Trocars Market

Trocars - Global Market Outlook (2018-2027)

4.4 (47 reviews)
Published: April 2020 ID: SMRC19039
4.4 (47 reviews)
Published: April 2020 ID: SMRC19039

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Trocars market is accounted for $538.50 million in 2018 and is expected to reach $1094.54 million by 2027 growing at a CAGR of 7.2% during the forecast period. Some of the key factors propelling the market growth are rising preference for minimally invasive surgeries and increase incidence of target conditions for laparoscopic Surgery. However, product failures are the restraining factor for the growth of the market.

A trocar is a medical device that is placed through the abdomen during laparoscopic surgery. The trocar functions as a portal for the subsequent placement of other instruments, such as graspers, scissors, staplers, and so on. It can also be used as a veterinary device.

By tip, bladeless trocars segment is expected to grow at the significant market share during the forecast period due to primary advantages such as ease-of-use of bladeless tip trocars, no trauma to the internal body organs and vessels. Moreover, the ergonomic design of these trocars offers very high stability. On the basis of geography, North America is anticipated to hold considerable market share during the forecast period as these systems also encourage research and development in healthcare devices. These policies encourage global players to enter the US and Canada and engage in research to innovate new medical devices. As a result, these countries like the presence of many global market players. Moreover, demand for minimally invasive procedures is also high in these countries.

Some of the key players in Trocars Market include Applied Medical Resources Corporation, B. Braun Melsungen AG, Conmed Corporation, Genicon, Inc, Johnson & Johnson Services, Inc, Laprosurge, Medtronic, Purple Surgical, Teleflex Incorporated and The Cooper Companies, Inc.

Products Covered:
• Accessories
• Cutting Trocars
• Dilating Trocars
• Disposable Trocars
• Reposable Trocars
• Reusable Trocars

Tips Covered:
• Bladed Trocars
• Bladeless Trocars
• Blunt Trocars
• Optical Trocars

Channels Covered:
• Direct Sales
• Distributor

Applications Covered:
• Bariatric Surgery
• General Surgery
• Gynaecological Surgery
• Laparoscopy Surgery
• Pediatric Surgery
• Urological Surgery

End Users Covered:
• Hospitals
• Ambulatory Surgery Centers
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China        
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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