AnalystView Identifies New Market Opportunities for Surgical Instrument Tracking Systems Market in Latest Published In-depth Industry Analysis| Getinge Group, B. Braun, Xerafy, Censis Technologies and Haldor Advanced Technologies

AnalystView Market Insights always aims at offering an in-depth and comprehensive analysis on different industry domains. This newly published market research report on the Global Surgical Instrument Tracking Systems Market is a significant part of AnalystView Market Insights’ machinery portfolio and represents detailed insights into the market space for surgical instrument tracking systems market. The report on the global surgical instrument tracking systems market is our commitment to fulfill our client’s requirements by providing comprehensive and in-depth industry analysis.

The global surgical instrument tracking systems market is expected to grow at growth rate of 19.7% to reach USD 508.6 million by 2025. This comprehensive study reveals the market estimate numbers for different market segments. Along with that, the study covers qualitative insights, strategic benchmarking and thorough competitive landscaping in the report spreading over 120 pages.

Surgical instrument tracking systems are primarily used to track usage, and location of medical instruments in order to improve patient safety and to manage instrument inventory. Technological advancements coupled with rising surgical procedures is expected to drive the market growth. For example, the evolution of a unique surgical instruments identifier, RFID technology, has also resulted in effective patient outcomes. RFID instruments help in identifying, tracking, and reporting portable medical devices. Other factors such as rising incidences of the retained surgical instrument, increasing number of hospital facilities, and government regulations support the market growth to some extent. However, lack of proper guidelines on the use of medical instrument tracing systems is projected to hamper the market growth over the study period.

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Key Takeaways:

• Software segment accounted for the highest share of the total market
• RFID segment is anticipated to grow with the significant growth rate owing to its associated benefits in instrument tracking systems
• For instance, in April 2015, Xerafy’s RFID system proved its value and suitability in surgical instrument tracking in clinical studies conducted at New Rigshospitalet hospital in Denmark. This RFID UHF tag offers more advantages in terms of accuracy and speed compared to the barcode `and other commercially available RFID technologies.
• Others end-user segment, which covers surgical centers, clinical laboratories etc., is expected to capture significant revenue share
• Developed regions such as North America and Europe accounted for the largest share, more than 70% share throughout the study period
• These regions looking forward to progressive implementation of tracking systems in hospitals & medical centers due to the rise in incidence of instruments being left in the patient’s body after surgery and misplacement of surgical instruments
• Additionally, these centers use tracking systems in conjunction with a global positioning system (GPS) in order to locate instrument sets and portable equipment precisely, aided in market growth further
• The Asia Pacific and Latin American countries are expected to grow with the highest growth rate over the forecast period
• Companies such as B. Braun, Getinge Group, Xerafy, Censis Technologies and Haldor Advanced Technologies are profiled in the study
• The leading players are entering into mergers & acquisitions, strategic collaborations, regional expansions, and new product development in order to gain highest market share in the industry

Browse full research highlight with in-depth ToC on “Surgical Instrument Tracking Systems Market, By Product, By Technology, By End-Use and Geography – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025” at
https://www.analystviewmarketinsights.com/report-highlight-surgical-instrument-tracking-systems-market/

The scope of this report covers the market by its major segments, as follows:

MARKET, BY PRODUCT
Hardware
Software
Services

MARKET, BY TECHNOLOGY
Barcodes
RFID

MARKET, BY END-USE
Hospital Settings
Others

MARKET, BY REGION
North America (U.S. and Canada)
Europe (France and Germany)
Asia Pacific (India and China)
Middle East and Africa
Latin America
Rest of the World

Key players profiled in this report with special attention on competitive landscape includes, (can be further customized to include additional 10 profiles of companies):
Getinge Group
B. Braun
Xerafy
Censis Technologies
Haldor Advanced Technologies

Key Question Answered:
What are the key market trends, drivers, barriers, opportunities and recommendations?
What will the market size be from 2014 to 2025 and expected growth rate?
Who are the key vendors in Global Surgical Instrument Tracking Systems Market space?
What is the revenue share of surgical instrument tracking systems market, by product, technology and by different end-use industries?
Who are the largest revenue contributor as well as fastest growing category for respective industry segments?
What are the strategies adopted by key vendors to expand their market presence?
What is the revenue share of key players operating in this market (2017)?

Please note that preparing of customized report catering to a particular region or country is also possible within quicker time frame as we follow bottom-up research methodology

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