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The Surgical Retractors Market Size is valued at USD 1.98 Billion in 2023 and is predicted to reach 3.34 Billion by the year 2031 at a 6.93% CAGR during the forecast period for 2024-2031.
Surgical retractors are mainly used to separate the edges of surgical incisions or wounds by surgeons and operating room professionals during the surgical procedure. These retractors also aid in holding the back underlying organs or tissues. They are available in different shapes and sizes. Depending on surgery needs, healthcare professionals select a suitable type of retractor.
The increasing surgical operations, technological advancements in the surgical equipment sector, rising incidences of cancer and cardiovascular diseases, and increasing healthcare expenditures are the key driving factors of the surgical retractors market. Additionally, the availability of newly modified surgical retractors further fuels the market growth. Manufacturers are focusing on developing advanced, application-specific surgical retractors. Therefore, continuous improvement and availability of superior quality products in the market are expected to enhance the adoption of surgical retractors during the forecast period. However, the high cost of products and poor reimbursement policies for surgical treatments may limit the market growth.
The surgical retractors market is classified based on the products, applications, types, end-users, and region. The product segment comprises an abdominal retractor, finger retractor, nerve retractor, orthopedic retractor, rectal retractor, thoracic retractor, ribbon retractor, and others. The orthopedic retractors segment is expected to dominate this market in the near future due to the rising chronic diseases and geriatric population. In terms of applications, the market is categorized into neurosurgery, wound closure, reconstructive surgery, cardiovascular, orthopedic, obstetrics and gynecology (ob/gyn), and others.
The ob/gyn segment is anticipated to hold a significant share in the coming days, attributed to the increasing cesarean surgeries and the high prevalence of gynecological disorders. By types, the market is classified into handheld and self-retaining. The self-retaining segment is expected to proliferate over the forecast years due to its easy handling and storage. The market comprises hospitals, ambulatory surgical centers, and clinics based on end-users. The hospital end-user segment is projected to dominate this market over the forecast years owing to the increasing number of surgeons and surgical operations. Geographically, the market is studied across North America, Europe, Asia-Pacific, Latin America, and the Middle East, and Africa.
North America is expected to maintain the highest market share in the coming years, followed by Europe. It can be attributed to the high prevalence of chronic diseases, fast adoption of advanced surgical technologies, the presence of key players, and their increasing collaborations to improve R&D activities in this region.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 1.98 Billion |
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Revenue Forecast In 2031 |
USD 3.34 Billion |
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Growth Rate CAGR |
CAGR of 6.93% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Billion and volume (Number of Units) 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
Product, Application, Type, End-User |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ;The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
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Competitive Landscape |
Medtronic Plc, Becton, Dickinson and Company, Medical Devices Business Services, Inc., Teleflex Incorporated, Medline Industries, Inc, Braun Melsungen AG (Aesculap, Inc.), Applied Medical, Resources Corporation, Thompson Surgical, Ansabere Surgical SL, Innomed, Inc., LiNA Medical ApS, Vivo Surgical Private Limited, BVI, CooperSurgical Inc., Stryker Corporation, Mediflex Surgical Products, Applied Medical Technology, Inc, Changzhou Haiers Medical Devices Co., Ltd., Titan Instruments , Ackermann Instrumente , AIIM, Alphatec Spine , ARCA-MEDICA, Arthrex, Chamfond Biotech, Condor MedTec GmbH, Dewimed Medizintechnik, DTR Medical , GIMMI , Globus Medical, HankilTech Medical, Holtex , HUIDAMED, jac-cell Medic, K2M , Kirwan Surgical Products , Laschal Surgical, Inc., Life Spine, Medicta Instruments, Mediflex Surgical Products, MESTRA Talleres Mestraitua, S.L., Microcure Medical, Mopec Europe, Moria Surgical, Precision Spine , Sklar Instruments , SOFEMED International , Spineology , SURTEX INSTRUMENTS LTD , SybronEndo , Synergetics , TeDan Surgical Innovations , Transact International , Wallach Surgical Devices, and Others |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Surgical Retractors Market Snapshot
Chapter 4. Global Surgical Retractors Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Industry Analysis – Porter’s Five Forces Analysis
4.6. Competitive Landscape & Market Share Analysis
4.7. Key Trends in the Market
4.8. COVID 19 Impact Analysis
Chapter 5. Surgical Retractors Market Segmentation 1: By Types Estimates & Trend Analysis
5.1. By Products & Market Share, 2023 & 2031
5.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Products:
5.2.1. Abdominal Retractor
5.2.2. Finger Retractor
5.2.3. Nerve Retractor
5.2.4. Orthopedic Retractor
5.2.5. Rectal Retractor
5.2.6. Thoracic Retractor
5.2.7. Ribbon Retractor
5.2.8. Other Products
Chapter 6. Surgical Retractors Market Segmentation 2: By Applications Estimates & Trend Analysis
6.1. By Applications & Market Share, 2023 & 2031
6.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Applications:
6.2.1. Neurosurgery
6.2.2. Wound Closure
6.2.3. Reconstructive Surgery
6.2.4. Cardiovascular
6.2.5. Orthopedic
6.2.6. Obstetrics and Gynecology (Ob/Gyn)
6.2.7. Other Applications
Chapter 7. Surgical Retractors Market Segmentation 3: By Types Estimates & Trend Analysis
7.1. By Types Analysis & Market Share, 2023 & 2031
7.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2019 to 2031 for the following By Types:
7.2.1. Handheld
7.2.2. Self-retaining
Chapter 8. Surgical Retractors Market Segmentation 4: By Types Estimates & Trend Analysis
8.1. By Types Analysis & Market Share, 2023 & 2031
8.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2019 to 2031 for the following By End-Users:
8.2.1. Hospitals
8.2.2. Ambulatory Surgical Centers
8.2.3. Clinics
Chapter 9. Surgical Retractors Market Segmentation 5: Regional Estimates & Trend Analysis
9.1. North America
9.1.1. North America Surgical Retractors Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts By Products, 2024-2031
9.1.2. North America Surgical Retractors Market revenue (US$ Million) estimates and forecasts By Applications, 2024-2031
9.1.3. North America Surgical Retractors Market revenue (US$ Million) estimates and forecasts By Types, 2024-2031
9.1.4. North America Surgical Retractors Market revenue (US$ Million) estimates and forecasts by country, 2024-2031
9.1.4.1. U.S.
9.1.4.2. Canada
9.2. Europe
9.2.1. Europe Surgical Retractors Market revenue (US$ Million) and volume (No. of Units) By Products, 2024-2031
9.2.2. Europe Surgical Retractors Market revenue (US$ Million) estimates and forecasts By Applications, 2024-2031
9.2.3. Europe Surgical Retractors Market revenue (US$ Million) By Types, 2024-2031
9.2.4. Europe Surgical Retractors Market revenue (US$ Million) by country, 2024-2031
9.2.4.1. Germany
9.2.4.2. Poland
9.2.4.3. France
9.2.4.4. Italy
9.2.4.5. Spain
9.2.4.6. UK
9.2.4.7. Rest of Europe
9.3. Asia Pacific
9.3.1. Asia Pacific Surgical Retractors Market revenue (US$ Million) and volume (No. of Units) By Products, 2024-2031
9.3.2. Asia Pacific Surgical Retractors Market revenue (US$ Million) estimates and forecasts By Applications, 2024-2031
9.3.3. Asia Pacific Surgical Retractors Market revenue (US$ Million) By Types, 2024-2031
9.3.4. Asia Pacific Surgical Retractors Market revenue (US$ Million) by country, 2024-2031
9.3.4.1. China
9.3.4.2. India
9.3.4.3. Japan
9.3.4.4. Australia
9.3.4.5. Rest of Asia Pacific
9.4. Latin America
9.4.1. Latin America Surgical Retractors Market revenue (US$ Million) and volume (No. of Units) By Products, 2024-2031
9.4.2. Latin America Surgical Retractors Market revenue (US$ Million) estimates and forecasts By Applications, 2024-2031
9.4.3. Latin America Surgical Retractors Market revenue (US$ Million) By Types, 2024-2031
9.4.4. Latin America Surgical Retractors Market revenue (US$ Million) by country, 2024-2031
9.4.4.1. Brazil
9.4.4.2. Rest of Latin America
9.5. MEA
9.5.1. MEA revenue Surgical Retractors Market revenue (US$ Million) and volume (No. of Units) By Products, 2024-2031
9.5.2. MEA Surgical Retractors Market revenue (US$ Million) estimates and forecasts By Applications, 2024-2031
9.5.3. MEA revenue Surgical Retractors Market revenue (US$ Million) By Types, 2024-2031
9.5.4. MEA revenue Surgical Retractors Market revenue (US$ Million) by country, 2024-2031
9.5.4.1. South Africa
9.5.4.2. Rest of MEA
Chapter 10. Competitive Landscape
10.1. Major Mergers and Acquisitions/Strategic Alliances
10.2. Company Profiles
10.2.1. Medtronic Plc
10.2.2. Becton, Dickinson and Company
10.2.3. Medical Devices Business Services, Inc.
10.2.4. Teleflex Incorporated
10.2.5. Medline Industries, Inc
10.2.6. Braun Melsungen AG (Aesculap, Inc.)
10.2.7. Applied Medical Resources Corporation
10.2.8. Thompson Surgical
10.2.9. Ansabere Surgical SL
10.2.10. Innomed, Inc.
10.2.11. LiNA Medical ApS
10.2.12. Vivo Surgical Private Limited
10.2.13. BVI
10.2.14. CooperSurgical Inc.
10.2.15. Stryker Corporation
10.2.16. Mediflex Surgical Products
10.2.17. Applied Medical Technology, Inc
10.2.18. Changzhou Haiers Medical Devices Co., Ltd.
10.2.19. List of Other Prominent Players
10.2.19.1. A. Titan Instruments
10.2.19.2. Ackermann Instrumente
10.2.19.3. AIIM
10.2.19.4. Alphatec Spine
10.2.19.5. ARCA-MEDICA
10.2.19.6. Arthrex
10.2.19.7. Chamfond Biotech
10.2.19.8. Condor MedTec GmbH
10.2.19.9. Dewimed Medizintechnik
10.2.19.10. DTR Medical
10.2.19.11. GIMMI
10.2.19.12. Globus Medical
10.2.19.13. HankilTech Medical
10.2.19.14. Holtex
10.2.19.15. HUIDAMED
10.2.19.16. jac-cell Medic
10.2.19.17. K2M
10.2.19.18. Kirwan Surgical Products
10.2.19.19. Laschal Surgical, Inc.
10.2.19.20. Life Spine
10.2.19.21. Medicta Instruments
10.2.19.22. Mediflex Surgical Products
10.2.19.23. MESTRA Talleres Mestraitua, S.L.
10.2.19.24. Microcure Medical
10.2.19.25. Mopec Europe
10.2.19.26. Moria Surgical
10.2.19.27. Precision Spine
10.2.19.28. Sklar Instruments
10.2.19.29. SOFEMED International
10.2.19.30. Spineology
10.2.19.31. SURTEX INSTRUMENTS LTD
10.2.19.32. SybronEndo
10.2.19.33. Synergetics
10.2.19.34. TeDan Surgical Innovations
10.2.19.35. Transact International
10.2.19.36. Wallach Surgical Devices
Global Surgical Retractors Market, by Products, (Value US$ Mn and Volume No. of Units)
Global Surgical Retractors Market, by Applications, (Value US$ Mn)
Global Surgical Retractors Market, by Types, (Value US$ Mn)
Global Surgical Retractors Market, by End-Users, (Value US$ Mn)
Global Surgical Retractors Market, by Region, (Value US$ Mn and Volume No. of Units)
North America Surgical Retractors Market, by Country, (Value US$ Mn and Volume No. of Units)
Europe Surgical Retractors Market, by Country, (Value US$ Mn and Volume No. of Units)
Asia Pacific Surgical Retractors Market, by Country, (Value US$ Mn and Volume No. of Units)
Latin America Surgical Retractors Market, by Country, (Value US$ Mn and Volume No. of Units)
Middle East & Africa Surgical Retractors Market, by Country, (Value US$ Mn and Volume No. of Units)
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
