The Global Self Retaining Retractors Market size is estimated to grow from USD 3 billion in 2017 to USD 5.2 billion by 2028, at a CAGR of 6.4%. The growth can be attributed to the increasing demand for minimally invasive surgeries and the rising number of healthcare facilities globally. The rising adoption of minimally invasive surgeries in developing countries and increasing preference for single-use self-retaining retractors will drive the growth of this market.
A Self Retaining Retractor is a medical instrument with a handle and two blades that are inserted into the skin to hold back tissue so that surgical tools can be used. The blade edges allow it to grip tissues, ensuring they do not slip out of place while being operated on.
It does not require any external manual pressure to maintain its position with respect to the body tissue being retracted. They work on gravitational forces by holding themselves in place without the need of an additional clamping mechanism which may cause excessive damage and unnecessary blood loss while performing delicate procedures like neurosurgery etc. The devices have been designed so that they protect vital structures from damage when they come into contact with sharp instruments during their usage time.
On the basis of Types, the market is segmented into Single Use Type and Reusable Type. The Single-Use type segment dominates the market with significant market share due to its convenience in usage, easy handling and disposal as well as a low cost of ownership.
Single-Use Retractors are disposable or single-use surgical instruments used in a medical procedure. They come in different shapes, sizes, and styles for the type of surgery being done. There are several reasons for a surgeon's preference of Single-Use Type products: the device can have an optimized design, lower cost as it does not require sterilization and cleaning after use and it also has less chance of causing infection in comparison with reusable devices.
A Single-Use self retractor is sterilized with ethylene oxide gas, that has been individually wrapped in polyethylene sheath to prevent contamination of other instruments. The sterilization process ensures the safety of patients by eliminating bacterial growth on surfaces that may come into contact with anybody's fluid present at the time of use during surgical procedures. The major drawback associated with this category is the high cost per piece due to availability only from few vendors along with a limited number of companies manufacturing them globally creating a monopolistic competition scenario for these products.
Reusable type refers to the self-retaining retractors which are made with stainless steel and can be used for more than one time. The reusable types of these retraction devices have a heavy-duty design that is able to withstand high forces while maintaining its shape. These self-retaining retractors come in different shapes such as circular, rectangular, or U-shaped and also have varying lengths depending on the use case it was designed for.
The reusable self-retaining retractors are used in different medical procedures to provide wide exposure for surgeons and allow them to operate on the desired areas. These devices can be utilized as sponges, spatulas, or clamps and come with either sharp edges or smooth surfaces depending on their intended use.
On the basis of Application, the market is segmented into Abdomen Surgery, Brain Surgery, Vascular Surgery, and Other. The self-retaining retractors are used mostly in abdominal surgeries to help surgeons see the desired area during surgery. For brain or vascular surgeries, the device is used as a clamp for holding back blood vessels from being cut so that they can be safely operated on. The Abdominal surgery application segment has the highest growth rate owing to an increased demand for minimally invasive approaches in all types of surgeries including a colonoscopy which involves abdominal incisions.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In terms of volume, Asia Pacific is estimated to be dominant as it features a large population which would increase patient pool size thereby driving demand for self-retaining retractors. It is also observed that North America has a higher adoption rate than other regions due to the increasing number of surgeries being performed on patients requiring better devices such as these (self-retaining retractors).
The major drivers for this growth are technological advancements in manufacturing equipment; increasing awareness about benefits offered by these devices during surgery such as minimization of tissue trauma; high adoption rate of robotic technology in surgical procedures which will drive demand for self retainer retractor use with increased accuracy and precision.
The major restraints that may hinder market growth are the lack of trained physicians or anesthesiologists who can operate these devices effectively on patients; stringent regulations regarding device quality standards imposed by regulatory authorities; and growing competitive pressure from new entrants.
Up Market Research published a new report titled “Self Retaining Retractors Market research report which is segmented by Types (Single Use Type, Reusable Type), By Applications (Abdomen Surgery, Brain Surgery, Vascular Surgery, Other), By Players/Companies J&J (DePuy Synthes), BD, Teleflex, B.Braun, Medtronic, MTS, Thompson Surgical, Mediflex, Invuity, Roboz, Medline, Sklar”.
|Report Attributes||Report Details|
|Report Title||Self Retaining Retractors Market Research Report|
|By Type||Single Use Type, Reusable Type|
|By Application||Abdomen Surgery, Brain Surgery, Vascular Surgery, Other|
|By Companies||J&J (DePuy Synthes), BD, Teleflex, B.Braun, Medtronic, MTS, Thompson Surgical, Mediflex, Invuity, Roboz, Medline, Sklar|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||245|
|Number of Tables & Figures||172|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Single Use Type, Reusable Type and By Application Abdomen Surgery, Brain Surgery, Vascular Surgery, Other.
Some of the companies that are profiled in this report are:
Self Retaining Retractors Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Self Retaining Retractors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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