Global Surgical Retractors Market, By Product Type (Hand Retractors, Self-Retaining Retractors, Table-Mounted Retractor, Wire Retractors, Finger Retractor and Ribbon Retractor), Design (Fixed or Flat Frame Retractors, Angled or Curved Frame Retractors and Blade or Elevated-Tipped Retractors), Product Usage (Tissue Handling and Dissection and Fluid Swabbing), Application (Abdominal Applications, Cardiothoracic Applications, Orthopaedic Applications, Obstetric and Gynaecological Applications, Urological Applications, Head, Neck and Spinal Applications, Aesthetic Surgical Applications and Others), End-User (Hospitals, Clinics and Surgical Centres, Ambulatory Care Centres and Maternity and Fertility Centres), Usage (Reusable and Disposable) – Industry Trends and Forecast to 2030.
Surgical Retractors Market Analysis and Size
The increasing demand for surgical procedures and innovations in the surgical devices technology will lead to the rise in demand for surgical retractors. Technological advancements in the surgical devices have fostered the growth and demand for surgical retractors. Rising prevalence of lifestyle disorders have led to the increase in the surgical procedures. This in turn has created a wider scope for the growth of surgical retractors market. Rising demand for cosmetic and reconstructive surgeries coupled with the rising geriatric population has further bolstered the market growth.
Data Bridge Market Research analyses that the Surgical Retractors market which was USD 2.01 billion in 2022, would rocket up to USD 3.62 billion by 2030, and is expected to undergo a CAGR of 6.72% during the forecast period. This indicates that the market value. “Hand Retractors” dominates the product segment of the surgical retractors market owing to an increase in the technological advancements in the surgical devices. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Surgical Retractors Market Scope and Segmentation
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Report Metric |
Details |
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Forecast Period |
2023 to 2030 |
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Base Year |
2022 |
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Historic Years |
2021 (Customizable to 2015-2020) |
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Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
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Segments Covered |
Product Type (Hand Retractors, Self-Retaining Retractors, Table-Mounted Retractor, Wire Retractors, Finger Retractor and Ribbon Retractor), Design (Fixed or Flat Frame Retractors, Angled or Curved Frame Retractors and Blade or Elevated-Tipped Retractors), Product Usage (Tissue Handling and Dissection and Fluid Swabbing), Application (Abdominal Applications, Cardiothoracic Applications, Orthopaedic Applications, Obstetric and Gynaecological Applications, Urological Applications, Head, Neck and Spinal Applications, Aesthetic Surgical Applications and Others), End-User (Hospitals, Clinics and Surgical Centres, Ambulatory Care Centres and Maternity and Fertility Centres), Usage (Reusable and Disposable) |
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Countries Covered |
U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of the Middle East and Africa |
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Market Players Covered |
Johnson & Johnson Services, Inc. (U.S.), CONMED Corporation (U.S.), BD (Becton, Dickinson and Company) (U.S.), Sklar Surgical Instruments (U.S.), Teleflex Incorporated (U.S.), BR Surgical (U.S.), Medtronic (Ireland),Olympus Corporation (Japan), CooperSurgical, Inc. (U.S.), DJO, LLC (U.S.), Terumo Corporation (Japan), Henry Schein, Inc. (U.S.), B. Braun Melsungen AG (Germany), Integra LifeSciences Corporation (U.S.), The Cooper Companies Inc. (U.S.), Thompson Surgical (U.S.), Globus Medical (U.S.), RTI Surgical (U.S.), Arthrex, Inc. (U.S.), MicroSurgical Technology (U.S.), among others |
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Market Opportunities |
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Market Definition
Surgical retractors are the medical instruments that are used during a surgical procedure to keep the area of incision or surgery open. In other words, the surgical retractors are used to keep the wounded area open and hold the wound while the surgical procedure is being performed. Surgical retractors are used to keep the organs and tissues from coming in the way of a surgical procedure. The instrument thus provides better visibility and helps to improve the efficiency of undertaking a surgery.
Surgical Retractors Market Dynamics
Drivers
- Rising Surgical Procedures
The global surgical retractors market is driven by the increasing number of surgical procedures worldwide. Surgical retractors are essential tools for various surgeries, and the growing demand for minimally invasive procedures further fuels this market
- Technological Advancements
Advances in surgical instruments and techniques have led to the development of more precise and ergonomic retractors. Surgeons now have access to innovative designs, materials, and features, enhancing their surgical capabilities
- Aging Population
The aging population requires more medical interventions, including surgeries. As older individuals are prone to various health issues, the demand for surgical procedures, and consequently, surgical retractors, is expected to rise
- Focus on Minimally Invasive Surgery
Surgeons and patients are increasingly opting for minimally invasive surgeries due to reduced post-operative pain and faster recovery times. This trend boosts the demand for specialized retractors designed for minimally invasive procedures
Opportunities
- Emerging Markets
Emerging economies are witnessing a surge in healthcare infrastructure development and medical tourism. This presents opportunities for market growth as more surgeries are performed in these regions
- Customization and Personalization
Tailoring retractors to meet specific surgical needs is an emerging trend. Companies can seize opportunities by offering customizable retractors that cater to individual surgeon preferences
Restraints/Challenges
- Cost Constraints
High-quality surgical retractors can be expensive. Budget constraints in healthcare facilities, particularly in low- and middle-income countries, may limit the adoption of advanced retractors
- Limited Access to Skilled Surgeons
The effectiveness of surgical retractors depends on the skills of the surgeon. In regions with a shortage of skilled surgical professionals, the market may face challenges
This surgical retractors market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Surgical Retractors market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth
Recent Development
- In April 2021, Ireland-based Medtronic plc partnered with Surgical Theater to offer the first augmented reality platform for use in real-time in the complex cranial system. This collaboration will facilitate neurosurgeons using AR technology in real-time to improve visualization during complex cranial processes
Global Surgical Retractors Market Scope
The surgical retractors market is segmented on the basis of product type, design, product usage, application, end-user and usage. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
Product Type
- Hand Retractors
- Self-Retaining Retractors
- Table-Mounted Retractor
- Wire Retractors
- Finger Retractor
- Ribbon Retractor
Design
- Fixed or Flat Frame Retractors
- Angled or Curved Frame Retractors
- Blade or Elevated-Tipped Retractors
Product Usage
- Tissue Handling
- Dissection
- Fluid Swabbing
Application
- Abdominal Applications
- Cardiothoracic Applications
- Orthopaedic Applications
- Obstetric and Gynaecological Applications
- Urological Applications
- Head, Neck and Spinal Applications
- Aesthetic Surgical Applications
- Others
End-User
- Hospitals
- Clinics and Surgical Centres
- Ambulatory Care Centres
- Maternity and Fertility Centres
Usage
- Reusable
- Disposable
Surgical Retractors Market Regional Analysis/Insights
The surgical retractors market is analysed and market size insights and trends are provided by product type, design, product usage, application, end-user and usage as referenced above.
The countries covered in the Surgical Retractors market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America accounts for the largest share in the surgical retractors market owing to the high demand for cosmetic and reconstructive surgeries. Also, increased research and development proficiencies along with the increased focus to improve the technology involved, the demand for surgical retractors in the region is bound to rise.
Asia-Pacific is expected to show a rapid and lucrative growth rate in the forecast period of 2023 to 2030 owing to increased awareness about the surgical retractors. Also, increase in the per capita expenditure that the demand for surgical procedures has risen.
The country section of the surgical retractors market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and up-stream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data. The surgical retractors market is analysed and market size insights and trends are provided by country, product, indication and end user as referenced above.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The surgical retractors market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for Surgical Retractors market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on Surgical Retractors market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Surgical Retractors Market Share Analysis
The surgical retractors market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to surgical retractors market.
Some of the major players operating in the surgical retractors market are:
- Johnson & Johnson Services, Inc. (U.S.)
- CONMED Corporation (U.S.)
- BD (Becton, Dickinson and Company) (U.S.)
- Sklar Surgical Instruments (U.S.)
- Teleflex Incorporated (U.S.)
- BR Surgical (U.S.)
- Medtronic (Ireland)
- Olympus Corporation (Japan)
- CooperSurgical, Inc. (U.S.)
- DJO, LLC (U.S.)
- Terumo Corporation (Japan)
- Henry Schein, Inc. (U.S.)
- B. Braun Melsungen AG (Germany)
- Integra LifeSciences Corporation (U.S.)
- The Cooper Companies Inc. (U.S.)
- Thompson Surgical (U.S.)
- Globus Medical (U.S.)
- RTI Surgical (U.S.)
- Arthrex, Inc. (U.S.)
- MicroSurgical Technology (U.S.)
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