Custom procedure packs are a set of surgical tools required to carry out surgical procedures. They are somewhat different from standard procedure packs, wherein they are customized as per the surgical procedure and clinical requirements of the patient. Tools in custom procedure packs are configured by manufacturers in accordance with the type of procedure to be conducted by surgeons in hospitals, clinics, or other health care units. These packs offer a complete, customized line of tools that eventually make the surgical procedure easier by reducing the operational turnaround time and enabling the reduction of inventory cost.
Increasing geriatric population that is more likely to develop severe and chronic infectious diseases and increased volume of procedures are fueling the demand for custom procedure packs across the globe. However, lack of standard regulations in developing countries regarding custom procedure packs and the entry of new players generating pricing pressure in the market are major factors expected to curtail the usage of custom procedure packs during the forecast period.
The global Custom Procedure Packs Market can be segmented based on product type, usage type, and end-user. Based on product type, the market has been segmented into surgical procedure packs and minor procedure packs. The surgical procedure packs segment has been sub-divided into specialty areas such as cardiovascular, ENT, laparoscopy, gynecology, ophthalmology, orthopedics, general surgery, and others. The minor procedure packs segment has been sub-divided into catheterization, hemodialysis, regional anesthesia, wound care packs, IV therapy, and others. The minor procedure packs segment accounted for the maximum market share in 2016, which is attributable to rising preference for these packs due to their low cost and easy storage. The wound care packs sub-segment gained the maximum market share in terms of value as well as volume in 2016.
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The surgical procedure packs segment is expected to dominate the market during the forecast period. Introduction of highly sterilized and configured custom procedure packs in the market, which match the individual preference and clinical requirements, is a major factor estimated to propel the surgical procedure packs segment between 2017 and 2025. Based on usage type, the global custom procedure packs market has been divided into reusable and disposable (single-use) packs. The reusable packs segment gained the maximum market share in terms of revenue in 2016, owing to the rising number of hospitals and outpatient surgical centers across the globe and increasing preference for minimally invasive procedures. However, the disposable packs segment is anticipated to register the maximum CAGR during the forecast period, owing to the rising demand for highly advanced and sterilized custom procedure packs with desired safety features.
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