Surgical Retractors Market
Surgical Retractors Market Size, Share & Trends Analysis Report by Type (Hand Retractor, Self-Retaining Retractors, and Others), by Application (Orthopedic Retractors, Abdominal Retractors, Cardiothoracic Retractors, and Obstetric or Gynecological Retractors), and by End-User (Hospitals and Ambulatory Surgical Centers) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Surgical retractors market is anticipated to grow at a significant CAGR of 6.3% during the forecast period. The increasing number of cases of trauma injuries, and hip and knee replacement procedures are the key factor driving market growth across the globe. For instance, in 2020, as per the report published by American Joint Replacement Registry (AJRR), approximately 2 million hip and knee procedures were performed in the US. There was 24.4% overall cumulative procedural volume growth observed in comparison to the previous year 2019. Thus, owing to the increasing number of such cases the demand for its treatment is growing that in turn requires more surgical reactors and through which the market is growing further. However, stringent regulatory policies and low reimbursement scenarios are factors that are hampering the market growth. Wherever rapid modernization in their healthcare facilities in the emerging markets is creating opportunities for the surgical reactors market.
Segmental Outlook
The global surgical retractors market is segmented based on the type, application, and end-user. On the basis of type, the market is segmented into hand retractors, self-retaining retractors, and others. Based on the application, the market is sub-divided into orthopedic retractors, abdominal retractors, cardiothoracic retractors, and obstetric or gynecological retractors. On the basis of the end-user, the market is segmented into hospitals and ambulatory surgical centers. Among the type segment, Self-Retaining Retractors are witnessing the fastest growth in the market due to widely used reactors as these reactors no require assistance, and allow less crowding is a key factor driving the segment growth. This reactor also has its beneficial properties such as the decreased risk of infection, and adequate exposure to the surgical site, and among others these are factors that are driving segmental growth in the surgical l reactor market.
The orthopaedic retractors segment is anticipated to hold a prominent share in the market owing to, the growing number of orthopedic procedures coupled with increasing road accidents across the globe is a key factor driving segmental growth. Moreover, the increasing innovation and advancements in the product by key players to improve product quilty and to remain competitive in the market are other factors driving the growth of the market. For instance, in June 2022, Sure Retractors unveiled new cervical and mini-open retractor at Becker's Healthcare 19th Annual Spine, Orthopedic and Pain Management-Driven ASC Conference. The newly developed devices are single-use retractor that supports practices, including maximizing surgical volume and improving operating room efficiency among others. Increasing hip and knee replacement procedures are other factors attributed to which the segment is growing in the surgical reactors market during the forecast period.
Regional Outlooks
The global surgical retractors market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East &Africa, and Latin America. North America is expected to hold a prominent the market due to the increasing and fast adoption of technologically advanced medical devices such factors driving the market growth.
Global Surgical Retractors Market Growth, by Region 2022-2028
The Asia-Pacific Region is Fastest Growing in the Global Surgical Retractors Market
The region is witnessing the fastest growth in the market owing to, an increase in surgical procedures, improving and developing healthcare infrastructure, and growing technological advancement in the field of new device development and the training of surgeons are such key factors that are driving the market growth. For instance, in June 2022, NuVasive, Inc., started its Singapore Experience Center for the Asia-Pacific region, to globalize its business. This new center supports premier surgeon education to advance less-invasive surgery and integrate enabling technology. The new center is developed to increase surgeon training and education in the Asia-Pacific region. Other factors that contribute to the market growth are the increasing geriatric population in the region that are more prone to injuries and chronic conditions and among others owing to which the demand for surgical retractors is increasing.
Market Players Outlook
The major companies serving the global surgical retractors market include B. Braun Melsungen AG, Becton Dickinson, and Co, CONMED Corp., Globus Medical Inc, Integra Lifesciences Corp., Medtronic Plc, Stryker, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, geographical expansions, partnerships, product launches, and collaborations, to stay competitive in the market. For instance, in December 2020, JUNE Medical and Vivo Surgical under the partnership launched the Galaxy II LUX self-retaining ring retractor that gives surgeons better access and a clearer view of the surgical site. The new devices combine JUNE Medical's Galaxy II retractor with Vivo Surgical's KLARO light via a purpose-designed clip.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global surgical retractors market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. B. Braun Melsungen AG
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. CONMED Corp.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Integra LifeSciences Corp.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Medtronic Plc
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Stryker Inc.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Surgical Retractors Market by Type
4.1.1. Hand Retractor
4.1.2. Self-Retaining Retractors
4.1.3. Others (Table-mounted Retractors, and Wire Retractors)
4.2. Global Surgical Retractors Market by Application
4.2.1. Orthopaedic Retractors
4.2.2. Abdominal Retractors
4.2.3. Cardiothoracic Retractors
4.2.4. Obstetric or Gynaecological Retractors
4.3. Global Surgical Retractors Market by End-User
4.3.1. Hospitals
4.3.2. Ambulatory Surgical Centers
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Aparito Ltd.
6.2. Applied Medical Resources Corp.
6.3. Arthrex, Inc.
6.4. A. Titan Instruments
6.5. ATEC Spine, Inc.
6.6. Becton, Dickinson and Co.
6.7. BR SURGICAL, LLC
6.8. Cook Group Inc.
6.9. CooperSurgical, Inc.
6.10. Globus Medical Inc.
6.11. Halma plc
6.12. Henry Schein, Inc.
6.13. Innomed, Inc
6.14. LiNA Medical ApS
6.15. Mediflex
6.16. obp Surgical Corp
6.17. Olympus
6.18. Sklar Instruments
6.19. Teleflex Inc.
6.20. Terumo Cardiovascular Systems Corp.
6.21. Thompson Surgical Instruments
1. GLOBAL SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL SURGICAL HAND RETRACTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL SURGICAL SELF-RETAINING RETRACTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL OTHER SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
6. GLOBAL SURGICAL RETRACTORS IN ORTHOPAEDIC RETRACTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL SURGICAL RETRACTORS IN ABDOMINAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL SURGICAL RETRACTORS IN CARDIOTHORACIC RETRACTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL SURGICAL RETRACTORS IN OBSTETRIC OR GYNAECOLOGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
11. GLOBAL SURGICAL RETRACTORS FOR HOSPITALS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL SURGICAL RETRACTORS FOR AMBULATORY SURGICAL CENTERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. NORTH AMERICAN SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
15. NORTH AMERICAN SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
16. NORTH AMERICAN SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
17. NORTH AMERICAN SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
18. EUROPEAN SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. EUROPEAN SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
20. EUROPEAN SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
21. EUROPEAN SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
25. ASIA-PACIFIC SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
26. REST OF THE WORLD SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. REST OF THE WORLD SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
29. REST OF THE WORLD SURGICAL RETRACTORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2021-2028 ($ MILLION)
1. GLOBAL SURGICAL RETRACTORS MARKET SHARE BY TYPE, 2021 VS 2028 (%)
2. GLOBAL SURGICAL HAND RETRACTORS MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL SURGICAL SELF-RETAINING RETRACTORS MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL OTHER SURGICAL RETRACTORS MARKET SHARE BY REGION, 2021 VS 2028 (%)
5. GLOBAL SURGICAL RETRACTORS MARKET SHARE BY APPLICATION, 2021 VS 2028 (%)
6. GLOBAL SURGICAL RETRACTORS IN ORTHOPAEDIC RETRACTORS MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL SURGICAL RETRACTORS IN ABDOMINAL RETRACTORS MARKET SHARE BY REGION, 2021 VS 2028 (%)
8. GLOBAL SURGICAL RETRACTORS IN CARDIOTHORACIC RETRACTORS MARKET SHARE BY REGION, 2021 VS 2028 (%)
9. GLOBAL SURGICAL RETRACTORS IN OBSTETRIC OR GYNAECOLOGICAL RETRACTORS MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL SURGICAL RETRACTORS MARKET SHARE BY END-USER, 2021 VS 2028 (%)
11. GLOBAL SURGICAL RETRACTORS FOR HOSPITALS MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL SURGICAL RETRACTORS FOR AMBULATORY SURGICAL CENTERS MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. GLOBAL SURGICAL RETRACTORS MARKET SHARE BY REGION, 2021 VS 2028 (%)
14. US SURGICAL RETRACTORS MARKET SIZE, 2021-2028 ($ MILLION)
15. CANADA SURGICAL RETRACTORS MARKET SIZE, 2021-2028 ($ MILLION)
16. UK SURGICAL RETRACTORS MARKET SIZE, 2021-2028 ($ MILLION)
17. FRANCE SURGICAL RETRACTORS MARKET SIZE, 2021-2028 ($ MILLION)
18. GERMANY SURGICAL RETRACTORS MARKET SIZE, 2021-2028 ($ MILLION)
19. ITALY SURGICAL RETRACTORS MARKET SIZE, 2021-2028 ($ MILLION)
20. SPAIN SURGICAL RETRACTORS MARKET SIZE, 2021-2028 ($ MILLION)
21. REST OF EUROPE SURGICAL RETRACTORS MARKET SIZE, 2021-2028 ($ MILLION)
22. INDIA SURGICAL RETRACTORS MARKET SIZE, 2021-2028 ($ MILLION)
23. CHINA SURGICAL RETRACTORS MARKET SIZE, 2021-2028 ($ MILLION)
24. JAPAN SURGICAL RETRACTORS MARKET SIZE, 2021-2028 ($ MILLION)
25. SOUTH KOREA SURGICAL RETRACTORS MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF ASIA-PACIFIC SURGICAL RETRACTORS MARKET SIZE, 2021-2028 ($ MILLION)
27. REST OF THE WORLD SURGICAL RETRACTORS MARKET SIZE, 2021-2028 ($ MILLION)
