A new report from Transparency Market Research finds the global procedure trays market is expected to see robust growth in the coming years. Key factors such as rising surgical volumes, growth in minimally invasive procedures, and regulations supporting infection control are fueling market expansion.
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The procedure trays market offers convenient pre-packaged sets of instruments and supplies needed for specific medical procedures. Their use streamlines workflows in healthcare facilities and reduces costs associated with inventory management and waste. Custom procedure trays also allow for standardization of best practices.
North America currently dominates the procedure trays market, but Asia Pacific is emerging as a high-growth region due to improving access to healthcare and adoption of advanced technologies. Key players are focusing on these developing markets to capitalize on new opportunities.
The TMR report, titled “Procedure Trays Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”, finds the angiography segment accounted for a leading share of the market in 2017. However, operating room procedure trays are expected to witness the fastest growth over the forecast period.
The study tracks the performance of major players including Mölnlycke Health Care AB, Owens & Minor, Inc., Merit Medical Systems, Cardinal Health, BD, Teleflex Incorporated, B. Braun Melsungen AG, 3M, Medline Industries, Inc., and Nelipak Healthcare. These companies are investing in new product development and partnerships to strengthen their positions in the high-potential procedure trays sector.
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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
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