Market Overview:
The global surgical instrument sterilization trays market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for minimally invasive surgeries and rising number of hospitals and clinics. In addition, the growing awareness about hygiene and safety is also propelling the growth of this market. Based on type, the global surgical instrument sterilization trays market can be segmented into metal surgical instrument sterilization trays and plastic surgical instrument sterilization trays. The metal surgical instrument sterilization tray segment is expected to dominate the global market during the forecast period owing to its properties such as durability, strength, and resistance against corrosion.
Product Definition:
Surgical Instrument Sterilization Trays are an important part of the sterilization process. They allow for instruments to be properly sterilized and help to prevent cross contamination.
Metal Surgical Instrument Sterilization Trays:
Metal surgical instrument sterilization trays are used for the sterilization of metal instruments in healthcare facilities. The factors that propel the growth of this market include increasing demand for infection control and safety, rising prevalence of chronic diseases, and growing number of surgeries performed globally. Moreover, technological advancements in medical devices industry increase its adoption rate among surgeons hence propelling the growth factor during surgical instrument sterilization process.
Plastic Surgical Instrument Sterilization Trays:
Plastic surgical instrument sterilization trays are used in the process of sterilizing medical instruments. It is a plastic container that has multiple compartments and each compartment has its own solution to reach inside the instrument for cleaning as well as maintaining it with required temperature during shipping and storage. The solutions used in these trays can be either water or ethylene oxide based or a combination of both.
Application Insights:
Based on application, the global surgical instrument sterilization trays market is segmented into hospitals, clinics and ambulatory surgical centers, and others. Hospitals held the largest share in 2017 owing to high usage of surgical instruments across various procedures. In addition, stringent government regulations regarding sterilization of medical equipment are driving the demand from this segment.
Clinics & Ambulatory Surgical Centers (CACs) are anticipated to be one of the fastest-growing segments over the forecast period due to increasing awareness about infection prevention among healthcare providers coupled with rising disposable income levels in developing countries such as China and India. Furthermore, a rise in number of cosmetic surgeries is expected to boost product demand from CACs over next few years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of key players, high adoption rate for advanced sterilization techniques, and increasing demand for minimally invasive surgeries. The U.S., which is one of the most developed countries in terms of healthcare infrastructure and technology, leads this region with a significant market share.
Asia Pacific is expected to grow at an exponential CAGR over the forecast period owing to factors such as improving healthcare facilities due to rising government spending on health care and growing medical tourism industry supported by low procedural costs associated with undergoing surgical procedures compared to North America or Europe. Moreover, increasing awareness regarding various surgical procedures through various media campaigns will drive demand over next eight years from 2018 till 2030 time span.
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 due to the increasing preference for minimally invasive procedures over traditional open surgery, owing to their shorter recovery times and lesser surgical trauma. This will lead to an increase in the demand for surgical instrument sterilization trays, as they are an essential part of any minimally invasive surgery kit.
- Rising incidence of hospital-acquired infections (HAIs): According to the Centers for Disease Control and Prevention (CDC), each year about 2 million people in the U.S. get infected with HAIs, resulting in around 100,000 deaths annually. Hospital-acquired infections can be caused by a variety of pathogens such as bacteria, viruses, and fungi. The most common type of hospital-acquired infection is pneumonia, which accounts for nearly one-third of all HAIs in hospitals worldwide . Sterilization trays play a critical role in preventing hospital-acquired infections by helping ensure that medical instruments are free from contaminants prior to use .
Scope Of The Report
Report Attributes
Report Details
Report Title
Surgical Instrument Sterilization Trays Market Research Report
By Type
Metal Surgical Instrument Sterilization Trays, Plastic Surgical Instrument Sterilization Trays
By Application
Hospitals, Clinics, Ambulatory Surgical Centers, Others
By Companies
Medline Industries, Cardinal Health, M, Molnlycke Healthcare, Smith & Nephew Plc, Placon, Terumo, Keir Surgical, PST Corp, Ethicon (Johnson & Johnson), Key Surgical, Roboz Surgical Instrument
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Surgical Instrument Sterilization Trays Market Report Segments:
The global Surgical Instrument Sterilization Trays market is segmented on the basis of:
Types
Metal Surgical Instrument Sterilization Trays, Plastic Surgical Instrument Sterilization Trays
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:
- Medline Industries
- Cardinal Health
- M
- Molnlycke Healthcare
- Smith & Nephew Plc
- Placon
- Terumo
- Keir Surgical
- PST Corp
- Ethicon (Johnson & Johnson)
- Key Surgical
- Roboz Surgical Instrument
Highlights of The Surgical Instrument Sterilization 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:
- Metal Surgical Instrument Sterilization Trays
- Plastic Surgical Instrument Sterilization Trays
- 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 Surgical Instrument Sterilization 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.
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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?
Surgical Instrument Sterilization Trays are a type of sterilization equipment used to clean and sterilize medical instruments. The trays use high-temperature radiation or chemicals to kill any bacteria or other microorganisms on the instruments.
Some of the major players in the surgical instrument sterilization trays market are Medline Industries, Cardinal Health, M, Molnlycke Healthcare, Smith & Nephew Plc, Placon, Terumo, Keir Surgical, PST Corp, Ethicon (Johnson & Johnson), Key Surgical, Roboz Surgical Instrument.
The surgical instrument sterilization trays market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Surgical Instrument Sterilization 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 Surgical Instrument Sterilization Trays Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Surgical Instrument Sterilization 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 Surgical Instrument Sterilization 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 Surgical Instrument Sterilization Trays Market Size & Forecast, 2020-2028
4.5.1 Surgical Instrument Sterilization Trays Market Size and Y-o-Y Growth
4.5.2 Surgical Instrument Sterilization 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 Metal Surgical Instrument Sterilization Trays
5.2.2 Plastic Surgical Instrument Sterilization Trays
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 Surgical Instrument Sterilization 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 Surgical Instrument Sterilization 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 Metal Surgical Instrument Sterilization Trays
9.6.2 Plastic Surgical Instrument Sterilization Trays
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 Metal Surgical Instrument Sterilization Trays
10.6.2 Plastic Surgical Instrument Sterilization Trays
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 Metal Surgical Instrument Sterilization Trays
11.6.2 Plastic Surgical Instrument Sterilization Trays
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 Metal Surgical Instrument Sterilization Trays
12.6.2 Plastic Surgical Instrument Sterilization Trays
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 Metal Surgical Instrument Sterilization Trays
13.6.2 Plastic Surgical Instrument Sterilization Trays
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 Surgical Instrument Sterilization Trays Market: Competitive Dashboard
14.2 Global Surgical Instrument Sterilization Trays Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medline Industries
14.3.2 Cardinal Health
14.3.3 M
14.3.4 Molnlycke Healthcare
14.3.5 Smith & Nephew Plc
14.3.6 Placon
14.3.7 Terumo
14.3.8 Keir Surgical
14.3.9 PST Corp
14.3.10 Ethicon (Johnson & Johnson)
14.3.11 Key Surgical
14.3.12 Roboz Surgical Instrument
