Plastic Wound Retractor Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)
The global plastic wound retractors market is expected to experience sluggish growth over the forecast period. This growth is primarily driven by the increasing adoption of disposable plastic retractors for various surgeries, including hernia, C-section, and bariatric surgery. However, the market faces challenges due to a lack of skilled laparoscopic surgeons, side effects associated with surgeries, and the availability of alternative retraction systems.
Factors Influencing Market Growth
Despite the anticipated sluggish growth, several factors are contributing to the expansion of the global plastic wound retractors market. The market is projected to grow at a compound annual growth rate over the forecast period, reaching a substantial revenue by the end of this period. One of the major drivers is the rapid increase in the rate of surgeries worldwide. The demand for plastic wound retractors is particularly high for bariatric surgery, driven by the rising number of obesity treatments. According to the World Obesity Federation, obesity rates are significantly higher in developed regions compared to developing ones, leading to an increased demand for bariatric surgery.
Cesarean Section Surgery Driving Demand
Another significant contributor to the demand for plastic wound retractors is the high rate of Cesarean section (C-section) surgeries. C-sections are the most common surgeries performed on women of reproductive age globally. According to the American Medical Association, the C-section rate is notable among all pregnancies worldwide, with approximately one in three births in the U.S. occurring by C-section. The rate of C-sections has grown dramatically over the past few decades, further boosting the demand for plastic wound retractors.
Abdominal Surgery to Hold Greatest Revenue Share
The global plastic wound retractors market is segmented by product type, application, surgery type, end user, and region. Among these segments, abdominal surgery is expected to hold the greatest revenue share. The market valuation for abdominal surgery is projected to be significant by the end of the forecast period. Within the abdominal surgery segment, the hernia sub-segment leads with a strong revenue projection, followed by the bladder surgery sub-segment, which is also expected to show substantial growth.
Regional Market Applications
The application of plastic wound retractors varies across different regional markets. In North America, plastic wound retractors are increasingly used in abdominal surgeries, which are expected to generate significant revenue. The abdominal surgery segment in North America is projected to achieve a notable market revenue by the end of the forecast period. The bladder surgery segment, though smaller, is also expected to contribute to the market with a solid revenue share.
In the Asia Pacific region, the abdominal surgery segment is anticipated to reach a strong market valuation by the end of the assessment period. The bladder surgery segment in this region is estimated to achieve a solid market value towards the close of the forecast period.
Key Market Player Includes:
• Applied Medical Resources Corp
• Betatech Medical
• Changzhou Ankang Medical Instruments Co Ltd
• Geister Medizintechnik GmbH
• HAKKO CO., LTD.
• Cooper Surgical
• Wecan Medicare
• Victor Medical Instruments Co., Ltd.
• Vaxcon Corporation
• PRESCIENT SURGICAL, INC
• SEJONG MEDICAL CO., LTD.
• SURKON MEDICAL CO., LTD
• Surgicore Co. Ltd.
• Swemac Innovation AB
• 3M Company
• Medtronic, Inc.
• Ethicon US, LLC (sub. Johnson & Johnson Services, Inc.)
• Grena Limited
• MetroMed Healthcare Co. Ltd
• LOCAMED LIMITED
• Others.
Global Plastic Wound Retractor Market is Segmented as Below:
By Product Type:
• Ring Based
o Small
o Medium
o Large
o Extra Large
• Prong Based
o Single
o Double
o Triple
o Others
By Application type:
• Abdominal Surgery
o Colorectal (open)
o Colorectal (lap)
o General Surgery (open)
o General Surgery (lap)
o C-sections
o Hernia Gastric
o Bypass (open)
• Cardiac Surgery Orthopedic Surgery
• Spinal Surgery
• Plastic Surgery
• Dental Surgery
• Brain Surgery
• Thyroid Surgery
• Other Surgeries
By Surgery Type:
• Minimally Invasive Surgery
• Open Surgery
By End User Type:
• Hospitals Ambulatory
• Surgical Centers
By Region
• North America
• Latin America
• Europe Asia Pacific
• Middle East and Africa
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