The Surgical Instrument Tracking Systems market is set to grow significantly by 2025, driven by the need for improved patient safety and efficient device management.
Market Overview:
Surgical Instrument Tracking Systems Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025- Increasing demand for tracking the status of surgical devices and need for improvement in patient safety are expected to drive the surgical instrument tracking systems market.
Surgical Instrument Tracking Systems Market is valued at USD 120.9 Million in 2018 and expected to reach USD 415.3 Million by 2025 with the CAGR of 19.28% over the forecast period.
Key Players:
Some major key players for 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, B. Braun Melsungen AG, Getinge AB, Infor Inc., SpaTrack Medical Limited, Scanlan International, Inc. and others.
Scope:
Surgical instrument tracking system is a combination of latest scanning technology and application software for inventory management. It provides comprehensive surgical instrument management solution and allows the user in full control of a surgical inventory. Surgical instrument tracking systems provides the smart alerts when assets require any kind of maintenance and removes unnecessary costly attention based upon the use. For example; RFID surgical instrument tracking system facilitates hospitals to have a faster, comprehensive accounting of materials before and after surgery. Earlier this system was used for specific purpose to manage instrument count sheets and for basic instrument traceability. Surgical instrument tracking system includes the latest technologies that help healthcare organizations to improve quality, efficiency and safety of their surgical equipment. In addition, this system not only improves the quality of life but also saves the overall time during surgery.
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Surgical instrument tracking systems market report is segmented on the basis of product, technology, end-use and regional & country level. Based upon product, 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 upon end-use, global the market is segmented into hospitals and others.
The regions covered in this global Surgical Instrument Tracking Systems market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, market of Global Surgical Instrument Tracking Systems market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Market Segmentation:
By Product:
Hardware
Software
Services
By Technology:
Barcodes
RFID
By End-Use:
Hospitals
Others
By Regional & Country Analysis:
North America
U.S.
Canada
Europe
U.K.
France
Germany
Italy
Asia Pacific
China
Japan
India
Southeast Asia
Latin America
Brazil
Mexico
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Key Features of the Report:
Surgical Instrument Tracking Systems Market Structure: Overview, Industry PESTEL Analysis and Supply Chain Analysis
Competitive Landscape and Dynamics: Surgical Instrument Tracking Systems Market share, Product Portfolio, Product Launches, and so on.
Attractive Surgical Instrument Tracking Systems market segments and associated growth opportunities.
Key development open doors for the present and new players of Surgical Instrument Tracking Systems.
Key Growth factors.
Surgical Instrument Tracking Systems Market: Countries and Regions
North America, Asia-Pacific, UK, Europe, Central & South America, Middle East & Africa
Frequently asked questions (FAQs) about the report
Yes. The Surgical Instrument Tracking Systems market report can be customized according to your needs. For instance, the company can be profiled you ask for while specific region/country analysis can be focused that meets your interests. You can talk to our research analyst about your exact requirements and UMR will accordingly tailor the required report.
Yes, the market report can be further segmented on the basis of data availability and feasibility. We can provide a further breakdown in product types and applications (if applicable) by size, volume, or revenue. In the market segmentation part, the latest product developments and customer behavior insights are also included to give an in-depth analysis of the market.
Yes. The market research report covers the detailed analysis of COVID-19 impact on the market. Our research team has been monitoring the market closely while it has been conducting interviews with the industry experts to get better insights on the present and future implications of the COVID-19 virus on the market.
The market report provides vital information on the strategies deployed by industry players during the COVID-19 crisis to maintain their position in the market. Along with this, it also shares crucial data on product developments due to the inevitable pandemic across the globe.
Table of Content
1.1. Research Process
1.2. Primary Research
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model
1.7. USP’s of Report
1.8. Report Description
2.1. Market Introduction
2.2. Executive Summary
2.3. Global Surgical Instrument Tracking Systems Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Surgical Instrument Tracking Systems Market: Trends
2.8. Porter’s Five Forces Analysis
2.9. Market Attractiveness Analysis
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The article discusses the growth and key players in the Surgical Instrument Tracking Systems market.
The systems primarily use RFID and barcode technologies for tracking.
Key players include Censis Technologies, B. Braun Melsungen AG, and STANLEY Healthcare.
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