Surgical Retractor Market Projected to Grow Expeditiously: to Attain USD 3.0 Billion by 2026, Report

The surgical retractor market accounted for $2,689 million in 2018, and is expected to reach $3,656 million by 2026, registering a CAGR of 3.9% from 2019 to 2026.

Surgical retractors play a crucial role in many surgical procedures by keeping incisions open, providing surgeons with clear access to organs. They come in various types such as hand retractors, self-retaining retractors, and wire retractors. Hand retractors are held by surgeons, while self-retaining retractors offer hands-free operation. These instruments facilitate a clear view of the surgical site or organ being operated on, ensuring efficient and precise surgeries.

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Surgical Retractor Market Segmentation

By Product Type	Hand Retractor Self-Retaining Retractors Table-mounted Retractors Wire Retractors
By Application	Abdominal Surgeries Cardiothoracic Surgeries Orthopedic Surgeries Obstetric & Gynecological Surgeries Other

Drivers, restraints and opportunities–

The global surgical retractor market is witnessing significant growth driven by rising healthcare expenditure, a surge in chronic medical conditions, and an increase in surgical procedures worldwide. Moreover, the substantial presence of the geriatric population has further fueled market expansion. However, the high cost of surgical procedures acts as a barrier to market growth. Nonetheless, untapped potential in developing economies is anticipated to create lucrative opportunities in the foreseeable future.

Key Findings of the Study:

• Hand retractors accounted for approximately one-third share of the market in 2018.
• North America accounted for approximately half the share of the market share in 2018, and is expected to maintain this trend throughout the forecast period.
• The cardiothoracic surgeries segment is anticipated to grow at fastest CAGR from 2019 to 2026.
• The self-retaining retractors segment is expected to grow at a fastest CAGR during the forecast period.

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Key Benefits for Stakeholders:

• This report entails a detailed quantitative analysis along with the current global surgical retractor market trends from 2018 to 2026 to identify the prevailing opportunities along with the strategic assessment.
• The surgical retractor market forecast is studied from 2019 to 2026.
• The market size and estimations are based on a comprehensive analysis of key developments in the surgical retractor industry.
• A qualitative analysis based on innovative products facilitates strategic business planning.
• The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the surgical retractor market

Key Market Players:

• B. Braun Melsungen AG
• Baxter International Inc.
• Dickinson and Company
• Becton, Henke-Sass Wolf
• Henry Schein, Inc.
• Novo Nordisk A/S
• Integra Lifesciences Holdings Corporation
• Medline Industries, Inc.
• Johnson & Johnson
• Teleflex Incorporated
• Medtronic Plc.
• The Cooper Companies, Inc.
• Terumo Corporation.

 

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