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

04-23-2025 11:49 AM CET | Health & Medicine

Press release from: Insightace Analytic Pvt Ltd.

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global 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 2024-2031"

According to the latest research by InsightAce Analytic, the global surgical retractors market is valued at USD 1.98 Billion in 2023, and it is expected to reach 3.34 Billion by the year 2031, with a 6.93% CAGR during a forecast period of 2024-2031

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Surgical retractors are crucial instruments utilized by surgeons to enhance visibility and provide access to the surgical site during procedures. They are also used to separate and maintain the edges of surgical incisions or wounds. The market for surgical retractors offers a broad spectrum of products in various shapes, sizes, and specifications tailored to the specific requirements of different surgical interventions. Surgical retractors are generally categorized into two primary types: handheld and self-retaining.

The global market for surgical retractors is primarily driven by several factors, including the growing volume of surgical procedures worldwide, increasing demand for specialized surgical instruments, advancements in medical technologies, and expanded medical insurance coverage. Furthermore, the rising incidence of hip and knee replacement surgeries, trauma-related cases, and cardiovascular surgeries is expected to further support market growth during the forecast period. For instance, the World Health Organization's 2018 Road Safety Report highlights that approximately 1.3 million individuals lose their lives annually due to road traffic accidents, emphasizing the increasing need for trauma-related surgical interventions.

Despite the positive market outlook, several challenges may impede market growth. These include high product costs, a shortage of skilled healthcare professionals in rural regions, stringent government regulations, and limited reimbursement policies for surgical procedures, all of which are anticipated to restrict the adoption of surgical retractors in the coming years.

In terms of regional trends, Europe is expected to be the second-largest market for surgical retractors, supported by a high volume of surgical procedures and advanced healthcare infrastructure. Meanwhile, the Asia-Pacific region is forecast to experience the fastest growth during the forecast period, driven by factors such as an aging population, the rising prevalence of cardiovascular diseases, increasing healthcare expenditures, and heightened investments in research and development aimed at advancing 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 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
Global 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
Global 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
Global 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
Global 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

Why should buy this report:
• To receive a comprehensive analysis of the prospects for the global surgical retractors market
• To receive an industry overview and future trends in the surgical retractors market
• To analyze the surgical retractors market drivers and challenges
• To get information on the surgical retractors market size Value (US$ Mn) and Volume (No. of Units) & forecast to 2030
• To get information on investments, mergers & acquisitions in the surgical retractors market industry

Read Overview Report- https://www.insightaceanalytic.com/report/global-surgical-retractors-market/1349

About Us:
InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.

Contact us:
InsightAce Analytic Pvt. Ltd.
Visit: www.insightaceanalytic.com
Tel : +1 551 226 6109
Asia: +91 79 72967118
info@insightaceanalytic.com

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