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Custom Procedure Trays and Packs Market 2018 - 2026 | Industry Growth, Analysis By Leading Key Players 3M, Smith Medical, B. Braun Melsungen AG, Becton, Dickinson and Company

06-27-2019 07:44 AM CET | Health & Medicine

Press release from: Coherent Market Insights

Custom Procedure Trays and Packs Market

Custom Procedure Trays and Packs Market

Custom procedure trays and packs (CPTP) are a set designed to provide all the necessary sterile items required to be used in surgeries. This packs are disposable and designed to meet the individual specification of each hospital, according to their procedure requirements, layout, and even the wrap style, stipulated by the surgical team. This market has been flooded with a vast range of products with customized packages for almost every type of invasive and other procedures. Custom procedure trays and packs have improved operating room efficiencies with faster set-up time, less staff pressure and increased patient throughput thus, propel the overall growth of the market.

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Hospitals often have special requirements for procedure kits. Choices vary with doctors and even amongst theatre staff, posing a huge challenge for stock holding for a CPTP company. Hence, it is critical for these companies to have the ability to source various products from a number of suppliers.

The global custom procedure trays and packs market size was valued at US$ 177.1 million in 2017, and is expected to witness a CAGR of 6.2% over the forecast period (2018 – 2026).

Increase in number of surgical procedures and geriatric population are expected to drive growth of the custom procedure trays and packs market

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 have more medical issues affecting their general health and mobility, has been partly responsible for the growth in procedures and the resultant expansion of the CPTP market. For instance, according to research article in semantics scholar, 15-20% people aged 60+ hospitalized in lifetime with wound causes.

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.

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Key players operating in custom procedure trays and packs market 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

Contact Us

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com

About Coherent Market Insights

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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