What is Wound Retractor?
Wound refractors help surgeons and operating room professionals hold an incision or wound open during surgical procedures. It plays a crucial role in the surgery. It reduces superficial surgical site infection and maintains moisture at the incision site. It also helps in the visualization of the wound margins and maximizes exposure with a minimum incision size.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Applied Medical (United States), Medtronic plc (Ireland), 3M (United States), Boston Scientific (United States), Cooper Surgical, Inc. (United States), Prescient Surgical (United States), Locamed Limited (United Kingdom), Exponiq Surgical (Pakistan) and Tetra Surgical (India) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Metal Wound Retractor and Plastic Wound Retractor) , by application (Hospital, Clinics, Ambulatory Surgical Centres and Others) and major geographies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Wound Retractor market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Wound Retractor market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Applied Medical (United States), Medtronic plc (Ireland), 3M (United States), Boston Scientific (United States), Cooper Surgical, Inc. (United States), Prescient Surgical (United States), Locamed Limited (United Kingdom), Exponiq Surgical (Pakistan) and Tetra Surgical (India).
Market Overview:
On 10th January 2022, Medtronic plc, a global leader in healthcare technology, announced the signing of a definitive agreement to acquire Affera, Inc., a privately held medical technology company based in the Boston area. Affera develops and manufactures catheter-based cardiac ablation technologies, including a differentiated, focal pulsed field ablation solution, for the treatment of patients with cardiac arrhythmias (irregular heartbeats) such as atrial fibrillation (AF). Medtronic has been a strategic investor in Affera through its minority investment portfolio and currently owns a 3% stake in the company.
The report articulates the key opportunities and factors driving the growth of the global plastic wound retractor market. The report also discusses threats and limitations that may impede the market growth. The report also sketches Porter's five forces analysis, which explains the bargaining power of suppliers and consumers, the competitive landscape, and the development of substitutes in the market.
Wound Retractor Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increased Number of Surgeries Worldwide
- Rising Applications of the Wound Refractors
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Major Trends | - Technological Advancements in the Medical Science
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Restraints | - Fluctuations in the Raw Material Prices
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Road Blocks / Challenges | |
Gaps & Opportunities | - Growing Healthcare Industry Worldwide
- Rise in the Number of Hospitals and Clinics
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Key highlights of the Global Wound Retractor market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Wound Retractor market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Wound Retractor market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Wound Retractor Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Wound Retractor market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Wound Retractor market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Wound Refractor Manufacturers, Raw Material Suppliers, Distributors, Emerging Countries and End-users.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.