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  • Published On : Sep 2021
  • Code : CMI4658
  • Industry : Medical Devices
  • Pages : 176
  • Formats :

Surgical retractors are hand-held surgical instruments which are mostly used by the surgeons during surgical procedure. Surgical retractors are made up of steel and this tool has the curvy or angled blade at one end with a handle to hold it on the other end. Surgical retractors are also called as a surgical detractor. Surgical retractors are used by the surgeons, to separate the edges of surgical wounds. They are also used to hold the back of tissue or organ. These instruments can be used by hand or by the robotic method while performing the surgical procedures.

Global Surgical Retractors Market - Impact of the Coronavirus (COVID-19) Pandemic

The COVID-19 pandemic is expected to hamper the growth of the global surgical retractors market over the forecast period. For instance, the COVID-19 pandemic and lockdown in various countries across the globe has impacted the financial status of businesses across all sectors including private healthcare sector. The COVID-19 pandemic has impacted the entire supply chain of the healthcare industry mainly due to strict lockdown in several regions across the globe. The COVID-19 pandemic has affected the economy of various regions across the globe in three main ways;

  • by directly affecting the production and demand
  • by creating disruptions in distribution channels
  • Through its financial impact on companies and financial markets

Various countries such as Thailand, Indonesia, and Singapore are facing problems with regards to transportation and distribution of healthcare products. In 2020, the COVID-19 pandemic disrupted health-care delivery around the world, including delays in surgeries due to unavailability of surgical refractors. Thus, impact of the coronavirus (COVID-19) pandemic is expected to limit the growth of the global surgical refractors market during the forecast period.

There was decrease in the number of surgeries observed during the COVID-19 pandemic. For instance, according to a study published in Multidisciplinary Digital Publishing Institute (MDPI), in April 2021, the total number of knee arthoplasty procedures performed globally during March 4, 2020 and October 15, 2020, decreased by 43.86% in comparison with the number of knee arthroplasties conducted in the corresponding period in 2019 (March 4, 2019 and October 15, 2019).

The global surgical retractors market is estimated to be valued at US$ 1779.3 Mn in 2021 and is expected to exhibit a CAGR of 6.6% over the forecast period (2021-2028).  

Figure 1: Global Surgical Retractors Market Share, (%), Analysis, By Type, 2021

Surgical Retractors  | Coherent Market Insights

Market players are indulged in inorganic activities such as partnerships, in order to expand their product portfolio, which is expected to drive the growth of the global surgical retractors market, over the forecast period.

Increasing inorganic activities such as partnerships is expected to increase the growth of the market over the forecast period. For instance, in 2020, JUNE MEDICAL entered into partnership with Vivo Surgical, in order to launch the Galaxy II LUX self-retaining ring retractor with light. The device is manufactured by combining both the features of JUNE MEDICAL’s Galaxy II retractor with Vivo Surgical’s KLARO light that is been mounted on the retractor via a purpose-designed clip. The advantage of this retractor is that, it provides surgeons better access and a clearer view of the surgical site, and thus eliminating the disadvantages of using overhead lighting or personal head torches.

Increasing number of surgical procedures is expected to increase the growth of the global surgical retractors market over the forecast period.

The increasing number of surgical procedures is expected to aid in the growth of the market over the forecast period. Surgical procedures are medical interventions involving an incision with instruments usually performed in an operating theatre and normally involving anesthesia and/or respiratory assistance. There are different types of surgical procedures such as: caesarean sections, cataract surgery, breast biopsy, bariatric surgery, and others.

Moreover, according to the World Cancer Journal: 2020, the following graph shows the prevalence of various cancers in both the sexes worldwide. Therefore, increasing prevalence of cancer among the global population is expected to increase the number of surgeries performed, which in turn is expected to boost the growth of the market over the forecast period.

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Surgical Retractors Market Report Coverage

Report Coverage Details
Base Year: 2020 Market Size in 2021: US$ 1779.3 Mn
Historical Data for: 2018 to 2020 Forecast Period: 2021 to 2028
Forecast Period 2021 to 2028 CAGR: 6.6% 2028 Value Projection: US$ 2787.7 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Type: Handheld, Self-retaining
  • By Product: Abdominal Retractor, Finger Retractor, Nerve Retractor, Orthopedic Retractor, Rectal Retractor, Thoracic Retractor, Ribbon Retractor, Others
  • By Application: Neurosurgery, Wound Closure, Reconstructive Surgery, Cardiovascular, Orthopedic, Obstetrics and Gynecology (Ob/Gyn), Others
  • By End User: Hospitals, Ambulatory Surgical Centers, Clinics
Companies covered:

Medtronic Plc, Becton, Dickinson and Company, Medical Devices Business Services, Inc., Teleflex Incorporated, Medline Industries, Inc., B. Braun Melsungen AG, Applied Medical Resources Corporation, Thompson Surgical, Innomed, Inc., LiNA Medical ApS, Vivo Surgical Private Limited, BVI, CooperSurgical Inc., Stryker Corporation, Mediflex Surgical Products, Applied Medical Technology, Inc., and Changzhou Haiers Medical Devices Co., Ltd.

Growth Drivers:
  • Increasing inorganic activities such as partnerships
  • Increasing number of surgical procedures
  • Increasing product launches
Restraints & Challenges:
  • Disadvantages of surgical retractors

Surgical Retractors  | Coherent Market Insights

Global Surgical Retractors Market – Restraints

Increasing disadvantages of surgical retractors is expected to hamper the growth of the global surgical retractors market over the forecast period. According to the article published by the researchers of National Institute of Technology, Kurukshetra, India: 2018, the following are the disadvantages of using surgical retractors:

  • The surgical retractors have sharp tips, which can damage the important soft tissues, such as nerves and blood vessels
  • The use of retractor may lead to intraoperative damage to other organs which further leads to major postoperative complications. There is a high risk of intra-abdominal scar formation.
  • It causes damage to the colon and femoral nerve. Lesions in the colon may occur due to the tension of the retractor blade despite being padded with sponges.
  • The retractor may also damage renal vein causing renal vein thrombosis in which formation of clot occurs in the vein that drains blood from the kidneys, ultimately leading to a reduction in the drainage of one or both kidneys.
  • The retractor may also cause to distended abdomen, rising leukocytes, rising C-reactive protein. It may also lead to peritonitis due to perforation of the cecum.

Global Surgical Retractors Market – Regional Analysis

On the basis of region, the global surgical retractors market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

Among regions, North America is expected to hold a dominant position during forecast period, owing increasing launches of new and innovative surgical retractors. For instance, in 2019, OBP Medical Corporation launched ONETRAC LX, a cordless surgical retractors with an integrated multi-LED light source and dual smoke evacuation channels. ONETRAC LX retracts, illuminates and evacuates surgical smoke, all with one fully integrated device. Within seconds, ONETRAC LX provides illumination and smoke evacuation in the depths of a surgical pocket.

Furthermore, Europe is also estimated to witness significant growth in the global surgical retractors market, owing to the increasing launches of surgical retractors in the region. For instance, in 2018, QSpine, a British manufacturer, launched the SURE Single Use Retractor, which helps in illuminating the surgical site with integrated LED light cartridges that are attached to the blades. This delivers superior illumination to traditional overhead lights or headlights. SURE Single Use Retractors are delivered sterile which eliminates the need for sterilization and cleaning.

Figure 2: Global Surgical Retractors Market (US$ Mn), by Region, 2021

Surgical Retractors  | Coherent Market Insights

Global Surgical Retractors Market – Competitive Landscape

Major players operating in the global surgical retractors market include Medtronic Plc, Becton, Dickinson and Company, Medical Devices Business Services, Inc., Teleflex Incorporated, Medline Industries, Inc., B. Braun Melsungen AG, Applied Medical Resources Corporation, Thompson Surgical, Innomed, Inc., LiNA Medical ApS, Vivo Surgical Private Limited, BVI, CooperSurgical Inc., Stryker Corporation, Mediflex Surgical Products, Applied Medical Technology, Inc., and Changzhou Haiers Medical Devices Co., Ltd.

A surgical retractor is a medical instrument and is used by the surgeons during surgical procedures. The instrument is used to hold the edges of a wound to keep it open during the surgery in order to provide proper visualization to the surgeons during the surgical procedures. Surgical retractors are employed in various surgeries such as abdominal surgeries, cardiothoracic surgeries, and orthopedic surgeries. Different types of surgical retractors used during surgical procedures include hand retractors, self-retaining retractors, and wire retractors. 

Market Dynamics

Market players are indulged in launching new surgical retractors, which is expected to drive the growth of the global surgical retractors market, over the forecast period. For instance, in 2015, OBP Medical launched a new product in its surgical retractors portfolio i.e., Clear-Trac line of disposable surgical retractors. The portfolio of Clear-Trac line consists of the following products for various applications:

  • Clear-Trac SP for surgical pocket procedures
  • Clear-Trac V for vaginal procedures
  • Clear Trac B for breast procedures

All the above mentioned products feature a built-in light source to provide illumination during surgery.

Increasing prevalence of types of arthritis, will increase number of knee replacement surgeries that will be carried out in the hospitals. This is expected to boost the global surgical retractors market growth in the near future. For instance, according to the data of National Center for Chronic Disease Prevention and Health Promotion (NCCDPHP), around 23% of all adults or more than 54 million people aged 18 years or older have arthritis in the U.S., as of 2019. As per the same source, it is a leading cause of work disability, with annual costs for medical care and lost earnings of US$ 303.5 billion.

Moreover, the prevalence of osteoarthritis is increasing due to population ageing and an increase in related factors such as obesity and sedentary life style. The physical disability arising from pain and loss of functional capacity reduces quality of life and increases the risk of further morbidity. As highly effective medicinal management is not available, emphasis should be given to preventive aspect of life style measures in the form of healthy diet and exercise.

Key features of the study:

  • This report provides an in-depth analysis of global surgical retractors market, provides market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2020 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global surgical retractors market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Medtronic Plc, Becton, Dickinson and Company, Medical Devices Business Services, Inc., Teleflex Incorporated, Medline Industries, Inc., B. Braun Melsungen AG, Applied Medical Resources Corporation, Thompson Surgical, Innomed, Inc., LiNA Medical ApS, Vivo Surgical Private Limited, BVI, CooperSurgical Inc., Stryker Corporation, Mediflex Surgical Products, Applied Medical Technology, Inc., and Changzhou Haiers Medical Devices Co., Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
  • The global surgical retractors market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global surgical retractors market

Detailed Segmentation:

  • Global Surgical Retractors Market, By Type:
    • Handheld
    • Self-retaining
  • Global Surgical Retractors Market, By Product:
    • Abdominal Retractor
    • Finger Retractor
    • Nerve Retractor
    • Orthopedic Retractor
    • Rectal Retractor
    • Thoracic Retractor
    • Ribbon Retractor
    • Others
  • Global Surgical Retractors Market, By Application:
    • Neurosurgery
    • Wound Closure
    • Reconstructive Surgery
    • Cardiovascular
    • Orthopedic
    • Obstetrics and Gynecology (Ob/Gyn)
    • Others
  • Global Surgical Retractors Market, By End User:
    • Hospitals
    • Ambulatory Surgical Centers
    • Clinics
  • Global Surgical Retractors Market, By Region:
    • North America
      • By Type:
        • Handheld
        • Self-retaining
      • By Product:
        • Abdominal Retractor
        • Finger Retractor
        • Nerve Retractor
        • Orthopedic Retractor
        • Rectal Retractor
        • Thoracic Retractor
        • Ribbon Retractor
        • Others
      • By Application:
        • Neurosurgery
        • Wound Closure
        • Reconstructive Surgery
        • Cardiovascular
        • Orthopedic
        • Obstetrics and Gynecology (Ob/Gyn)
        • Others
      • By End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Clinics
      • By Country:
        • U.S.
        • Canada
    • Latin America
      • By Type:
        • Handheld
        • Self-retaining
      • By Product:
        • Abdominal Retractor
        • Finger Retractor
        • Nerve Retractor
        • Orthopedic Retractor
        • Rectal Retractor
        • Thoracic Retractor
        • Ribbon Retractor
        • Others
      • By Application:
        • Neurosurgery
        • Wound Closure
        • Reconstructive Surgery
        • Cardiovascular
        • Orthopedic
        • Obstetrics and Gynecology (Ob/Gyn)
        • Others
      • By End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Clinics
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Type:
        • Handheld
        • Self-retaining
      • By Product:
        • Abdominal Retractor
        • Finger Retractor
        • Nerve Retractor
        • Orthopedic Retractor
        • Rectal Retractor
        • Thoracic Retractor
        • Ribbon Retractor
        • Others
      • By Application:
        • Neurosurgery
        • Wound Closure
        • Reconstructive Surgery
        • Cardiovascular
        • Orthopedic
        • Obstetrics and Gynecology (Ob/Gyn)
        • Others
      • By End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Clinics
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Type:
        • Handheld
        • Self-retaining
      • By Product:
        • Abdominal Retractor
        • Finger Retractor
        • Nerve Retractor
        • Orthopedic Retractor
        • Rectal Retractor
        • Thoracic Retractor
        • Ribbon Retractor
        • Others
      • By Application:
        • Neurosurgery
        • Wound Closure
        • Reconstructive Surgery
        • Cardiovascular
        • Orthopedic
        • Obstetrics and Gynecology (Ob/Gyn)
        • Others
      • By End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Clinics
      • By Country:
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
    • Middle East
      • By Type:
        • Handheld
        • Self-retaining
      • By Product:
        • Abdominal Retractor
        • Finger Retractor
        • Nerve Retractor
        • Orthopedic Retractor
        • Rectal Retractor
        • Thoracic Retractor
        • Ribbon Retractor
        • Others
      • By Application:
        • Neurosurgery
        • Wound Closure
        • Reconstructive Surgery
        • Cardiovascular
        • Orthopedic
        • Obstetrics and Gynecology (Ob/Gyn)
        • Others
      • By End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Clinics
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Type:
        • Handheld
        • Self-retaining
      • By Product:
        • Abdominal Retractor
        • Finger Retractor
        • Nerve Retractor
        • Orthopedic Retractor
        • Rectal Retractor
        • Thoracic Retractor
        • Ribbon Retractor
        • Others
      • By Application:
        • Neurosurgery
        • Wound Closure
        • Reconstructive Surgery
        • Cardiovascular
        • Orthopedic
        • Obstetrics and Gynecology (Ob/Gyn)
        • Others
      • By End User:
        • Hospitals
        • Ambulatory Surgical Centers
        • Clinics
      • By Country/Region:
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
    • Medtronic Plc*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Highlights
      • Strategies
    • Becton, Dickinson and Company
    • 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 Corporation
    • Mediflex Surgical Products
    • Applied Medical Technology, Inc
    • Changzhou Haiers Medical Devices Co., Ltd.

“*” marked represents similar segmentation in other categories in the respective section.

Frequently Asked Questions

The global surgical retractors market is expected to exhibit a CAGR of 6.6% during the forecast period (2021-2028).
The market is estimated to be valued at US$ 1779.3 Mn in 2021.
Medtronic Plc, Becton, Dickinson and Company, Medical Devices Business Services, Inc., Teleflex Incorporated, Medline Industries, Inc., B. Braun Melsungen AG, Applied Medical Resources Corporation, Thompson Surgical, Innomed, Inc., LiNA Medical ApS, Vivo Surgical Private Limited, BVI, CooperSurgical Inc., Stryker Corporation, Mediflex Surgical Products, Applied Medical Technology, Inc., and Changzhou Haiers Medical Devices Co., Ltd. are some of the prominent players operating in the market over the forecast period.
The market is expected to be valued at US$ 2787.7 Mn in 2028.
North America is the prominent region in the market.
Handheld, which belongs to the type segment, is the prominent segment in the market.

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