North America Surgical Retractors Market Size & Outlook
North America surgical retractors market, 2018-2030 (US$M)
North America surgical retractors market highlights
- The North America surgical retractors market generated a revenue of USD 552.9 million in 2023.
- The market is expected to grow at a CAGR of 4.2% 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.
North America data book summary
| Market revenue in 2023 | USD 552.9 million |
| Market revenue in 2030 | USD 736.8 million |
| Growth rate | 4.2% (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, North America region accounted for 30.1% 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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North America 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 North America surgical retractors market based on handheld covering the revenue growth of each sub-segment from 2018 to 2030.
This growth can mainly be attributed to increasing number of preventive surgeries and growing burden of chronic disorders, such as cancer, diabetes, and autoimmune diseases, increasing adoption of technologically advanced devices, and rising preference for minimally invasive surgical procedures.
In addition, growing burden of gastrointestinal disorders and cancer is leading to increase in the number of preventive surgeries in the region, which is expected to contribute to market growth. Other factors contributing to market growth include favorable reimbursement policies, presence of key players, and various government initiatives that enable access to various healthcare programs.
Increase in the number of surgical procedures due to growing incidence of accidents, burns, and trauma is also expected to contribute to overall market growth.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America surgical retractors market , including forecasts for subscribers. This continent databook contains high-level insights into North America surgical retractors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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