Surgical Instruments Tracking Systems Market Growth Forecasts - A USD 513.09 Mn Industry Opportunity By 2030Posted by rahul nikade on August 16th, 2022 Surgical Instruments Tracking Systems Industry Overview The global surgical instruments tracking systems market size is anticipated to reach USD 513.09 million by 2030, according to a new report by Grand View Research, Inc. The market is expected to grow at a CAGR of 12.1% over the forecast period. The increasing need for inventory management and implementation of Unique Device Identification (UDI) regulations formed by the FDA are some of the major factors supporting the market growth. Furthermore, surgical tool manufacturers are expected to track their products from manufacturing to distribution. The goal of device tracking is to ensure that instrument manufacturers set up mechanisms that allow them to quickly locate devices in commercial distribution. The proposed UDI regulations by the U.S. Food & Drug Administration (FDA) are projected to propel market growth. Surgical Instruments Tracking Systems Market Segmentation Grand View Research has segmented the global surgical instruments tracking systems market report based on product, technology, end use, and region: Based on the Product Insights, the market is segmented into hardware, software and services
Based on the Technology Insights, the market is segmented into barcodes and RFID
Based on the End-use Insights, the market is segmented into hospitals and others
Surgical Instruments Tracking Systems Regional Outlook
Key Companies Profile & Market Share Insights The leading companies are undertaking several strategic initiatives, such as product developments or launches, collaborations, and mergers & acquisitions along with regional expansions for gaining a higher market share. Some of the prominent players in the global surgical instruments tracking systems market include:
Market Industry Development
Order a free sample PDF of the Surgical Instruments Tracking Systems Market Intelligence Study, published by Grand View Research. About Grand View Research Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc. Phone: 1-415-349-0058 Toll Free: 1-888-202-9519 Email: sales@grandviewresearch.com Web: https://www.grandviewresearch.com
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