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Global Plastic Wound Retractor Market to show sluggish growth during the forecast period (2023-2033)

01-12-2023 09:21 AM CET | Health & Medicine

Press release from: Persistence Market Research

Global Plastic Wound Retractor Market to show sluggish growth

A plastic wound retractor is a medical device used to hold open the edges of a surgical wound or incision to provide access to the underlying tissues. These retractors are made of plastic and are designed to be lightweight, easy to sterilize, and disposable. They are typically used in minimally invasive surgery, as they allow for precise and controlled tissue retraction with minimal trauma to the surrounding tissues.

The global plastic wound retractor market is expected to grow at a significant rate during the forecast period (2022-2027). This growth is driven by factors such as the increasing prevalence of chronic diseases, the growing geriatric population, and the rising demand for minimally invasive surgery. In addition, the increasing adoption of plastic wound retractors in outpatient surgery centers and ambulatory surgical centers is expected to drive market growth

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The plastic wound retractor market can be segmented based on product type, application, and region. Based on product type, the market can be divided into self-retaining retractors, non-self-retaining retractors, and others. The self-retaining retractors segment is expected to dominate the market due to their ease of use and ability to maintain retraction without the need for additional support. Based on application, the market can be segmented into general surgery, plastic surgery, orthopedic surgery, and others. The general surgery segment is expected to dominate the market due to the high prevalence of chronic diseases and the increasing adoption of minimally invasive surgery.

Geographically, the plastic wound retractor market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominate the market due to the high prevalence of chronic diseases, the presence of a large geriatric population, and the presence of advanced healthcare infrastructure. Europe is also expected to hold a significant share of the market due to the high prevalence of chronic diseases and the increasing adoption of minimally invasive surgery.

Companies

Applied Medical Resources Corp
Betatech Medical
Changzhou Ankang Medical Instruments Co Ltd
Geister Medizintechnik GmbH
HAKKO CO., LTD.
Cooper Surgical
Wecan Medicare
Victor Medical Instruments Co., Ltd.
Vaxcon Corporation
PRESCIENT SURGICAL, INC
SEJONG MEDICAL CO., LTD.
SURKON MEDICAL CO., LTD
Surgicore Co. Ltd.

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Some of the key players operating in the plastic wound retractor market include Becton, Dickinson and Company, Medtronic, Johnson & Johnson, and Zimmer Biomet Holdings, Inc. These companies are focusing on research and development activities to introduce new and innovative products in the market.

In conclusion, the global plastic wound retractor market is expected to grow at a significant rate during the forecast period due to the increasing prevalence of chronic diseases, the growing geriatric population, and the rising demand for minimally invasive surgery. The increasing adoption of plastic wound retractors in outpatient surgery centers and ambulatory surgical centers is also expected to drive market growth.

Applications of plastic wound retractors across various regional markets

Plastic wound retractors find increasing application in abdominal surgeries in the North America plastic wound retractors market. The abdominal surgery segment is expected to witness a significant market revenue of over US$ 90 Mn by the end of forecast period. Whereas the bladder surgery segment shows a revenue share of just over US$ 9 Mn by 2025 end.

In the Asia Pacific regional market, the abdominal surgery segment is estimated to reach a market valuation of a little under US$ 130 Mn by the end of the assessment year, followed by the bladder surgery segment that reflects a market estimation of about US$ 11 Mn towards the close of the period of forecast.

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Market segmentation based on different criteria

Product Type

Ring Based
Small
Medium
Large
Extra Large

Prong Based
Single
Double
Triple
Others

Application
Abdominal Surgery
Colorectal (open)
Colorectal (lap)
General Surgery (open)
General Surgery (lap)
C-sections
Hernia Gastric
Bypass (open)
Cardiac Surgery Orthopedic Surgery
Spinal Surgery
Plastic Surgery
Dental Surgery
Brain Surgery
Thyroid Surgery
Other Surgeries

Surgery Type
Minimally Invasive Surgery
Open Surgery

End User
Hospitals Ambulatory
Surgical Centers

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Persistence Market Research's Expertise in Life Sciences and Transformational Health

Our expert team of industry analysts comprising management graduates, medical professionals, engineers, and project managers provides insights on emerging therapy areas, diagnostic tools, medical devices and components, reimbursement and market access, biotechnology, and life science research products and services to equip decision-makers with sound inputs and strategic recommendations. Click here to learn more about how we zero in on the critical aspects of this industry.

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