UK Procedure Trays Market Size & Outlook, 2023-2030

The procedure trays market in UK is expected to reach a projected revenue of US$ 2,423.8 million by 2030. A compound annual growth rate of 13.9% is expected of UK procedure trays market from 2024 to 2030.
Revenue, 2023 (US$M)
$973.3
Forecast, 2030 (US$M)
$2,423.8
CAGR, 2024 - 2030
13.9%
Report Coverage
UK

UK procedure trays market highlights

  • The UK procedure trays market generated a revenue of USD 973.3 million in 2023 and is expected to reach USD 2,423.8 million by 2030.
  • The UK market is expected to grow at a CAGR of 13.9% 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.


Procedure trays market data book summary

Market revenue in 2023USD 973.3 million
Market revenue in 2030USD 2,423.8 million
Growth rate13.9% (CAGR from 2023 to 2030)
Largest segmentOr
Fastest growing segmentOR
Historical data2017 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationOR, Angiography, Ophthalmic
Key market players worldwideOwens & 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, UK accounted for 5.0% of the global procedure trays market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany procedure trays market is projected to lead the regional market in terms of revenue in 2030.
  • Germany is the fastest growing regional market in Europe and is projected to reach USD 3,481.9 million by 2030.

Or was the largest segment with a revenue share of 58.38% in 2023. Horizon Databook has segmented the UK procedure trays market based on or, angiography, ophthalmic covering the revenue growth of each sub-segment from 2017 to 2030.


High per capita income, presence of an established healthcare system & healthcare professionals, access to care facilities, availability of advanced devices, and favorable reimbursement policies are some of the key factors that can be attributed to the significant share in the market. The government sets the budget for NHS on a three-year cycle.

Presence of well-trained & skilled surgeons, technological advancements, high adoption of minimally invasive surgeries, government initiatives, and rising healthcare expenditure are anticipated to propel the demand for surgical procedures in the future. Market players are required to undergo a separate market approval process in the UK.

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Procedure Trays Market Companies

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UK procedure trays market size, by product, 2017-2030 (US$M)

UK Procedure Trays Market Outlook Share, 2023 & 2030 (US$M)

UK procedure trays market size, by product, 2017-2030 (US$M)

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