Global Custom Procedure Kits Market Size
Medical Equipment

Comprehensive Analysis On Size, Share, And Drivers Of The Custom Procedure Kits Market

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According to The Business Research Company’s 2023 report, the global custom procedure kits market is projected to increase from $6.62 billion in 2022 to $7.31 billion in 2023, with a 10.5% CAGR, and is anticipated to reach $10.45 billion in 2027 at a 9.3% CAGR.

What was the major driver in the custom procedure kits market?
The increasing number of hospital surgery admissions is set to boost the custom procedure kit market’s growth. These admissions involve surgeries for treating illnesses or injuries in humans or animals. They promote the development of custom procedure kits, reducing medical staff preparation time and ensuring safety. For example, the US National Library of Medicine reported 310 million annual major surgeries worldwide, with 40 to 50 million in the US and 20 million in Europe. This also results in readmissions for 5-15% of patients within 30 days. An additional 400,000 major procedures occur each year, potentially leading to 12 million annual surgical fatalities worldwide by 2030, further emphasizing the market’s growth driven by increased hospital surgery admissions.

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What was the key trend in the custom procedure kits market?
Innovative product development is a prominent trend in the custom procedure kit market, where major companies aim to maintain their market positions. In April 2021, UK-based Synertech Ltd., a medical device company, introduced a single-use sterile dural repair procedure pack, designed for ambulatory surgery centers and hospitals. This convenient kit includes a pair of 7-inch micro needle holders with lock forceps, 7-inch micro scissors for discectomy, and a 6.0-inch polypropylene suture with a round body and a 12-inch needle.

Which was the largest region in the custom procedure kits market?
North America was the largest region in the custom procedure kits market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in custom procedure kits report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the custom procedure kits market prominent players?
Major players in the custom procedure kits market are 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., and Zibo Qichuang Medical Products Co. Ltd.

Key custom procedure kits market segments
The global custom procedure kits market 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

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The Custom Procedure Kits Global Market Report 2023  provides a comprehensive overview on the custom procedure kits market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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