The Surgical Kits Market Is to Reach USD 36.39 Billion, Growing at 7.10% By 2032

(EMAILWIRE.COM, July 27, 2024 ) Surgical Kits Market Size Was Valued at 19.63 USD Billion in 2023 and is Projected to Reach USD 36.39 Billion by 2032, Growing at 7.10% From 2024-2032.

Pune, 26 July 2024: Surgical Kits was valued at USD 19.63 Billion in 2023 and is expected to reach USD 36.39 Billion by 2032, with a CAGR of 7.10 %. Surgical kits are pre-arranged sets of small medical instruments and tools used in medical procedures, such as laparoscopies, appendectomies, plastic surgeries, tonsillectomies, eye surgeries, neurosurgicalA-laminectomies, rectal surgeries, labor delivery, and vaginal tubal ligations. They are crucial for surgeons and physicians to have the necessary tools for the operation, as they are already assembled for use. Surgical kits are essential in medical procedures such as laparoscopies, appendectomies, plastic surgeries, tonsillectomies, eye surgeries, neurosurgical-laminectomies, rectal surgeries, labor delivery, and vaginal tubal ligations. They typically contain clamps, towels, forceps, needle holders, probes, retractors, scalpel handles, scissors, bowls, and more. The presence of surgical kits is gaining importance in the medical industry, as they help the Central Supply Department reduce costs, labor, and risk of unavailability of the right supplies, leading to the growth of surgical kits in the global market.

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Surgical Kits Market Dynamics

The prevalence of cardiovascular illnesses has increased dramatically in recent years, and this trend is expected to continue during the forecast period. The aforementioned cause has led to a large number of cardiac procedures, which is fueling the surgical kits market potential. The expanding senior population and poor lifestyle choices are likely to increase the frequency of cardiovascular illnesses, driving surgical kit demand throughout the forecast period. Minimally Invasive (MI) surgery is increasingly being used in hospitals, clinics, and medical centers due to its less invasive nature and ability to reach internal organs without large incisions. This has led to a greater demand for customized surgical kits, which offer comfortable accessibility and are expected to continue growing in the future. Advancements in medical technology, such as advanced robotic surgery and image-guided surgery, have increased flexibility in the composition of these kits. These kits not only simplify procedures but also speed up organization and operations by having everything readily available in a single kit. Studies show that switching to MI kits has increased daily operations by 30-40%.

Surgical Kits Market Regional Insights

North America is expected to dominate the Surgical Kits market in the forecast period, with liposuction emerging as the leading surgical cosmetic procedure in the US in 2022. The region’s prominence in cosmetic procedures, including neurotoxin treatments, generates $3.3 billion in revenue. Liposuction also ranked as the most-performed surgical cosmetic procedure globally in 2021, making North America a key driver in the evolving surgical kit landscape.

Surgical Kits Market Segment Analysis

By Type:

Disposable

Reusable

The disposable surgical kit segment is expected to dominate the market during the forecast period. Surgical kits can be categorized into reusable and disposable types, with disposable kits having higher sales due to their higher usage in hospitals and specialty clinics. Hygiene and sanitation are crucial for efficient healthcare services, and contamination can lead to life-threatening issues. Around 234 million surgical procedures worldwide involve around 10% risk of acquiring surgical site infections, which increases patient stays by 9.7 days. 28% of these infections are due to equipment cleaning and sterilization. Disposable instruments are the only solution to eliminate contamination risks. Disposable surgical kits also offer cost-cutting advantages over reusable ones, as they require additional accessories and regular cleaning and maintenance. This makes disposable instruments a cost-effective solution for the healthcare sector.

By Procedure:

General Surgery

Cardiac Surgery

Ophthalmology

Orthopedic

Neurosurgery

Gynecology

Other Procedures

By End-User:

Hospitals

Specialty Clinics

Other End-Users

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GLOBAL SURGICAL KITS MARKET BY REGION

NORTH AMERICA

USA

Canada

Mexico

EASTERN EUROPE

Russia

Bulgaria

The Czech Republic

Hungary

Poland

Romania

Rest of Eastern Europe

WSTERN EUROPE

Germany

United Kingdom

France

The Netherlands

Italy

Spain

Rest of Western Europe

ASIA PACIFIC

China

India

Japan

South Korea

Malaysia

Thailand

Vietnam

The Philippines

Australia

New-Zealand

Rest Of APAC

MIDDLE EAST & AFRICA

Turkey

Bahrain

Kuwait

Saudi Arabia

Qatar

UAE

Israel

South Africa

SOUTH AMERICA

Brazil

Argentina

Rest of South America

Surgical Kits’ Key Competitors include:

3M Company (US)

Boston Scientific Corporation (US)

Johnson & Johnson Services Inc. (US)

Medline Industries LP (US)

Cardinal Health Inc. (US)

Stradis Healthcare (US)

Stryker Corporation (US)

Zimmer Biomet (US)

Xenco Medical (US)

Surgical Specialties Corporation (US) and other major players.

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Key questions answered in the Surgical Kits Market report are:

Which market segment dominated the Surgical Kits market in 2023?

What are the current trends in the Surgical Kits market?

What future industry applications and trends are emerging in the Canadian frozen Bakery market?

What growth strategies are companies adopting to expand their presence in the Surgical Kits market?

Who are the leading companies in the Canadian frozen Bakery market, and what are their product portfolios?

What are the primary challenges that the Surgical Kits market may face in the future?

Which region had the largest share of the Surgical Kits market in 2023?

How is the regulatory environment influencing the Surgical Kits market?

Key Offerings:

Market Size, Share, Size & Forecast by Different Segments | 2024−2032

Surgical Kits Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region

Market Trend Analysis

Pestle Analysis

Porter’s Five Forces Analysis

Industry Value Chain Analysis

Ecosystem

Regulatory Landscape

Price Trend Analysis

Patent Analysis

Technology Evolution

Investment Pockets

Surgical Kits Market Segmentation

Competitive Landscape – Profiles of selected key players in a strategic perspective

Competitive landscape – Competitive Benchmarking, Surgical Kits Market Share by Manufacturer (2023), Industry BCG Matrix, Heat Map Analysis, Mergers & Acquisitions

Analyst Viewpoint and Conclusion

Introspective Market Research, a prominent Healthcare research firm, has released the following reports:

Global Medical Kits Market: The Market for Medical Kits Estimated at USD 207.36 Million In the Year 2023, Is Projected to Reach a Size of USD 335.74 Million By 2032, Growing at A CAGR of 5.50% Over the Forecast Period 2024-2032

Global Surgical Tables Market: The Surgical Tables Market Size Was Valued at USD 1503.06 million in 2023, and is Projected to Reach USD 2717.17 million by 2032, Growing at a CAGR of 6.8% From 2024-2032.

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