Surgical Inst****ent Tracking Systems Market Share, Industry Growth, Trend, Drivers, Challenges, Key Companies by 2027


A surge in demand for tracking surgical devices and a rise in the improvement in patient safety is boosting the market demand.

The global Surgical Instrument Tracking Systems market is forecasted to be worth USD 431.6 Million by 2027, according to a current analysis by Emergen Research. The surgical instrument tracking system market is used in the healthcare industry for tracking new technology and smartphones and tablets. The advent of the latest technology and usage of tracking systems in the form of bar codes has fueled market growth. It improves patient safety and fast and accurate instrument identification, resulting in an optimized process. The need for research centers and clinics to improve workflow is also benefitting the market demand.

The report provides an in-depth analysis of the competitive landscape, along with company profiling of key players involved in the global surgical instrument tracking systems market. The authors of the report make sure to equip readers with a thorough evaluation of the vendor landscape and inform them of the current and future changes that can be expected. The competitive analysis offered in the report inspects the market share, gross margin, product portfolio, consumption, market status, and technologies of leading players controlling a significant portion of the global surgical instrument tracking systems market.

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The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others. It also offers key insights into financial standing, market reach, global position, gross profit margins, and investment and funding initiatives.

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Major Players/Manufacturers profiled in the report are:

Material Management Microsystems, Fortive Corporation Group, Haldor Advanced Technologies, Becton, Dickinson And Company, Mobile Aspects, Key Surgical, Inc., TGX Medical Systems, B. Braun Melsungen, Xerafy, and Getinge Group, among others.

For the purpose of this report, Emergen Research has segmented into global Surgical Instrument Tracking Systems Market on the basis of component, technology, end-users, and region:

Component Outlook (Revenue, USD Billion; 2017-2027)

  • Software
  • Services
  • Hardware
    1. Readers
    2. Tags
    3. Others

Technology Outlook (Revenue, USD Billion; 2017-2027)

  • Radiofrequency identification (RFID)
  • Barcode

End Users Outlook (Revenue, USD Billion; 2017-2027)

  • Hospitals
    1. Private Hospitals
    2. Public Hospitals
  • Others

The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2020-2027. According to the regional analysis, the market is primarily spread over key geographical regions as follows:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Benefits of the Report:

  • Comprehensive analysis of the competitive scenario and its changing dynamics
  • Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
  • In-depth 8 year analysis of the Global Surgical Instrument Tracking Systems Market
  • Critical assessment of the key market segments
  • Comprehensive analysis of the drivers, restraints, trends, and opportunities
  • Detailed regional analysis and extensive company profiling
  • Extensive assessment of current and emerging trends of the market

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