The Latin America, Middle East and Africa Surgical Retractor Market is expected to witness market growth of 6.9% CAGR during the forecast period (2020-2026).
Surgical retractors can be hand-held or self-retained. The self-retaining segment is expected to have the highest growth rate due to technological advances. An example of these developments is the head-mounted fiber optic incorporated 'The Opight' retractor. In addition, this segment will be driven by increased expenditure on medical instruments in both developed and developing countries. The major factor contributing to the growth of the market for surgical retractors is the increase in the number of surgical procedures around the globe. In addition, certain trends, such as a rise in healthcare spending and an increase in the incidence of chronic medical conditions, which involve surgical procedures for diagnosis, are fuelling the growth of the demand for surgical retractors.
Established companies have been concentrating on research and development activities in order to launch new product lines and help accessories on the market. For example, in December 2016, Mediflex launched its patented FlexGuard Blade Cushion technology. It is a disposable and sterile accessory designed for retractor blades that acts as a shock absorber and increases the safety of the patient.
In terms of application, the growth in obstetrics and gynecology segment was due to an increase in the prevalence of gynecological disorders such as polycystic ovary syndrome (PCOS), uterine cancer and cervical cancer. In addition, increasing awareness of the benefits of regular check-ups has resulted in more gynecological surgeries, thereby boosting the use of retractors in this segment.
The neurosurgery segment is projected to grow at a higher pace during the forecast period. The availability of technically advanced neurosurgery tools, combined with high spending on medical devices and supplies by healthcare facilities, is expected to fuel segment growth in the future.
Based on Application, the market is segmented into Abdominal Surgeries, Orthopedic Surgeries, Obstetric & Gynecological Surgeries, Cardiothoracic Surgeries and Other Applications. Based on Product, the market is segmented into Hand Retractor, Wire Retractors, Self-Retaining Retractors, Table-mounted Retractors and Accessories. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson, Medtronic PLC, Baxter International, Inc., B. Braun Melsungen AG, Becton, Dickinson and Company, Henry Schein, Inc., Integra LifeSciences Holdings Corporation, Novo Nordisk A/S, Teleflex, Inc., and Terumo Corporation
Scope of the Study
Market Segmentation:
By Application
By Product
By Country
Companies Profiled
Unique Offerings from the Publisher
Surgical retractors can be hand-held or self-retained. The self-retaining segment is expected to have the highest growth rate due to technological advances. An example of these developments is the head-mounted fiber optic incorporated 'The Opight' retractor. In addition, this segment will be driven by increased expenditure on medical instruments in both developed and developing countries. The major factor contributing to the growth of the market for surgical retractors is the increase in the number of surgical procedures around the globe. In addition, certain trends, such as a rise in healthcare spending and an increase in the incidence of chronic medical conditions, which involve surgical procedures for diagnosis, are fuelling the growth of the demand for surgical retractors.
Established companies have been concentrating on research and development activities in order to launch new product lines and help accessories on the market. For example, in December 2016, Mediflex launched its patented FlexGuard Blade Cushion technology. It is a disposable and sterile accessory designed for retractor blades that acts as a shock absorber and increases the safety of the patient.
In terms of application, the growth in obstetrics and gynecology segment was due to an increase in the prevalence of gynecological disorders such as polycystic ovary syndrome (PCOS), uterine cancer and cervical cancer. In addition, increasing awareness of the benefits of regular check-ups has resulted in more gynecological surgeries, thereby boosting the use of retractors in this segment.
The neurosurgery segment is projected to grow at a higher pace during the forecast period. The availability of technically advanced neurosurgery tools, combined with high spending on medical devices and supplies by healthcare facilities, is expected to fuel segment growth in the future.
Based on Application, the market is segmented into Abdominal Surgeries, Orthopedic Surgeries, Obstetric & Gynecological Surgeries, Cardiothoracic Surgeries and Other Applications. Based on Product, the market is segmented into Hand Retractor, Wire Retractors, Self-Retaining Retractors, Table-mounted Retractors and Accessories. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Johnson & Johnson, Medtronic PLC, Baxter International, Inc., B. Braun Melsungen AG, Becton, Dickinson and Company, Henry Schein, Inc., Integra LifeSciences Holdings Corporation, Novo Nordisk A/S, Teleflex, Inc., and Terumo Corporation
Scope of the Study
Market Segmentation:
By Application
- Abdominal Surgeries
- Orthopedic Surgeries
- Obstetric & Gynecological Surgeries
- Cardiothoracic Surgeries and
- Other Applications
By Product
- Hand Retractor
- Wire Retractors
- Self-Retaining Retractors
- Table-mounted Retractors and
- Accessories
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Johnson & Johnson
- Medtronic PLC
- Baxter International, Inc.
- B. Braun Melsungen AG
- Becton, Dickinson and Company
- Henry Schein, Inc.
- Integra LifeSciences Holdings Corporation
- Novo Nordisk A/S
- Teleflex, Inc.
- Terumo Corporation
Unique Offerings from the Publisher
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. LAMEA Surgical Retractor Market by Application
Chapter 4. LAMEA Surgical Retractor Market by Product
Chapter 5. LAMEA Surgical Retractor Market by Country
Chapter 6. Company Profiles
Companies Mentioned
- Johnson & Johnson
- Medtronic PLC
- Baxter International, Inc.
- B. Braun Melsungen AG
- Becton, Dickinson and Company
- Henry Schein, Inc.
- Integra LifeSciences Holdings Corporation
- Novo Nordisk A/S
- Teleflex, Inc.
- Terumo Corporation
Methodology
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