About Breast Surgery Retractors
According to the World Cancer Research Fund International, nearly 2 million new cases of Breast Cancer were Reported Globally in 2018. After Skin Cancer, Breast Cancer Has The Highest Prevalence among Women Across the Globe. Retractors are the devices employed to hold the wound open and hold back the underlying tissues and organs to enable access to the body parts under examination by the surgeon. Breast Surgery Retractors are Surgical Instruments Enabling the Surgeon to perform procedures on the breast by holding open the incision made on the Breast for Surgical purposes. The Social acceptance for Breast Surgery, Increasing Incidence Of Breast Cancer and the Growing Preference for Minimally Invasive Surgery are Some Of the factors Driving the Global Breast Surgery Retractors Market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.2% |
The market is fragmented with many players. The development of cutting-edge products at competitive prices remains the key growth strategy of top players in the global breast surgery retractors market. Growing number of medical device makers are focusing on Research and Product activities to launch novel products that are more precise and can improve surgical outcomes. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Breast Surgery Retractors market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
B. Braun Melsungen AG (Germany), Integra LifeSciences (United States), Accurate Surgical & Scientific Instruments (United States), Hayden Medical Inc. (United States), Novo Surgical (United States), Black & Black Surgical (United States), Mediflex Surgical Products(United States), CooperSurgical, Inc. (United States) and Medtronic PLC (Ireland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Thompson Surgical (United States), OBP Medical Corporation (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Breast Surgery Retractors market by Type (Single-arm Retractors and Double-arm Retractors), Application (Hospitals, Ambulatory Surgical Centers and Gynecology Clinics) and Region.
On the basis of Type, Single-arm Retractors are dominating the market in the year 2023On the basis of geography, the market of Breast Surgery Retractors has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Usage Types, the sub-segment i.e. Disposable Retractors will boost the Breast Surgery Retractors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Procedure, the sub-segment i.e. Mastectomy will boost the Breast Surgery Retractors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Retractors, the sub-segment i.e. Lighted Retractors will boost the Breast Surgery Retractors market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Novel polymer-based technology & Visualization devices like The RadiaLux Lighted Retractor which is a single-use, cordless illumination device for Breast Surgery and Technological advancements have led to the development of illuminated retractors, in turn, increasing the growth of single-arm retractors
Market Growth Drivers:
Increased Prevalence of Breast Cancer & annual disposable income per capita for women, Rapid Research & Development activities in the treatment of Breast Cancer and related Disorders and The rising number of Plastic Breast Surgeries
Challenges:
Risks associated with aesthetic surgical procedures and its threat among patients.
Restraints:
High Cost factor of Technologically Advanced Retractors and Competitive Pricing and Equipment Costs.
Opportunities:
Emerging economies & Demand for advanced interactivity illumination and visualization devices
Market Leaders and their expansionary development strategies
In October 2022, Aspen Surgical Products, Inc., a portfolio company of Audax Private Equity and a leader in disposable surgical products, announced the acquisition of Symmetry Surgical from RoundTable Healthcare Partners. Symmetry represents Aspen’s 15th acquisition in total and sixth since Audax’ initial investment in Aspen in 2019. Financial terms of the transaction were not disclosed.
In January 2019, Accurate Surgical added the new ASSI Haynes Breast Retractors to their product line which has 90x32mm slotted blade, with teeth, w/fiber optic properties.
Key Target Audience
Breast Surgery Retractors Manufacturers, Government & Regulatory Bodies, Potential Investors, Downstream Vendors, Sub Component Manufacturers and Surgical Instruments Suppliers/Distributors
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.