Overview and Scope
Foreign body removal refers to a process of removing things that have been impacted in any area of the body. A foreign body can be acquired through ingestion, inhalation, or an injury to practically any region of the body.
Sizing and Forecast
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 .
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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
North America was the largest region in the foreign body removal market in 2023. The regions covered in the foreign body removal market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the foreign body removal market are focusing on innovative products such as microsurgery instruments to drive revenues in their market. Microsurgery instruments are specialized tools used to perform delicate and precise procedures on small structures, such as blood vessels, nerves, and bones. For instance, in November 2023, Surtex Instruments Ltd., a US-based instrument manufacturer, launched infinex series. The self-centering handle design maximizes the blade’s cutting force while guaranteeing proper hand alignment. The product line, which includes the Magna and Maestro brands, is intended to represent the height of surgical creativity and craftsmanship. The diamond-dusted jaws on the Infinex Magna line of microsurgery forceps and needle holders provide a novel touch that not only increases instrument durability but also provides surgeons with improved grip, stability, and control in even the most demanding surgical settings.
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
……….
31. Global Foreign Body Removal Market Competitive Benchmarking
32. Global Foreign Body Removal Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Foreign Body Removal Market
34. Foreign Body Removal Market Future Outlook and Potential Analysis
35. Appendix
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