Surgical Instrument Tracking – Global Industry Size, Share, Trends, Analysis and Forecast 2018 – 2022
May 18, 2018
The Global Surgical instrument tracking market is expected to grow at a CAGR of 17.6 % during 2017-2022
Pune, India - May 18, 2018 /MarketersMedia/ —
Global Surgical Instrument Tracking Industry
Market Insights:
The Global Surgical instrument tracking market is expected to grow at a CAGR of 17.6 % during 2017-2022. Global Surgical instrument tracking market is growing at a faster pace owing to the increasing incidence of instrument misplacement and rising prevalence of hospital-acquired infections are propelling this market substantially. According to the CDC (Centers for Disease Control and Prevention), hospital-acquired infections cause around 90,000 deaths per year in the U.S. alone. In a bid to improve the inventory management and to prevent the infections caused by contaminated medical tools and tracking systems are likely to witness increased adoption, which is anticipated to reflect positively on the global surgical instrument tracking systems market.
Try Sample Report @ https://www.wiseguyreports.com/sample-request/2786812-global-surgical-instrument-tracking-market-research-and-forecast-2017-2022
The key factors propelling the growth of the global surgical instrument tracking market include high patient well-being concerns, increasing demand for inventory management, Unique Device Identification Regulations by Food and Drug Administration and the necessity to increase revenues through operational effectiveness. Technological advancements in surgical instrument tracking software for inventory and surgical instruments management in the near future is also projected to benefit this market over the years to come. Moving forwards, researchers expect the arrival of RFID technology and the introduction of technologically advanced hardware and software products will bring in significant growth in the global surgical instrument tracking systems market for over forecasted time period. Though, factors such as budgetary limitations, and lengthy investment cycles, huge system costs can be attributed to the restraining factors of the global surgical instrument tracking market growth.
Geographical Insights
Geographically market is divided into North America, Europe, Asia Pacific and Rest of the World. North America region is leading the market, owing to increasing uptake of advanced technology and products, the presence of a highly developed medical and healthcare infrastructure, rise in per capita income which directly increases healthcare expenditure which fuels this region. With the introduction of unique device identification (UDI) system by FDA for the efficient identification of medical devices by their distribution channels, the United States has emerged as the key domestic market for surgical instrument tracking systems in North America and is projected to remain on the top over the forecasted year. Asia pacific region is growing at a very fast pace reason being rising geriatric population, rapidly improving healthcare infrastructure in various Asian economies, such as Japan, India and China. This boosts the Asia pacific in Global Surgical instrument tracking market.
Competitive Insights:
The Key Players in the Global Surgical instrument tracking market Include Aescula, Applied Logic, B.Braun Ag, Becton Dickinson, Censis Technologies, Fingerprint Medical Ltd., Gallay Inc., Getinge, Haldor, Infor, Key Surgical, Material Management Microsystems, Mobile Aspects, Spatrack Medical Ltd., Stanley Healthcare, Synergy Health, Syrma Technology, Tgx Medical Systems, Vizbee Rfid Solutions Ltd., Xerafy and so on Partnership, R&D, M&A, Product Launch Are The Key Strategy Adopted In The Global Surgical instrument tracking market.
Market Segmentation:
Global Surgical instrument tracking market is segmented on the basis of technology, components, verticals and regional outlook.
1. Global Surgical instrument tracking market Research and Analysis, By technology
2. Global Surgical instrument tracking market Research and Analysis, By components
3. Global Surgical instrument tracking market Research and Analysis, By verticals
OMR Report covers:
• Comprehensive research methodology of Global Surgical instrument tracking market.
• This report also includes detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the Global Surgical instrument tracking market.
• Insights about market determinants which are stimulating the Global Surgical instrument tracking market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.
For Detailed Reading Please visit WiseGuy Reports @ https://www.wiseguyreports.com/reports/2786812-global-surgical-instrument-tracking-market-research-and-forecast-2017-2022
Some points from table of content:
REPORT SUMMARY
1.1. RESEARCH METHODS AND TOOLS
1.2. MARKET BREAKDOWN
1.2.1. BY SEGMENTS
1.2.2. BY GEOGRAPHY
1.2.3. BY STAKEHOLDERS
1.2.4. EXCEPTIONS
2. MARKET OVERVIEW AND INSIGHTS
2.1. DEFINITION
2.2. ANALYST INSIGHTS & CURRENT MARKET TRENDS
2.2.1. KEY FINDINGS
2.2.2. RECOMMENDATION
2.2.3. CONCLUSION
2.3. REGULATION
2.3.1.1. UNITED STATES
2.3.1.2. EUROPEAN UNION
2.3.1.3. CHINA
2.3.1.4. INDIA
3. MARKET DETERMINANT
3.1. MOTIVATORS
3.1.1. TECHNOLOGICAL ADVANCEMENT
3.1.2. INCREASING INCIDENCE OF RETAINED SURGICAL INSTRUMENT CASES
3.1.3. RAPID NEED FOR SURGICAL INSTRUMENT INVENTORY MANAGEMENT
3.2. RESTRAINT
3.2.1. LIMITATIONS OF SURGICAL INSTRUMENT TRACKING IMAGING
3.2.2. HIGH COST
3.3. OPPORTUNITY
3.3.1. INCREASING DEMAND FOR INVENTORY MANAGEMENT
3.3.2. HIGHER INCORPORATION OF SMARTPHONES AND TABLETS INTO HEALTHCARE SECTOR
MARKET SEGMENTATION
4.1. SURGICAL INSTRUMENT TRACKING, BY TECHNOLOGY
4.1.1. OPTICAL RECOGNITION
4.1.2. BAR CODE SCANNING
4.1.3. BIOMETRICS
4.1.4. RADIO-FREQUENCY IDENTIFICATION (RFID)
4.2. SURGICAL INSTRUMENT TRACKING, BY COMPONENTS
4.2.1. SOFTWARE
4.2.2. HARDWARE
4.2.3. SERVICES
4.3. SURGICAL INSTRUMENT TRACKING, BY VERTICALS
4.3.1. HOSPITALS
4.3.2. CLINICS
4.3.3. OTHERS
Continued…….
For more information or any query mail at [email protected]
About Us
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available.
Contact Us:
Norah Trent
+1 646 845 9349 / +44 208 133 9349
Follow on LinkedIn: https://www.linkedin.com/company/wise-guy-research-consultants-pvt-ltd-?trk=biz-companies-cym
Contact Info:
Name: Norah Trent
Email: [email protected]
Organization: WISEGUY RESEARCH CONSULTANTS PVT LTD
For more information, please visit https://www.wiseguyreports.com/sample-request/2786812-global-surgical-instrument-tracking-market-research-and-forecast-2017-2022
Source: MarketersMedia
Release ID: 347197
More News
Man allegedly stabs partner to death in apartment
A man has been charged with murder after allegedly stabbing his partner to death in a north-west NSW unit.
Mafia fighter suggests NY-style laws to stop unions delaying Olympic builds
US attorney Ronald Goldstock helped take down powerful New York mafia groups, and told the Queensland inquiry similar laws could combat tactics employed by the CFMEU.
Hong Kong teen jailed for 8 years for acid attack on Singaporean tourist
A Hong Kong court has sentenced a teenager with triad links to eight years in prison for splashing corrosive liquid on a Singaporean tourist last year in return for a promised payment of HK$10,000 (US$1,280). Mr Justice Andrew Chan Hing-wai of the High Court said on Thursday that defendant Anson Kew, 19, had caused a “lifelong impact” on Jiang Wen, 36, who suffered second-degree burns in the attack on June 9, 2025. Kew, who was aged 17 at the time, threw a corrosive solution on the victim as she...
Leaked letter reveals growing Labor rift over Kimberley fracking
Federal Member for Fremantle Josh Wilson has become the first Labor member based in WA to reveal he has concerns over the possibility of fracking being undertaken in the Kimberley.
Teenager shot in drive-by dies in hospital
Nineteen-year-old Vana-Reese Schuster-Togiatau, who was shot in the head during a drive-by shooting south of Brisbane, has succumbed to her injuries days later.
Samsung Electronics reportedly ending home appliance sales in Hong Kong
Samsung Electronics is reportedly ending home appliance sales in Hong Kong, months after withdrawing from the mainland Chinese market. Samsung’s Hong Kong office told the South China Morning Post on Thursday that it would focus on televisions, monitors, audio products, business-to-business display solutions and mobile devices in the city. It did not explicitly confirm that it was ending sales of major home appliances. However, a check by the SCMP on Thursday morning found that major home...
With COVID in the rearview mirror, Perth Festival pushes back against parochialism
Western Australia’s iconic summertime arts event gets its international groove back for 2027.
Consumers are mincemeat, but the RBA keeps raising the heat
Our most successful retailers can attest that the cost-of-living crisis is getting worse by the day – even before further rate rises hit consumers.
Massive Keralup gas plant could power neighbouring data centre
APA Group’s Keralup power station, 53 kilometres south of Perth, is currently open for public comment by the Environmental Protection Authority.
Brussels wants industry to ditch Chinese suppliers. Businesses are pushing back
European industry has bristled at EU plans to force businesses to diversify their supply chains away from China, as the bloc gears up for a new package of de-risking measures later this year. In December, the European Commission will present a trio of new instruments, none of which will name China, but the overall aim is to wind down dependencies on Beijing and allow the EU to punch back in a trade war scenario. One tool – DiversifyEU – could compel businesses in key sectors to expand their...
The new level of hidden access that just made the Birdcage even more exclusive
If you think you’ve gained full access to Flemington’s luxury Birdcage enclosures this year, it might well turn out you haven’t.
Rich surface samples open new silver frontier for Patriot in Peru
Surface sampling by Patriot Resources across a new target in Peru has hit up to 27.7g/t silver, just 2km from its existing 31.4 Moz silver-equivalent resource
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.