Surgical Instrument Tracking Industry from 2017 to 2021 Compared to Demand Outlook for 2022 to 2032
The market reached a valuation of US$ 215.01 Mn in 2021, experiencing a Y-o-Y expansion rate of 15% from 2020. Integration of scanning technologies such as RFID or barcode scanning along with software services for inventory management are providing significant traction to the widespread deployment of surgical instrument tracking systems.
During the historic period (2017-2021), the global
surgical instrument tracking market expanded at a significant rate, registering
a CAGR worth 15.1%, as a result of the augmented level of
automation in the healthcare industry along with technological advancements in
the IT & telecom industry.
Owing to the integration of scanning technology
& instrument tracking systems like RFID surgical instrument tracking,
censitrac instrument tracking system or barcode scanning along with
software services for inventory management forms Surgical Instrument Tracking
system, the market witnessed immense growth potential.
For
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Regional breakdown of the Surgical Instrument
Tracking market based on predefined taxonomy.
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Innovative manufacturing processes
implemented by Surgical Instrument Tracking vendors in detail.
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Region-wise and country-wise fragmentation of
the Surgical Instrument Tracking market to grasp the revenue, and growth
outlook in these areas.
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Changing preferences among consumers across
various regions and countries.
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Factors (Positive and Negative) impacting the
growth of the global Surgical Instrument Tracking market.
Competitive Landscape:
Prominent players are embracing innovative approaches such as
ground-breaking marketing tactics, technological advancements, mergers, and
acquisitions to expand their market ground
- In October 2020, Steris- a seller of infection prevention, surgical
equipment and other hospital products has acquired Key Surgical in a
US$850 million deal that adds complementary product lines and expands its
geographic reach.
- Getinge AB and Intelligent InSites, Inc. have developed T-DOC 2000
surgical instrument traceability system. The solution supports the sterile
supply workflow of instruments, consumables, and implants, from
reprocessing, inventory and logistics to use.
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Why are the Surgical Instrument Tracking
market players targeting region for increased product sales?
·
What patented technologies are the players
utilizing in the global Surgical Instrument Tracking market?
·
Which regions are displaying the fastest
growth in the Surgical Instrument Tracking market?
·
What are the underlying micro- macroeconomic
factors affecting the global Surgical Instrument Tracking market?
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