Global Customized Procedure Tray Market Size Study, By Product, By Packaging, By End User, and Regional Forecasts 2022-2032

Description

The global customized procedure tray (CPT) market is valued at approximately USD 3.89 billion in 2023 and is projected to grow with a healthy growth rate of more than 10.5% over the forecast period 2024-2032. Customized procedure trays are pre-assembled medical trays containing all the necessary instruments required for specific surgeries, aimed at improving operational efficiency, reducing time and costs, and minimizing medical waste. These trays are widely used in infusion-related therapies and surgical procedures, providing significant advantages such as reduced cycle time between operations and increased efficacy mid-surgery. The growing number of surgeries worldwide, coupled with the cost-efficiency of CPTs compared to traditional trays, is driving market growth. Additionally, the COVID-19 pandemic has further amplified the demand for medical supplies, including customized procedure trays, as healthcare facilities strive to manage the surge in patient volume. However, the need for efficient service delivery according to end-user requirements may pose challenges to market expansion. Key trends include significant market share gains in North America and Europe, exponential growth in the Asia-Pacific region, and increasing market traction in the Middle East.

Customized procedure trays offer numerous benefits, including time and cost savings, enhanced logistical efficiencies, and reduced medical waste. Hospitals and healthcare providers are increasingly adopting these trays to streamline surgical processes and improve overall operational efficiency. The capability to commission CPTs without regulatory no-objection certificates further adds to their appeal, making them a preferred choice for healthcare facilities.

The COVID-19 pandemic has significantly impacted the market, leading to an increased demand for medical supplies, including personal protective equipment and respiratory support devices. This surge in demand has provided manufacturers with an opportunity to ensure a continuous supply of essential medical supplies, thereby boosting the customized procedure tray market.

The market is segmented by product into minor procedure trays and surgical procedure trays. By packaging, it includes box, mold, and wrap. The end-user segment comprises hospitals, clinics, ambulatory surgical centers, diagnostic laboratories, and others. Regional insights indicate strong market presence in North America and Europe, with notable growth in Asia-Pacific and the Middle East.

Major market players included in this report are:

3M Company
B. Braun Melsungen AG
Becton, Dickinson and Company
Cardinal Health, Inc.
ConvaTec Group Plc
Johnson & Johnson
Medline Industries, Inc.
Medtronic plc
Molnlycke Health Care AB
Owens & Minor, Inc.
Stryker Corporation
Teleflex Incorporated
Terumo Corporation
Thermo Fisher Scientific Inc.
Smith & Nephew plc

The detailed segments and sub-segment of the market are explained below:

By Product

Minor Procedure Trays
Surgical Procedure Trays

By Packaging

Box
Mold
Wrap

By End User

Hospitals
Clinics
Ambulatory Surgical Centers
Diagnostic Laboratories
Others
Common content for 'Report Description'

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
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Customized Procedure Tray Market Executive Summary

1.1. Global Customized Procedure Tray Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Packaging
- 1.3.3. By End User
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Customized Procedure Tray Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Customized Procedure Tray Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Number of Surgeries
- 3.1.2. Cost Efficiency of CPTs
- 3.1.3. Enhanced Logistical Efficiencies
- 3.1.4. Reduction in Medical Waste
3.2. Market Challenges
- 3.2.1. Efficient Service Delivery
3.3. Market Opportunities
- 3.3.1. Adoption in Emerging Markets
- 3.3.2. Integration with Advanced Technologies

Chapter 4. Global Customized Procedure Tray Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Customized Procedure Tray Market Size & Forecasts by Product 2022-2032

5.1. Segment Dashboard
5.2. Global Customized Procedure Tray Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Minor Procedure Trays
- 5.2.2. Surgical Procedure Trays

Chapter 6. Global Customized Procedure Tray Market Size & Forecasts by Packaging 2022-2032

6.1. Segment Dashboard
6.2. Global Customized Procedure Tray Market: Packaging Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Box
- 6.2.2. Mold
- 6.2.3. Wrap

Chapter 7. Global Customized Procedure Tray Market Size & Forecasts by End User 2022-2032

7.1. Segment Dashboard
7.2. Global Customized Procedure Tray Market: End User Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Hospitals
- 7.2.2. Clinics
- 7.2.3. Ambulatory Surgical Centers
- 7.2.4. Diagnostic Laboratories
- 7.2.5. Others

Chapter 8. Global Customized Procedure Tray Market Size & Forecasts by Region 2022-2032

8.1. North America Customized Procedure Tray Market
- 8.1.1. U.S. Customized Procedure Tray Market
  - 8.1.1.1. Product breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Packaging breakdown size & forecasts, 2022-2032
  - 8.1.1.3. End User breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Customized Procedure Tray Market
8.2. Europe Customized Procedure Tray Market
- 8.2.1. U.K. Customized Procedure Tray Market
- 8.2.2. Germany Customized Procedure Tray Market
- 8.2.3. France Customized Procedure Tray Market
- 8.2.4. Spain Customized Procedure Tray Market
- 8.2.5. Italy Customized Procedure Tray Market
- 8.2.6. Rest of Europe Customized Procedure Tray Market
8.3. Asia-Pacific Customized Procedure Tray Market
- 8.3.1. China Customized Procedure Tray Market
- 8.3.2. India Customized Procedure Tray Market
- 8.3.3. Japan Customized Procedure Tray Market
- 8.3.4. Australia Customized Procedure Tray Market
- 8.3.5. South Korea Customized Procedure Tray Market
- 8.3.6. Rest of Asia Pacific Customized Procedure Tray Market
8.4. Latin America Customized Procedure Tray Market
- 8.4.1. Brazil Customized Procedure Tray Market
- 8.4.2. Mexico Customized Procedure Tray Market
- 8.4.3. Rest of Latin America Customized Procedure Tray Market
8.5. Middle East & Africa Customized Procedure Tray Market
- 8.5.1. Saudi Arabia Customized Procedure Tray Market
- 8.5.2. South Africa Customized Procedure Tray Market
- 8.5.3. Rest of Middle East & Africa Customized Procedure Tray Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. 3M Company
- 9.1.2. B. Braun Melsungen AG
- 9.1.3. Becton, Dickinson and Company
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Cardinal Health, Inc.
- 9.3.2. ConvaTec Group Plc
- 9.3.3. Johnson & Johnson
- 9.3.4. Medline Industries, Inc.
- 9.3.5. Medtronic plc
- 9.3.6. Molnlycke Health Care AB
- 9.3.7. Owens & Minor, Inc.
- 9.3.8. Stryker Corporation
- 9.3.9. Teleflex Incorporated
- 9.3.10. Terumo Corporation
- 9.3.11. Thermo Fisher Scientific Inc.
- 9.3.12. Smith & Nephew plc

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes