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Surgical Retractors Market to Reach US$ 2787.7 Million at a CAGR of 6.6% by 2028 | Medtronic Plc, Becton, Dickinson and Company, Medical Devices Business Services, Inc.

September 28th, 2022 Coherent Market Insights Releases

Overview

Surgical retractors are a very popular choice for patients who undergo various types of surgeries. Surgical Retractors can be used to perform complex procedures. They can be used in a wide variety of settings, including orthopedic, dental, and gynecological care. The market for surgical retractors is highly competitive and fragmented. Companies competing in the market are focusing on new product launches, innovation, and geographic expansion.

A major feature of a surgical retractor is its ability to hold tissue in place. A single-use cordless retractors can be used for a single-abdominal incision. A retractors may also feature an illuminator to aid in the treatment of wounds during surgeries. Many surgeons will use multiple retractors during the course of their career, which will result in a higher volume of surgeries performed in hospitals.

The global surgical retractors market is expected to record a CAGR of 6.6% during 2021-2028 and was estimated to be valued at US$ 1779.3 million.

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Global Surgical Retractors Market: Drivers

Increasing number of caesarean section procedures is expected to propel growth of the global surgical retractors market over the forecast period. For example, in 2018, around 1.4 million caesarean sections procedures were carried out in Europe, according to Eurostat, European statistics.

Moreover, increasing geriatric population is also expected to propel growth of the global surgical retractors market over the forecast period. For example, according to the World Health Organization, geriatric population is expected to reach 2 billion by 2050, up from 900 million in 2015.

Market Trends

Major players operating in the global surgical retractors market are focused on approval and launch of new products to expand their product portfolio. For example, Healthcare Global Enterprises, in 2017, launched ‘Ravi Retractors’, a new retractor used to perform neck dissections.

Covid-19 Impact Analysis

The emergence of Covid-19 saw decrease in the number of surgeries. The total number of knee arthoplasty procedures performed worldwide during March 4, 2020 and October 15, 2020, decreased by 43.86% as compared to the number of knee arthroplasties conducted during March 4, 2019 and October 15, 2019, according to a study published in MDPI in April 2021.

Global Surgical Retractors Market: Competitive Landscape

Major players operating in the global surgical retractors market include, Applied Medical Technology, Inc., B. Braun Melsungen AG, Becton, Dickinson and Company, BVI, CooperSurgical Inc., Changzhou Haiers Medical Devices Co., Ltd., Innomed, Inc., LiNA Medical ApS, Medline Industries, Inc., Medtronic Plc, Mediflex Surgical Products, Medical Devices Business Services, Inc., Stryker Corporation, Teleflex Incorporated, Thompson Surgical, and Vivo Surgical Private Limited.

Global Surgical Retractors Market: Key Developments

Major players operating in the global surgical retractors market are focused on adopting various strategies to enhance their market share. For example, Advanced Surgical Retractor Systems, in August 2021, announced the first exploratory laparotomy with the new TITAN CSR.

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Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Surgical Retractors Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Surgical Retractors Industry Impact

Chapter 2 Global Surgical Retractors Competition by Types, Applications, and Top Regions and Countries
2.1 Global Surgical Retractors (Volume and Value) by Type
2.3 Global Surgical Retractors (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global Surgical Retractors Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Surgical Retractors Market Analysis
Chapter 6 East Asia Surgical Retractors Market Analysis
Chapter 7 Europe Surgical Retractors Market Analysis
Chapter 8 South Asia Surgical Retractors Market Analysis
Chapter 9 Southeast Asia Surgical Retractors Market Analysis
Chapter 10 Middle East Surgical Retractors Market Analysis
Chapter 11 Africa Surgical Retractors Market Analysis
Chapter 12 Oceania Surgical Retractors Market Analysis
Chapter 13 South America Surgical Retractors Market Analysis
Chapter 14 Company Profiles and Key Figures in Surgical Retractors Business
Chapter 15 Global Surgical Retractors Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology

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About US

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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