Australia Laparoscopic Retrieval Bag Market Size & Outlook
Australia laparoscopic retrieval bag market, 2018-2030 (US$M)
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Australia laparoscopic retrieval bag market highlights
- The Australia laparoscopic retrieval bag market generated a revenue of USD 8.3 million in 2023 and is expected to reach USD 14.2 million by 2030.
- The Australia market is expected to grow at a CAGR of 8% 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.
Laparoscopic retrieval bag market data book summary
| Market revenue in 2023 | USD 8.3 million |
| Market revenue in 2030 | USD 14.2 million |
| Growth rate | 8% (CAGR from 2023 to 2030) |
| Largest segment | Detachable retrieval bags |
| Fastest growing segment | Detachable Retrieval Bags |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Australia accounted for 2.2% of the global laparoscopic retrieval bag market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China laparoscopic retrieval bag market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 25.1 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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Australia 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 67.47% in 2023. Horizon Databook has segmented the Australia 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 increasing rate of hospitalization due to gynecology procedures, such as uterine fibroids, endometriosis, and other gynecological disorders, and the growing demand for minimally invasive surgical procedures in Australia are among the major factors expected to drive market growth over the forecast period.
The growing demand for minimally invasive surgical procedures is a key factor driving growth in the laparoscopic retrieval bag market. Minimally invasive procedures, such as hysteroscopy & laparoscopy, are increasingly preferred by patients and healthcare providers due to their reduced risk of complications, faster recovery time, and minimal scarring.
In addition, the government committed USD 14 million to support ovarian cancer research from the Medical Research Future Fund. This funding was expected to focus on identifying risk factors and developing early detection strategies to improve prognosis for ovarian cancer patients. Such initiatives may encourage many new & leading players to enter the market, thereby driving growth.
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Our clientele includes a mix of laparoscopic retrieval bag market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Australia laparoscopic retrieval bag market , including forecasts for subscribers. This country databook contains high-level insights into Australia laparoscopic retrieval bag market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Australia laparoscopic retrieval bag market size, by type, 2018-2030 (US$M)
Australia Laparoscopic Retrieval Bag Market Outlook Share, 2023 & 2030 (US$M)
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