The surgical retractors market size has grown strongly in recent years. It will grow from $2.45 billion in 2024 to $2.6 billion in 2025 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to increased number of surgical procedures, increase in the number of injury cases, and strong economic growth in emerging markets.
The surgical retractors market size is expected to see strong growth in the next few years. It will grow to $3.45 billion in 2029 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to rising prevalence of chronic diseases, aging population, and increasing plastic surgeries. Major trends in the forecast period include launching cordless surgical retractors, self-retaining retractors, lightweight titanium surgical retractors, launching new, innovative products, and developing surgical retractors using 3D printing technology.
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Which industry factors have accelerated the surgical retractors market’s expansion?
An increase in several surgical procedures is expected to propel the growth of the surgical retractors market going forward. A surgical procedure is a medical treatment that involves making an incision and using tools to stop or repair disease in a living body. A variety of medical disorders are diagnosed, investigated, or treated via surgical procedures. Surgical retractors are mostly used in open surgery, endoscopy, dermatology, ophthalmology, and dentistry, and old tissues or organs during surgeries. For instance, in June 2024, according to the American Society of Plastic Surgeons, a US-based organization of board-certified plastic surgeons, 5% increase in cosmetic surgical procedures from 2022 to 2023, with nearly 1.6 million procedures performed in 2023. Breast Augmentation increased by 2%, with 304,181 procedures performed in the U.S. in 2023. Therefore, the increasing number of surgical procedures is driving the growth of the surgical retractor market.
What are the primary segments of the surgical retractors market?
The surgical retractors market covered in this report is segmented –
1) By Type: Handheld, Self-Retaining
2) By Application: Neurosurgery, Abdominal Surgery, Cardiovascular, Orthopedic, Obstetrics And Gynecology, Other Applications
3) By End User: Hospitals, Ambulatory Surgical Centers, Other End Users
Subsegments:
1) By Handheld: Ribbon Retractors, Volkmann Retractors, Senn Retractors, Gelpi Retractors, Malleable Retractors
2) By Self-Retaining: Balfour Retractors, Bookwalter Retractors, Weitlaner Retractors, O’Connor-O’Sullivan Retractors, Fan Retractors
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Which firms are leading the surgical retractors market?
Major companies operating in the surgical retractors market include Becton Dickinson and Company (BD), Henry Schein, B. Braun Melsungen AG, Medtronic plc, Johnson & Johnson, Globus Medical Inc, Medline Industries Inc., Teleflex Incorporated, Stryker Corporation, Terumo Corporation, Microcure (Suzhou) Medical Technology Co. Ltd., Guangzhou T.K Medical Instrument Co. Ltd, Changzhou Haiers Medical Devices Co. Ltd., Jiangsu Jinlu Group Medical Device Co. Ltd., Changzhou Cheayoo Medical Devices Co. Ltd, Sihong Ophsurin Co. Ltd, Suzhou Upline Medical Products Co. Ltd., Innomed Inc., BR Surgical LLC, Kapp Surgical Instrument Inc, Sklar Surgical Instruments, Mediflex Surgical Products, World Precision Instrument, Coopers Companies Inc, Integra Lifesciences Holdings Corporation, Thompson Surgical Instruments, Applied Medical Resources Corporation, Keir Surgical, Conkin Surgical, CONMED Corporation, Arthrex Inc., Enovis Corporation, Bausch Health Companies Inc., Medhold Medical (Pty) Ltd.
Which market trends are set to define the future of the surgical retractors market?
Major companies in the surgical retractors market are focusing on advanced technologies, such as 4K imaging systems and ergonomic designs, to enhance surgical precision and efficiency, ultimately improving patient outcomes and surgeon experience during minimally invasive procedures. A 4K imaging camera captures high-resolution images and videos at approximately 3840 x 2160 pixels, enhancing visibility and precision for surgeons during minimally invasive procedures. For instance, in August 2023, Viseon Inc., a US-based privately-held company, launched the MaxView 4K advanced visualization system for minimally invasive spine surgery, which requires no capital equipment costs or operating room space. The system features a sterile 4K imaging camera and offers real-time video recording, enhancing surgical efficiency and patient safety.
Which geographic trends are shaping the surgical retractors market, and which region has the highest market share?
The countries covered in the surgical retractors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
What Does The Surgical Retractors Market Report 2025 Offer?
The surgical retractors market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Surgical retractors are the medical instruments that are used during a surgical procedure to keep the area of incision or surgery open. The device improves visibility and contributes to a more effective surgical procedure. The surgical retractors are used to hold an incision or wound open while a surgeon works.
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