Press release
Trocars Market Size Expected to Reach $1.46 Billion by 2029: Key Trends, Market Drivers, and Forecast
What Is The Projected Market Size Of The Global Trocars Market And Its Growth Rate?
The rapid growth of the trocars market in recent years is forecasted to continue into the near future.
• The market is speculated to grow from $0.86 billion in 2024 to $0.96 billion in 2025 at a CAGR of 11.2%.
• The forecast period growth to $1.46 billion in 2029 at a CAGR of 11.1% can be attributed to factors such as single-incision surgery, robot-assisted surgery, disposable trocars, patient-centered care, and healthcare quality metrics.
What Is Driving The Growth In The Trocars Market?
The rise in the aging population is a major contributor to the growth of the trocars market. The increasing prevalence of age-related ailments is expected to drive the market in the coming years. With a rapidly growing elderly population worldwide, routine surgical procedures are being replaced by less invasive laparoscopic techniques, in which trocars play a crucial role. For instance, according to a Population Reference Bureau report, the population of Americans aged 65 and older is expected to increase from 58 million in 2022 to 82 million by 2050, signifying a 47% rise. This stark increase in the aging population is anticipated to fuel the growth of the trocars market.
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Who Are the Key Players Driving Trocars Market Growth?
Here are some of the key players driving the growth of the trocars market:
• Johnson & Johnson
• B. Braun Melsungen AG
• Medtronic plc
• Teleflex Incorporated
• CooperSurgical Inc.
• CONMED Corporation
• Applied Medical Resources Corporation
• LaproSurge Ltd.
• Purple Surgical Manufacturing Ltd.
• Unimax Medical Systems Inc.
• Olympus Corporation
• Medline Industries Inc.
• Stryker Corporation
• Grena Ltd.
• Becton, Dickinson and Company
• Maxer Endoscopy GmbH
• Microline Surgical Inc.
• EndoMed Systems GmbH
• Seemann Technologies GmbH
• Ackermann Instrumente GmbH
• Silex Medical LLC
• Mediflex Surgical Products
• SurgiQuest Inc.
• MedGyn Products Inc.
• Reda Instrumente GmbH
• Taut Inc.
• Terumo Corporation
What Are The Key Trends In The Trocars Market?
Some of the major trends to look out for include:
• Robotic-assisted surgery
• Enhanced visualization
• Miniaturization of trocars
• Emergence of new trocar materials
• Development of specialized trocars
What Are The Segments Of The Global Trocars Market?
The trocars market can be segmented into:
• Product: Disposable Trocars, Reposable Trocars, Reusable Trocars, Accessories
• Tip: Bladeless Trocars, Optical Trocars, Bladed Trocars, Blunt Trocars
• Application: General Surgery, Gynecological Surgery, Urological Surgery, Bariatric Surgery, Other Applications
Which Region Leads The Trocars Market?
North America was the largest region in the trocars market in 2024, followed by Europe. The market report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Trocars Market Global Market Report?
- Market Size Analysis: Analyze the Trocars Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Trocars Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Trocars Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Trocars Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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