Asia Pacific Surgical Retractors Market Size & Outlook
Asia Pacific surgical retractors market, 2018-2030 (US$M)
Asia Pacific surgical retractors market highlights
- The Asia Pacific surgical retractors market generated a revenue of USD 400.4 million in 2023.
- The market is expected to grow at a CAGR of 5.6% from 2024 to 2030.
- In terms of segment, handheld was the largest revenue generating type in 2023.
- Handheld is the most lucrative type segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 400.4 million |
| Market revenue in 2030 | USD 584.9 million |
| Growth rate | 5.6% (CAGR from 2023 to 2030) |
| Largest segment | Handheld |
| Fastest growing segment | Handheld |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Handheld |
| Key market players worldwide | Medtronic PLC, Becton Dickinson & Co, Medical Facilities Corp, Teleflex Inc, Medline Industries, B. Braun Medical, Applied Digital Corp, Insmed Inc, LiNA, Bureau Veritas SA, CooperSurgical, Stryker Corp, Terumo Corp, Boston Scientific Corp, Coloplast A/S ADR, Thomson Medical, Vivo Surgical, MacroCure, Changzhou Lookmed Medical Instrument Co., JUNE Medical, Applied Medical Technology Inc. |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.8% of the global surgical retractors market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 584.9 million by 2030.
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Surgical Retractors Market Scope
Surgical Retractors Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific surgical retractors market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to surgical retractors market will help companies and investors design strategic landscapes.
Handheld was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific surgical retractors market based on handheld covering the revenue growth of each sub-segment from 2018 to 2030.
The market growth can be attributed to various factors such as presence of well-developed healthcare infrastructure in countries, such as Japan, and ongoing developments in India and China. Majority of the countries in this region are developing economies and are moving toward faster adoption of technologically advanced devices.
Major multinational companies investing in R&D in countries such as India and China is a major factor driving the market in the region. In addition, growing prevalence of noncommunicable diseases, increasing incidence of road accidents, and rising concerns regarding esthetic appeal are expected to boost overall market growth.
Furthermore, increasing awareness about the benefits associated with minimally invasive surgeries and huge burden of chronic disorders are among factors projected to offer growth opportunities for surgical retractors in Asia Pacific region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific surgical retractors market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific surgical retractors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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