Global Procedure Trays Market report offers the latest industry trends, technological alteration and forecast data. A deep-dive view of Procedure Trays industry based on its size, growth, development plans, and opportunities is offered by this report. The forecast information, SWOT analysis, Procedure Trays barriers, and feasibility study are the vital aspects evaluated in this report.
The Global Procedure Trays Market is projected to reach
USD 18.9 billion by 2025 owing to the rising number of surgeries worldwide.
The procedure trays are also known as custom procedure trays and are defined as
a pre-packaged collection of medical objects. These are the disposable objects
offered to the surgeons at the time of surgeries. Especially the designed procedure
trays differ from surgery to surgery. They are dependent on the surgery
content, layout and the wrapping style as required by the surgical team to
reduce the setup time and cost, risk of contamination, and surgical waste.
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Increase in popularity of the procedure trays among the
medical practitioners is predicted to be a major procedure trays industry
driver in the forecast period. Moreover, the growing demand from patients for
the non-invasive surgeries is expected to impact the procedure trays market
growth with a CAGR of 10.5%. The surgeons save a lot of time for surgeries and
the setup time required for an operation with the help of the procedure trays.
The saved time help surgeons to work proficiently on the operations and improve
the operation planning. The operation theatre logistics are streamlined identical
to activities of the logistics department. Time-saving is enabled on a number
of tasks like placing of right medical tools on the right place and at the
right time. In short, effective supply of procedure trays on the right time
benefits the hospitals to simplify their logistics and reduce on costs.
Nowadays, patients prefer the minimally invasive or pain
free surgeries due to the greater risk of infections. The use of prepacked kit
assists in control and prevention of infectious diseases. Additionally,
non-invasive surgeries help to shorten the hospital stay period, which saves
patient’s time and his medical cost. Furthermore, governments across the globe
are encouraging the use of disposable sterile instruments to infection-free
surgeries. This is expected to boost the market in near future. Also the rising
number of surgeries and the demand for modern logistics and inventory
management is observed to increase in future.
The hospitals are restricted to store large stock of
medical supplies due to procedure trays. This avoids the expiry of products and
promotes better surgery material to the patients. The purchase and
administrative departments do not require to contact large number of suppliers
due to the growing prevalence of procedure trays. This results in saving of
administration and procurement costs.
Procedure trays industry is categorized on the basis of
product type, end-use and geography. Based on product type, the market is
divided into Operating Room, Angiography, Ophthalmology, etc. On the basis of
end-use, the market is divided into hospitals, clinics, other healthcare
facilities. Geographically, the procedure trays market is segmented as Asia
Pacific, North America, Europe, Latin America and Middle East & Africa.
North America is expected to dominate the procedure trays industry due to
excellent health care infrastructure with technologically enhanced practice,
higher spending power of consumers, strict regulations and the existence of key
market players.
The prominent procedure trays industry players profiled
here are Boston Scientific Corp., CareFusion Corp., Covidien AG, C.R. Bard
Inc., Hogy Medical Co., Ltd., Medical Action Industries Inc.
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