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Trocars Market Application, Product, End User, Tip, Growth Rate and Key Players are Medtronic, Ethicon, B. Braun, Applied Medical, Cooper Companies, Teleflex

01-21-2022 10:26 AM CET | Health & Medicine

Press release from: ReportsnReports

The Trocars Market report is a summary about how is the market status right now and how will it be in the forecast years for the Medical Devices industry. This market report gives an in-depth knowledge of what the recent developments, product launches are, while also keeping track of recent acquisitions, mergers, joint ventures, and competitive research in the global market industry. The report gives details about the top players and brands that are driving the market. The report also provides the knowledge of all the drivers and restraints which are derived through SWOT analysis. Trocars Market is a professional and detailed report that highlights primary and secondary drivers, market share, leading segments, and geographical analysis.

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The key 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).

The trocars market is expected to reach USD 762.3 million by 2023 from USD 538.5 million in 2018, at a CAGR of 7.2%.

The major driving factors for this market include preference form in imally invasive surgeries over conventional open surgeries and rising prevalence of cancer, hernia, and appendicitis. Emerging economies such as India and China provides an opportunity for the players operating in the trocars market.

“The hospitals segment dominated the market in 2018”

On the basis of end user, the trocars market has been segmented into hospitals and other end users. The other end users segment includes ASCs and nursing homes. In 2018, the hospitals segment is estimated to register the largest share of the trocars market, by end user, as the majority of the patients prefer hospitals for surgical procedures.

“The general surgeries segment is estimated to grow at a rapid rate during the forecast period.”

Based on application, the trocars market has been segmented into general surgery, gynecological surgery, pediatric surgery, urological surgery, and other surgeries. In 2018, the general surgery segment is estimated to account for the largest market share. The large share of this segment is primarily attributed to the rising number of bariatric and hernia treatment procedures performed worldwide.

“Asia Pacific is estimated to register the highest CAGR during the study period.”

In this report, the trocars market is segmented into four major regional segments—North America, Europe, Asia Pacific, and the Rest of the World. The trocars market in the Asia Pacific is projected to register the highest growth rate during the forecast period. Factors such as improving healthcare infrastructure, growing awareness regarding advanced treatment methods, and rising disposable income.

The primary interviews conducted for this report can be categorized as follows:

By Company Type - Tier 1 – 35%, Tier 2 – 22% and Tier 3– 43%
By Designation – C level – 15%, Director level – 32%, and Others – 53%
By Region – North America –31%, Europe – 23%, AsiaPacific – 21%,and Rest of the World – 16%

Research Coverage:

The report analyses the trocars market on the basis of product, tip, application, end-user, and region. Apart from comprehensive geographic product analysis and market sizing, the report also provides a competitive landscape that covers the growth strategies adopted by industry players over the last three years. In addition, the company profiles include the product portfolios, developments, and strategies adopted by prominent market players to maintain and increase their shares in the market. Market research data, current market size, and forecast of the future trends will help key market players and new entrants to make the necessary decisions regarding product offerings, geographic focus, change in strategic approach, and levels of output to remain successful in the market.

Key benefits of buying the Report:

This report will enable both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help these firms garner greater market shares. Firms purchasing the report can use any one or a combination of the below-mentioned five strategies for strengthening their market shares.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the trocars market

Product Development/Innovation: Detailed insights on the product approvals, R&D activities, and product launches in the trocars market

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the trocars market

Market Development: Comprehensive information about emerging markets. This report analyzes the market for various trocars across geographies

Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the trocars market

Purchase this report (FLAT 20% Discount. Coupon Code: JAN20) at: https://www.reportsnreports.com/purchase.aspx?name=1608537

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions for the Study

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

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