Asia Pacific Procedure Trays Market Size & Outlook
Asia Pacific procedure trays market, 2017-2030 (US$M)
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Asia Pacific procedure trays market highlights
- The Asia Pacific procedure trays market generated a revenue of USD 3,599.0 million in 2023.
- The market is expected to grow at a CAGR of 11.3% from 2024 to 2030.
- In terms of segment, or was the largest revenue generating product in 2023.
- OR is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, China is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 3,599.0 million |
| Market revenue in 2030 | USD 7,608.8 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | Or |
| Fastest growing segment | OR |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OR, Angiography, Ophthalmic |
| Key market players worldwide | Owens & Minor Inc, Cardinal Health Inc, 3M Co, Teleflex Inc, B. Braun, BD, Merit Medical Systems Inc, Mölnlycke Health Care, Hartmann Holdings, Medtronic PLC, CPT Medical |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 18.5% of the global procedure trays market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 13,583.6 million by 2030.
Or was the largest segment with a revenue share of 59.2% in 2023. Horizon Databook has segmented the Asia Pacific procedure trays market based on or, angiography, ophthalmic covering the revenue growth of each sub-segment from 2017 to 2030.
The Asia Pacific market is mainly driven by Japan and China. Japan dominated the market in terms of revenue share in 2018. In addition, China is anticipated to be the fastest growing market during the forecast period in this region. Increase in number of advanced well-equipped hospitals and large number of surgical procedures are expected to boost the market over the forecast period.
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Procedure Trays Market Scope
Procedure Trays Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific procedure trays market size, by country, 2017-2030 (US$M)
Asia Pacific Procedure Trays Market Outlook Share, 2023 & 2030 (US$M)
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