Market Overview:
The global medical procedure packs 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 number of surgical procedures, and growing awareness about hygiene and infection control. Based on type, the global medical procedure packs market is segmented into single use procedure packs and reusable procedure packs. Single use procedure packs are further sub-segmented into disposable Procedure Packs and sterilizable Procedure Packs. Reusable Procedure Packs are further sub-segmented into autoclavable Procedure Packs and non-autoclavable Procedure Packs. Based on application, the global medical procedure packs market is segmented into hospitals, clinics, ambulatory surgical centers (ASCs), and others (including research institutes & laboratories). Hospitals account for the largest share of the global medical procedure pack market in terms of revenue followed by clinics.
Product Definition:
Medical Procedure Packs (MPPs) are collections of medical supplies and equipment that are pre-packaged and labeled for a specific medical procedure. The packs are designed to be used by clinicians in the operating room, emergency department, or other clinical setting.
MPPs can help improve patient safety by ensuring that all the necessary supplies and equipment are readily available when needed. They can also help standardize care across different clinical settings.
Single Use Procedure Packs:
Single-use procedure packs are used in medical procedures to avoid infections. These packs contain minimum germs and maximum medicine, which helps to reduce the risk of infection. The procedure pack is a sterile package that contains all the tools required for a single medical or surgical procedure. Single-use procedure packs have replaced multi-usage disposables such as syringes and gloves in healthcare facilities across the globe owing to their better hygiene and lower cost factor compared with traditional disposables products.
Reusable Procedure Packs:
Reusable procedure packs are medical device packaging that is intended for a set of related surgical or diagnostic procedures. It is made from plastic, aluminum foil, and other metals to offer safety and protection to the instruments in transit. The primary function of these procedure packs is to prevent contamination by preventing contact between the contents and external environment.
Application Insights:
Based on application, the global medical procedure packs market is segmented into hospitals, clinics and ambulatory surgical centers, other facilities. Hospitals held the largest share in 2017 owing to factors such as high usage rate of reusable procedure packs among hospitals and preference for reusable Packs over single-use Packs by healthcare professionals.
The clinics and ambulatory surgical centers segment is expected to grow at a significant rate during the forecast period due to increasing demand for minimally invasive surgeries across various regions coupled with rising disposable income levels of consumers in developing countries such as India & China. Minimally invasive surgeries require a considerable number of medical supplies which drives product demand in these facilities. Moreover, increasing adoption of technologically advanced products along with favorable government regulations promoting their use will further boost growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017 owing to factors such as favorable reimbursement policies, increasing healthcare expenditure, and rising adoption of advanced medical devices. The U.S. is at the forefront of growth in this region with a large number of procedures being performed every day that require procedure packs.
Asia Pacific is expected to register lucrative growth over the forecast period due its developing economy coupled with increasing healthcare spending by governments & private sectors especially in India & China that are some of the largest economies worldwide thereby driving demand for medical supplies/equipment including reusable procedure Packs (RPG). In addition, economic development has led many international companies such as GE Healthcare; Philips; Johnson & Johnson Services Inc.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgical procedures is expected to grow at a CAGR of 6.8% from 2016 to 2021. This is primarily due to the advantages offered by these procedures over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Medical procedure packs are ideally suited for use in minimally invasive surgeries as they allow surgeons to quickly and easily assemble the necessary instruments and supplies required for the surgery.
- Rising prevalence of chronic diseases: The global prevalence of chronic diseases such as cancer, heart disease, diabetes, and respiratory disorders is increasing rapidly due to changing lifestyles and aging populations. This has led to an increase in demand for medical procedures related to these diseases, which in turn is driving growth in the medical procedure packs market.
- Growing number of ambulatory care centers: Ambulatory care centers offer a wide range of outpatient services including diagnostic tests, minor surgeries, and other treatments that do not require hospitalization or admission into a clinic or hospital setting These centers are becoming increasingly popular with patients due to their lower costs compared with traditional healthcare settings And because ambulatory care centers typically have smaller staff sizes than hospitals or clinics they rely heavily on medical procedure packs products To meet this demand suppliers are developing innovative new products specifically designed for use in ambulatory care settings
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Procedure Packs Market Research Report
By Type
Single Use Procedure Packs, Reusable Procedure Packs
By Application
Hospitals, Clinics, Ambulatory Surgical Centers, Others
By Companies
Medline Industries, Cardinal Health, 3M, B. Braun Melsungen, Thermo Fisher Scientific, Molnlycke Healthcare, Owens & Minor, Teleflex Medical, Smith & Nephew, Unisurge, PrionTex, Pennine Healthcare, BSN medical, Rocialle
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Medical Procedure Packs Market Report Segments:
The global Medical Procedure Packs market is segmented on the basis of:
Types
Single Use Procedure Packs, Reusable Procedure Packs
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
- 3M
- B. Braun Melsungen
- Thermo Fisher Scientific
- Molnlycke Healthcare
- Owens & Minor
- Teleflex Medical
- Smith & Nephew
- Unisurge
- PrionTex
- Pennine Healthcare
- BSN medical
- Rocialle
Highlights of The Medical Procedure Packs 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:
- Single Use Procedure Packs
- Reusable Procedure Packs
- 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 Medical Procedure Packs 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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- 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 Procedure Packs (MPP) are a type of health care package that can be purchased by patients and their families to cover the costs associated with medical procedures. MPPs typically include coverage for hospital stays, doctor visits, prescription drugs, and other related expenses.
Some of the major players in the medical procedure packs market are Medline Industries, Cardinal Health, 3M, B. Braun Melsungen, Thermo Fisher Scientific, Molnlycke Healthcare, Owens & Minor, Teleflex Medical, Smith & Nephew, Unisurge, PrionTex, Pennine Healthcare, BSN medical, Rocialle.
The medical procedure packs market is expected to grow at a compound annual growth rate of 5.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Medical Procedure Packs Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Medical Procedure Packs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Medical Procedure Packs Market - Supply Chain
4.5. Global Medical Procedure Packs Market Forecast
4.5.1. Medical Procedure Packs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Medical Procedure Packs Market Size (000 Units) and Y-o-Y Growth
4.5.3. Medical Procedure Packs Market Absolute $ Opportunity
5. Global Medical Procedure Packs Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Medical Procedure Packs Market Size and Volume Forecast by Type
5.3.1. Single Use Procedure Packs
5.3.2. Reusable Procedure Packs
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Medical Procedure Packs Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Medical Procedure Packs Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Clinics
6.3.3. Ambulatory Surgical Centers
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Medical Procedure Packs Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Medical Procedure Packs Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Medical Procedure Packs Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Medical Procedure Packs Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Medical Procedure Packs Demand Share Forecast, 2019-2026
9. North America Medical Procedure Packs Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Medical Procedure Packs Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Medical Procedure Packs Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Clinics
9.4.3. Ambulatory Surgical Centers
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Medical Procedure Packs Market Size and Volume Forecast by Type
9.7.1. Single Use Procedure Packs
9.7.2. Reusable Procedure Packs
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Medical Procedure Packs Demand Share Forecast, 2019-2026
10. Latin America Medical Procedure Packs Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Medical Procedure Packs Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Medical Procedure Packs Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Clinics
10.4.3. Ambulatory Surgical Centers
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Medical Procedure Packs Market Size and Volume Forecast by Type
10.7.1. Single Use Procedure Packs
10.7.2. Reusable Procedure Packs
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Medical Procedure Packs Demand Share Forecast, 2019-2026
11. Europe Medical Procedure Packs Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Medical Procedure Packs Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Medical Procedure Packs Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Clinics
11.4.3. Ambulatory Surgical Centers
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Medical Procedure Packs Market Size and Volume Forecast by Type
11.7.1. Single Use Procedure Packs
11.7.2. Reusable Procedure Packs
11.8. Basis Point Share (BPS) Analysis by ype
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Medical Procedure Packs Demand Share, 2019-2026
12. Asia Pacific Medical Procedure Packs Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Medical Procedure Packs Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Medical Procedure Packs Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Clinics
12.4.3. Ambulatory Surgical Centers
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Medical Procedure Packs Market Size and Volume Forecast by Type
12.7.1. Single Use Procedure Packs
12.7.2. Reusable Procedure Packs
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Medical Procedure Packs Demand Share, 2019-2026
13. Middle East & Africa Medical Procedure Packs Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Medical Procedure Packs Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Medical Procedure Packs Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Clinics
13.4.3. Ambulatory Surgical Centers
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Medical Procedure Packs Market Size and Volume Forecast by Type
13.7.1. Single Use Procedure Packs
13.7.2. Reusable Procedure Packs
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Medical Procedure Packs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Medical Procedure Packs Market: Market Share Analysis
14.2. Medical Procedure Packs Distributors and Customers
14.3. Medical Procedure Packs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Medline Industries
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cardinal Health
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. 3M
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. B. Braun Melsungen
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Thermo Fisher Scientific
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Molnlycke Healthcare
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Owens & Minor
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Teleflex Medical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Smith & Nephew
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Unisurge
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PrionTex
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Pennine Healthcare
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. BSN medical
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Rocialle
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
