Overview and Scope
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.
Sizing and Forecast
The surgical retractors market size has grown strongly in recent years. It will grow from $2.39 billion in 2023 to $2.6 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. 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 $3.6 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. 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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Segmentation & Regional Insights
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
North America was the largest region in the surgical retractors market in 2023. Europe was the second-largest region in the surgical retractors market. The regions covered in the surgical retractors 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
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, according to the American Society for Aesthetic Plastic Surgery, a US-based organization devoted to aesthetic plastic surgery and cosmetic medicine, in the US, surgical procedures increased by 54% in 2021. Therefore, the increasing number of surgical procedures is driving the growth of the surgical retractor market.
Key Industry Players
Major companies operating in the surgical retractors market report are 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., EDLO S.A. – Surgical Instruments, Medhold Medical (Pty) Ltd.
The surgical retractors market report table of contents includes:
1. Executive Summary
2. Surgical Retractors Market Characteristics
3. Surgical Retractors Market Trends And Strategies
4. Surgical Retractors Market – Macro Economic Scenario
5. Global Surgical Retractors Market Size and Growth
……….
32. Global Surgical Retractors Market Competitive Benchmarking
33. Global Surgical Retractors Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Surgical Retractors Market
35. Surgical Retractors Market Future Outlook and Potential Analysis
36. Appendix
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