Market Overview:
The Global Specimen Retrieval Systems Market is expected to grow at a CAGR of 6.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for minimally invasive surgeries and rising prevalence of cancer. In addition, growing awareness about early diagnosis and treatment is also propelling the market growth. However, high cost associated with specimen retrieval systems is restraining the market growth to some extent. Based on type, the global specimen retrieval systems market can be segmented into detachable and non-detachable systems. The detachable system segment dominated the global market in 2016 owing to its features such as easy handling and disposal of specimens post-surgery.
Product Definition:
Specimen retrieval systems are devices or methods used to collect and store biological specimens. The importance of specimen retrieval systems is that they allow for the collection and storage of specimens in a manner that is safe, efficient, and organized.
Global Specimen Retrieval Systems Market Size Growth Rate : 2016 VS 2021 VS 2027:
Global specimen retrieval systems market was estimated at USD 1.1 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The rising number of surgical procedures globally, increasing prevalence of chronic diseases, and growing geriatric population are some major factors driving the growth of this industry during the forecast period 2016-2021.
Detachable:
A detachable device is a medical device that can be safely removed from the patient's body during surgery. It is used to retrieve tissues, fluids, and foreign objects from within the human body. The most common use of a detachable device is in laparoscopy for removing abdominal organs or performing other internal surgeries.
The global Detachable and it's usage in specimen retrieval systems market size was valued at USD 661.5 million in 2018.
Application Insights:
The gastrointestinal surgery segment dominated the global specimen retrieval systems market in terms of revenue in 2016. This can be attributed to a high number of endoscopic procedures that require biopsy for accurate diagnosis. In addition, increasing demand for minimally invasive surgeries is further expected to contribute to the growth of this segment over the forecast period.
The gynecology segment is anticipated to witness significant growth over the forecast period owing to an increase in female reproductive organ disorders and rising awareness about these disorders among consumers across various regions. For instance, according with data published by WHO-UNFPA joint project on family planning and population studies from 2010-2015 shows that around 1,223 million women aged 15-49 years are using any form of contraception worldwide which amounts to around 54% of all women capable who have ever conceived or wanted children.
Regional Analysis:
North America dominated the global market in 2018. The presence of well-established healthcare facilities and highly developed healthcare infrastructure are some factors responsible for its large share. Moreover, increasing government initiatives to promote specimen collection and transportation systems is also expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rapid economic development coupled with improving healthcare services in emerging countries such as China, India, Singapore and Thailand.
Growth Factors:
- Increasing demand for precision medicine and personalized healthcare is expected to drive the growth of the specimen retrieval systems market.
- The increasing number of cancer patients is also anticipated to fuel the demand for specimen retrieval systems in the near future.
- Rising awareness about early diagnosis and treatment of diseases is also projected to boost the growth of this market in forthcoming years.
- Technological advancements in specimen retrieval systems are likely to create new opportunities for players operating in this market during the forecast period.
- Growing investments by key players towards research and development activities are expected to propel the growth of this market over next few years
Scope Of The Report
Report Attributes
Report Details
Report Title
Specimen Retrieval Systems Market Research Report
By Type
Global Specimen Retrieval Systems Market Size Growth Rate : 2016 VS 2021 VS 2027, Detachable, Non-detachable
By Application
Global Specimen Retrieval Systems Market Share : 2016 VS 2021 VS 2027, Gynecology, Urology, Gastrointestinal Surgery
By Companies
Johnson & Johnson Services, Inc., Teleflex Incorporated, Applied Medical Resources Corporation, CONMED Corporation, Cooper Surgical, Inc., Genicon, B. Braun Melsungen AG, 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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Specimen Retrieval Systems Market Report Segments:
The global Specimen Retrieval Systems market is segmented on the basis of:
Types
Global Specimen Retrieval Systems Market Size Growth Rate : 2016 VS 2021 VS 2027, 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
Global Specimen Retrieval Systems Market Share : 2016 VS 2021 VS 2027, Gynecology, Urology, Gastrointestinal Surgery
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 Services, Inc.
- Teleflex Incorporated
- Applied Medical Resources Corporation
- CONMED Corporation
- Cooper Surgical, Inc.
- Genicon
- B. Braun Melsungen AG
- Laprosurge
- Purple Surgical
- Medtronic
Highlights of The Specimen Retrieval Systems 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:
- Global Specimen Retrieval Systems Market Size Growth Rate : 2016 VS 2021 VS 2027
- Detachable
- Non-detachable
- By Application:
- Global Specimen Retrieval Systems Market Share : 2016 VS 2021 VS 2027
- Gynecology
- Urology
- Gastrointestinal Surgery
- 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 Specimen Retrieval Systems 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.
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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?
Specimen retrieval systems are a type of medical equipment used to collect and transport biological specimens from patients. These systems typically include a collection container, a transport mechanism, and an interface for receiving specimen samples.
Some of the major players in the specimen retrieval systems market are Johnson & Johnson Services, Inc., Teleflex Incorporated, Applied Medical Resources Corporation, CONMED Corporation, Cooper Surgical, Inc., Genicon, B. Braun Melsungen AG, Laprosurge, Purple Surgical, Medtronic.
The specimen retrieval systems market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Specimen Retrieval Systems 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 Specimen Retrieval Systems Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Specimen Retrieval Systems 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 Specimen Retrieval Systems 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 Specimen Retrieval Systems Market Size & Forecast, 2018-2028 4.5.1 Specimen Retrieval Systems Market Size and Y-o-Y Growth 4.5.2 Specimen Retrieval Systems Market Absolute $ Opportunity
Chapter 5 Global Specimen Retrieval Systems 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 Specimen Retrieval Systems Market Size Forecast by Type
5.2.1 Global Specimen Retrieval Systems Market Size Growth Rate : 2016 VS 2021 VS 2027
5.2.2 Detachable
5.2.3 Non-detachable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Specimen Retrieval Systems 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 Specimen Retrieval Systems Market Size Forecast by Applications
6.2.1 Global Specimen Retrieval Systems Market Share : 2016 VS 2021 VS 2027
6.2.2 Gynecology
6.2.3 Urology
6.2.4 Gastrointestinal Surgery
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Specimen Retrieval Systems 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 Specimen Retrieval Systems 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 Specimen Retrieval Systems Analysis and Forecast
9.1 Introduction
9.2 North America Specimen Retrieval Systems 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 Specimen Retrieval Systems Market Size Forecast by Type
9.6.1 Global Specimen Retrieval Systems Market Size Growth Rate : 2016 VS 2021 VS 2027
9.6.2 Detachable
9.6.3 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 Specimen Retrieval Systems Market Size Forecast by Applications
9.10.1 Global Specimen Retrieval Systems Market Share : 2016 VS 2021 VS 2027
9.10.2 Gynecology
9.10.3 Urology
9.10.4 Gastrointestinal Surgery
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 Specimen Retrieval Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Specimen Retrieval Systems 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 Specimen Retrieval Systems Market Size Forecast by Type
10.6.1 Global Specimen Retrieval Systems Market Size Growth Rate : 2016 VS 2021 VS 2027
10.6.2 Detachable
10.6.3 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 Specimen Retrieval Systems Market Size Forecast by Applications
10.10.1 Global Specimen Retrieval Systems Market Share : 2016 VS 2021 VS 2027
10.10.2 Gynecology
10.10.3 Urology
10.10.4 Gastrointestinal Surgery
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 Specimen Retrieval Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Specimen Retrieval Systems 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 Specimen Retrieval Systems Market Size Forecast by Type
11.6.1 Global Specimen Retrieval Systems Market Size Growth Rate : 2016 VS 2021 VS 2027
11.6.2 Detachable
11.6.3 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 Specimen Retrieval Systems Market Size Forecast by Applications
11.10.1 Global Specimen Retrieval Systems Market Share : 2016 VS 2021 VS 2027
11.10.2 Gynecology
11.10.3 Urology
11.10.4 Gastrointestinal Surgery
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 Specimen Retrieval Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Specimen Retrieval Systems 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 Specimen Retrieval Systems Market Size Forecast by Type
12.6.1 Global Specimen Retrieval Systems Market Size Growth Rate : 2016 VS 2021 VS 2027
12.6.2 Detachable
12.6.3 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 Specimen Retrieval Systems Market Size Forecast by Applications
12.10.1 Global Specimen Retrieval Systems Market Share : 2016 VS 2021 VS 2027
12.10.2 Gynecology
12.10.3 Urology
12.10.4 Gastrointestinal Surgery
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) Specimen Retrieval Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Specimen Retrieval Systems 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) Specimen Retrieval Systems Market Size Forecast by Type
13.6.1 Global Specimen Retrieval Systems Market Size Growth Rate : 2016 VS 2021 VS 2027
13.6.2 Detachable
13.6.3 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) Specimen Retrieval Systems Market Size Forecast by Applications
13.10.1 Global Specimen Retrieval Systems Market Share : 2016 VS 2021 VS 2027
13.10.2 Gynecology
13.10.3 Urology
13.10.4 Gastrointestinal Surgery
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 Specimen Retrieval Systems Market: Competitive Dashboard
14.2 Global Specimen Retrieval Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson & Johnson Services, Inc.
14.3.2 Teleflex Incorporated
14.3.3 Applied Medical Resources Corporation
14.3.4 CONMED Corporation
14.3.5 Cooper Surgical, Inc.
14.3.6 Genicon
14.3.7 B. Braun Melsungen AG
14.3.8 Laprosurge
14.3.9 Purple Surgical
14.3.10 Medtronic