According to WHO, in 2015, more than 35% of the total global population were suffering from major or minor cardiovascular complication and in 2014, globally 39% of adults aged 18 years and over were overweight whereas 13% were obese.
Retractors are surgical instrument which are used to separate the edges of the wound or surgical incision.
The factors such as increasing number of surgical procedures is the major driving factor for the market. Beside this technological advances and improved surgical treatment with increased success rate has provided fuel for the growth of the market. Cost of surgery and surgical products may restrain the growth of the market.
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Global Surgical Retractors Market is expected to grow significantly over the forecast period. The market held a market value of USD 1,103 million in 2017 and is projected to grow at a CAGR of 7.8% over the forecast period.
Some of the prominent players in the Global Surgical Retractors Market are Terumo Corporation, Henry Schein, INC., Johnson & Johnson, Medtronic, Becton, Dickinson and Company, Stryker Corporation, Globus Medical, INC., B. Braun Melsungen AG, Teleflex Incorporated, Integra Lifesciences Holdings Corporation, The Cooper Companies, INC., RTI Surgical, INC., Arthrex, Inc., Invuity, Inc., Medline Industries, Inc. and others
The Global Surgical Retractors Market has been segmented into product type, design, product usage, application, and end user.
By product type, the market has been segmented into hand retractors, self-retaining retractors, table-mounted retractors, wire retractors, and accessories.
Based on design, the market has been segmented into fixed or flat frame retractors, angled or curved frame retractors, and blade or elevated-tipped retractors.
Based on product usage, the market has been segmented into tissue handling and dissection and fluid swabbing.
Based on application, the market has been segmented into obstetric & gynecological, urological, abdominal, cardiothoracic, orthopaedic, head, neck, and spinal, aesthetic surgical, and others.
The market, by end user, has been segmented into hospitals and surgical centres, ambulatory care centres, and others.
Regional Market Summary
On regional basis, the Americas is anticipated to dominate the global surgical retractors market owing to the growing R&D budgets by both government as well as commercial pharmaceutical and biotechnological companies and increasing adoption of advanced technologies in the region. Europe is expected to hold the second largest position in the global surgical retractors market owing to the presence of strong academic & research base and availability of funding for research in the European countries. Asia Pacific has served an opportunity for developing surgical retractors market in this region due to increasing demand for the better treatment and devices and increasing prevalence of disease like diabetes and obesity. The Middle East & Africa has the least share of the global surgical retractors market. Moreover, the major market share of the region is expected to be held by the Middle East region owing to the increasing government initiatives for the healthcare sector.
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Detailed table of contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope Of The Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.5 Macroeconomic Indicators
4.6 Product Usage Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
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