Procedure Trays Market Size, Share, Growth with Recent Trends, Development, Revenue, Demand and Forecast to 2030

The Procedure Trays Market was valued at US$ 21,536.67 million in 2022 and is expected to reach US$ 45,926.87 million by 2030. It is estimated to register a CAGR of 9.9% during 2020-2030.

Procedure trays are preferred on a large scale as they are sterile. The trays are designed to meet the different requirements of various procedures. An increasing number of surgical procedures and rising medical tourism drive the growth of the procedure trays market. Also, the surging demand for customized surgical trays is expected to fuel procedure trays market growth in the coming years.

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Analysis of the Top Market Players:

1. Biometrix
2. Medica Europe BV
3. 3M
4. BD
5. Ownes & Minor Inc
6. Molnlycke Health Care AB
7. Nelipak Corporation
8. Teleflex Incorporated
9. Cardinal Health Inc
10. ICU Medical Inc

In this report, the market has been segmented on the basis of:

Application
• Operating Room
• Angiography
• Ophthalmology

End User
• Hospitals & Clinics
• Ambulatory Surgical Centers

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Surgical procedures that are commonly performed include cataract procedures, cesarean procedures, hip replacement, and angioplasty. The number of surgical procedures is increasing in these regions due to the rising prevalence of various chronic diseases. According to a research by the World Health Organization (WHO), the number of cesarean sections continues to increase worldwide, accounting for more than one in five (21%) births. This number is expected to rise over the coming decade, with almost a third (29%) of all births likely to be by cesarean section by 2030.

Advances in surgical, anesthetic, and critical care techniques have resulted in a greater proportion of the growing elderly population undergoing surgical procedures. According to the US Census Board, about 13% of the total population in the US is over 65 years old, and it is estimated that this percentage will reach 20% by 2030. According to WHO, the world geriatric population is expected to reach 1.5 billion by 2050.

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