Censis Technologies, Inc. (a subsidiary of FORTIVE), BD and Haldor Advanced Technologies are Dominating in the Global Surgical Instrument Tracking Systems Market in 2020

Global Surgical Instrument Tracking Systems Market is expected to grow with the CAGR of 13.2% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below:

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Global surgical instrument tracking systems market is a highly consolidated market which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.   

The major players dealing in global surgical instrument tracking systems market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement, business expansion, award and recognition into the surgical instrument tracking systems market. This has helped the companies to maximize the sales with enhanced product portfolio. For instance, 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.

Censis Technologies, Inc. (a subsidiary of FORTIVE) is the dominating player in global surgical instrument tracking systems market. The other key players existing in the surgical instrument tracking systems market are TGX Medical Systems, Key Surgical (a subsidiary of STERIS), 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 among others.

Surgical Instrument Tracking Systems MarketCensis Technologies, Inc. (a subsidiary of FORTIVE):

Censis Technologies, Inc. (a subsidiary of FORTIVE) is headquartered in Tennessee, U.S. The company is focused on manufacturing of innovative technology that advances efficiency, transparency and regulatory compliance. The company provides products such as censitrac, loanerlink, scopetrac, censimark, mobiletrac, professional services and clinical services among which censitrac, loanerlink, scopetrac, censimark and mobiletrac are the market focused products.

For instance,

  • In October 2018, Censis Technologies, Inc. (a subsidiary of FORTIVE) acquired Applied Logic, a surgical tracking software company. The company has adopted these initiatives in order to strengthen both the organizations and to offer the most innovative and advanced portfolio to nearly 1,300 hospitals across the North America. Through this acquisition, the company has expanded its product offerings and attained a lucrative growth in the market.

The company has wide presence across North America. The company has one subsidiary that is Applied Logic, Inc. (U.S.)

BD:

BD is headquartered in New Jersey, U.S. and was founded in the year 1897. The company focuses on instruments used for diagnostic infectious disease and offer variety of products such as direct testing products, environmental systems, prepared media products among others. The company deals in multiple business segments such as medical, life science and interventional among which medical is the market focused segment. The company provides products under categories such as anesthesia delivery, biosciences, biosurgery, cervical cancer screening, diabetes care, drug delivery systems, gastrointestinal care, hazardous drug safety, hernia repair and fixation, home care, infection prevention, infusion therapy, interventional specialties, lab automation, medication and supply management, microbiology solutions, molecular diagnostics, patient monitoring and temperature management, prostate health, respiratory care, sharps disposal solutions, software solutions, specimen collection, surgical instruments, syringes and needles, urology and kidney health, vascular access, vascular surgery and wound care among which surgical instruments is the market focused category.

For instance,

  • In December 2017, BD had acquired C. R. Bard, Inc., a new healthcare company focused on providing the innovative solutions. As the company is constantly focused on the manufacturing of advanced surgical instrument tracking solution, this acquisition helped the company to boost up its existing product portfolio and to expand its footprint in the market.

The company has presence across North America, South America, Europe, Asia-Pacific and Middle East and Africa. The company also has various subsidiaries including Accuri Cytometers, Inc. (Delaware), Accuri Cytometers (Europe), Ltd. (U.K.), Atto Bioscience, Inc. (Delaware), B-D (Cambridge U.K.) Ltd. (U.K.) among others.

Haldor Advanced Technologies:

Haldor Advanced Technologies is headquartered in New Jersey, U.S. The company is focused on the development of RFID enable solutions for the healthcare industry. The company provides products under categories such as the orlocate solution, the orlocate or solution, the orlocate sponge solution, orlocate instrument tracking solution, the orlocate view server and orlocate connector for 3m attest.

For instance,

  • In April 2018, Haldor Advanced Technologies expanded its RFID track and trace patent portfolio for the healthcare industry. The company has already owned several patents in order to become the leader in the RFID surgical tracking systems. By expanding a new patent, the company had actively maintained a strong, well-planned patent portfolio which allowed it to constantly manage its dominant position in the well-established market.

The company has presence across North America. The company also has one subsidiary that is Haldor USA, Inc. (U.S.)