The global surgical retractors market is projected to reach an approximate value of USD 2.7 billion by 2028, growing at a CAGR of 4.7%. A surgical retractor is a medical tool that is used during surgery. The tool is used to hold the sides of the incision in order to keep it open during surgery. In addition, the tool is used to draw back the sutures in order to hold them adjacent to the working area. In addition, surgical retractors are used to improve illumination and access to the uncovered region, which assists in the execution of the surgical process. Technological developments have also complemented the expansion of the global market for surgical retractors. These advances in surgical devices and appliances have changed operating practices over the last few decades.
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Essential Key Players involved in Global Surgical Retractors Market are: Johnson & Johnson Services, Inc., Teleflex Incorporated, Becton, Dickinson, and Company, Stryker Corporation, B. Braun Melsungen AG, Medtronic plc, Integra Life Sciences Holdings Corporation, Medline Industries Inc., Henry Schein and Sklar Surgical Instruments among others.
The main example of this is the advent of equipment such as illuminated, single-use, laparoscopic retractors. The demand for surgical retractors is predicted to rise dramatically over the projected timeline, and market growth can be due to growing healthcare costs worldwide. A high preference for surgery, particularly for the geriatric population vulnerable to numerous chronic disorders, will drive the market growth of surgical retractors. According to John Hopkins, more than 51 ML surgical operations have been done to raise demand for surgical retractors and improve business development for surgical retractors.
Sedentary lifestyles in both developed and emerging nations have contributed to a rise in the incidence of obesity, cardiovascular disease, cancer, and diabetes. The rising prevalence of lifestyle disorders, combined with increased per capita spending on health care, are the main factors leading to the rising number of surgical procedures, driving demand for and use of surgical retractors. However, the stringent regulations laid down by the FDA for the approval of surgical equipment limit the growth of the demand for surgical retractors. Thus, sturdy growth potential in emerged economies is projected to produce attractive growth prospects over the prediction period.
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Key Segments of the Global Surgical Retractors Market
Product Type Overview, 2018-2028 (USD Million)
- Hand-held Retractors
- Self-retaining Retractors
- Table-mounted Retractors
- Others
Application Overview, 2018-2028 (USD Million)
- Abdominal Surgeries
- Cardiothoracic Surgeries
- Obstetric & Gynaecological Surgeries
- Orthopaedic Surgeries
- Cosmetic & Reconstructive Surgeries
- Others
End-users Overview, 2018-2028 (USD Million)
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Others
Regional Overview, 2018-2028 (USD Million)
- North America
- U.S.
- Canada
- Europe
- Germany
- United Kingdom
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
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