CUSTOM PROCEDURE TRAYS AND PACKS MARKET ANALYSIS

Market Challenges And Opportunities

Increase in number of surgical procedures and geriatric population are expected to drive growth of the custom procedure trays and packs market

Increasing number of surgical procedures is fuelling the adoption of custom procedure trays and packs (CPTP) market during the forecast period. For instance, according to the WHO, global volume of the surgeries performed in 2012 was estimated to 266.2 to 359.5 million, out of which one in every 20 operations globally was done in very-low-expenditure Member States.

Increase in geriatric population, who are more likely to develop chronic wounds as they have more medical issues affecting their general health and mobility, has been partly responsible for the growth in procedures and the resultant expansion of the CPTP market. For instance, according to research article in semantics scholar, 15-20% people aged 60+ hospitalized in lifetime with wound causes.

However, it is difficult to quantify the savings that could be generated and to qualify the true benefits until procedure packs are fully utilized. But there may be an opportunities for a better alignment of the functions necessary to generate savings. This will require close working between frontline staff, hospital managers and procurement professionals to design and use packs in the most efficient and cost effective way possible.