The Size of the North America Procedure Trays Market is valued at USD 4.06 billion in 2023 and estimated to grow at a CAGR of 13.58%, to reach USD 7.68 billion by 2028 during the forecast period 2023 to 2028. The North America Procedure Trays market is developing at an exceptionally quick pace.
A procedure tray is a collection of medical equipment created to provide disposable items which are used during surgery. These trays are designed and set up in such a way that they fulfill specific needs during the medical procedure. There is around 129 million medical procedure take place only in the US; thus, there is a great demand for procedure trays. The procedure trays reduce the preparation time by 40% thus help to increase the number of procedure this is boosting the market growth. The procedure trays demand is increasing as it helps to minimize the errors such as it reduces disruption during the procedure is additionally fuelling the demand of the market. There is a great technological advancement in the field of procedure trays. It has reduced the cost of the procedure as it reduces the staff required during the procedure as the health care is costly in the North America region.
The supply chains of procedure trays in not well developed. The staff in the operation theatre need to be trained to use the procedure trays as the customize procedure trays are made with different components. These are some of the challenges that affect the growth of the market.
This research report on the North America Procedure Trays Market has been segmented and sub-segmented into the following categories
By Product:
By Application:
By Country:
Regional analysis
The United State has the largest market share in the North America region. The technological advancement in the United States is propelling market growth. The government in this region is promoting the use of sterile single-use tools for the medical procedure. This will lower the infection rate. There is a great awareness in the United States about the procedure trays. This is elevating the growth of the market.
Canada has the second-largest market share in the region. Canada is one of the leaders in medical tourism; thus, the demand for procedure trays is increasing in Canada. There are many diagnostic centres and clinic in Canada which are using procedure trays. The government is also promoting the use of procedure trays in Canada.
Promising Companies leading the North America Procedure Trays Market Profiled in the Report are Baxter International, Boston Scientific Corp., Cardinal Health, CareFusion Corp., Covidien AG, C.R. Bard Inc., Ecolab Inc., Hogy Medical Co., Ltd., Medical Action Industries Inc., Medline Industries Inc. Precise-Pak Inc., Smith & Nephew Plc, Teleflex Medical are some key players in the North America Procedure Trays market.
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