Canada Laparoscopic Retrieval Bag Market Size & Outlook
Canada laparoscopic retrieval bag market, 2018-2030 (US$M)
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Canada laparoscopic retrieval bag market highlights
- The Canada laparoscopic retrieval bag market generated a revenue of USD 14.9 million in 2023 and is expected to reach USD 23.7 million by 2030.
- The Canada market is expected to grow at a CAGR of 6.8% 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 14.9 million |
| Market revenue in 2030 | USD 23.7 million |
| Growth rate | 6.8% (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, Canada accounted for 3.9% 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 North America, U.S. laparoscopic retrieval bag market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 189.0 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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Canada 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 63.09% in 2023. Horizon Databook has segmented the Canada 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 healthcare market in Canada is witnessing a significant surge in the demand for laparoscopic retrieval bags. This can be attributed to the increasing adoption of minimally invasive surgical procedures, growing prevalence of endometrial cancer, and rising need for effective treatment options for gynecological disorders.
In addition, Canada is a rapidly developing market for laparoscopic retrieval bags due to the growing number of surgeries, increasing government funding, and favorable reimbursement policies. For instance, according to the Journal of Obstetrics & Gynecology Canada (JOGC), over 41,000 hysterectomies are performed annually in Canada.
Another significant factor contributing to market growth is the adoption of robotically assisted surgeries, which is becoming increasingly popular in Canada. Robotic-assisted surgery enables surgeons to perform complex procedures with enhanced precision & dexterity, and laparoscopic retrieval bags play a critical role in this process.
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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 Canada laparoscopic retrieval bag market , including forecasts for subscribers. This country databook contains high-level insights into Canada laparoscopic retrieval bag market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada laparoscopic retrieval bag market size, by type, 2018-2030 (US$M)
Canada Laparoscopic Retrieval Bag Market Outlook Share, 2023 & 2030 (US$M)
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