Trocars Market Research Report- Forecast till 2030

Trocars Market Research Report by Product (Disposable Trocars, Reusable Trocar, Reposable Trocar), Tip (Bladeless, Optical, Blunt, Bladed), Application (General Surgery, Urological Surgery, Pediatric Surgery, Other), End User, and Region- Forecast till 2030

ID: MRFR/MED/5177-HCR | November 2022 | Region: Global | 90 Pages         

Trocars Market

The Trocars Market is projected to reach USD 710.44 Million by 2030 at 7.30% CAGR during the forecast period 2022-2030.

Segmentation

By Product Disposable Trocars Reusable Trocar Reposable Trocar
By Tip Bladeless Optical Blunt Bladed
By Application General Surgery Urological Surgery Pediatric Surgery

Key Players

  • Johnson & Johnson Services Inc.
  • Medtronic
  • The Cooper Companies Inc.
  • Conmed Corporation
  • B. Braun Melsungen AG
  • Teleflex Incorporated
  • GENICON INC.
  • Applied Medical Resources Corporation
  • Laprosurge

Drivers

  • The increasing prevalence of these disorders will increase the amount of laparoscopic surgeries performed in lockstep
  • The prevalence and incidence of target diseases have been increasing globally during the last few years
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Trocars Market Overview:


The Trocars Market is projected to reach USD 710.44 Million by 2030 at 7.30% CAGR during the forecast period 2022-2030. A trocar is a medical tool that is introduced through the abdomen during laparoscopic surgery. A trocar is a device that allows additional devices like graspers, scissors, and staplers to be placed through it. It can also be used as a piece of veterinary equipment. Because of its benefits over traditional surgical procedures, minimally invasive surgeries (MIS) have grown in popularity over time.


Aside from saving time and money, minimally invasive procedures are linked to increased safety, reduced scarring, a faster recovery, and a shorter hospital stay. In recent years, the prevalence and incidence of target illnesses have increased significantly. As these problems become more common, the number of laparoscopic procedures done will rise in lockstep. Appendectomies and hysterectomies are the most common laparoscopic procedures done worldwide.


Segmentation


The Trocars Market has been segmented into product, tip, application, and end user.


By product, the market has been segmented into disposable trocars, reusable trocars, Reposable trocars, and accessories.


By tip, the market has been segmented into bladeless trocars, optical trocars, blunt trocars, and bladed trocars. On the basis of tip, the bladeless trocars segment is expected to hold the largest market share owing to the advantages such as easy usage of bladeless trocars and no trauma caused to the internal body or organ.


On the basis of application, the market has been segmented into general surgery, gynecological surgery, urological surgery, laparoscopy surgery, pediatric surgery, and others.


On the basis of end user, the market has been segmented into hospitals and others.


The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The trocars market in the Americas has further been segmented into North America and South America, with the North American market divided into the US and Canada.


The European trocars market has been segmented into Western Europe and Eastern Europe. Western Europe has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. 


The trocars market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. The trocars market in the Middle East & Africa has been segmented into the Middle East and Africa. 


Key Players


Johnson & Johnson Services, Inc., Medtronic, The Cooper Companies, Inc., Conmed Corporation, B. Braun Melsungen AG, Teleflex Incorporated, GENICON, INC., Applied Medical Resources Corporation, Laprosurge, and Purple Surgical are some of the key players in the trocars market. 


Regional Market Analysis


Geographically, the Americas is anticipated to dominate the global trocars market owing to the growing prevalence of several diseases such as cancer and hernia in the region and the availability of reimbursement. According to the Cancer Statistics 2017, estimated new cancer cases in males was 836,150 and 852,630 in females in the US in 2017. Additionally, the developed healthcare infrastructure and increasing geriatric population are expected to contribute to the market growth in the region.


Europe is expected to hold the second largest position in the global trocars market. The market growth in this region is attributed to the increasing prevalence of chronic diseases and well-developed healthcare sector in the region. According to the Cancer Research UK, about 359, 960 new cases of cancer were reported in the UK.


The trocars market in Asia-Pacific region consists of countries namely China, Japan, Republic of Korea, India, Australia and Rest of Asia-Pacific. The Asia-Pacific region is expected to be the fastest growing region owing to the growing prevalence of obesity, cancer, and various other diseases requiring surgery and developing healthcare infrastructure. According to the World Health Organization, in 2016, the prevalence of overweight among adults aged above 18 years was 57.1% in Russia, 32.3% in China, and 19.7% in India.


The Middle East & Africa has the lowest share of the market. Majority of the market of the region is anticipated to be held by the Middle East region owing to the presence of well-developed healthcare sector and growing government initiatives for the healthcare sector.

Recent Development


Cooper Companies Inc (Cooper) is a medical device firm specializing in vision care and women's health. The company creates manufactures and sells spherical, toric, and multifocal soft contact lenses for near- and farsightedness, presbyopia, myopia, astigmatism, ocular dryness, and eye fatigues, among other conditions. Medical equipment, genomics, fertility treatments, diagnostics, and contraception are also available to help mothers, babies, and families live healthier lives. It has offices across the Americas, Europe, the Middle East, Africa, and Asia-Pacific. Cooper is based in the United States.


Teleflex Inc (Teleflex) is a company that develops, manufactures, and distributes disposable medical technology devices for critical care and surgery. Circuits, masks, bags, endotracheal tubes, pain pumps, supraglottic airways, catheters, adaptors, and connections are among the company's main products. Its products are used in vascular and interventional access, surgery, anesthesia, cardiac care, urology, emergency medicine, and respiratory care, among other professions. Teleflex is based in Wayne, Pennsylvania, in the United States.


Trocars Market, by Product



  • Disposable Trocars

  • Reusable Trocars

  • Reposable Trocars

  • Accessories


Trocars Market, by Tip



  • Bladeless Trocars

  • Optical Trocars

  • Blunt Trocars

  • Bladed Trocars


Trocars Market, by Application



  • General Surgery

  • Gynecological Surgery

  • Laparoscopy Surgery

  • Urological Surgery

  • Pediatric Surgery

  • Others


Trocars Market, by End User



  • Hospitals

  • Others


Trocars Market, by Region



  • Americas

    • North America

      • US

      • Canada



    • South America





  • Europe

    • Western Europe

      • GermanyFrance

      • Italy

      • Spain

      • UK

      • Rest of Western Europe



    • Eastern Europe





  • Asia-Pacific

    • JapanChinaIndia

    • Australia

    • South Korea

    • Rest of Asia-Pacific





  • Middle East & Africa

    • Middle East

    • Africa




Intended Audience




  • Manufacturers and vendors of laparoscopic instrumentsproducts




  • Distributors of laparoscopic & minimally invasive surgery products




  • Pharmaceutical and biotechnology manufacturers




  • Contract research organizations (CROs)




  • Contract manufacturing organizations (CMOs)





Report Scope:

Report Attribute/Metric Details
  Market Size   2030: USD 710.44 Million
  CAGR   7.30% (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product, Tip, Application, End User
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Johnson & Johnson Services, Inc., Medtronic, The Cooper Companies, Inc., Conmed Corporation, B. Braun Melsungen AG, Teleflex Incorporated, GENICON, INC., Applied Medical Resources Corporation, Laprosurge, and Purple Surgical
  Key Market Opportunities   New product launches and R&D Amongst major key Players
  Key Market Drivers

  • Increasing preference for minimally invasive surgeries
  • Growing prevalence of chronic disorders
  • Favorable reimbursement policies for various surgeries


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    Frequently Asked Questions (FAQ) :

    The trocars market is projected to grow at a 7.30% CAGR between 2022-2030.

    The Americas is projected to command the largest share in the trocars market.

    Trocars find wide applications in pediatric surgery, urological surgery, general surgery, and others.

    Disposable trocars segment will lead the trocars market.

    Product recalls may limit market growth.