Procedure Trays Market Report 2025

This Procedure Trays market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The procedure trays market size has grown strongly in recent years. It will grow from $17.43 billion in 2024 to $19.09 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to standardization, frequency of road accidents, rise in demand for surgical instruments, increasing adoption of procedure trays, and increasing incidence of chronic diseases.

The procedure trays market size is expected to see strong growth in the next few years. It will grow to $27.12 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to increasing number of surgical procedures, expansion of the global population, regulatory compliance, and customization, surge in medical tourism, growing elderly population. Major trends in the forecast period include advancements in smart technology, personalized and specialty trays, integration of technology, integration with telehealth and remote monitoring, and artificial intelligence and automation.

The growing number of surgical procedures is expected to drive the expansion of the procedure trays market in the future. Surgical procedures are medical treatments that involve invasive methods to treat or correct health issues, injuries, or abnormalities within the body. The rise in surgical procedures can be attributed to advancements in medical technology, an aging population, the prevalence of chronic diseases, better access to healthcare, and increased patient demand and expectations. Procedure trays improve the efficiency, safety, and cost-effectiveness of surgeries by providing a standardized and convenient way to organize and deliver essential instruments and supplies. For example, in September 2023, the Global Survey 2022 report from the International Society of Aesthetic Plastic Surgery, a US-based professional organization, highlighted an 11.2% increase in procedures performed by plastic surgeons in 2022, with over 14.9 million surgical procedures conducted globally. In the past four years, aesthetic surgery has seen a steady rise, with a 41.3% increase. Therefore, the growing number of surgical procedures is driving the growth of the procedure trays market.

Leading companies in the procedure trays market are dedicated to innovating products such as the thoracostomy tray to enhance patient safety and cater to the clinical need for thoracostomy procedures. A thoracostomy tray is a specialized medical kit used by healthcare professionals for thoracostomy procedures, involving the insertion of a chest tube into the pleural space of the chest cavity. For instance, in April 2022, Merit Medical, a US-based provider of innovative medical devices, introduced the ReSolve Thoracostomy Tray to improve patient care and meet the clinical demand for thoracostomy procedures. This innovative solution, tailored for thoracostomy procedures, facilitates the safe removal of air or fluid from the pleural space, addressing conditions such as pneumothorax or pleural effusion. This underscores Merit Medical's commitment to delivering specialized medical devices tailored to clinical requirements, ultimately enhancing patient care.

In April 2023, Inverness Graham Investments, a US-based private investment firm focused on acquiring and growing technology and services companies, acquired Innovia Medical for an undisclosed amount. Through this acquisition, Inverness Graham Investments seeks to boost the growth prospects of Innovia Medical, capitalize on its existing strengths, and generate value through operational enhancements. Innovia Medical is a US-based medical device company specializing in the production of medical devices, particularly for wound care, surgical products, and infection prevention.

Major companies operating in the procedure trays market are Cardinal Health Inc., Becton Dickinson and Company, Baxter International Inc., Boston Scientific Corporation, Owens & Minor Inc., Medline Industries LP, B. Braun Societas Europaea, Smith & Nephew Public Limited Company, Teleflex Incorporated, Paul Hartmann AG, ICU Medical Inc., Mölnlycke AB, Lohmann & Rauscher, Merit Medical Systems Inc., Hogy Medical Company Limited, Medical Action Industries Inc., Kimal PLC, Nelipak Corporation, Medica Europe Besloten Vennootschap, Biometrix Medical, ArcRoyal, Covidien Aktiengesellschaft, CPT Medical Inc., C. R. Bard Inc., CareFusion Corporation.

North America was the largest region in the procedure trays market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the procedure trays market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the procedure trays market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

A procedure tray, also referred to as an instrument tray, is a pre-arranged assortment of medical tools and materials designed to streamline specific medical procedures. These trays are commonly utilized across diverse healthcare environments to ensure prompt access to all necessary equipment, fostering organized and efficient patient care.

The primary types of procedure trays include those tailored for operating rooms, angiography, ophthalmic procedures, and other specialized applications. The operating room (OR), also recognized as the surgery suite, serves as a dedicated facility within hospitals or medical centers for conducting surgical interventions. These trays are packaged in various forms such as boxes, molds, and wraps, catering to a range of end-users including hospitals, clinics, and other medical facilities.

The procedure trays market research report is one of a series of new reports that provides procedure trays market statistics, including procedure trays industry global market size, regional shares, competitors with a procedure trays market share, detailed procedure trays market segments, market trends, and opportunities, and any further data you may need to thrive in the procedure trays industry. This procedure trays market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The procedure trays market consists of sales of surgical trays, diagnostic trays, dressing change trays, IV start trays, dental trays, and orthopedic trays. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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