Market Overview:
The Global Retrieval Bag Market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing number of surgical procedures, rising demand for minimally invasive surgeries, and technological advancements in retrieval bags. However, the high cost of advanced retrieval bags may restrain the market growth during the forecast period. Based on type, the global retrieval bag market is segmented into detachable and non-detachable bags. The detachable bag segment is expected to dominate the global retrieval bag market during the forecast period owing to its features such as easy removal and disposal of contents after use. Based on application, hospitals are estimated to account for a major share of the global retrieval bag market in 2018 followed by ambulatory surgical centers (ASCs) and nursing homes.
Product Definition:
A retrieval bag is a container used to store or transport items. The importance of a retrieval bag is that it can keep items organized and accessible.
Detachable:
Detachable is a technology that enables the separation of a container from its contents during transit. The most common application of detachable packaging is in the food and beverage industry, where it's used for primary and secondary packaging. In case of primary packaging, detachable packs are usually used to deliver products such as fresh produce, bakery items or meat & seafood which requires proper handling procedures at each stage of distribution.
Non-detachable:
Non-detachable is a type of retrieval bag used in the packaging industry. It is designed to be opened and closed by using only one hand, without the use of any tools or fasteners. The non-detachable bags are usually manufactured from high strength polyester fabric with a coated lining on all four sides, making it water resistant.
Application Insights:
The market is segmented by application into hospitals, ambulatory surgical centers, and others. The hospital segment dominated the market in 2017 owing to increasing number of retrievals at hospitals. Retrieval bags are used for various purposes such as post-operative patient monitoring and collection and transportation of blood samples.
Hospitals are anticipated to continue leading the market throughout the forecast period due to rising prevalence of chronic diseases such as cancer which necessitates frequent medical checkups and more number of surgeries over a period resulting in increased use of retrieval bags at these healthcare facilities. Furthermore, an increase in hospital admissions due to COVID-19 pandemic is expected to drive demand for retrieval bags over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare spending in this region. The U.S. is expected to be a key revenue generator for North America regional market over the forecast period due to its advanced medical technology and favorable reimbursement policies & regulatory reforms by government agencies such as CMS (Centers for Medicare & Medicaid Services) and FDA (Food and Drug Administration).
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising disposable income, improving economic conditions, increasing health awareness among people coupled with rapidly developing healthcare infrastructure especially in India and China are some of the major factors driving regional growth. In addition, growing demand for minimally invasive surgeries along with supportive government initiatives aimed at reducing mortality rate due to various causes including cardiovascular diseases are expected fuel industry expansion over next eight years time frame.
Growth Factors:
- Increasing demand for safe and secure storage of goods and valuables
- Growing e-commerce industry
- Rising number of thefts and burglaries
- Proliferation of organized crime syndicates
- Technological advancements in security systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Retrieval Bag Market Research Report
By Type
Detachable, Non-detachable
By Application
Hospitals, Ambulatory Surgical Centers, Nursing Home
By Companies
Johnson & Johnson, Teleflex Incorporated, Applied Medical Resources Corporation, CONMED Corporation, Cooper Surgical, Genicon, B. Braun Melsungen, Laprosurge, Purple Surgical, Medtronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Retrieval Bag Market Report Segments:
The global Retrieval Bag market is segmented on the basis of:
Types
Detachable, Non-detachable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgical Centers, Nursing Home
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Johnson & Johnson
- Teleflex Incorporated
- Applied Medical Resources Corporation
- CONMED Corporation
- Cooper Surgical
- Genicon
- B. Braun Melsungen
- Laprosurge
- Purple Surgical
- Medtronic
Highlights of The Retrieval Bag Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Detachable
- Non-detachable
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Nursing Home
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Retrieval Bag Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A retrieval bag is a small, sturdy bag that is used to store items that are retrieved from an environment. These bags can be made from a variety of materials, including cloth, plastic, or metal. They are often equipped with straps or handles so that they can be easily carried and transported.
Some of the major players in the retrieval bag market are Johnson & Johnson, Teleflex Incorporated, Applied Medical Resources Corporation, CONMED Corporation, Cooper Surgical, Genicon, B. Braun Melsungen, Laprosurge, Purple Surgical, Medtronic.
The retrieval bag market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Retrieval Bag Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Retrieval Bag Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Retrieval Bag Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Retrieval Bag Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Retrieval Bag Market Size & Forecast, 2020-2028
4.5.1 Retrieval Bag Market Size and Y-o-Y Growth
4.5.2 Retrieval Bag Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Detachable
5.2.2 Non-detachable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Nursing Home
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Retrieval Bag Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Retrieval Bag Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Detachable
9.6.2 Non-detachable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers
9.10.3 Nursing Home
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Detachable
10.6.2 Non-detachable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers
10.10.3 Nursing Home
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Detachable
11.6.2 Non-detachable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers
11.10.3 Nursing Home
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Detachable
12.6.2 Non-detachable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers
12.10.3 Nursing Home
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Detachable
13.6.2 Non-detachable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers
13.10.3 Nursing Home
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Retrieval Bag Market: Competitive Dashboard
14.2 Global Retrieval Bag Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson & Johnson
14.3.2 Teleflex Incorporated
14.3.3 Applied Medical Resources Corporation
14.3.4 CONMED Corporation
14.3.5 Cooper Surgical
14.3.6 Genicon
14.3.7 B. Braun Melsungen
14.3.8 Laprosurge
14.3.9 Purple Surgical
14.3.10 Medtronic
