Press release
Custom Procedure Kits Global Market Report 2023 - By Market Analysis, Industry Trends, Growth Opportunities Forecast To 2032
The Business Research Company's Custom Procedure Kits Global Market Report 2023 identifies rise in hospital surgery admissions as the major driver for the Custom Procedure Kits market's growth in the forecast period. Hospital admissions for surgeries refer to the entrance of patients to treat illnesses or injuries in humans or animals by surgeries. The rise in the number of hospital admissions for surgeries would help advance and develop custom procedure kits, as it reduces the preparation time of medical staff and is safe and reliable.
The global custom procedure kits market is expected to grow from $6.62 billion in 2022 to $7.31 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The custom procedure kits market is expected to reach $10.45 billion in 2027 at a CAGR of 9.3%.
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Major competitors in the Custom Procedure Kits market are McKesson Corporation, Cardinal Health Inc., Thermo Fisher Scientific Inc., 3M Company, Medtronic PLC.
A key trend in the Custom Procedure Kits market includes product innovation. Major companies operating in the custom procedure kits market are focused on product innovations to sustain their position in the market. For instance, in April 2021, Synertech Ltd., a UK-based medical device company providing surgical solutions, launched the single-use sterile dural repair procedure pack. The kit is ideal for ambulatory surgery centers or hospitals because all the components are in an easy-to-use, single-use, clean procedure pack. The set includes a pair of 7-inch micro needle holders with lock forceps, 7-inch micro scissors for discectomy, and a 6.0-inch polypropylene suture with a round body and a 12-inch needle.
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The Custom Procedure Kits market is segmented -
• By Procedure: Colorectal, Thoracic, Orthopedic, Ophthalmology, Neurosurgery, Cardiac Surgery, Gynecology, General Surgery, Urology, Other Procedures
• By Product: Disposable, Reusable
• By End-User: Hospitals, Ambulatory Surgical Centers, Clinics, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Custom Procedure Kits market.
The Business Research Company's "Global Custom Procedure Kits Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Custom Procedure Kits Market Include:
1. Executive Summary
2. Custom Procedure Kits Market Characteristics
3. Custom Procedure Kits Market Trends And Strategies
4. Custom Procedure Kits Market - Macro Economic Scenario
6. Custom Procedure Kits Market Segmentation
.....................
32. Global Custom Procedure Kits Market Competitive Benchmarking
33. Global Custom Procedure Kits Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Custom Procedure Kits Market
35. Custom Procedure Kits Market Future Outlook and Potential Analysis
36. Appendix
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