Surgical retractor is a hand-held surgical instrument widely used by surgeons during surgical procedure also known as a surgical detractor. This retractor is a simple steel tool which has angled or curvy blade at one end with a handle to handle it comfortably. Reactors are made of stainless steel which can be both disposable and non-disposable in nature used to split the edges of surgical incision or wounds. It is also used to hold back organ or the tissue. Reactors are available with different size, shapes, and style for different surgeries. The surgeon needs to choose suitable retractor according to as required during the surgery. For example, thoracic retractor is used for thoracic surgeries and hand cranked retractor for rib surgery. In the special cases, retractors are fitted with a suction pump & fiber optic light to keep the surgical area dry & illuminated for the surgeon during the surgery.
According to study, “Global Retractor Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the companies operating in global retractor market are &J (DePuy Synthes), Teleflex, BD, Medtronic, B.Braun, Thompson Surgical, MTS, Aesculap, Inc., Becton Dickinson and Company, Alcon Laboratories, Inc., Bausch & Lomb, Inc., Centurion Medical Products, BR Surgical, CONMED Corporation, Cooper Surgical, Cook Medical, Ethicon, Inc., Olympus America Inc. Medtronic PLC, Senko Medical Instrument, Takasago Medical, CooperSurgical, Mediflex, Fuji Flex, Invuity, Roboz, Delacroix Chevalier, Jinyang Medical Instruments Co., Ltd.
Based on type, global retractor market is segmented into self-retaining, handheld, wire, and table-mounted. Self-retaining retractors are expected to exhibit lucrative growth greater convenience associated with them. Based on product type, market is segmented into abdominal, orthopedic, finger, rectal, nerve, ribbon, thoracic and others. Based on application, market is segmented as neurosurgery, reconstructive surgery, wound closure, orthopedic, cardiovascular, obstetrics & gynecology and others. Furthermore, based on end-users, market is divided into ambulatory surgical centers, specialized clinics, hospitals and others.
The global retractor market is driven by increased surgical procedures for treating cancer, cardiovascular disorders etc followed by other driving aspects of increase in number of surgical procedures, increase in the prevalence of chronic disorders, growing geriatric population base, increase in road accidents & trauma cases and increase in number of transplant procedures. However, unfavorable reimbursement scenarios, followed by strict regulatory approval process are few of the factors hindering the market growth. In addition, technological advancement (automation in surgical instruments) is expected to add major opportunity for the market.
North American region holds a significant market share due to presence of highly advanced medical infrastructure and growing prevalence of chronic diseases. Europe is estimated to hold largest market share owing to favorable regulatory framework and increase in the number of plastics surgeons. Asia Pacific is also expected to witness considerable growth owing to rise in healthcare expenditure, improving healthcare systems, and growing awareness. Besides this, Middle East & Africa and Latin America region are projected to gain least market share due to less reimbursement scenario and lack of availability of skilled professional. In 2019, value of global retractor market is reached at US $210 million and is estimated to reach at US $310 million, by 2024.
To know more, click on the link below:-
Global Retractor Market Research Report
Global Retractor Market Analysis 2013-2018 and Forecast 2019-2024
Ankur Gupta, Head Marketing & Communications