$290 Million Specimen Retrieval Market by Bag Size, Type, Application, End-user and Region - Global Forecast to 2024 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 15, 2019--The “Specimen Retrieval Market by Bag Size (5, 10, 15, 25 mm), Type (Detachable, Non-detachable), Application (Gynecology, Urology, Gastrointestinal Surgery), End User (Hospitals, Ambulatory Surgical Centers, Nursing Home) - Global Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.
The specimen retrieval systems market is projected to reach USD 290 million by 2024 from USD 230 million in 2019, at a CAGR of 4.7% during the forecast period.
Growth in this market is mainly driven by the increasing prevalence of diseases requiring surgical treatment and the removal of specimens from the body, especially laparoscopic procedures. Emerging economies with growing healthcare expenditures are also expected to provide opportunities for the growth of the market.
Non-detachable specimen retrieval systems accounted for a significant share of the market in 2018
By type, the specimen retrieval systems market is segmented into detachable specimen retrieval systems and non-detachable specimen retrieval systems.
In 2018, the non-detachable specimen retrieval systems segment accounted for the largest market share. This segment is also expected to grow at the highest CAGR during the forecast period. This is mainly attributed to the high preference for these systems, as they can be used multiple times in a single procedure.
By introducer size, the 12-15 mm introducers segment held the largest share in the specimen retrieval systems market in 2018
On the basis of introducer size, the specimen retrieval systems market is segmented into 5/8 mm, 10 mm, 12/15 mm, and 25 mm introducer size.
In 2018, the 12/15 mm introducer size specimen retrieval systems segment accounted for the largest share of the specimen retrieval systems market. The large share of this segment can be attributed to the rising incidence of gastrointestinal and uterine cancer, gall bladder stones, and hernia.
North America dominated the specimen retrieval systems market in 2018
North America, which includes the US and Canada, accounted for the largest share of the specimen retrieval systems market. The large share of this market segment can be attributed to the increasing incidence and prevalence of cancer, hernia, and appendectomy and the availability of reimbursement for laparoscopic surgeries in the region.
1 Introduction 1.1 Objectives of the Study 1.2 Market Definition 1.3 Currency 1.4 Limitations 1.5 Stakeholders
2 Research Methodology 2.1 Secondary Data 2.2 Primary Data 2.3 Market Size Estimation 2.4 Market Breakdown and Data Triangulation 2.5 Assumptions for the Study
3 Executive Summary
4 Premium Insights 4.1 Specimen Retrieval Systems: Market Overview 4.2 North America: Specimen Retrieval Systems Market, By Type 4.3 Geographical Snapshot of the Specimen Retrieval Systems Market
5 Market Overview 5.1 Introduction 5.2 Market Dynamics 5.2.1 Drivers 18.104.22.168 Growing Demand for Minimally Invasive Surgery 22.214.171.124 Awareness Programs for Minimally Invasive Surgeries 5.2.2 Market Opportunities 126.96.36.199 Growth Potential of Emerging Economies 5.2.3 Market Challenge 188.8.131.52 Restricted Access to Systems in Emerging Countries
6 Specimen Retrieval Systems Market, By Type 6.1 Introduction 6.2 Non-Detachable Specimen Retrieval Systems 6.3 Detachable Specimen Retrieval Systems
7 Specimen Retrieval Systems Market, By Introducer Size 7.1 Introduction 7.2 5/8 mm Introducer Size 7.3 10 mm Introducer Size 7.4 12/15 mm Introducer Size 7.5 25 mm Introducer Size
8 Specimen Retrieval Systems Market, By Application 8.1 Introduction 8.2 Gastrointestinal Surgeries 8.3 Urological Surgeries 8.4 Gynecological Surgeries 8.5 Other Applications
9 Specimen Retrieval Systems Market, By End-user 9.1 Introduction 9.2 Hospitals 9.3 Other End-users
10 Specimen Retrieval Systems Market, By Region 10.1 Introduction 10.2 North America 10.3 Europe 10.4 Asia Pacific 10.5 Rest of World
11 Competitive Landscape 11.1 Overview 11.2 Market Ranking Analysis, 2017 11.3 Key Strategies 11.4 Competitive Leadership Mapping (2017)
12 Company Profiles 12.1 Medtronic 12.2 Johnson & Johnson Services Inc. 12.3 The Cooper Companies Inc. 12.4 Conmed Corporation. 12.5 B. Braun Melsungen AG 12.6 Teleflex Incorporated 12.7 Purple Surgical 12.8 Applied Medical Resources Corporation 12.9 Laprosurge 12.10 Genicon Inc.
For more information about this report visit https://www.researchandmarkets.com/research/j7pmg5/290_million?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190215005277/en/
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics:Medical Devices
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES MEDICAL SUPPLIES
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 02/15/2019 09:40 AM/DISC: 02/15/2019 09:40 AM