will contribute to the regional industry progression  over the  coming years.
 

The competitive landscape of the specimen retrieval industry comprises companies such as Purple Surgical, LaproSurge, GENICON, Applied Medical Resources, B. Braun, Medtronic, CooperSurgical, CONMED, Teleflex, and Johnson & Johnson, among others.
 

What Information does this report contain?

Historical data coverage: 2018 to 2022; Growth Projections: 2023 to 2032.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

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Our Market Research Reports Include:

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