Surgical Retractors Market Estimated At USD 2.5 Billion By 2030

 San Francisco, 27 Dec 2023: The Report Surgical Retractors Market Size, Share & Trends Analysis Report By Type (Handheld, Self-retaining), By Product (Abdominal Retractor, Finger retractor) By Application (Neurosurgery, Ob/Gyn), By End-use), By Region, And Segment Forecasts, 2023 - 2030

The global surgical retractors market size is estimated to reach USD 2.5 billion by 2030 registering a CAGR of 4.8%, according to a new report by Grand View Research, Inc. Increase in the number of surgical procedures owing to the growing prevalence of chronic diseases, rising adoption of minimally invasive surgeries and development of minimally invasive surgical retractors by major players are the factors expected to contribute to growth. The presence of a large number of players and their growing number of strategic initiatives to enhance their product portfolios is expected to boost growth.

Growing awareness about organ donation and an increasing number of transplantation procedures have a direct impact on the growth. Along with this, open heart surgeries, Kidney procedures, and trauma cases include heavy usage of surgical retractors. The introduction of advanced surgical retractors which include a minimal effort by surgeons is being preferred to reduce turnaround time. Increasing adoption of robotic surgery is also anticipated to play important role in market growth. The market started to normalize after the second wave of the COVID-19 pandemic. Increasing vaccination and resuming elective surgeries under strict guidelines are anticipated to increase the demand in the second semester of 2021. 

Access Research Report of Surgical Retractors Market @ https://www.grandviewresearch.com/industry-analysis/surgical-retractor-market

Surgical Retractors Market Report Highlights

• The handheld type segment accounted for the largest revenue share in 2022 owing to high preference and low price
• The orthopedic segment held the largest revenue share in 2022 in the product outlook
• The Obstetrics and Gynecology (Ob/Gyn) segment held the largest revenue share in 2022 due to its advantages including minimal post-operative pain and ease of procedure
• North America held the largest market share in the market and is predicted to maintain its dominance over the forecast period

Surgical Retractors Market Report Scope

Report Attribute	Details
Market size value in 2023	USD 1.8 billion
Revenue forecast in 2030	USD 2.5 billion
Growth rate	CAGR of 4.8% from 2023 to 2030
Base year for estimation	2022
Historical data	2018 - 2021
Forecast period	2023 - 2030

List Of Key Players in the Surgical Retractors Market

• Medtronic
• Becton, Dickinson, and Company (BD)
• Medical Devices Business Services, Inc.
• Teleflex Incorporated
• Medline Industries, Inc.
• Braun Melsungen AG
• Applied Medical Resources Corporation
• Thompson Surgical
• Innomed, Inc.
• LiNA Medical ApS
• Vivo Surgical Private Limited
• BVI
• CooperSurgical Inc.
• Stryker
• Terumo Corporation
• June Medical Group
• Mediflex Surgical Products
• Chamfond Biotech Co., Ltd
• Applied Medical Technology, Inc. (AMT)
• Microcure (Suzhou) Medical Technology Co., Ltd.
• Changzhou Haiers Medical Devices Co., Ltd
• Boston Scientific Corporation
• Coloplast

Access Press Release of Surgical Retractors Market @ https://www.grandviewresearch.com/press-release/global-surgical-retractors-market