PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1270352
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1270352
Surgical Pouch Market size was valued at USD 1,509.9 Million in 2022, expanding at a CAGR of 4.2% from 2023 to 2030.
A cutting-edge sterile services product called the "Surgical Pouch" provides an alternative to antiquated, unsustainable, and ineffective medical practises.To specifically increase the safety of sterilised surgical equipment, the SSD departments created the Surgical Pouch. Because the product is durable, there is less chance that a ruptured pouch may cause a surgery to be cancelled.
Market Dynamics
The demand for surgery pouches in the market is rising due to the constantly expanding population of patients with ulcerative colitis and other persistently disruptive diseases who require advanced surgical operations. Morever, a pouch system is used in the kind of ostomy surgery to collect urine or stool. With a two-piece system, the skin barrier and pouch are separate; in a one-piece system, they are combined. Closed-end pouches are ideal for private times and special occasions because they are made to be used only once. As risk-based pressures increase, hospital management will increasingly examine the cost of new technology and its effects on patient outcomes. And this will spur market expansion.
In addition, there are several advantages to developing an ileoanal pouch with minimally invasive surgery. Some traits, like increased fertility, are unique to the ileoanal pouch while others, like those that apply to all colorectal resections, are not. Less invasive surgical techniques, such as laparoscopy and robotic surgery, are now used by surgeons to perform open surgery treatments. Here are a few of the innovations that drive market expansion.
The sterilisation pouches market is divided into sterilisation containers, sterilisation wrappings, and other categories based on type. Paper pouches and plastic pouches make up the other division of the sterilisation pouches market. The paper and plastic-based category is anticipated to be the most rapidly growing in the market due to the rising demand for small instruments and medical equipment in clinics and hospitals.
On the basis of application, sterilization pouches market is segmented into Hospitals, CSSDs, Clinics and others. Because to the large number of patients they serve and the numerous medical tasks that are performed in these facilities, hospitals are the largest users of sterilisation pouches. Surgical procedures done on patients use sterilised medical equipment and instruments.
The Asia Pacific is expected to dominate the market during the forecast period. The world's pharmaceutical sector is constantly expanding, which has helped pharma packaging. In heavily populated nations like China and India, pharmaceutical packaging is in great demand. Demand has been significantly increased by these countries' increased pharmaceutical output. Morever, Pharma behemoths from the region include China and India, two major suppliers to the pharmaceutical sector. The Indian Economic Survey 2021 predicts that the house market will increase three times during the following ten years. The domestic pharmaceutical market in India is anticipated to reach a value of USD 42 billion in 2021, USD 65 billion by 2024, and USD 120-130 billion by 2030.
In December 2021, DAS Medical of the United States was purchased by UFP Technologies, a producer of medical components, subassemblies, products, and packaging, for an undisclosed value. The Atlanta, Georgia-based firm DAS Medical creates, develops, and produces fluid control pouches, robotic draping systems, and single-use surgical equipment coverings.
This proposed research study on the Surgical Pouch market provides market size (US$ Million), compound annual growth rate (CAGR %) and forecast estimation (2023-2030), considering 2022 as the base year
The research report elucidates potential growth opportunities across different segments/countries and explains an attractive investment proposition matrix for the Surgical Pouch market
The overall report identifies new investment opportunities, challenges faced by established players, and growth factors to sustain the Surgical Pouch market
The impact of COVID-19 on the Surgical Pouch market size, forecast, CAGR, and market dynamics are discussed in detail under the research scope. Detailed insight into the Surgical Pouch market post-COVID will also be covered.
To give the users of this report a comprehensive view of the Surgical Pouch market, we have also included a competitive landscape and key innovator analysis for the Surgical Pouch market.
The study encompasses a growth prospect mapping analysis, wherein all the industry segments are benchmarked based on their market size, growth rate and attractiveness.
The report offers detailed company profiling featuring major market participants which will help users to understand the financial information and strategic initiatives of players operating in the Surgical Pouch market.
In addition, the report also unveils the important acquisitions & mergers, collaborations & joint ventures, new launches, research & development, and regional expansion of major participants involved in the market on global as well as regional levels.
The global Surgical Pouch market report primarily caters to various stakeholders in this industry including suppliers, investors, new entrants, distributors, and financial analysts
GLOBAL SURGICAL POUCH MARKET KEY PLAYERS
Cardinal Health
Smurfit Kappa
Amcor plc
Shanghai Jianzhong Medical Equipment Packing Co., Ltd.
Certol International
Dynarex Corporation
Mondi Group
Berry Global
YIPAK
Getinge Group
STERIS
Wihuri
Prompac
PMS Healthcare Technologies
3M
AMD Medicom Inc.
STERIMED
GLOBAL SURGICAL POUCH MARKET, BY TYPE
Sterilization Pouches
Paper Pouches
Plastic Pouches
Sterilization Wrapping
Sterilization Containers
Others
GLOBAL SURGICAL POUCH MARKET, BY APPLICATION
Hospitals
CSSDs
Clinics
Others
GLOBAL SURGICAL POUCH MARKET, BY END-USER
Food & Beverages
Healthcare
Cosmetics
Household Goods
Others
GLOBAL SURGICAL POUCH MARKET, BY REGION
North America
The U.S.
Canada
Europe
Germany
France
Italy
Spain
United Kingdom
Russia
Netherlands
Sweden
Poland
Rest of Europe
Asia Pacific
India
China
South Korea
Japan
Australia
Thailand
Indonesia
Philippines
Rest of APAC
Latin America
Brazil
Mexico
Argentina
Colombia
Rest of LATAM
The Middle East and Africa
Saudi Arabia
United Arab Emirates
Israel
Turkey
Algeria
Egypt
Rest of MEA