The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s trocars market report forecasts the trocars market size to grow to $1.1 Billion by 2027, with a CAGR (compound annual growth rate) of more than 9%.

Learn More On The Trocars Market Report 2023 – https://www.thebusinessresearchcompany.com/report/trocars-global-market-report

Trocars Market Size Forecast
The global trocars market is expected to grow from $0.7 billion in 2022 to $0.77 billion in 2023 at a compound annual growth rate (CAGR) of 9.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The trocars market size is expected to grow to $1.1 billion in 2027 at a CAGR of 9.5%.

North America held the largest trocars market share.

Key Trocars Market Driver ­– Increase In Ageing Population
For instance, according to the United Nations Department of Economic and Social Affairs’ September 2020 report, the population over 65 is expected to increase from 9.3% in 2020 to about 16.0% in 2050. Additionally, according to a World Health Organization factsheet issued in October 2021, 1.4 billion people over the age of 60 will live on the planet by 2030, up from 1 billion in 2020. Therefore, the increasing aging population drives the growth of the trocars market.

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Key Trocars Market Trend – Growing Technological Advancements
The companies in the market are increasingly investing in improving the technology of trocars, which reduces the scope of error and makes the procedure better. For instance, in March 2022, Dutch Ophthalmic Research Center (DORC), a Netherlands-based manufacturer of automated interferometers and inspection equipment, launched EVA NEXUS. With the introduction of EVA NEXUS, numerous advancements in surgical effectiveness and efficiency are made, including SmartIOP, which integrates with the current EquiPhaco technology for improved control in cataract surgery. It includes a revolutionary trocar cannula system called EVA AVETA. It includes a chamfered cannula for easier insertion, a laser-etched shaft for scleral retention, a push-fit connection, and a Hi-Flow infusion connection.

Trocars Market Segment
1) By Product: Disposable Trocars, Reposable Trocars, Reusable Trocars, Accessories
2) By Tip: Bladeless Trocars, Optical Trocars, Bladed Trocars, Blunt Trocars
3) By Application: General Surgery, Gynaecological Surgery, Urological Surgery, Bariatric Surgery, Other Applications

Trocars Market Major Players and Strategies
Major players in the trocars market are Johnson & Johnson Medical Devices, B. Braun Melsungen AG, Medtronic, Teleflex Incorporated, CooperSurgical Inc., CONMED Corporation, Applied Medical Resources Corporation, LaproSurge, Purple Surgical, Unimax medical systems Inc., and Olympus Corporation.

In March 2021, Vernacare, a UK-based infection prevention, and hygiene product manufacturer, acquired Robinson Healthcare for an undisclosed amount. The acquisition continues Vernacare’s buy and build strategy and increases the Group’s turnover to $167.5 million (£120m) annually. Robinson Healthcare is a UK-based company that manufactures single-use surgical instruments such as trocars, injection-molded single-use sterile devices, and steel-polymer composite devices.

The Trocars Global Market Report 2023 covers regional data on trocars market size, trocars market trends and drivers, opportunities, strategies, and trocars market competitor analysis. The countries covered in the trocars market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Trocars are sharp-pointed surgical devices that puncture a bodily cavity and offer intra-abdominal access when used with a cannula. It is a type of instrument used in surgeries to insert various surgical implements into blood vessels and to allow the escape of gas and fluid from body organs.

View More Reports Related To The Trocars Market –
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Electrophysiology Devices And Equipment Global Market Report 2023
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