United States Surgical Retractors Market Forecast 2022-2028
KEY FINDINGS
The United States surgical retractors market is estimated to project a CAGR of 5.67% during the forecasting years between 2022 and 2028. A large number of yearly surgical procedures are performed in the country resulting in bulk purchasing of surgical retractors, therefore driving the market growth during the forecast period.
MARKET INSIGHTS
Surgical procedures are medical interventions with instruments that are usually performed in an operating theatre and normally involve respiratory assistance or anesthesia. The United States is one of the major revenue-generating countries with a growing aging population, availability of specialized and application-specific products, and a high number of surgical procedures. In a 2018 Advancing Surgical Care Association report, they confirmed to perform 23 million procedures in the country. Therefore, an increasing number of surgeries in the United States boosts the surge of the surgical sutures market.
Furthermore, a well-established healthcare system and ongoing hospital investments to upgrade operating rooms, including surgical instruments, are also driving the growth. Additionally, the increasing cases of injury is also one of the factors attributed to the growth of the United States surgical retractors market during the forecast period.
COMPETITIVE INSIGHTS
Leading market players include Globus Medical Inc, Teleflex Inc, The Cooper Companies Inc, Integra Lifesciences Holdings Corporation, Becton Dickinson and Company, etc.
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