Breast Surgery Retractors Market Growth Analysis | 2023-2028

Market Insights

The breast surgery retractors market was estimated at USD 307.04 million in 2022 and is likely to grow at a CAGR of 3.2% during 2023-2028 to reach USD 371.99 million in 2028.

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What is a retractor?

A retractor is a surgical instrument that is used to separate the edges of a wound or surgical incision or to hold back underlying tissues and organs so that body parts under the incision may be accessed. The general categories of cosmetic surgery that are performed on the breasts are breast augmentation, breast reduction, and breast reconstruction.

COVID-19 Impact

The COVID-19 pandemic has moderately affected the breast surgery retractors industry. The rapid spread of COVID-19 has led to several thousands of hospital admissions. The focus of healthcare professionals has been shifted toward the treatment of COVID-19-infected patients, which affected the treatment of non-emergency medical conditions, amid the pandemic.

Market Dynamics

The rising number of patients, as well as the increasing preference for minimally invasive surgery resulting in a surge in medical innovations, are likely to boost the market growth. Increasing government funding in research activities and expanding the healthcare sector have positively influenced product usage. Moreover, the growing number of patients diagnosed with breast cancer and breast-associated disorders, increasing disposable income, high prevalence of the geriatric population, and rise in demand for minimally invasive procedures for breast cosmetic surgeries further augments the industry growth.

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Segments Analysis

By End-Use Type

Based on end-use, the breast surgery retractors market has been classified into hospitals, ambulatory surgical centers, and gynecology clinics. Under these, the hospitals segment held the largest market share in 2022 and is likely to grow at a considered CAGR during the forecast period. Hospitals are the first place where the brain tumor is tested and diagnosed. Well-equipped infrastructure and facilities with qualified breast surgery specialists further bolster the segment's growth.

Regional Insights

By region, the North American market held a significant market share in 2022 and is projected to grow at a healthy CAGR in the coming years. A growing number of plastic surgery procedures, increasing healthcare spending, rise in awareness regarding aesthetic surgeries, strong presence of key players, extensive research and development activities, well-established healthcare infrastructure, and favorable reimbursement & insurance plans, augment the regional market growth during the forecast timeline.

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Critical Questions Answered in the Report

• What are the key trends in the market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on the market? 
• What are the key strategies adopted by the major vendors to lead in the market?
• What is the market share of the top vendors?

Market Segmentation

This report studies the market covering 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The breast surgery retractors market is segmented into the following categories.

By Product Type

• Single-handle Retractor
• Double-handle Retractor

By End-Use Type

• Hospitals
• Ambulatory Surgical Centers
• Gynecology Clinics

By Region

• North America (Country Analysis: The USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, The UK, Russia, and The Rest of Europe)
• Asia-Pacific (Country Analysis: Japan, China, India, and The Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Argentina, and Others)

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Key Players

Key players operating in the market are-

• B. Braun Melsungen (Germany)
• Integra LifeSciences (US)
• Accurate Surgical & Scientific Instruments (US)
• Hayden Medical (US)
• Novo Surgical (US)
• Black & Black Surgical (US)
• Mediflex (US)
• CooperSurgical (US)
• Medtronic (Ireland)
• Thompson Surgical (US)

Target Audience

Here is the list of the group of customers that the breast surgery retractors market hopes to have the greatest opportunity to convert-

• Breast Surgery Retractors companies
• Breast Surgery Retractors distributors
• Medical companies
• Government organizations

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s breast surgery retractors market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order to provide a panoramic view of the market.

The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.

More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.

We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market.

What Deliverables Will You Get in this Report?

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.