Asia Pacific Laparoscopic Retrieval Bag Market Size & Outlook
Asia Pacific laparoscopic retrieval bag market, 2018-2030 (US$M)
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Asia Pacific laparoscopic retrieval bag market highlights
- The Asia Pacific laparoscopic retrieval bag market generated a revenue of USD 80.6 million in 2023.
- The market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, detachable retrieval bags was the largest revenue generating type in 2023.
- Detachable Retrieval Bags is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 80.6 million |
| Market revenue in 2030 | USD 137.2 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Detachable retrieval bags |
| Fastest growing segment | Detachable Retrieval Bags |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Detachable Retrieval Bags, Non-detachable Retrieval Bags |
| Key market players worldwide | Johnson & Johnson, Medtronic PLC, B. Braun, Richard Wolf, LaproSurge, Vernacare, PURPLE SURGICAL MANUFACTURING LIMITED |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.1% of the global laparoscopic retrieval bag market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 137.2 million by 2030.
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Laparoscopic Retrieval Bag Market Scope
Laparoscopic Retrieval Bag Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific laparoscopic retrieval bag market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to laparoscopic retrieval bag market will help companies and investors design strategic landscapes.
Detachable retrieval bags was the largest segment with a revenue share of 65.38% in 2023. Horizon Databook has segmented the Asia Pacific laparoscopic retrieval bag market based on detachable retrieval bags, non-detachable retrieval bags covering the revenue growth of each sub-segment from 2018 to 2030.
The laparoscopic retrieval bag market in Asia Pacific is anticipated to witness the fastest growth over the forecast period. This growth can be attributed to the increasing adoption of minimally invasive surgical procedures in countries such as China, Japan, and India. In addition, the growing prevalence of uterine-related disorders, such as fibroids and endometriosis, which require surgical intervention, is expected to drive market demand.
Moreover, these devices offer several benefits, including reduced risk of complications, improved patient outcomes, and shorter hospital stays. Hence, the rising awareness about the benefits of laparoscopic retrieval bag is another factor expected to propel the demand in the region.
Furthermore, the increasing adoption of robotic-assisted surgery, requiring specialized devices for uterine manipulation, is one of the key drivers of the market. The laparoscopic retrieval bag market in Japan is driven by the country’s aging population and high adoption rates of minimally invasive surgical procedures.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific laparoscopic retrieval bag market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific laparoscopic retrieval bag market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific laparoscopic retrieval bag market size, by country, 2018-2030 (US$M)
Asia Pacific Laparoscopic Retrieval Bag Market Outlook Share, 2023 & 2030 (US$M)
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