Global Surgical Instrument Tracking Systems Market is Growing with 13.2% in the Forecast Period of 2021 to 2028

The Surgical Instrument Tracking Systems Industry will relinquish an approximated estimate at a frequency of 13.2% for the projection space of 2021 to 2028 with factors such as increasing number of surgical processes worldwide and rising adoption of healthcare IT in hospitals. Establishment of unique device identification (UDI) system by FDA also acts as a major factor for the growth of the surgical instrument tracking systems market. High usability of RFID technology has also given a boom to the global surgical instrument tracking systems market.

Increasing cross-contamination and infections due to the surgical instruments has propelled the demand of the surgical instrument tracking systems market. However, reluctance among medical professionals to adopt advanced tracking solutions and lack of skilled IT professionals in the healthcare industry with therapies has decreased the demand of the surgical instrument tracking systems market.

Global Surgical Instrument Tracking Systems Market Scenario  

According to Data Bridge Market Research, the market for global surgical instrument tracking systems in North America has the highest market share followed by Europe and Asia-Pacific. Market leader is Censis Technologies, Inc. (a subsidiary of FORTIVE) which accounts an estimated market share of approximately 11% to 15% globally. The company has gained outstanding sale by providing novel surgical instrument tracking systems.

  • In December 2020, Censis Technologies, Inc. (a subsidiary of FORTIVE) went under partnership with Cantel Medical Corp for the development and manufacturing of leading infection prevention endoscope reprocessing workflow equipped with surgical asset management and instrument tracking solutions. This new solution strengthens the surgical instrument tracking and provided the facility with the best practices to support patient safety and infection prevention. This partnership helped the company to expand its footprint in the surgical instrument tracking systems market.

Surgical Instrument Tracking Systems MarketTrends Impacting the Surgical Instrument Tracking Systems Market

Now the question is which other regions Censis Technologies, Inc. (a subsidiary of FORTIVE), BD and Haldor Advanced Technologies are targeting? Data Bridge Market Research has forecasted a large growth in North America surgical instrument tracking systems market and the market leaders targeting the U.S. and Canada to be their next revenue pocket for 2021.

The surgical instrument tracking systems market is becoming more competitive with companies such as Censis Technologies, Inc. (a subsidiary of FORTIVE), BD and Haldor Advanced Technologies. These are the top dominating companies in surgical instrument tracking systems market and have launched novel surgical instrument tracking systems in the market. The Data Bridge Market Research new reports highlight the major growth factors and opportunities in the global surgical instrument tracking systems market.

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New Surgical Instrument Tracking Systems Market Development

  • In February 2020, Getinge AB had launched the Torin which is a complete OR management software that is used for the surgical departments to modify the activities involved in the surgical department. This technology will decrease the disruptions, cost as well as increase the patient care in hospitals. This software launch helped the company to enhance their product portfolio and set up their footprints in the field of tracking system.

Scope of the Global Surgical Instrument Tracking Systems Market

Global surgical instrument tracking systems market is segmented on the basis of countries into the U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Netherlands, Russia, Switzerland, Belgium, Turkey, Austria, Norway, Hungary, Lithuania, Ireland, Poland, rest of Europe, Japan, China, Australia, India, South Korea, Singapore, Indonesia, Thailand, Malaysia, Philippines, Vietnam, rest of Asia-Pacific, Brazil, Argentina, Peru, rest of South America, Saudi Arabia, South Africa, UAE, Kuwait and rest of Middle East and Africa.

  • All country based analysis of the global surgical instrument tracking systems market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the surgical instrument tracking systems market is segmented into pro sites, and multi sites. On the basis of component, the surgical instrument tracking systems market is segmented into hardware, software and services. On the basis of technology, the surgical instrument tracking systems market is segmented into barcode tracking, radio frequency identification (RFID), electronic tracking and others. On the basis of end user, the surgical instrument tracking systems market is segmented into hospitals, ambulatory surgical centers, research centers, clinics and others. On the basis of distribution channel, the surgical instrument tracking systems market is segmented into direct tender and third party distributor.

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Key Pointers Covered in Global Surgical Instrument Tracking Systems Market Industry Trends and Forecast to 2028

  • Market Size
  • Top to Bottom Market Analysis
  • Recent Developments for Market Competitors
  • Recent Market Value for Different Countries
  • Market Value and Over View of Surgical Instrument Tracking Systems

Key Market Competitors Covered in the Report

  • TGX Medical Systems
  • Key Surgical (a subsidiary of STERIS)
  • Censis Technologies, Inc. (a subsidiary of FORTIVE)
  • BD
  • Microsystems
  • STANLEY Healthcare
  • Xerafy Singapore Pte Ltd.
  • MOBILE ASPECTS
  • Infor
  • Haldor Advanced Technologies
  • STERIS
  • Getinge AB
  • SpaTrack Medical Limited
  • Scanlan International
  • FingerPrint Medical Limited
  • Vizinex RFID
  • Steelco S.p.A.
  • CASE MEDICAL
  • ASANUS Medizintechnik GmbH
  • B. Braun Melsungen AG

Above are the key players covered in the report, to know about more and exhaustive list of surgical instrument tracking systems companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-surgical-instrument-tracking-systems-market

Research Methodology: Global Surgical Instrument Tracking Systems Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Manufacturers, Healthcare Industry, Scientists and Research Laboratories
  • Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence and Regulatory Affairs Managers among others.

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