Market Overview:
The global surgical kits market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the surgical kits market can be attributed to the increasing number of surgeries, technological advancements in surgical procedures, and rising demand for minimally invasive surgeries. In addition, the growing geriatric population and increasing prevalence of chronic diseases are also contributing to the growth of the global surgical kits market. On the basis of type, disposable surgical kits are expected to account for a larger share than reusable surgical kits during the forecast period. This can be attributed to their low cost and easy disposal after use. On the basis of application, hospitals are expected to account for a larger share than specialty clinics and ambulatory surgery centers (ASCs) duringthe forecast period owingto their large patient baseand higher adoption ratesof surgicalsolutions .
Product Definition:
A surgical kit is a collection of tools and supplies used during surgery. It may be a general-purpose kit or one designed for a specific type of surgery. The importance of surgical kits lies in their ability to provide the necessary equipment and supplies to allow surgeons to safely and effectively perform surgeries.
Disposable:
The global disposable is expected to grow at a lucrative CAGR of XX% during the forecast period. The growth can be attributed to factors such as growing awareness about hospital acquired infections (HAIs), increasing prevalence of chronic diseases, and rising geriatric population.
According to estimates published by the United Nations in 2012, globally there were 703 million people aged 65 years or above.
Reusable:
Reusable surgical instruments are medical devices which can be used more than once. These instruments are made of durable materials such as stainless steel, titanium alloys, polymers and ceramics. The most commonly reusable surgical instrument is the scalpel; it is a knife like device with two or more sharp cutting edges which is used for cutting tissues or body fluids during surgeries. Other widely used reusable surgical instruments include forceps, retractors, graspers clamps etc.
Application Insights:
Based on application, the global surgical kits market is segmented into hospitals, specialty clinics and ASCs, and others. Hospitals held the largest share in 2017 owing to increasing government initiatives for improving healthcare infrastructure at a national level. For instance, China¢â‚¬â„¢s Ministry of Finance announced a plan in 2015 to invest USD 85 billion over the next five years on building new hospitals and upgrading existing facilities to improve healthcare services at a national level. Such initiatives are expected to drive demand for surgical instruments over the forecast period.
The specialty clinic & ASCs segment is projected register significant growth during the forecast period due largely disposable nature of these procedures that require less equipment compared with hospital-based surgeries or open surgeries performed in an emergency room or intensive care unit setting.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period due to increasing cases of chronic diseases and rising geriatric population, thereby requiring surgical interventions. In addition, growing awareness regarding advanced surgical procedures and availability of technologically advanced products are some other factors driving growth in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving healthcare infrastructure and rising demand for minimally invasive surgeries especially for ambulatory care centers such as ASCs & hospitals. Furthermore, government initiatives encouraging medical tourism are expected drive regional market during the forecast period. For instance, Medical Tourism Month (MTM) organized by Ministry of Tourism & Culture, Government of India aims at promoting international travel for medical purposes which will ultimately boost revenue generation in this region’s market space over a span of few years from 2018 till 2020-21 season (till November).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global surgical 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 traumatic and result in shorter hospital stays, which is driving the growth of the surgical kits market.
- Technological advancements: The surgical kits market is witnessing technological advancements with companies introducing new products and technologies that offer better performance and efficiency. This is helping to drive the growth of the surgical kits market.
- Rising geriatric population: The global geriatric population is growing at a rapid pace, which is leading to an increase in age-related diseases such as cancer, heart disease, and arthritis, among others. This is resulting in an increase in demand for surgery, thereby driving the growth of the surgical kits market worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Surgical Kits Market Research Report
By Type
Disposable, Reusable
By Application
Hospitals, Specialty Clinics, Ambulatory Surgical Centers (ASCs), Others
By Companies
Ophthalmology, Orthopedic, Neurosurgery, Cardiac Surgery, General Surgery, Gynecology, Urology
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
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Surgical Kits Market Report Segments:
The global Surgical Kits market is segmented on the basis of:
Types
Disposable, Reusable
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, Specialty Clinics, Ambulatory Surgical Centers (ASCs), 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:
- Ophthalmology
- Orthopedic
- Neurosurgery
- Cardiac Surgery
- General Surgery
- Gynecology
- Urology
Highlights of The Surgical 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:
- Disposable
- Reusable
- By Application:
- Hospitals
- Specialty Clinics
- Ambulatory Surgical Centers (ASCs)
- 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 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.
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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 kits are a collection of items that are used during surgery. They may include items such as surgical gloves, masks, aprons, scissors, and other medical supplies.
Some of the key players operating in the surgical kits market are Ophthalmology, Orthopedic, Neurosurgery, Cardiac Surgery, General Surgery, Gynecology, Urology.
The surgical 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 Surgical 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 Surgical Kits Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Surgical 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 Surgical 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 Surgical Kits Market Size & Forecast, 2018-2028 4.5.1 Surgical Kits Market Size and Y-o-Y Growth 4.5.2 Surgical Kits Market Absolute $ Opportunity
Chapter 5 Global Surgical 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 Surgical Kits Market Size Forecast by Type
5.2.1 Disposable
5.2.2 Reusable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Surgical 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 Surgical Kits Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Specialty Clinics
6.2.3 Ambulatory Surgical Centers (ASCs)
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Surgical 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 Surgical 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 Surgical Kits Analysis and Forecast
9.1 Introduction
9.2 North America Surgical 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 Surgical Kits Market Size Forecast by Type
9.6.1 Disposable
9.6.2 Reusable
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 Surgical Kits Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Specialty Clinics
9.10.3 Ambulatory Surgical Centers (ASCs)
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 Surgical Kits Analysis and Forecast
10.1 Introduction
10.2 Europe Surgical 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 Surgical Kits Market Size Forecast by Type
10.6.1 Disposable
10.6.2 Reusable
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 Surgical Kits Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Specialty Clinics
10.10.3 Ambulatory Surgical Centers (ASCs)
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 Surgical Kits Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Surgical 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 Surgical Kits Market Size Forecast by Type
11.6.1 Disposable
11.6.2 Reusable
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 Surgical Kits Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Specialty Clinics
11.10.3 Ambulatory Surgical Centers (ASCs)
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 Surgical Kits Analysis and Forecast
12.1 Introduction
12.2 Latin America Surgical 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 Surgical Kits Market Size Forecast by Type
12.6.1 Disposable
12.6.2 Reusable
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 Surgical Kits Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Specialty Clinics
12.10.3 Ambulatory Surgical Centers (ASCs)
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) Surgical Kits Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Surgical 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) Surgical Kits Market Size Forecast by Type
13.6.1 Disposable
13.6.2 Reusable
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) Surgical Kits Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Specialty Clinics
13.10.3 Ambulatory Surgical Centers (ASCs)
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 Kits Market: Competitive Dashboard
14.2 Global Surgical Kits Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ophthalmology
14.3.2 Orthopedic
14.3.3 Neurosurgery
14.3.4 Cardiac Surgery
14.3.5 General Surgery
14.3.6 Gynecology
14.3.7 Urology