Germany Procedure Trays Market Size and Forecasts (2020 – 2030)

Germany Procedure Trays Market Size and Forecasts (2020 – 2030), Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Application (Operating Room, Angiography, Ophthalmology, and Others), End User (Hospitals & Clinics, Ambulatory Surgical Centers, and Others), and Country Analysis

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Description

The Germany procedure trays market size is projected to grow from US$ 1.637 billion in 2022 to US$ 3.600 billion by 2030; the market is estimated to record a CAGR of 10.3% during 2022–2030

The increasing number of surgeries and the surge in medical tourism drive the market’s growth. However, the concerns about the disposal and standardization of procedure trays hamper market growth.

Surge in Medical Tourism

Many countries are becoming popular destinations for health seekers. According to the Medical Tourism Association (MTA), ~14 million people travel to other countries for medical care yearly. The advancements in medical devices and non-invasive surgical procedures are the major factors responsible for the increasing medical tourism. According to the Centers for Disease Control and Prevention (CDC), millions of Americans travel abroad yearly for medical care. Medical tourism destinations for US citizens include Argentina, Brazil, Canada, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, Germany, India, Malaysia, Mexico, Nicaragua, Peru, Singapore, and Thailand. According to the MedicalTourism, Germany is one of the world’s leading destinations for medical tourism, as it combines high-quality healthcare services with cutting-edge medical technology.

The treatment categories pursued by US medical tourists include cancer treatment, dental care, fertility treatments, organ and tissue transplants, and various forms of surgery, including bariatric, cosmetic, and non-cosmetic (e.g., orthopedic) surgery. As per the above source, Germany stands out by providing a wide range of medical procedures, including cardiac surgery, orthopedics, oncology treatments, neurosurgery, cosmetic & reconstructive surgery, and others.

According to an article published in the Medical Tourism Journal, European countries offer high-quality and low-cost medical care. Medical technology and pharmaceutical companies in Europe are well-known for providing a cutting-edge research environment for continuous medical innovations. Europe has several major medical clusters that specialize in caring for medical tourists from all over the world.

Medical travelers who visit Germany for medical tourism are usually from the UAE, Russia, Bulgaria, Romania, France, Saudi Arabia, and Kuwait. On average, 250,000 patients are treated in Germany’s hospitals, and from medical tourism, they receive more than 1.2 billion euros annually.

Thus, developments in healthcare services lead to an increase in medical tourism, thereby bolstering the number of surgical procedures, which, in turn, boosts the growth of the procedure trays market.

Antibody Drug Conjugates Market: Segmental Overview

The “Germany Procedure Trays Market” is segmented based on application and end user. The procedure trays market, by application, is segmented into operating room, angiography, ophthalmology, and others. The operating room segment held a larger market share in 2022, which is anticipated to register a higher CAGR of 10.9% during the forecast period.

The Germany procedure trays market, by end user, is segmented into hospitals & clinics, ambulatory surgical centers, and others. The hospitals & clinics segment held the largest share of the market in 2022 and is anticipated to register the highest CAGR of 10.7% in the market during the forecast period. Every healthcare facility includes the usage of tool trays. They are utilized in hospitals, laboratories, clinics, and emergency centers.

The hospital provides health care to people through complicated but specialized scientific equipment. Hospitals are classified as general, specialty, or government, depending on their source of income. The most common form of the hospital is a general hospital, which has an emergency department to deal with medical emergencies and sudden illnesses. Hospitals play an essential role in the healthcare system and offer advanced treatment options for patients with chronic and hard-to-heal wounds. Most surgeries are performed in hospitals, as they provide continuous patient care and monitoring. The increasing population has further enhanced the demand for healthcare services, which increases the number of hospitals and staff. Clinics are smaller than hospitals; however, they offer almost all medical services. Most of the time, clinics are associated with universities and offer cost-effective services. People often prefer going to clinics as they provide inexpensive services and create a positive environment for the patient.

Clinics can be run under government services and incorporate groups and other organizations. Clinics have limited appointments and operate in fixed working hours. Surgical instrument trays are a very common tool in hospitals, laboratories, and clinics. They allow easy access to instruments that would otherwise be difficult or impossible without them. Therefore, the procedure trays market for the hospitals & clinics segment is likely to experience significant growth during the forecast period.

Germany Antibody Drug Conjugates Market: Country Overview

An open, prospective study was performed as a case study in different hospitals in Germany. A total of 11 different Mölnlycke Procedure trays were used. The single-use material process was studied for each hospital, from ordering materials to disposal. The study results showed that following the introduction of Mölnlycke Procedure trays, time-savings in the single-use material process were between 40% and 59% in the hospitals studied.

Furthermore, expanding outpatient surgeries in Germany will propel the procedure trays market in the country. For instance, on June 23, 2022, the National Association of Statutory Health Insurance Physicians (KBV) announced the first steps aimed at expanding the utilization of surgical procedures within day case/outpatient settings. In the first stage, additional funding of around US$63.22 million was available from January 1, 2023, leading to an increase in the tariffs of the selected surgical procedures by about 30%. Thus, using procedure trays during various hospital procedures, such as surgeries, helped reduce the time duration required to complete the overall process within the hospital.

A few of the major primary and secondary sources referred to while preparing the Germany procedure tray market report on the US Food and Drug Administration (FDA), Cancer.Net, EMA (European Medicines Agency), and Centers for Disease Control and Prevention (CDC).

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Regulatory Entities To Favor The Growth of Procedure Trays Market in Germany During 2022–2030

According to our new research study on “Germany Procedure Trays Market Forecast to 2030 – Country Analysis – by Application, End User,” the Germany procedure trays market size is valued at US$ 1.637 billion in 2022 and is expected to reach US$ 3.600 billion by 2030, and it estimated to grow at a rate of 10.3% from 2022 to 2030. The report highlights trends prevailing in the market and factors driving and hindering the Germany procedure trays market growth.

The Germany procedure trays market growth is due to the increasing number of surgeries and surge in medical tourism, which are the key factors driving the market’s growth. On the other hand, the concerns about the disposal and standardization of procedure trays are hampering the market growth.

The MedTech Europe trade association in Germany represents the medical technology industry, including medical devices, diagnostics, and digital health. The mission of MedTech Europe is to increase access to innovative medical technology while supporting healthcare systems toward sustainability. Rising focus on cancer care and initiatives by government and NGOs towards managing CRC is anticipated to favor the market’s growth.

In addition, the expansion of outpatient surgeries in Germany will propel the procedure trays market in the country. For instance, on June 23, 2022, the National Association of Statutory Health Insurance Physicians (KBV) announced the first steps aimed at expanding the utilization of surgical procedures within day case/outpatient settings. In the first stage, additional funding of around 60 million euros was available from January 1, 2023, increasing the tariffs of the selected surgical procedures by about 30%.

By End Users, the Germany procedure trays market is expected to be led by the hospitals & clinics segment.

Biometrix, Medica Europe BV, 3M Co, BD, Owens & Minor Inc, Molnlycke Health Care AB, Nelipak Corporation, Teleflex Incorporated, Cardinal Health Inc., and ICU Medical Inc. are among the leading companies operating in the Germany procedure trays market.

Companies operating in the Germany procedure trays market adopt various organic and inorganic strategies. Growth strategies mainly include product launches and approvals, mergers & acquisitions, collaborations, and partnerships, among the growth strategies witnessed in the Germany procedure trays market.

A few of the significant developments by key market players are listed below.

1. In January 2022, ICU Medical Inc. acquired Smiths Medical from Smiths Group plc. The Smiths Medical business includes syringes, 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 revenues of approximately US$ 2.5 billion.

2. 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. This acquisition will enhance combined abilities to serve customers with a stronger CPT offering.

3. In May 2020, Nelipak Healthcare Packaging launched Nelipak Academy, a seven-part educational webinar series. The free series covers various topics, including automated handling trays, NeliSim, polymer basics and film properties, rigid barrier packaging design, lab testing services, and heat seal coating technology.

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TABLE OF CONTENTS

1. Introduction
1.1 Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Clinic Casting and Splinting Products Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe PEST Analysis
5. Europe Clinic Casting and Splinting Products Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Rising Prevalence of Musculoskeletal Conditions
5.1.2 High Prevalence of Age-Related Orthopedic Disorders
5.2 Key Market Restraints
5.2.1 Complications Related to Casting and Splinting
5.3 Key Market Opportunities
5.3.1 Advancements in 3D Technology in Casting and Splinting
5.4 Future Trends
5.4.1 Rising Adoption of Fiberglass Material for Casting and Splinting
5.5 Impact Analysis
6. Clinic Casting and Splinting Products Market – Europe Market Analysis
6.1 Europe Clinic Casting and Splinting Products Market Revenue (US$ Mn), 2022 – 2030
7. Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 – by Product
7.1 Overview
7.2 Europe Clinic Casting and Splinting Products Market Revenue Share, by Product 2022 & 2030 (%)
7.3 Casting
7.3.1 Overview
7.3.2 Casting: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
7.3.2.1 Casts
7.3.2.1.1 Overview
7.3.2.1.2 Casts: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
7.3.2.2 Tapes
7.3.2.2.1 Overview
7.3.2.2.2 Tapes: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
7.3.2.3 Cutters
7.3.2.3.1 Overview
7.3.2.3.2 Cutters: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
7.3.2.4 Casting Accessories
7.3.2.4.1 Overview
7.3.2.4.2 Casting Accessories: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Splinting
7.4.1 Overview
7.4.2 Splinting: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
7.4.2.1 Splints
7.4.2.1.1 Overview
7.4.2.1.2 Splints: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
7.4.2.2 Splinting Accessories
7.4.2.2.1 Overview
7.4.2.2.2 Splinting Accessories: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
8. Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 – by Application
8.1 Overview
8.2 Europe Clinic Casting and Splinting Products Market Revenue Share, by Application 2022 & 2030 (%)
8.3 Acute Fracture or Sprains
8.3.1 Overview
8.3.2 Acute Fracture or Sprains: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Tendon and Ligament Injuries
8.4.1 Overview
8.4.2 Tendon and Ligament Injuries: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Others
8.5.1 Overview
8.5.2 Others: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
9. Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 – by Material
9.1 Overview
9.2 Europe Clinic Casting and Splinting Products Market Revenue Share, by Material 2022 & 2030 (%)
9.3 Plaster of Paris
9.3.1 Overview
9.3.2 Plaster of Paris: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Fiberglass
9.4.1 Overview
9.4.2 Fiberglass: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
9.5 Others
9.5.1 Overview
9.5.2 Others: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
10. Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 – Country Analysis
10.1 Europe Clinic Casting and Splinting Products Market
10.1.1 Overview
10.1.2 Europe Clinic Casting and Splinting Products Market, by Country, 2022 & 2030 (%)
10.1.2.1 Germany: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.1.1 Overview
10.1.2.1.2 Germany: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.1.3 Germany: Europe Clinic Casting and Splinting Products Market, by Product, 2020–2030 (US$ Million)
10.1.2.1.3.1 Germany: Europe Clinic Casting and Splinting Products Market, For Casting by Product, 2020–2030 (US$ Million)
10.1.2.1.3.2 Germany: Europe Clinic Casting and Splinting Products Market, For Splinting by Product, 2020–2030 (US$ Million)
10.1.2.1.4 Germany: Europe Clinic Casting and Splinting Products Market, by Application, 2020–2030 (US$ Million)
10.1.2.1.5 Germany: Europe Clinic Casting and Splinting Products Market, by Material, 2020–2030 (US$ Million)
10.1.2.2 France: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.2.1 Overview
10.1.2.2.2 France: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.2.3 France: Europe Clinic Casting and Splinting Products Market, by Product, 2020–2030 (US$ Million)
10.1.2.2.3.1 France: Europe Clinic Casting and Splinting Products Market, For Casting by Product, 2020–2030 (US$ Million)
10.1.2.2.3.2 France: Europe Clinic Casting and Splinting Products Market, For Splinting by Product, 2020–2030 (US$ Million)
10.1.2.2.4 France: Europe Clinic Casting and Splinting Products Market, by Application, 2020–2030 (US$ Million)
10.1.2.2.5 France: Europe Clinic Casting and Splinting Products Market, by Material, 2020–2030 (US$ Million)
10.1.2.3 UK: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.3.1 Overview
10.1.2.3.2 UK: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.3.3 UK: Europe Clinic Casting and Splinting Products Market, by Product, 2020–2030 (US$ Million)
10.1.2.3.3.1 UK: Europe Clinic Casting and Splinting Products Market, For Casting by Product, 2020–2030 (US$ Million)
10.1.2.3.3.2 UK: Europe Clinic Casting and Splinting Products Market, For Splinting by Product, 2020–2030 (US$ Million)
10.1.2.3.4 UK: Europe Clinic Casting and Splinting Products Market, by Application, 2020–2030 (US$ Million)
10.1.2.3.5 UK: Europe Clinic Casting and Splinting Products Market, by Material, 2020–2030 (US$ Million)
10.1.2.4 Italy: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.4.1 Overview
10.1.2.4.2 Italy: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.4.3 Italy: Europe Clinic Casting and Splinting Products Market, by Product, 2020–2030 (US$ Million)
10.1.2.4.3.1 Italy: Europe Clinic Casting and Splinting Products Market, For Casting by Product, 2020–2030 (US$ Million)
10.1.2.4.3.2 Italy: Europe Clinic Casting and Splinting Products Market, For Splinting by Product, 2020–2030 (US$ Million)
10.1.2.4.4 Italy: Europe Clinic Casting and Splinting Products Market, by Application, 2020–2030 (US$ Million)
10.1.2.4.5 Italy: Europe Clinic Casting and Splinting Products Market, by Material, 2020–2030 (US$ Million)
10.1.2.5 Spain: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.5.1 Overview
10.1.2.5.2 Spain: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.5.3 Spain: Europe Clinic Casting and Splinting Products Market, by Product, 2020–2030 (US$ Million)
10.1.2.5.3.1 Spain: Europe Clinic Casting and Splinting Products Market, For Casting by Product, 2020–2030 (US$ Million)
10.1.2.5.3.2 Spain: Europe Clinic Casting and Splinting Products Market, For Splinting by Product, 2020–2030 (US$ Million)
10.1.2.5.4 Spain: Europe Clinic Casting and Splinting Products Market, by Application, 2020–2030 (US$ Million)
10.1.2.5.5 Spain: Europe Clinic Casting and Splinting Products Market, by Material, 2020–2030 (US$ Million)
10.1.2.6 Rest of Europe: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.6.1 Overview
10.1.2.6.2 Rest of Europe: Europe Clinic Casting and Splinting Products Market – Revenue and Forecast to 2030 (US$ Million)
10.1.2.6.3 Rest of Europe: Europe Clinic Casting and Splinting Products Market, by Product, 2020–2030 (US$ Million)
10.1.2.6.3.1 Rest of Europe: Europe Clinic Casting and Splinting Products Market, For Casting by Product, 2020–2030 (US$ Million)
10.1.2.6.3.2 Rest of Europe: Europe Clinic Casting and Splinting Products Market, For Splinting by Product, 2020–2030 (US$ Million)
10.1.2.6.4 Rest of Europe: Europe Clinic Casting and Splinting Products Market, by Application, 2020–2030 (US$ Million)
10.1.2.6.5 Rest of Europe: Europe Clinic Casting and Splinting Products Market, by Material, 2020–2030 (US$ Million)
11. Europe Clinic Casting and Splinting Products Market–Industry Landscape
11.1 Overview
11.2 Recent Growth Strategies
11.2.1 Overview
12. Company Profiles
12.1 DeRoyal Industries Inc
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 3M Co
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 Essity AB
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Zimmer Biomet Holdings Inc
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 Ossur hf
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 Performance Health Holding Inc
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 Enovis Corp
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
13. Appendix
13.1 About Us
13.2 Glossary of Terms

LIST OF TABLES

Table 1. Germany Procedure Trays Market Segmentation
Table 2. List of Vendors in Value Chain
Table 3. Germany Procedure Trays Market, by Application – Revenue and Forecast to 2030 (US$ Million)
Table 4. Germany Procedure Trays Market, by End User – Revenue and Forecast to 2030 (US$ Million)
Table 5. Organic Developments in the Germany Procedure Trays Market
Table 6. Inorganic Developments in the Germany Procedure Trays Market
Table 7. Glossary of Terms, Procedure Trays Market

LIST OF FIGURES

Figure 1. Germany Procedure Trays Market Segmentation
Figure 2. Germany – PEST Analysis
Figure 3. Germany Procedure Trays Market: Key Industry Dynamics
Figure 4. Germany Procedure Trays Market: Impact Analysis of Drivers and Restraints
Figure 5. Germany Procedure Trays Market Revenue (US$ Mn), 2020 – 2030
Figure 6. Germany Procedure Trays Market Revenue Share, by Application 2022 & 2030 (%)
Figure 7. Operating Room: Germany Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)
Figure 8. Angiography: Germany Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)
Figure 9. Ophthalmology: Germany Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)
Figure 10. Others: Germany Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)
Figure 11. Germany Procedure Trays Market Revenue Share, by End User 2022 & 2030 (%)
Figure 12. Hospitals & Clinics: Germany Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Ambulatory Surgical Centers: Germany Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Others: Germany Procedure Trays Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. Growth Strategies in Germany Procedure Trays Market (%)

The List of Companies – Germany 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

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