Surgical Retractors Global Market Report 2024

The surgical retractors market size has grown strongly in recent years. It will grow from $2.39 billion in 2023 to $2.6 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The expansion observed in the historical period can be attributed to several factors, including an increased number of surgical procedures, a rise in the number of injury cases, and robust economic growth in emerging markets.

The surgical retractors market size is expected to see strong growth in the next few years. It will grow to $3.6 billion in 2028 at a compound annual growth rate (CAGR) of 8.4%. Forecasted growth is attributed to the rising prevalence of chronic diseases, an aging population, and increased plastic surgeries. Key trends include the launch of cordless and self-retaining surgical retractors, lightweight titanium retractors, introduction of new innovative products, and the development of surgical retractors using 3D printing technology.

Anticipated growth in various surgical procedures is poised to act as a catalyst for the expansion of the surgical retractors market in the foreseeable future. Surgical procedures encompass medical interventions involving incisions and specialized tools to address or rectify ailments within the human body. These procedures are instrumental in diagnosing, investigating, or treating a spectrum of medical conditions. Surgical retractors find extensive application across diverse fields such as open surgery, endoscopy, dermatology, ophthalmology, and dentistry, facilitating the manipulation of tissues or organs during surgeries. For instance, data from the American Society for Aesthetic Plastic Surgery reveals a notable surge of 54% in surgical procedures within the US in 2021. Thus, the escalating number of surgical procedures is a significant driving force behind the growth of the surgical retractor market.

The upward trend in the prevalence of chronic diseases is expected to be a pivotal factor fueling the growth of the surgical retractors market during the projected period. Chronic ailments, including cardiovascular illnesses that often necessitate surgical intervention, are on the rise. The escalating incidence of chronic diseases is poised to amplify the demand for surgical interventions, consequently contributing to an increased need for surgical retractors. For instance, statistics from Meersens, a France-based software company, highlight that over 70% of annual deaths are attributed to chronic diseases. Additionally, data from the World Health Organization underscores that cardiovascular diseases account for a substantial portion of Non-Communicable Diseases (NCD) deaths, affecting approximately 17.9 million individuals annually. Hence, the mounting prevalence of chronic diseases is anticipated to be a significant driving factor supporting the growth of the surgical retractors market.

Technological advancements stand as prominent trends gaining traction within the surgical retractors market. Leading companies in this domain are actively introducing innovative technologies to fortify their market positions. For instance, in August 2021, Advanced Surgical Retractor Systems Inc., a US-based medical equipment company, unveiled the TITAN Cestero surgical retractor (CSR) as a leap in surgical retractor technology. This pioneering device combines multiple retractors into a single unit and is meticulously designed to seamlessly integrate with Bookwalter blades. The TITAN CSR offers superior exposure to deep and retroperitoneal structures while boasting a setup speed 50 times faster than conventional methods, thereby enhancing surgical efficiency.

The introduction of new products emerges as a significant trend gaining momentum in the surgical retractors market. Key players within the market are focused on launching innovative products to augment their product portfolios. For example, in August 2022, Spineology Inc., a US-based medical instrument manufacturer, introduced the OptiLIF Endo - a fully endoscopic, single-tubular retractor fusion system. This novel system streamlines lumbar interbody fusion procedures by requiring only one tubular retractor, integrating endoscopes, and associated equipment. This innovation significantly improves procedural efficiency and safety.

In April 2022, Carl Zeiss Meditec AG, a Germany-based medical technology company, acquired Kogent Surgical LLC and Katalyst Surgical LLC for an undisclosed sum. This strategic acquisition is anticipated to bolster Carl Zeiss Meditec AG's business operations, fortify its surgical solution portfolio, and facilitate increased recurring revenue streams. Kogent Surgical LLC, a prominent US-based innovator in the medical device industry, specializes in microsurgical instruments, surgical site illumination, and electrosurgery. On the other hand, Katalyst Surgical LLC, also based in the US, focuses on titanium ophthalmic surgical instruments.

Major companies operating in the surgical retractors market report are Becton Dickinson and Company (BD), Henry Schein, B. Braun, Medtronic PLC, Johnson & Johnson, Globus Medical Inc., Medline Industries Inc., Teleflex Incorporated, Stryker Corporation, Terumo Corporation, Microcure (Suzhou) Medical Technology Co. Ltd., Guangzhou T.K Medical Instrument Co. Ltd., Changzhou Haiers Medical Devices Co. Ltd., Jiangsu Jinlu Group Medical Device Co. Ltd., Changzhou Cheayoo Medical Devices Co. Ltd., Sihong Ophsurin Co. Ltd., Suzhou Upline Medical Products Co. Ltd., Innomed Inc., BR Surgical LLC, Kapp Surgical Instrument Inc., Sklar Surgical Instruments, Mediflex Surgical Products, World Precision Instrument, Coopers Companies Inc., Integra Lifesciences Holdings Corporation, Thompson Surgical Instruments, Applied Medical Resources Corporation, Keir Surgical, Conkin Surgical, CONMED Corporation, Arthrex Inc., Enovis Corporation, Bausch Health Companies Inc., EDLO S.A. - Surgical Instruments, Medhold Medical (Pty) Ltd.

North America was the largest region in the surgical retractors market in 2023. Europe was the second-largest region in the surgical retractors market. The regions covered in the surgical retractors market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the surgical retractors market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The primary types of surgical retractors include handheld and self-retaining. Handheld retractors are utilized to secure surgical incisions in an open position, pulling back ligaments, tissues, and other structures at the operative site. These surgical devices are held either by an assistant, a robot, or the surgeon during a procedure. Surgical retractors find applications in various surgical fields such as neurosurgery, abdominal surgery, cardiovascular surgery, orthopedic surgery, obstetrics and gynecology, among others. End-users of surgical retractors include hospitals, ambulatory surgical centers, and other healthcare facilities.

The surgical retractors market research report is one of a series of new reports that provides surgical retractors market statistics, including surgical retractors industry global market size, regional shares, competitors with a surgical retractors market share, detailed surgical retractors market segments, market trends and opportunities, and any further data you may need to thrive in the surgical retractors industry. This anomaly detection market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The surgical retractors market consists of sales of distractors equipment’s, positioners and stereotactic devices, mechanical cutters, and backbiting forcep scissors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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