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 about the 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).
Key Topics Covered
1.1. Market Ecosystem
1.2. Currency and Limitations
1.3. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.1.1. Secondary Research
2.1.2. Primary Research
2.1.3. Market Size Estimation
3. Executive Summary
4. Market Insights
4.2.1. Increasing Adoption of Minimal Invasive Surgery
4.2.2. Increasing Aging Population and Rising Incidence & Prevalence of Chronic Diseases
4.2.3. Increasing Obesity Ratio and Rising Adoption of Laparoscopic Bariatric Procedures
4.2.4. Technological Advancements in the Field of Laparoscopy
4.3.1. Complications Associated With the Use of Trocars
4.3.2. Lack of Skilled Professionals
4.4.1. Emerging Economies: Latin America, Asia and Africa
4.5.1. Increasing Agreements with GPO and Rise in Product Bundling for Sales
4.6. Market Share Analysis
5. Trocars Market, by Product Type
5.2. Disposable Trocars
5.3. Reusable Trocars
5.4. Reposable Trocars
6. Trocar Market, by Type of Tip
6.2. Bladeless Trocars
6.3. Blunt Trocars
6.4. Bladed Trocars
6.5. Optical Trocars
7. Trocar Market, by Application
7.2. General Surgery
7.3. Gynaecological Surgery
7.4. Urological Surgery
7.5. Bariatric Surgery
8. Trocar Market, by End-users
8.3. Ambulatory Surgery Centers
9. Geographical Analysis
9.2. North America
9.3.6. Rest of Europe (RoE)
9.4.4. Rest of Asia Pacific (RoAPAC)
9.5. Rest of World
9.5.1. Latin America
9.5.2. Middle East and Africa
10. Company Profiles (Includes Business Overview, Recent Financials, Product Portfolio and Recent Developments)
10.1. Medtronic PLC
10.2. Applied Medical Resources Corporation
10.3. B. Braun Melsungen AG
10.4. Genicon Inc.
10.5. Xion GmbH
10.6. Laprosurge Ltd.
10.7. Peters Surgical
10.8. Teleflex Incorporated
10.9. Conmed Corporation
10.10. Ethicon Inc.
10.11. Purple Surgical
10.12. The Cooper Companies Inc.
10.13. Alesi Surgical Limited
10.14. Victor Medical
10.15. Metromed Healthcare
10.16. Seemann Technologies
10.17. Sejong Medical Co. Ltd.
10.19. Ackermann Instrumente GmbH
10.20. Guangzhou T.K. Medical Instrument Co. Ltd.
10.21. Hangzhou Optcla Medical Instrument Co. Ltd. (Mindray Company)
10.22. Specath (Foshan Special Medical Co. Ltd.)
10.23. Elmed Incorporated
10.24. Olympus Corporation
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