Specimen Retrieval Market - By Type (Detachable, Non-detachable), By Application (Gynecological surgeries, Urological surgeries, Gastrointestinal surgeries), By End-use (Hospital, Ambulatory surgical centers) - Global Forecast 2024-2032
Global Specimen Retrieval Market will witness 4.9% CAGR between 2024 and 2032, propelled by increasing recognition and appreciation for professionals skilled in retrieving specimens. As the importance of accurate specimen collection grows, so does the acknowledgment of the expertise required for this task.
For instance, in June 2023, ATCC, renowned as the foremost organization for biological materials management and standards, announced a Task Order award in collaboration with the Biomedical Advanced Research and Development Authority (BARDA), a division of the Administration for Strategic Preparedness and Response (ASPR) within the U.S. Department of Health and Human Services (HHS). Under this award, BARDA's Clinical Studies Network (CSN), a valued member of ATCC, managed the CSN's Biological Specimen and Investigational Product (BSIP) storage facility. ATCC offered centralized services for the storage and distribution of clinical samples and investigational products across studies supported by BARDA.
Healthcare providers and laboratories prioritize trained specialists capable of ensuring the integrity and quality of specimens, driving demand for services and tools that facilitate efficient retrieval. This trend underscores the critical role of skilled professionals in maintaining the integrity of diagnostic processes and stimulating market growth.
The overall Specimen Retrieval Market Share is classified based on the type, application, and region.
Non-detachable specimen retrieval systems segment will undergo significant development from 2024 to 2032. These systems offer enhanced safety and efficiency in retrieving specimens during minimally invasive procedures, such as laparoscopic surgeries. Unlike detachable systems, non-detachable ones eliminate the risk of specimen loss or contamination during retrieval, ensuring the integrity of samples for accurate diagnosis. As healthcare providers prioritize patient safety and procedural efficacy, the demand for non-detachable specimen retrieval systems continues to grow, driving market expansion.
Specimen retrieval market size from the urological segment will register a noteworthy CAGR from 2024 to 2032. With the increasing prevalence of urological conditions and advancements in minimally invasive procedures, there's a growing need for efficient specimen retrieval systems. These systems play a crucial role in safely removing specimens, such as tumors or kidney stones, during procedures like laparoscopic or robotic-assisted surgeries. As urologists prioritize patient outcomes and procedural efficiency, the demand for specialized specimen retrieval tools tailored to urological surgeries continues to rise, driving market growth.
Europe specimen retrieval industry will showcase a commendable CAGR from 2024 to 2032. With a growing emphasis on patient safety and optimal outcomes, healthcare providers in Europe are increasingly relying on efficient specimen retrieval systems. These systems play a critical role in ensuring the accurate collection and extraction of tissue samples during surgeries. As the demand for minimally invasive procedures continues to rise, the need for high-quality specimen retrieval tools in Europe grows, fueling market expansion.