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Surgical Retractor Market Revenues, Future Growth and Outlook, 2017–2025

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Title: Surgical Retractor Market Revenues, Future Growth and Outlook, 2017–2025


1
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Surgical Retractor
Market. Surgical Retractor Market Insights The
Surgical Retractor Market is expected to grow at
a significant CAGR during the forecast period.
Factors such as technological advancement, rising
pervasiveness of lifestyle disorders because of
which presence of various risk factors
(hypertension, obesity, diabetes, cancer has led
to high occurrence rate for cardiovascular
diseases. This could be the reason for the
increase in volumes of surgeries, coupled with
increased per capita health care expenditure,
could be some of the key factors which have
forced people to undergo various treatments and
surgeries, thereby driving the demand for and
usage of Surgical Retractors. Another major
factor that drives the growth of surgical
retractor market is the increasing availability
of cutting-edge diagnosis and treatment
facilities and less invasive procedures that led
to the better quality of life. The major benefit
of Surgical Retractor is to provide better
exposure and safety for the patient. It also
eases the task of surgeons and doctors. Some
barriers hindering the growth of the surgical
retractor market are difficulties associated
with the minimally invasive spinal surgery such
as nerve injury related to insufficient
picturing during decompression is anticipated to
hamper the market growth. The decrease in
compensations for minimally invasive spine
procedures over an open spine procedure might
hinder the growth of the market.
Surgical Retractor Market By Type On the basis
of type, the surgical retractor market can be
classified into two basic types Hand-held
Retractors (Manual) and Self Retraining
Retractors (stay open on their own). Hand
Retractors are used manually thus needs an
assistant, a robot or the surgeon during a
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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS procedure. Whereas Self Retaining
Retractors are equipped with ratchet, screw or
some type of clamp to hold the tissue itself
allowing the surgeon to operate with both his
free hands. Some of the common Handheld
Retractors are Senn, Army- Navy, Ribbon, Hohmann,
farabeuf, meyerding, Deaver and Richardson. Some
of the common self-retaining retractors are
weitlaner, Balfour abdominal retractor,
finochietto rib retractor, hip retractor system,
and gelpi. The list of the surgical Retractor is
enormous when considered the whole body from the
head, neck, arms, torso, legs and all the major
organs, tissues, and cells. Surgical Retractor
Market By Product In the past year, a major
share of the market in the surgical retractor
market was held by Orthopedic Retractor. The
possible reason behind this could be the increase
in the elderly population. Elder population is
more susceptible to hip and knee arthritis. The
major factor for the increase in the prevalence
of global physical disability is pain resulting
from hip and knee arthritis, known as
musculoskeletal pain. According to the study
conducted in CDC (Center for Disease Control and
Prevention), there is a very high number of adult
population in the U.S. who are affected by
arthritis. Obesity could be another factor which
is driving the market for surgical retractor
system. With the increase in per capita,
healthcare expenditure coupled with the rise in
public concern in developed regions regarding
the problems related to obesity has been an
important factor contributing to the growth of
this segment. Surgical Retractor Market By
Application The Surgical Retractor Market can
be segmented based on the applications into neuro
surgery, wound closure, reconstructive surgery,
cardiovascular, orthopedic, obstetrics and
gynecology. Surgery can be further classified
into the nervous system, orthopedic, digestive
system and others. Surgeons and doctors use these
retractors for cutting and dissecting, clamping
and occluding, retracting and exposing and for
grasping and holding. It is anticipated from the
study that the market for neurosurgery segment
could grow at an increasing pace during the
forecast period. Continuous technological
advancement has led to the availability of the
instruments, coupled with increased investment in
medical devices and equipment by various
healthcare facilities, could boost the growth of
segment in near future. Moreover, increasing
awareness of the benefits of regular check-ups
has led to an increase in surgeries, thereby
advancing the usage of retractors in this
particular segment. Surgical Retractor Market
By End User More than half of the market share
for surgical retractor is held by hospitals, the
possible and key contribution in the leading
share of this particular segment could be the
increased volume
3
GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS of
operating procedures in hospitals. With the
economic as well as social development of
regions like the Asia Pacific, Middle East, and
Africa the demand for healthcare facilities have
also increased. In order to meet the demands of
various initiatives as well as investments are
done by both the public and a private party for
the improvement of healthcare infrastructure. Si
gnificant growth in the ambulatory surgery
centers segment is expected. It is anticipated
that the growth of this segment is because of the
rise in preference for robot-assisted surgeries
and minimally invasive surgeries. Rising
awareness of the benefits of regular checkups
will further boost the segment in developing
countries. Surgical Retractor Market Regional
Insights North America is expected to dominate
the market for a surgical retractor, with the
U.S. contributing its majority share. The
regions dominance can be attributed to the
various factors one of them being a High disease
prone area, heart disease is the main cause of
high mortality rate in the U.S., among both men
and women. The high adoption rate of
technologies and growing innovation is expected
to drive the surgical retractor market. Numerous
collective efforts by the key players to improve
their RD skills and guarantee high-quality
morals are expected to boost demand for
retractors across this region. The Asia Pacific
market for surgical retractors is projected to
grow at a substantial rate during the coming
years owing to the investments by prominent
players and efforts to commercialize their
products at a relatively affordable price.
Increased per capita expenditure coupled with
growing healthcare infrastructure will further
boost the regional market.
4
GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Surgical Retractor Market End-Use
Landscape The end-use landscape entails a list
of current and prospective consumers prevailing
across the regions. This section provides
company addresses, contact details, products, and
regional presence of companies who are
purchasing or are likely to purchase surgical
retractors over the coming years. Some companies
likely to purchase surgical retractors in the
coming years are Senn and Beckman, Weitlaner,
Cook Medical, and others. Surgical Retractor
Market Vendor Landscape The report contains a
chapter dedicated to vendors operating in the
market, covering raw material manufactures,
equipment developers, manufacturers, and
distributors. The report provides these insights
on a regional level. This section of the report
entails contact details, experience, products
manufactured/supplied, and geographical presence
of companies. Surgical Retractors Market Share
Competitor Analysis Some of the key players
operating in the Surgical Retractor Market are
Becton Dickinson and Company, Aesculap, Inc.,
Bausch Lomb, Inc., Alcon Laboratories, Inc., BR
Surgical, CONMED Corporation, Centurion Medical
Products, Cook Medical, Ethicon, Inc., Cooper
Surgical, Olympus America Inc. and Medtronic
PLC. In March 2017, Ethicon, a subsidiary of
Johnson Johnson, announced the acquisition of
Torax Medical, Inc. This acquisition is aligned
with the companys strategy of expanding its
minimally invasive surgery product portfolio. In
October 2017, QSpine, a U.K. based manufacturer
launched SURE, an illuminated, modular, and
single-use surgical retractor. In December 2016,
Mediflex launched its original technology
Flexguard Blade Cushion. This technology has
increased the safety of patient as it is a
disposable and antiseptic attachment designed
for retractor blades.
5
GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
  • The report segments the Surgical Retractor Market
    on the basis of
  • By Type
  • Hand Retractors
  • Self Retaining Retractors
  • By Product
  • Abdominal Retractor
  • Finger Retractor
  • Nerve Retractor
  • Orthopedic Retractor
  • Rectal Retractor
  • Thoracic Retractor
  • Ribbon Retractor
  • By Application

6
GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
  • By Region
  • North America
  • Europe
  • Asia Pacific
  • Central South America
  • Middle East Africa

This article contains text from the Surgical
Retractor Market Forecast to 2025 report For
more information or to buy the report, please
visit https//www.globalmarketestimates.com/surgi
cal- retractor-market/ Check our annual
research partnership service at https//www.glob
almarketestimates.com/annual-research-partnership-
services/
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