Surgical Retractors Market share was valued USD 1.1 Billion in 2017 and is expected to grow at CAGR of 7.8% over the forecast period. Surgical retractors are important surgical instruments which is used to surgical incision or to separate the edges of the wound. Owing to increasing occurrence of obesity across the globe many of the companies are in the race to introduce better obesity treatment.
Companies are using a trend of strategic alliance and acquisition to gain the market and minimize the competition in the market. The growing R&D expenditure by the private sector as well as government is likely to contribute to the surgical retractors market growth.
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Surgical Retractors Market Segmentation
The global surgical retractors market has been segmented into
- product type
- product usage
- end user
By product type, the market has been segmented into
- hand retractors,
- self-retaining retractors,
- table-mounted retractors,
- wire retractors,
Based on design, the market has been segmented into
- fixed or flat frame retractors,
- angled or curved frame retractors
- blade or elevated-tipped retractors
Based on product usage, the market has been segmented into
- tissue handling
- dissection and fluid swabbing
Based on application, the market has been segmented into
- obstetric & gynecological,
- aesthetic surgical
The market, by end user, has been segmented into
- surgical centres,
- ambulatory care centres.
Surgical Retractors Market Regional Outlook
By region Americas dominating the global surgical retractors market due to the growing R&D budgets by both commercial pharmaceutical as well as government and increasing adoption of advanced technologies, biotechnological companies in the region.
Europe is Anticipated to hold the second largest position in the global surgical retractors market due to the presence of strong research base & academic and availability of funding for research in the Europe.
Asia Pacific have opportunity for developing surgical retractors market in this region due to increasing demand for the better devices and treatment, increasing occurrence of disease like obesity and diabetes.
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 due to the increasing government initiatives for the healthcare sector.
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Surgical Retractors Market Key Players
Some of the prominent players in the Global Surgical Retractors Market are
- Terumo Corporation
- Henry Schein, INC.
- Johnson & Johnson
- 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.
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