(PharmaNewsWire.Com, July 27, 2024 ) Surgical Kits Market Size Was Valued at 19.63 USD Billion in 2023 and is Projected to Reach USD 36.39 Billion by 2032, Growing at 7.10% From 2024-2032.
Pune, 26 July 2024: Surgical Kits was valued at USD 19.63 Billion in 2023 and is expected to reach USD 36.39 Billion by 2032, with a CAGR of 7.10 %. Surgical kits are pre-arranged sets of small medical instruments and tools used in medical procedures, such as laparoscopies, appendectomies, plastic surgeries, tonsillectomies, eye surgeries, neurosurgicalA-laminectomies, rectal surgeries, labor delivery, and vaginal tubal ligations. They are crucial for surgeons and physicians to have the necessary tools for the operation, as they are already assembled for use. Surgical kits are essential in medical procedures such as laparoscopies, appendectomies, plastic surgeries, tonsillectomies, eye surgeries, neurosurgical-laminectomies, rectal surgeries, labor delivery, and vaginal tubal ligations. They typically contain clamps, towels, forceps, needle holders, probes, retractors, scalpel handles, scissors, bowls, and more. The presence of surgical kits is gaining importance in the medical industry, as they help the Central Supply Department reduce costs, labor, and risk of unavailability of the right supplies, leading to the growth of surgical kits in the global market.
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The prevalence of cardiovascular illnesses has increased dramatically in recent years, and this trend is expected to continue during the forecast period. The aforementioned cause has led to a large number of cardiac procedures, which is fueling the surgical kits market potential. The expanding senior population and poor lifestyle choices are likely to increase the frequency of cardiovascular illnesses, driving surgical kit demand throughout the forecast period. Minimally Invasive (MI) surgery is increasingly being used in hospitals, clinics, and medical centers due to its less invasive nature and ability to reach internal organs without large incisions. This has led to a greater demand for customized surgical kits, which offer comfortable accessibility and are expected to continue growing in the future. Advancements in medical technology, such as advanced robotic surgery and image-guided surgery, have increased flexibility in the composition of these kits. These kits not only simplify procedures but also speed up organization and operations by having everything readily available in a single kit. Studies show that switching to MI kits has increased daily operations by 30-40%.
Surgical Kits Market Regional Insights
North America is expected to dominate the Surgical Kits market in the forecast period, with liposuction emerging as the leading surgical cosmetic procedure in the US in 2022. The region's prominence in cosmetic procedures, including neurotoxin treatments, generates $3.3 billion in revenue. Liposuction also ranked as the most-performed surgical cosmetic procedure globally in 2021, making North America a key driver in the evolving surgical kit landscape.
Surgical Kits Market Segment Analysis
By Type:
Disposable
Reusable
The disposable surgical kit segment is expected to dominate the market during the forecast period. Surgical kits can be categorized into reusable and disposable types, with disposable kits having higher sales due to their higher usage in hospitals and specialty clinics. Hygiene and sanitation are crucial for efficient healthcare services, and contamination can lead to life-threatening issues. Around 234 million surgical procedures worldwide involve around 10% risk of acquiring surgical site infections, which increases patient stays by 9.7 days. 28% of these infections are due to equipment cleaning and sterilization. Disposable instruments are the only solution to eliminate contamination risks. Disposable surgical kits also offer cost-cutting advantages over reusable ones, as they require additional accessories and regular cleaning and maintenance. This makes disposable instruments a cost-effective solution for the healthcare sector.
By Procedure:
General Surgery
Cardiac Surgery
Ophthalmology
Orthopedic
Neurosurgery
Gynecology
Other Procedures
By End-User:
Hospitals
Specialty Clinics
Other End-Users
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Introspective Market Research, a prominent Healthcare research firm, has released the following reports:
Global Medical Kits Market: The Market for Medical Kits Estimated at USD 207.36 Million In the Year 2023, Is Projected to Reach a Size of USD 335.74 Million By 2032, Growing at A CAGR of 5.50% Over the Forecast Period 2024-2032
Global Surgical Tables Market: The Surgical Tables Market Size Was Valued at USD 1503.06 million in 2023, and is Projected to Reach USD 2717.17 million by 2032, Growing at a CAGR of 6.8% From 2024-2032.
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