impact of recession on your business
Surgical Retractors Market

Surgical Retractors Market Size, Share & Segment By Product (Handheld Retractors, Self-retaining Retractors, Table-mounted Retractors, Wire Retractors, Accessories), By Design (Fixed/Flat-Frame Retractors, Angled/Curved-Frame Retractors, Blade/Elevated-Tip Retractors), By Usage (Tissue Handling and Dissection, Fluid Swabbing), By Application (Abdominal Surgeries, Cardiothoracic Surgeries, Orthopedic Surgeries, Obstetric and Gynecological Surgeries, Urological Surgeries, Aesthetic Surgeries, Head, Neck, and Spinal Surgeries), By End User (Hospitals, Clinics, and Surgical Centers, Ambulatory Care Centers, Maternity and Fertility Centers), by Regions and Global Forecast 2022-2028

Report Id: SNS/HC/2569 | July 2022 | Region: Global | 130 Pages

Report Scope & Overview:

The Surgical Retractors Market Size was valued at USD 1.8 billion in 2021, and is expected to reach USD 2.8 billion by 2028, and grow at a CAGR of 6.5% over the forecast period 2022-2028.

An equipment used in medicine called a surgical retractor is utilised during surgical procedures. During the procedure, the device is utilised to retain an incision's edges so that it stays open. In order to keep the sutures close to the surgical region, the device is also utilised to draw them back. Additionally, surgical retractors are utilised to facilitate access and improve vision to an exposed area, which helps with performing the surgical process.

Surgical Retractors Market

The operating process has changed over time due to improvements in surgical technology. The market for surgical retractors is driven by innovations that help surgical choices adapt. But within the projected forecasting period of time, it is anticipated that the market's expansion will be constrained by the rigorous government policies, low reimbursement situation, and shortage of competent specialists in the developing economies.

MARKET DYNAMICS

DRIVERS

  • More surgeries are being performed internationally.

  • Chronic disease prevalence is increasing, and the number of elderly people is growing significantly.

  • Access to specialist retraction products

  • Increasing demand for cosmetic and reconstructive procedures

RESTRAINTS

  • More people choosing to get minimally invasive operations

OPPORTUNITIES

  • Developing market prospects with high growth

  • Outpatient surgery usage is growing

CHALLENGES

  • Surgical blunders

  • Lacking in surgeons

IMPACT OF COVID-19

In response to the COVID-19 pandemic surge, numerous hospitals and departments had their patient profiles revised in order to better accommodate the increasing number of COVID-19 patients being admitted to hospitals. Additionally, the pandemic caused supply chain hiccups that had an impact on the world market for medical products. Global financial conditions, business operations, and crisis response strategies have all been negatively impacted by the pandemic. The spread of COVID-19, which resulted in lockdowns and travel restrictions, put a strain on the surgical instrument producers. Given that major economies were badly disrupted by the spread of COVID-19 infections, the production of medical devices like surgical retractors was greatly damaged.

After the pandemic, hospitals increased surgical procedures with better safety regulations, and surgery rates started to rise again. As a result, more surgeons started using surgical retractors.

By Product

The portable, self-retaining, table-mounted, wire, and retractor accessory segments make up the global market for surgical retractors. The market's largest share was held by the segment of handheld retractor products. This is mostly because more surgeries are being performed around the world and because there are reasonably priced hand-operated surgical retractors available.

By Usage

The surgical retractor market is divided into two categories: fluid swabbing and tissue handling and dissection. Due to the increased handling of tissues, organs, and ligaments close to the operative region brought on by the rising number of surgical procedures performed worldwide, the tissue handling and dissection segment has experienced the largest growth.

By Design

Markets for fixed/flat-frame, angled/curved-frame, and blade/elevated-tip surgical retractors are each a separate part of the overall market. The market segment with the largest predicted growth throughout the forecast period is blade/elevated-tip retractors. Blade/elevated-tip retractors, which provide better traction and a firmer hold, are mostly to blame for this.

By Application

The abdominal surgery, cardiothoracic surgery, orthopedic surgery, obstetric and gynecological surgery, urological surgery, aesthetic surgery, head, neck, and spinal surgery, as well as other procedures, segments of the surgical retractors market. During the projected period, the head, neck, and spinal sector is anticipated to develop at a faster rate. This can be linked to the rising prevalence of spinal illnesses worldwide, which has led to an increase in the number of surgical procedures carried out.

By End User

Hospitals, outpatient care facilities, surgical centers, and maternity and fertility clinics make up the different market segments for surgical retractors. Due to the rising use of ambulatory care settings for treatment due to the available cost-effective therapy, the ambulatory care centers category is anticipated to experience the largest growth throughout the projection period.

COMPETITIVE LANDSCAPE

Some of the major key players are as follows: Becton, Dickinson and Company, Teleflex Incorporated, Johnson & Johnson, Henry Schein, Inc., B Braun Melsungen Ag, Medtronic Plc., The Cooper Companies, Inc., Integra Lifesciences Holdings Corporation, Terumo Corporation, Medline Industries, Inc.

MARKET SEGMENT

By Product

  • Handheld Retractors

  • Self-retaining Retractors

  • Table-mounted Retractors

  • Wire Retractors

  • Accessories

By Design

  • Fixed/Flat-Frame Retractors

  • Angled/Curved-Frame Retractors

  • Blade/Elevated-Tip Retractors

By Usage

  • Tissue Handling and Dissection

  • Fluid Swabbing

By Application

  • Abdominal Surgeries

  • Cardiothoracic Surgeries

  • Orthopedic Surgeries

  • Obstetric and Gynecological Surgeries

  • Urological Surgeries

  • Aesthetic Surgeries

  • Head, Neck, and Spinal Surgeries

By End User

  • Hospitals, Clinics, and Surgical Centers

  • Ambulatory Care Centers

  • Maternity and Fertility Centers

Surgical Retractors Market

REGIONAL ANALYSIS

Due to the widespread accessibility of surgical retractors, North America had the lion's share of the global market for surgical retractors and is predicted to keep doing so. Another significant factor driving the expansion of this market is the rise in the prevalence of numerous chronic illnesses that call for surgery to treat them. However, due to greater public awareness of the use of surgical retractors, Asia-Pacific is anticipated to grow at the quickest rate throughout the projection period. Additionally, the market expansion in developing nations like India, China, and Malaysia is fueled by the dynamic life sciences sector.

REGIONAL COVERAGE

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Surgical Retractors Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 1.8 Billion
Market Size by 2028 US$ 2.8 Billion
CAGR CAGR of 6.5% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Product (Handheld Retractors, Self-retaining Retractors, Table-mounted Retractors, Wire Retractors, Accessories)
• By Design (Fixed/Flat-Frame Retractors, Angled/Curved-Frame Retractors, Blade/Elevated-Tip Retractors)
• By Usage (Tissue Handling and Dissection, Fluid Swabbing)
• By Application (Abdominal Surgeries, Cardiothoracic Surgeries, Orthopedic Surgeries, Obstetric and Gynecological Surgeries, Urological Surgeries, Aesthetic Surgeries, Head, Neck, and Spinal Surgeries)
• By End User (Hospitals, Clinics, and Surgical Centers, Ambulatory Care Centers, Maternity and Fertility Centers)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Becton, Dickinson and Company, Teleflex Incorporated, Johnson & Johnson, Henry Schein, Inc., B Braun Melsungen Ag, Medtronic Plc., The Cooper Companies, Inc., Integra Lifesciences Holdings Corporation, Terumo Corporation, Medline Industries, Inc.
Key Drivers • More surgeries are being performed internationally.
• Chronic disease prevalence is increasing, and the number of elderly people is growing significantly.
RESTRAINTS • More people choosing to get minimally invasive operations.


Frequently Asked Questions (FAQ) :

Ans. Surgical Retractors Market Size was valued at USD 1.8 billion in 2021.

Ans. Developing market prospects with high growth, and Outpatient surgery usage is growing are the opportunities of the Surgical Retractors market

Ans. North America had the lion's share of the global market for surgical retractors and is predicted to keep doing so.

Ans. Manufacturer and service provider, research institutes, university and private libraries, suppliers and distributers. 

Ans. Surgical Retractors market is divided in five segments and they are By Product, By Design, By Usage, By Application, and By End User


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

4.2 Impact of Ukraine ware

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

  

8. Surgical Retractors Market Segmentation, By Product

8.1 Handheld Retractors

8.2 Self-retaining Retractors

8.3 Table-mounted Retractors

8.4 Wire Retractors

8.5 Accessories

 

9. Surgical Retractors Market Segmentation, By Design

9.1 Fixed/Flat-Frame Retractors

9.2 Angled/Curved-Frame Retractors

9.3 Blade/Elevated-Tip Retractors

 

10. Surgical Retractors market Market Segmentation, By Usage

10.1 Tissue Handling and Dissection

10.2 Fluid Swabbing

 

11. Surgical Retractors market Market Segmentation, By Application

11.1 Abdominal Surgeries

11.2 Cardiothoracic Surgeries

11.3 Orthopedic Surgeries

11.4 Obstetric and Gynecological Surgeries

11.5 Urological Surgeries

11.6 Aesthetic Surgeries

11.7 Head, Neck, and Spinal Surgeries

 

12. Surgical Retractors market Market Segmentation, By End User

12.1 Hospitals, Clinics, and Surgical Centers

12.2 Ambulatory Care Centers

12.3 Maternity and Fertility Centers

 

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2 Canada

13.2.3 Mexico

13.3 Europe

13.3.1 Germany

13.3.2 UK

13.3.3 France

13.3.4 Italy

13.3.5 Spain

13.3.6 The Netherlands

13.3.7 Rest of Europe

13.4 Asia-Pacific

13.4.1 Japan

13.4.2 South Korea

13.4.3 China

13.4.4 India

13.4.5 Australia

13.4.6 Rest of Asia-Pacific

13.5 The Middle East & Africa

13.5.1 Israel

13.5.2 UAE

13.5.3 South Africa

13.5.4 Rest

13.6 Latin America

13.6.1 Brazil

13.6.2 Argentina

13.6.3 Rest of Latin America

 

14.Company Profiles

14.1 Becton

              14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view

14.2 Dickinson and Company

14.3 Teleflex Incorporated

14.4 Johnson & Johnson

14.5 Henry Schein, Inc.

14.6 B Braun Melsungen Ag

14.7 Medtronic Plc.

14.8 The Cooper Companies, Inc.

14.9Integra Lifesciences Holdings Corporation

14.10 Terumo Corporation

 

15.Competitive Landscape

15.1 Competitive Benchmark

15.2 Market Share analysis

15.3 Recent Developments

 

16.Conclusion

 

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of a good and accurate research report and selecting the best methodology to complete the research is the toughest part. Since the research reports, we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach a stage wherein we can provide our clients best and most accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brainstorming sessions to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research as the name suggests is a research process wherein, we collect data through readily available information. In this process, we use various paid and unpaid databases to which our team has access and gather data through the same. This includes examining listed companies’ annual reports, Journals, SEC filling, etc. Apart from this, our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various universities as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content-specific facts that can be sued to solve specific problems. Since the collected data is fresh and first-hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply sides of the industry to make sure we land an accurate judgment and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses, and observation of on-field participants. The below-mentioned chart should give a better understanding of part 1 of the primary interview.

Part 2: In this part of the primary research the data collected via secondary research and part 1 of the primary research is validated with the interviews with individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence center, our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real-time.

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but is not limited to getting rid of the many typos, duplication of numbers, or missing any important information. The people involved in this process include technical content writers, research heads, and graphics people. Once this process is completed the title gets uploaded on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.