Surgical Retractors Market Expected to Progress at $3292.84 Million by 2028

As per a report by Triton, the global surgical retractors market attained $2195.33 million in 2021. It is further anticipated to register a CAGR of 6.01% by 2028.

A recent study by Triton Market Research titled Global Surgical Retractors Market includes the Global Analysis and Forecasts by Type (Self-retaining Retractors, Handheld Retractors, Other Types), Application (Cardiothoracic Surgery, Obstetrics and Gynecology, Orthopedics, Neurosurgery, General Surgery, Other Application), End-user (Ambulatory Care Centers, Hospitals, Other End-users), and Regional Outlook (North America, Asia-Pacific, Europe, Latin America, Middle East and Africa).

Surgical Retractors help doctors perform surgery without delay by enabling them to keep an incision open during the procedure. They are offered to various end-users, such as hospitals, ambulatory care centers, and other end-users.

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Triton Marker Research's report estimates that the global market for surgical retractors is set to progress at a CAGR of 6.01%, reaching a revenue worth $3292.84 million by 2028.

Factors such as growing musculoskeletal disorders and the rising number of cardiovascular cases boost the surgical retractors market growth. Global Burden of Disease (GBD) data analysis showed that approximately 1.71 billion people globally have musculoskeletal conditions. Many of these conditions are treated with surgeries associated with the problem area, such as knee replacement surgery, hip surgery, shoulder replacement surgery, spinal surgery etc. Such treatments are operated with an incision above the affected skin as it is the only way to reach the desired bone or joint area. Thus, as many populations are affected by musculoskeletal disorders, it can be presumed that many surgeries will occur, giving rise to the demand for handheld surgical devices, including retractors.

However, the emergence of minimally invasive surgery can hamper the growth of the surgical retractors market due to its advanced technology and popularity.

The surgical retractors market is divided into type, application, and end-user. The type segment is divided into self-retaining retractors, handheld retractors, and other types. Based on application, it is divided into cardiothoracic surgery, obstetrics and gynecology, orthopedics, neurosurgery, general surgery, and other applications. Lastly, the end-user consists of hospitals, ambulatory care centers, and other end-users.

North America leads the surgical retractors market globally. The region's stronghold is mainly due to the presence of prominent companies such as Becton Dickinson and Company, Stryker Corporation, Teleflex Incorporated, Globus Medical Inc etc. According to industry sources, an estimated 48.3 million surgical and nonsurgical procedures are performed annually in the United States. The rise in surgical procedures in North America also contributes to the growth of the surgical retractors market.

The Cooper Companies Inc, Terumo Corporation, Stryker Corporation, Mediflex, Integra Life Sciences, Teleflex Inc, Globus Medical Inc, Becton Dickinson and Company, Thompson Surgical Instruments, Medtronic Plc, World Precision Instruments, and B Braun Holding GmbH & Co KG are dominating players in the surgical retractors market.

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Question & Answer: Surgical Retractors Market

Question 1: Which factors boost the surgical retractors market growth?

Answer: Factors such as growing musculoskeletal disorders and the rising number of cardiovascular cases boost the surgical retractors market growth. Global Burden of Disease (GBD) data analysis showed that approximately 1.71 billion people globally have musculoskeletal conditions. Many of these conditions are treated with surgeries associated with the problem area, such as knee replacement surgery, hip surgery, shoulder replacement surgery, spinal surgery etc. Such treatments are operated with an incision above the affected skin as it is the only way to reach the desired bone or joint area. Thus, as many populations are affected by musculoskeletal disorders, it can be presumed that many surgeries will occur, giving rise to the demand for handheld surgical devices, including retractors.

Question 2: Which factors hamper the growth of the surgical retractors market?

Answer: The emergence of minimally invasive surgery can hamper the growth of the surgical retractors market due to its advanced technology and popularity.

Question 3: Which leads the surgical retractors market?

Answer: North America leads the surgical retractors market globally. The region's stronghold is mainly due to the presence of prominent companies such as Becton Dickinson and Company, Stryker Corporation, Teleflex Incorporated, Globus Medical Inc etc. According to industry sources, an estimated 48.3 million surgical and nonsurgical procedures are performed annually in the United States. The rise in surgical procedures in North America also contributes to the growth of the surgical retractors market.

Question 4: Which are the dominating players in the surgical retractors market?

Answer: The Cooper Companies Inc, Terumo Corporation, Stryker Corporation, Mediflex, Integra Life Sciences, Teleflex Inc, Globus Medical Inc, Becton Dickinson and Company, Thompson Surgical Instruments, Medtronic Plc, World Precision Instruments, and B Braun Holding GmbH & Co KG are dominating players in the surgical retractors market.

Related Report:

Global Surgical Sutures Market
https://www.tritonmarketresearch.com/reports/surgical-sutures-market

The global surgical sutures market is expected to advance at a CAGR of 5.74% in the forecast period 2022-2028.

According to recent studies, the world population is growing and has reached 7.9 billion. In addition, as per the United Nations report on World Population Aging 2019, there were 703 million persons aged 65 years or over in the world in 2019. This rise in population is expected to create opportunities for the global market.

The aging of the population causes a large increase in the demand for surgical treatments. Also, elderly people demand more medical care than their younger counterparts. The growing number of surgeries among the older population also boosts the surgical suture market.

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