Saudi Arabia Laparoscopic Retrieval Bag Market Size & Outlook
Saudi Arabia laparoscopic retrieval bag market, 2018-2030 (US$M)
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Saudi Arabia laparoscopic retrieval bag market highlights
- The Saudi Arabia laparoscopic retrieval bag market generated a revenue of USD 4.2 million in 2023 and is expected to reach USD 6.7 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 7.1% 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 4.2 million |
| Market revenue in 2030 | USD 6.7 million |
| Growth rate | 7.1% (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, Saudi Arabia accounted for 1.1% 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 Middle East & Africa, South Africa laparoscopic retrieval bag market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 6.7 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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Saudi Arabia 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 61.9% in 2023. Horizon Databook has segmented the Saudi Arabia 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 Saudi Arabia is anticipated to witness significant growth over the forecast period. The healthcare system in Saudi Arabia is outperforming other countries in the region due to ongoing efforts by the government and the corporate sector.
Saudi Arabia has the largest number of hospitals and primary healthcare centers in the region. The government in Saudi Arabia is diverting funds toward creating a robust healthcare infrastructure by developing new hospitals.
The growing number of sleeve gastrectomy procedures performed in the country is the primary factor driving the laparoscopic retrieval bag market. According to a research article published in Springer Nature Journal, in 2023, the most commonly undergone bariatric surgery was sleeve gastrectomy (82%) in their study.
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia laparoscopic retrieval bag market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia laparoscopic retrieval bag market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia laparoscopic retrieval bag market size, by type, 2018-2030 (US$M)
Saudi Arabia Laparoscopic Retrieval Bag Market Outlook Share, 2023 & 2030 (US$M)
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