Cervical Retractors Market is expected to reach US$ 352.91 Mn by 2028

Product Segment to Contribute Larger Share to Cervical Retractors Market during 2021–2028

According to the latest study on “Cervical Retractors Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product, and End User,” the market was valued at US$ 200.54 million in 2021 and is projected to reach US$ 352.91 million by 2028; it is expected to grow at a CAGR of 5.6% during 2021–2028. The report highlights the trends prevailing in the market, and drivers and deterrents pertaining to the market growth.

Based on product, the cervical retractors market is segmented into transverse retractors and longitudinal retractors. In 2021, the transverse retractors segment accounted for a larger share of the market. The market growth for this segment is attributed to the availability of products and preference of the surgeons.

The factors such as the growing prevalence of age-related cervical conditions, surging geriatric population, and rise in number of cervical spine surgeries drive the growth of the cervical retractors market. However, availability of alternative therapies restrain the market growth. Besides, the medical tourism in developing countries would offer lucrative opportunities for the growth of the market during the forecast period.

Aesculap Implant Systems, LLC; TeDan Surgical Innovations; Medfix International, LLC; Globus Medical, Inc.; NSI Health Systems; Thompson Surgical; Novo Surgical, Inc.; Life Spine; and Rudolf Storz GmbH are among the prominent players operating in the cervical retractors market. These companies are adopting partnerships, product launches, collaborations, and other business strategies to sustain their position in the market. For instance, in September 2018, 4WEB Medical, announced at the North American Spine Society (NASS) Annual Meeting that the company has entered into an exclusive partnership with both TeDan Surgical Innovations and Lattus Spine, LLC to market a turnkey, best in class, Total Lateral Solution.

Cervical Retractors Market, by Region, 2021 (%)

The report segments the global cervical retractors market as follows:

By Product

• Transverse Retractors
• Longitudinal Retractors

By End User

• Hospital
• Clinic
• Others

By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of Asia Pacific
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • South Africa
  • Rest of Middle East and Africa
• South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America