Surgical Retractors Market Top Players - Medtronic Plc, Becton, Dickinson and Company, Medical Devices Business Services, Inc., Teleflex Incorporated, Medline Industries, Inc.

Surgical Retractors Market worth $3.06 Bn by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Surgical Retractors Market By Product (Abdominal Retractor, Finger Retractor, Nerve Retractor, Orthopedic Retractor, Rectal Retractor, Thoracic Retractor, Ribbon Retractor, And Others), Applications (Neurosurgery, Wound Closure, Reconstructive Surgery, Cardiovascular, Orthopedic, Obstetrics And Gynecology (Ob/Gyn), And Others), Types (Handheld And Self-Retaining), End-User (Hospitals, Ambulatory Surgical Centers, And Clinics) - Industry Analysis, Revenue and Volume Forecast 2022-2030"

According to the most recent research by InsightAce Analytic, the global surgical retractors market is valued at US$ 1.80 billion in 2021 and is predicted to reach US$ 3.06 billion by 2030, with a CAGR of 6.27% during the forecast period of 2022-2030.

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Surgical retractors are generally used by surgeons to improve view and access to exposed areas during surgical procedures. They are also used to separate and secure the edges of surgical incisions or wounds. Surgical retractors are available in a variety of shapes, sizes, and specifications to meet the needs of surgeons. Surgical retractors come in two types: handheld and self-retained.

The global surgical retractor market is being driven by rising surgical operations worldwide, increased demand for application-specific surgical goods, improvements in medical technologies, and enhanced medical insurance policies. Apart from that, the increasing number of hip and knee replacement surgeries, accidents, trauma, and heart procedures are expected to drive market growth during the forecast period. For example, according to the WHO road safety report 2018, nearly 1.3 million people die each year in road traffic accidents. On the other hand, costly products, a scarcity of qualified in rural regions, severe government regulatory rules, and inadequate payment facilities for surgical procedures are projected to impede the use of surgical retractors in the coming years.
Europe is expected to be the second-largest market segment because to an increase in surgeries and modern medical infrastructure. Furthermore, Asia-Pacific is expected to see the quickest market development throughout the forecast period, owing to the region's expanding older population, rising cardiovascular disease rates, and increased healthcare expenditure and R&D investments to advance surgical technologies.

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Major market players operating in the surgical retractors market include Medtronic Plc, Becton, Dickinson and Company (BD), Medical Devices Business Services, Inc., Teleflex Incorporated, Medline Industries, Inc, Braun Melsungen AG (Aesculap, Inc.), Applied Medical, Resources Corporation, Thompson Surgical, Ansabere Surgical SL, Innomed, Inc., LiNA Medical ApS, Vivo Surgical Private Limited, BVI, CooperSurgical Inc., Stryker Corporation, Mediflex Surgical Products, Applied Medical Technology, Inc, Changzhou Haiers Medical Devices Co., Ltd., Titan Instruments , Ackermann Instrumente , AIIM, Alphatec Spine , ARCA-MEDICA, Arthrex, Chamfond Biotech, Condor MedTec GmbH, Dewimed Medizintechnik, DTR Medical , GIMMI , Globus Medical, HankilTech Medical, Holtex , HUIDAMED, jac-cell Medic, K2M , Kirwan Surgical Products , Laschal Surgical, Inc., Life Spine, Medicta Instruments, Mediflex Surgical Products, MESTRA Talleres Mestraitua, S.L., Microcure Medical, Mopec Europe, Moria Surgical, Precision Spine , Sklar Instruments , SOFEMED International , Spineology , SURTEX INSTRUMENTS LTD , SybronEndo , Synergetics , TeDan Surgical Innovations , Transact International , Wallach Surgical Devices, and Others.

Key developments in the market:
• In April 2021, Alphatec Holdings Inc. introduced two new ways to improve the ATEC transforaminal lumbar interbody fusion (TLIF) procedure. The Sigma Access System and the Invictus Modular Pedicle Screw are new technologies that work together with the SafeOp Neural InformatiX system, the SingleStep implant delivery system, and the Identity TLIF implants to make a complete, smartly designed TLIF procedure.
• In May 2021, OBP announced the launch of a new spin-off company called OBP Surgical Corporation, which will continue to reinvent the everyday tools that surgeons rely on by integrating single-use LED lighting technology into unique intracavity cordless devices. The announcement comes at the same time that CooperSurgical, Inc acquires OBP Medical Corporation. The intracavity lighting and surgical retractor market are growing exponentially. The shift to a distinctly surgical profile enables the new company to maximize focus and flexibility to meet unique market needs and deliver profitable growth.
• In December 2020, Galaxy II LUX, a self-retaining ring retractor with light, was introduced by June Medical (UK) to let surgeons see their surgical sites more clearly. In vivo LED gadget KLAROTM is attached to the Galaxy II LUX retractor using a specially developed clip, allowing the light source to be used in conjunction with the retractor. The advantages of employing overhead illumination have been eliminated, and a breakthrough solution has been provided for surgeons, allowing them better access and a better view of the surgery site.
• In Oct 2020, Stryker announced that the Niagara Lateral Access System, which had been used in 600 surgeries, would be added to its line of lateral spine products. With the addition of Niagara, Stryker now has a full line of minimally invasive lateral solutions for treating spinal deformities in patients with fully developed bones.

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Market Segments
Surgical Retractors Market, by Products, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• Abdominal Retractor
• Finger Retractor
• Nerve Retractor
• Orthopedic Retractor
• Rectal Retractor
• Thoracic Retractor
• Ribbon Retractor
• Other Products
Surgical Retractors Market, by Applications, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• Neurosurgery
• Wound Closure
• Reconstructive Surgery
• Cardiovascular
• Orthopedic
• Obstetrics and Gynecology (Ob/Gyn)
• Other Applications
Surgical Retractors Market, by Types, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• Handheld
• Self-retaining
Global Surgical Retractors Market, by End-Users, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• Hospitals
• Ambulatory Surgical Centers
• Clinics
Surgical Retractors Market, by Region, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Surgical Retractors Market, by Country, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• U.S.
• Canada
Europe Surgical Retractors Market, by Country, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Surgical Retractors Market, by Country, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Surgical Retractors Market, by Country, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Surgical Retractors Market, by Country, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

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