The global Specimen Retrieval Market research report 2028, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Specimen Retrieval market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
Specimen retrieval market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 337.72 million by 2028 and will grow at a CAGR of 4.75% in the above mentioned forecast period.
Top Companies in the Global Specimen Retrieval Market:
Applied Medical Resources Corporation, B. Braun Melsungen AG, CONMED Corporation, GENICON, Johnson & Johnson Services, Inc, LaproSurge, Medtronic, Purple Surgical, Teleflex Incorporated, The Cooper Companies Inc., Vernacare, Ethicon US, LLC., Zhejiang Geyi Medical Instrument Co.,Ltd, Tonglu Kanger Medical Instrument Co.,Ltd, Hangzhou Valued Medtech Co., Ltd, among others.
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Market Segmentation:
Specimen retrieval market is segmented on the basis of type, introducer size, application and end user. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
• Based on type, the specimen retrieval market is segmented into non-detachable specimen retrieval systems and detachable specimen retrieval systems.
• On the basis of introducer size, the specimen retrieval market is segmented into 5/8 mm introducer size, 10 mm introducer size, 12/15 mm introducer size and 25 mm introducer size.
• On the basis of application, the specimen retrieval market is segmented into gastrointestinal surgeries, cardiovascular surgeries, urological surgeries, gynecological surgeries and others.
• The end user segment of specimen retrieval market is segmented into hospitals, ambulatory surgical centers and others.
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Europe region leads the specimen retrieval market owing to the increasing prevalence of cardiac, gastrointestinal and various other diseases amongst people within the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the introduction of favorable healthcare policies and increasing cases of high blood pressure and obesity within this particular region.
The country section of the specimen retrieval market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Specimen retrieval is largely used in n laparoscopic surgical procedures to provisionally contain specimen and ease their removal from the patient's body. They are generally used in the invasive surgical procedures and designed to reduce the contamination of the abdominal cavity.
The rapid lifestyle changes such as unhealthy dietary habits and sedentary lifestyle is amongst the important factors intensifying the growth and demand of specimen retrieval market. In addition, the rising alcohol and tobacco consumption as well as stress is also contributing to the growth in the global market over the forecast period of 2021 to 2028. Also the rapid surge in the number of surgical procedures for eliminating specimens from the human body and rising awareness pertaining to specimen retrieval systems amongst the population are also enhancing the growth of the market. Furthermore, the increasing incidence of gastrointestinal diseases such as gallstones and appendicitis associated with technological advancements in gastrointestinal robotic surgery is also one of the significant factors fueling the growth of the specimen retrieval market.
The high adoption of specimen retrieval systems during these procedures will accelerate embolic protection devices as well as the increasing investments in medical research and healthcare activities will further accelerate the expansion of the specimen retrieval market and are also is offering significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the high price of specimen retrieval systems as well as limited access to system in emerging countries will curb the growth of the specimen retrieval market, whereas the limited reimbursements have the potential to challenge the growth of the specimen retrieval market.
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