Trocars Market by Product and Geography - Forecast and Analysis 2022-2026

Published: Apr 2022 Pages: 120 SKU: IRTNTR73208

The trocars market share is expected to increase by USD 264.1 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.48%.

This trocars market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers trocars market segmentations by product (cutting trocars and dilating trocars) and geography (North America, Europe, Asia, and Rest of World (ROW)). The trocars market report also offers information on several market vendors, including Ackermann Instrumente GmbH, B Braun Melsungen AG, BNR Co.Ltd., Changzhou Ankang Medical Instrument Co.Ltd., Conmed Corp., Eberle GmbH and Co. KG, GENICON Inc., Johnson and Johnson, LaproSurge Ltd., LocaMed Ltd., Medtronic Plc, Novatech, Peters Surgical, Purple Surgical, Seemann Technologies GmbH, SURKON MEDICAL, The Cooper Companies Inc., UNIMAX MEDICAL SYSTEMS Inc., Victor Medical Instruments Co.Ltd., and XION GmbH among others.

What will the Trocars Market Size be During the Forecast Period?

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Trocars Market: Key Drivers, Trends, and Challenges

The rising volume of laparoscopic procedures is notably driving the trocars market growth, although factors such as complications associated with trocars may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the trocars industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Trocars Market Driver

The rising volume of laparoscopic procedures is one of the key drivers supporting the trocars market growth. The rising demand for laparoscopy has increased the demand for various diagnostic and therapeutic procedures such as appendectomy, bowel resection, cholecystectomy, hernia repair, and other related procedures. On average, over 7.5 million laparoscopic procedures are performed annually worldwide. Further, the volume of laparoscopic procedures is high in the US, followed by Europe and Japan, owing to high awareness about the benefits of laparoscopy and the easy availability of skilled surgeons who can perform them. Thus, the growing volume of laparoscopic procedures will contribute to the growth of the global trocars market during the forecast period.

Key Trocars Market Trend

The emergence of balloon BTT is one of the key trocars market trends that is contributing to the market growth. Various complications associated with laparoscopy have created the need for technological advances in terms of the design and material used for manufacturing trocars. Complications associated with laparoscopy cholecystectomy when accessing the peritoneal cavity may damage with the use of another available type of trocars. Therefore, vendors conduct R&D to provide better clinical outcomes. Many pure players and key manufacturers offer balloon BTT, which facilitates the entire laparoscopic procedure smoothly and avoids possible complications. Thus, such rapid innovation in balloon BTT will drive its demand globally during the forecast period. Such increasing demand is propelling the trocars market growth.

Key Trocars Market Challenge

Complications associated with trocars is one of the factors hindering the trocars market growth. The accurate insertion of trocars is crucial as it is associated with multiple risks and injuries, especially to intra-abdominal viscera and both intra and retroperitoneal vessels. Injuries in the bowels and vasculature often occur during the insertion of trocars. In most cases, injuries cannot be diagnosed at the initial stage. This delay in diagnosis becomes fatal and sometimes leads to the death of patients. Despite technological advances, several cases of injuries and deaths are reported every year due to the incorrect insertion of trocars. Apart from these, several life-threatening complications such as wound infection and incisional hernia are also reported. These complications may hinder the trocars market growth during the forecast period.

This trocars market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global trocars market as a part of the global life science tools and services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the trocars market during the forecast period.

Who are the Major Trocars Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Ackermann Instrumente GmbH
  • B Braun Melsungen AG
  • BNR Co.Ltd.
  • Changzhou Ankang Medical Instrument Co.Ltd.
  • Conmed Corp.
  • Eberle GmbH and Co. KG
  • GENICON Inc.
  • Johnson and Johnson
  • LaproSurge Ltd.
  • LocaMed Ltd.
  • Medtronic Plc
  • Novatech
  • Peters Surgical
  • Purple Surgical
  • Seemann Technologies GmbH
  • SURKON MEDICAL
  • The Cooper Companies Inc.
  • UNIMAX MEDICAL SYSTEMS Inc.
  • Victor Medical Instruments Co.Ltd.
  • XION GmbH

 

This statistical study of the trocars market encompasses successful business strategies deployed by the key vendors. The trocars market is fragmented and the vendors are deploying growth strategies such as adopting advanced technologies to compete in the market.

Product Insights and News

  • Ackermann Instrumente GmbH - The unified segment offers various products such as ENT, electro surgery, container systems, laparoscopy, ligature systems, among others. 
  • Ackermann Instrumente GmbH - The company is involved in offering wide range of trocars and obturators which are used during laparoscopic procedures and other minimally invasive surgeries process to make small, puncturel ike incisions in outer tissue layers. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The trocars market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Trocars Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the trocars market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Trocars Market?

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42% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for the trocars market in North America. Market growth in this region will be slower than the growth of the market in Asia.

The constant rise in the number of laparoscopic procedures and the growing demand for disposable trocars will facilitate the trocars market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

In 2020, the outbreak of COVID-19 impacted the demand for trocars negatively. However, the US government has not imposed any lockdown, which will lead to the continuation of the manufacturing of trocars during the forecast period and thereby driving the market growth.

What are the Revenue-generating Product Segments in the Trocars Market?

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The trocars market share growth by the cutting trocars segment will be significant during the forecast period. The global cutting trocars market is expected to grow steadily during the forecast period owing to the growing number of laparoscopic procedures worldwide, the introduction of lancet features in bladed trocars, and the launch of transconjunctival 23 and 25-gauge trocar systems with a self-sealing option. Vendors are upgrading their existing cutting trocars with features like reduced penetrating force while making changes in design and edge. Thus, they have introduced lancet-bladed trocars that have low piercing and cutting force, symmetrical wound architecture, and linear wound apposition. These strategies will drive the segment growth during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the trocars market size and actionable market insights on post COVID-19 impact on each segment.

 

Trocars Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 5.48%

Market growth 2022-2026

$ 264.1 million

Market structure

Fragmented

YoY growth (%)

5.29

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 42%

Key consumer countries

US, Canada, Germany, UK, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Ackermann Instrumente GmbH, B Braun Melsungen AG, BNR Co.Ltd., Changzhou Ankang Medical Instrument Co.Ltd., Conmed Corp., Eberle GmbH and Co. KG, GENICON Inc., Johnson and Johnson, LaproSurge Ltd., LocaMed Ltd., Medtronic Plc, Novatech, Peters Surgical, Purple Surgical, Seemann Technologies GmbH, SURKON MEDICAL, The Cooper Companies Inc., UNIMAX MEDICAL SYSTEMS Inc., Victor Medical Instruments Co.Ltd., and XION GmbH

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Trocars Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive trocars market growth during the next five years
  • Precise estimation of the trocars market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the trocars industry across North America, Europe, Asia, and Rest of World (ROW)
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of trocars market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 26: Chart on Comparison by Product
      • Exhibit 27: Data Table on Comparison by Product
    • 5.3 Cutting trocars - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Cutting trocars - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Cutting trocars - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Cutting trocars - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Cutting trocars - Year-over-year growth 2021-2026 (%)
    • 5.4 Dilating trocars - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Dilating trocars - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Dilating trocars - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Dilating trocars - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Dilating trocars - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Product
      • Exhibit 36: Market opportunity by Product ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 Asia - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Asia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Asia - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Asia - Year-over-year growth 2021-2026 (%)
    • 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
    • 7.7 US - Market size and forecast 2021-2026
      • Exhibit 58: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.8 Canada - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.9 Germany - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.10 UK - Market size and forecast 2021-2026
      • Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.11 France - Market size and forecast 2021-2026
      • Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.12 Market opportunity by geography
      • Exhibit 78: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 79: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 80: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 81: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 82: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 83: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 84: Matrix on vendor position and classification
            • 10.3 Ackermann Instrumente GmbH
              • Exhibit 85: Ackermann Instrumente GmbH - Overview
              • Exhibit 86: Ackermann Instrumente GmbH - Product / Service
              • Exhibit 87: Ackermann Instrumente GmbH - Key offerings
            • 10.4 B Braun Melsungen AG
              • Exhibit 88: B Braun Melsungen AG - Overview
              • Exhibit 89: B Braun Melsungen AG - Business segments
              • Exhibit 90: B Braun Melsungen AG - Key news
              • Exhibit 91: B Braun Melsungen AG - Key offerings
              • Exhibit 92: B Braun Melsungen AG - Segment focus
            • 10.5 Conmed Corp.
              • Exhibit 93: Conmed Corp. - Overview
              • Exhibit 94: Conmed Corp. - Business segments
              • Exhibit 95: Conmed Corp. - Key offerings
              • Exhibit 96: Conmed Corp. - Segment focus
            • 10.6 Johnson and Johnson
              • Exhibit 97: Johnson and Johnson - Overview
              • Exhibit 98: Johnson and Johnson - Business segments
              • Exhibit 99: Johnson and Johnson - Key news
              • Exhibit 100: Johnson and Johnson - Key offerings
              • Exhibit 101: Johnson and Johnson - Segment focus
            • 10.7 LaproSurge Ltd.
              • Exhibit 102: LaproSurge Ltd. - Overview
              • Exhibit 103: LaproSurge Ltd. - Product / Service
              • Exhibit 104: LaproSurge Ltd. - Key offerings
            • 10.8 Medtronic Plc
              • Exhibit 105: Medtronic Plc - Overview
              • Exhibit 106: Medtronic Plc - Business segments
              • Exhibit 107: Medtronic Plc - Key news
              • Exhibit 108: Medtronic Plc - Key offerings
              • Exhibit 109: Medtronic Plc - Segment focus
            • 10.9 Novatech
              • Exhibit 110: Novatech - Overview
              • Exhibit 111: Novatech - Key offerings
            • 10.10 Peters Surgical
              • Exhibit 112: Peters Surgical - Overview
              • Exhibit 113: Peters Surgical - Product / Service
              • Exhibit 114: Peters Surgical - Key offerings
            • 10.11 Purple Surgical
              • Exhibit 115: Purple Surgical - Overview
              • Exhibit 116: Purple Surgical - Product / Service
              • Exhibit 117: Purple Surgical - Key offerings
            • 10.12 The Cooper Companies Inc.
              • Exhibit 118: The Cooper Companies Inc. - Overview
              • Exhibit 119: The Cooper Companies Inc. - Business segments
              • Exhibit 120: The Cooper Companies Inc. - Key offerings
              • Exhibit 121: The Cooper Companies Inc. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 122: Inclusions checklist
                • Exhibit 123: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 124: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 125: Research methodology
                • Exhibit 126: Validation techniques employed for market sizing
                • Exhibit 127: Information sources
              • 11.5 List of abbreviations
                • Exhibit 128: List of abbreviations
              • growth due to the increasing number of tests for infectious and chronic diseases: The incidence of infectious and chronic diseases has increased over the past decade. The outbreak of the COVID-19 pandemic in 2020 has increased the demand for laboratory testing for COVID-19 across the world. An increase in demand for laboratory testing for infectious diseases, such as COVID-19 and chronic diseases, will be a driver for the life sciences tools and services industry in the future. The growth of the tools and services industry will continue to be strong in emerging markets such as China and India. Developed economies such as Japan and the EU will exhibit moderate growth rates.
                • product development to decrease prices: As the pricing pressure increases, life sciences tools manufacturers will have to rethink product development processes. A value first product design philosophy can help control costs and deliver what customers value the most.

                  Research Framework

                  Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                  INFORMATION SOURCES

                  Primary sources

                  • Manufacturers and suppliers
                  • Channel partners
                  • Industry experts
                  • Strategic decision makers

                  Secondary sources

                  • Industry journals and periodicals
                  • Government data
                  • Financial reports of key industry players
                  • Historical data
                  • Press releases

                  DATA ANALYSIS

                  Data Synthesis

                  • Collation of data
                  • Estimation of key figures
                  • Analysis of derived insights

                  Data Validation

                  • Triangulation with data models
                  • Reference against proprietary databases
                  • Corroboration with industry experts

                  REPORT WRITING

                  Qualitative

                  • Market drivers
                  • Market challenges
                  • Market trends
                  • Five forces analysis

                  Quantitative

                  • Market size and forecast
                  • Market segmentation
                  • Geographical insights
                  • Competitive landscape

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                  Key Questions Answered

                  • What are the key global market and the regional market share?
                  • What are the revenue-generating key market segments?
                  • What are the key factors driving and challenging this market’s growth?
                  • Who are the key market vendors and their growth strategies?
                  • What are the latest trends influencing the growth of this market?
                  • What are the variables influencing the market growth in the primary regions?
                  • What are the factors influencing the growth of the parent market?

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