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Frost & Sullivan: Western European Markets Confirm Undisputed Convenience and Cost Benefit of Custom Procedure Trays
Date:12/8/2009

LONDON, Dec. 8 /PRNewswire/ -- Custom Procedure Trays (CPT) offer off-the-shelf convenience to hospitals, reduce costs and lead to more efficient operating rooms (OR) with faster turnaround times. The general market opinion is that once hospitals have converted to CPT, they will never convert back. Many existing customers have not only experienced the convenience of using custom packs, but have also come to realise the true cost-benefit of these trays. Customers are dependent on continued supply of custom packs to run an efficient OR and the loyalty of these customers will continue, even amidst difficult economic times.

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New analysis from Frost & Sullivan (http://www.medicaldevices.frost.com), Western European Markets for Custom Procedure Trays, finds that the OR CPT market earned revenues of $261.3 million in 2008 and estimates this to reach $776.4 million in 2015. The following technologies are covered in this research: angiography CPT, ophthalmology CPT, operating room CPT and anaesthesia room CPT.

"Growth in the construction of private clinics, especially orthopaedic clinics, will contribute to solid revenue growth rates in this market," notes Frost & Sullivan Research Analyst Jolize Gerber. "Orthopaedic procedures have a very high penetration level of CPT due to the fact that orthopaedic surgeries require many components. This fact, coupled with the need for speed and a sterile environment, has facilitated the rapid adoption of trays."

General surgery and cardiovascular surgery are further considered to be high-growth areas for OR CPT.

The enforcement of stricter infection-control measures has,
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SOURCE Frost & Sullivan
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