This report provides exclusive insights into the COVID-19 impact on the Trocars Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Trocars Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Trocars Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by
Infinium Global Research on the trocars market provides an in-depth analysis of
segments and sub-segments in the global as well as regional trocars market. The
study also highlights the impact of drivers, restraints, and macro indicators
on the global and regional trocars market over the short term as well as long
term. The report is a comprehensive presentation of trends, forecast and dollar
values of global trocars market. According to the report, the global trocars
market is projected to grow at a CAGR of 6.1% over the forecast period of
A trocar is a medical device used
in the medicine, veterinary, and embalming process. It is made of the
obturator, cannula, and a seal. In March 2019, the Fujifilm interlock trocar has
been launched by FUJIFILM. New Development, which is used to control a
laparoscope and a hand instrument. It is designed in such a way that makes
surgery easier, more efficient for surgeons, and less invasive for patients.
Additional features include an integrated lens cleaning function, which helps
to clean the lens and restore the intense image quality without removing the
scope from the trocar. In addition, the FDA has given 510k authorization to
Fujifilm interlock trocar and will be commercially available in the U.S in the
The laparoscopic methodologies
help to bring down the danger of postoperative contaminations and also lowers
the chance of gaining any further complications. Thus, the rising adoption of
laparoscopic bariatric procedures is the factor driving the trocars market. In
addition, technological advancements in the field of laparoscopy are
anticipated to experience rapid growth in the market. In recent times,
increasing adoption of the trocars in some cases of the gynecological problems
has contributed progression to the market. Rising adoption of the minimally
invasive surgical procedures, in turn, boosts the same market. The features
such as integrated lens cleaning function and saving time as well as reducing
the need for repositioning are impelling the market. However, complications
such as vascular or visceral injury, abdominal wall hematoma, trocar site pain,
and trocar site hernias yet remains one of the major restraints to this market.
In addition, the lack of skilled healthcare professionals and surgeons to
efficiently handle the trocars are the other hampering factor in this market.
Moreover, the increasing technological advancement such as the Fujifilm
interlock trocar offers favorable opportunities for this market.
Geographically, North America is
the dominant region in the trocars market due to the increasing inclination for
laparoscopic surgeries to open surgeries and prominent market contributors in
terms of product innovation. The U.S. is the leading revenue contributor in the
region. In addition, growing awareness about the minimally invasive surgeries
and increasing healthcare expenditure are the factors anticipating to
experience rapid growth to the market. Asia Pacific is expected to grow at the
highest CAGR in the forecast period owing to cumulative healthcare expenditure
and technological advancements. Furthermore, government initiatives contribute
to the growth of the market. For instance, training programs for surgeons on
laparoscopic surgery is a major initiative taken by the Ministry of Health, in
China. This, in turn, boosting the market.
The report on global trocars
market covers segments such as product type, application, and end-user. On the
basis of product type, the sub-markets include disposable trocars, reusable
trocars, reposable trocars, and accessories. On the basis of application, the
sub-markets include general surgery, gynecological surgery, urological surgery,
bariatric surgery, and other application. On the basis of end-user, the
sub-markets include hospitals, and ambulatory surgical centers.
The report provides profiles of
the companies in the market such as CONMED Corporation, The Cooper Companies
Inc., Teleflex Incorporated, GENICON, INC, Medtronic, B. Braun Medical Inc.,
FUJIFILM New Development Inc., and Johnson & Johnson.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of the trocars market. Moreover, the study highlights current market
trends and provides forecast from 2019-2025. We also have highlighted future
trends in the market that will affect the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight into the market share of the leading players.