Global Trocars Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026

According to Data Bridge Market Research new Market report, global trocars market will account to an estimated USD 540.45 million in 2018 growing at a CAGR of 7.5% during the forecast period of 2019 to 2026.

Access Full Report at https://databridgemarketresearch.com/reports/global-trocars-market

Global Trocars Market

Trocar is a surgical instrument or a medical device that is used as a joining device for scissors, staplers, etc. in surgical procedures. It usually involves three-sided instrument attached to its body and an open tube like structure for the disposal and excrement of gas and fluids. Traditionally, it was used to relieve the pressure built-up in the human body, but with modern times it has been used in laparoscopic procedures, and with it the structure of it has also changed.

Segmentation: Global Trocars Market

Global trocars market is segmented on the basis of product, tip, application, end user and geography.

By Product (Disposable Trocars, Reposable Trocars, Reusable Trocars, Accessories), Tip (Bladeless Trocars, Optical Trocars, Blunt Trocars, Bladed Trocars), Application (General Surgery, Gynecological Surgery, Urological Surgery, Pediatric Surgery, Other Surgeries), End User (Hospitals, Other End Users) and Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa)

FACTORS DRIVING GROWTH IN TROCARS MARKET

Rising Geriatric Population

According to United Nations Department of Economic and Social Affairs/Population Division; in 2017, estimated population of people with age 60 or above was 962 million, which means around 13 per cent of the population. This age bracket or group is growing at a rate of 3 per cent every year. Presently, Europe is leading the other regions in terms of population consisting of this age group. This brisk speed of ageing is expected to carry on in other regions as well, which projects that by the end of 2050 excluding Africa all regions of the world would have more than a quarter share of their total population at an age of 60 years and above. The population of this age group is projected to reach around 1.40 billion in 2030 and 2.10 billion in 2050, and could ultimately rise up to 3.10 billion in 2100.

This rising levels of age of population, is expected to be one of the major factors for the growth of trocars globally, as they are used as a joiner for scissors, staplers in various surgical procedures.

Global Trocars Market

Key Market Competitors: Global Trocars Market

Few of the major competitors currently working in the trocars market are Johnson & Johnson, Medtronic, Ethicon USA LLC., B. Braun Melsungen AG, Applied Medical Resources Corporation, The Cooper Companies Inc., Teleflex Incorporated, CONMED Corporation, LaproSurge, Purple Surgical, GENICON, Bharat Surgical Co., ELMED Incorporated, Poly Medicure Limited, Jay Shakti Industries, Mortech Manufacturing Company Inc., NovaProbe Inc., Unimicro Medical Systems Co., Ltd., Unimax Medical Systems Inc. and Surkon Medical Co. Ltd.

Browse Related Reports:

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https://databridgemarketresearch.com/reports/global-ophthalmic-surgical-instruments-market-2/

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Global Trocars Market is Expected to Register a Healthy CAGR in the Forecast Period of 2019 to 2026

Global Trocars Market

Segmentation: Global Trocars Market