The global custom procedure kits market is expected to grow from $6.62 billion in 2022 to $7.31 billion in 2023 at a compound annual growth rate (CAGR) of 10.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The custom procedure kits market is expected to reach $10.45 billion in 2027 at a CAGR of 9.3%
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Product innovation is a key trend gaining popularity in the customs procedure kit market. Major companies operating in the custom procedure kits market are focused on product innovations to sustain their position in the market. For instance, in April 2021, Synertech Ltd., a UK-based medical device company providing surgical solutions, launched the single-use sterile dural repair procedure pack. The kit is ideal for ambulatory surgery centers or hospitals because all the components are in an easy-to-use, single-use, clean procedure pack. The set includes a pair of 7-inch micro needle holders with lock forceps, 7-inch micro scissors for discectomy, and a 6.0-inch polypropylene suture with a round body and a 12-inch needle.
The custom procedure kits market is segmented:
1) By Procedure: Colorectal, Thoracic, Orthopedic, Ophthalmology, Neurosurgery, Cardiac Surgery, Gynecology, General Surgery, Urology, Other Procedures
2) By Product: Disposable, Reusable
3) By End-User: Hospitals, Ambulatory Surgical Centers, Clinics, Other End Users
North America was the largest region in the custom procedure kits market in 2022.
The table of contents in TBRC’s custom procedure kits market report includes:
1. Executive Summary
2. Custom Procedure Kits Market Characteristics
3. Custom Procedure Kits Market Trends And Strategies
4. Custom Procedure Kits Market – Macro Economic Scenario
5. Global Custom Procedure Kits Historic Market Size and Growth, 2017 – 2022, Value ($ Billion)
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32. Global Custom Procedure Kits Market Competitive Benchmarking
33. Global Custom Procedure Kits Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Custom Procedure Kits Market
35. Custom Procedure Kits Market Future Outlook and Potential Analysis
36. Appendix
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