Europe Procedure Trays Market Size & Outlook, 2023-2030
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Europe procedure trays market highlights
- The Europe procedure trays market generated a revenue of USD 5,807.5 million in 2023.
- The market is expected to grow at a CAGR of 12.9% from 2024 to 2030.
- In terms of segment, or was the largest revenue generating product in 2023.
- OR is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 5,807.5 million |
| Market revenue in 2030 | USD 13,583.6 million |
| Growth rate | 12.9% (CAGR from 2023 to 2030) |
| Largest segment | Or |
| Fastest growing segment | OR |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OR, Angiography, Ophthalmic |
| Key market players worldwide | Owens & Minor Inc, Cardinal Health Inc, 3M Co, Teleflex Inc, B. Braun, BD, Merit Medical Systems Inc, Mölnlycke Health Care, Hartmann Holdings, Medtronic PLC, CPT Medical |
Other key industry trends
- In terms of revenue, Europe region accounted for 29.9% of the global procedure trays market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 13,583.6 million by 2030.
Or was the largest segment with a revenue share of 58.98% in 2023. Horizon Databook has segmented the Europe procedure trays market based on or, angiography, ophthalmic covering the revenue growth of each sub-segment from 2017 to 2030.
The Europe procedure trays market is likely to grow at 12.4% rate due to increasing number of surgeries, growing geriatric population, and technological improvements in surgical procedures across Europe. The UK, Germany, France, and Italy are some of the major contributing countries to the European market. Germany accounted for the highest market share in 2018, followed by the UK.
High share of this region can be attributed to high adoption of advanced technology, presence of a large pool of geriatric population, increasing reimbursement for surgical procedures, and rising demand for minimally invasive procedures over traditional methods. In Europe, Cardiovascular Diseases (CVDs) remain the primary cause of death in most of the countries.
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Procedure Trays Market Scope
Procedure Trays Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| CPT Medical | View profile | 51-100 | Greenville, South Carolina, United States, North America | https://cptmed.com |
| Merit Medical Systems Inc | View profile | 6950 | 1600 West Merit Parkway, South Jordan, UT, United States, 84095 | https://www.merit.com |
| Owens & Minor Inc | View profile | 13700 | 9120 Lockwood Boulevard, Mechanicsville, VA, United States, 23116 | https://www.owens-minor.com |
| Mölnlycke Health Care | View profile | 11-50 | Budapest, Budapest, Hungary, Europe | https://www.molnlycke.hu |
| Hartmann Holdings | View profile | - | Moscow, Moscow City, Russian Federation, Europe | https://www.hartmannholdings.com |
| BD | View profile | 10001+ | Franklin Lakes, New Jersey, United States, North America | https://www.bd.com |
| B. Braun | View profile | 10001+ | Chapeltown, Sheffield, United Kingdom, Europe | https://www.bbraun.co.uk |
| Cardinal Health Inc | View profile | 48000 | 7000 Cardinal Place, Dublin, OH, United States, 43017 | https://www.cardinalhealth.com |
| Teleflex Inc | View profile | 14500 | 550 East Swedesford Road, Suite 400, Wayne, PA, United States, 19087 | https://www.teleflex.com |
| 3M Co | View profile | 85000 | 3M Center, St. Paul, MN, United States, 55144 | https://www.3m.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
Europe procedure trays market size, by country, 2017-2030 (US$M)
Europe Procedure Trays Market Outlook Share, 2023 & 2030 (US$M)
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