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US and EU-5 Custom Procedure Tray Market, Forecast to 2024

  • ID: 5090349
  • Report
  • May 2020
  • Region: United States
  • 100 Pages
  • Frost & Sullivan
Healthcare Systems Benefit from Standardization and Efficiency

FEATURED COMPANIES

  • Cardinal Health
  • Medline
  • Mölnlycke
  • Owens & Minor

Escalating healthcare costs and longer patient wait lists have put pressure on healthcare facilities to reduce operational expenses and increase efficiency. The operating room is one of the biggest cost (and revenue) centers for a healthcare facility: according to some studies, the operating room accounts for about 40% of expenses in a hospital and generates about 70% of the revenue. Use of custom procedure trays is one way to increase throughput and reduce costs.

In addition to reducing the time taken to set up instruments for a procedure, custom procedure trays prevent wastage. A custom procedure tray (also known as a custom procedure pack) is a pre-packaged set of all disposable medical items required for a major or minor surgical intervention. It is presented in a single, sterile box, wrap, or mold. They are most often used during major orthopedic and cardiovascular procedures, and for hemodialysis, antiseptic skin preparation, and angiography procedures.

About 40% of physicians in the United States report being engaged with supply cost management. Partnering with custom tray manufacturers to streamline the entire supply chain and manage inventory costs can reduce the amount of time that a hospital employee spends on these activities and bring about huge savings to a healthcare facility. Providing services around data analytics can help predict inventory demand. Custom procedure trays are more commonly used in the United States, but adoption is increasing in Europe. Large-volume surgery centers are among the main users. With many healthcare facilities being part of larger integrated delivery networks and provider networks, clinicians moving from one hospital to another within a network will want the same products available no matter where a procedure is performed.

This study provides an overview of the custom procedure trays market opportunity in terms of hard numbers, unmet needs, and game-changing strategies. The report provides 5-year forecasts for revenue and units as well as the market shares of top participants.


Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Cardinal Health
  • Medline
  • Mölnlycke
  • Owens & Minor

1. Executive Summary


  • Key Findings
  • Scope and Segmentation
  • Key Questions This Study Will Answer
  • Market Engineering Measurements
  • Market Engineering Measurements
  • CEO’s Perspective
  • Companies to Watch
  • Executive Summary - 3 Big Predictions

2. Market Overview


  • Market Background
  • Market Segmentation
  • Revenue Breakdown
  • Defining Healthcare Trends in the Future
  • Benefits to the Healthcare System

3. Competitive Playbook


  • New Market Opportunities
  • Recent Acquisitions

4. Drivers and Restraints


  • Market Drivers
  • Drivers Explained
  • Market Restraints
  • Restraints Explained

5. Forecast and Trends - Total Market


  • Market Engineering Measurements
  • Forecast Assumptions

6. US Revenue and Unit Forecast


  • Revenue Forecast
  • Revenue Forecast by Procedure Type (Major)
  • Revenue Forecast by Procedure Type (Minor)
  • Unit Forecast
  • Unit Forecast by Procedure Type (Major)
  • Unit Forecast by Procedure Type (Minor)
  • Revenue and Unit Forecast Discussion
  • Pricing Trends and Forecast
  • Pricing Analysis - Major Procedures
  • Pricing Analysis - Minor Procedures
  • Pricing Trends and Forecast Discussion
  • Procurement Process

7. US Demand Analysis


  • Penetration Analysis
  • Market Analysis

8. US Competitive Environment


  • US Market Share
  • Market Share Analysis
  • Top Competitors

9. EU-5 Revenue and Unit Forecast


  • Revenue Forecast
  • Revenue Forecast by Procedure Type (Major)
  • Revenue Forecast by Procedure Type (Minor)
  • Unit Forecast
  • Unit Forecast by Procedure Type (Major)
  • Unit Forecast by Procedure Type (Minor)
  • Revenue and Unit Forecast Discussion
  • Pricing Trends and Forecast
  • Pricing Analysis - Major Procedures
  • Pricing Analysis - Minor Procedures
  • Pricing Trends and Forecast Discussion
  • Procurement Process

10. EU-5 Demand Analysis


  • Penetration Analysis
  • Market Analysis

11. EU-5 Competitive Environment


  • Market Share
  • Market Share Analysis
  • Top Competitors

12. Companies to Watch


  • Cardinal Health
  • Medline
  • Mölnlycke
  • Owens & Minor

13. Growth Opportunities and Companies to Action


  • Growth Opportunity 1 - Managing Patient Wait Lists
  • Growth Opportunity 2 - Reducing Administrative Workload
  • Growth Opportunity 3 - Standardization
  • Strategic Imperatives for Success and Growth

14. The Last Word


  • The Last Word - 3 Big Predictions
  • Prediction Discussion

15. Appendix


  • List of Other Companies
  • Legal Disclaimer
  • List of Exhibits
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Cardinal Health
  • Medline
  • Mölnlycke
  • Owens & Minor
Note: Product cover images may vary from those shown