Global Trocar Market Report and Forecast 2024-2032

Global Trocar Market Outlook

The global trocar market size was valued at USD 697 million in 2023, driven by the increasing number of laparoscopic procedures across the globe. The market is expected to grow at a CAGR of 4.9% during the forecast period of 2024-2032, with the values likely to rise from USD 731.2 million in 2024 to USD 1071.8 million by 2032.

Trocars: Introduction

A trocar is a medical device used as a portal for inserting endoscopic instruments like scissors, staplers, grasper, and suction tips, among others, in the thoracic or abdominal walls during laparoscopic surgery. It is made up of an awl, a cannula, and a seal as well. Some trocars also include valves to facilitate insufflation (act of blowing something such as a gas, vapor, or powder).

Trocars are used in minimally invasive surgery. It aids in assessing and draining fluid collections in patients with hydrothorax or ascites. It also finds wide application in embalming and veterinary use.

Global Trocar Market Analysis

Laparoscopic surgeries have gained wide acceptance owing to the minimally invasive advantages it offers. Shorter hospitalization, reduced complications, and smaller incisions are some of the key benefits associated with it. As a result, the trocar market demand has increased in recent years.

With increased technical advancements and a greater understanding of human anatomy, healthcare pioneers have been working on bringing novel and advanced trocars to the market. ENDOPATH XCEL trocars by the Ethicon division of Johnson & Johnson Pvt. Ltd. are designed to offer full control and consistency to the user.

VersaOne™ optical trocar by Medtronic contains a dolphin nose tip that enables smoother insertion. The port fixation and security allow advanced fixation and inhibits the canula from moving during the time of the procedure, leading to lower risk of mistakes. With continuous improvements in the prevailing devices, we can anticipate the trocar market value to rise in the forecast period.

Global Trocar Market Segmentation

Market Breakup by Product

• Disposable Trocars

• Reposable Trocars

• Reusable Trocars

• Accessories

Market Breakup by Tip

• Bladeless Trocars

• Optical Trocars

• Blunt Trocars

• Bladed Trocars

Market Breakup by Application

• General Surgery

• Gynaecological Surgery

• Urological Surgery

• Pediatric Surgery
• Other

Market Breakup by End User

• Hospitals

• Specialty Clinics

• Ambulatory Surgery Centres

• Other

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Global Trocar Market Overview

North America, especially the United States, holds a substantial portion of the trocar market share, given its advanced healthcare infrastructure and high surgical procedure volumes. With the help of awareness initiatives, there is an increasing preference for minimally invasive surgeries. In addition, there is a high adoption rate of new surgical technologies, along with a significant regulatory framework that facilitates the introduction of innovative devices.

With a highly advanced public healthcare system, Europe represents a considerable share of the market. There are several training programs in medical institutions to adopt and incorporate new technologies. This marks significant benefits for the geriatric population in the region, constantly in the need of surgeries.

The Asia Pacific region is expected to witness the fastest trocar market growth in the coming years. Several factors such as rising medical tourism, increasing healthcare funding, and incidence of surgical procedures are responsible for the market growth. With increasing privatization, the healthcare infrastructure and research is steadily evolving to foster better patient outcomes.

Global Trocar Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• Johnson & Johnson Services, Inc

• Medtronic

• B. Braun Melsungen AG

• Applied Medical Resources Corporation

• The Cooper Companies Inc.

• Teleflex Incorporated

• CONMED Corporation

• LaproSurge

• Purple Surgical

• Bharat Surgical Co.

• ELMED Incorporated 

• Poly Medicure Limited

• NovaProbe Inc.

• Unimicro Medical Systems Co., Ltd.

• Unimax Medical Systems Inc

Key Highlights of the Report