Global Custom Procedure Kits Market is valued approximately USD 6.67 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 10.95% over the forecast period 2023-2030. The Custom Procedure Kits Market refers to the segment of the healthcare industry that involves the manufacturing, distribution, and utilization of custom-designed procedure kits for medical procedures. These kits are pre-packaged sets of medical devices, instruments, and supplies that are tailored to meet the specific requirements of a particular medical procedure or surgical intervention.
The major driving factors for the Global Custom Procedure Kits Market are increasing demand for personalized healthcare and rising number of surgical procedures. Moreover, growing healthcare infrastructure and increasing awareness and education is creating lucrative growth opportunity for the market over the forecast period 2023-2030.
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Medical procedures often prompt individuals to travel to other countries in search of better care at lower costs, and one popular option for medical tourism is cosmetic surgery. According to a CNN health news article from February 2020, undergoing surgery overseas can save individuals between 40% and 80% of the total cost. Among the top destinations for cosmetic surgery seekers are Brazil, Japan, Italy, Mexico, Russia, India, Turkey, Germany, and France. These countries offer a range of options for individuals looking for affordable cosmetic procedures while maintaining high standards of quality and safety. However, the high cost of Custom Procedure Kits stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Custom Procedure Kits Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The North American market for custom procedure kits dominating due to the presence of a well-established healthcare infrastructure, high healthcare spending, and the adoption of advanced medical technologies. The United States and Canada are the key contributors to the market in this region. The Asia Pacific region is experiencing rapid growth in the custom procedure kits market. Countries like China, Japan, India, and South Korea are witnessing significant market growth due to the expanding healthcare infrastructure, growing medical tourism, and increasing awareness about infection control measures. Additionally, the rising geriatric population and the prevalence of chronic diseases are boosting the demand for custom procedure kits.
Major market players included in this report are:
Molnlycke Health Care
Medline Industries
Teleflex Incorporated
Owens & Minor
Medtronic
Cardinal Health
McKesson Corporation
Smith’s Medical (ICU Medical, Inc.)
Terumo Cardiovascular Systems Corporation
Santex S.p.A.
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Recent Developments in the Market:
In December 2022, Medline Industries made a generous donation of medical supplies to the citizens of Ukraine through the European Commission’s rescEU program. The company’s contribution to the Ukrainian government consisted of 59 pallets, containing 14 tonnes of essential medical supplies. These supplies included delivery kits, oxygen therapy equipment, scrub suits, as well as scalpels and sutures.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Disposable
Reusable
By Procedure:
Colorectal
Thoracic
Orthopedic
Ophthalmology
Neurosurgery
Cardiac Surgery
Gynecology
General Surgery
Urology
Others
By End-user:
Hospitals
Ambulatory Surgical Centers
Clinics
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
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