Surgical Retractor Market Opportunity Analysis, Trends, and Business Strategies | Forecast- 2026
According to a new report published by Allied Market Research, titled, "Surgical Retractor Market by Product Type, Application: Global Opportunity Analysis and Industry Forecast, 2019-2026," the surgical retractor market was valued at $2 billion in 2018, and is expected to reach $3 billion by 2026, registering a CAGR of 3.9% from 2019 to 2026.The major factor that contributes to the growth of surgical retractor market include surge in the number of surgical procedures across the globe. Furthermore, other factors such as rise in healthcare expenditure and surge in prevalence of chronic medical conditions that require surgical procedures for treatment fuel the growth of surgical retractor market. In addition, surge in geriatric population worldwide is another major factor that contributes to the growth of market. However, enforcement of stringent regulations by the FDA for the approval of surgical equipment restricts the growth of surgical retractor market. Conversely, high growth potential in developing economies is expected to offer lucrative opportunities during the forecast period.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ ๐๐จ๐ฎ๐๐ก๐๐ซ: https://www.alliedmarketresearch.com/request-sample/6442
According to product type, the hand retractors occupied the largest share of surgical retractor market, owing to increase in adoption of these devices in plastic surgeries and small bone and joint surgeries. Therefore, surge in number of plastic surgeries performed across the globe is a major factor that boosts the growth of the segment. However, self-retaining retractors segment is anticipated to exhibit fastest growth rate during the forecast period, owing to the fact that the device has a locking system, which allows surgeons to use both hands. Thus, this renders the surgery to be more convenient for surgeons. In addition, other factors such as rise in awareness related to sue of self-retaining retractors and surge in healthcare expenditure boost the growth of the market.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ: https://www.alliedmarketresearch.com/purchase-enquiry/6442
By application, the abdominal surgeries segment acquired the largest share of the market, owing to surge in number of abdominal surgeries performed worldwide. Furthermore, abdominal surgeries involve large surgical incisions to obtain a better view of the organs involved in the surgery. Therefore, the need of surgical retractors in the abdominal surgeries is higher, which boosts the growth of the market. However, the cardiothoracic surgeries segment is expected to exhibit fastest growth rate during the forecast period, owing to rise in the prevalence of cardiac disorders across the globe.
Key Findings Of The Study
โข Hand retractors accounted for approximately one-third share of the market in 2018.
โข North America accounted for approximately half the share of the market share in 2018, and is expected to maintain this trend throughout the forecast period.
โข The cardiothoracic surgeries segment is anticipated to grow at fastest CAGR from 2019 to 2026.
โข The self-retaining retractors segment is expected to grow at a fastest CAGR during the forecast period.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: https://www.alliedmarketresearch.com/request-for-customization/6442
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
โข B Braun Melsungen Ag
โข Becton, Dickinson and Company
โข Henry Schein, Inc.
โข Integra Lifesciences Holdings Corporation
โข Johnson & Johnson
โข Medline Industries, Inc.
โข Medtronic Plc.
โข Teleflex Incorporated
โข Terumo Corporation
โข The Cooper Companies, Inc.
๐๐ญ๐ก๐๐ซ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Biosensors Market: https://www.alliedmarketresearch.com/biosensors-market
Covid-19 Diagnostics Market: https://www.alliedmarketresearch.com/covid-19-diagnostics-market-A06114
Surgical Robotic System Market: https://www.alliedmarketresearch.com/surgical-robotic-systems-market-A06827
๐๐จ๐ง๐ญ๐๐๐ญ:
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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