Global Foreign Body Removal Market, Device Type (Forceps, Retrieval Baskets, Balloon Catheter, Surgical Scissors, Others), Application (Stomach, Gut, Mouth, Ear, Nose, Others), End Users (Hospitals and Clinics, Ambulatory Surgical Centers, Others) – Industry Trends and Forecast to 2030.
Foreign Body Removal Market Analysis and Size
Most of the foreign body ingestions in adults occur while eating, which leads to either bone or meat bolus impaction. The foreign body removal market's colossal growth can be hugely associated with the rising awareness programs for minimally invasive surgeries during the forecast period. Furthermore the increasing demand for minimally invasive surgery and rising health awareness amongst the consumer is increasing the overall foreign-body removal market growth.
Data Bridge Market Research analyses that the foreign body removal market is expected to reach USD 2.9 billion by 2030, which is USD 1.97 billion in 2022, and is expected to undergo a CAGR of 4.9% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Foreign Body Removal Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Device Type (Forceps, Retrieval Baskets, Balloon Catheter, Surgical Scissors, Others), Application (Stomach, Gut, Mouth, Ear, Nose, Others), End Users (Hospitals and Clinics, Ambulatory Surgical Centers, Others)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Boston Scientific Corporation (U.S.), BD (U.S.), CONMED Corporation (U.S.), MEDIVATORS Inc (U.S.), Applied Medical Resources Corporation (U.S.), Olympus Corporation (India), Cook (U.S.), Diversatek, Inc. (U.S.)
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Market Opportunities
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Market Definition
Foreign body removal is the removal of substances that have been introduced into the body sometimes by accident. Objects may enter through the airway, get swallowed, lodged in the esophagus or stomach, or embedded in the soft tissues. Around 80% of foreign body ingestions happen among the children. Successful removal depends on numerous factors, such as the location of the foreign body, patient cooperation, physician dexterity, type of material and whether the material is graspable or nongraspable.
Foreign Body Removal Market Dynamics
Drivers
- Huge Application in Stomach and Gut
The foreign body removal devices can be surgical and non-surgical tools and have great application in the stomach and gut. In the stomach, specimens are recovered for test to diagnose and monitor disorders such as gastritis, ulcers, excessive bleeding from the esophagus. In many cases of endoscopy-induced injury or perforation during a procedure, foreign objects may also be removed after suitable investigation. Additionally, the gut is a common site for foreign-body removal. Foreign bodies may come in the digestive tract in either two ways, through the mouth or anus. Most of these procedures are performed using endoscopy, which involves inserting an instrument with a camera into the body to observe organs and other structures inside on video display. Thus, this process is helping in improving the patient condition.
Opportunities
- Increasing Demand of Flexible Endoscopy
Flexible endoscopes are the type of medical instruments which are easily damaged. The wide use of flexible endoscopes is common in both medical and surgical specialties. These endoscopes provide the unique ability to reach the cavities and viscera not visible to the naked eye. They let minimally invasive investigation of symptoms, pathology diagnosis and application of directed therapies. It helps in faster treatment processes; thus, this wide application boosts market growth.
Restraints/Challenges
- High cost of Treatment
The increasing cost of treatment processes are hampering the market growth. The process involves the use of many instruments that hampers the market growth.
This foreign body removal market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the foreign body removal market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Foreign Body Removal Market Scope
The foreign body removal market is segmented on the basis of device type, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Device Type
- Forceps
- Retrieval Baskets
- Balloon Catheter
- Surgical Scissors
- Others
Application
- Stomach
- Gut
- Mouth
- Ear
- Nose
- Others
End-User
- Hospitals and Clinics
- Ambulatory Surgical Centers
- Others
Foreign Body Removal Regional Analysis/Insights
The foreign body removal market is analyzed and market size insights and trends are provided by device type, application and end-user as referenced above.
The countries covered in the foreign body removal market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the foreign body removal market because of the changing lifestyles and growing urbanization in the region.
Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 due to the increasing awareness and level of education amongst the consumers in this particular region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed base and New Technology Penetration
The foreign body removal market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for foreign body removal market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the foreign body removal market. The data is available for historic period 2011-2021.
Competitive Landscape and Global Foreign Body Removal Market Share Analysis
The foreign body removal market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to foreign body removal market.
Some of the major players operating in the foreign body removal market are:
- Boston Scientific Corporation (U.S.)
- BD (U.S.)
- CONMED Corporation (U.S.)
- MEDIVATORS Inc (U.S.)
- Applied Medical Resources Corporation (U.S.)
- Olympus Corporation (India)
- Cook (U.S.)
- Diversatek, Inc. (U.S.)
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