Several surgical markets are expected to grow in coming years. The predicted growth of thee markets suggest that the surgical instrument storage market also has potential to increase over the years.
According to a Towards Healthcare report, the ambulatory surgical centers market was accounted for $87.32 billion in 2021 and is predicted to increase at $152.6 billion by 2030 and poised to grow at a compound annual growth rate (CAGR) of 6.4% from 2022 to 2030.
Transparency Market Research reports that the surgical kits market will exceed $40 billion by 2031.
Mkt Reach states that the closed surgical case carts market is expected to witness steady growth during the forecast period (ending on 2031), with a CAGR of 10%. The increasing number of surgical procedures, technological advancements, and the need for efficient instrument management are driving the market’s growth.
A Mordor Intelligence report states that the global surgical case carts market size is estimated at $415.36 million in 2024, and is expected to reach $590.5 million by 2029, growing at a CAGR of 7.29% during the forecast period (2024-2029).
“The COVID-19 pandemic and numerous advisories from the respective government regarding surgical procedures led to a significant decrease in surgical procedures around the world. For instance, according to the study published in PLOS One, in August 2022, the quaternary care facility successfully dealt with the COVID-19 pandemic’s pressures by significantly reducing the number of surgical procedures performed during the peak of the pandemic. However, despite uneven recovery rates across subspecialties and case classes, total surgical procedure volumes did not fully return to pre-COVID-19 levels until well into 2021. This has impacted the adoption of surgical case carts due to the reduced number of surgeries during the pandemic,” the report states. “However, the number of surgeries increased after the initial decline during the pandemic, and it is expected that the studied market will bounce back to its full potential in the coming years. For instance, according to the research study published in Frontiers in Surgery, in December 2021, there was a 48.0% decrease in total surgical procedure volume immediately after the March 2020 recommendation to cancel elective surgical procedures. However, after the reopening, the rate of surgical procedures rebounded to pre-pandemic levels, and the trend was maintained throughout the peak burden of patients with COVID-19 in the fall and winter in the United States. This shows that the number of surgical procedures is expected to reach a pre-COVID level soon, and the studied market is expected to grow over the forecast period. Certain factors that are propelling the market growth are the increasing number of surgeries and rising health care infrastructure.”
A post on Medium.com says the future of the operating room cabinets market is “expected to be positive.”
“The increasing number of surgeries and the rising demand for efficient storage solutions in operating rooms are driving market growth. Additionally, advancements in technology have led to the development of innovative cabinet designs with features like automated inventory management systems, anti-microbial coatings, and RFID tracking, which further contribute to the market’s expansion,” the post states.
The Medium.com post also states, “Furthermore, the global market for operating room cabinets is projected to grow at a CAGR of 6% during the forecasted period. This growth can be attributed to factors such as the increasing number of surgical procedures, advancements in health care infrastructure, and the rising adoption of technology-driven storage solutions. The market is highly competitive, with key players focusing on product innovation and strategic partnerships to gain a competitive edge.”
