Over the forecasted period, The Surgical Instrument Tracking Systems Market is expected to generate USD 513.1 Million by 2028 with a CAGR of 14.92% over the forecast period.
Global Surgical Instrument Tracking Systems Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2028: Increasing demand for tracking the status of surgical devices and the need for improvement in patient safety are expected to drive the surgical instrument tracking systems market.
The regions covered in this global Surgical Instrument Tracking Systems market report are North America, Europe, Asia-Pacific, and the Rest of the World. On the basis of country level, the market of Global Surgical Instrument Tracking Systems market is sub-divided into the U.S., Mexico, Canada, the UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Global Surgical Instrument Tracking Systems Market Key Players: –
Some major key players in the global surgical instrument tracking systems market are
- Censis Technologies
- Material Management Microsystems
- Becton
- Dickinson and Company
- Haldor Advanced Technologies
- Intelligent InSites, Inc.
- Key Surgical, Inc.
- Mobile Aspects
- TGX Medical Systems
- Xerafy
- STANLEY Healthcare
- Braun Melsungen AG
- Getinge AB
- Infor Inc.
- SpaTrack Medical Limited
- Scanlan International, Inc.
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Global Surgical Instrument Tracking Systems Market Segmentation: –
By Product:
- Hardware
- Software
- Services
By Technology:
- Barcodes
- RFID
By End-Use:
- Hospitals
- Others
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Scope of Global Surgical Instrument Tracking Systems Market Report:
A surgical instrument tracking system is a combination of the latest scanning technology and application software for inventory management. It provides a comprehensive surgical instrument management solution and allows the user in full control of a surgical inventory. Surgical instrument tracking systems provide smart alerts when assets require any kind of maintenance and remove unnecessary costly attention based upon the use.
The global surgical instrument tracking systems market report is segmented on the basis of product, technology, end-user, and regional & country level. Based upon product, the surgical instrument tracking systems market is segmented into hardware, software, and services. On the basis of technology, the market is classified into barcodes and RFID. Furthermore, based on end-use, global the market is segmented into hospitals and others.
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Rising Need for Improvement in Surgical Quality and Traceability of Instruments in Hospitals is Anticipated to Drive the Market Growth.
The growth of surgical instrument tracking systems is anticipated to experience a huge demand with increasing surgical procedures worldwide owing to the necessity for faster information technology systems and inventory management in hospitals. For healthcare personnel ensuring patient safety, tracking the status of surgical devices, and improving the quality of care have become extremely important aspects that are also boosting the demand for surgical instrument tracking systems. According to Michel Gillmann, marketing director, Xerafy, Singapore reported that around 4,000 retained surgery items cases have been created every year in the U.S. alone, whereas hospitals increasingly shifted their focus to automatic identification technology such as RFID to track medical devices and surgical instruments.
North America is Expected to Dominate the Global Surgical Instrument Tracking Systems Market.
North America holds the largest share of the global surgical instrument tracking systems market and is expected to continue the same during the forecast period. In North America, the U.S. FDA’s Unique Device Identification (UDI) program was developed to support the increasing need for tracking of medical devices in the North American healthcare industry in order to speed up product recalls and improve the quality of patient safety. In addition to this, Unique Device Identification (UDI) can help the healthcare industry to manage and track inventory at the fastest speed. Healthcare organizations such as hospitals can also use the UDI to manage inventory or to track devices internally.
Key Benefits for Surgical Instrument Tracking Systems Market Report:
- Global Surgical Instrument Tracking Systems Market report covers in-depth historical and forecasts analysis.
- Global market research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, and Regional and Country levels.
- Global market report helps to identify opportunities in the marketplace.
- Global market report covers extensive analysis of emerging trends and competitive landscape.
On Special Requirement the Surgical Instrument Tracking Systems Market. The report is also available for the below Regions and Countries: –
North America
- US.
- Canada
Europe
- Germany
- France
- UK.
- Italy
- Spain
- Sweden
- Netherland
- Turkey
- Switzerland
- Belgium
- Rest of Europe
Asia-Pacific
- South Korea
- Japan
- China
- India
- Australia
- Philippines
- Singapore
- Malaysia
- Thailand
- Indonesia
- Rest Of APAC
Latin America
- Mexico
- Colombia
- Brazil
- Argentina
- Peru
- Rest of South America
Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest Of MEA
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