Custom Procedure Kits Market Size, Share & Trends Analysis Report By Product (Disposable, Reusable), By Procedure (Colorectal, Thoracic, Orthopedic, Ophthalmology), By End-user, By Region, And Segment Forecasts, 2023 - 2030

Report Overview

The global custom procedure kits market size was valued at USD 6.67 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 10.95% from 2023 to 2030. The demand for these kits is increasing due to technological advancements, an increase in the prevalence of chronic disease, increasing demand for reusable custom procedure kits to minimize medical waste, strategic initiatives by key companies, and the rising adoption of kits in homecare settings. These kits provide all instruments and tools essential to carry out a particular diagnostic or surgical treatment. Although these kits are not used in every medical procedure, they are preferred during the management of cardiovascular, neurovascular, ophthalmic, and orthopedic conditions & diseases, as well as for wound management & dental practices.

Custom procedure kits provide surgeons and healthcare practitioners with a single-use option for sterile surgical tools and instruments. Trays and kits that are preconfigured and prepackaged remove the need to stock individual components in bulk. As a result, prepackaged custom procedural solutions can increase service quality by facilitating efficient inventory management.

Some of the market's primary drivers are cost savings and extra benefits to visiting patients, such as enhanced healthcare, cutting-edge technologies, sophisticated products, breakthrough medicines, superior hospitality, and personalized care. Medical procedures may compel people to go to other nations in search of better care at a lower cost. Cosmetic surgery at a cheaper cost is a very popular medical tourism option. According to a CNN health news article published in February 2019, getting surgery overseas saves between 40% and 80% of the entire cost. Brazil, Japan, Italy, Mexico, Russia, India, Turkey, Germany, and France are the top locations for people seeking cosmetic surgery.

Furthermore, a decrease in procurement time and costs is another major factor that is anticipated to spur market growth in the near future. Generic procedure tray packages have fixed components with uniform packaging. Post-unpacking, unused instruments from the tray need to be sterilized again before the next surgery, as their contamination risk is quite high, potentially increasing hospital waste. Generic packs may also contain instruments unnecessary for a certain hospital, clinic, or specific procedure. According to an article published by Nohrm Europe in September 2021, out of 40 consumables included in premade kits for tonsil surgery at one U.S. hospital, 12 were unnecessary single-use products. By eliminating these consumables, the price per pack dropped from USD 77.29 to USD 66.04.

The increasing demand for technologically advanced products, such as lightweight & breathable fabric material gowns, followed by lucrative marketing strategies are expected to boost the revenue growth of the custom procedure kits market in the forecast period. Surgical gowns help in preventing bacteria and various pathogens from entering the surgeon’s body. The medical sector relies on disposables to safeguard healthcare providers and patients against various viruses & bacteria, thus driving the need for readily available sterile supplies, which can later be disposed of. To overcome this issue of disposable waste, a Mexican startup, MEDU, in December 2022, manufactured reusable, washable full-body suits, gowns, & masks and subsequently significantly reduced the carbon footprint of Personal Protective Equipment (PPE).

Product Insights

Disposables held the largest market share of around 56.60% in 2022. A custom procedure tray delivers sterile packages that can be customized as per a patient. All the disposable products needed for surgery are included in the kits. This concept can be applied to an entire surgical unit.

The kits frequently incorporate single-use, disposable components that operate equally well as reusable ones. Products intended for one-time use do not require astringent disinfectant methods. In addition, many single-use products in custom procedure kits may frequently be recycled, which is good for the environment and anticipated to impel market growth in the near future.

The reusable segment is expected to expand at the highest CAGR in the forecast period from 2023 to 2030. All the necessary components are included in these nonsterile custom kits. For both, patient and practitioner, reusable kits offer effectiveness and convenience. By using these reusable custom kits, a facility can continue to operate in accordance with its policies and procedures, as well as with federal regulations.

Due to the stronger implementation of infection control protocols within the medical environment, single-use custom procedure kits have particularly gained popularity. These kits have been a natural choice for hospitals as they guarantee adherence to safety requirements as well as allowing control over nosocomial & iatrogenic infections in the operating room.

Procedure Insights

The orthopedic segment held the largest market share of 19.52% in 2022. The segment will maintain its dominance in the forecast period due to the rising number of cases of bone diseases and the growing geriatric population across the globe. Product innovations and favorable reimbursement in orthopedic surgery are also likely to drive the segment. Orthopedic surgery necessitates highly sterile operating rooms and accurate medical equipment. The orthopedic custom pack range offers the surgical team high-quality items that may be tailored to the customer's specifications. Its designs are based on clinically driven protocols.

The others segment is expected to exhibit the fastest CAGR from 2023 to 2030. The others segment includes procedure kits used in minor nonsurgical procedures. Procedure kits for nonsurgical procedures contain disposable and non-disposable products and are used in procedures that involve no risk of infection to patients. Kits included in this segment are IV start kits, central line dressing trays, suture removal kits, and laceration trays.

The growing number of surgeries globally is a key factor expected to drive the growth of the market for custom procedure kits during the forecast period. The advent of minimally invasive and noninvasive procedures has increased the number of surgeries performed every year. This is also expected to fuel product demand in the near future.

All the tools and devices needed to perform a specific surgical or diagnostic operation are included in custom procedure kits. Although these kits are not utilized in every medical operation, they are recommended when treating disorders, as well as for wound care and dental procedures.

End-user Insights

Hospitals held the largest market share of around 45.79% in 2022. Custom Procedure Trays & Packs (CPTPs) offer hospitals off-the-shelf convenience, cheaper prices, and more efficient operating rooms with a shorter turnaround time between procedures. Furthermore, these products facilitate inventory reduction, storage, and delivery schedules. The kits are ideal for hospitals as they assure adherence to safety rules as well as help prevent nosocomial & iatrogenic infections in the operating area. However, more hospitals are actively involved in reducing the impact of operating rooms on the environment. In the coming years, reusable and reprocessable kits would take precedence over single-use or disposable sets.

Ambulatory surgical centers are projected to exhibit the fastest CAGR in the forecast period, which can be attributed to their advantages such as shortened hospital stays. Moreover, various government initiatives are being undertaken to spread awareness about the benefits of surgical treatments in these centers, such as early mobilization of patients, low risk of hospital-acquired infections, and rapid recovery.

Regional Insights

North America held the largest market share of around 44.60% in 2022. An increase in the number of surgical procedures/hospital visits, the presence of well-established healthcare infrastructure, and favorable reimbursement & regulatory policies in the healthcare industry are among the factors expected to create significant growth opportunities in the market. In addition, the availability of skilled professionals, and high disposable income in developed economies are some of the factors responsible for the large share of the North America custom procedure kits market.

Asia Pacific is expected to exhibit the fastest growth during the forecast period. A large patient pool and the growing need for technologically improved and cost-effective healthcare solutions are predicted to create considerable regional growth potential in the market. As a result of low-cost services and an increase in clinical trials, multinational businesses are making significant R&D investments to tap into untapped markets in the Asia Pacific. These factors will have a significant impact on the market. A few other factors promoting market expansion in the region are improvements in clinical development framework in developing nations and a rise in hospital admission. In addition, it is anticipated that in the coming years, the burden of chronic diseases and the rising older population in the Asia Pacific would drive demand for custom procedure kits. The three most prevalent diseases in the area, according to WHO, were cancer, diabetes, and cardiovascular disorders. However, the region's market expansion could be hampered by a shortage of experienced professionals, a lack of advanced healthcare facilities, and a poor reimbursement environment.

Key Companies & Market Share Insights

As the demand for custom procedure kits increases, global manufacturers are accelerating their production processes and modernizing them with cost-effective solutions. To support the growing demand for various applications, leading companies in the global market are pushing for higher product quality. For instance, in August 2022, McKesson Corporation affiliate, McKesson Medical-Surgical, supported as a sponsor of National Health Center Week 2022. In addition, the company is contributing giveaway products, which include 175 kits with hand sanitizers, adhesive bandages & holders, lip balms, tissues, toothpaste, and various personal care products to community healthcare centers, for distributing to their healthcare service providers, consumers, & patients.

In addition, in December 2022, Medline Industries donated medical supplies to the citizen of Ukraine as a part of the European Commission's rescEU program. The company's contribution to Ukraine government comprises 59 pallets along with 14 tonnes of medical supplies, which included delivery kits, oxygen therapy equipment, scrub suits, and scalpels & sutures. Some prominent players in the global custom procedure kits market include:

• Mölnlycke Health Care

• Medline Industries

• Teleflex Incorporated

• Owens & Minor

• Medtronic

• Cardinal Health

• McKesson Corporation

• Smith’s Medical (ICU Medical, Inc.)

• Terumo Cardiovascular Systems Corporation

• Santex S.p.A.

Custom Procedure Kits Market Report Scope

Global Custom Procedure Kits Market Report Segmentation

This report forecasts revenue growth and provides an analysis on the latest trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global custom procedure kits market report based on product, procedure, end-user, and region:

• Product Outlook (Revenue; USD Million; 2018 - 2030)

  • Disposable

  • Reusable

• Procedure Outlook (Revenue; USD Million; 2018 - 2030)

  • Colorectal

  • Thoracic

  • Orthopedic

  • Ophthalmology

  • Neurosurgery

  • Cardiac Surgery

  • Gynecology

  • General Surgery

  • Urology

  • Others

• End-user Outlook (Revenue; USD Million; 2018 - 2030)

  • Hospitals

  • Ambulatory Surgical Centers

  • Clinics

  • Others

• Regional Outlook (Revenue; USD Million; 2018 - 2030)

  • North America

    • U.S.

    • Canada

  • Europe

    • U.K.

    • Germany

    • France

    • Italy

    • Spain

    • Norway

    • Denmark

    • Sweden

  • Asia Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Thailand

  • Latin America

    • Brazil

    • Mexico

    • Argentina

  • Middle East and Africa (MEA)

    • South Africa

    • Saudi Arabia

    • UAE

    • Kuwait