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PUBLISHER: IMARC | PRODUCT CODE: 1520585
PUBLISHER: IMARC | PRODUCT CODE: 1520585
Surgical Instrument Tracking Systems Market Report by Component, Technology (Barcode Tracking, Radio Frequency Identification ), End User, and Region 2024-2032
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PAGES: 135 Pages
DELIVERY TIME: 2-3 business days
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The global surgical instrument tracking systems market size reached US$ 242.3 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 732.1 Million by 2032, exhibiting a growth rate (CAGR) of 12.8% during 2024-2032.
Surgical instrument tracking systems are used to manage inventory at various stages of surgical procedures to meet the unique needs of healthcare professionals and improve the quality of patient care. They ensure the accessibility of necessary instruments in real-time, which further help reduce case delays, enhance operation safety, simplify complex tasks, and manage workflow efficiently. They can also create detailed load records of defective devices and provide comprehensive insights into usage patterns. As a result, surgical instrument tracking systems are utilized in hospitals, private clinics, and ambulatory surgery centers (ASCs) to minimize medical errors in operation theatres (OTs), enhance staff productivity, and collect surgical inventory data.
Surgical Instrument Tracking Systems Market Trends:
Errors in surgical instrument processing can lead to high operative time and costs and increased risk of surgical infections, perioperative morbidity, and retained surgical item (RSI) cases. This, in confluence with the rising number of individuals undergoing surgical procedures, represents one of the major factors driving the need for surgical instrument tracking systems to improve the safety of surgical care in hospitals. In addition, the growing geriatric population with chronic ailments like cardiovascular diseases (CVDs), arthritis, cancer, and obesity is catalyzing the demand for surgical instrument tracking systems to prevent infections caused by contaminated instruments. Apart from this, several medical equipment suppliers are offering comprehensive surgical instrument tracking systems incorporated with the latest scanning software for proper central sterile supply department (CSSD) management. They are also focusing on developing systems with automatic identification and data capture technologies, such as two-dimensional (2D) barcodes and radio frequency identification (RFID) tags. This, along with the growing emphasis on better patient care and inventory management, is influencing the market positively.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global surgical instrument tracking systems market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, technology and end user.
Breakup by Component:
Hardware
Software
Services
Breakup by Technology:
Barcode Tracking
Radio Frequency Identification (RFID)
Breakup by End User:
Hospitals
Ambulatory Surgical Centers
Research Centers
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Becton Dickinson and Company, Censis Technologies (Fortive), Fingerprint Medical Limited, Getinge AB, Scanlan International, Spatrack Medical Limited, Steelco S.p.A. (Miele), Steris, Ternio Group LLC and Xerafy Singapore Pte Ltd.
Key Questions Answered in This Report
- 1. What was the size of the global surgical instrument tracking systems market in 2023?
- 2. What is the expected growth rate of the global surgical instrument tracking systems market during 2024-2032?
- 3. What are the key factors driving the global surgical instrument tracking systems market?
- 4. What has been the impact of COVID-19 on the global surgical instrument tracking systems market?
- 5. What is the breakup of the global surgical instrument tracking systems market based on the component?
- 6. What is the breakup of the global surgical instrument tracking systems market based on the technology?
- 7. What is the breakup of the global surgical instrument tracking systems market based on the end user?
- 8. What are the key regions in the global surgical instrument tracking systems market?
- 9. Who are the key players/companies in the global surgical instrument tracking systems market?
Product Code: SR112024A5055
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Surgical Instrument Tracking Systems Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Component
- 6.1 Hardware
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Software
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Services
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Technology
- 7.1 Barcode Tracking
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Radio Frequency Identification (RFID)
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by End User
- 8.1 Hospitals
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Ambulatory Surgical Centers
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Research Centers
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Becton Dickinson and Company
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Censis Technologies (Fortive)
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Fingerprint Medical Limited
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Getinge AB
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Scanlan International
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Spatrack Medical Limited
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 Steelco S.p.A. (Miele)
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Steris
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.9 Ternio Group LLC
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Xerafy Singapore Pte Ltd.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.1 Becton Dickinson and Company
Product Code: SR112024A5055
List of Figures
- Figure 1: Global: Surgical Instrument Tracking Systems Market: Major Drivers and Challenges
- Figure 2: Global: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Global: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 4: Global: Surgical Instrument Tracking Systems Market: Breakup by Component (in %), 2023
- Figure 5: Global: Surgical Instrument Tracking Systems Market: Breakup by Technology (in %), 2023
- Figure 6: Global: Surgical Instrument Tracking Systems Market: Breakup by End User (in %), 2023
- Figure 7: Global: Surgical Instrument Tracking Systems Market: Breakup by Region (in %), 2023
- Figure 8: Global: Surgical Instrument Tracking Systems (Hardware) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Surgical Instrument Tracking Systems (Hardware) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Surgical Instrument Tracking Systems (Software) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Surgical Instrument Tracking Systems (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Surgical Instrument Tracking Systems (Services) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Surgical Instrument Tracking Systems (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Surgical Instrument Tracking Systems (Barcode Tracking) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Surgical Instrument Tracking Systems (Barcode Tracking) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Surgical Instrument Tracking Systems (Radio Frequency Identification (RFID)) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Surgical Instrument Tracking Systems (Radio Frequency Identification (RFID)) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Surgical Instrument Tracking Systems (Hospitals) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Surgical Instrument Tracking Systems (Hospitals) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Surgical Instrument Tracking Systems (Ambulatory Surgical Centers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Surgical Instrument Tracking Systems (Ambulatory Surgical Centers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Surgical Instrument Tracking Systems (Research Centers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Surgical Instrument Tracking Systems (Research Centers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Surgical Instrument Tracking Systems (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Surgical Instrument Tracking Systems (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: North America: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: North America: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: United States: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: United States: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Canada: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Canada: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Asia-Pacific: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Asia-Pacific: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: China: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: China: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Japan: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Japan: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: India: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: India: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: South Korea: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: South Korea: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Australia: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Australia: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Indonesia: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Indonesia: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Others: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Others: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Europe: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Europe: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Germany: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Germany: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: France: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: France: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: United Kingdom: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: United Kingdom: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Italy: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Italy: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: Spain: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: Spain: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Russia: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Russia: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Others: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Others: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Latin America: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Latin America: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Brazil: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Brazil: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Mexico: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Mexico: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Others: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Others: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Middle East and Africa: Surgical Instrument Tracking Systems Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Middle East and Africa: Surgical Instrument Tracking Systems Market: Breakup by Country (in %), 2023
- Figure 74: Middle East and Africa: Surgical Instrument Tracking Systems Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Global: Surgical Instrument Tracking Systems Industry: SWOT Analysis
- Figure 76: Global: Surgical Instrument Tracking Systems Industry: Value Chain Analysis
- Figure 77: Global: Surgical Instrument Tracking Systems Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Surgical Instrument Tracking Systems Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Surgical Instrument Tracking Systems Market Forecast: Breakup by Component (in Million US$), 2024-2032
- Table 3: Global: Surgical Instrument Tracking Systems Market Forecast: Breakup by Technology (in Million US$), 2024-2032
- Table 4: Global: Surgical Instrument Tracking Systems Market Forecast: Breakup by End User (in Million US$), 2024-2032
- Table 5: Global: Surgical Instrument Tracking Systems Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Surgical Instrument Tracking Systems Market: Competitive Structure
- Table 7: Global: Surgical Instrument Tracking Systems Market: Key Players
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