Surgical Retractors Market to amass $170 Mn by 2024

October 03, 2019

According to the latest study titled ‘Global Surgical Retractors Market Growth 2019-2024’ available with Market Study Report LLC, the global surgical retractors market is estimated to accumulate US $170 million by the year 2024.

Surgical retractors are medical instruments which are actively used by surgeons to separate edges of a surgical wound or incision. It provides better access to body parts lying under the tissues and organs during the incision procedures. Growing cases of surgical wounds, along with the development in healthcare facilities and rising demand for advanced medical instruments will foster the surgical retractors market growth.

According to the study, the surgical retractors market was valued at US $150 million in 2019 and is expected to register 2.7% CAGR over the forecast period. The report also cites that the global average price of surgical retractors was observed to be in the decreasing trend, from USD 43/Unit in 2011 to USD 39/Unit in 2015, which will further boost the market growth.

Based on type, the industry is segmented as self-retaining retractors and hand-held retractors. While, on the basis of application spectrum, the surgical retractors market is divided into abdomen surgery, vascular surgery, brain surgery, and other.

Considering the geographical landscape, surgical retractors market is fragmented into four major regions. Middle East Africa comprise of GCC countries, South Africa, Israel, Egypt, and Turkey; Americas consist of the United States, Brazil, Mexico, and Canada; Germany, Spain, Russia, France, UK, and Italy; and Korea, Australia, China, Southeast Asia, Japan, and India.

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The study analyzes global surgical retractors market for industry shares and growth opportunities by different segments. Furthermore, it provides an exhaustive understanding of trends, challenges, marketing strategies, distribution channels, consumer spectrum, and drivers influencing the market growth.

Some of the vendors that operate in the global surgical retractors market outlined in the report comprise of BD, J&J (DePuy Synthes), B. Braun, Teleflex, MTS, Medtronic, Mediflex, Thompson Surgical, Roboz, Invuity, Sklar, Medline, Automated Medical Products, NS Surgical, and Delacroix Chevalier.