Press release
Surgical Retractors Market Strategic and Sales Channel Insights to Grow at 6.5% CAGR to Reach $2,153.40 Million by 2027
Cardiovascular diseases or CVDs are likely to remain the prevalent cause of mortality and morbidity worldwide. The cardiovascular diseases are the disorders of the heart and blood vessels that include rheumatic heart disease, coronary heart disease, cerebrovascular disease, and other conditions. Some of the significant lifestyle factors which lead to cardiovascular disease and difficulties are the use of unhealthy diet, tobacco, and physical inactivity increases the risk of heart attacks and strokes. In contrast, the other risk factors for cardiovascular diseases are diabetes, increased level of cholesterol levels, and high blood pressure. In Europe, the conditions and symptoms such as the rise in diabetic cases, lifestyle changes, and more are leading to an increasing number of cardiovascular surgeries, and general surgeries are the same.Driving factors of the surgical retractors market are increase in the number of cardiovascular surgeries and increase in the number of orthopaedic surgeries play a vital role in the growth of the surgical retractors market. Also, increasing medical tourism in emerging nations is likely to have a positive impact on the growth of the market in the coming years.
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According to, European Cardiovascular Disease Statistics 2017, cardiovascular disease causes 3.9 million deaths every year and over 1.8 million deaths in the European Union (EU). Cardiovascular disease holds approximately 45.0% of all deaths in Europe and 37.0% of all deaths in the EU. CVD is the primary reason for the death of men and women in all countries. Furthermore, as per the American Heart Association (AHA) 2019 statistics, 121.5 million adults, who are around half of the US adult population, suffer from cardiovascular disease in the U.S. Moreover, the South and Central American countries are known for medical tourism as the cost of the surgeries and medical facilities are cheaper as compared to the North American country, US. Along with cardiovascular surgeries, the aesthetic surgeries helps to upsurge the market for surgical retractors in the forecasted period.
Surgical Retractors Market to 2027 - Global Analysis and Forecasts by Product Type (Hand Retractors, Self-Retaining Retractors, Wire Retractors, and Others Types); Application (Obstetrics & Gynecology, Cardiovascular, Neurosurgery, Orthopedic Surgery, Reconstructive Surgery, Wound Closure, and Other Applications); End User (Ambulatory Care Centers, Hospitals, Clinics, & Surgical Centers and Maternity & Fertility Centers), and Geography
Strategic Insights
Growth strategies through several organic and inorganic such as approvals, product launch, agreements, and partnerships have been witnessed in the market of surgical retractors. For instance, in October 2018, Stryker acquired Invuity, Inc., which provides a wide variety of clinical applications including orthopaedic & spine surgery, general surgery and women’s health procedures.
Top Players in Surgical Retractors Market are -
- Integra LifeSciences Corporation
- Teleflex Incorporated
- Arthrex, Inc.
- B. Braun Melsungen AG
- CooperSurgical, Inc.
- Globus Medical, Inc.
- Medline Industries, Inc.
- Medtronic plc.
- Stryker
- Thompson Surgical,
- OBP Medical Corporation
Global Surgical Retractors Market – By Product Type
- Hand Retractors
- Self-Retaining Retractors
- Wire Retractors
- Others
Global Surgical Retractors Market – By Application
- Obstetrics & Gynecology
- Cardiovascular
- Neurosurgery
- Orthopedic Surgery
- Reconstructive Surgery
- Wound Closure
- Others
Global Surgical Retractors Market – By End User
- Hospitals, Clinics, & Surgical Centers
- Ambulatory Care Centers
- Maternity & Fertility Centers
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