North America Procedure Trays Market Size & Outlook
North America procedure trays market, 2017-2030 (US$M)
Related Markets
North America procedure trays market highlights
- The North America procedure trays market generated a revenue of USD 8,640.2 million in 2023.
- The market is expected to grow at a CAGR of 11% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 8,640.2 million |
| Market revenue in 2030 | USD 17,912.9 million |
| Growth rate | 11% (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, North America region accounted for 44.4% 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 58.41% in 2023. Horizon Databook has segmented the North America procedure trays market based on or, angiography, ophthalmic covering the revenue growth of each sub-segment from 2017 to 2030.
North America dominated the procedure trays market in 2018 and is expected to maintain its position during the forecast period. Local presence of key market players and various initiatives undertaken by the government to encourage use of single-use medical supplies to prevent infections are some of the major factors anticipated to contribute to growth of this region.
Furthermore, increase in aging population and prevalence of chronic diseases, such osteoporosis & heartrelated problems, in the region coupled with high awareness about healthcare & advanced surgical procedures are likely to increase the demand for surgical procedures in this region. According to an article published by International Osteoporosis Foundation, by the year 2020, 44 million people in America above the age of 50 will have osteoporosis.
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Procedure Trays Market Scope
Procedure Trays Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America procedure trays market size, by country, 2017-2030 (US$M)
North America Procedure Trays Market Outlook Share, 2023 & 2030 (US$M)
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