Market Overview:
The global instrument trays market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for minimally invasive surgeries, rising number of hospitals and clinics, and growing awareness about hygiene and infection control. Based on type, the global instrument trays market is segmented into stainless steel trays, plastic trays, and others. Stainless steel trays are expected to account for the largest share of the global instrument tray market in 2018 owing to their durability and resistance against corrosion. Plastic trays are projected to grow at a higher CAGR during the forecast period as they are lightweight and easy-to-clean. Based on application, the global instrument tray market is segmented into hospitals, clinics, ambulatory surgical centers (ASCs), and others. Hospitals accounted for the largest share of the global instrument tray market in 2017 due to increasing number of surgeries performed in this setting every year.
Product Definition:
An instrument tray is a sterile surface that holds medical instruments during an operation. They are typically made of metal or plastic and come in different sizes and shapes. Instrument trays are important because they keep the surgical environment clean and organized, which helps to prevent infection.
Stainless Steel Trays:
Stainless steel trays are used in medical and food industry for packaging of instruments, equipment & chemicals. It is a non-reactive metal alloy of iron, chromium, nickel and titanium. The product has the ability to withstand high temperature along with chemical reactions which makes it an ideal material for industrial applications.
The global stainless steel trays market size was valued at USD 557.1 million in 2016.
Plastic Trays:
Plastic trays are used to organize and store instruments in medical settings. They provide a convenient way to store instruments of all sizes, ranging from the most basic (instruments used for pinching, testing blood pressure) to the most complex (instruments used for operating on patients). Plastic trays can be purchased as individual units or in pre-packaged sets that contain various sizes.
Application Insights:
Based on the application, the market is segmented into hospitals, clinics, ambulatory surgical centers (ASCs), and others. The clinics segment dominated the global instrument trays market in 2017 owing to a high demand for cosmetic surgeries and increasing investments by healthcare companies in equipment manufacturing. According to WHO, it is estimated that around 1.7 billion people have some form of acne disorder across the globe which amounts to nearly 40% of all males and 30% of all females aged 14-30 years. This factor can be attributed towards high demand for cosmetic surgeries which may result in increased spending on medical devices thereby fueling growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to well-established healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare spending in this region. Moreover, growing adoption of new technologies and instruments by hospitals and ambulatory surgical centers is expected to drive the demand for these systems over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the coming years owing to increasing investments by governments as well as private players for improving healthcare facilities across countries such as India, China, Japan and others. In addition, rising medical tourism due to availability of advanced treatments at affordable costs will also boost industry growth in Asia Pacific region during the forecast period.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily owing to the increasing preference for minimally invasive procedures over traditional open surgery procedures, due to their shorter hospital stays, lower rates of post-operative complications and faster recoveries. Instrument trays are an essential part of any surgical procedure and will thus benefit from this growth in the overall market for surgical instruments and supplies.
- Rising prevalence of chronic diseases: The incidence of chronic diseases such as cancer, heart disease and diabetes is on the rise globally due to changing lifestyles and aging populations. These diseases require regular monitoring and treatment, which in turn drives demand for diagnostic tests and medical procedures requiring use of instrument trays.
- Technological advancements in medical devices: Rapid advancements in medical device technologies are resulting in introduction of new products into the market with enhanced features such as portability, accuracy etc., which are driving demand from hospitals & clinics worldwide.. This trend is particularly evident in the field of diagnostics where portable devices such as point-of-care testing (POCT) systems are becoming increasingly popular owing to their ease-of-use and fast turnaround times.. Instrument trays form an integral part these systems and will thus benefit from this trend towards technologically advanced medical devices .
Scope Of The Report
Report Attributes
Report Details
Report Title
Instrument Trays Market Research Report
By Type
Stainless Steel Trays, Plastic Trays, Others
By Application
Hospitals, Clinics, Ambulatory Surgical Centers, Others
By Companies
ALVO Medical, Belintra, Body Products, Fazzini, Lorien Industries, Mopec, Nuova BN S.r.l., Promotal, B. Braun
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Instrument Trays Market Report Segments:
The global Instrument Trays market is segmented on the basis of:
Types
Stainless Steel Trays, Plastic Trays, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Ambulatory Surgical Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ALVO Medical
- Belintra
- Body Products
- Fazzini
- Lorien Industries
- Mopec
- Nuova BN S.r.l.
- Promotal
- B. Braun
Highlights of The Instrument Trays Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stainless Steel Trays
- Plastic Trays
- Others
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Instrument Trays Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Instrument trays are a type of laboratory equipment used to hold and organize instruments. They can be made from a variety of materials, including metal, plastic, or glass. Instrument trays help to keep instruments organized and accessible, making it easier for scientists to work efficiently.
Some of the major companies in the instrument trays market are ALVO Medical, Belintra, Body Products, Fazzini, Lorien Industries, Mopec, Nuova BN S.r.l., Promotal, B. Braun.
The instrument trays market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Instrument Trays Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Instrument Trays Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Instrument Trays Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Instrument Trays Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Instrument Trays Market Size & Forecast, 2020-2028
4.5.1 Instrument Trays Market Size and Y-o-Y Growth
4.5.2 Instrument Trays Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Stainless Steel Trays
5.2.2 Plastic Trays
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Ambulatory Surgical Centers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Instrument Trays Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Instrument Trays Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Stainless Steel Trays
9.6.2 Plastic Trays
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Ambulatory Surgical Centers
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Stainless Steel Trays
10.6.2 Plastic Trays
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Ambulatory Surgical Centers
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Stainless Steel Trays
11.6.2 Plastic Trays
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Ambulatory Surgical Centers
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Stainless Steel Trays
12.6.2 Plastic Trays
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Ambulatory Surgical Centers
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Stainless Steel Trays
13.6.2 Plastic Trays
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Ambulatory Surgical Centers
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Instrument Trays Market: Competitive Dashboard
14.2 Global Instrument Trays Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ALVO Medical
14.3.2 Belintra
14.3.3 Body Products
14.3.4 Fazzini
14.3.5 Lorien Industries
14.3.6 Mopec
14.3.7 Nuova BN S.r.l.
14.3.8 Promotal
14.3.9 B. Braun
