Surgical retractors are handheld surgical instruments used by a
surgeon during surgical procedure. Surgical retractors are used
manually or by through a robot method. Surgical retractors are also
categorized into handheld and self-retaining. These instruments are
available in different shapes, sizes, and styles for use in different
types of surgery. Surgical retractors are also referred as surgical
detractors. Surgical retractor is a simple steel tool with a curvy or
angled blade at one end and a handle to hold it comfortably. A
surgeon needs to choose an appropriate retractor according to the
need of the surgery. For example, hand-cranked surgical retractor is
used for rib surgery, and a thoracic retractor is employed for
thoracic surgeries. Both reusable and disposable surgical retractors
are available in the market. Surgical retractors are used to separate
the edges of surgical incision or wound and to hold back tissue or
organ.
Rise in surgical procedures globally have increased demand for
surgical instruments. This is projected to boost the growth of the
surgical retractors market during the forecast period. According to
the World Health Organization (WHO), nearly 4,511 surgical procedures
were performed per 100,000 people in 2012. Rise in prevalence and
incidence of chronic diseases has increased the number of surgical
procedures globally, which is a primary factor driving the surgical
retractors market. According to the Centers for Disease Control and
Prevention (CDC), seven of the top 10 causes of death in 2014 were
chronic diseases. Two of these chronic diseases heart disease and
cancer accounted for nearly 46% of all deaths. Moreover, rise in the
geriatric population has increased the number of reconstructive and
minimally invasive surgical procedures. This in turn is expected to
boost the growth of the global surgical retractors market. Stringent
regulations by the FDA for the approval of surgical equipment is
anticipated to hamper the growth of the market.
The global surgical retractors market can be segmented based on
product type, application, end-user, and region. In terms of product
type, the market can be categorized into finger retractor, nerve
retractor, orthopedic retractor, rectal retractor, thoracic
retractor, ribbon retractor, self-retaining retractor, and others.
Based on application, the global surgical retractors market can be
divided into endoscopy, surgery, dental, urology, and others. The
surgery segment can be classified into orthopedic, nervous system,
digestive system, ophthalmology, and others. In terms of end-user,
the market can be segmented into hospitals, clinics, ambulatory
surgical centers, and others.
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Geographically, the global surgical retractors market can be
segmented into five regions: North America, Europe, Asia Pacific,
Latin America, and Middle East & Africa. North America accounts
for the largest share of the global surgical retractors market due to
the adoption of new technologies and favorable reimbursement scenario
for surgical procedures in the region. Europe accounts for the second
largest market share in terms of revenue owing to rise in the number
of plastic surgeons and favorable regulatory framework. The market in
Asia Pacific is expected to expand at a high CAGR during the forecast
period due to rise in medical tourism in countries such as India,
China, and other countries in Asia Pacific. Latin America and Middle
East & Africa are expected to be prospective markets in the near
future due to increase in health care expenditure and improvement in
health care infrastructure.
Key players operating in the global surgical retractors market are
Becton Dickinson and Company, Sklar Surgical Instruments, Teleflex
Incorporated, BR Surgical, CONMED Corporation, Medtronic, Olympus
Corporation, and CooperSurgical, Inc.
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