The global market for prepackaged medical kits and trays is expected to reach $36.9 billion by 2024, according to Global Industry Analysts.
What you should know:
1. The market benefits from an increase in minimally invasive procedures at ASCs.
2. Market growth is also driven by:
- Rising healthcare costs
- Adoption of operating room outsourcing services
- Focus on reducing non-clinical workload
- Rising number of ophthalmology and cardiology procedures
- Rising popularity of disposable, single-use kits in orthopedic procedures
- Hospitals' increasing focus on cost, time, handling and workload reduction
- Outsourcing of sterilization and packaging processes
3. The U.S. represents the largest market share.
4. The Asia-Pacific market is experiencing the fastest growth, driven in part by new surgery center developments.