Custom Procedure Kits Market Production Growth and Business Opportunities During 2019-2026 | Grand View Research, Inc.

October 21 12:52 2021
Custom Procedure Kits Market Production Growth and Business Opportunities During 2019-2026 | Grand View Research, Inc.
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According to a new report published by Grand View Research, as the elderly population is more susceptible to various types of diseases and infections that require surgery, this population acts as a catalyst for the increasing demand for the procedure kits.

The global custom procedure kits market size is expected to reach USD 11.2 billion by 2026 at a CAGR of 10.8%, according to a new report by Grand View Research, Inc. Increasing demand for custom procedure kits to save time, and operate efficiently during surgeries is propelling the market growth.

Custom procedure kits provide physicians and healthcare practitioners a single-use option to select required sterile surgical instruments and tools. Furthermore, the preconfigured and prepacked trays & kits eliminate the need to stock individual components in bulk. Hence, prepacked custom procedural solutions help improve the quality of services as they aid in efficient inventory management.

The disposable custom procedure kits market held the largest share in 2018. Due to the increasing incidence of infections, it is important to protect all medical equipment and personnel against the transmission of pathogens. This is particularly crucial in operating theatres, where infection control is a challenging task due to the continuous flow of staff and patients. Hence, there is a high demand for disposable products in the healthcare industry.

The ambulatory surgical centers’ segment is anticipated to grow at the fastest CAGR over the forecast period. Growing disease burden coupled with the rapidly aging population is among the major factors driving the growing number of surgeries thereby propelling segment growth. Moreover, various government initiatives are being undertaken to spread awareness about the benefits of surgical treatments such as early mobilization of patients, shortened hospital stay, low risk of hospital-acquired infections, and rapid recovery are expected to propel market growth.

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Custom Procedure Kits Market Report Highlights

• Hospital segment accounted for the largest share in 2018 owing to the increasing number of hospital admission, as a result, medical emergencies and the availability of various surgical procedures that require dedicated surgical facilities.

• North America dominated the market with around 45.0% of the market share in 2018. The presence of local market players and various initiatives undertaken by the government to encourage the use of single-use medical supplies to prevent infections are some of the major factors in the region.

• The Asia Pacific region is projected to witness the fastest growth during the forecast period owing to the increasing patient population and government initiatives to improve healthcare infrastructure in this region

• Market players include Medline Industries, Teleflex Incorporated, Owens & Minor, Inc., Medtronic, Cardinal Health, McKesson Corporation, Smiths Medical, Terumo Cardiovascular Systems Corporation, Santex S.p.A., OneMed, and Mölnlycke Health Care

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Custom Procedure Kits Market Segmentation

Grand View Research has segmented the global custom procedure kits market based on product type, procedure, end-use and region:

Product Type Outlook (Revenue, USD Million, 2015 – 2026)                                           

    • Disposable                                           

    • Reusable

Procedure Outlook (Revenue, USD Million, 2015 – 2026)

    • Bariatric

    • Colorectal

    • Thoracic

    • Orthopedic

    • Ophthalmology

    • Neurosurgery

    • Cardiac Surgery

    • Gynecology

    • General Surgery

    • Urology

    • Others

End-use Outlook (Revenue, USD Million, 2015 – 2026)                                                

    • Hospitals

    • Ambulatory Surgical Centers

    • Clinics

    • Others     

Regional Outlook (Revenue, USD Million, 2015 – 2026)                                                      

     • North America       

        • U.S.

        • Canada

     • Europe

        • Germany

        • U.K.

        • Spain

        • Italy

        • France

     • Asia Pacific

        • China

        • India

        • Japan

        • Australia

        • South Korea

     • Latin America

        • Brazil

        • Mexico

        • Argentina

     • Middle East & Africa

        • UAE

        • Saudi Arabia

        • South Africa     

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Browse More Related Report:

Europe Custom Procedure Kits Market Size, Share & Trends Analysis Report By Product (Disposable, Reusable), By Procedure (Orthopedic, Thoracic), By End-use (ASCs, Clinics, Hospitals), By Country, And Segment Forecasts, 2021 – 2028

About Grand View Research

Grand View Research is a market research and consulting company that offers market research reports, syndicated and customized reports. The company is headquartered in San Francisco, California. It offers client engagement for business consulting and market intelligence from various domains. The clientele is based across various countries with queries coming from more than 50 industries worldwide.

Grand View Research helps its clients to make informed decisions by helping them understand current trends and scenarios. Every year Grand View Research accomplishes more than 300 multi-country market studies to optimize consulting for clients. 

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