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Trocars Market Share

Report ID: GMI8683
Published Date: Mar 2024
Report Format: PDF

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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:

Ackermann Instrumente GmbH
B.Braun
BNR Co.Ltd.
CONMED Corporation
Johnson & Johnson
Medtronic plc
Mölnlycke Health Care AB
Purple Surgical
Teleflex Incorporated
The Cooper Companies Inc.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Trocars market size was USD 708.1 million in 2023 and is expected to register over 4.9% CAGR from 2024-2032 owing to the increasing number of surgical procedures, rising incidences of chronic diseases, and the growing demand for minimally invasive surgery worldwide.

The disposable trocars segment is expected to reach USD 422 million by 2032 due to being designed for single-use, leading to eliminating the risk of cross-contamination between patients and reducing the potential for surgical site infections.

North America trocars industry recorded USD 296.6 billion in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the presence of a highly advanced healthcare infrastructure with well-equipped hospitals, surgical centers, and outpatient facilities in the region.

Ackermann Instrumente GmbH, B.Braun, BNR Co.Ltd., CONMED Corporation, Johnson & Johnson, Medtronic plc, Mölnlycke Health Care AB, Purple Surgical, Teleflex Incorporated, and The Cooper Companies Inc., are some of the major trocars companies worldwide.