Breast Surgery Retractors Market

Breast Surgery Retractors Market Outlook (2020-2025)

The risk of breast cancer is directly proportional to age. Breast Cancer is the most prevalent invasive cancer among women, affecting those over 40 years of age.

It is estimated that over 12% of women develop invasive breast cancer over the course of their lives.

A large female geriatric population, combined with rising awareness about breast cancer and early prognosis, is anticipated to leverage the demand for breast retractors.

Rise in aesthetic procedures such as breast augmentation and technological innovations such as disposable retractors and lighted retractors are also anticipated to drive market growth.

Technological advancements in the areas of design and interface are expected to offer better usability to surgeons. On the back of these factors, the global breast surgery retractors market is projected to grow at a very modest CAGR of 3.3% during the forecast period (2020-2025).

Plastic Surgeries Remain Preferred, Lumpectomy to Catch Up

Plastic surgeries are foreseen to capture a large chunk of the global breast surgery retractors market. Projections indicate a share of two-fifths of the overall breast surgery retractors market.

Demand for breast augmentation, breast lift (mastopexy) and breast reduction procedures post-pregnancy are attributed as key drivers of the plastic surgeries segment. A stagnant CAGR of 3.6% is predicted in the forecast period for the plastic surgeries segment.

Following plastic surgery is the lumpectomy segment, anticipated to expand at a CAGR of 3.3% during the forecast period.

Fast post-surgery recovery, non-hospitalization and effectiveness in prevention of recurrence of breast cancer is anticipated to boost the demand for lumpectomy procedures.

The lumpectomy segment is foreseen to capture almost a quarter of the global breast surgery retractors market.

North America Retains Market Influence, Asia-Pacific Expanding Modestly

North America is projected to retain its dominance in the global breast surgery retractors market, capturing more than two-fifth of the overall market, although growth prospects seem stagnant.

Increasing number of plastic surgery procedures and awareness regarding aesthetic surgeries are uplifting market growth. A sluggish CAGR of 2.5% is anticipated for the North American market.

Asia-Pacific shows moderate growth prospects throughout the forecast period, expanding at a CAGR of 4.3%.

Market expansion, owing to increased incidences of breast cancer and growing awareness among people regarding its treatment shall drive market growth.

Additionally, government initiatives to improve medical facilities in developing countries and a burgeoning pool of oncologists are also set to bolster the demand for breast surgery retractors.

Also, plastic breast surgeries such as breast augmentation, breast implant removal, mastopexy and breast reduction are projected to expand the Asia-Pacific breast surgery retractors market.

Introduction of Proprietary Technology to Act as Key Growth Lever for Market Players

The global breast surgery retractors market is highly fragmented. A number of market players:

• Integra Lifesciences Corporation
• Medtronic
• CooperSurgical Inc.
• Invuity Inc.
• Hayden Medical Inc.
• B. Braun Melsungen AG
• Black & Black Surgical Inc.
• OBP Medical Corporation and Medicare Surgical Products

exist. Most of these companies have heavily invested in proprietary technology to boost sales.

For instance, Invuity, Inc., offers intelligent photonics technology with intra-cavity illumination.

Christened Eikon® LT, this illuminated retractor system provides all-in-one illumination and retraction and multiple blade sizes to accommodate varying patient anatomies and surgeon preferences. Its smooth blade edges also reduce tissue trauma.

Similarly, Medtronic, Inc. manufactures the RadiaLuxTM Lighted Retractors. It is a single-use, cordless illumination device for breast and abdominal procedures.

The device is equipped with interchangeable blades, optimized for access in advanced breast surgery.

Breast Surgery Retractors: Market Segmentation

Fact.MR has studied the breast surgery retractors market with detailed segmentation on the basis of product type, usage type, breast surgery procedure, End-user and key regions.

Product Type	Single-arm Retractors Double-arm Retractors
Usage Type	Disposable Retractors: Lighted Non-Lighted Reusable Retractors: Lighted Non-Lighted
Breast Surgery Procedure	Mastectomy Lumpectomy Plastic Surgery Breast Reconstruction
End-user	Hospitals Ambulatory Surgical Centers Gynecology Clinics
Key Regions	North America Europe Asia Pacific Eastern Europe Latin America Middle East & Africa (MEA)

“This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited.”