Press release
Custom Procedure Trays and Packs Market 2025 Sales Overview, Opportunities, Demands, Market Share and Growth Analysis
Custom procedure trays and packs (CPTP) are selection of components ranging from sutures, surgical swabs, wound dressings, drapes, and surgical blades to cardiac catheters and implants, providing healthcare providers to work more efficiently to deliver high quality healthcare and potentially leaving patients less exposed to hospital associated infections.
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Custom procedure packs can also reduce the amount of waste generated by units. The Kingston Hospital study saw the number of clinical waste bags reduce by 50% in 2015. Furthermore, an initiative in The Royal Liverpool and Broadgreen University Hospitals found that utilising procedure packs allowed them to eliminate one bag of rubbish per procedure.
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.
Manufactures are adopting various strategies over tendering process and e-auctioning practices, as tendering process and e-auctioning practices is very common in this market to procure the products from those manufacturers that offers at low prices. Such strategies include, the stripping down of non-essential components of CPTP. Companies are looking forward for in-house manufacturing of CPTP components, rather than sourcing them from other OEMs, this strategy, together with the move to reduce packaging costs and expand distribution structure with stocking capabilities, will guarantee strong revenue growth for market participants. For instance, in 2017, Molnlycke Health Care built a new state-of-the-art procedure tray factory with in-house sterilisation in Europe which expands their production capacity and ability to provide a game-changing level of procedure tray service.
Custom Procedure Trays and Packs Market- Regional Analysis
Custom procedure trays and packs market is segmented into six major regions- North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Rising healthcare awareness levels and government initiatives to lay down the sterility condition in the hospitals is a major factor driving growth of the custom procedure trays and packs market in North America and Europe region.
The Government of United Kingdom has formed a 'Trust infection control committee' in 2016, which has formulated specific standards for the degree of sterility to be adhered to inside an operation theatre. The committee has also laid down specifications to prevent infection in other minimally invasive procedures like ophthalmic procedures, which would require minimum downtime. Usage of prepacked, sterilized kits would greatly contribute to the reduction of any nosocomial and iatrogenic infections.
The Asia Pacific is estimated to witness significant growth in custom procedure trays and packs market, owing to increasing number of small companies, increased expenditure on healthcare and growing medical tourism for surgeries.
Custom Procedure Trays and Packs Market - Competitive Landscape
The market is highly fragmented, with a large number of participants in the CPT business. The increased need for convenience, speed of operations and more efficient hospital management are driving the customer demand.
A number of companies are expected to enter this market in the future, with the likelihood of merger and acquisition activity over the next five years being extremely high. For instance, in 2017, Medline make a deal to acquire Centurion Medical Products, containing full set of vascular access products that complement its minor procedure tray offerings and its growing infection prevention focus.
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
Request For Customization @ https://www.coherentmarketinsights.com/insight/request-customization/1959
Detailed Segmentation:
Global Custom Procedure Trays and Packs Market, By Product Type:
Ophthalmic Procedure Kits,Angiography Procedure Kits,Anaesthesia Procedure Kits,Operating Room Procedure Kits,Other Procedure Kits
Global Custom Procedure Trays and Packs Market, By End User:
Hospitals,Clinics,Ambulatory Surgical Centers
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.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Download PDF Brochure Of This Research Report @ https://www.coherentmarketinsights.com/insight/request-pdf/1959
Custom procedure packs can also reduce the amount of waste generated by units. The Kingston Hospital study saw the number of clinical waste bags reduce by 50% in 2015. Furthermore, an initiative in The Royal Liverpool and Broadgreen University Hospitals found that utilising procedure packs allowed them to eliminate one bag of rubbish per procedure.
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.
Manufactures are adopting various strategies over tendering process and e-auctioning practices, as tendering process and e-auctioning practices is very common in this market to procure the products from those manufacturers that offers at low prices. Such strategies include, the stripping down of non-essential components of CPTP. Companies are looking forward for in-house manufacturing of CPTP components, rather than sourcing them from other OEMs, this strategy, together with the move to reduce packaging costs and expand distribution structure with stocking capabilities, will guarantee strong revenue growth for market participants. For instance, in 2017, Molnlycke Health Care built a new state-of-the-art procedure tray factory with in-house sterilisation in Europe which expands their production capacity and ability to provide a game-changing level of procedure tray service.
Custom Procedure Trays and Packs Market- Regional Analysis
Custom procedure trays and packs market is segmented into six major regions- North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Rising healthcare awareness levels and government initiatives to lay down the sterility condition in the hospitals is a major factor driving growth of the custom procedure trays and packs market in North America and Europe region.
The Government of United Kingdom has formed a 'Trust infection control committee' in 2016, which has formulated specific standards for the degree of sterility to be adhered to inside an operation theatre. The committee has also laid down specifications to prevent infection in other minimally invasive procedures like ophthalmic procedures, which would require minimum downtime. Usage of prepacked, sterilized kits would greatly contribute to the reduction of any nosocomial and iatrogenic infections.
The Asia Pacific is estimated to witness significant growth in custom procedure trays and packs market, owing to increasing number of small companies, increased expenditure on healthcare and growing medical tourism for surgeries.
Custom Procedure Trays and Packs Market - Competitive Landscape
The market is highly fragmented, with a large number of participants in the CPT business. The increased need for convenience, speed of operations and more efficient hospital management are driving the customer demand.
A number of companies are expected to enter this market in the future, with the likelihood of merger and acquisition activity over the next five years being extremely high. For instance, in 2017, Medline make a deal to acquire Centurion Medical Products, containing full set of vascular access products that complement its minor procedure tray offerings and its growing infection prevention focus.
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
Request For Customization @ https://www.coherentmarketinsights.com/insight/request-customization/1959
Detailed Segmentation:
Global Custom Procedure Trays and Packs Market, By Product Type:
Ophthalmic Procedure Kits,Angiography Procedure Kits,Anaesthesia Procedure Kits,Operating Room Procedure Kits,Other Procedure Kits
Global Custom Procedure Trays and Packs Market, By End User:
Hospitals,Clinics,Ambulatory Surgical Centers
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.
Contact Us:
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
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