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Global Breast Surgery Retractors Market: Snapshot

The global breast surgery retractors market is gaining momentum on the back of some prominent factors. This includes increasing incidence of breast cancer, rising awareness for aesthetics, and growing preference for minimally invasive procedures. According to Breastcancer.org, more than one among every eight women develop breast cancer during their lifetime.

The increasing number of plastic breast surgeries performed is aiding the growth of breast surgery retractors market. Rising aesthetic awareness among men and women for professional and non-professional reasons is stoking demand for various plastic and cosmetic procedures.

As per projections of a report by Transparency Market Research (TMR), the global breast surgery retractors market will display a modest 3.20% CAGR over the forecast period between 2017 and 2025. The market is anticipated to reach a value of US$328.68 mn by the end of 2025.

breast surgery retractors market

Plastic Breast Surgery Segment to Remain Attractive

The global breast surgery retractors market is studied on the basis of several parameters, viz. product type, usage type, procedure, end-user, and geography. The key segments of this market based on product type include single-arm retractors and double-arm retractors. Of the two, single-arm retractors led the market in 2016, and is anticipated to stay at the helm over the forecast period. The strong growth of single-arm retractors is mainly because of technological advancements that have led to the development of illuminated retractors and the growing adoption of these retractors in breast surgery procedures.

On the basis of usage type, the segments that divide this market are disposable retractors and re-usable retractors. The segments within disposable retractors include lighted and non-lighted retractors. The segment of re-usable retractors is sub-segmented into lighted and non-lighted retractors. The one time use of disposable retractors that reduces the risk of contamination accounts for the high growth rate of disposable retractors segment. Disposable retractors are preferred as they offer optimal visualization and aid in minimizing complications and infections. However, re-usable retractors segment reigned the market in 2016 due to their preference for breast surgery procedures among surgeons.

In terms of breast surgery procedure, the market is segmented into breast reconstruction, plastic surgery, lumpectomy, and mastectomy. Of them, plastic surgery segment led the market in 2016; going forward, the segment is anticipated to remain dominant over the forecast period. The plastic surgery segment is anticipated to display a progressive growth rate over the forecast period due to increasing number of plastic breast surgeries being carried out globally. As per International Society of Aesthetic Plastic Surgeons, more than 3,089,952 plastic breast surgery procedures were carried out in 2016. The segment of lumpectomy held the second-leading share of the market in 2016.

By end-user, the market has been segregated into hospitals, ambulatory surgical centers, and gynecology clinics. The hospitals segment displayed the leading demand for breast surgery retractors in 2016 accounting for the leading market share. However, ambulatory surgical centers segment is likely to display promising growth over the forecast period.

Buzz for Aesthetic Awareness Makes Europe a Key Market

Geographically, the breast surgery retractors market has been divided into five key regions: North America, Latin America, Asia Pacific, Europe, and the Middle East and Africa. North America stood as the regional leader for the market in the recent past; it is anticipated to witness heavy demand for breast surgery retractors in the upcoming years. Europe is another key market for breast surgery retractors due to the buzz of importance of aesthetics for professional and non-professional reasons.

Key players in the global breast surgery retractors market include Accurate Surgical & Scientific Instruments, Invuity Inc., Integral LifeSciences Corporation, B. Braun Melsungen AG, OBP Medical Corporation, Thompson Surgical, Medtronic plc, Cooper Surgical Inc., Mediflex Surgical Products, Black & Black Surgical, Novo Surgical Inc., and Hayden Medical Inc. among others.

Breast Surgery Retractors Market to Ride on the Back of Increased Prevalence of Cancer

The risk of breast cancer increases directly with age, i.e. it is directly proportional to age of the person. This breast deadly disease, breast cancer, is considered one of the most prevalent types of invasive cancer amongst the women. It usually affects women above the age of 40 years. It is estimated to that more 12% of women are affected with breast cancer in their entire lifetime. Such high prevalence of breast cancer amongst women is estimated to widen scope of growth of the global breast surgery retractors market in the forthcoming years.

In addition to increased prevalence of breast cancer, there has been augmented awareness about breast cancer amongst people, especially woman is likely to support development of the global breast surgery retractors market in the years to come. Presence of a large section of female geriatric population and increased incidences of early prognosis is estimated to augur well for the market.  

Rising Demand for Aesthetic Procedures is likely to Foster Growth of the Market

With the increased demand for various aesthetic procedures, such as breast augmentation along with various technological innovations like lighted retractors, disposable retractors, the demand for breast surgery retractors is expected to rise in the years to come. Technological progress in the areas of interface and design are anticipated to make an offering of improved usability to the surgeons.

The ongoing pandemic situation has resulted in the reduced demand for these breast surgery retractors in the medical industry. Covid-19 and its new variant, B.1.1.7 has wreaked havoc across the world, forcing governments to impose lockdowns, which has adversely affected several industries across the globe. Manufacturing activities in the medical sector has also come to a standstill as the infection spreads rapidly worldwide. It is estimated that with the invention of a vaccine or an effective drug, the market will observe growth in the post pandemic era.

Breast Surgery Retractors Market to See New Avenues in Plastic Breast Surgeries

The growing burden of breast cancer has been a key trend driving new technological advances and product innovations in the breast surgery retractors market. In recent years, the global breast surgery retractors market has seen new demand potential picking up considerable pace on the back of growing interest in mammoplasty. A growing number of women world over are willing to opt for cosmetic surgery for breast augmentation, breast reduction, and breast reconstruction. Growing number of implants and advances made in implantation methods pertaining to cosmetic surgeries of breasts is a key trend boosting the market. A growing number of studies have focused on improving the safety of the procedures, thereby also propelling the demand for cutting-edge devices in the breast surgery retractors market. Growing awareness about the cost and risks involved has spurred the demand for such surgeries, boosting the application of these retractors. The advent of illuminated retractors and visualization aids have helped surgeons to achieve the desired clinical outcome in breast surgery.

The emerging pandemic of Covid-19 in the year 2020 caused unprecedented impacts on the healthcare systems world over. Due to stringent stay-at-home norms implemented among the general populace, the demand for esthetic procedures also reduced substantially. Further, medical device makers have also been cautious of their spends on developing technologies that find use in short-term. In the last few months, the scenario has started to change. This will also open new vistas of opportunities for manufacturers and vendors in the breast surgery retractors market. Further, there is a growing demand for new techniques in plastic surgery to make them less invasive. Also, growing number of mastectomy procedures, there is an unmet need for novel technique using self-retaining retractor systems. More such novel device designs are a part of ongoing studies in the breast surgery retractors market market.

Global Breast Surgery Retractors Market: Overview

Retractors can be defined as the devices employed to hold the wound open and hold back the underlying tissues and organs to enable the access to the body parts under examination by the surgeon. Breast surgery retractors are surgical instruments enabling the surgeon to perform procedures such as mastectomy and lumpectomy, among others, on the breast by holding open the incision made on the breast for surgical purposes.

The research is a combination of primary and secondary research, conducted for understanding and arriving at trends, used to forecast the expected revenue of breast surgery retractors employed in the near future. Primary research formed the bulk of our research efforts with information collected from in-depth interviews and discussions with a number of key industry experts and opinion leaders. Secondary research involved study of company websites, annual reports, press releases, investor presentations, analyst presentation and various international and national databases. The report provides estimated market size in terms of US$ Mn and volume (units) for product type, usage type, breast surgery procedure, end-user, and geography for the period 2015 to 2025, considering the macro and micro environmental factors. The revenue generated from each product type was calculated by considering the number of breast surgery procedures performed globally, the preference rate of these devices and their average costs. In addition, the regional trends of these devices, rising number of breast surgery procedures, and the growing prevalence of breast cancer were considered.

Global Breast Surgery Retractors Market: Market Segmentation

The market report comprises an elaborated executive summary, which includes market snapshot that provides information about various segments of the market. It also provides information and data analysis of the market with respect to market segments based on product type, usage type, breast surgery procedure, end-user, and geography. The market overview section of the report analyzes market dynamics such as drivers, restraints and opportunities that influences the breast surgery retractors market in the current and future scenario. The report also provides the regulatory approval process, porter’s five force analysis, the prevalence of breast cancer, and the number of plastic breast surgery procedures, among others.

Global Breast Surgery Retractors Market: Competitive Analysis

Market share analysis among the market players is analyzed to signify the contribution of these players in the market in terms of percentage share. All these factors will help the market players to decide about the business strategies and plans to strengthen their positions in the global market. Based on geography, the market has been analyzed for major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The study also covers detailed country analysis contributing majorly in the breast surgery retractors market.

The report also profiles the major players in the market and provides various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments. Companies profiled in the breast surgery retractors market report include Accurate Surgical & Scientific Instruments, Medtronic plc, Invuity, Inc., Cooper Surgical, Inc., Integra LifeSciences Corporation, Mediflex Surgical Products, B. Braun Melsungen AG, Black & Black Surgical, OBP Medical Corporation, Novo Surgical Inc., Thompson Surgical, and Hayden Medical, Inc., among others.

The breast surgery retractors market has been segmented as follows:

Product Type,

  • Single-arm Retractors
  • Double-arm Retractors

Usage Type

  • Disposable Retractors
    • Lighted
    • Non-lighted
  • Re-usable Retractors
    • Lighted
    • Non-lighted

Procedure,

  • Breast Reconstruction
  • Plastic Surgery
  • Lumpectomy
  • Mastectomy

End-user,

  • Hospitals
  • Ambulatory Surgical Centers
  • Gynecology Clinics

Geography 

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Spain
    • France
    • Italy
    • Rest of Europe
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC Countries
    • Israel
    • South Africa
    • Rest of Middle East & Africa

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Breast Surgery Retractors Market

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