Global Surgical Instrument Tracking Devices Market Insights, Forecast to 2028

All the surgical instrument tracking devices, such as barcode and radio frequency identification devices (RFID), are based on features like temperature resistance, heavy chemical resistance, resistance from heavy metal and liquids, and resistance to other harsh environments. While RFIDs and barcodes offer a variety of benefits to end users, such as providing real-time location and a wealth of other data, this technology faces a number of challenges, especially in the workplace, where devices must withstand harsh conditions. Aside from these technological issues, the COVID-19 pandemic has had a negative impact on the market by causing delays in elective procedures all over the world.
Market Analysis and Insights: Global Surgical Instrument Tracking Devices Market
The global Surgical Instrument Tracking Devices market size is projected to reach US$ million by 2028, from US$ million in 2021, at a CAGR of % during 2022-2028.
Fully considering the economic change by this health crisis, Barcode accounting for % of the Surgical Instrument Tracking Devices global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Hospitals segment is altered to an % CAGR throughout this forecast period.
China Surgical Instrument Tracking Devices market size is valued at US$ million in 2021, while the North America and Europe Surgical Instrument Tracking Devices are US$ million and US$ million, severally. The proportion of the North America is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Surgical Instrument Tracking Devices landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Surgical Instrument Tracking Devices market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Surgical Instrument Tracking Devices market in terms of revenue.
Overall, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Surgical Instrument Tracking Devices market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Surgical Instrument Tracking Devices market.
Global Surgical Instrument Tracking Devices Scope and Market Size
Surgical Instrument Tracking Devices market is segmented by players, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Surgical Instrument Tracking Devices market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Barcode
Radio Frequency Identification Device (RFID)
Segment by Application
Hospitals
Ambulatory Surgical Centers
Others
By Company
ASANUS Medizintecknik GmbH
B Braun Melsungen AG
Becton, Dickinson and Company
FingerPrint Medical Limited
Fortive Corporation
Getinge AB
Haldor Advanced Technologies
Integra LifeSciences Holdings Corporation
Murata Manufacturing Co., Ltd.
NuTrace
Scanlan International
SpaTrack Medical Limited
Stanley Black and Decker, Inc.
Steris
Xerafy Singapore Pte Ltd.
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA