Custom Procedure Packs Market Size (2024 - 2029)

Custom Procedure Packs Market Analysis

The custom procedure packs (CPP) market is expected to register a CAGR of nearly 4.9% during the forecast period.

• COVID-19 had a slight impact on the custom procedure packs market. Procedure packs were reported to be used for hospitalized COVID-19 patients. For instance, an article published in Elsevier Public Health Emergency Collection in October 2021 suggested the use of a COVID epidural pack in an isolation room to reduce the risk of contamination of the entire medication or supply cart. The pack included one epidural kit, epidural infusion pump tubing, tegaderm and tape for securing the catheter, and a duraprep stick for skin prep. Therefore, the market was impacted during the pandemic as custom procedure packs reduce the chance of cross-contamination. The market is expected to register a stable growth rate during the forecast period.
• The factor contributing to the market growth is the rising global prevalence of chronic diseases such as cardiovascular diseases, orthopedic diseases, and emergency cases demanding surgical procedures. For instance, according to the Australian Bureau of Statistics, March 2022 update, the prevalence of heart disease in Australia was 4.0%, which represented 1.0 million people in 2021. Heart disease increased with age, from 2.3% of people aged 45-54 years to 23.2% of people aged 75 years and over. The same source stated that in 2021, 375.8 thousand individuals (1.5%) of all ages had chronic obstructive pulmonary disease (COPD) in Australia. The high burden of chronic diseases requiring surgeries and severe road accidents is projected to boost the demand for surgery or prophylaxis, which require procedure packs, thereby propelling the growth of the market.
• Several key market players are adopting strategic initiatives such as product launches, partnership, and acquisition, that is adding to the growth of the custom procedure packs market. For instance, in December 2021, Owens & Minor, Inc. acquired American Contract Systems (ACS), a Minnesota-based provider of kitting and sterilization services for Custom Procedure Tray (CPT) solutions. The acquisition will further strengthen the company's ability to meet and exceed customers' collective needs for surgical procedure packs.
• Furthermore, in April 2021, Synertech Medical launched its single-use, sterile Dural Repair Procedure Pack for use during surgical interventions. The kit comprises elements packed in a user-friendly, single-use, sterile procedure pack, which makes it useful for ambulatory surgery centers or hospitals. The rising launch of custom procedure packs by market players to expand their offerings is expected to fuel market growth during the forecast period.
• Therefore, owing to the high burden of chronic diseases requiring surgeries, a large number of accidents, product launches, and acquisitions by market players for expanding the offerings, the studied market is expected to grow significantly. However, the presence of unnecessary and faulty devices along with the procedure packs is expected to slow down the growth of the studied market over the forecast period.

Custom Procedure Packs Industry Segmentation

As per the scope of this report, a custom procedure pack is a single presentation of all the surgical consumable items required for a specific procedure in a single-packed sterile tray format. These packs are delivered to a hospital or surgeon on a just-in-time basis for use in operating theatres only, which helps in saving time and effort spent in ensuring the quality.

The custom procedure packs market is segmented by use (single-use and reusable), product (cardiovascular surgery packs, cosmetic surgery packs, general surgery packs, orthopedic surgery packs, and other products), end-user (hospitals, clinics, and ambulatory surgical centers), and geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The Market report also covers the estimated market sizes and trends of 17 countries across major regions globally.

The report offers the value (in USD) for the above segments.