Customized Procedure Trays Market is Estimated to Reach ~US$ 4 Bn By 2027

Customized Procedure Trays Market: Introduction According to the report, the global customized procedure trays market was valued at ~US$ 2 Bn in 2018 and is projected to expand at a high CAGR during the forecast period. Customer procedure trays, also known as customer surgical kits, are known as sterile packages assembled together designed for various surgeries. The sterile packages most commonly include disposable components required for various surgeries. Adoption of customized procedure trays is increasing owing to the rise in number of complex surgical procedures due to aging society, increase in infectious diseases, ischemic heart diseases, cancers, and trauma, all of which require surgical interventions. Customized procedure trays are costeffective and timesaving; reduces the surgical procedure time by 30% to 40%. High adoption rates are also expected in cardiology, urology, and general surgery due to convenience, speed, and reliability in terms of medical disposables. Request Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php? flag=B&rep_id=76849 The global customized procedure trays market is driven by the rise in prevalence of chronic diseases, increase in surgeries across the globe, and rise in demand for customized procedure trays in major surgeries. Customized procedure trays are primarily used in the cardiac surgeries, around 15 to 20 per surgical procedure and around 5 to 10 per procedure orthopedic. North America dominated the global customized procedure trays market in 2018 and the trend is anticipated to continue during the forecast period. The region’s dominance can be ascribed to the availability of customized procedure trays for orthopedic, cardiovascular, neurology, and other conditions. According to a research, in 2018, 69 million surgeries are conducted in North America. Presence of key players such as Molnlycke, Medline, Owens & Minor, and STS medical group offering CPTs in the region is a major factor boosting the growth of the customized procedure trays market during the forecast period. Rise in Prevalence of Various Chronic Diseases to Propel Global Market According to CDC research, in 2017, 805,000 people in the U.S. were likely to have a heart attack, and around 18.2 million adults aged 20 and older are estimated to suffer from coronary heart disease in 2018. Moreover, death rates from both ischemic heart disease (IHD) and stroke are generally higher in Central and Eastern Europe than in Northern, Southern, and Western Europe. Cardiovascular disease is estimated to cost the EU economy EUR 210 Bn a year. Of the total cost of CVD in the EU, around 53% (EUR 111 Bn) is due to healthcare costs, 26% (EUR 54 Bn) to productivity losses, and 21% (EUR 45 Bn) to the informal care of people with CVD. According to a research carried out in the year 2017 in Middle East & Africa, CVD was estimated to account almost half of the deaths in Oman and Kuwait, 49% and 46%, respectively. The rate of CVD deaths was also high in Saudi Arabia, the UAE, Bahrain, and Qatar at 42%, 38%, 32%, and 23%, respectively. Request for Analysis of COVID-19 Impact on Customized Procedure Trays Market https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=76849 Prevalence of orthopedic conditions across the globe is another factor for increase in associated surgeries. Prevalence of arthritis in the U.S. is likely to increase by 25%, affecting around 67 million people by 2030. Moreover, around 29 million people in the U.S. are at high risk of osteoporosis. The annual incidence rate of rheumatoid arthritis (RA) in adults up to age 99 ranges from 22 cases per

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