Specimen Retrieval Market by Bag Size (5, 10, 15, 25 mm), Type (Detachable, Non-detachable), Application (Gynecology, Urology, Gastrointestinal Surgery), End User (Hospitals, Ambulatory Surgical Centers, Nursing Home) - Global Forecast to 2024

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Date: 08-Feb-2019
No. of pages: 117
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“Specimen retrieval systems market to register a CAGR of 4.7% from 2019 to 2024.”

The specimen retrieval systems market is projected to reach USD 290 million by 2024 from USD 230 million in 2019, at a CAGR of 4.7%during the forecast period. Growth in this market is mainly driven by the increasing prevalence of diseases requiring surgical treatment and the removal of specimens from the body, especially laparoscopic procedures. Emerging economies with growing healthcare expenditures are also expected to provide opportunities for the growth of the market.

“Non-detachable specimen retrieval systems accounted for a significant share of the market in 2018.”

By type, the specimen retrieval systems market is segmented into detachable specimen retrieval systems and non-detachable specimen retrieval systems. In 2018, the non-detachable specimen retrieval systems segment accounted for the largest market share. This segment is also expected to grow at the highest CAGR during the forecast period. This is mainly attributed to the high preference for these systems, as they can be used multiple times in a single procedure.

“By introducer size, the 12-15 mm introducers segment held the largest share in the specimen retrieval systems market in 2018.”

On the basis of introducer size, the specimen retrieval systems market is segmented into 5/8 mm, 10 mm, 12/15 mm, and 25 mm introducer size. In 2018, the 12/15 mm introducer size specimen retrieval systems segment accounted for the largest share of the specimen retrieval systems market. The large share of this segment can be attributed to the rising incidence of gastrointestinal and uterine cancer, gall bladder stones, and hernia.

“North America dominated the specimen retrieval systems market in 2018.”

North America, which includes the US and Canada, accounted for the largest share of the specimen retrieval systems market. The large share of this market segment can be attributed to the increasing incidence and prevalence of cancer, hernia, and appendectomy and the availability of reimbursement for laparoscopic surgeries in the region.

Breakdown of supply-side primary interviews, by company type, designation, and region:


  • By Company Type: Tier 1 (20%), Tier 2 (45%), and Tier 3 (35%)

  • By Designation: C-level (30%), Director-level (20%), and Others (50%)

  • By Region: North America (35%), Europe (24%), Asia Pacific (25%), and RoW (16%)


Research Coverage

This report studies the specimen retrieval systems market based on type, introducer size, application, end user, and regions. The report also analyzes factors (such as drivers, opportunities, and challenges) affecting market growth. It evaluates opportunities and challenges in the market for stakeholders and provides details of the competitive landscape for market leaders. The report also studies micro markets with respect to their growth trends, prospects, and contributions to the total specimen retrieval systems market. The report forecasts the revenue of the market segments with respect to four major regions.

Reasons to Buy the Report:

The report provides insights on the following pointers:


  • Market Penetration: Comprehensive information on the specimen retrieval systems offered by the top 10 players in the specimen retrieval systems market. The report analyzes the market by type, introducer size, end user, application, and region

  • Market Development: Comprehensive information about the lucrative emerging markets. The report analyzes the markets for various specimen retrieval systems across key geographic regions

  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the specimen retrieval systems market

  • Competitive Assessment: In-depth assessment of market shares and strategies of the leading players in the specimen retrieval systems market

Specimen Retrieval Market by Bag Size (5, 10, 15, 25 mm), Type (Detachable, Non-detachable), Application (Gynecology, Urology, Gastrointestinal Surgery), End User (Hospitals, Ambulatory Surgical Centers, Nursing Home) - Global Forecast to 2024

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Markets Covered
1.2.2 Years Considered for the Study
1.3 Currency
1.4 Limitations
1.5 Stakeholders

2 Research Methodology
2.1 Secondary Data
2.1.1 Key Data From Secondary Sources
2.2 Primary Data
2.2.1 Key Data From Primary Sources
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown and Data Triangulation
2.5 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Specimen Retrieval Systems: Market Overview
4.2 North America: Specimen Retrieval Systems Market, By Type
4.3 Geographical Snapshot of the Specimen Retrieval Systems Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Demand for Minimally Invasive Surgery
5.2.1.2 Awareness Programs for Minimally Invasive Surgeries
5.2.2 Market Opportunities
5.2.2.1 Growth Potential of Emerging Economies
5.2.3 Market Challenge
5.2.3.1 Restricted Access to Systems in Emerging Countries

6 Specimen Retrieval Systems Market, By Type
6.1 Introduction
6.2 Non-Detachable Specimen Retrieval Systems
6.2.1 Non-Detachable Specimen Retrieval Systems to Dominate the Market During the Forecast Period
6.3 Detachable Specimen Retrieval Systems
6.3.1 The Preference for Non-Detachable Specimen Retrieval Systems is Lower Majorly Due to the Fact That These Systems Do Not Have an Introducer Attached to Them

7 Specimen Retrieval Systems Market, By Introducer Size
7.1 Introduction
7.2 5/8 mm Introducer Size
7.2.1 Systems With an Introducer Size of 5/8 mm are Used in Surgeries That Can Be Performed By Making Smaller Incisions
7.3 10 mm Introducer Size
7.3.1 B. Braun Melsungen Ag, Ethicon, and Covidien are Some of the Major Players Offering 10 mm Introducer Size Specimen Retrieval Systems
7.4 12/15 mm Introducer Size
7.4.1 12/15 mm Introducer Size Specimen Retrieval Systems Segment to Dominate the Market During the Forecast Period
7.5 25 mm Introducer Size
7.5.1 Systems With an Introducer Size of 25 mm are Used in Procedures That Require Larger Incisions

8 Specimen Retrieval Systems Market, By Application
8.1 Introduction
8.2 Gastrointestinal Surgeries
8.2.1 Increasing Incidence of Colon/Gastrointestinal Cancer, Inguinal Hernia, and Gall Bladder Stones—A Major Factor Driving Market Growth
8.3 Urological Surgeries
8.3.1 Technological Advancements Like Laparoscopic Nephrectomy and Robotic-Assisted Techniques in Urologic Surgeries to Drive Growth in This Segment
8.4 Gynecological Surgeries
8.4.1 Increasing Prevalence of Ovarian and Cervical Cancer—A Major Factor Driving Growth in the Market for Gynecological Surgeries
8.5 Other Applications

9 Specimen Retrieval Systems Market, By End User
9.1 Introduction
9.2 Hospitals
9.2.1 Increasing Incidence of Cancer has Driven the Number of Hospital Visits
9.3 Other End Users
9.3.1 Rising Number of Ambulatory Surgical Centers Will Support Market Growth

10 Specimen Retrieval Systems Market, By Region
10.1 Introduction
10.2 North America
10.2.1 US
10.2.1.1 Rising Incidence of Chronic Diseases and High Inpatient Visits Driving the Growth of the US Specimen Retrieval Systems Market
10.2.2 Canada
10.2.2.1 Market in Canada Driven By the Increasing Incidence of Obesity and Large Number of Laparoscopic Surgeries Performed
10.3 Europe
10.3.1 UK
10.3.1.1 Number of Cholecystectomy Procedures Performed in the UK Expected to Rise in the Coming Years
10.3.2 Germany
10.3.2.1 High Incidence of Hysterectomy and Inguinal Hernia Surgical Procedures Likely to Drive Market Growth
10.3.3 France
10.3.3.1 Increasing Colorectal and Gastrointestinal Cancer Prevalence Will Drive the Specimen Retrieval Systems Market
10.3.4 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.1.1 High Disposable Income and Rising Geriatric Population are Growth Factors for the Market in China
10.4.2 India
10.4.2.1 Significant Rise in Obesity Prevalence in India Expected in the Coming Years
10.4.3 Japan
10.4.3.1 Increase in Geriatric Population Will Boost Total Laparoscopic Procedures Conducted in Japan
10.4.4 Rest of Asia Pacific
10.5 Rest of World

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking Analysis, 2017
11.3 Key Strategies
11.3.1 Acquisitions, 2015–2018
11.3.2 Expansions, 2015–2018
11.3.3 Agreements and Collaborations, 2015–2018
11.4 Competitive Leadership Mapping (2017)
11.4.1 Visionary Leaders
11.4.2 Innovators
11.4.3 Dynamic Differentiators
11.4.4 Emerging Companies

12 Company Profiles
12.1 Medtronic
12.1.1 Business Overview
12.1.2 Products Offered
12.1.3 Recent Developments
12.1.4 MnM View
12.2 Johnson & Johnson Services, Inc.
12.2.1 Business Overview
12.2.2 Products Offered
12.2.3 Recent Developments
12.2.4 MnM View
12.3 The Cooper Companies, Inc.
12.3.1 Business Overview
12.3.2 Products Offered
12.3.3 MnM View
12.4 Conmed Corporation.
12.4.1 Business Overview
12.4.2 Products Offered
12.4.3 Recent Developments
12.4.4 MnM View
12.5 B. Braun Melsungen AG
12.5.1 Business Overview
12.5.2 Products Offered
12.5.3 Recent Developments
12.5.4 MnM View
12.6 Teleflex Incorporated
12.6.1 Business Overview
12.6.2 Products Offered
12.6.3 Recent Developments
12.6.4 MnM View
12.7 Purple Surgical
12.7.1 Business Overview
12.7.2 Products Offered
12.7.3 Recent Developments
12.7.4 MnM View
12.8 Applied Medical Resources Corporation
12.8.1 Business Overview
12.8.2 Products Offered
12.8.3 Recent Development
12.8.4 MnM View
12.9 Laprosurge
12.9.1 Business Overview
12.9.2 Products Offered
12.9.3 Recent Development
12.9.4 MnM View
12.10 Genicon, Inc.
12.10.1 Business Overview
12.10.2 Products Offered
12.10.3 MnM View

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide
13.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.4 Available Customizations
13.5 Related Reports
13.6 Author Details

List of Tables

Table 1 Laparoscopic Procedures Data Per 100,000 Inhabitants in Hospitals, 2010 vs 2015
Table 2 Minimally Invasive Surgery Initiatives
Table 3 Specimen Retrieval Systems Market, By Type, 2017–2024 (USD Million)
Table 4 Non-Detachable Specimen Retrieval Systems Market, By Region, 2017–2024 (USD Million)
Table 5 Detachable Specimen Retrieval Systems Market, By Region, 2017–2024 (USD Million)
Table 6 Specimen Retrieval Systems Market, By Introducer Size, 2017–2024 (USD Million)
Table 7 5/8 mm Introducer Size Specimen Retrieval Systems Market, By Region, 2017–2024 (USD Million)
Table 8 10 mm Introducer Size Specimen Retrieval Systems Market, By Region, 2017–2024 (USD Million)
Table 9 12/15 mm Introducer Size Specimen Retrieval Systems Market, By Region, 2017–2024 (USD Million)
Table 10 25 mm Introducer Size Specimen Retrieval Systems Market, By Region, 2017–2024 (USD Million)
Table 11 Specimen Retrieval Market, By Application, 2017–2024 (USD Million)
Table 12 Specimen Retrieval Market for Gastrointestinal Surgeries, By Region, 2017–2024 (USD Million)
Table 13 Specimen Retrieval Market for Urological Surgeries, By Region, 2017–2024 (USD Million)
Table 14 Specimen Retrieval Market for Gynecological Surgeries, By Region, 2017–2024 (USD Million)
Table 15 Specimen Retrieval Market for Other Applications, By Region, 2017–2024 (USD Million)
Table 16 Specimen Retrieval Market, By End User, 2017–2024 (USD Million)
Table 17 Specimen Retrieval Market for Hospitals, By Region, 2017–2024 (USD Million)
Table 18 Specimen Retrieval Market for Other End Users, By Region, 2017–2024 (USD Million)
Table 19 Specimen Retrieval Market, By Region, 2017–2024 (USD Million)
Table 20 North America: Specimen Retrieval Market, By Country, 2017–2024 (USD Million)
Table 21 North America: Specimen Retrieval Market, By Type, 2017–2024 (USD Million)
Table 22 North America: Specimen Retrieval Market, By Introducer Size, 2017–2024 (USD Million)
Table 23 North America: Specimen Retrieval Market, By Application, 2017–2024 (USD Million)
Table 24 North America: Specimen Retrieval Market, By End User, 2017–2024 (USD Million)
Table 25 US: Specimen Retrieval Market, By Type, 2017–2024 (USD Million)
Table 26 US: Specimen Retrieval Market, By Introducer Size, 2017–2024 (USD Million)
Table 27 US: Specimen Retrieval Market, By Application, 2017–2024 (USD Million)
Table 28 US: Specimen Retrieval Market, By End User, 2017–2024 (USD Million)
Table 29 Canada: Specimen Retrieval Market, By Type, 2017–2024 (USD Million)
Table 30 Canada: Specimen Retrieval Market, By Introducer Size, 2017–2024 (USD Million)
Table 31 Canada: Specimen Retrieval Market, By Application, 2017–2024 (USD Million)
Table 32 Canada: Specimen Retrieval Market, By End User, 2017–2024 (USD Million)
Table 33 Europe: Specimen Retrieval Market, By Country, 2017–2024 (USD Million)
Table 34 Europe: Specimen Retrieval Market, By Type, 2017–2024 (USD Million)
Table 35 Europe: Specimen Retrieval Market, By Introducer Size, 2017–2024 (USD Million)
Table 36 Europe: Specimen Retrieval Market, By Application, 2017–2024 (USD Million)
Table 37 Europe: Specimen Retrieval Market, By End User, 2017–2024 (USD Million)
Table 38 UK: Specimen Retrieval Market, By Type, 2017–2024 (USD Million)
Table 39 UK: Specimen Retrieval Market, By Introducer Size, 2017–2024 (USD Million)
Table 40 UK: Specimen Retrieval Market, By Application, 2017–2024 (USD Million)
Table 41 UK: Specimen Retrieval Market, By End User, 2017–2024 (USD Million)
Table 42 Germany: Specimen Retrieval Market, By Type, 2017–2024 (USD Million)
Table 43 Germany: Specimen Retrieval Market, By Introducer Size, 2017–2024 (USD Million)
Table 44 Germany: Specimen Retrieval Market, By Application, 2017–2024 (USD Million)
Table 45 Germany: Specimen Retrieval Market, By End User, 2017–2024 (USD Million)
Table 46 France: Specimen Retrieval Market, By Type, 2017–2024 (USD Million)
Table 47 France: Specimen Retrieval Market, By Introducer Size, 2017–2024 (USD Million)
Table 48 France: Specimen Retrieval Market, By Application, 2017–2024 (USD Million)
Table 49 France: Specimen Retrieval Market, By End User, 2017–2024 (USD Million)
Table 50 Rest of Europe: Specimen Retrieval Market, By Type, 2017–2024 (USD Million)
Table 51 Rest of Europe: Specimen Retrieval Market, By Introducer Size, 2017–2024 (USD Million)
Table 52 Rest of Europe: Specimen Retrieval Market, By Application, 2017–2024 (USD Million)
Table 53 Rest of Europe: Specimen Retrieval Market, By End User, 2017–2024 (USD Million)
Table 54 Asia Pacific: Specimen Retrieval Market, By Country, 2017–2024 (USD Million)
Table 55 Asia Pacific: Specimen Retrieval Market, By Type, 2017–2024 (USD Million)
Table 56 Asia Pacific: Specimen Retrieval Market, By Introducer Size, 2017–2024 (USD Million)
Table 57 Asia Pacific: Specimen Retrieval Market, By Application, 2017–2024 (USD Million)
Table 58 Asia Pacific: Specimen Retrieval Market, By End User, 2017–2024 (USD Million)
Table 59 China: Specimen Retrieval Market, By Type, 2017–2024 (USD Million)
Table 60 China: Specimen Retrieval Market, By Introducer Size, 2017–2024 (USD Million)
Table 61 China: Specimen Retrieval Market, By Application, 2017–2024 (USD Million)
Table 62 China: Specimen Retrieval Market, By End User, 2017–2024 (USD Million)
Table 63 India: Specimen Retrieval Market, By Type, 2017–2024 (USD Million)
Table 64 India: Specimen Retrieval Market, By Introducer Size, 2017–2024 (USD Million)
Table 65 India: Specimen Retrieval Market, By Application, 2017–2024 (USD Million)
Table 66 India: Specimen Retrieval Market, By End User, 2017–2024 (USD Million)
Table 67 Japan: Specimen Retrieval Market, By Type, 2017–2024 (USD Million)
Table 68 Japan: Specimen Retrieval Market, By Introducer Size, 2017–2024 (USD Million)
Table 69 Japan: Specimen Retrieval Market, By Application, 2017–2024 (USD Million)
Table 70 Japan: Specimen Retrieval Market, By End User, 2017–2024 (USD Million)
Table 71 Rest of Asia Pacific: Specimen Retrieval Market, By Type, 2017–2024 (USD Million)
Table 72 Rest of Asia Pacific: Specimen Retrieval Market, By Introducer Size, 2017–2024 (USD Million)
Table 73 Rest of Asia Pacific: Specimen Retrieval Market, By Application, 2017–2024 (USD Million)
Table 74 Rest of Asia Pacific: Specimen Retrieval Market, By End User, 2017–2024 (USD Million)
Table 75 RoW: Specimen Retrieval Systems Market, By Type, 2017–2024 (USD Million)
Table 76 RoW: Specimen Retrieval Systems Market, By Introducer Size, 2017–2024 (USD Million)
Table 77 RoW: Specimen Retrieval Systems Market, By Application, 2017–2024 (USD Million)
Table 78 RoW: Specimen Retrieval Systems Market, By End User, 2017–2024 (USD Million)

List of Figures

Figure 1 Research Design
Figure 2 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 3 Specimen Retrieval Systems Market: Bottom-Up Approach
Figure 4 Specimen Retrieval Systems Market: Top-Down Approach
Figure 5 Data Triangulation Methodology
Figure 6 Specimen Retrieval Systems Market, By Type, 2019 vs 2024 (USD Million)
Figure 7 Specimen Retrieval Systems Market, By Introducer Size, 2019 vs 2024 (USD Million)
Figure 8 Specimen Retrieval Systems Market, By Application, 2019 vs 2024 (USD Million)
Figure 9 Specimen Retrieval Systems Market, By End User, 2019 vs 2024 (USD Million)
Figure 10 Specimen Retrieval Systems Market, By Region, 2019 vs 2024 (USD Million)
Figure 11 Rising Global Demand for Minimally Invasive Surgical Procedures to Drive Market Growth During the Forecast Period
Figure 12 Non-Detachable Specimen Retrieval Systems Dominated the North American Specimen Retrieval Systems Market in 2018
Figure 13 Countries in Asia Pacific to Register A Higher Growth Rate During the Forecast Period
Figure 14 Specimen Retrieval Systems Market: Drivers, Restraint, and Opportunities
Figure 15 North America: Specimen Retrieval Systems Market Snapshot
Figure 16 Asia Pacific: Specimen Retrieval Systems Market Snapshot
Figure 17 Key Developments in the Specimen Retrieval Systems Market From 2015 to 2018
Figure 18 Specimen Retrieval Systems Market Ranking, By Key Player, 2017
Figure 19 MnM Dive-Vendor Comparison Matrix: Specimen Retrieval Systems Market
Figure 20 Medtronic: Company Snapshot
Figure 21 Johnson & Johnson Services, Inc.: Company Snapshot
Figure 22 The Cooper Companies, Inc.: Company Snapshot
Figure 23 Conmed Corporation: Company Snapshot
Figure 24 B. Braun Melsungen AG: Company Snapshot
Figure 25 Teleflex Incorporated: Company Snapshot

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