The Global Surgical Retractors Market size was valued at US$ 1.80 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 6.27% from 2022 to 2030. 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.
Some of the key players operating in the surgical retractors market are 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.
Companies Mentioned
- 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
- Others
Global Surgical Retractors Market, by Applications, 2020-2030 (Value US$ Mn and Volume No. of Units)
