The report is titled ‘Specimen Retrieval Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the specimen retrieval market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The specimen retrieval market is expected to grow at a significant rate in the near future.
The specimen retrieval market size was valued at US$ 239.4 Mn in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 5.2% from 2020 to 2028.
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Specimen Retrieval Introduction
A specimen retrieval system can be comprehended as a simple-to-use retrieval system that is particularly designed to tentatively reserve or retain specimens and further expedite its elimination from the patient’s body in the medical surgery of laparoscopy.
A specimen retrieval is created to cut off the impurity and contamination of the abdominal cavity. The specimen retrieval also assists in improving patient outcomes and providing improved patients’ safety. They are typically employed in the invasive surgical proceedings and intended to decrease the impurity of the abdominal cavity.
Specimen Retrieval Market Dynamics
One of the major factors that is driving the demand of the specimen retrieval system across the global market is the sluggish lifestyle and poor eating habits of the population, nowadays, which is majorly causing the contamination of the abdominal cavity. Owing to which, the global specimen retrieval market is expected to grow substantially in the near future.
In addition to that, the growing consumption of tobacco and alcohol as well as rising disorders like stress and anxiety among the population, particularly the youth, is further contributing to the increasing count of laparoscopy surgeries across the world. Attributing to which, the global specimen retrieval market is expected to observe major breakthroughs across the global markets over the forthcoming period.
Furthermore, the surging incidences of gastrointestinal ailments such as appendicitis and gallstones related with invariable technological innovations in gastrointestinal robotic surgery is another one of the considerable factors which is projected to positively fuel the market growth of specimen retrieval in the coming years.
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Specimen Retrieval Market Segmentation
The global specimen retrieval market is segmented on the basis of type, introducer size, application, end-user, and region.
By Type
- Detachable specimen retrieval systems
- Non-detachable specimen retrieval systems
By Introducer Size
- 5/8 mm
- 10 mm
- 12/15 mm
- 25 mm
By Application
- Gastrointestinal Surgeries
- Urological Surgeries
- Gynecological Surgeries
- Other Applications (cardiovascular and bariatric surgeries)
By End-User
- Hospitals
- Other End Users (ambulatory surgical centers and nursing homes)
By Region
- North America
- Latin America
- Europe
- Africa
- Middle East
- Asia Pacific
Specimen Retrieval Market Key Players
The key participating players of the global specimen retrieval market include Johnson & Johnson Services, Inc., Teleflex Incorporated, Applied Medical Resources Corporation, CONMED Corporation, Cooper Surgical, Inc., Genicon, B. Braun Melsungen AG, Laprosurge, Purple Surgical and Medtronic, among others.
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