Custom Procedure Trays and Packs Market - Global Forecast, 2022 - 2028

Custom Procedure Trays and Packs Market - Global Forecast, 2022 - 2028

Custom procedure trays and packs (CPTP) are selection of components ranging from sutures, surgical swabs, wound dressings, drapes, and surgical blades to cardiac catheters and implants, providing healthcare providers to work more efficiently to deliver high quality healthcare and potentially leaving patients less exposed to hospital associated infections.
Custom procedure packs can also reduce the amount of waste generated by units. The Kingston Hospital study saw the number of clinical waste bags reduce by 50% in 2015. Furthermore, an initiative in The Royal Liverpool and Broadgreen University Hospitals found that utilising procedure packs allowed them to eliminate one bag of rubbish per procedure.
Market Dynamics
The global custom procedure trays and packs market is projected to witness significant growth over the forecast period, owing to increasing prevalence of chronic and hospital associated diseases and surgical procedures. For instance, according to the WHO, global volume of the surgeries performed in 2012 was estimated to 266.2 to 359.5 million, out of which one in every 20 operations globally was done in very-low-expenditure Member States.
Manufactures are adopting various strategies over tendering process and e-auctioning practices, as tendering process and e-auctioning practices is very common in this market to procure the products from those manufacturers that offers at low prices. Such strategies include, the stripping down of non-essential components of CPTP. Companies are looking forward for in-house manufacturing of CPTP components, rather than sourcing them from other OEMs, this strategy, together with the move to reduce packaging costs and expand distribution structure with stocking capabilities, will guarantee strong revenue growth for market participants. For instance, in 2021, Molnlycke Health Care built a new state-of-the-art procedure tray factory with in-house sterilisation in Europe which expands their production capacity and ability to provide a game-changing level of procedure tray service.
Key features of the study:

This report provides in-depth analysis of the custom procedure trays and packs market, market size (US$ Million) and Cumulative Annual Growth Rate (CAGR (%)) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global custom procedure trays and packs market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies
Key companies covered as a part of this study include 3M, Smith Medical, B. Braun Melsungen AG, Becton, Dickinson and Company, Lohmann & Rauscher Inc., Medtronic Plc., Bausch & Lomb Incorporated., Cardinal Health, Kimal Plc., and Pennine Healthcare
Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, governmental initiatives, technological up-gradation, market expansion and marketing tactics.
The global custom procedure trays and packs market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors and suppliers for custom procedure trays and packs market, research and consulting firms, new entrants and financial analysts.

Detailed Segmentation:

Global Custom Procedure Trays and Packs Market, By Product Type:

Ophthalmic Procedure Kits
Angiography Procedure Kits
Anaesthesia Procedure Kits
Operating Room Procedure Kits
Other Procedure Kits

Global Custom Procedure Trays and Packs Market, By End User:

Hospitals
Clinics
Ambulatory Surgical Centers

Global Custom Procedure Trays and Packs Market, By Region:

North America

By Country:

U.S.
Canada

By Product Type:

Ophthalmic Procedure Kits
Angiography Procedure Kits
Anaesthesia Procedure Kits
Operating Room Procedure Kits
Other Procedure Kits

By End User:

Hospitals
Clinics
Ambulatory Surgical Centers

Europe

By Country:

U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe

By Product Type:

Ophthalmic Procedure Kits
Angiography Procedure Kits
Anaesthesia Procedure Kits
Operating Room Procedure Kits
Other Procedure Kits

By End User:

Hospitals
Clinics
Ambulatory Surgical Centers

Asia Pacific

By Country:

Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific

By Product Type:

Ophthalmic Procedure Kits
Angiography Procedure Kits
Anaesthesia Procedure Kits
Operating Room Procedure Kits
Other Procedure Kits

By End User:

Hospitals
Clinics
Ambulatory Surgical Centers

Latin America

By Country:

Brazil
Mexico
Argentina
Rest of Latin America

By Product Type:

Ophthalmic Procedure Kits
Angiography Procedure Kits
Anaesthesia Procedure Kits
Operating Room Procedure Kits
Other Procedure Kits

By End User:

Hospitals
Clinics
Ambulatory Surgical Centers

Middle East

By Country:

GCC
Israel
Rest of Middle East

By Product Type:

Ophthalmic Procedure Kits
Angiography Procedure Kits
Anaesthesia Procedure Kits
Operating Room Procedure Kits
Other Procedure Kits

By End User:

Hospitals
Clinics
Ambulatory Surgical Centers

Africa

By Country:

South Africa
North Africa
Central Africa

By Product Type:

Ophthalmic Procedure Kits
Angiography Procedure Kits
Anaesthesia Procedure Kits
Operating Room Procedure Kits
Other Procedure Kits

By End User:

Hospitals
Clinics
Ambulatory Surgical Centers

Company Profiles

3M*

Company Overview
Product Portfolio
Financial Performance
Recent Highlights
Strategies

Smith Medical
B. Braun Melsungen AG
Becton, Dickinson and Company
Lohmann & Rauscher Inc.
Medtronic Plc.
Bausch & Lomb Incorporated.
Cardinal Health
Kimal Plc.
Pennine Healthcare

“*” marked represents similar segmentation in other categories in the respective section.