Market revenue in 2023 | USD 11.1 million |
Market revenue in 2030 | USD 19.8 million |
Growth rate | 8.5% (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 |
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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 65.77% in 2023. Horizon Databook has segmented the India 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 Indian government’s emphasis on reducing healthcare costs and improving patient outcomes has led to an increasing adoption of minimally invasive surgical procedures. Laparoscopic retrieval bags are essential components of such procedures.
Healthcare professionals and patients are increasingly recognizing the benefits of laparoscopic retrieval bags, including reduced bleeding, improved visibility, and enhanced accuracy during surgical procedures. Hence, the adoption of these devices is anticipated to surge over the forecast period, driving market growth.
This vast population requires innovative solutions to address various urologic conditions, making urology a vital and rapidly evolving branch of the healthcare system in the country. As a relatively young and developing field, urology in India faces unique opportunities and challenges in catering to the specific needs of this massive and diverse population, thus presenting growth opportunities for the laparoscopic retrieval bag market.
Horizon Databook provides a detailed overview of country-level data and insights on the India laparoscopic retrieval bag market , including forecasts for subscribers. This country databook contains high-level insights into India laparoscopic retrieval bag market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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