Thailand Laparoscopic Retrieval Bag Market Size & Outlook
Thailand laparoscopic retrieval bag market, 2018-2030 (US$M)
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Thailand laparoscopic retrieval bag market highlights
- The Thailand laparoscopic retrieval bag market generated a revenue of USD 5.5 million in 2023 and is expected to reach USD 9.3 million by 2030.
- The Thailand market is expected to grow at a CAGR of 7.9% 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 5.5 million |
| Market revenue in 2030 | USD 9.3 million |
| Growth rate | 7.9% (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, Thailand accounted for 1.4% 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 Asia Pacific, China laparoscopic retrieval bag market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 25.1 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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Thailand 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 67.27% in 2023. Horizon Databook has segmented the Thailand 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 Thailand is expected to grow at a significant rate due to the increasing adoption of minimally invasive procedures, rising awareness about women’s health, and the growing prevalence of gynecological disorders. The competitive landscape is dominated by international players.
According to a research article published in the Journal of Minimally Invasive Surgery, the number of minimally invasive procedures performed or assisted by Thai general surgery residents has gradually risen over the past decade, with a notable increase in laparoscopic surgeries, which has observed a surge of approximately 57% during this period.
Furthermore, the increasing healthcare expenditure in Thailand may encourage major players to enter the market. Due to the increasing medical services, Thailand's domestic consumption of medical devices is higher. In addition, medical devices, particularly single-use devices, are increasingly being designed and produced in Thailand.
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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 Thailand laparoscopic retrieval bag market , including forecasts for subscribers. This country databook contains high-level insights into Thailand laparoscopic retrieval bag market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand laparoscopic retrieval bag market size, by type, 2018-2030 (US$M)
Thailand Laparoscopic Retrieval Bag Market Outlook Share, 2023 & 2030 (US$M)
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