The global custom procedure kits market size was estimated to be USD 7.40 billion in 2023 and is expected to reach at USD 23.28 billion by 2034 with a CAGR of 10.98% during the forecast period 2024-2034. Increasing technological advancements, rising prevalence of chronic diseases, surge in need for customizable procedure kits that can be reused to reduce the generation of medical waste, growing adoption of kits in homecare settings, reduced procurement time & expenses, increasing interest in technologically advanced products, such as lightweight & breathable fabric gowns, rising introduction of custom procedure packs by market players to broaden their product range, and surge in initiatives to manufacture new products are some of the key factors boosting the market growth.
Surge in initiatives to manufacture new products is predicted to boost the market growth during the forecast period. In the medical sector, there is a reliance on disposable items to protect healthcare providers and patients from various viruses and bacteria. This reliance is fueling the demand for easily accessible sterile supplies that can be disposed of after use. For instance, in April 2022, Merit Medical Systems has introduced the ReSolve Thoracostomy Tray, a comprehensive kit containing all the necessary products for conducting a thoracostomy. This minimally invasive technique provides patients with an alternative to open surgical procedures for draining fluids or air from the chest.
By products, disposables was the highest revenue-grossing segment in the global custom procedure kits market in 2023. A personalized procedure tray provides sterile packages that can be tailored to individual patients, containing all the disposable surgical necessities. This idea can be extended to an entire surgical department. These kits often contain single-use, disposable components that perform just as effectively as reusable alternatives. Items designed for one-time use do not need rigorous disinfection methods. Furthermore, many of the single-use products in custom procedure kits can often be recycled, promoting environmental sustainability and expected to drive market growth in the near future. Additionally, reusable is predicted to grow at fastest CAGR during the forecast period. These non-sterile custom kits contain all essential elements. Reusable kits provide effectiveness and convenience for both patients and practitioners. Utilizing these reusable custom kits allows a facility to maintain compliance with its policies, procedures, and federal regulations. For instance, in December 2022, MEDU, a Mexican startup, has created reusable and washable full-body suits, gowns, and masks, effectively reducing the carbon footprint of Personal Protective Equipment (PPE) and addressing the issue of disposable waste.
By procedure, orthopedic was the highest revenue-grossing segment in the global custom procedure kits market in 2023 owing to the increasing prevalence of bone diseases, expanding elderly population, surge in product advancements, and growing favorable reimbursement policies in orthopedic surgery. Additionally, others is predicted to grow at fastest CAGR during the forecast period owing to the growing demand for non-invasive surgeries and rising number of minor nonsurgical procedures, and increasing initiatives by leading market players. For instance, In August 2022, Pennine Healthcare has achieved the Medical Devices Regulation (MDR) Certification for its Class I Sterile, Class IIa, and Procedure Packs.
By end-user, hospitals was the highest revenue-grossing segment in the global custom procedure kits market in 2023 owing to the heightened emphasis on infection control measures in hospitals, a rising trend of implementing standardized custom kits throughout hospital networks to improve operational efficiency while upholding high-quality patient care, an upsurge in technological innovations, and increasing regulatory approvals. For instance, in September 2023, Medtronic plc, a prominent player in healthcare technology, has received CE (Conformité Européenne) Mark approval for its innovative all-in-one disposable Simplera continuous glucose monitor (CGM). The device boasts a straightforward two-step insertion process. Additionally, ambulatory surgical centers is anticipated to grow at fastest CAGR during the forecast period. Ambulatory Surgical Centers (ASCs) are healthcare facilities that provide same-day surgical procedures to patients without the need for hospitalization. They offer a cost-effective and convenient alternative to traditional hospital-based surgery, with a focus on outpatient care and swift patient recovery. In the custom procedure kits market, there is a growing inclination towards tailoring kits to suit the unique requirements of ASCs. These kits are crafted to enhance efficiency and resource utilization in outpatient settings, ensuring that ASCs have access to specialized instruments and supplies for a variety of procedures. This trend underscores the increasing significance of ASCs in contemporary healthcare delivery, spurring customization and innovation in custom procedure kits to cater to the specific needs of these facilities.
North America region is anticipated for the highest revenue share during the forecast period owing to the increasing surgical procedures & hospital visits, surge in well-established healthcare infrastructure, growing favorable reimbursement & regulatory policies in the healthcare industry, the presence of skilled professionals, and rising initiatives by market players. For instance, in August 2022, McKesson Medical-Surgical, an affiliate of McKesson Corporation, played a supportive role as a sponsor during National Health Center Week 2022. Furthermore, the company is making contributions in the form of giveaway products, providing 175 kits containing hand sanitizers, adhesive bandages with holders, lip balms, tissues, toothpaste, and various personal care items to community healthcare centers. These kits are intended for distribution among healthcare service providers, consumers, and patients. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the increasing demand for technologically advanced & cost-effective healthcare solutions, a rise in clinical trials, substantial investments in research & development, improvements in the clinical development framework, an increase in hospital admissions, growing burden of chronic diseases alongside an aging population, and rising mergers & acquisitions within market players. For instance, in September 2022, Teleflex Incorporated has revealed its acquisition of Standard Bariatrics, Inc. This move is aimed at expanding its surgical portfolio by incorporating various stapling technologies used in bariatric procedures.
Surge in initiatives to manufacture new products is predicted to boost the market growth during the forecast period. In the medical sector, there is a reliance on disposable items to protect healthcare providers and patients from various viruses and bacteria. This reliance is fueling the demand for easily accessible sterile supplies that can be disposed of after use. For instance, in April 2022, Merit Medical Systems has introduced the ReSolve Thoracostomy Tray, a comprehensive kit containing all the necessary products for conducting a thoracostomy. This minimally invasive technique provides patients with an alternative to open surgical procedures for draining fluids or air from the chest.
By products, disposables was the highest revenue-grossing segment in the global custom procedure kits market in 2023. A personalized procedure tray provides sterile packages that can be tailored to individual patients, containing all the disposable surgical necessities. This idea can be extended to an entire surgical department. These kits often contain single-use, disposable components that perform just as effectively as reusable alternatives. Items designed for one-time use do not need rigorous disinfection methods. Furthermore, many of the single-use products in custom procedure kits can often be recycled, promoting environmental sustainability and expected to drive market growth in the near future. Additionally, reusable is predicted to grow at fastest CAGR during the forecast period. These non-sterile custom kits contain all essential elements. Reusable kits provide effectiveness and convenience for both patients and practitioners. Utilizing these reusable custom kits allows a facility to maintain compliance with its policies, procedures, and federal regulations. For instance, in December 2022, MEDU, a Mexican startup, has created reusable and washable full-body suits, gowns, and masks, effectively reducing the carbon footprint of Personal Protective Equipment (PPE) and addressing the issue of disposable waste.
By procedure, orthopedic was the highest revenue-grossing segment in the global custom procedure kits market in 2023 owing to the increasing prevalence of bone diseases, expanding elderly population, surge in product advancements, and growing favorable reimbursement policies in orthopedic surgery. Additionally, others is predicted to grow at fastest CAGR during the forecast period owing to the growing demand for non-invasive surgeries and rising number of minor nonsurgical procedures, and increasing initiatives by leading market players. For instance, In August 2022, Pennine Healthcare has achieved the Medical Devices Regulation (MDR) Certification for its Class I Sterile, Class IIa, and Procedure Packs.
By end-user, hospitals was the highest revenue-grossing segment in the global custom procedure kits market in 2023 owing to the heightened emphasis on infection control measures in hospitals, a rising trend of implementing standardized custom kits throughout hospital networks to improve operational efficiency while upholding high-quality patient care, an upsurge in technological innovations, and increasing regulatory approvals. For instance, in September 2023, Medtronic plc, a prominent player in healthcare technology, has received CE (Conformité Européenne) Mark approval for its innovative all-in-one disposable Simplera continuous glucose monitor (CGM). The device boasts a straightforward two-step insertion process. Additionally, ambulatory surgical centers is anticipated to grow at fastest CAGR during the forecast period. Ambulatory Surgical Centers (ASCs) are healthcare facilities that provide same-day surgical procedures to patients without the need for hospitalization. They offer a cost-effective and convenient alternative to traditional hospital-based surgery, with a focus on outpatient care and swift patient recovery. In the custom procedure kits market, there is a growing inclination towards tailoring kits to suit the unique requirements of ASCs. These kits are crafted to enhance efficiency and resource utilization in outpatient settings, ensuring that ASCs have access to specialized instruments and supplies for a variety of procedures. This trend underscores the increasing significance of ASCs in contemporary healthcare delivery, spurring customization and innovation in custom procedure kits to cater to the specific needs of these facilities.
North America region is anticipated for the highest revenue share during the forecast period owing to the increasing surgical procedures & hospital visits, surge in well-established healthcare infrastructure, growing favorable reimbursement & regulatory policies in the healthcare industry, the presence of skilled professionals, and rising initiatives by market players. For instance, in August 2022, McKesson Medical-Surgical, an affiliate of McKesson Corporation, played a supportive role as a sponsor during National Health Center Week 2022. Furthermore, the company is making contributions in the form of giveaway products, providing 175 kits containing hand sanitizers, adhesive bandages with holders, lip balms, tissues, toothpaste, and various personal care items to community healthcare centers. These kits are intended for distribution among healthcare service providers, consumers, and patients. Additionally, Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the increasing demand for technologically advanced & cost-effective healthcare solutions, a rise in clinical trials, substantial investments in research & development, improvements in the clinical development framework, an increase in hospital admissions, growing burden of chronic diseases alongside an aging population, and rising mergers & acquisitions within market players. For instance, in September 2022, Teleflex Incorporated has revealed its acquisition of Standard Bariatrics, Inc. This move is aimed at expanding its surgical portfolio by incorporating various stapling technologies used in bariatric procedures.
Segmentation: Custom Procedure Kits Market Report 2023 - 2034
Custom Procedure Kits Market Analysis & Forecast by Product 2023 - 2034 (Revenue USD Bn)
- Reusable
- Disposable
Custom Procedure Kits Market Analysis & Forecast by Procedure 2023 - 2034 (Revenue USD Bn)
- General Surgery
- Cardiac Surgery
- Thoracic
- Neurosurgery
- Orthopedic
- Gynecology
- Colorectal
- Urology
- Ophthalmology
- Others
Custom Procedure Kits Market Analysis & Forecast by End-user 2023 - 2034 (Revenue USD Bn)
- Ambulatory Surgical Centers
- Hospitals
- Clinics
- Others
Custom Procedure Kits Market Analysis & Forecast by Region 2023 - 2034 (Revenue USD Bn)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East & Africa
- South Africa
- GCC
- Rest of MEA
Table of Contents
1. Research Methodology
2. Introduction
4. Market Environment Analysis
5. Market Dynamics
7. Custom Procedure Kits Market: Product Estimates & Trend Analysis
8. Custom Procedure Kits Market: Procedure Estimates & Trend Analysis
9. Custom Procedure Kits Market: End-user Estimates & Trend Analysis
10. Regional Market Analysis
11. North America Custom Procedure Kits Market
12. Europe Global Custom Procedure Kits Market
13. Asia Pacific Global Custom Procedure Kits Market
14. Latin America Global Custom Procedure Kits Market
15. MEA Global Custom Procedure Kits Market
16. Competitor Analysis
17. Company Profiles
Companies Mentioned
- Medtronic
- Santex S.p.A.
- Teleflex Incorporated
- McKesson Corporation
- Cardinal Health
- Mölnlycke Health Care
- Smith’s Medical (ICU Medical Inc.)
- Medline Industries
- Owens & Minor
- Terumo Cardiovascular Systems Corporation
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | January 2024 |
| Forecast Period | 2023 - 2034 |
| Estimated Market Value ( USD | $ 7.4 Billion |
| Forecasted Market Value ( USD | $ 23.28 Billion |
| Compound Annual Growth Rate | 10.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 10 |
