Latin America Laparoscopic Retrieval Bag Market Size & Outlook
Latin America laparoscopic retrieval bag market, 2018-2030 (US$M)
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Latin America laparoscopic retrieval bag market highlights
- The Latin America laparoscopic retrieval bag market generated a revenue of USD 41.5 million in 2023.
- The market is expected to grow at a CAGR of 7.2% 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, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 41.5 million |
| Market revenue in 2030 | USD 67.8 million |
| Growth rate | 7.2% (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, Latin America region accounted for 10.8% 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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Latin America 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 65.78% in 2023. Horizon Databook has segmented the Latin America 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.
Latin America’s laparoscopic retrieval bag market is anticipated to witness significant growth over the forecast period. Rapidly developing economies, such as Brazil and Argentina, are primarily driving the laparoscopic retrieval bag market growth due to their significant investments in healthcare infrastructure and increasing demand for minimally invasive surgical procedures.
Geographical proximity to the U.S., increasing medical tourism from North America due to affordable healthcare facilities, rising prevalence of gynecological disorders, and growing availability of new technologies are some of the major factors propelling market growth in the region.
Moreover, the rising number of surgeries and growing awareness about the benefits of laparoscopic surgeries are improving the need for laparoscopic retrieval bags. In addition, governments of various countries in the region are striving to improve healthcare infrastructure.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America laparoscopic retrieval bag market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America laparoscopic retrieval bag market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America laparoscopic retrieval bag market size, by country, 2018-2030 (US$M)
Latin America Laparoscopic Retrieval Bag Market Outlook Share, 2023 & 2030 (US$M)
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