1. Market Research
  2. > Healthcare
  3. > Health Services Market Trends

Western and Eastern European Custom Procedure Trays and Packs (CPTP) Market : Ripe Opportunities Exist Within the Growing Landscape

  • March 2015
  • 50 pages
  • Frost & Sullivan
Report ID: 2780383

Summary

Table of Contents

Methodology

•Primary interviews were conducted with key industry experts and regulatory authorities. Designations of interviewed participants include chief executive officers, marketing managers, directors, and vice presidents.
•Secondary research sources such as in-house Frost & Sullivan database, Frost & Sullivan’s Decision Support Database, company annual reports, scientific journals, and industry-related articles have also been utilized.
•The objective of the research service is to present a comprehensive analysis of the Western and Eastern European Custom Procedure Trays and Packs (CPTP) market potential and key market dynamics.
•The study also covers factors driving the growth, challenges affecting the industry, and opportunities within the total market and the market segments as estimated for the forecast period.
•The study period is from 2011 to 2019, with 2014 as base year and 2015 to 2019 as the forecast period.

Key Findings

•The revenue of the total Western and the Eastern European CPTP market was estimated to be $ x million in 2014. It is a growing market and is expected to reach $ x million by 2018 at a CAGR of x %.
•Both Western and Eastern European hospitals have started incorporating CPTP as a standard setting within their framework, as it results in increased saving of cost as well as time, and consequently improves the overall efficiency of procedures.
•The global population is ageing and obesity and diabetes are on the rise as well. These result in increased procedure volumes, which increases the usage of CPTP, thereby, increasing the revenue in this market.
•However, due to the current economic slowdown, manufacturers of CPTP products are forced to keep prices down, thus, causing a strain on market revenue.
•Additionally, there are no definitive government regulations mandating the use of CPTPs within hospital settings. The varying nature of regulations across Europe has lead to its poor adoption.
•Despite the high number of market participants, a majority of the share is controlled by a handful of select participants such as Mölnlycke Health Care, Medline Industries, Inc., and Novartis.

Key Questions This Study Will Answer

What is the market size and potential for CPTP products?
Which segment of CPTP is growing the fastest? How long will it continue to grow, and at what rate?
What is the greatest challenge faced by the CPTP market and how can it be overcome?
Are the products and services offered currently meeting customer needs, or are there additional developments needed?

CEO’s Perspective

Emphasis must be continually placed on the advantages that hospitals derive from a total service offering and pack programme. Continued education will help change end-user perception and unlock the true value of a holistic pack programme for customers.
CPTP providers will have to find a sweet spot between customising trays according to end-user preferences and standardising trays to keep control of their own costs. One way to address this problem is by standardising basic commodity items in packs.
Companies are trying to provide greatest pack component coverage. Currently, only around x % of the items needed for a specific procedure is catered to. The remaining x % is bought from individual suppliers. Decreasing the gap will be a win-win situation for both the customer as well as the company.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

2017 Analysis of the Global Tumor Marker Testing Market: Emerging Opportunities and Growth Strategies for Instrument and Reagent Suppliers

  • $ 28500
  • Industry report
  • March 2017
  • by Venture Planning Group

Highlights - Identifies and evaluates major business opportunities emerging in the tumor marker market during the next ten years- Examines trends in the U.S., Europe and Japan- Reviews current and emerging ...

Tumor Markers 2021: Reagents and Instrumentation--Supplier Shares and Strategies, Country Segment Forecasts, Emerging Opportunities

  • $ 21100
  • Industry report
  • March 2017
  • by Venture Planning Group

Complete report $34,750.  DataPack (test volumes, sales forecasts, supplier shares) $21,100. Highlights - Identifies and evaluates major business opportunities emerging in the tumor marker market during ...

2017 Competing in the Global Cancer Diagnostics Market

  • $ 21100
  • Industry report
  • March 2017
  • by Venture Planning Group

This new VPGMarketResearch.com comprehensive seven-country study identifies and evaluates major business opportunities emerging in the cancer diagnostics market during the next five years; examines trends ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.