Healthcare and Medical

The Global Specimen Retrieval Bag Market Growth Accelerated By Increased Patient Volume

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The Global Specimen Retrieval Bag Market Growth Accelerated By Increased Patient Volume

Specimen Retrieval Bag are sterile surgical bags meant to handle biopsied specimens, morbid tissue, or foreign bodies extracted through minimally invasive procedures. They protect clinicians and laboratory staff from possible contamination while allowing easy transport of specimens for pathology examination.

The global Specimen Retrieval Bag Market is estimated to be valued at US$ 308.36 Mn in 2023 and is expected to exhibit a CAGR of 4.0% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

Increased patient volume is expected to drive growth of the specimen retrieval bag market over the forecast period. Rising geriatric population, increasing prevalence of cancer and other chronic diseases has augmented the need for minimally invasive surgeries. According to the National Cancer Institute, the total number of cancer cases in the U.S. is expected to rise to 2.3 million new cases in 2023 from 1.9 million new cases in 2022. Increased surgical procedures will correspondingly upsurge the demand for specimen retrieval bags for safe disposal of extracted tissue and foreign bodies during operations.

Segment Analysis

The Global Specimen Retrieval Bag Market is dominated by the specimen retrieval bags with seal integrated bags sub segment. This sub segment accounts for over 60% of the market share owing to its convenience and single step sealing mechanism that avoids any risk of contamination during the process of sealing pouches after specimen collection. It provides one-step sealing after tissue retrieval eliminating multiple steps of separately tying pouch after tissue retrieval.

Key Takeaways

The global Specimen Retrieval Bag Market Share is expected to witness high growth over the forecast period of 2023 to 2030. The market is projected to grow at a CAGR of 4%.

Regional analysis: North America is presently the dominant region in the global Specimen Retrieval Bag market. It accounts for around 35% of the market share. This is attributable to new surgical procedures being adopted and growing volume of laparoscopic procedures being performed in this region. Asia Pacific region is expected to the fastest growing market owing to increasing healthcare investment, rising disposable incomes and growing medical tourism in countries like India and China.

Key players: Key players operating in the Specimen Retrieval Bag market are Johnson & Johnson Services, Inc., Teleflex Incorporated, Cooper Surgical, Inc., Genicon, Medtronic, B. Braun SE. Johnson & Johnson Services, Inc. holds over 20% market share owing to its wide product portfolio and brand popularity. Teleflex Incorporated specializes in single incision hernia repair procedure kits and retrieval pouches.

For more details on the report, Read- https://www.marketwebjournal.com/increasing-number-of-surgical-procedures-trend

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Specimen retrieval bag for a variety of laparoscopic procedures

Ben Wood 2022-04-27

From the Mini bag launched through a 5mm port to the Extra Large bag deployed through a 15mm port, the Endo Pouch automatic retrieval bags are available in four sizes to cover specimen retrieval across a wide range of laparoscopic operations. Depending on the user's taste and application, the Endo Pouch is available in detachable and non-detachable versions, as well as with memory wire. The entire collection is made of polyurethane for a long-lasting, tear-resistant specimen retrieval bag. Quick and easy specimen retrieval with this user-friendly deployment equipment. cmi/specimen-retrieval-bag-is-useful-for-removing-adnexal-masses-or-cysts-without-spilling-their-aa5c1aa03e43Click here for Specimen Retrieval Bag Market Report:https://www.

Specimen Retrieval Bag Market is driven by rising prevalence of colorectal, abdominal and gynecological cancer

Purvaja 2023-12-22

These bags allow the transfer of tissue to pathology for examination while minimizing direct contact and maintaining specimen integrity. The global specimen retrieval bag market is estimated to be valued at US$ 308. Similarly, cancers of the abdomen and gynecological organs often warrant tissue excision and necessitate protective specimen bags. Porter’s Analysis Threat of new entrants: The demand for medical cannabis and legalization of cannabis in many countries is attracting many new players leading to moderate threat of new entrants. Threat of new substitutes: There is low threat of substitution as specimen retrieval bags are specialized products meeting stringent quality and regulatory norms required in healthcare facilities.

Specimen Retrieval Bag Market Is Estimated To Witness High Growth Owing To Increased Demand For Minimally Invasive Surgeries

Poonam 2023-12-19

The growing preference for minimally invasive procedures over traditional open surgeries has boosted the adoption rate of specimen retrieval bags across hospitals and clinics. The global Specimen Retrieval Bag Market is estimated to be valued at US$ 308. As awareness grows regarding quality of life benefits of minimally invasive options, the specimen retrieval bag market is expected to witness robust opportunities for growth. Key Takeaways The global Specimen Retrieval Bag Market Growth is expected to witness high growth over the forecast period driven by increasing surgical procedures globally. The global Specimen Retrieval Bag Market is estimated to be valued at US$ 308. Key players operating in the specimen retrieval bag market are Johnson & Johnson Services, Inc.

Global Specimen Retrieval Bag Market Is Estimated To Witness High Growth Owing To Advances in Medical Technology and Increasing Number of Surgical Procedures

Cmitejashree 2023-08-22

The global Specimen Retrieval Bag Market is estimated to be valued at US$ 296. The market for specimen retrieval bags is driven by the increasing adoption of minimally invasive surgeries, advancements in medical technology, and the growing number of surgical procedures worldwide. Moreover, technological advancements in the design and materials used in specimen retrieval bags have improved their functionality and ease of use in Specimen Retrieval Bag Market Growth. D) Key Takeaways:- The global specimen retrieval bag market is expected to witness high growth, exhibiting a CAGR of 4. - Key players operating in the global specimen retrieval bag market include Johnson & Johnson Services, Inc.

Global Specimen Retrieval Bag Market Manufacturers Analysis Report 2020-2026

Amar Bhandari 2020-02-13

The Global Specimen Retrieval Bag Market Report is prepared to club all the essential market details such as market size, share, value, growth, restraints, challenges, and opportunities during the study period of 2020-2026.

The data presented in this report has been gathered on the basis of historical data, primary interviews and expert's estimation of future trends.

The report also covers regional assessment which has been conducted globally.

The detailed content of the market study ensures intellectual insights given a better understanding of the untapped opportunities in the market.Specimen Retrieval Bags are used during laparoscopic surgery and it is designed to temporarily contain specimen and facilitate its removal from the patient.Access Full Report with Table of Contents @ https://www.decisiondatabases.com/ip/13237-specimen-retrieval-bag-industry-market-reportThe following manufacturers are covered in this report:Johnson & JohnsonTeleflex IncorporatedApplied Medical Resources CorporationCONMED CorporationCooper SurgicalGeniconB.

Braun MelsungenLaprosurgePurple SurgicalMedtronicSpecimen Retrieval Bag Breakdown Data by TypeDetachableNon-detachableSpecimen Retrieval Bag Breakdown Data by ApplicationHospitalsAmbulatory Surgical CentersNursing HomeRegional and Country-level AnalysisThe report offers an exhaustive geographical analysis of the global Specimen Retrieval Bag market, covering important regions, viz, North America, Europe, China and Japan.

It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.Competition AnalysisIn the competitive analysis section of the report, leading as well as prominent players of the global Specimen Retrieval Bag market are broadly studied on the basis of key factors.

Specimen Retrieval Bag Market: Growing Demand for Minimally Invasive Surgeries Drives Market Growth

Sneha 2023-11-02

The global specimen retrieval bag market is estimated to be valued at US$ 296. The increasing adoption of minimally invasive procedures, such as laparoscopy and robotic-assisted surgeries, is driving the demand for specimen retrieval bags. Porter’s Analysis· Threat of new entrants: The threat of new entrants in the specimen retrieval bag market is low to moderate. In terms of regional analysis, North America is anticipated to be the fastest growing and dominating region in the specimen retrieval bag market. Overall, the specimen retrieval bag market is poised for substantial growth in the coming years, driven by the increasing demand for minimally invasive surgeries and advancements in healthcare technologies.

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