Specimen Retrieval Market
Specimen Retrieval Market Size, Share & Industry Analysis Report by Type (Detachable and Non-detachable), by Application (Gynecological Surgeries, Urological Surgeries, Gastrointestinal Surgeries, Cardiovascular Surgeries, and Others), and by End-User (Hospitals, Ambulatory Surgical Centers, and Others) and Forecast, 2019-2025 Update Available - Forecast 2024-2030
Specimen retrieval is broadly used in the laparoscopic surgeries to temporarily contain specimen and aids in the removal of it from the body of the patient. It is designed to provide safety to the patient and improve patient’s outcomes by minimizing the contamination of the abdominal cavity. The primary factors driving the specimen retrieval market include the increased awareness pertaining to the specimen retrieval systems for the treatment among the population. Rising prevalence of diseases such as cancer, which requires surgeries along with the increased number of laparoscopic procedures performed for the specimen removal from the human body, is contributing to the overall growth of the market. Additionally, the high cost of the specimen retrieval have put them beyond the reach of the users; this is negatively affecting the growth of the market. Nevertheless, the rising investments in medical researches and healthcare activities in emerging economies such as China, is offering growth opportunities for the specimen retrieval market. Furthermore, rising gastrointestinal surgeries, urological surgeries, gynecological surgeries, and cardiovascular and bariatric surgeries will increase the demand of these systems, which in turn, will further impel the specimen retrieval market growth during the forecast period.
Segmental Outlook
The global specimen retrieval market is sectioned on the basis of type, application, and end-user. On the basis of type, the specimen retrieval market is bifurcated into detachable and non-detachable specimen retrieval bags. On the basis of applications, the market is segmented into gynecological surgeries, urological surgeries, gastrointestinal surgeries, cardiovascular surgeries, and others. Based on end-user, the market is segmented as hospitals, ambulatory surgical centers, and others.
A non-detachable segment to register significant growth in the market
Among the type of specimen retrievals, the non-detachable segment is projected to exhibit a significant growth rate in the market during the forecast period. This is attributed to its advantage of being used multiple times during the same procedure. Additionally, the surge in the number of minimally invasive surgical procedures will substantially increase the adoption of non-detachable specimen retrieval bags in the near future. Rising prevalence of diseases such as appendicitis, gallstones, and others are expected to propel the demand for specimen retrieval in surgical procedures during the forecast period.
Hospital segment holds a considerable share in the market
Among end-users, the hospital segment holds a significant share in the specimen retrieval market due to the rising incidences of chronic diseases across the globe. Moreover, the accessibility to advanced technologies for performing surgical treatments in hospitals is anticipated to increase the overall market growth during the forecast period.
Global Specimen Retrieval Market by Type, 2018 (%)
Regional Outlook
On the basis of geographical viewpoint, the global specimen retrieval market is segmented as North America, Europe, Asia-Pacific, and Rest of the World. Asia-Pacific is expected to witness significant growth in the global specimen retrieval market during the forecast period. This is attributed to the presence of huge population, owing to which there is a large patient pool in the region. Moreover, an increase in disposable income has enhanced the healthcare infrastructural development in emerging countries, such as India and China, which in turn will propel the market growth in the near future.
Global Specimen Retrieval Market by Region, 2018 (%)
Market Players Outlook
The prominent players functioning in the global specimen retrieval market are Applied Medical Resources Corp., B. Braun Melsungen AG, CONMED Corp., GENICON, Inc., Johnson & Johnson Services, Inc., Medtronic PLC, and Teleflex Inc., among others. The companies are increasingly investing in product development and geographical expansion activities, in order to gain a strong position in the market. For instance, Medtronic PLC has introduced a next-generation specimen retrieval bag that brings strength, simplicity, and reliability to the operating room.
Recent Developments
In March 2018, GENICON, Inc. announced a group purchasing agreement with Premier Inc., a healthcare improvement company for the full range of Endomechanical products including SimplyStrong, GeniStrong Ezee Specimen Retrieval Solutions, among others. This new agreement will allow the Premier Inc. members to take the benefits of discounted prices, terms and value-added pre-negotiated Endomechanical products offered by the company.
In April 2018, GENICON Inc. entered into a distributive agreement with Greenpine Pharma, China to cater the customer need and distribute its entire range of products in the Chinese market.
In April 2018, B. Braun Melsungen AG opened five administration and production services to cater to the needs of medical devices customers in Malaysia. aims to produce medical devices for pharmaceutical solutions, infusion therapy and surgical instruments in these facilities.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global specimen retrieval market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Medtronic PLC
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. GENICON, Inc.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Johnson & Johnson Services, Inc.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. B. Braun Melsungen AG
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. CONMED Corp.
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Specimen Retrieval Market by Type
5.1.1. Detachable
5.1.2. Non-Detachable
5.2. Global Specimen Retrieval Market by Application
5.2.1. Gynecological Surgeries
5.2.2. Urological Surgeries
5.2.3. Gastrointestinal Surgeries
5.2.4. Cardiovascular Surgeries
5.2.5. Others (Bariatric Surgeries)
5.3. Global Specimen Retrieval Market by End-User
5.3.1. Hospitals
5.3.2. Ambulatory Surgical Centers
5.3.3. Others (Clinics)
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Agency for Medical Innovations, Inc.
7.2. Applied Medical Resources Corp.
7.3. B. Braun Melsungen AG
7.4. Betatech Medical
7.5. CONMED Corp.
7.6. DeRoyal Industries, Inc.
7.7. Fairmont Medical Products Pty. Ltd.
7.8. GENICON, Inc.
7.9. Hangzhou Kangji Medical Instrument Co., Ltd.
7.10. Johnson & Johnson Services, Inc.
7.11. LaproSurge Ltd.
7.12. Matrix Surgical Pty. Ltd.
7.13. Medtronic PLC
7.14. Polyzen, Inc.
7.15. Purple Surgical
7.16. Sunmedix Co, Ltd.
7.17. Teleflex Inc.
7.18. VHMED (Nantong) Co. Ltd.
7.19. Yangzhou Joy Medical Care Technology Co., Ltd.
7.20. Zhejiang Geyi Medical Instrument Co., Ltd.
1. GLOBAL SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
2. GLOBAL DETACHABLE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL NON-DETACHABLE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
5. GLOBAL GYNECOLOGICAL SURGERIES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL UROLOGICAL SURGERIES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL GASTROINTESTINAL SURGERIES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL CARDIOVASCULAR SURGERIES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
9. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
11. GLOBAL HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
12. GLOBAL AMBULATORY SURGICAL CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
13. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
14. GLOBAL SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
15. NORTH AMERICAN SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
16. NORTH AMERICAN SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
17. NORTH AMERICAN SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
18. NORTH AMERICAN SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
19. EUROPEAN SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
20. EUROPEAN SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
21. EUROPEAN SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
22. EUROPEAN SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
23. ASIA-PACIFIC SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
24. ASIA-PACIFIC SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
25. ASIA-PACIFIC SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
26. ASIA-PACIFIC SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
27. REST OF THE WORLD SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY TYPE, 2018-2025 ($ MILLION)
28. REST OF THE WORLD SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
29. REST OF THE WORLD SPECIMEN RETRIEVAL MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
1. GLOBAL SPECIMEN RETRIEVAL MARKET SHARE BY TYPE, 2018 VS 2025 (%)
2. GLOBAL SPECIMEN RETRIEVAL MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
3. GLOBAL SPECIMEN RETRIEVAL MARKET SHARE BY END-USER, 2018 VS 2025 (%)
4. GLOBAL SPECIMEN RETRIEVAL MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. US SPECIMEN RETRIEVAL MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA SPECIMEN RETRIEVAL MARKET SIZE, 2018-2025 ($ MILLION)
7. UK SPECIMEN RETRIEVAL MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE SPECIMEN RETRIEVAL MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY SPECIMEN RETRIEVAL MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY SPECIMEN RETRIEVAL MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN SPECIMEN RETRIEVAL MARKET SIZE, 2018-2025 ($ MILLION)
12. ROE SPECIMEN RETRIEVAL MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA SPECIMEN RETRIEVAL MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA SPECIMEN RETRIEVAL MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN SPECIMEN RETRIEVAL MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC SPECIMEN RETRIEVAL MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF THE WORLD SPECIMEN RETRIEVAL MARKET SIZE, 2018-2025 ($ MILLION)
