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Trocars Market - By Product Type (Disposable Trocars, Reusable Trocars), By Tip Type (Bladeless Trocars, Optical Trocars, Blunt Trocars, Bladed Trocars) By Application (General Surgery), By End-use (Hospitals, ASCs) – Global Forecast, 2024 – 2032
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Trocars Market
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Premium Report Details
Base Year: 2023
Companies covered: 10
Tables & Figures: 199
Countries covered: 22
Pages: 288
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Trocars Market Size
Trocars Market size was valued at USD 708.1 million in 2023 and is expected to grow at a CAGR of 4.9% from 2024 to 2032, driven by key factors such as the increasing number of surgical procedures, rising incidences of chronic diseases, and the growing demand for minimally invasive surgery.
The global increase in chronic conditions, such as obesity, gastrointestinal disorders, and cancer, has spurred the demand for trocars. For instance, according to the Global Cancer Observatory, in 2021, gastrointestinal cancers accounted for 1 in 4 cancer cases and 1 in 3 cancer deaths globally. As the incidence of GI cancers continues to increase globally, there is a corresponding demand for minimally invasive surgical interventions for diagnosis, staging, and treatment. Trocars play a crucial role in minimally invasive surgery by providing access ports for laparoscopic and robotic-assisted surgeries, enabling surgeons to perform complex procedures with greater precision and minimal tissue trauma.
Trocars are surgical instruments consisting of a sharp, pointed tip attached to a hollow tube, often with a handle for manipulation. They are used in minimally invasive surgical procedures to create entry points through the body wall, allowing for the introduction of other surgical instruments and devices into body cavities or spaces.
Trocars Market Trends
Advancements in healthcare technology have played a pivotal role in shaping and improving various medical interventions, and this progress has significantly contributed to the growth and development of trocars. These technological innovations have enhanced the design, durability, and overall efficacy of trocars, making them more efficient tools in the management of various chronic disorders.
Trocars Market Analysis
The market by product type is categorized into disposable trocars and reusable trocars. The disposable trocars segment is anticipated to reach USD 422 million by 2032.
The trocars market by tip type is categorized into bladeless trocars, optical trocars, blunt trocars, and bladed trocars. The bladeless trocars segment was valued at around USD 256.1 million in 2023.
The trocars market by application is categorized into general surgery, gynaecological surgery, urological surgery, and other applications. The general surgery segment exceeded USD 270.1 million in 2023.
The trocars market by end-use is categorized into hospitals, ambulatory surgical centers, and other end-users. The hospitals segment crossed USD 382.1 million in 2023.
North America trocars market accounted for USD 296.6 billion in revenue in 2023 and is predicted to witness substantial market growth.
Trocars Market Share
The trocars industry is fragmented in nature, with various large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel treatments with improved efficiency and cost-effectiveness are key market strategies for trocar manufacturers, driving competition and innovation in the trocar industry. This emphasis on innovation aims to address evolving clinical needs and enhance patient outcomes, positioning companies to gain market share and meet the growing demand for advanced trocars.
Trocars Market Companies
Some of the eminent market participants operating in the trocars industry include:
Trocars Industry News:
Trocars market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 to 2032 for the following segments:
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Market, By Product Type
Market, By Tip Type
Market, By Application
Market, By End-use
The above information is provided for the following regions and countries: