Custom Procedure Packs Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.90 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Custom Procedure Packs Market Analysis
The custom procedure packs (CPP) market is expected to register a CAGR of nearly 4.9% during the forecast period.
- COVID-19 had a slight impact on the custom procedure packs market. Procedure packs were reported to be used for hospitalized COVID-19 patients. For instance, an article published in Elsevier Public Health Emergency Collection in October 2021 suggested the use of a COVID epidural pack in an isolation room to reduce the risk of contamination of the entire medication or supply cart. The pack included one epidural kit, epidural infusion pump tubing, tegaderm and tape for securing the catheter, and a duraprep stick for skin prep. Therefore, the market was impacted during the pandemic as custom procedure packs reduce the chance of cross-contamination. The market is expected to register a stable growth rate during the forecast period.
- The factor contributing to the market growth is the rising global prevalence of chronic diseases such as cardiovascular diseases, orthopedic diseases, and emergency cases demanding surgical procedures. For instance, according to the Australian Bureau of Statistics, March 2022 update, the prevalence of heart disease in Australia was 4.0%, which represented 1.0 million people in 2021. Heart disease increased with age, from 2.3% of people aged 45-54 years to 23.2% of people aged 75 years and over. The same source stated that in 2021, 375.8 thousand individuals (1.5%) of all ages had chronic obstructive pulmonary disease (COPD) in Australia. The high burden of chronic diseases requiring surgeries and severe road accidents is projected to boost the demand for surgery or prophylaxis, which require procedure packs, thereby propelling the growth of the market.
- Several key market players are adopting strategic initiatives such as product launches, partnership, and acquisition, that is adding to the growth of the custom procedure packs market. For instance, in December 2021, Owens & Minor, Inc. acquired American Contract Systems (ACS), a Minnesota-based provider of kitting and sterilization services for Custom Procedure Tray (CPT) solutions. The acquisition will further strengthen the company's ability to meet and exceed customers' collective needs for surgical procedure packs.
- Furthermore, in April 2021, Synertech Medical launched its single-use, sterile Dural Repair Procedure Pack for use during surgical interventions. The kit comprises elements packed in a user-friendly, single-use, sterile procedure pack, which makes it useful for ambulatory surgery centers or hospitals. The rising launch of custom procedure packs by market players to expand their offerings is expected to fuel market growth during the forecast period.
- Therefore, owing to the high burden of chronic diseases requiring surgeries, a large number of accidents, product launches, and acquisitions by market players for expanding the offerings, the studied market is expected to grow significantly. However, the presence of unnecessary and faulty devices along with the procedure packs is expected to slow down the growth of the studied market over the forecast period.
Custom Procedure Packs Market Trends
Cosmetic Surgery Packs Segment is Expected to Register a Significant Market Share Over the Forecast Period
- With the rising demand for various surgical cosmetic procedures and plastic surgery globally, the demand for single-use or reusable cosmetic surgery packs is expected to grow during the forecast period. For instance, according to the Aesthetic Plastic Surgery National Databank 2021 report, surgical procedures increased by 54% in the United States in 2021.
- As per the report, the top 6 surgical procedures accounted for 1.5 million women and 0.84 million men in 2021. Out of the total surgical procedures, the number of eyes, ears, and nose procedures was 2.6 million in 2021, representing a growth of 47% compared to the prior year. Therefore, the large number of surgical cosmetic procedures is expected to propel the demand for cosmetic procedure packs during the forecast period.
- In addition, as per the American Cancer Society 2023 report, 300.6 thousand new breast cancer cases are predicted to be diagnosed in the United States in 2023. It accounts for 30% of the total new cancer cases in women in 2023. A breast implant is used to reconstruct the breast that is removed after surgery in breast cancer patients, which is expected to create a need for cosmetic packs during the process. Therefore, the increasing incidence of breast cancer boosts market growth.
- Furthermore, according to the WHO European Regional Obesity 2022 report, in the European Region, obesity and overweight have reached epidemic proportions, affecting almost 60% of adults. Also, according to NHS Digital, National Obesity Audit published in August 2022, a total of 4,035 people underwent primary bariatric procedures was conducted in England in 2021-2022.
- The bariatric procedures in England in 2021-2022 showed an increase of roughly 60% compared to the previous year. Therefore, the high burden of the population affected by obesity and the rising number of bariatric procedures is likely to add to the growth of the cosmetic fat reduction process or abdominoplasty requiring surgical packs during the procedure, which is expected to propel the growth of the segment. Thus, owing to the rising number of aesthetic procedures being performed around the world and the increasing number of product launches, the studied segment is expected to grow over the forecast period.
North America is Expected to Hold a Significant Market Share Over the Forecast Period
- North America is expected to hold a significant market share during the forecast period owing to the presence of robust healthcare infrastructure, an increasing number of surgical procedures, and an increasing prevalence of chronic diseases. In addition, the prevalence of hospital-associated infections (HAIs) in the region is increasing, and custom procedure packs can play a crucial role in reducing HAIs which is also expected to have a positive impact on the market.
- The high burden of obesity and cancer propels the demand for high adoption of minimally invasive surgical procedures, which is further expected to propel the market growth in the region. For instance, according to the Aesthetic Plastic Surgery National Databank 2021 report, total genitourinary surgery was 30.8 thousand in 2021 in the United States, representing an increase of 55% from the previous year. Also, according to the World Population Review 2022 data, around 29.4% of the people in Canada were affected by obesity. A large number of genitourinary surgeries in the region, along with the high burden of obesity, is expected to propel the utility of custom procedure packs for facilitating smooth surgical procedures.
- Additionally, the high burden of cancer in the region is expected to propel market growth. For instance, as per Canadian Medical Association Journal May 2022 report, an estimated 233.9 thousand people were diagnosed with cancer in 2022, including 28.6 thousand new breast cancer cases. The high burden of cancer is expected to propel the surgical procedures requiring custom procedure packs, thereby propelling the market growth during the forecast period.
- Furthermore, the data updated by Cedars-Sinai in January 2022 stated that coronary artery bypass graft surgery (CABG), also known as coronary artery bypass or bypass surgery, is the most common heart surgery, and more than 300 thousand successful CABG procedures are performed every year in the United States each year. A large number of CABG surgery in the region is expected to propel the demand for cardiovascular surgery packs during the forecast period.
- Several key market players have been adding to the growth of the customs procedure pack market by rising product launches, partnerships, and acquisitions to expand the solutions in the region. For instance, in March 2021, Atlanta-based Stradis Healthcare, specializing in medical device packaging and custom procedure kits and trays, was acquired by Henry Schein, Inc. Such activities are expected to add to the market growth. Therefore, owing to the rising number of surgeries in the North American region, along with the strong key players, the customs procedure packs market in the region is expected to grow over the forecast period.
Custom Procedure Packs Industry Overview
The custom procedure pack market is moderately competitive and consists of several players. A few of the major players currently dominating the market are adopting various development strategies, including the development of a website so that surgeons can order custom procedure packs as per their requirements. Others are increasing their sales force by partnering with distributors to consolidate their market position globally. Some of the key companies in the market are PrionTex, Medline Industries, Inc, Molnlycke Health Care AB, Owens & Minor Inc, and Cardinal Health Inc.
Custom Procedure Packs Market Leaders
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PrionTex
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Medline Industries Inc
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Molnlycke Health Care AB
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Cardinal Health Inc
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Owens & Minor Inc
*Disclaimer: Major Players sorted in no particular order
Custom Procedure Packs Market News
- August 2022: Pennine Healthcare was awarded the Medical Devices Regulation (MDR) Certification for its Class I Sterile, Class IIa, and Procedure Packs.
- April 2022: Merit Medical Systems launched the ReSolve Thoracostomy Tray, which contains all products needed for performing a thoracostomy, a minimally invasive technique that allows patients to avoid an open surgical procedure to drain fluids or air from the chest.
Custom Procedure Packs Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Volume of Surgical Procedures
4.2.2 Rising Development and Launches of Innovative Tools
4.3 Market Restraints
4.3.1 Presence of Faulty and Unnecessary Devices along with the Procedure Packs
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - in USD)
5.1 By Use
5.1.1 Single Use
5.1.2 Reusable
5.2 By Product
5.2.1 Cardiovascular Surgery Packs
5.2.2 Cosmetic Surgery Packs
5.2.3 General Surgery Packs
5.2.4 Orthopedic Surgery Packs
5.2.5 Other Products
5.3 By End-User
5.3.1 Hospitals
5.3.2 Clinics
5.3.3 Ambulatory Surgical Centers
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Italy
5.4.2.5 Spain
5.4.2.6 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 South Korea
5.4.3.6 Rest of Asia-Pacific
5.4.4 Middle East and Africa
5.4.4.1 GCC
5.4.4.2 South Africa
5.4.4.3 Rest of Middle East and Africa
5.4.5 South America
5.4.5.1 Brazil
5.4.5.2 Argentina
5.4.5.3 Rest of South America
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 PrionTex
6.1.2 Medline Industries, Inc
6.1.3 Molnlycke Health Care AB
6.1.4 Owens & Minor Inc
6.1.5 Cardinal Health Inc
6.1.6 B. Braun SE
6.1.7 Unisurge International Ltd
6.1.8 3M
6.1.9 Pennine Healthcare
6.1.10 Kimal Group
6.1.11 Med-italia Biomedica Srl
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Custom Procedure Packs Industry Segmentation
As per the scope of this report, a custom procedure pack is a single presentation of all the surgical consumable items required for a specific procedure in a single-packed sterile tray format. These packs are delivered to a hospital or surgeon on a just-in-time basis for use in operating theatres only, which helps in saving time and effort spent in ensuring the quality.
The custom procedure packs market is segmented by use (single-use and reusable), product (cardiovascular surgery packs, cosmetic surgery packs, general surgery packs, orthopedic surgery packs, and other products), end-user (hospitals, clinics, and ambulatory surgical centers), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Market report also covers the estimated market sizes and trends of 17 countries across major regions globally.
The report offers the value (in USD) for the above segments.
| By Use | |
| Single Use | |
| Reusable |
| By Product | |
| Cardiovascular Surgery Packs | |
| Cosmetic Surgery Packs | |
| General Surgery Packs | |
| Orthopedic Surgery Packs | |
| Other Products |
| By End-User | |
| Hospitals | |
| Clinics | |
| Ambulatory Surgical Centers |
| Geography | ||||||||
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Custom Procedure Packs Market Research FAQs
What is the current Custom Procedure Packs Market size?
The Custom Procedure Packs Market is projected to register a CAGR of 4.90% during the forecast period (2024-2029)
Who are the key players in Custom Procedure Packs Market?
PrionTex, Medline Industries Inc, Molnlycke Health Care AB, Cardinal Health Inc and Owens & Minor Inc are the major companies operating in the Custom Procedure Packs Market.
Which is the fastest growing region in Custom Procedure Packs Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Custom Procedure Packs Market?
In 2024, the North America accounts for the largest market share in Custom Procedure Packs Market.
What years does this Custom Procedure Packs Market cover?
The report covers the Custom Procedure Packs Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Custom Procedure Packs Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Custom Procedure Packs Industry Report
Statistics for the 2024 Custom Procedure Packs market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Custom Procedure Packs analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
