Procedure Trays Market

Plastic Optic Fiber Market Report Thumbnail

Procedure Trays Market by Product (Angiography, Operating Room, Ophthalmology, and Others), by Packaging (Box, Mold, and Wrap), and by End User (Hospitals, Clinics, and Ambulatory Surgical Centers) – Global Opportunity Analysis and Industry Forecast, 2024–2030

  • Facebook
  • Linkedin
  • Whatsapp

Market Definition

The global Procedure Trays Market size was valued at USD 21.18 billion in 2023, and is predicted to reach USD 43.97 billion by 2030, with a CAGR of 11.0% from 2024 to 2030. The procedure trays refer to the tray containing medical procedure items such as surgical blades, stitches, lesion dressing, heart catheters, surgical wipes, implants, and surgical drapes used in the healthcare sector. It holds a range of disposable items needed during several healthcare procedures, making surgical intervention management easier.

The use of procedure trays offers various beneficial advantages, such as increasing patients’ safety, helping to reduce the amount of packaging material used in packing individual instruments, and lowering the cost of medical equipment, as buying a set of procedure trays is cheaper than personal medical supplies. In addition, procedure trays produce less waste and allow more procedures to be accomplished in less time.

Market Dynamics and Trends

The increasing prevalence of chronic diseases such as cancer, chronic liver disease, and cardiovascular diseases that rely on surgical procedures is driving the growth of the procedure trays market. As per data from the American Cancer Society, in 2022, approximately 1.9 million new cases of cancer were reported, and the U.S. witnessed 609,360 cancer-related fatalities.

Moreover, the rising emphasis on infection control and patient safety in healthcare facilities is another significant market driver for the procedure trays market. Hospitals and surgical centers are increasingly adopting stringent protocols to reduce the risk of healthcare-associated infections (HAIs). As a result, the demand for sterile and disposable procedure trays has surged, as they play a crucial role in maintaining aseptic conditions during medical procedures.

According to the Centers for Disease Control and Prevention (CDC), HAIs affect millions of patients yearly, making infection prevention a top priority in healthcare settings. This heightened focus on infection control is fueling the growth of the procedure trays market as healthcare providers seek reliable and efficient solutions to safeguard patients and reduce healthcare costs associated with infections.

However, the lack of standardization in procedure trays that leads to increased product and labor costs is expected to restrain the growth of the procedure trays market. On the other hand, technological advancements in procedure trays such as single procedure trays and custom trays that come with sterile pre-packed instruments and reduce the risk of infections are expected to create ample opportunities for the market in the coming years.

 

Market Segmentations and Scope of the Study

The procedure trays market share is segmented based on product, packaging, end user, and geography. Based on product, the market is segmented into angiography, operating room, ophthalmology, and others. Based on packaging, the market is separated into box, mold, and wrap.

On basis of end user, the market is divided into hospitals, clinics, and ambulatory surgical centers. The geographic breakdown and analysis of each of the aforesaid segments include regions, such as North America, Europe, Asia-Pacific, and the rest of the world (RoW).

 

Geographical Analysis

North America maintains its dominant position in the procedure trays market, and is projected to sustain this leadership throughout the forecast period. This commanding presence is primarily attributed to the proliferation of ambulatory surgery centers in the region. These modern medical facilities offer same-day surgical care and extensively utilize customized surgical procedure trays to contain disposable items during healthcare procedures. According to the data from the New York State Department of Health, there are approximately 34 such clinics in New York alone, showcasing the robust growth of ambulatory surgery centers in the region.

Furthermore, the increasing incidence of breast biopsy procedures is significantly boosting the adoption of biopsy trays during surgeries. This, in turn, drives the growth of the market. According to the National Breast Cancer Foundation, in 2023, an estimated 297,790 women and 2,800 men will be diagnosed with invasive breast cancer in the U.S. This substantial rise in breast cancer cases underscores the growing demand for procedure trays in the North American market. This is due to their pivotal role in maintaining the safety and efficacy of medical procedures, particularly those related to breast health. Consequently, the expanding prevalence of breast cancer is poised to drive the growth in the procedure tray market within the region.

On the other hand, the Asia-Pacific region is poised to exhibit a consistent upward trajectory in the procedure trays market, driven by the growing number of laparoscopic surgeries in the region. The increasing popularity of procedure trays among surgeons has become instrumental in maintaining the efficiency and sterility of laparoscopic procedures.

Furthermore, the growing demand for procedure trays in the context of surgical interventions has been spurred by the high prevalence of chronic diseases such as cancer and heart diseases in China, India, and Japan. Consequently, surgeons across the region increasingly rely on procedure trays to transport surgical equipment, thus fostering significant expansion in the procedure trays market.

For instance, as of April 2020, the National Library of Medicine reported that nearly 80% of deaths in China among individuals aged 60 and above were attributed to chronic diseases, such as ischemic heart disease, stroke, and chronic obstructive pulmonary diseases. As chronic diseases continue to afflict a substantial portion of the population, the demand for procedure trays in Asia-Pacific is expected to experience robust growth, reflecting their vital role in facilitating surgical procedures and maintaining patient safety. 

 

Competitive Landscape

Various market players operating in the procedure trays industry include Molnlycke Health Care AB, Owens & Minor, Inc., Merit Medical Systems, Inc., Cardinal Health, Inc., Becton, Dickinson and Company (BD), Teleflex Incorporated, B. Braun SE, 3M Company, Medline Industries, Inc., and Whitney Medical Solutions, among others.

These market players continue to adopt various market development strategies including new launches to maintain their dominance in the procedure trays market. For instance, in June 2022, Whitney Medical Solutions launched an isolation room solution named Iso Tray. The Iso-tray acts as a single-use procedure tray for lowering the infection risk and cross-contamination during complex clinical procedures.

Also, in April 2022, Merit Medical System, Inc. launched a new product called the Resolve Thoracostomy tray. This tray contains all the products needed for performing a thoracostomy, which includes a minimally invasive technique to enable patients to avoid open surgeries for draining fluids and air from the chest.

Key Benefits

  • The report provides a quantitative analysis and estimations of the procedure trays market from 2024 to 2030, which assists in identifying the prevailing market opportunities.

  • The study comprises a deep dive analysis of the current and future procedure trays market trends to depict prevalent investment pockets in the market.

  • Information related to the key drivers, restraints, and opportunities and their impact on the procedure trays market is provided in the report. 

  • Competitive analysis of the players, along with their market share is provided in the report.

  • A SWOT analysis and the Porter's Five Forces model is elaborated on in the study.

  • Value chain analysis in the market study provides a clear picture of the stakeholders' roles.

Procedure Trays Market Key Segments

By Product

  • Angiography

  • Operating Room

  • Ophthalmology

  • Others

By Packaging

  • Box

  • Mold

  • Wrap

By End-User

  • Hospitals

  • Clinics

  • Ambulatory Surgical Centers

By Region

  • North America

    • U.S

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France    

    • Italy

    • Spain

    • Denmark

    • Netherlands

    • Finland

    • Sweden

    • Norway

    • Russia

    • Rest of Europe

  • Asia-Pacific

    • China

    • Japan

    • India

    • South Korea

    • Australia

    • Indonesia

    • Singapore

    • Taiwan

    • Thailand

    • Rest of Asia-Pacific

  • RoW

    • Latin America

    • Middle East

    • Africa

Key Players

  • Molnlycke Health Care AB

  • Owens & Minor, Inc.

  • Merit Medical Systems, Inc.

  • Cardinal Health, Inc.

  • Becton, Dickinson and Company (BD)

  • Teleflex Incorporated

  • B. Braun SE

  • 3M Company

  • Medline Industries, Inc.

  • Whitney Medical Solutions

REPORT SCOPE AND SEGMENTATION:

Parameters

Details

Market Size in 2023

USD 21.18 Billion

Revenue Forecast in 2030

USD 43.97 Billion

Growth Rate

CAGR of 11.0% from 2023 to 2030

Analysis Period

2023–2030

Base Year Considered

2023

Forecast Period

2024–2030

Market Size Estimation

Billion (USD)

Growth Factors

The Increasing number of surgical procedures performed worldwide.

The rising emphasis on infection control and patient safety in healthcare facilities.

Countries Covered

28

Companies Profiled

10

Market Share

Available for 10 companies

Customization Scope

Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs.

Bar chart Pie chart Pie chart

Download Free Sample

Please Enter Full Name

Please Enter Valid Email ID

Please enter Country Code and Phone No

Please enter message

Frequently Asked Questions

According to the report published by Next Move Strategy Consulting, the global procedure trays market is expected to hit USD 43.97 billion by 2030.

The leading companies operating in the procedure trays market includes Molnlycke Health Care AB, Owens & Minor, Inc., Merit Medical Systems, Inc., Cardinal Health, Inc., Becton, Dickinson and Company (BD), Teleflex Incorporated, B. Braun SE, 3M Company, Medline Industries, Inc., Whitney Medical Solutions and among others.

Yes, procedure trays are suitable for a wide range of healthcare settings, including outpatient clinics and ambulatory surgical centers.

North America region currently holds the dominant share in the global procedure trays market.

Yes, procedure trays can be customized to meet the specific requirements of different medical procedures, ensuring that the right instruments and supplies are readily available.
popular
$4,975
$3,975
$6,975
$2,975

This website uses cookies to ensure you get the best experience on our website. Learn more