Trocars Market Research Report-Global Forecast till 2023, Trocar is a surgical instrument that is used in various surgical procedures to insert implements into a blood vessel. The growing number of surgeries over the past few years is increasing the market size of trocars. Moreover, factors such as the increasing preferences for minimally invasive surgeries, the rising prevalence of chronic disorders that require surgery, and favorable reimbursement policies are escalating the market on the global platform.

Acknowledging the exponential accruals, the market is witnessing currently, Market Research Future (MRFR) in its recently published study report asserts that the global Trocars market will garner exponential accruals by 2023, registering 7.5% CAGR throughout the forecast period (2018-2023). The market had valued at USD 578.9 MN. in 2017.

Additional factors having a synergistic effect on the growth of the Trocars market include the increasing number of technological advancements, a growing number of ambulatory services, and government initiatives.

On the flip side, factors such as the product recall and failures alongside the strict government regulation and time-consuming approval process are expected to impede market growth.

Global Trocars Market – Segmentations

The MRFR analysis is segmented into four key dynamics for enhanced understanding.

 

By Product                          : Disposable Trocars, Reusable Trocar, Reposable Trocar, and Accessories among others.

By Tip                                    : Bladeless, Optical, Blunt, and Bladed.

By Application  : General Surgery, Urological Surgery, and Pediatric Surgery among other surgeries.

By End-user                        :  Hospitals, Clinics, and others.

 

Global Trocars Market   - Competitive Analysis

The structure of the Trocars market is changing due to the acquisition of local manufactures by multinational companies. Due to the increasing competition in the market, multination companies are using the strategy of acquisition, which has increased the profit of the company as well as significantly reduced the competition.

Major Players:

Key players leading the global Trocars market include Medtronic, Johnson & Johnson Services, Inc., The Cooper Companies, Inc., B. Braun Melsungen AG, Conmed Corporation, Teleflex Incorporated, Applied Medical Resources Corporation, GENICON, INC., Laprosurge, and Purple Surgical among others.

Industry/Innovation/Related News:

January 31, 2019 ---- Levita Magnetics SpA (Chile), a company dedicated to improving the outcomes of surgical procedures through Magnetic Surgery announced the publication of clinical data on its Levita® Magnetic Surgical System for use in bariatric procedures in the magazine, Obesity Surgery.

First-of-its-kind the Levita Magnetic Surgical System is a useful approach allowing a safe, reproducible, incision-less technique/method for port-less intra-abdominal mobilization.  In the clinical test, the device successfully permitted optimal liver retraction during laparoscopic bariatric surgery, facilitating surgical exposure while reducing the number of abdominal incisions.

In conventional laparoscopic bariatric surgeries, shafted surgical instruments are used by fixed-position trocars put in through incisions in the abdomen. Magnetic procedure facilitates access and visualization of the surgical site and enables procedures with a reduced number of incisions and trocars.

Trocars Research Report by Product (Disposable Trocars, Reusable Trocar, Reposable Trocar), Tip (Bladeless, Optical, Blunt, Bladed), Application (General Surgery, Urological Surgery, Pediatric Surgery, Other), End User, and Region-Global Forecast till 2023 : https://www.marketresearchfuture.com/reports/trocars-market-6640

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