SAN FRANCISCO, November 22, 2018
SAN FRANCISCO, November 22, 2018 /PRNewswire/ --
The global surgical retractors market size is expected to reach USD 1.81 billion by 2025, according to a new report by Grand View Research, Inc., registering a 3.2% CAGR over the forecast period. The market is primarily driven by unprecedented upsurge in surgical volume over the past few years. According to data published by WHO, the global surgical volume was estimated at 312.9 million in 2012 from 226.4 million in 2004. The statistics also showed that the mean global surgical rate is approximately 4,469 surgeries per 100,000 population per year. These numbers exemplify the widening scope of surgery and adoption of retractors.
Increase in number of cesarean surgeries has fueled demand for C-section retractors. As per the American Medical Association, adoption rate of cesarean surgeries is around 19.0% globally. Technological developments, such as automation in surgical instruments, are improving minimally invasive surgeries, thus creating high growth potential for the market. For instance, advent of atraumatic laparoscopic retractors and 3D retractors has ensured greater safety during surgeries and reduced post-operative complications.
Browse full research report with TOC on "Surgical Retractors Market Analysis Report By Type (Hand-held, Self-retaining), By Product, By Application, By End Use (Hospitals, Ambulatory Surgical Centers), And Segment Forecasts, 2018 - 2025"at: https://www.grandviewresearch.com/industry-analysis/surgical-retractors-market
Further Key Findings From the Report Suggest:
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Grand View Research has segmented the global surgical retractors market on the basis of type, product, application, end use, and region:
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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