openPR Logo
Press release

Prepackaged Medical Kits and Trays Market is anticipated to Register a CAGR of 8.3% during 2018 – 2026

Prepackaged Medical Kits and Trays Market is anticipated

There has been a Herculean shift in the healthcare industry towards a reformed model and significant rise in investments worldwide is intended to improve various facilities and services across the healthcare industry. The concept of value-based pricing of pharmaceuticals has gained momentum in the last few years and a majority of the OECD countries have adopted this model. This shift has been a crucial component for the revenue growth of the pre-packaged medical kits and trays market.

Pre-packaged medical kits and trays are witnessing an abundance in demand owing to the high efficiency, safety and convenience offered by these tools. Key revelations on the dynamics impacting the growth of this market are highlighted in a new research study by Persistence Market Research titled ‘Prepackaged Medical Kits and Trays Market: Global Industry Analysis 2013–2017 and Forecast 2018 – 2026.’ Increased governmental spending on healthcare facilities across different regions has led to a surge in adoption of pre-packaged medical kits and trays by private surgeons and hospitals. The global market for pre-packaged medical kits and trays is anticipated to showcase a stellar CAGR of 8.3% during the forecast period, reaching a market value of over US$ 29,000 Mn by the end of 2026.

Request to Sample of Report @ https://www.persistencemarketresearch.com/samples/3403

Rise in Surgical Procedures to Trigger Demand, Especially for Ophthalmic Custom Trays

The last few years have witnessed a significant surge in the number of surgical procedures, primarily owing to a high prevalence of chronic and life-threatening diseases coupled with an increase in the population category most susceptible to ailments requiring surgery. Further, an overcrowding in hospital operating rooms and subsequent rise in surgery related infections has led to a rampant adoption of pre-packaged medical kits and trays globally.

The inherent features of these pre-packaged products are also boosting mass adoption across hospitals and clinics. Pre-packaged medical kits and trays can be customized for specialized procedures, thereby offering enhanced convenience to surgeons and operating room staff. This favorable attribute is creating lucrative market opportunities for manufacturers. According to analysts at Persistence Market Research, the demand for general surgery and instrument kits is anticipated to shoot up in the coming years as compared to other products available in the market. However, ophthalmic custom trays are anticipated to create much greater growth opportunities and are projected to register a robust growth rate in the near future.

Manufacturers Resorting to Product Customization to Achieve Superior Customer Delight in the Wake of Stiffening Market Competition

Several large companies are aiming to stay ahead in the game and are customizing their products according to specific needs to build strong relationships with customers. Hospitals are preferring bundled purchases, which are mostly used for dressing kits, ophthalmic custom trays, and catheter and angioplasty trays. Many key players are also indulging in strategic acquisitions and mergers, which can help them manufacture and deliver quality medical products. As the market continues to grow at an exceptional pace, the competition is expected to intensify and encourage more local players to capitalize on the emerging prospects.

Request Report for TOC @ https://www.persistencemarketresearch.com/methodology/3403

Contract Based Supply Chain Struggles Plaguing the Pre-packaged Medical Kits and Trays Market

An upsurge in the number of local players along with a shift in consumer attitudes towards purchasing healthcare services locally will provide high market potential to under-developed countries to use procedure trays for better surgical outcomes. However, the healthcare products purchase process in most countries is contract based and these contracts are usually signed for a longer term. Particularly, single-use products are procured under long-term tenders, and this acts as a restraint for new entrants who prefer to bid their products along with other competitors. It is yet to be seen how new entrants will stay afloat and grow their business in a market ruled by long-term contracts.

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Prepackaged Medical Kits and Trays Market is anticipated to Register a CAGR of 8.3% during 2018 – 2026 here

News-ID: 1153015 • Views: 190

More Releases from Persistence Market Research Pvt.Ltd.

Dental Restoration Market Present Scenario and the Growth Prospects 2017 - 2025
The term dental restoration covers an integrated management of oral health and restoring the oral health to a functional and esthetic state. The American Dental Association has not considered restorative dentist as a separate specialty though the dentists are able to perform man of these procedures without any additional course or certification. The dental restoration procedures depend on how difficult the procedure is and what the professional feels comfortable with.
Mobile Air Transfer Systems Market Trends and Key Developments 2017 - 2025
Mobile air transfer system is the system used in hospitals and other medical centers that helps to reduce patient handling injury. The system provides patients with simple and comfortable transfer experience along with significantly reducing the cumulative handling effect of thousands of pounds of patients’ weight while routine transfers. To ensure the safety of hundreds of millions of people suffering from health care associated infections and abnormalities mobile air transfer
Orthopedic Veterinary Implants Market is projected to reach US$ 3,500 Mn by 2026
Arthritis is a common disorder which has been recently seen spreading its roots dogs. At present, this diseases is treated with the help of orthopedic veterinary implants. The global orthopedic veterinary implants market has witnessed a substantial surge in the last couple years owing to the rise in pet adoption and their orthopedic surgeries. Majority of the population, especially in the developed regions, own pets such as cats or dogs.
Hospital Acquired Pneumonia Prevention Market is Expected to Reach US$ 1,100 Mn …
Over an eight-year period of assessment 2018-2026, the global market for hospital-acquired pneumonia prevention is poised to witness moderate growth, according to a recent research report on the global hospital-acquired pneumonia prevention market. The report has been published by Persistence Market Research and is titled, “Hospital-Acquired Pneumonia Prevention Market: Global Industry Analysis 2013 – 2017 and Forecast 2018 – 2026.” The US$ 795 Mn market is likely to exhibit a

All 5 Releases


More Releases for Trays

Global Cable Trays Market - Competition Landscape
Global Cable Trays Market - Market Introduction Cable trays are prominently used across the world in routing and organizing power cables in commercial as well as non-commercial premises. In industrial and other commercial facilities power cables are used for distributing large amount of electricity to machines, equipment, etc. Cable trays are effective cable management solutions particularly for distributing power. Global Cable Trays Market - Market Dynamics The global market for cable trays is
Cable Tray Market Report 2018: Segmentation by Type (Ladder Type Cable Trays, So …
Global Cable Tray market research report provides company profile for Thomas & Betts, Chalfant Manufacturing Company, MP Husky, Oglaend System, Snake Tray, Techline Manufacturing, Atkore International, Eaton, Legrand, Schneider Electric and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the
Custom Procedure Trays and Packs Market – Insights
Increasing number of surgical procedures is fuelling the adoption of custom procedure trays and packs (CPTP) market during the forecast period. 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. Increase in geriatric population, who are more likely to develop chronic wounds as they
Steel Cable Tray Market Report 2018: Segmentation by Type (Ladder Type Cable Tra …
Global Steel Cable Tray market research report provides company profile for Metsec (part of Voestalpine), Unitrunk, Ellis, Niedax, Chatsworth Products, Panduit, Enduro Composites, Hoffman, RS Pro, CE, igus, EDP, Vantrunk, Marco Cable Management and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and
Corrugated Trays Market Lucrative opportunities By 2024
Packaging is required to transfer the goods from one place to another and considered as a defining factor towards the sale of the product. The packaging industry has evolved itself by incorporating improved packaging solution, technological advancement and aesthetically pleasing packaging solution. These mentioned factors are important for the company to leave its footprint among its potential customer. Corrugated trays is such a type of packaging solution that keep the
Microwave Trays Market Technological Breakthroughs 2024
Microwave trays is used as a medium to heat and cook food in the micro oven. Micro oven is gaining the popular kitchen appliances among the consumer to save time along with easy to operate and clean. Microwave trays is the gaining popularity among the consumers due to the favorable properties such as flexible for automated and manual packaging lines. Also, the product reduces the storage space and also minimize