North America Surgical Retractor Market By Application (Abdominal Surgeries, Orthopedic Surgeries, Obstetric & Gynecological Surgeries, Cardiothoracic Surgeries and Other Applications) By Product (Hand Retractor, Wire Retractors, Self-Retaining Retractors, Table-mounted Retractors and Accessories) By Country, Industry Analysis and Forecast, 2020 - 2026
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Market Report Description
The North America Surgical Retractor Market would witness market growth of 5.2% CAGR during the forecast period (2020-2026). The major factor contributing to the growth of the market for surgical retractors is the increase in the number of surgical procedures around the globe. In addition, certain trends, such as a rise in healthcare spending and an increase in the incidence of chronic medical conditions, which involve surgical procedures for diagnosis, are fuelling the growth of the demand for surgical retractors. Moreover, an increase in the geriatric population worldwide is another major factor contributing to the growth of the market. However, the strict regulations laid down by the FDA for the approval of surgical equipment restrict the growth of the market for surgical retractors. On the contrary, high growth potential in emerging economies is expected to provide lucrative opportunities in the forecast period.
These devices are used in the diagnosis of multiple degenerative spinal diseases such as lumbar spinal stenosis, spine herniation, foraminal compression with unilateral radiculopathy, synovial cysts, and dural repair. The prevalence of spinal injury is growing increasingly worldwide due to the influence of factors such as aging of the population and evolving behaviors, an emerging phenomenon that is projected to fuel demand for the MIS Surgical Retractor System over the forecast era.
A self-retaining retractor doesn‘t require the need for an assistant to hold it in place. These retractors can hold the tissue apart and lock it in place. An example of a self-retaining retractor includes rib spreaders that hold the ribs apart at the time of the abdominal surgery. It can help to locate the required organ inside the rib cage. The handheld retractors, however, need an assistant who can hold them. The right method of using a hand-held retractor is that it should be held by its handle in order to produce maximum exposure of the surgical area, maximum leverage, and ensure steady retraction.
Based on Application, the market is segmented into Abdominal Surgeries, Orthopedic Surgeries, Obstetric & Gynecological Surgeries, Cardiothoracic Surgeries and Other Applications. Based on Product, the market is segmented into Hand Retractor, Wire Retractors, Self-Retaining Retractors, Table-mounted Retractors and Accessories. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson, Medtronic PLC, Baxter International, Inc., B. Braun Melsungen AG, Becton, Dickinson and Company, Henry Schein, Inc., Integra LifeSciences Holdings Corporation, Novo Nordisk A/S, Teleflex, Inc., and Terumo Corporation
Scope of the North America Surgical Retractor Market Analysis
- Abdominal Surgeries
- Orthopedic Surgeries
- Obstetric & Gynecological Surgeries
- Cardiothoracic Surgeries and
- Other Applications
- Hand Retractor
- Wire Retractors
- Self-Retaining Retractors
- Table-mounted Retractors and
- Rest of North America
- Johnson & Johnson
- Medtronic PLC
- Baxter International, Inc.
- Braun Melsungen AG
- Becton, Dickinson and Company
- Henry Schein, Inc.
- Integra LifeSciences Holdings Corporation
- Novo Nordisk A/S
- Teleflex, Inc.
- Terumo Corporation
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