openPR Logo
Press release

Surgical Instrument Tracking Systems Market - Overview On Product Performance 2025 | Getinge Group, Xerafy

08-24-2018 11:24 AM CET | Health & Medicine

Press release from: TMR Research

/ PR Agency: TMR Research
Surgical Instrument Tracking Systems Market - Overview

Global Surgical Instrument Tracking Systems Market: Snapshot

The global market for surgical instrument tracking systems is poised for double-digit growth rate in the near future. Surgical instrument tracking system helps manage inventory at various point of service to meet unique needs.

Request Sample Copy of the Report @
www.tmrresearch.com/sample/sample?flag=B&rep_id=2600

Surgical instrument tracking system helps enhance patient safety. This is because enhanced sterile processing and distribution processes facilitate to optimize patient care. It helps reduce case delays as the system ensures the necessary instruments are ready on time, every time. Surgical instrument tracking system help provide insights on sterile processing department (SPD) processes to enhance staff productivity. The system helps improve resource and instrument management to reduce the need for immediate use steam sterilization (IUSS).

Increasing incidence of misplacement of surgical instruments and increasing number of cases of hospital-acquired infections are key factors behind the growth of surgical instrument tracking system market. As per statistics of Centers for Disease Control and Prevention (CDC), almost 90,000 individuals die because of hospital-acquired infection in the U.S. each year. Therefore, the need to prevent infection caused due to contaminated instruments and need for better inventory management is driving the surgical instrument tracking system market.

Request TOC of the Report @
www.tmrresearch.com/sample/sample?flag=T&rep_id=2600

In addition, rising incidence of retained surgical instrument cases is another key factor contributing to the growth of surgical instrument tracking system market. As per statistics of the National Center for Biotechnology Information, the mortality rate of retained surgical objects is almost 2%. This is necessitating the deployment of advanced technologies such as 2D barcodes and RFID to track instruments in operating rooms.

Apart from this, factors such as unique device identification (UDI) regulations by FDA, growing need for inventory management and better patient care, and the need to maximize revenue through operational efficiency are fuelling the surgical instrument tracking system market.

On the downside, extended investment cycles, high system costs, and budgetary constraints are challenging this market’s growth.

Global Surgical Instrument Tracking Systems Market: Overview

The global surgical instrument tracking systems market has been witnessing a considerable rise in its valuation. The rising prevalence of hospital-acquired infections and the increasing incidence of instrument misplacement are propelling this market substantially.

According to the CDC, hospital-acquired infections cause nearly 90,000 deaths per year in the U.S. alone. In a bid to prevent the infections caused by contaminated medical tools and to improve the inventory management, tracking systems are likely to witness increased adoption, which is expected to reflect positively on the worldwide market for surgical instrument tracking systems in the near future.

Global Surgical Instrument Tracking Systems Market: Key Trends

The rising prevalence of retained surgical instrument cases is the most prominent trend that is having a significant impact on the global market for surgical tracking systems. The increasing number of these cases has fueled the requirement of advanced instrument tracking technologies, such as RFID and barcode, in operation theater (OT), which is reflecting greatly on the uptake of surgical instrument tracking systems.

Read Comprehensive Overview of Report @
www.tmrresearch.com/surgical-instrument-tracking-systems-...

The demand for surgical instrument tracking software has been noticeably high and the trend is likely to remain so over the next few years. Similarly, barcode technology is anticipated to contribute the most significant share to the revenue generated in this market over the forthcoming years.

Global Surgical Instrument Tracking Systems Market: Market Potential

The global surgical instrument tracking systems market is likely to gain substantially from the technological advancements in surgical instrument tracking software for inventory and surgical instruments management in the near future. The decline in the installation cost of barcodes, resulting in the rising deployment of surgical instrument tracking systems in hospitals, clinics, and ambulatory surgery centers (ASCs), is also projected to benefit this market over the years to come.

Moving forwards, researchers expect the advent of RFID technology and the introduction of technologically advanced software and hardware products will bring in significant growth in the worldwide market for surgical instrument tracking systems over the next few years.

Global Surgical Instrument Tracking Systems Market: Regional Outlook

The worldwide market for surgical instrument tracking systems has a strong presence across Asia Pacific, the Middle East and Africa, North America, Europe, and Latin America. Closely followed by Europe, North America has been leading the global market. Going forward, the presence of a highly developed medical and healthcare infrastructure, increasing uptake of advanced technology and products, and the rise in the per capita healthcare expenditure points towards a thriving future of this regional market.

With the introduction of unique device identification system by FDA for the efficient identification of medical devices by their distribution channels, the U.S. has emerged as the key domestic market for surgical instrument tracking systems in North America and is anticipated to remain on the top over the next few years.

Amongst other, Asia Pacific is expected to present the most promising growth opportunities over the forthcoming years, thanks to the presence of untapped potential in this region. Apart from this, the increase in the geriatric population and the rapidly improving healthcare infrastructure in various Asian economies, such as India, China, and Japan, are also projected to boost the Asia Pacific surgical instrument tracking systems in the near future.

Global Surgical Instrument Tracking Systems Market: Competitive Analysis

The global market for surgical instrument tracking systems displays a highly competitive landscape, with the key players adopting several efficient strategies, such as mergers, acquisitions, partnerships, product innovation, and geographical expansion, to strengthen their presence. The leading manufacturers of surgical instrument tracking systems across the world are Censis Technologies Inc. Getinge Group, Xerafy, Haldor Advanced Technologies Ltd., B. Braun Melsungen AG, Materials Management Microsystems Inc., and Becton, Dickinson and Co.

About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends. Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:
TMR Research,
3739 Balboa St # 1097,
San Francisco, CA 94121
United States
Tel: +1-415-520-1050
Email: sales@tmrresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Surgical Instrument Tracking Systems Market - Overview On Product Performance 2025 | Getinge Group, Xerafy here

News-ID: 1199465 • Views: 280

More Releases from TMR Research

Power Uprates Market Scope and Opportunities Analysis 2017 – 2025 | Lightbridg …
Global Power Uprates Market : Snapshot With escalating population across the world and rapid urbanization in several emerging economies, the demand for power it at an all-time peak. In this scenario, it becomes essential to increase the efficiency of each nuclear power plant. Power uprate is the technique with which not only the maximum heat output can be achieved, it does to in accordance to the plant safety. Get Sample Copy of
IoT Cloud Platform Market Segmentation Detailed Study with Forecast to 2025 | Se …
Global IoT cloud Platform Market: Snapshot The Internet of Things has emerged as a prominent platform for data and information sharing in the IT world. Within a short period of time it has gained popularity and is being used by a large population base. The inter-networking of physical devices, buildings, vehicles, and other items that have been integrated with network connectivity, actuators, software, sensors, and electronics, allowing the objects to accumulate
Smart Advisors Market Latest Trends and Future Growth Study by 2025 | IBM Watson
Global Smart Advisors Market: Snapshot There has been a significant rise in demand for demand for wealth advisory across the globe over the past few years, chiefly owing to the rising wealth of the affluent upper-middle class in emerging economies and the substantial increase in the number of high-net-worth individuals (HNWIs) globally. While financial advisory firms across the globe position themselves to benefit from the vast rise in growth opportunities, a
Cloud Computing in Education Market Share and Growth Factors Impact Analysis 201 …
Global Cloud Computing in Education Market: Snapshot As the rapidly expanding education sector faces sustainability issues and budget restrictions, cloud computing is increasingly being seen as one approach to relieve these pressures. As capacity requirements of an educational institution begin to fluctuate and as new services and applications become available, the association with cloud allows institutions to meet the needs of their constituents in a cost effective and quick manner. As

All 5 Releases


More Releases for Surgical

Surgical Microscope Market Size, Surgical Microscope Market Share, Surgical Micr …
The global surgical microscope market was valued at USD 610.3 million in 2017 and is estimated to grow at a CAGR of 12.5% during the forecast period 2017-2026. Request for Sample of This Research Report @ https://bit.ly/2xjcXML Top Key Players:- Carl Zeiss AG, Leica Microsystems, Takagi Corporation, Seiler Precision Microscopes, Topcon Corporation, Alltion (Wuzhou) Co. Ltd., Alcon Laboratories, Inc., Haag-Streit Surgical, Olympus Corporation, Accu-scope, Inc., Novartis AG, Danaher Corporation, Labomed Microscopes, Prescott’s Inc.,
Dental Surgical Equipment Market
Regular consumption of tobacco and unhealthy foods are the major causes of dental diseases. Some of the major dental diseases are plaque, cavities and periodontal disease. Plaque is an excessive accumulation of the bacteria and germs that normally live in mouth. Cavities are holes where bacteria damages tooth's enamel. Periodontal disease is one of the major serious dental disorders that cause gum recession and damages soft and hard tissues. Some
Euro Surgical Pathology 2018
Rome, Italy welcomes you all to share Medical Knowledge and Experience at our upcoming "14th International Conference on Surgical Pathology and Cancer Diagnosis, May 17-18, 2018. Some of the main sessions "to-be-covered" are • Surgical Pathology and Diagnosis • Cancer Pathology • Breast Pathology • Gynecologic Pathology • Gastrointestinal and Liver Pathology • Neuro Surgery and Pathology • Oral and Maxillofacial Pathology • Dermatopathology • Genitourinary Pathology • Cytopathology & many more! Holiday Inn Rome - Aurelia Via Aurelia Km 8,400 00163 Roma Italy
Impact of Surgical Robots on Global Surgical Equipment Market
Modern invention and innovation in technology has captivated almost all industries and is continuously influencing the market growth across the world. The surgical equipment market is also influenced due to product innovations. A recent report by Arizton Advisory & Intelligence, which includes the study of global surgical equipment market has provided some evident that the launch of advanced products is likely to impact the global market. The report Surgical Equipment
Surgical Robotics System Market Growth 2017-2022 Intuitive Surgical, TransEnteri …
Surgical Robotics System Market Research Report A market study based on the " Surgical Robotics System Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Surgical Robotics System Market 2017’. The research report analyses the historical as well as present performance of the worldwide Surgical Robotics System industry, and makes predictions on the future status of Surgical Robotics System market on the basis
Global Surgical Lamp Market: By Applications - Hospitals, Ambulatory Surgical Ce …
Latest industry research report on: Global Surgical Lamp Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts Download Sample copy of this Report at :http://www.marketresearchreports.biz/sample/sample/1099389 This report studies Surgical Lamp in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers