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Surgical Retractors Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032
The Business Research Company’s Surgical Retractors Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032
— The Business Research Company
LANDON, GREATER LANDON, UK, November 15, 2023 /EINPresswire.com/ — The global surgical retractors market has experienced robust growth, escalating from $2.19 billion in 2022 to $2.38 billion in 2023, reflecting a substantial Compound Annual Growth Rate (CAGR) of 8.6%. Despite challenges stemming from the Russia-Ukraine conflict and the enduring impacts of the COVID-19 pandemic, the market is poised to advance further, with an anticipated value of $3.13 billion by 2027.
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Driving Forces: Surge in Surgical Procedures
A significant driver fueling the growth of the surgical retractors market is the notable increase in the number of surgical procedures worldwide. Surgical procedures encompass a broad spectrum of medical treatments involving incisions and the use of tools for diagnosis, investigation, or treatment. Surgical retractors play a crucial role in various medical fields, including open surgery, endoscopy, dermatology, ophthalmology, and dentistry, aiding in the manipulation of tissues or organs during surgeries. In the United States alone, surgical procedures witnessed a remarkable 54% increase in 2021, as reported by the American Society for Aesthetic Plastic Surgery. This surge in surgical procedures is a key factor propelling the demand for surgical retractors.
Market Landscape and Key Players
Major players shaping the landscape of the surgical retractors market include B. Braun, Becton, Dickinson and Company, Henry Schein Inc., Integra Lifesciences Holdings Corporation, Johnson & Johnson Private Limited, Medline Industries Inc., Medtronic PLC., Teleflex Incorporated, Terumo Corporation, The Cooper Companies Inc., Applied Medical Resources Corporation, Arthrex Inc., Stryker Corporation, Bausch Health Companies Inc., Enovis Corporation, and Globus Medical Inc.
Technology Trends: Advancements in Surgical Retractors
A prominent trend gaining momentum in the surgical retractors market is technological advancements. Key market players are actively introducing innovative technologies to maintain their competitive edge. In August 2021, Advanced Surgical Retractor Systems Inc., a US-based medical equipment company, launched the TITAN Cestero surgical retractor (CSR), a groundbreaking advancement in surgical retractor technology. The TITAN CSR, designed to integrate with Bookwalter blades, combines multiple retractors into a single device, offering optimal exposure to deep and retroperitoneal structures with a remarkable 50x faster setup speed.
Regional Dynamics: North America Leads the Charge
Access the complete report for an in-depth analysis of the global surgical retractors market:
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Surgical Retractors Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Surgical Retractors Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on surgical retractors market size, surgical retractors market drivers and trends, surgical retractors market major players, competitors’ revenues, market positioning, and market growth across geographies. The surgical retractors market report helps you gain in-depth insights on surgical retractors market opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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Esoteric Testing Market Growth Forecast 2023-2027
