Procedure Trays Market Trends and Segments Forecast To 2028
The global procedure trays market size was valued at USD 10.14 billion in 2021 and is poised to grow at a significant CAGR of 11.2% during the forecast period 2022-28. Several hospital procedures need the use of procedure trays. These trays hold a variety of disposable goods that are required during a process. Procedure trays provide the user with a variety of single-use components, making surgical intervention management more convenient. The components in the process trays vary depending on the technique. The use of these trays results in less waste and more procedures completed in less time. Custom procedure trays are useful since they contain all of the sterile devices, disposable materials, and tools needed for specific operations. Individual components are no longer required to be stored in bulk when pre-packed or custom procedure trays are used.
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The market is benefiting from an increase in the number of surgeries performed around the world. Furthermore, governments all over the world are promoting the use of single-use sterile devices to prevent infections. As a result, one of the primary trends fuelling market expansion is this. The demand for enhanced logistics and inventory management is developing in tandem with the expanding number of surgical procedures. Owing to the significant risk of infection associated with invasive surgeries, patients are increasingly opting for non-invasive and minimally invasive procedures. Infectious illness prevention and control are aided by the use of pre-packaged kits. The government of the United Kingdom has published strict standards on the level of sterility that must be maintained in operating rooms. Non-invasive operations, in addition to the increased risk of infection, need shorter hospital stays, saving time and money.
The global procedure trays market segmentation:
1) By Product: Operating Room, Angiography, Ophthalmology and Others.
2) By End User (Hospitals and Clinics & Other Healthcare Facilities
By Product (Operating Room, Angiography, Ophthalmology and Others), By End User (Hospitals and Clinics & Other Healthcare Facilities
Pacific, respectively. Asia Pacific is predicted to experience the fastest growth due to rapidly expanding medical infrastructure, increased healthcare spending, and growing medical tourism in developing countries like China and India. Because of the rise in cardiovascular disorders, Europe is expected to have a substantial level of development in the procedure trays market. Furthermore, rising per capita income and rising healthcare costs are expected to fuel the expansion of the procedure trays market in the region over the next few years.
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Some of the major key players in the Procedure Trays Market are Baxter International, Boston Scientific Corp., Cardinal Health, CareFusion Corp., Covidien AG, R. Bard Inc., Ecolab Inc.
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