Custom Procedure Kits Market Size, Share, Future Growth Insights And Trends By 2026

The global custom procedure kits market size is expected to reach USD 11.2 billion by 2026 at a CAGR of 10.8%, according to a new report by Grand View Research, Inc. Increasing demand for custom procedure kits to save time, and operate efficiently during surgeries is propelling the market growth.

Custom procedure kits provide physicians and healthcare practitioners a single-use option to select required sterile surgical instruments and tools. Furthermore, the preconfigured and prepacked trays & kits eliminate the need to stock individual components in bulk. Hence, prepacked custom procedural solutions help improve the quality of services as they aid in efficient inventory management.

The disposable custom procedure kits market held the largest share in 2018. Due to the increasing incidence of infections, it is important to protect all medical equipment and personnel against the transmission of pathogens. This is particularly crucial in operating theatres, where infection control is a challenging task due to the continuous flow of staff and patients. Hence, there is a high demand for disposable products in the healthcare industry.

The ambulatory surgical centers' segment is anticipated to grow at the fastest CAGR over the forecast period. Growing disease burden coupled with the rapidly aging population is among the major factors driving the growing number of surgeries thereby propelling segment growth. Moreover, various government initiatives are being undertaken to spread awareness about the benefits of surgical treatments such as early mobilization of patients, shortened hospital stay, low risk of hospital-acquired infections, and rapid recovery are expected to propel market growth.

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Custom Procedure Kits Market Report Highlights

• Hospital segment accounted for the largest share in 2018 owing to the increasing number of hospital admission, as a result, medical emergencies and the availability of various surgical procedures that require dedicated surgical facilities.
• North America dominated the market with around 45.0% of the market share in 2018. The presence of local market players and various initiatives undertaken by the government to encourage the use of single-use medical supplies to prevent infections are some of the major factors in the region.
• The Asia Pacific region is projected to witness the fastest growth during the forecast period owing to the increasing patient population and government initiatives to improve healthcare infrastructure in this region
• Market players include Medline Industries, Teleflex Incorporated, Owens & Minor, Inc., Medtronic, Cardinal Health, McKesson Corporation, Smiths Medical, Terumo Cardiovascular Systems Corporation, Santex S.p.A., OneMed, and Mölnlycke Health Care

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Custom Procedure Kits Market Segmentation

Grand View Research has segmented the global custom procedure kits market based on product type, procedure, end-use and region:

Product Type Outlook (Revenue, USD Million, 2015 - 2026)

• Disposable
• Reusable

Procedure Outlook (Revenue, USD Million, 2015 - 2026)

• Bariatric
• Colorectal
• Thoracic
• Orthopedic
• Ophthalmology
• Neurosurgery
• Cardiac Surgery
• Gynecology
• General Surgery
• Urology
• Others

End-use Outlook (Revenue, USD Million, 2015 - 2026)

• Hospitals
• Ambulatory Surgical Centers
• Clinics
• Others

Regional Outlook (Revenue, USD Million, 2015 - 2026)

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Spain
• Italy
• Asia Pacific
• India
• Japan
• China
• Australia
• South Korea
• Latin America
• Brazil
• Mexico
• Argentina
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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