The Foreign Body Removal by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Foreign Body Removal, The foreign body removal market size has grown strongly in recent years. It will grow from $1.95 billion in 2023 to $2.07 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increasing incidence of accidents, rising geriatric population,improved healthcare infrastructure, growing awareness of fbr, expanding geographic reach
The foreign body removal market size is expected to see strong growth in the next few years. It will grow to $2.61 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to continued growth in fb ingestion and aspiration rates, innovations in surgical techniques, growing awareness and education, global population growth, rise in pediatric cases. Major trends in the forecast period include increasing demand for minimally invasive surgery, rising prevalence of chronic diseases, growing geriatric population, technological advancements , increasing awareness
Increasing demand for minimally invasive surgery is expected to propel the growth of the foreign body removal market going forward. Minimally invasive surgery is the type of procedure that involves smaller incisions and shorter recovery time and makes use of few stitches. Foreign body removal is a minimally invasive surgical procedure that is used to get rid of objects that have been swallowed and lodged in the digestive system or any region of the body. The invasive surgery is performed for foreign body removal which leads to an increase in the demand for the foreign body removal. For instance, according to a survey (involving over 1,000 women) statistics by the American Society of Plastic Surgeons (ASPS), a US-based plastic surgery specialty organization, in the USA, 35% of women who have had at least one cosmetic surgical operation or minimally invasive procedure in the past year anticipated spending much more on treatments in 2021. Therefore, the increasing demand for minimally invasive surgery is driving the demand for the foreign body removal market.
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The foreign body removal market covered in this report is segmented –
1) By Device Type: Forceps, Retrieval Baskets, Balloon Catheter, Surgical Scissors, Other Device Types
2) By Application: Stomach, Gut, Mouth, Ear, Nose, Other Applications
3) By End Users: Hospitals And Clinics, Ambulatory Surgical Centers, Other End Users
Technology innovations are a key trend gaining popularity in the foreign body removal market. Major companies operating in the foreign body removal market are focused on developing technologically innovative solutions to strengthen their market position. For instance, in December 2021, Olympus Corporation, a Japan-based manufacturer of optics and reprography products, launched its line of single-use Foreign Body Retrieval devices, that gives doctors alternatives for a variety of purposes to address the demands of infection prevention campaigns. To help with the recovery of foreign substances, stents, and removed tissue such as polyps, the new devices are a specialized single-use gripping forceps that will take the place of the previously available reusable devices.
The foreign body removal market report table of contents includes:
1. Executive Summary
2. Foreign Body Removal Market Characteristics
3. Foreign Body Removal Market Trends And Strategies
4. Foreign Body Removal Market – Macro Economic Scenario
5. Global Foreign Body Removal Market Size and Growth
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26. South America Foreign Body Removal Market
27. Brazil Foreign Body Removal Market
28. Middle East Foreign Body Removal Market
29. Africa Foreign Body Removal Market
30. Foreign Body Removal Market Competitive Landscape And Company Profiles
Top Major Players:
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