South Africa Laparoscopic Retrieval Bag Market Size & Outlook
South Africa laparoscopic retrieval bag market, 2018-2030 (US$M)
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South Africa laparoscopic retrieval bag market highlights
- The South Africa laparoscopic retrieval bag market generated a revenue of USD 5.6 million in 2023 and is expected to reach USD 8.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.6% 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 5.6 million |
| Market revenue in 2030 | USD 8.8 million |
| Growth rate | 6.6% (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, South Africa accounted for 1.5% 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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South Africa 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 62.5% in 2023. Horizon Databook has segmented the South Africa 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.
In the MEA, the laparoscopic retrieval bag market in South Africa is anticipated to witness considerable growth over the forecast period. The growing number of obese population is one of the primary factors driving market growth.
According to a recent report published by Diabetes South Africa in September 2022, the University of the Witwatersrand in Johannesburg revealed that overweight and obesity are costing South Africa’s healthcare system around USD 1.9 billion annually.
Furthermore, the increasing prevalence of gynecological disorders, such as endometriosis, fibroids, and polyps, in South Africa is predicted to drive the demand for laparoscopic retrieval bags. Moreover, there is a growing awareness of women’s health issues in South Africa, which is expected to improve the demand for diagnostic & therapeutic procedures using laparoscopic retrieval bags.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa laparoscopic retrieval bag market , including forecasts for subscribers. This country databook contains high-level insights into South Africa laparoscopic retrieval bag market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa laparoscopic retrieval bag market size, by type, 2018-2030 (US$M)
South Africa Laparoscopic Retrieval Bag Market Outlook Share, 2023 & 2030 (US$M)
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