Custom Procedure Packs Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to custom procedure packs market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Custom Procedure Packs Market News

in Custom Procedure Packs
  • In November 2024, SYNDEO Medical announced that its two flagship product brands, SYNDEOPack Interventional Procedure Packs™ and Xssential Rapid Delivery Procedure Packs™, have received European Medical Device Regulation (MDR) approval. These customisable solutions will address the specific needs of complex interventional procedures.
  • In May 2023, Surgeine Healthcare India Private Limited announced the launch of a new manufacturing facility to produce custom procedure packs for the Australian, American, African, and European markets. The company’s new manufacturing facility is located in India and is equipped with state-of-the-art technology and a highly skilled workforce.

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Global Custom Procedure Packs Market size was valued at USD 8.06 Billion in 2023 and is poised to grow from USD 8.53 Billion in 2024 to USD 13.41 Billion by 2032, growing at a CAGR of 5.82% in the forecast period (2025-2032).

The Global market for Custom Procedure Packs is highly competitive with entry barriers in terms of strict regulatory compliance, developed supplier networks, and brand credibility in hospitals. Players like Medline Industries and Cardinal Health, owing to their well-established distribution channels, capability of product customization, and price advantage. For new players, competition is stiff, demanding huge investments in R&D, certifications, and strategic alliances to win hospital trust. Differentiation based on innovation, cost leadership, and value-added services such as quicker turnaround or customized surgical kits can overcome these hurdles. 'Medline Industries, LP', 'Deltamed', 'Cardinal Health, Inc', 'Surgeine Healthcare (India) Pvt. Ltd.', 'Mediberg ', 'Teleflex Incorporated', 'Medtronic', 'B. Braun SE', 'Unisurge International Limited', 'O&M Halyard'

SkyQuest's research shows that there has been a sharp increase in the number of orders for vital medical materials that are back ordered when needed. Before the outbreak, the hospitals had backorders of 400-500 products on a daily basis. Presently, the number of backorders on a daily basis has risen to between 800 and 1,000 products, which indicates an enormous increase in stock shortages. A significant majority (20%) of essential medical consumables are in short supply and over 5% of the stock is out of stock. This study indicates there will be a continuous demand for custom procedure kits as they are essential in surgical procedures and optimization of time in operating rooms.

Sustainable and Eco-Friendly Packaging Solutions: The worldwide trend for net zero emission initiatives is also being taken seriously by healthcare suppliers and manufacturers. As environmental sustainability is a primary concern in the healthcare industry, significantly directing manufacturers to produce such Custom Procedure Packs/Kits that are environment-friendly solutions that can either be reused or easily degraded. Major market players are investing to explore methods to utilize biodegradable material in manufacturing procedural packs, recyclable-reusable solutions, and mini-pack sizes to reduce the environmental impact. This is aligned with global efforts toward reducing medical waste and carbon footprints for surgical procedures.

What makes North America the Top Market for Custom Procedure Packs in 2024?

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Global Custom Procedure Packs Market
Custom Procedure Packs Market

Report ID: SQMIG35B2226

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