Surgical Retractor Market Opportunity Analysis, Trends, and Business Strategies | Forecast- 2026

According to a new report published by Allied Market Research, titled, "Surgical Retractor Market by Product Type, Application: Global Opportunity Analysis and Industry Forecast, 2019-2026," the surgical retractor market was valued at $2 billion in 2018, and is expected to reach $3 billion by 2026, registering a CAGR of 3.9% from 2019 to 2026.

The major factor that contributes to the growth of surgical retractor market include surge in the number of surgical procedures across the globe. Furthermore, other factors such as rise in healthcare expenditure and surge in prevalence of chronic medical conditions that require surgical procedures for treatment fuel the growth of surgical retractor market. In addition, surge in geriatric population worldwide is another major factor that contributes to the growth of market. However, enforcement of stringent regulations by the FDA for the approval of surgical equipment restricts the growth of surgical retractor market. Conversely, high growth potential in developing economies is expected to offer lucrative opportunities during the forecast period.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐏𝐃𝐅 𝐁𝐨𝐮𝐜𝐡𝐞𝐫: https://www.alliedmarketresearch.com/request-sample/6442

According to product type, the hand retractors occupied the largest share of surgical retractor market, owing to increase in adoption of these devices in plastic surgeries and small bone and joint surgeries. Therefore, surge in number of plastic surgeries performed across the globe is a major factor that boosts the growth of the segment. However, self-retaining retractors segment is anticipated to exhibit fastest growth rate during the forecast period, owing to the fact that the device has a locking system, which allows surgeons to use both hands. Thus, this renders the surgery to be more convenient for surgeons. In addition, other factors such as rise in awareness related to sue of self-retaining retractors and surge in healthcare expenditure boost the growth of the market.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲: https://www.alliedmarketresearch.com/purchase-enquiry/6442

By application, the abdominal surgeries segment acquired the largest share of the market, owing to surge in number of abdominal surgeries performed worldwide. Furthermore, abdominal surgeries involve large surgical incisions to obtain a better view of the organs involved in the surgery. Therefore, the need of surgical retractors in the abdominal surgeries is higher, which boosts the growth of the market. However, the cardiothoracic surgeries segment is expected to exhibit fastest growth rate during the forecast period, owing to rise in the prevalence of cardiac disorders across the globe.

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.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧: https://www.alliedmarketresearch.com/request-for-customization/6442

𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
• B Braun Melsungen Ag
• Becton, Dickinson and Company
• Henry Schein, Inc.
• Integra Lifesciences Holdings Corporation
• Johnson & Johnson
• Medline Industries, Inc.
• Medtronic Plc.
• Teleflex Incorporated
• Terumo Corporation
• The Cooper Companies, Inc.

𝐎𝐭𝐡𝐞𝐫 𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬:
Biosensors Market: https://www.alliedmarketresearch.com/biosensors-market
Covid-19 Diagnostics Market: https://www.alliedmarketresearch.com/covid-19-diagnostics-market-A06114
Surgical Robotic System Market: https://www.alliedmarketresearch.com/surgical-robotic-systems-market-A06827

𝐂𝐨𝐧𝐭𝐚𝐜𝐭:
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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
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