How Has the Minor Procedure Kits And Trays Market Size Evolved in Recent Years?
The minor procedure kits and trays market has seen considerable growth due to a variety of factors.
• Over the past few years, the market size for minor procedure kits and trays has experienced swift expansion. The market is projected to rise from $7.03 billion in 2024 to $7.82 billion in 2025, with a compound annual growth rate (CAGR) of 11.3%.
Factors contributing to this growth during the historical period include an uptick in the number of outpatient surgeries, the proliferation of ambulatory surgical centers, heightened awareness about infection management, adherence to government rules and standards, and an aging demographic.
What are the Market Size and Expected Growth Rates for the Minor Procedure Kits And Trays Market?
The minor procedure kits and trays market is expected to maintain its strong growth trajectory in upcoming years.
• In the forthcoming years, the market size for minor procedure kits and trays is projected to experience a swift expansion, reaching $11.9 billion in 2029 with a compound annual growth rate (CAGR) of 11.0%.
The ascension in this projection period can be linked to escalated healthcare spending, a surge in outpatient surgeries, consciousness about infection control, a push from hospitals for cost-effectiveness, and the development of ambulatory surgical centers. The forecast period also points towards major trends such as advancements in sterilization, the incorporation of RFID and QR code technology, single-use innovations, compact and space-conserving designs, as well as a demand for personalized kits.
Which Key Drivers Are Propelling The Minor Procedure Kits And Trays Market's Growth?
The minor procedure kits and trays market is predicted to expand due to the rising demand for minimally invasive procedures. These medical procedures require smaller incisions and lead to less tissue damage as compared to conventional surgeries, facilitating speedier recovery and decreased risk. The popularity of minimally invasive procedures is on the rise due to their advantages of shortened recovery time, reduced risk of complications, and enhanced patient outcomes in comparison to traditional surgical procedures. Minor procedure kits and trays enhance minimally invasive procedures by supplying pre-packaged, sterilized instruments and necessary materials for effective and safe surgical procedures. For example, data released by the American Society of Plastic Surgeons in September 2023 revealed that approximately 23,672,269 minimally invasive cosmetic surgeries were performed in the USA in 2022. This number rose by 7% to 25,442,640 surgeries in 2023. Consequently, the increasing demand for minimally invasive procedures is propelling the growth of the minor procedure kits and trays market.
What Are The Key Segments Within The Global Minor Procedure Kits And Trays Market?
The minor procedure kits and traysmarket covered in this report is segmented –
1) By Type: Disposable Type, Non-Disposable Type
2) By Material: Polypropylene, Polyethylene, Stainless Steel, Aluminum
3) By Procedure Type: Suturing, Wound Care, Biopsy, Injections, Minor Surgeries
4) By Sterility: Sterile, Non-Sterile
5) By Application: General Practice, Emergency Room, Urgent Care, Ambulatory Surgery, Home Care
Subsegments:
1) By Disposable Type: Single-Use Minor Procedure Kits, Pre-Packaged Disposable Trays, Sterile Disposable Kits
2) By Non-Disposable Type: Reusable Minor Procedure Kits, Customizable Non-Disposable Trays, Sterilizable Non-Disposable Kits
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How Are Emerging Trends Reshaping The Dynamics Of The Minor Procedure Kits And Trays Market?
Key players in the minor procedure kits and trays industry are concentrating on product innovation, such as incorporating sustainable materials to slash plastic waste and carbon dioxide equivalent (CO2e) emissions during major surgery. Sustainable materials are produced, used, and discarded in a manner that has minimal environmental ramifications, preserving resources for subsequent generations. For instance, in February 2023, the US-based NewGen Surgical Inc., a firm specializing in medical devices and surgical products, launched the Bio-Based Surgical Compartment Trays. These are crafted to substitute single-use plastics during surgery, providing an eco-friendly option that reduces plastic waste and CO2e emissions. These trays are significant for their capability to effect quantifiable reductions in environmental impact, particularly for prevalent ophthalmology procedures. Importantly, their USDA BioPreferred Certification highlights their dedication to sustainability.
Who Are the Key Players In The Minor Procedure Kits And Trays Market?
Major companies operating in the minor procedure kits and trays market are:
• Cardinal Health Inc.
• Johnson & Johnson Services Inc.
• 3M Company
• Medtronic PLC
• Becton Dickinson and Company (BD)
• Stryker Corporation
• Henry Schein Inc.
• Owens & Minor Inc.
• B. Braun Melsungen AG
• Smith & Nephew plc
• Steris plc
• Teleflex Incorporated
• Hartmann Group
• Mölnlycke Health Care AB
• Halyard Health Inc.
• Integra LifeSciences Corporation
• Aspen Surgical Products Inc.
• Bioseal LLC
• ITL Health Group
• Bluekit Medical LLC
• QuickMedical
What Are The Regional Insights Into The Minor Procedure Kits And Trays Market?
North America was the largest region in the minor procedure kits and trays market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the minor procedure kits and trays market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
