Custom Procedure Kits Market Poised for 10 % Growth, Set to Hit $12.54 Billion by 2029

What industry-specific factors are fueling the growth of the custom procedure kits market?
The expected increase in hospital surgical admissions is set to accelerate the expansion of the custom procedure kit market. When patients are admitted to hospital for surgical procedures to cure diseases or repair injuries in both humans and animals, this boosts the growth of custom procedure kit market. These kits enhance the efficiency of healthcare workers by minimizing preparation time and providing a secure and dependable solution. For example, data from the United States National Library of Medicine reports that globally, 310 million major surgeries occur annually with 40-50 million in the United States and 20 million in Europe. Within a month, 5-15% of these patients will be readmitted. Moreover, each year sees an extra 400,000 vital procedures that, by 2030, may result in annual worldwide surgery-related deaths reaching 12 million. Hence, the growth of the custom procedure kit market is fueled by the increasing admission rates for hospital surgeries.

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What Is the projected market size and growth rate for the custom procedure kits market?
There has been a robust increase in the size of the custom procedure kits market in the past few years. It's projected to expand from $7.85 billion in 2024 to $8.58 billion in 2025, representing a compound annual growth rate (CAGR) of 9.2%. Factors contributing to growth during the historic period include a surge in demand for minimally invasive processes, an increase in ambulatory surgical centers, an aging population, affordable healthcare options, and healthcare globalization.

The market size of custom procedure kits is anticipated to experience robust growth in the coming years. The market is projected to expand to $12.54 billion by 2029, with a compound annual growth rate (CAGR) of 10.0%. The expansion during the forecast period is linked to factors such as the emphasis on infection control, patient-centric healthcare, the growing attention on outpatient care, the merging of telemedicine, readiness for global health crises, individualized medicine and the incorporation of biocompatible materials. Key trends for the forecast period encompass technological breakthroughs, progress in medical technology, sustainable and eco-conscious solutions, augmented reality (AR) and virtual reality (VR) incorporation, the use of 3D printing in healthcare, and the implementation of blockchain in supply chain management.

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What are the most significant trends transforming the custom procedure kits market today?
The trend of product innovation is becoming increasingly prevalent in the customs procedure kit market. Major players in this market are heavily investing in product innovation as a strategy to maintain their market standing. For instance, in September 2023, Orthofix Medical Inc., an American medical device firm, introduced the Galaxy Fixation Gemini system to their product range. This robust external fixation system can be found in an array of sterile procedure kit assortments and offers a readily available solution for managing trauma-related fractures in both upper and lower extremities. The all-inclusive aspect of these sterile kits eliminates space restrictions, making them ideal for use in emergency rooms or intensive care units, a flexibility that traditional pin-to-bar systems lack. By adopting sterile procedure kits, healthcare facilities can bypass the time-consuming sterilization process for trays, which usually takes around 139 minutes on average, consequently reducing expenses. Moreover, the demand for tray sterilization often results in elevated operational room delays and costs linked to packaging, restocking, and possible tray contamination.

What major market segments define the scope and growth of the custom procedure kits market?
The custom procedure kits market covered in this report is segmented -

1) By Procedure: Colorectal, Thoracic, Orthopedic, Ophthalmology, Neurosurgery, Cardiac Surgery, Gynecology, General Surgery, Urology, Other Procedures
2) By Product: Disposable, Reusable
3) By End-User: Hospitals, Ambulatory Surgical Centers, Clinics, Other End Users

Subsegments:
1) By Colorectal: Colon Resection Kits, Anorectal Surgery Kits
2) By Thoracic: Lung Resection Kits, Thoracotomy Kits
3) By Orthopedic: Joint Replacement Kits, Fracture Fixation Kits
4) By Ophthalmology: Cataract Surgery Kits, Retinal Surgery Kits
5) By Neurosurgery: Cranial Surgery Kits, Spinal Surgery Kits
6) By Cardiac Surgery: Coronary Artery Bypass Kits, Valve Replacement Kits
7) By Gynecology: Hysterectomy Kits, Endometrial Ablation Kits
8) By General Surgery: Laparotomy Kits, Hernia Repair Kits
9) By Urology: Cystectomy Kits, Nephrectomy Kits
10) By Other Procedures: Custom Kits For Various Specialized Surgeries

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Which region dominates the custom procedure kits market?
North America was the largest region in the custom procedure kits market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the custom procedure kits market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Which key market leaders are driving the custom procedure kits industry growth?
Major companies operating in the custom procedure kits market include McKesson Corporation, Cardinal Health Inc., Thermo Fisher Scientific Inc., 3M Company, Medtronic PLC, Medline Industries Inc., Owens & Minor Inc., B. Braun Melsungen AG, Alcon Inc, Terumo Cardiovascular Systems Corporation, Teleflex Incorporated, Paul Hartmann AG, Mölnlycke Health Care AB, Smiths Medical International Ltd., Lohmann & Rauscher International GmbH & Co. KG, OneMed Group Oy, Multigate Medical Products Pty Ltd, Pennine Healthcare Limited, Defries Industries Pty Ltd., Priontex SA (Pty) Ltd., Custom Assemblies Inc., ITL Healthcare Pty Ltd, Stradis Healthcare LLC, Unisurge International Limited, Med-Italia Biomedica S.R.L., CPT Medical Inc., STS Medical Group, China Huamei Medical Instrument Co.Ltd., Hubei Zhongbao Protective Products Co. Ltd., Zibo Qichuang Medical Products Co. Ltd.

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What Is Covered In The Custom Procedure Kits Global Market Report?

• Market Size Forecast: Examine the custom procedure kits market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the custom procedure kits market for a structured understanding.
• Key Players Overview: Analyze major players in the custom procedure kits market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the custom procedure kits market.
• Segment Contributions: Evaluate how different segments drive overall growth in the custom procedure kits market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the custom procedure kits market.
• Industry Challenges: Identify potential risks and obstacles affecting the custom procedure kits market.
• Competitive Landscape: Review strategic developments in the custom procedure kits market, including expansions, agreements, and new product launches.

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