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Global Trocars Market 2018-2023 - Major Players are Medtronic, Ethicon, B. Braun, Applied Medical, Cooper, Teleflex, CONMED, LaproSurge, Purple Surgical and GENICON

Research and Markets Logo. (PRNewsFoto/Research and Markets) (PRNewsfoto/Research and Markets)

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Research and Markets

Aug 22, 2018, 11:45 ET

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DUBLIN, Aug. 22, 2018 /PRNewswire/ --

The "Trocars Market by Product (Disposable, Reusable, Reposable), Tip (Bladeless Trocars, Bladed Trocars, Blunt Trocars, Optical), Application (General Surgery, Urology, Pediatric, Gynecological Surgery), End User (Hospitals) - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The global trocars market is expected to reach USD 763.2 million by 2023 from USD 538.5 million in 2018, at a CAGR of 7.2%

The major factors driving the growth of this market are the increasing prevalence of cancer and hernia and growing preference for minimally invasive surgery.

Based on product, the trocars market has been segmented into disposable trocars, reposable trocars, reusable trocars, and accessories. In 2018, the disposable trocars segment is expected to account for the largest share of the trocars market. Their cost-effectiveness, user-friendliness, and safety have resulted in their greater adoption, as compared to reusable trocars.

On the basis of type, the trocars market has been segmented into bladeless trocars, optical trocars, blunt trocars, and bladed trocars. In 2018, the bladeless trocars segment is estimated to account for the largest market share during the forecast period. This is primarily attributed to the 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 high stability.

Based on application, the trocars market has been segmented into general surgery, gynecological surgery, pediatric surgery, urological surgery, and other surgeries. The general surgery segment is estimated to register highest growth rate during the forecast period. The highest growth rate of this segment is mainly due to the rising number of obesity, hernia, and appendicitis cases.

On the basis of end user, the market is categorized into hospitals and other end users. In 2018, the hospitals segment is expected to account for the largest share of this market. The presence of robust infrastructure to carryout laparoscopic surgeries and availability of skilled professionals are the major factors driving the growth of this market segment.

The major players in the trocars market include Medtronic (Ireland), Ethicon (US), B. Braun (Germany), Applied Medical (US), Cooper Companies (US), Teleflex (US), CONMED (US), LaproSurge (UK), Purple Surgical (UK), and GENICON (US).

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

4.1 Trocars Market Overview
4.2 Asia Pacific: Trocars Market, By Product & Country
4.3 Trocars Market, By Region
4.4 Geographical Snapshot of the Trocars Market

5 Market Overview

5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Growing Preference for Minimally Invasive Surgeries
5.2.1.2 Rising Incidence of Target Conditions for Laparoscopic Surgery
5.2.1.3 Awareness Programs
5.2.2 Opportunities
5.2.2.1 Growth Potential of Emerging Economies
5.2.3 Challenges
5.2.3.1 Product Failures and Recalls
5.2.3.2 High Degree of Consolidation
5.2.3.3 Stringent Regulatory Framework and Time-Consuming Approval Process

6 Trocars Market, By Product

6.1 Introduction
6.2 Disposable Trocars
6.3 Reusable Trocars
6.4 Reposable Trocars
6.5 Accessories

7 Trocars Market, By Tip

7.1 Introduction
7.2 Bladeless Trocars
7.3 Optical Trocars
7.4 Blunt Trocars
7.5 Bladed Trocars

8 Trocars Market, By Application

8.1 Introduction
8.2 General Surgery
8.3 Gynecologicals Surgery
8.4 Urological Surgery
8.5 Pediatric Surgery
8.6 Other Surgeries

9 Trocars Market, By End User

9.1 Introduction
9.2 Hospitals
9.3 Other End Users

10 Trocars Market, By Region

10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.3 Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 Rest of Asia Pacific
10.5 Rest of the World

11 Competitive Landscape

11.1 Overview
11.2 Market Ranking Analysis, 2017
11.3 Competitive Scenario
11.3.1 Expansions
11.3.2 Collaborations & Agreements
11.3.3 Acquisitions
11.3.4 Other Developments

12 Company Profiles

12.1 Medtronic
12.2 Johnson & Johnson Services, Inc.
12.3 The Cooper Companies, Inc.
12.4 Conmed Corporation
12.5 B. Braun Melsungen AG
12.6 Teleflex Incorporated
12.7 Purple Surgical
12.8 Applied Medical Resources Corporation
12.9 Laprosurge
12.10 Genicon, Inc.

For more information about this report visit https://www.researchandmarkets.com/research/zk4ph8/global_trocars?w=5

Media Contact:

Laura Wood, Senior Manager
[email protected]  

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SOURCE Research and Markets

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