Market Research Report
Trocars Market by Product Type (Disposable, Reusable, Reposable), Type of Tip (Bladeless, Optical, Bladed, Blunt), Application (General Surgery, Gynecology, Urology, Bariatric Surgery), and End User (Hospitals and ASCs) - Global Forecast to 2024
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|Published||Content info||210 Pages
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|Trocars Market by Product Type (Disposable, Reusable, Reposable), Type of Tip (Bladeless, Optical, Bladed, Blunt), Application (General Surgery, Gynecology, Urology, Bariatric Surgery), and End User (Hospitals and ASCs) - Global Forecast to 2024|
|Published: March 11, 2019||Content info: 210 Pages||
Trocars are used to create a surgical incision to the body to pass the laparoscopic instruments to the specific surgical site in the body. Global trocars market is expected to reach $968.5 million by 2024, at a CAGR of 6.8% during the forecast period of 2019 to 2024. This growth is mainly attributed to the rising preference for minimally invasive surgical procedures, increasing aging population and thereby growing prevalence of chronic diseases, increasing adoption of laparoscopic bariatric procedures, and technological advancements in the field of laparoscopy. However, factors such as side effects associated with the use of trocar and shortage of skilled healthcare professionals and surgeons to efficiently handle the trocars are expected to hinder the growth of this market to some extent.
The report gives an extensive outlook on hospitals (inpatient and outpatient hospital settings) and independent ambulatory surgery centres served by the trocars. These end user segments further briefly talks about the trends impacting the growth of these markets and the benefits involved with the use of trocars in these verticals to create the access port for passage of surgical instruments into the body.
An in-depth analysis of the geographical scenario of the industry provides detailed qualitative and quantitative insights aboutthe five major geographies (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) along with the coverage of major countries in each region. The geographic analysis provides detailed insights on key trends of the industry in the listed regions & countries, identifying the demographic & economic impact, government & private investments, and regulatory scenario. The report identifies North America to be the largest market followed by Europe, Asia Pacific, and Rest of World. The geographical analysis section also comments on the key market players shaping the growth of the industry in the respective countries.
The report also includes the competitive landscape based on extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 4 years (2016-2019).
The key players operating in the global trocars market are Ethicon Inc. (J&J), Medtronic PLC, Applied Medical Resources Corporation, Aesculap, Inc. (B. Braun Melsungen AG), Genicon Inc., Xion GmbH, LaproSurge Ltd., Peters Surgical, Teleflex Incorporated, Conmed Corporation, Purple Surgical, The Cooper Companies, Inc., Alesi Surgical Limited, Victor Medical, MetroMed Healthcare, Seemann Technologies, Sejong Medical Co., Ltd., Sferamed, Ackermann Instrumente GmbH, Guangzhou T.K Medical Instrument Co., Ltd., Hangzhou Optcla Medical Instrument Co., Ltd. (Mindray Company), Specath (Foshan Special Medical Co., Ltd.), Elmed Incorporated, and Olympus Corporation.
Market by Geography