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As per The Business Research Company’s Trocars Global Market Report 2023, 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 trocars market size is expected to grow to $1.1 billion in 2027 at a CAGR of 9.5%.

What was the major driver in the trocars market?
The ageing population is predicted to increase the prevalence of age-related disorders, fueling the expansion of the trocars market in the future years. The world’s old population is quickly growing, and this trend is predicted to continue over the forecast period. In the elderly, laparoscopic techniques are gradually replacing some common surgical procedures. Trocars are placed into the abdomen during laparoscopic surgery to create minimum invasion of the patient. According to the United Nations Department of Economic and Social Affairs’ September 2020 report, the population over 65 is predicted to grow from 9.3% in 2020 to around 16.0% in 2050. Furthermore, according to a World Health Organisation factsheet released in October 2021, there will be 1.4 billion individuals over the age of 60 on the earth by 2030, up from 1 billion in 2020. As a result, the growing ageing population propels the trocars market forward.

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What was the key trend in the trocars market?
The trocars market is being shaped by technology breakthroughs. Companies in the market are increasingly investing in upgrading trocar technology, which lowers the scope of error and improves the operation. For example, Dutch Ophthalmic Research Centre (DORC), a Netherlands-based maker of automated interferometers and inspection equipment, will debut EVA NEXUS in March 2022. Numerous breakthroughs in surgical effectiveness and efficiency are made with the launch of EVA NEXUS, including SmartIOP, which interacts with current EquiPhaco technology for enhanced control in cataract surgery. It contains the groundbreaking EVA AVETA trocar cannula system. A chamfered cannula for simpler insertion, a laser-etched shaft for scleral retention, a push-fit connector, and a Hi-Flow infusion connection are all included.

Which was the largest region in the trocars market?
North America was the largest region in the trocars market in 2022. Europe was the second-largest region the in trocars market. The regions covered in the trocars market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Who are the trocars market prominent players?
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.

Key trocars market segments
The global trocars market is segmented –
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

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The Trocars Global Market Report 2023  provides a comprehensive overview on the trocars market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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