Procedure Trays Market Share Report | Growth Forecasts to 2030

Procedure Trays Market Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Application (Operating Room, Angiography, Ophthalmology, and Others), End User (Hospitals & Clinics, Ambulatory Surgical Centers, and Others), and Geography

Publication Month : Sep 2023

  • Report Code : TIPHE100001227
  • Category : Medical Device
  • Status : Published
  • No. of Pages : 136
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[Research Report] The procedure trays market was valued at US$ 21,536.67 million in 2022 and is expected to reach US$ 45,926.87 million by 2030. It is estimated to register a CAGR of 9.9% during 2022–2030.

Market Insights and Analyst View:

Procedure trays are also known as surgical instrument trays. These are flat open/closed containers that hold surgical instruments. Each procedure tray contains the instruments needed to perform a surgical procedure. These trays are commonly used in hospitals, laboratories, and clinics. Instruments must be sterilized before they can safely remove bodily fluids or debris from the body, and autoclaves use these containers to protect their contents. The demand for procedure trays market is continuously growing due to the increasing number of surgical procedures and the surge in medical tourism.

Growth Drivers and Challenges:

The prevalence of health conditions such as cardiovascular diseases, obstructed labor, injuries, and malignancies trigger the need for surgical procedures. According to research by the World Health Organization (WHO), the number of cesarean sections continues to increase worldwide, accounting for more than one in five (21%) births. This number is expected to rise over the coming decade, with almost a third (29%) of all births likely to be by cesarean section by 2030. Advances in surgical, anesthetic, and critical care techniques have resulted in a greater proportion of the growing elderly population undergoing surgical procedures. According to the US Census Board, about 13% of the total population in the US is over 65 years old, and it is estimated that this percentage will reach 20% by 2030. According to WHO, the world geriatric population is expected to reach 1.5 billion by 2050.

According to the National Institutes of Health (NIH) data, ~20 million major surgeries occur annually in Europe. According to Eurostat, in 2020, ~3.66 million cataract surgeries and ~1.12 million cesarean sections were performed in the European Union (EU). In most EU member countries, cesarean sections varied from 200 to 400 per 100,000 habitants in 2020. According to Dubai Health Authority (DHA), ~159,000 surgeries were performed in Dubai in 2021. As per the same source, the number of people seeking cosmetic surgeries in Dubai doubled from 223,507 in 2020 to 583,909 in 2022. According to Eurostat, transluminal coronary angioplasties were most common in Croatia and Germany in 2020; on average, the procedures were performed 462 and 384 times per 100,000 inhabitants, respectively.

Thus, owing to the increasing number of surgeries worldwide, there is a growing demand for procedure trays that hold instruments while performing surgical procedures.

Procedure trays help organize the operation theater or laboratory; however, the utmost problem comes at the disposal point. Many challenges are associated with planning surgical kits, but the tight corner is the need for more standardization among doctors. In the process of surgical instrument tray rationalization, it is important to assess the usability of the surgical instrument. The instrument's usability may vary depending on the operating surgeon's preference. When clinical practice and component usage are standardized, creating a kit that meets end-user needs is easier while providing labor efficiencies and cost-effectiveness expected from a kitting program. Thus, concerns regarding the safe disposal of procedure trays are one of the factors challenging the market growth.   

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Procedure Trays Market: Strategic Insights

procedure-trays-market
Market Size Value inUS$ 21,536.67 million in 2022
Market Size Value byUS$ 45,926.87 million by 2030
Growth rateCAGR of 9.9% from 2022 to 2030
Forecast Period2022-2030
Base Year2022
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Report Segmentation and Scope:

The “Global Procedure Trays Market” is segmented on the basis of application and end user. Based on the application, the market is divided into operating room, angiography, ophthalmology, and others. In terms of end user, the procedure trays market is divided into hospitals & clinics, ambulatory surgical centers, and others. The procedure trays market, based on geography, is segmented into North America (the US, Canada, and Mexico), Europe (Germany, France, Italy, the UK, Russia, and the Rest of Europe), Asia Pacific (Australia, China, Japan, India, South Korea, and the Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).

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Segmental Analysis:

The procedure trays market, by application, is segmented into operating room, angiography, ophthalmology, and others. The operating room segment held the largest market share in 2022 and is anticipated to register the highest CAGR during 2022–2030. The operating room surgical trays provide instruments according to the surgery needs, reducing the pressure on technical staff and enabling hassle-free surgery. According to new research from the World Health Organization (WHO), cesarean section procedure rates continue to rise globally, accounting for more than 1 in 5 (21%) childbirths. According to Eurostat, in 2020, hip replacement surgeries were performed in ~294 people per 1,000 inhabitants in Germany. According to the American Joint Replacement Registry, more than 2 million hip and knee replacement surgeries were performed in 2021 in the US. The increasing number of surgeries is fuelling the use of procedure trays in the operating rooms.

Procedure Trays Market, by Application – 2022 and 2030

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Based on end user, the procedure tray market is divided into hospitals & clinics, ambulatory surgical centers, and others. Hospitals provide healthcare to people through complicated but specialized scientific equipment. Hospitals are classified as general, specialty, or government, depending on their source of income. The most common form of the hospital is a general hospital, which has an emergency department to deal with medical emergencies and sudden illnesses. Hospitals play an important role in the healthcare system and offer advanced treatment options for patients with chronic and hard-to-heal wounds. Most surgeries are performed in hospitals, as they provide continuous patient care and monitoring.

Regional Analysis:

Based on geography, the procedure trays market is divided into five key regions: North America, Europe, Asia Pacific, South & Central America, and Middle East & Africa. The market in North America has been analyzed with a prime focus on three major countries—the US, Canada, and Mexico. An increasing aging population and chronic disease prevalence, along with high awareness about healthcare and technologically advanced surgical procedures, are likely to catalyze the demand for surgical procedures in North America. As per to an article published by International Osteoporosis Foundation, 44 million people in America above 50 years had osteoporosis in 2020. The US is estimated to hold the largest procedure tray market share during the forecast period. According to Regenexx, more than 7 million orthopedic surgeries were performed in 2021 in the US. As per the National Center for Health Statistics, more than 40 million surgeries are performed yearly, which is expected to grow exponentially.

According to the American Psychological Association, the geriatric population in the US is currently 46 million and is supposed to double by 2060, which will increase the number of surgeries, coupled with advancements in technology, and drive the procedure trays market growth. According to the Canadian Institute of Information, in 2020–2021, 55,300 hip and 55,285 knee replacements were performed in Canada. Cataract surgery is among the most performed surgeries in Canada and is expected to more than double in volume over the next 25 years. In Canada, joint replacement surgeries and cataract surgeries are on the rise, which is surging the demand for procedure trays. According to Statista, in 2022, the number of heart transplants performed in Mexico amounted to 42 procedures, up from the 26 interventions recorded the previous year. Thus, the increasing number of surgeries is surging the demand for procedure trays in the region.

Procedure Trays Market Opportunity:

With rapid developments in the healthcare IT sector, companies manufacturing procedure trays focus on harnessing advanced technologies to enhance the experience of using procedure trays. Procedure trays carry various instruments used in surgical procedures; however, a few instruments may not be used during the procedure. Each procedure tray can typically cost more than US$ 350,000, and having every type of set on the shelf at each surgical facility is not feasible, owing to which manufacturers generally loan them to hospitals. Once a procedure is executed, the hospital returns the instrument tray to the manufacturer for storage and redistribution to other hospitals. Each time a hospital returns a tray, the manufacturer needs to check for missing instruments and ensure that they are correctly placed, cleaned, and fit for use in the next procedure. As this checking may become hectic for manufacturers, they are focused on using data analytics tools and cloud-based platforms to maintain the record of the instruments used during surgery. For instance, BD and Johnson & Johnson MedTech collaborate with cloud-based companies to engineer a scalable solution to improve the tracking and checking of instruments in procedure trays. These solutions or platforms can be used to share the surgery case and procedure-specific information and can also be associated with vendor tray requirements so that the hospital and manufacturer can receive a schedule of the surgical procedure such as set images, instruction for use (IFU) documentation, and expected delivery time of the equipment. Thus, using cloud-based platforms and data analytics to maintain and streamline the data collected when procedure trays are in use creates opportunities for the market players.  

COVID-19 Impact:

Before the COVID-19 pandemic, the procedure trays market was experiencing steady growth and was influenced by various factors that shaped its dynamics. During the COVID-19 pandemic, more than 28 million surgical procedures were canceled or postponed globally because of active COVID-19 infections within the first 12 weeks of the pandemic. According to global study published in the Lancet, patients undergoing surgery after contracting COVID-19 were at a higher risk of death following surgery.

According to a study published in February 2022 by the National Library of Medicine, surgical services were temporarily shut down during the initial surge of COVID-19, but the healthcare system continued to provide safe care for thoracic surgery patients, especially those with oncologic conditions.

Competitive Landscape and Key Companies:

A few of the prominent players operating in the global procedure trays market are Biometrix, Medica Europe BV, 3M, BD, Owens & Minor Inc, Molnlycke Health Care AB, Nelipak Corporation, Teleflex Inc, Cardinal Health Inc, and ICU Medical Inc. These companies focus on new technologies, advancements in existing products, and geographic expansions to meet the growing consumer demand worldwide and increase their product range in specialty portfolios. The companies implement various inorganic and organic developments in the global procedure trays market. Below are a few instances:

  • In October 2022, Pioneering med-tech company BD India partnered with the Government of India’s renowned research organization, Raja Ramanna Centre for Advanced Technology (RRCAT), to sterilize one of its medical devices, Venflon Pro, by electron beam (e-beam) technology, at RRCAT’s Indore facility. The e-beam facility is entirely designed and developed by scientists and engineers of RRCAT. It is the only facility approved by regulatory authorities for irradiation of class A and Class B medical devices in India and is also ISO–13485 certified.
  • In January 2022, ICU Medical Inc. acquired Smiths Medical from Smiths Group plc. The Smiths Medical business includes syringes, ambulatory infusion devices, vascular access, and vital care products. Combined with ICU Medical’s existing businesses, the companies create a leading infusion therapy company with estimated pro forma combined revenues of ~US$2.5 billion.
  • In May 2020, Nelipak Healthcare Packaging launched Nelipak Academy, a seven-part educational webinar series. The free series covers various topics, including automated handling trays, NeliSim, polymer basics and film properties, rigid barrier packaging design, lab testing services, and heat seal coating technology.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Application, End User, and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


What is the regional market scenario of the global procedure trays market?

Global procedure trays market is segmented by region into Asia Pacific, North America, South & Central America, Europe, and the Middle East & Africa. Europe is likely to continue its dominance in the procedure trays market during 2022–2028. The Germany holds the largest share of the market in Europe and is expected to continue this trend during the forecast period.

Who are the key players in the global procedure trays market?

Companies operating in the market are Mölnlycke Health Care AB, Nelipak Corporation, Biometrix, Medica Europe BV, 3M, BD, Owens & Minor, Inc., ICU Medical Inc., Teleflex Incorporated, and Cardinal Health, Inc.

Which end user segment held the largest revenue (US$ Mn) in the global procedure trays market?

The global procedure trays market, based on end user, is segmented into hospitals, clinics, and ambulatory surgical centers. In 2022, the hospitals segment held the largest share of the market, and the same segment is expected to grow at the fastest rate during the coming years.

What are the driving factors for the procedure trays market across the globe?

Key factors driving the market growth are the increase in number of surgeries and surge in medical tourism.

Which segment led the global procedure trays market?

Global procedure trays market, based on product type, is segmented into angiography, ophthalmology, operating room, and anesthesia room. In 2022, the operating room segment held the largest share of the market, and the same segment is expected to grow at the fastest rate during the coming years.

What is meant by the Global procedure trays?

A procedure tray is defined as set of prepackaged medical devices that are designed to provide the disposable materials that are used in a surgical procedure. The procedure tray is sterile in nature and hence are being preferred on a large scale. These trays are designed with an intention to suffice the individual needs of the hospital as per the requirements of the procedure.

1. Introduction

1.1 The Insight Partners Research Report Guidance

1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

2.2 Procedure Trays Market, by Geography (US$ Million)

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Procedure Trays Market Landscape

4.1 Overview

4.2 PEST Analysis

4.2.1 Global PEST Analysis

4.3 Ecosystem Analysis

4.3.1 List of Vendors in the Value Chain

5. Procedure Trays Market - Key Industry Dynamics

5.1 Market Drivers

5.1.1 Increasing Number of Surgical Procedures

5.1.2 Surge in Medical Tourism

5.2 Market Restraints

5.2.1 Concerns About Disposal and Standardization of Procedure Trays

5.3 Market Opportunities

5.3.1 Integration of Procedure Trays with Cloud Platform and Data Analytics

5.4 Future Trends

5.4.1 Escalating Demand for Customized Procedure Trays

5.5 Impact Analysis

6. Procedure Trays Market - Global Market Analysis

6.1 Procedure Trays Market Revenue (US$ Mn), 2022 – 2030

7. Global Procedure Trays Market – Revenue and Forecast to 2030 – by Application

7.1 Overview

7.2 Procedure Trays Market Revenue Share, by Application 2022 & 2030 (%)

7.3 Operating Room

7.3.1 Overview

7.3.2 Operating Room: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

7.4 Angiography

7.4.1 Overview

7.4.2 Angiography: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

7.5 Ophthalmology

7.5.1 Overview

7.5.2 Ophthalmology: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

7.6 Others

7.6.1 Overview

7.6.2 Others: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

8. Global Procedure Trays Market – Revenue and Forecast to 2030 – by End User

8.1 Overview

8.2 Procedure Trays Market Revenue Share, by End User 2022 & 2030 (%)

8.3 Hospitals & Clinics

8.3.1 Overview

8.3.2 Hospitals & Clinics: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

8.4 Ambulatory Surgical Centers

8.4.1 Overview

8.4.2 Ambulatory Surgical Centers: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

8.5 Others

8.5.1 Overview

8.5.2 Others: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9. Procedure Trays Market – Revenue and Forecast to 2030 – Geographic Analysis

9.1 North America: Procedure Trays Market

9.1.1 Overview

9.1.2 North America: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.1.2.1 North America: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.1.2.2 North America: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.1.3 North America: Procedure Trays Market, by Country, 2022 & 2030 (%)

9.1.3.1 US: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.1.3.1.1 US: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.1.3.1.2 US: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.1.3.2 Canada: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.1.3.2.1 Canada: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.1.3.2.2 Canada: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.1.3.3 Mexico: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.1.3.3.1 Mexico: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.1.3.3.2 Mexico: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.2 Europe: Procedure Trays Market

9.2.1 Overview

9.2.2 Europe: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.2.2.1 Europe: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.2.2.2 Europe: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.2.3 Europe: Procedure Trays Market, by Country, 2022 & 2030 (%)

9.2.3.1 Germany: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.2.3.1.1 Germany: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.2.3.1.2 Germany: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.2.3.2 UK: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.2.3.2.1 UK: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.2.3.2.2 UK: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.2.3.3 France: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.2.3.3.1 France: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.2.3.3.2 France: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.2.3.4 Italy: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.2.3.4.1 Italy: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.2.3.4.2 Italy: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.2.3.5 Spain: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.2.3.5.1 Spain: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.2.3.5.2 Spain: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.2.3.6 Rest of Europe: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.2.3.6.1 Rest of Europe: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.2.3.6.2 Rest of Europe: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.3 Asia Pacific: Procedure Trays Market

9.3.1 Overview

9.3.2 Asia Pacific: Procedure Trays Market - Revenue and Forecast to 2030 (US$ Million)

9.3.2.1 Asia Pacific: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.3.2.2 Asia Pacific: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.3.3 Asia Pacific: Procedure Trays Market, by Country, 2022 & 2030 (%)

9.3.3.1 China: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.3.3.1.1 China: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.3.3.1.2 China: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.3.3.2 Japan: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.3.3.2.1 Japan: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.3.3.2.2 Japan: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.3.3.3 India: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.3.3.3.1 India: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.3.3.3.2 India: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.3.3.4 Australia: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.3.3.4.1 Australia: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.3.3.4.2 Australia: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.3.3.5 South Korea: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.3.3.5.1 South Korea: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.3.3.5.2 South Korea: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.3.3.6 Rest of Asia Pacific: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.3.3.6.1 Rest of Asia Pacific: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.3.3.6.2 Rest of Asia Pacific: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.4 Middle East & Africa Procedure Trays Market

9.4.1 Overview

9.4.2 Middle East & Africa: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.4.2.1 Middle East & Africa: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.4.2.2 Middle East & Africa: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.4.3 Middle East & Africa: Procedure Trays Market, by Country, 2022 & 2030 (%)

9.4.3.1 Saudi Arabia: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.4.3.1.1 Saudi Arabia: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.4.3.1.2 Saudi Arabia: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.4.3.2 South Africa: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.4.3.2.1 South Africa: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.4.3.2.2 South Africa: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.4.3.3 UAE: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.4.3.3.1 UAE: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.4.3.3.2 UAE: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.4.3.4 Rest of Middle East & Africa: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.4.3.4.1 Rest of Middle East & Africa: Procedure Trays Market, by Application, 2020–2030 (US$ Million)

9.4.3.4.2 Rest of Middle East & Africa: Procedure Trays Market, by End User, 2020–2030 (US$ Million)

9.5 South & Central America: Procedure Trays Market

9.5.1 Overview

9.5.2 South & Central America: Procedure Trays Market - Revenue and Forecast to 2030 (US$ Million)

9.5.2.1 South & Central America: Procedure Trays Market, By Application, 2020–2030 (US$ Million)

9.5.2.2 South & Central America: Procedure Trays Market, By End User, 2020–2030 (US$ Million)

9.5.3 South & Central America: Procedure Trays Market Share by Country – 2022 & 2030, (%)

9.5.3.1 Brazil: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.5.3.1.1 Brazil: Procedure Trays Market, By Application, 2020–2030 (US$ Million)

9.5.3.1.2 Brazil: Procedure Trays Market, By End User, 2020–2030 (US$ Million)

9.5.3.2 Argentina: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.5.3.2.1 Argentina: Procedure Trays Market, By Application, 2020–2030 (US$ Million)

9.5.3.2.2 Argentina: Procedure Trays Market, By End User, 2020–2030 (US$ Million)

9.5.3.3 Rest of South & Central America: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

9.5.3.3.1 Rest of South & Central America: Procedure Trays Market, By Application, 2020–2030 (US$ Million)

9.5.3.3.2 Rest of South & Central America: Procedure Trays Market, By End User, 2020–2030 (US$ Million)

10. Pre and Post COVID-19 Impact on Procedure Trays Market

10.1 Pre and Post COVID-19 Impact

11. Procedure Trays Market–Industry Landscape

11.1 Overview

11.2 Growth Strategies in Global Procedure Trays Market (%)

11.3 Organic Developments

11.3.1 Overview

11.4 Inorganic Developments

11.4.1 Overview

12. Company Profiles

12.1 Biometrix

12.1.1 Key Facts

12.1.2 Business Description

12.1.3 Products and Services

12.1.4 Financial Overview

12.1.5 SWOT Analysis

12.1.6 Key Developments

12.2 Medica Europe BV

12.2.1 Key Facts

12.2.2 Business Description

12.2.3 Products and Services

12.2.4 Financial Overview

12.2.5 SWOT Analysis

12.2.6 Key Developments

12.3 3M Co

12.3.1 Key Facts

12.3.2 Business Description

12.3.3 Financial Overview

12.3.4 SWOT Analysis

12.3.5 Key Developments

12.4 BD

12.4.1 Key Facts

12.4.2 Business Description

12.4.3 Products and Services

12.4.4 Financial Overview

12.4.5 SWOT Analysis

12.4.6 Key Developments

12.5 Owens & Minor Inc

12.5.1 Key Facts

12.5.2 Business Description

12.5.3 Products and Services

12.5.4 Financial Overview

12.5.5 SWOT Analysis

12.5.6 Key Developments

12.6 Molnlycke Health Care AB

12.6.1 Key Facts

12.6.2 Business Description

12.6.3 Products and Services

12.6.4 Financial Overview

12.6.5 SWOT Analysis

12.6.6 Key Developments

12.7 Nelipak Corporation

12.7.1 Key Facts

12.7.2 Business Description

12.7.3 Products and Services

12.7.4 Financial Overview

12.7.5 SWOT Analysis

12.7.6 Key Developments

12.8 Teleflex Incorporated

12.8.1 Key Facts

12.8.2 Business Description

12.8.3 Products and Services

12.8.4 Financial Overview

12.8.5 SWOT Analysis

12.8.6 Key Developments

12.9 Cardinal Health Inc

12.9.1 Key Facts

12.9.2 Business Description

12.9.3 Products and Services

12.9.4 Financial Overview

12.9.5 SWOT Analysis

12.9.6 Key Developments

12.10 ICU Medical Inc

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

13. Appendix

13.1 About Us

13.2 Glossary of Terms

List of Tables

Table 1. Procedure Trays Market Segmentation

Table 2. List of Vendors in Value Chain

Table 3. North America Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 4. North America Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 5. US Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 6. US Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 7. Canada Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 8. Canada Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 9. Mexico Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 10. Mexico Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 11. Europe Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 12. Europe Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 13. Germany Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 14. Germany Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 15. UK Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 16. UK Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 17. France Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 18. France Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 19. Italy Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 20. Italy Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 21. Spain Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 22. Spain Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 23. Rest of Europe Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 24. Rest of Europe Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 25. Asia Pacific Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 26. Asia Pacific Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 27. China Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 28. China Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 29. Japan Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 30. Japan Procedure Trays Market, by End User– Revenue and Forecast to 2030 (US$ Million)

Table 31. India Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 32. India Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 33. Australia Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 34. Australia Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 35. South Korea Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 36. South Korea Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 37. Rest of Asia Pacific Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 38. Rest of Asia Pacific Procedure Trays Market, by End User– Revenue and Forecast to 2030 (US$ Million)

Table 39. Middle East & Africa Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 40. Middle East & Africa Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 41. Saudi Arabia Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 42. Saudi Arabia Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 43. South Africa Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 44. South Africa Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 45. UAE Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 46. UAE Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 47. Rest of Middle East & Africa Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)

Table 48. Rest of Middle East & Africa Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)

Table 49. South & Central America: Procedure Trays Market, By Application – Revenue and Forecast to 2030 (US$ Million)

Table 50. South & Central America: Procedure Trays Market, By End User – Revenue and Forecast to 2030 (US$ Million)

Table 51. Brazil: Procedure Trays Market, By Application – Revenue and Forecast to 2030 (US$ Million)

Table 52. Brazil: Procedure Trays Market, By End User – Revenue and Forecast to 2030 (US$ Million)

Table 53. Argentina: Procedure Trays Market, By Application – Revenue and Forecast to 2030 (US$ Million)

Table 54. Argentina: Procedure Trays Market, By End User – Revenue and Forecast to 2030 (US$ Million)

Table 55. Rest of South & Central America: Procedure Trays Market, By Application – Revenue and Forecast to 2030 (US$ Million)

Table 56. Rest of South & Central America: Procedure Trays Market, By End User – Revenue and Forecast to 2030 (US$ Million)

Table 57. Organic Developments in the Global Procedure Trays Market

Table 58. Inorganic Developments in the Global Procedure Trays Market

Table 59. Glossary of Terms, Procedure Trays Market

List of Figures

Figure 1. Procedure Trays Market Segmentation, By Geography

Figure 2. Global - PEST Analysis

Figure 3. Procedure Trays Market: Key Industry Dynamics

Figure 4. Procedure Trays Market: Impact Analysis of Drivers and Restraints

Figure 5. Procedure Trays Market Revenue (US$ Mn), 2020 – 2030

Figure 6. Global Procedure Trays Market, By Geography Forecast Analysis, 2022 & 2030

Figure 7. Procedure Trays Market Revenue Share, by Application 2022 & 2030 (%)

Figure 8. Operating Room: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 9. Angiography: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 10. Ophthalmology: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 11. Others: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 12. Procedure Trays Market Revenue Share, by End User 2022 & 2030 (%)

Figure 13. Hospitals & Clinics: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 14. Ambulatory Surgical Centers: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 15. Others: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 16. North America: Procedure Trays Market, by Key Country – Revenue (2022) (US$ Million)

Figure 17. North America Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 18. North America: Procedure Trays Market, by Country, 2022 & 2030 (%)

Figure 19. US: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 20. Canada: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 21. Mexico: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 22. Europe: Procedure Trays Market, by Key Country – Revenue (2022) (US$ Million)

Figure 23. Europe Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 24. Europe: Procedure Trays Market, by Country, 2022 & 2030 (%)

Figure 25. Germany: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 26. UK: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 27. France: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 28. Italy: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 29. Spain: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 30. Rest of Europe: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 31. Asia Pacific: Procedure Trays Market, by Key Country – Revenue (2022) (US$ Million)

Figure 32. Asia Pacific Procedure Trays Market Revenue and Forecast to 2030 (US$ Million)

Figure 33. Asia Pacific: Procedure Trays Market, by Country, 2022 & 2030 (%)

Figure 34. China: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 35. Japan: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 36. India: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 37. Australia: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 38. South Korea: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 39. Rest of Asia Pacific: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 40. Middle East & Africa: Procedure Trays Market, by Key Country – Revenue (2022) (US$ Million)

Figure 41. Middle East & Africa Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 42. Middle East & Africa: Procedure Trays Market, by Country, 2022 & 2030 (%)

Figure 43. Saudi Arabia: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 44. South Africa: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 45. UAE: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 46. Rest of Middle East & Africa: Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)

Figure 47. South & Central America: Procedure Trays Market, By Key Country – Revenue (2022) (US$ Million)

Figure 48. South & Central America: Procedure Trays Market- Revenue and Forecasts to 2030 (US$ Million)

Figure 49. South & Central America: Procedure Trays Market Share by Country – 2022 & 2030, (%)

Figure 50. Brazil: Procedure Trays Market- Revenue and Forecasts to 2030 (US$ Million)

Figure 51. Argentina: Procedure Trays Market- Revenue and Forecasts to 2030 (US$ Million)

Figure 52. Rest of South & Central America: Procedure Trays Market - Revenue and Forecast to 2030 (US$ Million)

Figure 53. Pre and Post COVID-19 Impact

Figure 54. Growth Strategies in Global Procedure Trays Market (%)

The List of Companies - Procedure Trays Market

  1. Biometrix
  2. Medica Europe BV
  3. 3M
  4. BD
  5. Ownes & Minor Inc
  6. Molnlycke Health Care AB
  7. Nelipak Corporation
  8. Teleflex Incorporated
  9. Cardinal Health Inc
  10. ICU Medical Inc

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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