Global plastic wound retractors market to show sluggish growth during the forecast period
The assessment of global plastic wound retractors market for the year 2017-2025 shows that the market is expected to witness sluggish growth in the coming years. This growth is expected to be mostly driven by increasing adoption of disposable plastic retractors for various surgeries such as hernia, C-section, bariatric surgery etc. Whereas the only factors that are hindering the growth of market are lack of skilled laparoscopic surgeons and side effects associated with the surgery and availability of alternative retraction systems. With the aforementioned aspects affecting the market growth of global plastic wound retractors market, the analysis reports_bk_01_01_2020 show that this market is expected to grow at a CAGR of 2.5% over the forecast period reaching a revenue of over US$ 550 Mn by the end of 2025.
A rapid increase in the rate of surgeries anticipated to boost the global plastic wound retractors market
The major contributor for the growth of global plastic wound retractors market is the increase in the rate of surgeries worldwide. The plastic wound retractors experience high demand for bariatric surgery with increasing number of obesity treatments. According to World Obesity Federation, obesity rate is predominantly higher in developed regions than in developing regions. This has led to increase in demand for bariatric surgery. Another surgery, which has increased the demand for global plastic wound retractors are C-section surgery for child birth. Cesarean section (C-section) is the most common surgery performed on women of reproductive age across the globe. According to the American Medical Association, the rate of C-section is 19% among all pregnancies across the globe. About one in three births in the U.S. happen by C-section, and the rate of C-section has dramatically grown over the past few decades.
Abdominal surgery to hold the greatest revenue share of the global plastic wound retractors market
The analysis of global plastic wound retractors market is bifurcated into various segments on the basis of product type, application, surgery type, end user and region. The segmentation done on the basis of application includes those surgeries that find the most common application for the use of plastic wound retractors. This comprehensive research report indicates that the segment of abdominal surgery leads among all other surgeries under the application segmentation. Abdominal surgery is likely to witness an exceptional revenue share in the market, with an estimated valuation of over US$ 385 Mn by the end of the forecast period. Among the sub segments of abdominal surgery, hernia sub segment tops with a revenue of a little under US$ 90 Mn by 2025 end. The bladder surgery segment is the second largest in terms of market value and is estimated to reach over US$ 35 Mn by the end of 2025.
Applications of plastic wound retractors across various regional markets
Plastic wound retractors find increasing application in abdominal surgeries in the North America plastic wound retractors market. The abdominal surgery segment is expected to witness a significant market revenue of over US$ 90 Mn by the end of forecast period. Whereas the bladder surgery segment shows a revenue share of just over US$ 9 Mn by 2025 end. In the Asia Pacific regional market, the abdominal surgery segment is estimated to reach a market valuation of a little under US$ 130 Mn by the end of the assessment year, followed by the bladder surgery segment that reflects a market estimation of about US$ 11 Mn towards the close of the period of forecast.
A new report published by Persistence Market Research gives a clear insight into the global plastic wound retractors market. The report titled ‘Plastic Wound Retractors Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025)’ crafted by Persistence Market Research includes future projections and an in-depth analysis of the global market. Our team of analysts have done an extensive research on the market to show how various dynamics influence the market growth and also present various opportunities that can be used to achieve objectives from a strategic standpoint.
Studying this report will help businesses form an appropriate strategy based on the key trends, restraints and drivers of the global plastic wound retractors market. It includes analysis on the historical data from 2012-2016 and a market view for the forecast period of 2017-2025. The global plastic wound retractors market has been thoroughly analyzed in this research report with the help of a clear segmentation on various parameters including a regional split that shows the market scenario across important regions in the globe. All these pointers covered in report will give a crystal clear view of the market to assist the reader by helping him/her take informed decisions, and equip themselves actionable intelligence. This can support the reader to drill down regions with ideal potential to achieve the end objective by chalking various strategies and expansion plans. The research study removes all the biasness giving a more reasonable shape to the market numbers. The information mining done to get a weighted picture of the market.
The plastic wound retractors market begins with the market overview and market analysis that gives a summary of the market structure, the key companies and the segmentation of the market based on various parameters like product, end user, region and many more.
Then comes the market view point where the analysts provide the most essential factors that helps studying the market efficient like drivers, restraints, opportunities, trends and even pricing analysis and key regulations. Apart from this, the report has details about major companies of plastic wound retractors market, their company profiles, financial strategies and the recent developments that a company has made. The conclusion of this report is done with the forecast of the market which can be used to make future moves.
Market segmentation based on different criteria
A proven and tested research methodology
The research methodology used to carry out the market analyses, data mining, number crunching, carrying out statistical analyses etc., is unparalleled and obtains near to 100 percent accurate results. A secondary research is initially carried out which helps understand the global market based on which market definition is slated. Obtaining a high overview of the market is just one step. The primary aspects of the research process applied at Persistence Market Research are re-validation and re-evaluation of the data so collected. Hence, primary interviews are carried out which help in cross verification of the data points at each step, establishing good accuracy percentage in each data point, and the re-validation ensures the most accurate data to be presented to the reader. The expert opinions of the market observers and the domain experts is extrapolated and triangulation of these enables the analysts to arrive at a data entry which is much accurate representing the global market.