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Trocars Market Size Worth $991.1 Million by 2026 | CAGR 4.3%: Grand View Research, Inc.

SAN FRANCISCO, December 3, 2018 /PRNewswire/ --The globalA trocars marketA size is estimated to reach USD 991.1 million by 2026, according to a new report by Grand View Research, Inc., progressing at a CAGR of 4.3% during the forecast period. Rising geriatric population, increasing reliance on laparoscopic surgeries, and favorable reimbursement policies in developed countries are some of the primary growth stimulants for the market.A A A A  (Logo: https://mma.prnewswire.com/media/661327/Grand_View_Research_Logo.jpg )Favorable reimbursement policies by governments and key players for surgical devices and instruments are projected to boost the growth of the market over the forecast period. Key players are providing favorable reimbursement policies in order to promote minimally invasive surgeries, laparoscopic surgeries, and bariatric surgeries. For instance, Ethicon (subsidiary of Johnson & Johnson) conducts Reimbursement Support Program to help healthcare providers with reimbursement related to laparoscopic surgeries and minimally invasive surgeries. These initiatives are most likely to help healthcare providers to take up these procedures instead of traditional ones. Thus, these factors are likely to drive the market over the forecast period.In addition, the volume of surgeries has increased manifolds due to increasing geriatric population worldwide. Geriatric population are prone to various diseases, which require various surgical interventions for treatment. According to estimates published by WHO, the global elderly population is likely to increase from 841.0 million in 2014 to more than 2.0 billion by 2050.Browse full research report with TOC on "Trocars Market Size, Share & Trends Analysis Report By Product (Disposable, Reusable), By Tip (Bladeless, Optical, Blunt, Bladed), By Application, By Region, and Segment Forecasts, 2018 - 2026"[/b]at:https://www.grandviewresearch.com/industry-analysis/trocars-market[b]Further Key Findings From the Report Suggest:

The global disposable trocars market is expected to dominate the market in 2017. Disposable trocars deliver high quality medical output and the chance of post-operative infection is low.



Optical trocars are anticipated to be the fastest growing segment with a CAGR of over 4.5% owing to increasing demand for technologically advanced devices for surgeries



Gynaecological surgery represented the largest share in 2017, with a valuation of USD 174.64 million, owing to increasing prevalence of gynaecological disorders across the globe.



North America dominated the market in 2017 and accounted for approximately half of market revenue. Rising number of surgeries, advancements in healthcare infrastructure, and increasing demand for technologically advanced surgical procedures are contributing to the growth of the region



Asia Pacific is poised to witness the highest growth in the market due to high population, rising geriatric population, and expanding base of patients with unmet needs



Some of the key companies present in the market are CONMED Corporation; The Cooper Companies Inc.; Teleflex Incorporated; GENICON, Inc.; Medtronic; B.Braun Medical Inc.; and Johnson & Johnson.A A A A A A A A A A A A A A 

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Grand View Research has segmented the global trocars market on the basis of product, tip, application, and region:

Trocars Product Outlook (Revenue, USD Million, 2014 - 2026)

Disposable Trocars



Reusable Trocars





Trocars Tip Outlook (Revenue, USD Million, 2014 - 2026)

Bladeless Trocars



Optical Trocars



Blunt Trocars



Bladed Trocars





Trocars Application Outlook (Revenue, USD Million, 2014 - 2026)

General Surgery



Gynecological Surgery



Urological Surgery



Pediatric Surgery



Other Surgeries





Trocars Regional Outlook (Revenue, USD Million, 2014 - 2026)

North America

U.S.



Canada





Europe

U.K.



Germany





Asia Pacific

Japan



China





Latin America

Brazil



Mexico





MEA

South Africa



Saudi Arabia





Explore the BI enabled intuitive market research database,Grand View Compass, by Grand View Research, Inc.About Grand View ResearchA Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. TheA company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc.
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com
Web: https://www.grandviewresearch.com
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