The Global Market for Prepackaged Medical Kits and Trays is Projected to Reach US$33 Billion by 2022

Focus on Cost, Time, Handling and Workload Reduction Drives Demand for Prepackaged Medical Kits and Trays, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global Prepackaged Medical Kits and Trays markets. The global market for Prepackaged Medical Kits and Trays is projected to reach US$33 billion by 2022, driven by the growing hospital focus on cost, time, handling and workload reduction and the ensuing trend towards outsourcing of sterilization and packaging of instrument and procedure trays and kits.

Prepackaged medical kits and trays include all dedicated tools and elements specific to a procedure at a single place which ensures easy and quick access to required equipment and hence reduced risk of human error during a procedure. The growth in the market is significantly benefiting from the increase in minimally invasive surgical procedures, especially as a result of the increase in medical procedures conducted at outpatient surgery centers including ambulatory surgical centers. Focus on infection control and prevention and aging population in need of surgical medical interventions also represent other major market forces. A key trend in the market is the growing demand for custom procedure trays (CPT), given the many benefits offered such as reduced operation set up and preparation time, reduced cost of surgeries and operating theater suite, and increased efficiencies. CPTs are also growing as a result of the rise in specialized procedures in ophthalmology, cardiology, orthopedics, plastic surgery, trauma and OB/GYN. Sterile custom procedure packs enable users to minimize assembly and storage costs. Other broad market forces include enforcement of stringent safety regulations and the need to reduce wastages and eliminate the risk of cross-infections.

As stated by the new market research report on Prepackaged Medical Kits and Trays, the United States represents the largest market worldwide. Asia-Pacific ranks as the fastest growing market with a CAGR of 9.9% over the analysis period led by factors such as growing population and a parallel increase in healthcare burden; government focus on healthcare infrastructure development; establishment of new hospitals, clinics and surgery centers; need for advanced instruments and surgical accessories; overwhelming burden on emergency medical service systems in developing Asian countries and the resulting need to reduce emergency response times and increase patient throughput in operation theaters; and rising standards of living, growing disposable income, higher healthcare spending and improved access to affordable healthcare services.       

Major players covered in the report include Angiokard Medizintechnik GmbH, B Braun Melsungen AG, Boston Scientific Corp., C.R. Bard, Inc., Cardinal Health, Covidien plc, Cypress Medical Products, LLC, Kimal, Med-Italia Biomedica SRL, Medline Industries Inc., Mölnlycke Health Care AB, and Rocialle, among others.

The research report titled "Prepackaged Medical Kits and Trays: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, drivers, and strategic industry activities of major companies worldwide. The report provides market estimates and projections in US dollars for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China and Rest of Asia Pacific), Middle East and Latin America. Product segments analyzed in the report include ENT Custom Trays, Ophthalmic Custom Trays, Custom Basin Kits, Custom Ob/Gyn Kits, General Delivery Kits, Hysterectomy Kits, Open Heart Surgery Kits, Angiography/Angioplasty Kits, Orthopedic Kits & Trays, Anesthesia Kits, Blood Gas Kits, Urology Kits, Biopsy Kits, Enema Kits, Laceration Kits, Suture Removal Kits, CVP/TPN Start Kits, I.V. Start Kits, Dressing Kits, Admission Kits, and Other Kits.

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