Europe and Middle East & Africa Procedure Trays Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Angiography, Ophthalmology, Operating Room, and Anesthesia Room) and End User (Hospitals, Clinics, and Ambulatory Surgical Centers)
The Europe and Middle East & Africa procedure trays market size is expected to grow from US$ 4,320.50 million in 2022 to US$ 7,822.19 million by 2028; it is estimated to register a CAGR of 10.4% from 2022 to 2028.
Rising demand to reduce the spread of infection and an increasing number of surgeries drive the Europe and Middle East & Africa procedure trays market growth.
Procedure trays are preferred on a large scale as they are sterile. The trays are designed to meet the different requirements of various procedures. An increasing number of surgical procedures and rising medical tourism drive the growth of the Europe and Middle East & Africa procedure trays market. Also, the surging demand for customized surgical trays is expected to fuel Europe and Middle East & Africa procedure trays market growth in the coming years.
Surgical procedures that are commonly performed in Europe and the Middle East & Africa include cataract procedures, cesarean procedures, hip replacement, and angioplasty. The number of surgical procedures is increasing in these regions due to the rising prevalence of various chronic diseases. According to data provided by the National Institutes of Health (NIH), ~20 million major surgeries are carried out each year in Europe. According to Eurostat, in 2020, ~3.66 million cataract surgeries and ~1.12 million cesarean sections were performed in the European Union (EU). In most of the EU member countries, the number of cesarean sections performed varied from 200 to 400 per 100,000 habitants in 2020. According to Dubai Health Authority (DHA), ~159,000 surgeries were performed in Dubai in 2021. Per the same source, the number of people seeking cosmetic surgeries in Dubai doubled from 223,507 in 2020 to 583,909 in 2022.
Transluminal coronary angioplasties are performed to open blocked coronary arteries. According to Eurostat, transluminal coronary angioplasties were most common in Croatia and Germany in 2020—on average, the procedures were performed 462 and 384 times per 100,000 inhabitants, respectively. Procedure trays are used to hold the instruments used to perform surgical procedures. These trays make the operation theaters or laboratories organized. Therefore, a surge in the number of surgeries performed bolsters the Europe and Middle East & Africa procedure trays market growth.
Many market players and research institutes operating in the Europe and Middle East & Africa procedure trays market are developing advanced technologies to expand their product portfolios and increase their market shares. Rising numbers of surgical procedures, product approvals, and collaborations are among the factors driving the Europe and Middle East & Africa procedure trays market size.
A few of the recent developments in Europe and Middle East & Africa procedure trays market are mentioned below:
In October 2019, 3M completed the acquisition of Acelity, Inc. and its KCI subsidiaries worldwide from a consortium comprised of funds advised by Apax Partners, together with controlled affiliates of the Canada Pension Plan Investment Board (CPPIB) and the Public Sector Pension Investment Board (PSP Investments) for a total enterprise value of ~US$ 6.7 billion, including the assumption of debt and other adjustments.
In January 2022, ICU Medical Inc. acquired Smiths Medical from Smiths Group plc. The Smiths Medical business includes a syringe, ambulatory infusion devices, vascular access, and vital care products. Combined with ICU Medical’s existing businesses, the companies create a leading infusion therapy company with estimated pro forma combined revenues of ~ US$ 2.5 billion.
Product Type, Europe and Middle East & Africa Procedure Trays Market-Based Insights
Based on product type, the Europe and Middle East & Africa procedure trays market is segmented into angiography, ophthalmology, operating room, and anesthesia room. In 2022, the operating room segment held the largest market share. Also, the same segment is expected to record the highest CAGR during the forecast period.
The operating room segment held the largest market share in 2022, and the market for this segment is expected to grow at the fastest rate in the coming years. The correct setup and arrangement of surgical instruments help a surgeon perform surgery efficiently. Proper sterile precautions of surgical instruments play a key role in the patient's post-operative health. In operating room, surgical trays provide specific instruments according to the surgery needs, which reduces the pressure on technical staff and enables hassle-free surgery. Owens & Minor, Inc. provides custom procedure trays for various procedures such as general surgery, orthopaedic procedure, plastic surgery, and cardiology/vascular procedure. According to Eurostat, in 2020, about 1.12 million cesarean procedures were carried out in the EU. As per the same source, in the same year, ~294 people per 1,000 inhabitants underwent hip replacement surgeries in Germany. The increasing number of surgeries carried out in operating rooms is fuelling the use of procedure trays in the operating rooms.
End User, Europe and Middle East & Africa Procedure Trays Market -Based Insights
The Europe and Middle East & Africa procedure trays market, based on end users, is segmented into hospitals, clinics, and ambulatory surgical centers. The hospitals segment held the largest market share in 2022 and is estimated to register the highest CAGR during the forecast period.
The World Health Organization (WHO), the US Census Bureau, and the US National Library of Medicine are a few of the major primary and secondary sources referred to while preparing the report on the Europe and Middle East & Africa procedure trays market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe and Middle East Africa Procedure Trays Market – by Product Type
1.3.2 Europe and Middle East Africa Procedure Trays Market – by End User
1.3.3 Europe and Middle East Africa Procedure Trays Market – by Country
2. Europe and Middle East Africa Procedure Trays Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe and Middle East Africa Procedure Trays Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe – PEST Analysis
4.2.2 Middle East & Africa – PEST Analysis
4.3 Experts’ Opinion
5. Procedure Trays Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increase in Number of Surgical Procedures
5.1.2 Surge in Medical Tourism
5.2 Market Restraints
5.2.1 Concerns About Disposal of Procedure Trays
5.3 Market Opportunities
5.3.1 Integration of Procedure Trays with Cloud Platform and Data Analytics
5.4 Future Trends
5.4.1 Surging Demand for Customized Procedure Trays
5.5 Impact Analysis
6. Europe and Middle East Africa Procedure Trays Market Analysis
6.1 Europe and Middle East Africa Procedure Trays Market Revenue Forecast and Analysis
6.2 Market Positioning of Key Players in Procedure Trays Market
7. Europe and Middle East Africa Procedure Trays Market Analysis – by Product Type
7.1 Overview
7.2 Operating Room
7.2.1 Overview
7.2.2 Operating Room: Europe and Middle East Africa Procedure Trays Market – Revenue and Forecast to 2028 (US$ Million)
7.3 Angiography
7.3.1 Overview
7.3.2 Angiography: Europe and Middle East Africa Procedure Trays Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Ophthalmology
7.4.1 Overview
7.4.2 Ophthalmology: Europe and Middle East Africa Procedure Trays Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Anesthesia Room
7.5.1 Overview
7.5.2 Anesthesia Room: Europe and Middle East Africa Procedure Trays Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe and Middle East Africa Procedure Trays Market Analysis – by End User
8.1 Overview
8.2 Hospitals
8.2.1 Overview
8.2.2 Hospitals: Europe and Middle East Africa Procedure Trays Market – Revenue and Forecast to 2028 (US$ Million)
8.3 Clinics
8.3.1 Overview
8.3.2 Clinics: Europe and Middle East Africa Procedure Trays Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Ambulatory Surgical Centers
8.4.1 Overview
8.4.2 Ambulatory Surgical Centers: Europe and Middle East Africa Procedure Trays Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe and Middle East Africa Procedure Trays Market
9.1 Europe
9.1.1 Overview
9.1.2 Europe Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
9.1.3 Europe Procedure Trays Market, by Product Type, 2019–2028 (US$ Million)
9.1.4 Europe Procedure Trays Market, by End User, 2019–2028 (US$ Million)
9.1.5 Europe Procedure Trays Market, by Country
9.1.5.1 Germany
9.1.5.1.1 Overview
9.1.5.1.2 Germany Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
9.1.5.1.3 Germany Procedure Trays Market, by Product Type, 2019–2028 (US$ Million)
9.1.5.1.4 Germany Procedure Trays Market, by End User, 2019–2028 (US$ Million)
9.1.5.2 UK
9.1.5.2.1 Overview
9.1.5.2.2 UK Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
9.1.5.2.3 UK Procedure Trays Market, by Product Type, 2019–2028 (US$ Million)
9.1.5.2.4 UK Procedure Trays Market, by End User, 2019–2028 (US$ Million)
9.1.5.3 France
9.1.5.3.1 Overview
9.1.5.3.2 France Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
9.1.5.3.3 France Procedure Trays Market, by Product Type, 2019–2028 (US$ Million)
9.1.5.3.4 France Procedure Trays Market, by End User, 2019–2028 (US$ Million)
9.1.5.4 Italy
9.1.5.4.1 Overview
9.1.5.4.2 Italy Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
9.1.5.4.3 Italy Procedure Trays Market, by Product Type, 2019–2028 (US$ Million)
9.1.5.4.4 Italy Procedure Trays Market, by End User, 2019–2028 (US$ Million)
9.1.5.5 Spain
9.1.5.5.1 Overview
9.1.5.5.2 Spain Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
9.1.5.5.3 Spain Procedure Trays Market, by Product Type, 2019–2028 (US$ Million)
9.1.5.5.4 Spain Procedure Trays Market, by End User, 2019–2028 (US$ Million)
9.1.5.6 Rest of Europe
9.1.5.6.1 Overview
9.1.5.6.2 Rest of Europe Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
9.1.5.6.3 Rest of Europe Procedure Trays Market, by Product Type, 2019–2028 (US$ Million)
9.1.5.6.4 Rest of Europe Procedure Trays Market, by End User, 2019–2028 (US$ Million)
9.2 Middle East & Africa
9.2.1 Overview
9.2.2 Middle East & Africa Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.3 Middle East & Africa Procedure Trays Market, by Product Type, 2019–2028 (US$ Million)
9.2.4 Middle East & Africa Procedure Trays Market, by End User, 2019–2028 (US$ Million)
9.2.5 Middle East & Africa Procedure Trays Market, by Country
9.2.5.1 Saudi Arabia
9.2.5.1.1 Overview
9.2.5.1.2 Saudi Arabia Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.5.1.3 Saudi Arabia Procedure Trays Market, by Product Type, 2019–2028 (US$ Million)
9.2.5.1.4 Saudi Arabia Procedure Trays Market, by End User, 2019–2028 (US$ Million)
9.2.5.2 South Africa
9.2.5.2.1 Overview
9.2.5.2.2 South Africa Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.5.2.3 South Africa Procedure Trays Market, by Product Type, 2019–2028 (US$ Million)
9.2.5.2.4 South Africa Procedure Trays Market, by End User, 2019–2028 (US$ Million)
9.2.5.3 UAE
9.2.5.3.1 Overview
9.2.5.3.2 UAE Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.5.3.3 UAE Procedure Trays Market, by Product Type, 2019–2028 (US$ Million)
9.2.5.3.4 UAE Procedure Trays Market, by End User, 2019–2028 (US$ Million)
9.2.5.4 Rest of Middle East & Africa
9.2.5.4.1 Overview
9.2.5.4.2 Rest of Middle East & Africa Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.5.4.3 Rest of Middle East & Africa Procedure Trays Market, by Product Type, 2019–2028 (US$ Million)
9.2.5.4.4 Rest of Middle East & Africa Procedure Trays Market, by End User, 2019–2028 (US$ Million)
10. Europe and Middle East Africa Procedure Trays Market: Impact Assessment of COVID-19 Pandemic
10.1 Europe: Impact Assessment of COVID-19 Pandemic
10.2 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
11. Europe and Middle East Africa Procedure Trays Market – Industry Landscape
11.1 Overview
11.2 Growth Strategies in Europe and Middle East Africa Procedure Trays Market (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
12. Company Profiles
12.1 Biometrix
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Medica Europe BV
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 3M Co
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Financial Overview
12.3.4 SWOT Analysis
12.3.5 Key Developments
12.4 BD
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 Owens & Minor Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Molnlycke Health Care AB
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Nelipak Corporation
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Teleflex Incorporated
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Cardinal Health Inc
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 ICU Medical Inc
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Procedure Trays Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 2. Europe Procedure Trays Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Procedure Trays Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany Procedure Trays Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 5. UK Procedure Trays Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 6. UK Procedure Trays Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 7. France Procedure Trays Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. France Procedure Trays Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy Procedure Trays Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy Procedure Trays Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 11. Spain Procedure Trays Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Spain Procedure Trays Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe Procedure Trays Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 14. Rest of Europe Procedure Trays Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 15. Middle East & Africa Procedure Trays Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 16. Middle East & Africa Procedure Trays Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 17. Saudi Arabia Procedure Trays Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 18. Saudi Arabia Procedure Trays Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 19. South Africa Procedure Trays Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 20. South Africa Procedure Trays Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 21. UAE Procedure Trays Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 22. UAE Procedure Trays Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Middle East & Africa Procedure Trays Market, by Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 24. Rest of Middle East & Africa Procedure Trays Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 25. Organic Developments in the Europe and Middle East Africa Procedure Trays Market
Table 26. Inorganic Developments in the Europe and Middle East Africa Procedure Trays Market
Table 27. Glossary of Terms
LIST OF FIGURES
Figure 1. Europe and Middle East Africa Procedure Trays Market Segmentation
Figure 2. Europe and Middle East Africa Procedure Trays Market Segmentation, by Country
Figure 3. Europe and Middle East Africa Procedure Trays Market Overview
Figure 4. Operating Room Held Largest Share of Product Type Segment in Europe and Middle East Africa Procedure Trays Market
Figure 5. Europe Expected to Show Remarkable Growth During Forecast Period
Figure 6. Europe and Middle East Africa Procedure Trays Market – Leading Country Markets (US$ Million)
Figure 7. Europe and Middle East Africa Procedure Trays Market, Industry Landscape
Figure 8. Europe PEST Analysis
Figure 9. Middle East & Africa PEST Analysis
Figure 10. Procedure Trays Market: Impact Analysis of Drivers and Restraints
Figure 11. Europe and Middle East Africa Procedure Trays Market – Revenue Forecast and Analysis – 2020–2028
Figure 12. Europe and Middle East Africa Procedure Trays Market, by Product Type, 2021 & 2028 (%)
Figure 13. Operating Room: Europe and Middle East Africa Procedure Trays Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Angiography: Europe and Middle East Africa Procedure Trays Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Ophthalmology: Europe and Middle East Africa Procedure Trays Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Anesthesia Room: Europe and Middle East Africa Procedure Trays Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe and Middle East Africa Procedure Trays Market, by End User, 2021 & 2028 (%)
Figure 18. Hospitals: Europe and Middle East Africa Procedure Trays Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Clinics: Europe and Middle East Africa Procedure Trays Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Ambulatory Surgical Centers: Europe and Middle East Africa Procedure Trays Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Procedure Trays Market Revenue overview, by Country, 2021 (US$ Mn)
Figure 22. Europe Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 23. Europe Procedure Trays Market, by Country, 2021 & 2028 (%)
Figure 24. Germany Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 25. UK Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 26. France Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 27. Italy Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 28. Spain Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 29. Rest of Europe Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 30. Middle East & Africa Procedure Trays Market Revenue Overview, by Country, 2021 (US$ Mn)
Figure 31. Middle East & Africa Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 32. Middle East & Africa Procedure Trays Market, by Country, 2021 & 2028 (%)
Figure 33. Saudi Arabia Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 34. South Africa Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 35. UAE Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 36. Rest of Middle East & Africa Procedure Trays Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 37. Impact of COVID-19 Pandemic in European Country Markets
Figure 38. Impact of COVID-19 Pandemic in Middle East & Africa Country Markets
Figure 39. Growth Strategies in Europe and Middle East Africa Procedure Trays Market (%)
The List of Companies - Europe and Middle East & Africa Procedure Trays Market
- Biometrix
- Medica Europe BV
- 3M
- BD
- Ownes & Minor Inc
- Molnlycke Health Care AB
- Nelipak Corporation
- Teleflex Incorporated
- Cardinal Health Inc
- ICU Medical Inc
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe and the Middle East & Africa (Middle East & Africa) procedure trays market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the Europe and Middle East & Africa procedure trays market, as well as those hindering it.
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