Product Code: CMI6093
The global surgical instrument tracking market was valued at US$ 301.5 Mn in 2022 and is forecast to reach a value of US$ 1,206.5 Mn by 2030 at a CAGR of 19.0% between 2023 and 2030.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 357.2 Mn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
19.00% |
2030 Value Projection: |
US$ 1,206.5 Mn |
Surgical instrument tracking system helps healthcare providers worldwide gain access to surgical equipment or instruments and leads to reliable and time-saving procedures. The system also helps enhance tool governance to decrease the need for instant steam sterilization. Thus, with the rising number of surgical procedures across the globe, the use or demand for surgical instrument tracking system is also increasing rapidly; driving the market growth.
Market Dynamics:
Increasing prevalence of cardiovascular disorders and other chronic disorders, growing number of surgical procedures, lack of skilled or trained healthcare professionals, and increasing demand for surgical instrument tracking devices/systems are major factors expected to augment the growth of the global surgical instrument tracking market over the forecast period.
For instance, according to the Centers for Disease Control and Prevention (CDC), cardiovascular diseases are the leading cause of death in the U.S. Moreover, according to the International Society of Aesthetic Plastic Surgery (2022 report), around 10,129,528 cosmetic surgeries were performed in 2020, and the top 5 surgical procedures included breast augmentation (1,624,281), liposuction (1,525,197), eyelid surgery (1,225,540), abdominoplasty (765,248), and rhinoplasty (852,554).
Key features of the study:
- This report provides in-depth analysis of the global surgical instrument tracking market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global surgical instrument tracking market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Keir Surgical Ltd., Case Medical, Scanlan International, Inc., Koch Industries, Getinge Group, B. Braun (Aesculap, Inc.), Xerafy, Mobile Aspects, Key Surgical, Inc., Spatrack Medical Limited, Fortive Corporation Group, Haldor Advanced Technologies, Tgx Medical Systems, Becton, Dickinson and Company, Intechnology Distribution Pty Ltd., Nutrace, Steris Insturment Management Services, Material Management Microsystems, Asanus Medizintechnik GmbH Inc., and Stanley Healthcare (Division of Stanley Black & Decker), among others.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global surgical instrument tracking market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global surgical instrument tracking market.
Detailed Segmentation:
- Global Surgical Instrument Tracking Market, By Technology:
- Barcode
- Radiofrequency Identification (RFID)
- Global Surgical Instrument Tracking Market, By Component:
- Software
- Hardware
- Readers
- Tags
- Other Hardware
- Services
- Global Surgical Instrument Tracking Market, By End User:
- Public Hospitals
- Private Hospitals
- Other End Users
- Global Surgical Instrument Tracking Market, By Geography:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
- Company Profiles:
- Keir Surgical Ltd.
- Case Medical
- Scanlan International, Inc.
- Koch Industries
- Getinge Group
- Braun (Aesculap, Inc.)
- Xerafy
- Mobile Aspects
- Key Surgical, Inc.
- Spatrack Medical Limited
- Fortive Corporation Group
- Haldor Advanced Technologies
- Tgx Medical Systems
- Becton, Dickinson and Company
- Intechnology Distribution Pty Ltd.
- Nutrace
- Steris Insturment Management Services
- Material Management Microsystems
- Asanus Medizintechnik GmbH Inc.
- Stanley Healthcare (Division of Stanley Black & Decker)
Table of Contents:
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Technology
- Market Snapshot, By Component
- Market Snapshot, By End User
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Increasing number of surgical procedures
- Concerns regarding environmental pollution
- High demand for disposable medical gloves
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Surgical Instrument Tracking Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Surgical Instrument Tracking Market, By Technology, 2023-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Barcode
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Radiofrequency Identification (RFID)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
6. Global Surgical Instrument Tracking Market, By Component, 2023-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Software
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Hardware
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Readers
- Tags
- Other Hardware
- Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
7. Global Surgical Instrument Tracking Market, By End User, 2023-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- Public Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Private Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Other End Users
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
8. Global Surgical Instrument Tracking Market, By Region, 2023-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018 - 2030
- Segment Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Mn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Mn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Mn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Mn)
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Mn)
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Mn)
9. Competitive Landscape
- Keir Surgical Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Case Medical
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Scanlan International, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Koch Industries
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Getinge Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- B. Braun (Aesculap, Inc.)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Xerafy
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Mobile Aspects
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Key Surgical, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Spatrack Medical Limited
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Fortive Corporation Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Haldor Advanced Technologies
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Tgx Medical Systems
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Becton, Dickinson and Company
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Intechnology Distribution Pty Ltd.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Nutrace
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Steris Insturment Management Services
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Material Management Microsystems
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Asanus Medizintechnik GmbH Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Stanley Healthcare (Division of Stanley Black & Decker)
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Analyst Views
10. Section
- Research Methodology
- About us