Sarasota, FL -- (SBWIRE) -- 02/20/2019 -- Global Surgical Retractor Market: Overview
With the rise in the prevalence of diseases across the world, substantial developments have been witnessed in the healthcare sector globally. There has been a rise in the number of hospitals, the launch of advanced surgical equipment alongside increased cases of targeted diseases that make surgery an inevitable option for the patients. The demand and popularity of the surgical retractor market across the globe can be attributed to the rise in the number of surgeries in different parts of the world.
Global Surgical Retractor Market: Growth Factors
The major growth driver of the global surgical retractor market in the future is the rise in the number of C-section surgeries, which, in turn, is fuelling the demand for retractors used during C-section. As per the American Medical Association, the global rate of adoption of cesarean surgeries is around 19%. Other factors that are anticipated to contribute notably toward the expansion of the surgical retractor market globally over the estimated timeframe include the rising number of mergers and acquisitions, the increasing rate of adoption of minimally invasive operations, and growing investments made by hospitals for upgrading their operating rooms. Furthermore, technological developments, such as automation related to surgical instruments, are continuously improving minimally invasive operation process, which, in turn, is projected to boost this market's development in the future.
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Global Surgical Retractor Market: Segmentation
The global surgical retractor market is categorized into type, design, product usage, application, product, and end-user. Based on the type, the surgical retractor market is classified into self-retaining, table-mounted, accessories, wire, and handheld. The design segment of this market comprises an angled/curved frame, fixed/flat frame, and blade/elevated frame. On the basis of product usage, this market is bifurcated into tissue handling and dissection and fluid swapping. By application, this global market is segmented into obstetrics and gynecology, abdominal, urological, finger, aesthetic surgery, orthopedic, cardiovascular, reconstructive surgery, wound closure, neurosurgery, and others. The product segment of this market comprises ribbon, thoracic, rectal, orthopedic, nerve, finger, abdominal, and others. On the basis of end-user, this market includes ambulatory surgical centers, clinics, diagnostic laboratories, hospitals, specialized clinics, and maternity and fertility centers.
Global Surgical Retractor Market: Regional Analysis
By region, this global market is primarily divided into Asia Pacific, North America, the Middle East and Africa, Europe, and Latin America. The Asia Pacific surgical retractor market is likely to emerge as the fastest growing market globally in the years ahead. This can be attributed to the growing occurrences of orthopedic disorders in geriatric and bariatric patients, increasing healthcare expenditure, and increasing awareness about advanced surgical procedures among the regional population. The North American region is the primary revenue generator in the surgical retractor market globally and is projected to hold a major market share over the estimated time period. This can be attributed to the presences of well-developed medical healthcare infrastructure, the high adoption rate of technologically advanced surgical products, and the rising number of cases of chronic diseases.
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Global Surgical Retractor Market: Competitive Players
Some most important players of the global surgical retractor market are Terumo Corporation, Johnson & Johnson, Arthrex Inc., Integra Lifesciences, Stryker Corporation, Medline Industries, Thompson Surgical, BR Surgical, B.Braun Melsungen, Sklar Surgical Instruments, Teleflex Incorporated, Medtronic, RTI Surgical, Invuity, Henry Schein, Globus Medical, MicroSurgical Technology, and Becton, Dickinson and Company, among others.
Global Surgical Retractor Market: Regional Segment Analysis
North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
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Full in-depth analysis of the parent market
Important changes in market dynamics
Segmentation details of the market
Former, on-going, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets
Testimonials to companies in order to fortify their foothold in the market.