Surgical Instrument Tracking System Market Overview
The Surgical Instrument Tracking System Market size is expected to grow from USD 230.2 Million in 2022 to USD 746.9 Million by 2030, at a CAGR of 15.9 % during the forecast period.
A Surgical instrument tracking system is designed to improve on manual recording and paper trails for managing an institution’s instrument inventory at the tray level. RFID Discovery provides real-time location information on surgical equipment and endoscopes to improve the utilization, management, and auditing of assets. An instrument tracking system promotes surgical care safety and operational efficiency by assisting in inventory management and automating tracking at specific points of service, such as assembly, distribution sterile processing, and others. It gives users exact cycle counts completed by an instrument and can’t further use after the maximum cycles have been reached. This completely removes user discretion and manual cycle counts and makes the process safer for patients.
Rising diseases like cardiovascular illnesses and other chronic disorders also increase the number of surgical procedures, including accidents, sports injuries, and cardiac surgeries are the major driving factors of the Surgical instrument tracking system market. Advancements in technology expand the use of tracking systems in the upcoming years. Hospital facility uses RFID to identify and track gadget. Nowadays the adaption of 2D barcodes increased to improve instrument identification for sterile processing staff members. Healthcare businesses in these economies may have opportunities for growth due to increasing healthcare infrastructure. Each time a hospital returns a tray, the manufacturer needs to check that each instrument of surgery is there, correctly placed, cleaned, and fit so that it can be easy to use for the next procedure such factors increases the demand for surgical instrument tracking system market in the upcoming years. A surgical instrument tracking system helps to increase patient safety. This is due to enhanced sterile processing and distribution processes facilitating to optimization of patient care.
Market Dynamics And Factors For Surgical Instrument Tracking System Market
Drivers:
- High Rate of Adoption of Surgical Instrument Tracking Systems by Hospitals
Restraints:
- High Cost Associated with the Surgical Instrument Tracking System
Opportunity:
- Emerging Technologies in Surgical Instrument Tracking System
Regional Analysis In Surgical Instrument Tracking System Market
North America dominated the surgical instrument tracking system market. Owing to the increasing adoption of surgical instrument-tracking technology in the hospitals in this region. The introduction of the Unique Device Identification (UDI) by the FDA and the need to reduce healthcare expenditures drive the growth of the surgical instrument tracking system in North America. Increasing the number of surgical procedures and increase in the demand for surgical instrument tracking devices drives the market share. Also, technologically advanced products offering more features in tracking devices are the driving factor in this region. Additionally, an increase in the per capita healthcare expenditure with highly developed medical infrastructure drives the growth of the surgical instrument tracking system market in the upcoming years.
Key Industry Development In The Surgical Instrument Tracking System Market
In January 2023, SAVI transformed global surgical instrument tracking with Google Cloud- Powered by Vertex AI, SAVI (Semi-Automated Vision Inspection) transformed surgical instrument identification and cataloging, leading to fewer canceled surgeries and easing pressure on surgery waitlists.
Covid-19 Impact Analysis On Surgical Instrument Tracking System Market
The Covid-19 pandemic affects the global surgical instrument tracking system market. It negatively impacts market growth. Many elective surgeries were get canceled or postponed during the pandemic situation. For instance, according to the World Economic Forum, about 38% of global cancer surgery has been postponed or canceled during the covid-19 pandemic. In some countries, engineers and experts are not able to begin the manufacturing of advanced chips, among other products. Covid-19 affects many labs as experience delays in obtaining regulatory approval, thus rising operating expenses. The pandemic shut down many businesses also there was distribution in the supply and manufacturing sector in many companies. However, the positive thing to come out during the pandemic was the development of opportunities with an increased focus on surgical instrument tracking systems is driving the surgical instrument tracking System market growth after the covid-19 pandemic.
Top Key Players Covered In The Surgical Instrument Tracking System Market
- Xerafy Singapore Pte Ltd. (Singapore)
- B. Braun Melsungen AG (Germany)
- Ternio Group LLC (US)
- FingerPrint Medical Limited (UK)
- Integra LifeSciences Holdings Corporation (US)
- SpaTrack Medical Limited (UK)
- Getinge AB (Sweden)
- Material Management Microsystems (US)
- Fortive Corporation (US)
- BD (US), and Other Major Players
Key Industry Development In The Surgical Instrument Tracking System Market
In January 2023, SAVI transformed global surgical instrument tracking with Google Cloud- Powered by Vertex AI, SAVI (Semi-Automated Vision Inspection) transformed surgical instrument identification and cataloging, leading to fewer canceled surgeries and easing pressure on surgery waitlists.
Global Surgical Instrument Tracking System Market |
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Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2016 to 2021 |
Market Size in 2022: |
USD 230.2 Mn. |
Forecast Period 2023-30 CAGR: |
15.9% |
Market Size in 2030: |
USD 746.9 Mn. |
Segments Covered: |
By Components |
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By Technology |
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By End Users |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Components
3.2 By Technology
3.3 By End User
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Surgical Instrument Tracking System Market by Components
5.1 Surgical Instrument Tracking System Market Overview Snapshot and Growth Engine
5.2 Surgical Instrument Tracking System Market Overview
5.3 Hardware
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Hardware: Geographic Segmentation
5.4 Software
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Software: Geographic Segmentation
5.5 Services
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Services: Geographic Segmentation
Chapter 6: Surgical Instrument Tracking System Market by Technology
6.1 Surgical Instrument Tracking System Market Overview Snapshot and Growth Engine
6.2 Surgical Instrument Tracking System Market Overview
6.3 Barcodes
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Barcodes: Geographic Segmentation
6.4 RFID
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 RFID: Geographic Segmentation
Chapter 7: Surgical Instrument Tracking System Market by End User
7.1 Surgical Instrument Tracking System Market Overview Snapshot and Growth Engine
7.2 Surgical Instrument Tracking System Market Overview
7.3 Hospitals
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2028F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Hospitals: Geographic Segmentation
7.4 Ambulatory Surgical Centers
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2028F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Ambulatory Surgical Centers: Geographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Positioning
8.1.2 Surgical Instrument Tracking System Sales and Market Share By Players
8.1.3 Industry BCG Matrix
8.1.4 Heat Map Analysis
8.1.5 Surgical Instrument Tracking System Industry Concentration Ratio (CR5 and HHI)
8.1.6 Top 5 Surgical Instrument Tracking System Players Market Share
8.1.7 Mergers and Acquisitions
8.1.8 Business Strategies By Top Players
8.2 XERAFY SINGAPORE PTE LTD.
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Operating Business Segments
8.2.5 Product Portfolio
8.2.6 Business Performance
8.2.7 Key Strategic Moves and Recent Developments
8.2.8 SWOT Analysis
8.3 B. BRAUN MELSUNGEN AG
8.4 TERNIO GROUP LLC
8.5 FINGERPRINT MEDICAL LIMITED
8.6 INTEGRA LIFESCIENCES HOLDINGS CORPORATION
8.7 SPATRACK MEDICAL LIMITED
8.8 GETINGE AB
8.9 MATERIAL MANAGEMENT MICROSYSTEMS
8.10 FORTIVE CORPORATION
8.11 BD
8.12 OTHER MAJOR PLAYERS
Chapter 9: Global Surgical Instrument Tracking System Market Analysis, Insights and Forecast, 2016-2028
9.1 Market Overview
9.2 Historic and Forecasted Market Size By Components
9.2.1 Hardware
9.2.2 Software
9.2.3 Services
9.3 Historic and Forecasted Market Size By Technology
9.3.1 Barcodes
9.3.2 RFID
9.4 Historic and Forecasted Market Size By End User
9.4.1 Hospitals
9.4.2 Ambulatory Surgical Centers
Chapter 10: North America Surgical Instrument Tracking System Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Components
10.4.1 Hardware
10.4.2 Software
10.4.3 Services
10.5 Historic and Forecasted Market Size By Technology
10.5.1 Barcodes
10.5.2 RFID
10.6 Historic and Forecasted Market Size By End User
10.6.1 Hospitals
10.6.2 Ambulatory Surgical Centers
10.7 Historic and Forecast Market Size by Country
10.7.1 U.S.
10.7.2 Canada
10.7.3 Mexico
Chapter 11: Europe Surgical Instrument Tracking System Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Components
11.4.1 Hardware
11.4.2 Software
11.4.3 Services
11.5 Historic and Forecasted Market Size By Technology
11.5.1 Barcodes
11.5.2 RFID
11.6 Historic and Forecasted Market Size By End User
11.6.1 Hospitals
11.6.2 Ambulatory Surgical Centers
11.7 Historic and Forecast Market Size by Country
11.7.1 Germany
11.7.2 U.K.
11.7.3 France
11.7.4 Italy
11.7.5 Russia
11.7.6 Spain
11.7.7 Rest of Europe
Chapter 12: Asia-Pacific Surgical Instrument Tracking System Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Components
12.4.1 Hardware
12.4.2 Software
12.4.3 Services
12.5 Historic and Forecasted Market Size By Technology
12.5.1 Barcodes
12.5.2 RFID
12.6 Historic and Forecasted Market Size By End User
12.6.1 Hospitals
12.6.2 Ambulatory Surgical Centers
12.7 Historic and Forecast Market Size by Country
12.7.1 China
12.7.2 India
12.7.3 Japan
12.7.4 Singapore
12.7.5 Australia
12.7.6 New Zealand
12.7.7 Rest of APAC
Chapter 13: Middle East & Africa Surgical Instrument Tracking System Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Components
13.4.1 Hardware
13.4.2 Software
13.4.3 Services
13.5 Historic and Forecasted Market Size By Technology
13.5.1 Barcodes
13.5.2 RFID
13.6 Historic and Forecasted Market Size By End User
13.6.1 Hospitals
13.6.2 Ambulatory Surgical Centers
13.7 Historic and Forecast Market Size by Country
13.7.1 Turkey
13.7.2 Saudi Arabia
13.7.3 Iran
13.7.4 UAE
13.7.5 Africa
13.7.6 Rest of MEA
Chapter 14: South America Surgical Instrument Tracking System Market Analysis, Insights and Forecast, 2016-2028
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Components
14.4.1 Hardware
14.4.2 Software
14.4.3 Services
14.5 Historic and Forecasted Market Size By Technology
14.5.1 Barcodes
14.5.2 RFID
14.6 Historic and Forecasted Market Size By End User
14.6.1 Hospitals
14.6.2 Ambulatory Surgical Centers
14.7 Historic and Forecast Market Size by Country
14.7.1 Brazil
14.7.2 Argentina
14.7.3 Rest of SA
Chapter 15 Investment Analysis
Chapter 16 Analyst Viewpoint and Conclusion
Global Surgical Instrument Tracking System Market |
|||
Base Year: |
2022 |
Forecast Period: |
2023-2030 |
Historical Data: |
2016 to 2021 |
Market Size in 2022: |
USD 230.2 Mn. |
Forecast Period 2023-30 CAGR: |
15.9% |
Market Size in 2030: |
USD 746.9 Mn. |
Segments Covered: |
By Components |
|
|
By Technology |
|
||
By End Users |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. SURGICAL INSTRUMENT TRACKING SYSTEM MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. SURGICAL INSTRUMENT TRACKING SYSTEM MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. SURGICAL INSTRUMENT TRACKING SYSTEM MARKET COMPETITIVE RIVALRY
TABLE 005. SURGICAL INSTRUMENT TRACKING SYSTEM MARKET THREAT OF NEW ENTRANTS
TABLE 006. SURGICAL INSTRUMENT TRACKING SYSTEM MARKET THREAT OF SUBSTITUTES
TABLE 007. SURGICAL INSTRUMENT TRACKING SYSTEM MARKET BY COMPONENTS
TABLE 008. HARDWARE MARKET OVERVIEW (2016-2028)
TABLE 009. SOFTWARE MARKET OVERVIEW (2016-2028)
TABLE 010. SERVICES MARKET OVERVIEW (2016-2028)
TABLE 011. SURGICAL INSTRUMENT TRACKING SYSTEM MARKET BY TECHNOLOGY
TABLE 012. BARCODES MARKET OVERVIEW (2016-2028)
TABLE 013. RFID MARKET OVERVIEW (2016-2028)
TABLE 014. SURGICAL INSTRUMENT TRACKING SYSTEM MARKET BY END USER
TABLE 015. HOSPITALS MARKET OVERVIEW (2016-2028)
TABLE 016. AMBULATORY SURGICAL CENTERS MARKET OVERVIEW (2016-2028)
TABLE 017. NORTH AMERICA SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY COMPONENTS (2016-2028)
TABLE 018. NORTH AMERICA SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY TECHNOLOGY (2016-2028)
TABLE 019. NORTH AMERICA SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY END USER (2016-2028)
TABLE 020. N SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY COUNTRY (2016-2028)
TABLE 021. EUROPE SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY COMPONENTS (2016-2028)
TABLE 022. EUROPE SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY TECHNOLOGY (2016-2028)
TABLE 023. EUROPE SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY END USER (2016-2028)
TABLE 024. SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY COUNTRY (2016-2028)
TABLE 025. ASIA PACIFIC SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY COMPONENTS (2016-2028)
TABLE 026. ASIA PACIFIC SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY TECHNOLOGY (2016-2028)
TABLE 027. ASIA PACIFIC SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY END USER (2016-2028)
TABLE 028. SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY COUNTRY (2016-2028)
TABLE 029. MIDDLE EAST & AFRICA SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY COMPONENTS (2016-2028)
TABLE 030. MIDDLE EAST & AFRICA SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY TECHNOLOGY (2016-2028)
TABLE 031. MIDDLE EAST & AFRICA SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY END USER (2016-2028)
TABLE 032. SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY COUNTRY (2016-2028)
TABLE 033. SOUTH AMERICA SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY COMPONENTS (2016-2028)
TABLE 034. SOUTH AMERICA SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY TECHNOLOGY (2016-2028)
TABLE 035. SOUTH AMERICA SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY END USER (2016-2028)
TABLE 036. SURGICAL INSTRUMENT TRACKING SYSTEM MARKET, BY COUNTRY (2016-2028)
TABLE 037. XERAFY SINGAPORE PTE LTD.: SNAPSHOT
TABLE 038. XERAFY SINGAPORE PTE LTD.: BUSINESS PERFORMANCE
TABLE 039. XERAFY SINGAPORE PTE LTD.: PRODUCT PORTFOLIO
TABLE 040. XERAFY SINGAPORE PTE LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. B. BRAUN MELSUNGEN AG: SNAPSHOT
TABLE 041. B. BRAUN MELSUNGEN AG: BUSINESS PERFORMANCE
TABLE 042. B. BRAUN MELSUNGEN AG: PRODUCT PORTFOLIO
TABLE 043. B. BRAUN MELSUNGEN AG: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. TERNIO GROUP LLC: SNAPSHOT
TABLE 044. TERNIO GROUP LLC: BUSINESS PERFORMANCE
TABLE 045. TERNIO GROUP LLC: PRODUCT PORTFOLIO
TABLE 046. TERNIO GROUP LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. FINGERPRINT MEDICAL LIMITED: SNAPSHOT
TABLE 047. FINGERPRINT MEDICAL LIMITED: BUSINESS PERFORMANCE
TABLE 048. FINGERPRINT MEDICAL LIMITED: PRODUCT PORTFOLIO
TABLE 049. FINGERPRINT MEDICAL LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. INTEGRA LIFESCIENCES HOLDINGS CORPORATION: SNAPSHOT
TABLE 050. INTEGRA LIFESCIENCES HOLDINGS CORPORATION: BUSINESS PERFORMANCE
TABLE 051. INTEGRA LIFESCIENCES HOLDINGS CORPORATION: PRODUCT PORTFOLIO
TABLE 052. INTEGRA LIFESCIENCES HOLDINGS CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. SPATRACK MEDICAL LIMITED: SNAPSHOT
TABLE 053. SPATRACK MEDICAL LIMITED: BUSINESS PERFORMANCE
TABLE 054. SPATRACK MEDICAL LIMITED: PRODUCT PORTFOLIO
TABLE 055. SPATRACK MEDICAL LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. GETINGE AB: SNAPSHOT
TABLE 056. GETINGE AB: BUSINESS PERFORMANCE
TABLE 057. GETINGE AB: PRODUCT PORTFOLIO
TABLE 058. GETINGE AB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. MATERIAL MANAGEMENT MICROSYSTEMS: SNAPSHOT
TABLE 059. MATERIAL MANAGEMENT MICROSYSTEMS: BUSINESS PERFORMANCE
TABLE 060. MATERIAL MANAGEMENT MICROSYSTEMS: PRODUCT PORTFOLIO
TABLE 061. MATERIAL MANAGEMENT MICROSYSTEMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. FORTIVE CORPORATION: SNAPSHOT
TABLE 062. FORTIVE CORPORATION: BUSINESS PERFORMANCE
TABLE 063. FORTIVE CORPORATION: PRODUCT PORTFOLIO
TABLE 064. FORTIVE CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. BD: SNAPSHOT
TABLE 065. BD: BUSINESS PERFORMANCE
TABLE 066. BD: PRODUCT PORTFOLIO
TABLE 067. BD: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 068. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 069. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 070. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. SURGICAL INSTRUMENT TRACKING SYSTEM MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. SURGICAL INSTRUMENT TRACKING SYSTEM MARKET OVERVIEW BY COMPONENTS
FIGURE 012. HARDWARE MARKET OVERVIEW (2016-2028)
FIGURE 013. SOFTWARE MARKET OVERVIEW (2016-2028)
FIGURE 014. SERVICES MARKET OVERVIEW (2016-2028)
FIGURE 015. SURGICAL INSTRUMENT TRACKING SYSTEM MARKET OVERVIEW BY TECHNOLOGY
FIGURE 016. BARCODES MARKET OVERVIEW (2016-2028)
FIGURE 017. RFID MARKET OVERVIEW (2016-2028)
FIGURE 018. SURGICAL INSTRUMENT TRACKING SYSTEM MARKET OVERVIEW BY END USER
FIGURE 019. HOSPITALS MARKET OVERVIEW (2016-2028)
FIGURE 020. AMBULATORY SURGICAL CENTERS MARKET OVERVIEW (2016-2028)
FIGURE 021. NORTH AMERICA SURGICAL INSTRUMENT TRACKING SYSTEM MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. EUROPE SURGICAL INSTRUMENT TRACKING SYSTEM MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. ASIA PACIFIC SURGICAL INSTRUMENT TRACKING SYSTEM MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. MIDDLE EAST & AFRICA SURGICAL INSTRUMENT TRACKING SYSTEM MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. SOUTH AMERICA SURGICAL INSTRUMENT TRACKING SYSTEM MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Surgical Instrument Tracking System Market research report is 2022-2030.
Xerafy Singapore Pte Ltd. (Singapore), B. Braun Melsungen AG (Germany), Ternio Group LLC (US), FingerPrint Medical Limited (UK), Integra LifeSciences Holdings Corporation (US), SpaTrack Medical Limited (UK), Getinge AB (Sweden), Material Management Microsystems (US), Fortive Corporation (US), BD (US) and Other Major Players.
The Surgical Instrument Tracking System Device Market is segmented into Components, Technology, End-user, and region. By Components, the market is categorized into Hardware, Software, and Services. By Technology, the market is categorized into Barcodes and RFID. By End-user, the market is categorized into Hospitals and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
A Surgical instrument tracking system is designed to improve on manual recording and paper trails for managing an institution’s instrument inventory at the tray level. RFID Discovery provides real-time location information on surgical equipment and endoscopes to improve the utilization, management, and auditing of assets. An instrument tracking system promotes surgical care safety and operational efficiency by assisting in inventory management and automating tracking at specific points of service, such as assembly, distribution sterile processing, and others.
The Surgical Instrument Tracking System Market size is expected to grow from USD 230.2 Million in 2022 to USD 746.9 Million by 2030, at a CAGR of 15.9 % during the forecast period.