PUBLISHER: The Business Research Company | PRODUCT CODE: 1669531
PUBLISHER: The Business Research Company | PRODUCT CODE: 1669531
Custom procedure kits encompass specially tailored trays that are curated with the necessary supplies essential for performing specific medical procedures. These customized trays can be designed for various specialties, offering a standardized approach that enhances efficiency and convenience across an entire surgical facility.
The primary types of custom procedure kits cater to a range of medical specialties, including colorectal, thoracic, orthopedic, ophthalmology, neurosurgery, cardiac surgery, gynecology, general surgery, urology, and others. Colorectal pertains to diseases affecting the colon and rectum, characterized by abnormal cell growth. These procedure kits comprise both disposable and reusable product types, utilized in diverse healthcare settings such as hospitals, ambulatory surgical centers, clinics, and similar medical facilities. Their purpose is to streamline procedures and ensure that necessary supplies are readily available for specific medical interventions.
The custom procedure kits market research report is one of a series of new reports from The Business Research Company that provides custom procedure kits market statistics, including custom procedure kits industry global market size, regional shares, competitors with a custom procedure kits market share, detailed custom procedure kits market segments, market trends and opportunities, and any further data you may need to thrive in the custom procedure kits industry. This custom procedure kits market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The custom procedure kits market size has grown strongly in recent years. It will grow from $7.85 billion in 2024 to $8.58 billion in 2025 at a compound annual growth rate (CAGR) of 9.2%. The growth in the historic period can be attributed to increasing demand for minimally invasive procedures, the rise of ambulatory surgical centers, the growing aging population, cost-effective healthcare solutions, and the globalization of healthcare
The custom procedure kits market size is expected to see strong growth in the next few years. It will grow to $12.54 billion in 2029 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to a focus on infection control, patient-centric healthcare, increasing emphasis on outpatient care, telemedicine integration, global health crisis preparedness, personalized medicine, and the integration of biocompatible materials. Major trends in the forecast period include technological innovations, advancements in medical technology, sustainable and eco-friendly solutions, integration of augmented reality (AR) and virtual reality (VR), 3d printing in healthcare, and blockchain in supply chain management.
The growth of the custom procedure kit market is anticipated to be propelled by the increasing number of hospital surgery admissions. Hospital surgery admissions involve patients entering medical facilities for surgical interventions to address various illnesses or injuries. This upward trend in hospital admissions for surgeries contributes to the advancement and expansion of custom procedure kits. These kits play a crucial role in streamlining medical staff preparation, ensuring safety, and enhancing reliability. As reported by the National Library of Medicine, a significant global volume of 310 million major surgeries occurs annually, with 40 to 50 million in the United States and 20 million in Europe. With approximately 5-15% of patients readmitted within 30 days, an additional 400,000 major procedures are performed each year, potentially resulting in 12 million annual surgical fatalities worldwide by 2030. Consequently, the surge in hospital surgery admissions serves as a key driver for the growth of the custom procedure kit market.
The rising healthcare expenditure is expected to drive the growth of the custom procedure kits market in the future. Health expenditure, also referred to as health spending, involves the consumption of resources aimed primarily at promoting, restoring, and maintaining health. Increased health spending may lead to a higher demand for custom procedure kits, as healthcare facilities invest in more advanced and specialized medical equipment and supplies to enhance patient care and outcomes. For instance, in March 2022, the 2021-2030 National Health Expenditure (NHE) report published by the Centers for Medicare & Medicaid Services, a U.S. federal agency, projected that national health spending is expected to grow by an average of 5.1% annually between 2021 and 2030, reaching nearly $6.8 trillion. Additionally, it is anticipated that Medicare spending will increase at a rate of 7.2% annually, while Medicaid spending will rise at a 5.6% annual pace during the same period. Therefore, the increasing healthcare expenditure is driving the growth of the custom procedure kits market.
Product innovation is a significant trend gaining traction in the custom procedure kit market. Major companies in this sector are concentrating on product innovations to maintain their market position. For example, in September 2023, Orthofix Medical Inc., a U.S.-based medical device company, launched the Galaxy Fixation Gemini system. This latest addition to the Galaxy product line is a stable external fixation system available in multiple sterile procedure kit configurations, providing a convenient off-the-shelf solution for treating fractures caused by trauma in both lower and upper limbs. The comprehensive nature of these sterile kits eliminates spatial limitations, making them suitable for use in trauma bays or intensive care units-an option that traditional pin-to-bar systems cannot accommodate. By utilizing sterile kits, healthcare facilities can avoid the lengthy sterilization process for trays, which typically takes an average of 139 minutes, thus reducing costs. Additionally, the requirement for tray sterilization often results in increased operating room delays and expenses related to packaging, restocking, and the risk of tray contamination.
A strategy adopted by leading companies in the custom procedure kits market involves the introduction of advanced and customizable solutions, particularly interventional procedural packs. These packs are designed to simplify the procurement process of medical devices required for surgical or therapeutic procedures. They offer advantages such as reduced time for product procurement, minimized inaccuracies, and enhanced infection control. SYNDEO Medical, a Belgium-based developer of custom procedural solution products, exemplifies this approach. In June 2023, SYNDEO Medical launched the SATURN Inflation Device, a cutting-edge platform providing interventional physicians with heightened creativity, adaptability, and selection. Integrated into SYNDEOPack interventional procedure packs, the SATURN Inflation Device offers a holistic solution, combining the advantages of various technologies onto a single platform. The SYNDEOPack, being a customizable solution, includes a combination of devices required for specific procedures, effectively serving as a custom procedure kit. This integration of innovative products showcases the commitment of major companies to advancing solutions in the custom procedure kit market.
In December 2023, PerkinElmer, a U.S.-based company that offers scientific services, solutions, and instruments for laboratories, acquired Covaris for an undisclosed amount. This acquisition will enhance Covaris' growth potential and expand PerkinElmer's life sciences portfolio, enabling it to enter the rapidly growing diagnostics market. Covaris is a U.S.-based provider of custom procedure kits.
Major companies operating in the custom procedure kits market include McKesson Corporation, Cardinal Health Inc., Thermo Fisher Scientific Inc., 3M Company, Medtronic PLC, Medline Industries Inc., Owens & Minor Inc., B. Braun Melsungen AG, Alcon Inc, Terumo Cardiovascular Systems Corporation, Teleflex Incorporated, Paul Hartmann AG, Molnlycke Health Care AB, Smiths Medical International Ltd., Lohmann & Rauscher International GmbH & Co. KG, OneMed Group Oy, Multigate Medical Products Pty Ltd, Pennine Healthcare Limited, Defries Industries Pty Ltd., Priontex SA (Pty) Ltd., Custom Assemblies Inc., ITL Healthcare Pty Ltd, Stradis Healthcare LLC, Unisurge International Limited, Med-Italia Biomedica S.R.L., CPT Medical Inc., STS Medical Group, China Huamei Medical Instrument Co.Ltd., Hubei Zhongbao Protective Products Co. Ltd., Zibo Qichuang Medical Products Co. Ltd.
North America was the largest region in the custom procedure kits market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the custom procedure kits market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the custom procedure kits market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The custom procedure kits market consists of sales of surgical gloves, syringes, cannulas, scalpels, and swabs. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Custom Procedure Kits Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on custom procedure kits market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for custom procedure kits ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The custom procedure kits market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.