Reports Coverage
Surgical Retractors Market Key Insights
Surgical Retractors Market Analysis by Regions
Surgical Retractors Market Analysis by Segments
Surgical Retractors Market Size (current and future)
Surgical Retractors Market Competitive Benchmarking
2 years ago
Global Surgical Retractors Market is valued at approximately USD 1.5 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 3.6% over the forecast period 2020-2027. Surgical retractor is a type of surgical instruments which are actively used during the surgical procedure performed by the surgeon. They are also recognized as a surgical detractor, and these instruments...
Surgical retractors are medical devices used to keep a wound open during surgery. They are available in various sizes and shapes and can be attached to the end of a surgical instrument. Surgical retractors assist surgeons in avoiding excessive tissue damage by keeping the wound open during surgery. Surgical retractors are essential tools used in a variety of surgical procedures. In addition, they help keep organs in place during surgery, preventing the surgical team from pulling them out.
The global surgical retractor market will grow at a **% CAGR from 2018 to 2031. Factors driving the market include increased adoption of minimally invasive surgeries, increased demand for precision, and improved surgical safety measures.
Because of higher adoption rates for minimally invasive surgeries and rising demand from healthcare providers across the region, North America dominated the global surgical retractor market in 2018. However, the Asia Pacific region is expected to witness the highest growth rate during the forecast period owing to the increasing prevalence of spinal cord injuries and rising demand for minimally invasive surgery in various geographies such as India, China, and Southeast Asia.
Open surgery, used for procedures such as heart surgeries and joint replacements, is another application for surgical retractors. Open surgery necessitates using more comprehensive tools, which can cause damage to surrounding tissues if not properly retracted after insertion into the body. As laparoscopic surgery spreads worldwide over the next five years, surgeons will likely use surgical retractors more often during open surgery.
There are three types of surgical retractors on the market: manual, powered, and hybrid. Because of their ease of use and low cost, manual retractors are the most popular type. Powered retractors are more advanced, with features like variable speed control and laser guidance, making them more popular in hospitals. Finally, hybrid retractors combine manual and powered functions into a single unit, increasing their versatility and usability.
Baxter International Inc., Becton, Dickinson, and Company (BD), Coloplast AB, Conmed Corporation, Medtronic Plc., Olympus Corporation, Smith & Nephew plc., and Vascular Solutions AG is the market's major players.
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