Escalating Demand for Customized Procedure Trays Fuels the Middle East & Africa Procedure Trays Market
Surgical departments face the issue when too many products are pulled for procedures that end up on the back table of the operating room (OR) suite - opened, unused, and thrown away. They need to bear the cost of discarded products and the labor cost of returning unopened items to inventory. This scenario leads to the wastage of both time and money. For instance, a US$ 50 worth waste through procedure trays per surgery can lead to a loss of US$ 250,000 annually for a surgery center that performs ~5,000 procedures yearly. Hospitals often have special requirements for treatment sets. Choices vary by doctor and even by theater staff. The growing variety of surgical procedures and preferences requires procuring a wide variety and quantity of supporting clinical products. Thus, surgical centers should focus on optimizing custom procedure trays to support quality outcomes while reducing waste, controlling costs, and improving workflows. Standardized and customized procedure trays can save time, eliminate waste, ensure right components are at hand for each procedure, and streamline workflows. Surgery centers focus on including customized procedure trays in their supply chains to manage costs. Customized procedure trays are cheaper than traditional trays and purchasing them in bulk may result in the efficient reduction of the total procurement and operational cost of procedures. Thus, with the growing need for cost-effective products by hospitals and surgical centers, customized procedure trays are trending, thereby boosting the Middle East & Africa procedure trays market.Middle East & Africa Procedure Trays Market Overview
The Middle East & Africa procedure trays market is segmented into the UAE, Saudi Arabia, South Africa, and the Rest of Middle East & Africa. Increasing number of cosmetic surgeries and rising prevalence of cardiovascular disorders are factors fueling the Middle East & Africa procedure trays market growth in the Middle East & Africa.Saudi Arabia has a large geriatric population susceptible to various health conditions requiring surgical procedures. According to the WHO, coronary heart disease deaths in Saudi Arabia reached 39,037 in 2020, accounting for 29.13% of total deaths in the country. Further, according to a study conducted by the International Society of Aesthetic Plastic Surgeons, Saudi Arabia ranks 22nd among the top 25 countries with the highest rates of cosmetic procedures globally.
According to an article published by National News in March 2023, Dubai Health Authority figures showed the number of people seeking cosmetic procedures in Dubai had risen sharply from 223,507 in 2020 to 583,909 in 2022. The sub-Saharan Africa region is also experiencing a rise in the incidence of hypertension. The major risk factor for heart disease is hypertension; nearly 10% of the population aged 15 years and above is pre-hypertensive. According to an article published by the National Library of Medicine in 2021, cosmetic procedures are increasingly being accepted among youth in the Middle East, with skin and nasal procedures being the most popular. The increase in cosmetic surgical procedures is fueling the growth of the Middle East & Africa procedure trays market.
Middle East & Africa Procedure Trays Market Revenue and Forecast to 2030 (US$ Million)
Middle East & Africa Procedure Trays Market Segmentation
The Middle East & Africa procedure trays market is segmented based on application, end user, and country.Based on application, the Middle East & Africa procedure trays market is segmented into operating room, angiography, ophthalmology, and others. The operating room segment held the largest share in 2022.
By end user, the Middle East & Africa procedure trays market is segmented into hospitals & clinics, ambulatory surgical centers, and others. The hospitals & clinics segment held the largest share in 2022.
Based on country, the Middle East & Africa procedure trays market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. Saudi Arabia dominated the Middle East & Africa procedure trays market in 2022.
3M Co, BD, Biometrix, Cardinal Health Inc, ICU Medical Inc, Molnlycke Health Care AB, and Teleflex Incorporated are some of the leading companies operating in the Middle East & Africa procedure trays market.
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Table of Contents
Companies Mentioned
- 3M Co
- BD
- Biometrix
- Cardinal Health Inc
- ICU Medical Inc
- Molnlycke Health Care AB
- Teleflex Incorporated