GLOBAL SURGICAL KITS MARKET IS EXPECTED TO FORESEE SIGNIFICANT GROWTH DURING THE FORECAST PERIOD. NORTH AMERICA TO WITNESS THE HIGHEST GROWTH
Global Surgical Kits Market is expected to reach the market valuation of US$ XX million by 2027 expanding at a reasonable CAGR of XX% during the forecast period (2021-2027) from US$ xx million in 2019. Surgical Kits typically contain an assortment of surgical tools and items for a particular type of procedure or surgery. Surgical kits are needed for lacerations, life-saving surgeries (heart surgery, brain surgery, etc), cosmetic surgeries, exploratory surgeries, or many other similar medical procedures.
The demand for Surgical Kits is witnessing an uptick on account of the rising number of chronic diseases and related surgical procedures globally. The increasing number of minimally invasive surgeries across the world. The most significant increases were seen in the oldest age groups. Companies are unlocking growth opportunities in dentistry to introduce digital revolution. For instance, DIO Implant an implant services provider is gaining recognition for its DIOnavi surgical kit, which supports the basics of digital implant dentistry. Such innovations are boosting growth for the surgical kits market. Manufacturers are increasing their production capabilities in TLIF/PLIF instruments and customized graphic trays. Modern designs in ROD reducers, silicon handles, and contractors are grabbing the attention of healthcare providers.
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Moreover, An increasing number of minimally invasive surgeries across the world. Hospitals require multiple surgical kits to have the necessary tools for surgical procedures. As per International society of Aesthetic Plastic Surgery, Global Face and head procedures increased by 13.5% in 2019, compared to 2018. In 2019, USA witnessed an 8.7% decrease in surgical procedures, although conducted most procedures worldwide (15.9% of total), as well as 19.3% of all nonsurgical procedures and 77.8% of injectables. Brazil performed the most surgical procedures (13.1% of total) and nonsurgical procedures there witnessed a 28% increase in the country. Furthermore, the introduction of new tools for a surgical procedure is further contributing to the growing market of surgical kits. For instance: In 2020 Vortex Surgical, announced the launch of the Vortex Surgical Convenience Kit. According to the company, the Vortex Surgical Convenience kit delivers convenience and ease of use, as well as ordering and operational efficiency, to hospitals, and ambulatory surgery centers. Moreover, Increasing technological development has also paved the way for high quality and highly efficient disposable surgical kits, as compared to traditional or reusable surgical kits. The total cost per use of the disposable forceps as just US$38. The cost per use for the reusable forceps came in at as much as US$415.
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The COVID-19 pandemic has brought clinicians under the scrutiny of healthcare organizations for establishing infection control. This has led to the avoidance of reusable surgical instruments in operating theaters. As such, companies in the surgical kits market are benefitting with a surge in the use of disposable surgical instruments. The practice of surgery across the globe is witnessing a slowdown. This is predicted to affect growth of the surgical kits market. companies in the surgical kits market are increasing awareness about proper hygiene, disinfection, and sanitization of surgical instruments before its utilization. For Instance: In 2020 Gesco Healthcare manufacturer of surgical implants & instruments, is broadening its product portfolio in sterilization trays, ROD grippers & holders, and bone probes.
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Based on the Product Type, the market is fragmented into Disposable and Reusable. The Disposable segment dominated the market in 2020, with XX% share. Disposable surgical kits are cost-effective, help in eliminate instrument cleaning and recycling, and reduce infection associated with surgery. Thus, increasing the efficiency of hospitals and surgical centers by increasing their productivity. Increasing demand for cost-effectiveness and efficienent medical devices has led to an increased focus on the usage of single-use and disposable product. Based on procedure the market is segmented into Ophthalmology, Orthopedic, Neurosurgery, Cardiac Surgery, General Surgery, Gynecology, Urology, Ear, Neck and Head, Others.
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Additionally, the report provides detailed analysis for major regions including North America (the U.S, Canada, Rest of North America), Europe (Germany, France, Spain, Italy, and United Kingdom and Rest of Europe), Asia-Pacific (China, Japan, Australia, India, South Korea, and the Rest of APAC), Rest of World. North America dominated the market with US$ XX million in 2020. An analysis of cataract surgery volumes the United States may face a backlog of 1.1 million to 1.6 million cataract procedures by 2022. The United States Surgical Kits Market is projected to grow with a significant CAGR in the forecast period. Some of the major players operating in the market includes Kimberly-Clark Corporation, Medline Industries, Inc., Cardinal Health, Paul Hartmann AG, Hogy Medical, 3M, OneMed, Stradis Healthcare, Zimmer Biomet, Molynlycke Healthcae AB
Global Surgical Kits Market Segmentation
Market Insight, by Product Type
Market Insight, by Procedure Type
- Cardiac Surgery
- General Surgery
- Ear, Neck and Head
Market Insight, by End User
- Speciality Clinics
- Ambulatory Surgical Centers
Market Insight, by Region
- North America Surgical Kits Market
- United States
- Rest of North America
- Europe Surgical Kits Market
- United Kingdom
- Rest of Europe
- Asia-Pacific Surgical Kits Market
- South Korea
- Rest of Asia-Pacific
- Rest of World Surgical Kits Market
Top Company Profiles
- Kimberly-Clark Corporation
- Medline Industries, Inc.
- Cardinal Health
- Paul Hartmann AG
- Hogy Medical
- Stradis Healthcare
- Zimmer Biomet
- Molynlycke Healthcae AB