How is the Minor Procedure Kits And Trays Market Poised for Growth: Trends and Opportunities Through 2034
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What key factors are powering the surge in the minor procedure kits and trays market right now?
The minor procedure kits and trays market has expanded rapidly, reaching $7.03 billion in 2024 and projected to grow to $7.82 billion in 2025, at a CAGR of 11.3%. Growth has been driven by rising outpatient surgery demand, the expansion of ambulatory surgical centers, increasing awareness of infection control, stringent government regulations, and an aging population.
How fast Is the minor procedure kits and trays market expected to grow, and what’s its future value?
The minor procedure kits and trays market is set for rapid expansion, expected to grow to $11.9 billion by 2029 at a CAGR of 11.0%, driven by increasing healthcare spending, rising outpatient procedures, heightened infection control awareness, hospital cost-efficiency needs, and ambulatory surgical center growth. Major trends include advancements in sterilization, RFID and QR code technology adoption, single-use innovations, compact designs, and rising demand for customized kits.
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What are the leading drivers of growth in the minor procedure kits and trays market?
The growing need for minimally invasive procedures is expected to push the minor procedure kits and trays market forward. Minimally invasive procedures involve smaller incisions, leading to quicker recovery and lower complication risks compared to traditional surgery. These procedures are increasingly preferred due to their benefits in recovery time, safety, and patient outcomes. Minor procedure kits and trays simplify these procedures by providing pre-assembled, sterile tools. For instance, the American Society of Plastic Surgeons reported an increase of 7% in minimally invasive cosmetic surgeries in the U.S. from 2022 to 2023. Therefore, the rising demand for minimally invasive procedures is driving the minor procedure kits and trays market.
What are the key segments defining the minor procedure kits and trays market?
The minor procedure kits and traysmarket covered in this report is segmented –
1) By Type: Disposable Type, Non-Disposable Type
2) By Material: Polypropylene, Polyethylene, Stainless Steel, Aluminum
3) By Procedure Type: Suturing, Wound Care, Biopsy, Injections, Minor Surgeries
4) By Sterility: Sterile, Non-Sterile
5) By Application: General Practice, Emergency Room, Urgent Care, Ambulatory Surgery, Home Care
Subsegments:
1) By Disposable Type: Single-Use Minor Procedure Kits, Pre-Packaged Disposable Trays, Sterile Disposable Kits
2) By Non-Disposable Type: Reusable Minor Procedure Kits, Customizable Non-Disposable Trays, Sterilizable Non-Disposable Kits
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Who are the key players steering the development of the minor procedure kits and trays market?
Major companies operating in the minor procedure kits and trays market are Cardinal Health Inc., Johnson & Johnson Services Inc., 3M Company, Medtronic PLC, Becton Dickinson and Company (BD), Stryker Corporation, Henry Schein Inc., Owens & Minor Inc., B. Braun Melsungen AG, Smith & Nephew plc, Steris plc, Teleflex Incorporated, Hartmann Group, Mölnlycke Health Care AB, Halyard Health Inc., Integra LifeSciences Corporation, Aspen Surgical Products Inc., Bioseal LLC, ITL Health Group, Bluekit Medical LLC, QuickMedical
What emerging trends are influencing the growth of the minor procedure kits and trays market?
Significant players in the minor procedure kits and trays market are shifting their focus towards creating innovative products, particularly those utilizing sustainable materials to lessen the environmental impact, specifically plastic waste and CO2e emissions from numerous surgical procedures. These sustainable materials are created, consumed, and disposed of in a manner that aims to limit environmental harm and conserve resources for future populations. To illustrate, NewGen Surgical Inc., a medical devices and surgical products organization based in the U.S., launched Bio-Based Surgical Compartment Trays in February 2023. They’re engineered as a substitute for disposable plastics utilized in surgeries, proposing an eco-friendly solution that minimizes plastic waste and CO2e emissions. These hold immense importance due to their potential in yielding significant reductions in environmental harm, majorly in large-scale ophthalmology procedures. Their commitment to sustainability is validated by their USDA BioPreferred Certification.
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Which regions are most influential in expanding the minor procedure kits and trays market?
North America was the largest region in the minor procedure kits and trays market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the minor procedure kits and trays market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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