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Global Trocar Market Report and Forecast 2024-2032

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    Report

  • 140 Pages
  • November 2023
  • Region: Global
  • Expert Market Research
  • ID: 5910858
The global trocar market size was valued at USD 0.69 billion in 2023, driven by the increasing number of laparoscopic procedures across the globe. The market is expected to grow at a CAGR of 4.9% during the forecast period of 2024-2032, with the values likely to rise from USD 0.73 billion in 2024 to USD 1.07 billion by 2032.

Trocars: Introduction

A trocar is a medical instrument primarily used during laparoscopic surgeries, a type of minimally invasive procedure. It comprises a cannula (a hollow tube) and a sharp-pointed instrument fitted within the cannula, designed to puncture the body to create access for surgical instruments. Once the body cavity is penetrated, the sharp instrument is removed, and the cannula remains in place as a portal through which surgical tools and scopes can be inserted and manipulated.

Laparoscopic surgeries using trocars typically result in smaller scars, reduced postoperative pain, and faster recovery times compared to traditional open surgeries. The design and technology behind trocars have evolved over the years to enhance safety and minimize potential complications during their insertion.

Key Trends in the Global Trocars Market

The global trocars market has been witnessing several evolving trends due to advancements in surgical techniques and the growing emphasis on minimally invasive procedures. One of the most notable trends is the shift towards disposable trocars, driven by concerns over sterilization and the prevention of post-operative infections. Additionally, there's a rising demand for safety trocars that come equipped with features to minimize the risk of injury during insertion. Technological innovations are leading to the development of trocars with ergonomic designs, aiming to enhance the surgeon's comfort and precision.

The growing prevalence of obesity and associated co-morbidities, which often necessitate laparoscopic surgeries, is further fuelling the demand for advanced trocars. Regionally, while established markets like North America and Europe continue to hold significant market shares due to their advanced healthcare infrastructure, the Asia-Pacific region is exhibiting rapid growth, attributed to rising healthcare investments and increasing awareness about minimally invasive surgeries. As patient preference leans towards procedures with shorter hospital stays and quicker recovery times, the trocars market is poised for sustained growth in the coming years.

Global Trocars Market Segmentation

Market Breakup by Product

  • Disposable Trocars
  • Reposable Trocars
  • Reusable Trocars
  • Accessories

Market Breakup by Tip

  • Bladeless Trocars
  • Optical Trocars
  • Blunt Trocars
  • Bladed Trocars

Market Breakup by Application

  • General Surgery
  • Gynaecological Surgery
  • Urological Surgery
  • Pediatric Surgery
  • Other

Market Breakup by End User

  • Hospitals
  • Speciality Clinics
  • Ambulatory Surgery Centres
  • Other End Users

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Trocars Market Overview

The global trocars market is an integral segment of the medical devices sector, closely tied to the rise of minimally invasive surgeries. Trocars, used as access points during laparoscopic procedures, have gained prominence due to the benefits of such surgeries, including reduced post-operative pain, smaller scars, and quicker recovery times. The market is witnessing a shift towards disposable trocars, driven by hygiene concerns and the need to prevent cross-contamination. Technological advancements have led to the development of safety trocars, designed to minimize the potential risks associated with their insertion.

With a burgeoning global population and a rising prevalence of conditions like obesity that may necessitate laparoscopic interventions, the demand for trocars has surged. Regionally, while North America and Europe remain dominant due to their advanced healthcare systems, the Asia Pacific region is rapidly emerging as a significant player, fuelled by increased healthcare investments and a growing awareness of minimally invasive surgical options. As the healthcare sector continues its trajectory towards patient-centric solutions, the trocars market stands to benefit from the broader adoption of laparoscopic procedures.

Global Trocars Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
  • Johnson & Johnson Services, Inc
  • Medtronic
  • B. Braun Melsungen AG
  • Applied Medical Resources Corporation
  • The Cooper Companies Inc.
  • Teleflex Incorporated
  • CONMED Corporation
  • LaproSurge
  • Purple Surgical
  • Bharat Surgical Co.
  • ELMED Incorporated
  • Poly Medicure Limited
  • NovaProbe Inc
  • Unimicro Medical Systems Co., Ltd.
  • Unimax Medical Systems Inc.
The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


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Table of Contents

1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage - Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Trocars Market Overview
3.1 Global Trocars Market Historical Value (2017-2023)
3.2 Global Trocars Market Forecast Value (2024-2032)
4 Global Trocars Market Landscape
4.1 Global Trocars Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Trocars Product Landscape
4.2.1 Analysis by Type of Biosensor
4.2.2 Analysis by Technology Used
4.2.3 Analysis by Applications
5 Global Trocars Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Trocars Market Segmentation
6.1 Global Trocars Market by Product
6.1.1 Market Overview
6.1.2 Disposable Trocars
6.1.3 Reposable Trocars
6.1.4 Reusable Trocars
6.1.5 Accessories
6.2 Global Trocars Market by Tip
6.2.1 Market Overview
6.2.2 Bladeless Trocars
6.2.3 Optical Trocars
6.2.4 Blunt Trocars
6.2.5 Bladed Trocars
6.3 Global Trocars Market by Application
6.3.1 Market Overview
6.3.2 General Surgery
6.3.3 Gynaecological Surgery
6.3.4 Urological Surgery
6.3.5 Pediatric Surgery
6.3.6 Others
6.4 Global Trocars Market by End User
6.4.1 Market Overview
6.4.2 Hospitals
6.4.3 Specialty Clinics
6.4.4 Ambulatory Surgery Centres
6.4.5 Other
6.5 Global Trocars Market by Region
6.5.1 Market Overview
6.5.2 North America
6.5.3 Europe
6.5.4 Asia Pacific
6.5.5 Latin America
6.5.6 Middle East and Africa
7 North America Trocars Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Trocars Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Trocars Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.5 ASEAN
9.6 Australia
9.7 Others
10 Latin America Trocars Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Trocars Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
16.1 Regulatory Overview
16.1.1 US FDA
16.1.2 EU EMA
16.1.3 INDIA CDSCO
16.1.4 JAPAN PMDA
16.1.5 Others
17 Supplier Landscape
17.1 Johnson & Johnson Services, Inc
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 Medtronic
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 B. Braun Melsungen AG
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 Applied Medical Resources Corporation
17.4.1 Financial Analysis
17.4.2 Financial Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 The Cooper Companies Inc.
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 Teleflex Incorporated
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 CONMED Corporation
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 LaproSurge
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 Purple Surgical
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 Bharat Surgical Co.
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
17.11 ELMED Incorporated
17.11.1 Financial Analysis
17.11.2 Product Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisitions
17.11.5 Certifications
17.12 Poly Medicure Limited
17.12.1 Financial Analysis
17.12.2 Product Portfolio
17.12.3 Demographic Reach and Achievements
17.12.4 Mergers and Acquisitions
17.12.5 Certifications
17.13 NovaProbe Inc.
17.13.1 Financial Analysis
17.13.2 Product Portfolio
17.13.3 Demographic Reach and Achievements
17.13.4 Mergers and Acquisitions
17.13.5 Certifications
17.14 Unimicro Medical Systems Co., Ltd.
17.14.1 Financial Analysis
17.14.2 Product Portfolio
17.14.3 Demographic Reach and Achievements
17.14.4 Mergers and Acquisitions
17.14.5 Certifications
17.15 Unimax Medical Systems Inc.
17.15.1 Financial Analysis
17.15.2 Product Portfolio
17.15.3 Demographic Reach and Achievements
17.15.4 Mergers and Acquisitions
17.15.5 Certifications
18 Global Trocars Market - Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket

Companies Mentioned

  • Johnson & Johnson Services, Inc
  • Medtronic
  • B. Braun Melsungen AG
  • Applied Medical Resources Corporation
  • The Cooper Companies Inc.
  • Teleflex Incorporated
  • CONMED Corporation
  • LaproSurge
  • Purple Surgical
  • Bharat Surgical Co.
  • ELMED Incorporated
  • Poly Medicure Limited
  • NovaProbe Inc.
  • Unimicro Medical Systems Co., Ltd.
  • Unimax Medical Systems Inc

Methodology

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