Trocars and Access Devices Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)

Publication ⇒Dec-23 Delivery Time ⇒ 5-7 Business Days Report Code ⇒PBCHC374-10M-OT

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Trocars and Access Devices Market – Report Overview

Pacific Business Consulting’s “Trocars and Access Devices Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Trocars and Access Devices market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.

In 2022, the Trocars and Access Devices market exceeded a valuation of over US$ 700.0 million, and it is poised for substantial growth, with a projected Compound Annual Growth Rate (CAGR) exceeding 5% from 2023 to 2030. The market is expected to potentially surpass US$ 900.0 million by 2030.

A trocar is a medical device used as a portal for inserting endoscopic instruments, such as scissors, staplers, graspers, and suction tips, into the thoracic or abdominal walls during laparoscopic surgery. It typically consists of an awl, a cannula, and a seal, with some variations incorporating valves to facilitate insufflation (the act of blowing gas, vapor, or powder). Trocars play a crucial role in minimally invasive surgery, aiding in procedures like assessing and draining fluid collections in patients with hydrothorax or ascites. They also find applications in embalming and veterinary use.

The increasing burden of chronic diseases like diabetes, cardiovascular diseases, and obesity worldwide is contributing to a rising number of surgical procedures. For example, the American Heart Association’s Heart & Stroke Statistics 2020 Update reports a significant incidence of out-of-hospital cardiac arrests (OHCA), leading to a growing demand for cardiovascular surgeries and subsequently, an increased need for trocars in the medical industry.

Moreover, the aging global population, which is more prone to chronic diseases, is expected to further drive the demand for trocars. A substantial percentage of surgical procedures, approximately 53%, are performed on patients over the age of 65, as mentioned in a National Center for Biotechnology Information article. Eurostat data from 2022 indicates that more than one-fifth (20.8%) of the European Union population was aged 65 and over in 2021. The rise in the geriatric population is anticipated to contribute to the growing demand for surgical procedures and, consequently, trocars in the industry.

The increasing acceptance of laparoscopic surgeries due to their minimally invasive advantages, including shorter hospitalization, reduced complications, and smaller incisions, has led to a heightened demand for trocars in recent years. As healthcare pioneers focus on technical advancements and a deeper understanding of human anatomy, novel and advanced trocars are being introduced to the market.

Examples of such advancements include ENDOPATH XCEL trocars by the Ethicon division of Johnson & Johnson Pvt. Ltd., designed to provide full control and consistency to the user. The VersaOne™ optical trocar by Medtronic features a dolphin nose tip for smoother insertion, along with port fixation and security to prevent canula movement during procedures, reducing the risk of errors. Continuous improvements in these devices are expected to contribute to the rising value of the trocar market in the forecast period.

Leading players in the Trocars and Access Devices segment, including CONMED Corporation, LaproSurge, Purple Surgical, Bharat Surgical Co., ELMED Incorporated, Poly Medicure Limited, NovaProbe Inc., Unimicro Medical Systems Co., Ltd., Unimax Medical Systems Inc., Teleflex Incorporated, ohnson & Johnson Services, Inc., Medtronic, B. Braun Melsungen AG, Applied Medical Resources Corporation, and The Cooper Companies Inc., are expected to play a crucial role in shaping the future landscape of Trocars and Access Devices technologies through ongoing innovation.

Scope of Report

The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Trocars and Access Devices market. It also delves into the analysis of present and prospective market competition within the global Trocars and Access Devices market.

Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.

Reasons to Buy

  • Develop your business strategies by gaining insights into the trends that shape and drive the Trocars and Access Devices market across the 10MM (Ten Major Markets).
  • Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Trocars and Access Devices market.
  • Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
  • Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
  • Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.
  1. Executive Summary: Trocars and Access Devices
    • Global Market Outlook: Trocars and Access Devices
  2. Competitive Intelligence Analysis: Trocars and Access Devices
  3. Therapeutic Sector SWOT
  4. Technology Roadmap Analysis: Trocars and Access Devices
  5. Market Background
    • Drivers
    • Restraints
    • Opportunity
    • Key Market Trends
    • Key Unmet Needs
  6. Key Marketed Products Profile – Major Approved Products: Trocars and Access Devices
    • Product Profile
    • Safety and Efficacy
  7. Regulatory Landscape
  8. Trocars and Access Devices: Ten Major Market (10MM) – Market Analysis, By Product
    • Disposable Trocars
    • Reposable Trocars
    • Reusable Trocars
    • Accessories
  9. Trocars and Access Devices: Ten Major Market (10MM) – Market Analysis, By Tip Type
    • Bladeless Trocars
    • Optical Trocars
    • Blunt Trocars
    • Bladed Trocars
  10. Trocars and Access Devices: Ten Major Market (10MM) – Market Analysis, By Application
    • General Surgery
    • Gynaecological Surgery
    • Urological Surgery
    • Pediatric Surgery
    • Other Applications
  11. Trocars and Access Devices: Ten Major Market (10MM) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Tip Type
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Tip Type
      • By Application
  1. S. Trocars and Access Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Tip Type
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Tip Type
      • By Application
  1. K. Trocars and Access Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Tip Type
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Tip Type
      • By Application
  1. Germany Trocars and Access Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Tip Type
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Tip Type
      • By Application
  1. France Trocars and Access Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Tip Type
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Tip Type
      • By Application
  1. Italy Trocars and Access Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Tip Type
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Tip Type
      • By Application
  1. Spain Trocars and Access Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Tip Type
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Tip Type
      • By Application
  1. Japan Trocars and Access Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Tip Type
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Tip Type
      • By Application
  1. China Trocars and Access Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Tip Type
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Tip Type
      • By Application
  1. Australia Trocars and Access Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Tip Type
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Tip Type
      • By Application
  1. India Trocars and Access Devices – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product
      • By Tip Type
      • By Application
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product
      • By Tip Type
      • By Application
  1. Competitive Landscape
    • Company Overview
    • Product Portfolio
    • Key Financials
    • Sales Footprint

Note – All Major Company Profiles (Count up to 20) will be covered in the report

  1. Assumptions and Acronyms Used
  2. Research Methodology
    • Secondary Research
    • Primary Research
    • Data Triangulation
  3. Geographic Scope
    • The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India
  4. Copyrights and Disclaimer

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