Global surgical instrument tracking systems market was valued at around USD160 million until 2021 and is expected to grow at a robust CAGR during the forecast period. The global surgical instrument tracking systems market is driven by extensive utilization of instrument tracking products by hospital across the globe. Moreover, surging need for improved practices for managing assets is expected to positively impact the growth of market during the forecast period. Also, continuous technological advancement in the healthcare industry is further expected to bolster the growth of market over the next few years.

The global surgical instrument tracking systems market is segmented based on technology, component, end user, company, and region. Based on technology, the market can be categorized into barcode and RFID. Out of these, the RFID segment dominated the market in terms of largest market share during 2021 and is expected to maintain its leading position the market during the forecast period as well. This can be ascribed to the benefits of RFID over barcode labelling such as capability to enable multiple dynamic data updates with rapid read rates and batch reading capability, faster data transmission, higher data storage capacity, and ability to perform multiple read-write of data to the tag. Therefore, such benefits are driving the high adoption of the RFID technology for the management of surgical instruments in hospitals, which is anticipated to bolster the growth of segment over the coming years.

Major players operating in the global surgical instrument tracking systems market include 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, B. Braun Melsungen AG, Getinge AB, SpaTrack Medical Limited, Scanlan International, Inc. and others. The companies are developing advanced technologies and launching new products in order to stay competitive in the market. Other competitive strategies include mergers & acquisitions, partnership, agreements, and new developments.

Objective of the Study:

  • To analyze and estimate the market size of global surgical instrument tracking systems market from 2017 to 2020.
  • To estimate and forecast the market size of global surgical instrument tracking systems market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast global surgical instrument tracking systems market based on technology, component, end user, company and regional distribution.
  • To identify dominant region or segment in the global surgical instrument tracking systems market.
  • To identify drivers and challenges for global surgical instrument tracking systems market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global surgical instrument tracking systems market.
  • To conduct pricing analysis for global surgical instrument tracking systems market.
  • To identify and analyze the profile of leading players operating in global surgical instrument tracking systems market.
  • To identify key sustainable strategies adopted by market players in global surgical instrument tracking systems market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the hospitals/clinics which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers and presence of all major players across the globe.

TechSci Research calculated the market size of global surgical instrument tracking systems market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Surgical instrument tracking systems service providers, vendors and other stakeholders
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to surgical instrument tracking systems
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such service providers, vendors, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Technology

·         Component

·         End User 

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain, Italy; South Africa, UAE, Saudi Arabia; Brazil, Argentina, Colombia;

Key companies profiled

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, B. Braun Melsungen AG, Getinge AB, SpaTrack Medical Limited, Scanlan International, Inc.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global surgical instrument tracking systems market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Surgical Instrument Tracking Systems Market, By Technology:
    • Barcode
    • RFID
  • Global Surgical Instrument Tracking Systems Market, By Component:
    • Software
    • Hardware
    • Service
  • Global Surgical Instrument Tracking Systems Market, By End User:
    • Hospital [Public, Private]
    • Ambulatory Surgical Centres
  • Global Surgical Instrument Tracking Systems Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global surgical instrument tracking systems market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global surgical instrument tracking systems market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com  

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

5.    Global Surgical Instrument Tracking Systems Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value

5.2.  Market Share & Forecast

5.2.1.     By Technology (Barcode, RFID)

5.2.2.     By Component (Software, Hardware [Scanner], Service)

5.2.3.     By End User (Hospital [Public, Private], Ambulatory Surgical Centres)

5.2.4.     By Company (2021)

5.2.5.     By Region

5.3.  Market Attractiveness Index

6.    Asia-Pacific Surgical Instrument Tracking Systems Market Outlook

6.1.  Market Size & Forecast          

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Technology

6.2.2.     By Component

6.2.3.     By End User

6.2.4.     By Country

6.3.  Asia-Pacific: Country Analysis

6.3.1.     China Surgical Instrument Tracking Systems Market Outlook

6.3.1.1.         Market Size & Forecast

6.3.1.1.1.             By Value

6.3.1.2.         Market Share & Forecast

6.3.1.2.1.             By Technology

6.3.1.2.2.             By Component

6.3.1.2.3.             By End User

6.3.2.     India Surgical Instrument Tracking Systems Market Outlook

6.3.2.1.         Market Size & Forecast

6.3.2.1.1.             By Value

6.3.2.2.         Market Share & Forecast

6.3.2.2.1.             By Technology

6.3.2.2.2.             By Component

6.3.2.2.3.             By End User

6.3.3.     Australia Surgical Instrument Tracking Systems Market Outlook

6.3.3.1.         Market Size & Forecast

6.3.3.1.1.             By Value

6.3.3.2.         Market Share & Forecast

6.3.3.2.1.             By Technology

6.3.3.2.2.             By Component

6.3.3.2.3.             By End User

6.3.4.     Japan Surgical Instrument Tracking Systems Market Outlook

6.3.4.1.         Market Size & Forecast

6.3.4.1.1.             By Value

6.3.4.2.         Market Share & Forecast

6.3.4.2.1.             By Technology

6.3.4.2.2.             By Component

6.3.4.2.3.             By End User

6.3.5.     South Korea Surgical Instrument Tracking Systems Market Outlook

6.3.5.1.         Market Size & Forecast

6.3.5.1.1.             By Value

6.3.5.2.         Market Share & Forecast

6.3.5.2.1.             By Technology

6.3.5.2.2.             By Component

6.3.5.2.3.             By End User

7.    Europe Surgical Instrument Tracking Systems Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Technology

7.2.2.     By Component

7.2.3.     By End User

7.2.4.     By Country

7.3.  Europe: Country Analysis

7.3.1.     France Surgical Instrument Tracking Systems Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Technology

7.3.1.2.2.             By Component

7.3.1.2.3.             By End User

7.3.2.     Germany Surgical Instrument Tracking Systems Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Technology

7.3.2.2.2.             By Component

7.3.2.2.3.             By End User

7.3.3.     United Kingdom Surgical Instrument Tracking Systems Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Technology

7.3.3.2.2.             By Component

7.3.3.2.3.             By End Use

7.3.4.     Italy Surgical Instrument Tracking Systems Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Technology

7.3.4.2.2.             By Component

7.3.4.2.3.             By End User

7.3.5.     Spain Surgical Instrument Tracking Systems Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Technology

7.3.5.2.2.             By Component

7.3.5.2.3.             By End User

8.    North America Surgical Instrument Tracking Systems Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Technology

8.2.2.     By Component

8.2.3.     By End User

8.2.4.     By Country

8.3.  North America: Country Analysis

8.3.1.     United States Surgical Instrument Tracking Systems Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Technology

8.3.1.2.2.             By Component

8.3.1.2.3.             By End User

8.3.2.     Mexico Surgical Instrument Tracking Systems Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Technology

8.3.2.2.2.             By Component

8.3.2.2.3.             By End User

8.3.3.     Canada Surgical Instrument Tracking Systems Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Technology

8.3.3.2.2.             By Component

8.3.3.2.3.             By End User

9.    South America Surgical Instrument Tracking Systems Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Technology

9.2.2.     By Component

9.2.3.     By End User

9.2.4.     By Country

9.3.  South America: Country Analysis

9.3.1.     Brazil Surgical Instrument Tracking Systems Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Technology

9.3.1.2.2.             By Component

9.3.1.2.3.             By End User

9.3.2.     Argentina Surgical Instrument Tracking Systems Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Technology

9.3.2.2.2.             By Component

9.3.2.2.3.             By End User

9.3.3.     Colombia Surgical Instrument Tracking Systems Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Technology

9.3.3.2.2.             By Component

9.3.3.2.3.             By End Use

10.  Middle East and Africa Surgical Instrument Tracking Systems Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Technology

10.2.2.  By Component

10.2.3.  By End User

10.2.4.  By Country

10.3.              MEA: Country Analysis

10.3.1.  South Africa Surgical Instrument Tracking Systems Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Technology

10.3.1.2.2.           By Component

10.3.1.2.3.           By End User

10.3.2.  Saudi Arabia Surgical Instrument Tracking Systems Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Technology

10.3.2.2.2.           By Component

10.3.2.2.3.           By End User

10.3.3.  UAE Surgical Instrument Tracking Systems Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Technology

10.3.3.2.2.           By Component

10.3.3.2.3.           By End User

11.  Market Dynamics

11.1.              Drivers

11.2.              Challenges

12.  Market Trends & Developments

13.  Competitive Landscape

13.1.              Censis Technologies

13.2.              Material Management Microsystems

13.3.              Becton

13.4.              Dickinson and Company

13.5.              Haldor Advanced Technologies

13.6.              Intelligent InSites, Inc.

13.7.              Key Surgical, Inc.

13.8.              Mobile Aspects

13.9.              TGX Medical Systems

13.10.            Xerafy

13.11.            STANLEY Healthcare

13.12.            B. Braun Melsungen AG

13.13.            Getinge AB

13.14.            SpaTrack Medical Limited

13.15.            Scanlan International, Inc.

14. Strategic Recommendations

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