Market Overview:
The global medical instrument kits market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for minimally invasive surgeries, rising prevalence of chronic diseases, and technological advancements in medical instruments. Based on type, the global medical instrument kits market is segmented into dentistry, orthopedics, neurology, and other types. The dentistry segment is expected to grow at the highest CAGR during the forecast period owing to increasing demand for dental implants and other dental procedures. Based on application, the hospital segment dominates the global medical instrument kits market followed by clinics and others segments respectively.
Product Definition:
A medical instrument kit is a collection of medical instruments, usually packaged together in a single container. The purpose of a medical instrument kit is to provide healthcare professionals with the necessary tools to perform certain procedures or treatments.
Dentistry:
Dentistry is the branch of medicine that is concerned with prevention and cure of dental disorders, mainly oral diseases. Dental instruments are used for examination, diagnosis, and treatment of various dental problems.
Orthopedics:
Orthopedics is the branch of medicine that deals with injuries and disorders of bones, joints, ligaments and muscles. It also helps in treating diseases related to blood vessels, nerves and soft tissues around the bone. The orthopedic devices market is expected to witness lucrative growth over the forecast period owing to factors such as increasing geriatric population base coupled with rising prevalence rate of musculoskeletal disorders globally.
Application Insights:
Based on application, the global medical instrument kits market is segmented into hospital, clinic and others. The hospital segment dominated the overall market in terms of revenue in 2017. This high share is attributable to factors such as increasing number of surgeries and rising prevalence of chronic diseases across all regions. Moreover, an increase in government funding for healthcare infrastructure development along with rising investments by pharmaceutical companies are further expected to drive growth over the forecast period.
The Clinic segment held a significant share owing to factors such as growing awareness about regular checkups and early detection of diseases coupled with an increase in spending capacity among middle-class population groups at a global level which has resulted in increased demand for medical equipment & supplies at clinics across all regions globally. Furthermore, favorable government policies regarding installation and maintenance of diagnostic centers will also positively impact industry growth over the forecast period globally.
The Others application category includes things like sports medicine clinics, travel medicine clinics etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D investments by various companies and rising adoption of advanced technologies in clinical trials & diagnosis across this region. Moreover, high purchasing power of patients and healthcare expenditure are also contributing toward growth of this regional market.
Asia Pacific is anticipated to witness lucrative CAGR over the forecast period owing to factors such as improving healthcare infrastructure, growing medical tourism, increase in per capita income & awareness about early diagnosis & treatment options for chronic diseases among others. In addition, rise in number of clinical studies being conducted for drug approval will drive demand for these kits within Asia Pacific region during the forecast period (2018-2030).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global medical instrument kits market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing demand for minimally invasive surgeries. Minimally invasive surgeries are less risky and cause less pain as compared to traditional open surgery procedures. This is driving the adoption of medical instrument kits globally.
- Technological advancements in medical instruments: The development of new and innovative surgical instruments has led to an increase in the use of medical instrument kits for various surgical procedures. For instance, laparoscopic surgery, which is a type of minimally invasive surgery, requires specialized tools that are often included in medical instrument kits. This is contributing significantly to the growth of the global market for medical instrument kits.
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Instrument Kits Market Research Report
By Type
Dentistry, Orthopedics, Neurology
By Application
Hospital, Clinic, Others
By Companies
Aesculap, Arthrex, Biomet, Depuy Synthes, Orthofix, OsteoMed, Teknimed, Stryker, KLS Martin Group, DR MEDICAL, Micromed Medizintechnik, Kirwan Surgical Products, IMEDICOM, Zimmer
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Medical Instrument Kits Market Report Segments:
The global Medical Instrument Kits market is segmented on the basis of:
Types
Dentistry, Orthopedics, Neurology
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
Hospital, Clinic, 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:
- Aesculap
- Arthrex
- Biomet
- Depuy Synthes
- Orthofix
- OsteoMed
- Teknimed
- Stryker
- KLS Martin Group
- DR MEDICAL
- Micromed Medizintechnik
- Kirwan Surgical Products
- IMEDICOM
- Zimmer
Highlights of The Medical Instrument Kits 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:
- Dentistry
- Orthopedics
- Neurology
- By Application:
- Hospital
- Clinic
- 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 Medical Instrument Kits 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?
Medical instrument kits are a collection of medical supplies and equipment that can be used by healthcare professionals in the diagnosis and treatment of patients. They may include items such as needles, scalpels, sutures, X-rays, and other diagnostic tools.
Some of the major players in the medical instrument kits market are Aesculap, Arthrex, Biomet, Depuy Synthes, Orthofix, OsteoMed, Teknimed, Stryker, KLS Martin Group, DR MEDICAL, Micromed Medizintechnik, Kirwan Surgical Products, IMEDICOM, Zimmer.
The medical instrument kits market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Instrument Kits 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 Medical Instrument Kits Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Instrument Kits 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 Medical Instrument Kits 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 Medical Instrument Kits Market Size & Forecast, 2018-2028
4.5.1 Medical Instrument Kits Market Size and Y-o-Y Growth
4.5.2 Medical Instrument Kits Market Absolute $ Opportunity
Chapter 5 Global Medical Instrument Kits 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 Medical Instrument Kits Market Size Forecast by Type
5.2.1 Dentistry
5.2.2 Orthopedics
5.2.3 Neurology
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Instrument Kits 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 Medical Instrument Kits Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Instrument Kits 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 Medical Instrument Kits 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 Medical Instrument Kits Analysis and Forecast
9.1 Introduction
9.2 North America Medical Instrument Kits 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 Medical Instrument Kits Market Size Forecast by Type
9.6.1 Dentistry
9.6.2 Orthopedics
9.6.3 Neurology
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 Medical Instrument Kits Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 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 Medical Instrument Kits Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Instrument Kits 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 Medical Instrument Kits Market Size Forecast by Type
10.6.1 Dentistry
10.6.2 Orthopedics
10.6.3 Neurology
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 Medical Instrument Kits Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 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 Medical Instrument Kits Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Instrument Kits 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 Medical Instrument Kits Market Size Forecast by Type
11.6.1 Dentistry
11.6.2 Orthopedics
11.6.3 Neurology
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 Medical Instrument Kits Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 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 Medical Instrument Kits Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Instrument Kits 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 Medical Instrument Kits Market Size Forecast by Type
12.6.1 Dentistry
12.6.2 Orthopedics
12.6.3 Neurology
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 Medical Instrument Kits Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 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) Medical Instrument Kits Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Instrument Kits 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) Medical Instrument Kits Market Size Forecast by Type
13.6.1 Dentistry
13.6.2 Orthopedics
13.6.3 Neurology
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) Medical Instrument Kits Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 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 Medical Instrument Kits Market: Competitive Dashboard
14.2 Global Medical Instrument Kits Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aesculap
14.3.2 Arthrex
14.3.3 Biomet
14.3.4 Depuy Synthes
14.3.5 Orthofix
14.3.6 OsteoMed
14.3.7 Teknimed
14.3.8 Stryker
14.3.9 KLS Martin Group
14.3.10 DR MEDICAL
14.3.11 Micromed Medizintechnik
14.3.12 Kirwan Surgical Products
14.3.13 IMEDICOM
14.3.14 Zimmer
