The Global Tracking Surgical Instrument Growth is Accelerated by Increased Traceability Needs

Nov 07, 2019- Million Insights Market Research has published a new report titled ‘Surgical Instrument Tracking Systems Market – Global Industry Analysis, Size, Share, Growth, and Forecast, 2018–2026.’ Surgical Instrument Tracking Systems market report helps analyze trends and significant developments in the industry.Global surgical instrument tracking systems market was valued at over USD 83.5 million in 2015 and is anticipated to rise at over 19.0% during the forecast period.

In the U.S., nearly 90,000 people die every year due to hospital-acquired infections, based on a data by CDC.

It is also used for inventory management to enhance the efficiency of the staff.Request a PDF Sample @ https://www.millioninsights.com/industry-reports/surgical-instrument-tracking-systems-market/request-sampleRising prevalence of retained surgical equipment cases is another factor which is expected to contribute to the demand for surgical instrument tracking systems in the coming years.

The fatality rate of retained surgical instruments accounted for nearly 2%, according to a study by the National Center for Biotechnology Information.

Software held the largest market share in 2016 and is projected to witness lucrative growth over the forecast period.

This further facilitates inventory management and delivers ongoing assistance through phone.The hardware segment is expected to showcase significant growth over the forecast period.

Global surgical instrument tracking systems market was valued at over USD 83.5 million in 2015 and is anticipated to rise at over 19.0% during the forecast period.

In the U.S., nearly 90,000 people die every year due to hospital-acquired infections, based on a data by CDC.

It is also used for inventory management to enhance the efficiency of the staff.Rising prevalence of retained surgical equipment cases is another factor which is expected to contribute to the demand for surgical instrument tracking systems in the coming years.

The fatality rate of retained surgical instruments accounted for nearly 2%, according to a study by the National Center for Biotechnology Information.

Software held the largest market share in 2016 and is projected to witness lucrative growth over the forecast period.

This further facilitates inventory management and delivers ongoing assistance through phone.The hardware segment is expected to showcase significant growth over the forecast period.

According to the new market research report “Gynecology Surgical Instrument Market by Product (Scissors, Forceps, Trocar, SIMS, CUSCO), Application (Laparoscopy, Colposcopy, Hysteroscopy, D, Ablation, Biopsy), & End User (Hospital, Clinic, Ambulatory Surgery Center) — Global Forecast”, published by MarketsandMarkets™, the Global Gynecology Surgical Instrument Market is expected to reach USD 2.44 Billion, at a CAGR of 7.1% during the forecast period.analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia, and Rest of the World (RoW) Download PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=122824797The growth of the market is mainly driven by factors such as the high incidence of gynecological diseases, increasing awareness programs, and rising government investments for providing advanced healthcare facilities & services.

However, increasing preference for robotic surgeries is the major factor that may restrain the growth of this market to a certain extent during the forecast period.Browse and in-depth TOC on “Gynecology Surgical Instrument Market”157 — Tables76 — Figures212 — PagesThe report segments the Gynecology Surgical Instrument Market based on products, applications, end user, and region.

On the basis of products, the market is segmented into forceps, scissors, needle holders, dilators, trocars, vaginal speculums, and other instruments.

Forceps are expected to account for the largest share of the market, the growth of the forceps segment is attributed to the increase in the number of gynecological surgeries and the repeated use of forceps in most gynecological surgeries.Based on application, the market is further segmented into laparoscopy, hysteroscopy, dilation and curettage, colposcopy, and other applications.

Laparoscopy segment is expected to grow at the highest CAGR during the forecast period.

Laparoscopy forms the largest and fastest-growing application segment of the market.

Surgical Instrument Tracking System Market Research Report: Information by System Type (Electronic Tracking, Barcode Tracking, and Radio Frequency Identification), Components (Software, Hardware, and Services), End User (Hospitals & Clinics, Research Centers, and Others), and Region (the Americas, Europe, Asia-Pacific, and the Middle East & Africa)—Global Forecast till 2025Global Surgical Instrument Tracking System Market In-Depth competition analysis of the major companies in the report, sector of the report includes the market depictions, requirements, and product portrayals, manufacture, competence, contact figures, cost, and revenueMajor Key PlayersThe key strategies followed by the players operating in the global Surgical Instrument Tracking System Market were innovation, product development, acquisition, and expansion.Censis Technologies, Inc. (US), Keir Surgical (Canada), Microsystems, Inc. (US), Becton, Dickinson and Company (US), Haldor Advanced Technologies (US), Intelligent InSites (US), Key Surgical (US), Mobile Aspects (US), TGX Medical Systems (US), Xerafy Singapore Pte Ltd (Singapore), STANLEY Healthcare (US), Getinge AB (Sweden), SpaTrack Medical Limited (UK), Scanlan International (US), and FingerPrint Medical Limited (UK)Market Segment AnalysisGlobal Surgical Instrument Tracking System Market, by System TypeElectronic TrackingBarcode TrackingRadio Frequency Identification (RFID)Global Surgical Instrument Tracking System Market, by ComponentsSoftwareHardwareReadersTagsOthersServicesGlobal Surgical Instrument Tracking System Market, by End UserHospitals and ClinicsResearch CentersOthersKey Study Highlights:This report for Surgical Instrument Tracking System Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market.

The report also gives a broad study of the different market segments and regions.Regional AnalysisGeographically, the global Surgical Instrument Tracking System Market has been divided into the Americas, Europe, Asia-Pacific, and the Middle East and Africa.Browse Full Report Page Enabled with complete Table of Content at https://www.marketresearchfuture.com/reports/surgical-instrument-tracking-system-market-1391Chapter 9.

Global Surgical Instrument Tracking System Market By Region9.1 Introduction9.2 America9.2.1 North America9.2.1.1 U.S.9.2.1.2 Canada9.2.2 South America9.3 Europe9.3.1 Western Europe9.3.1.1 Germany9.3.1.2 France9.3.1.3 Italy9.3.1.4 Spain9.3.1.5 U.K.9.3.1.6 Rest Of Western Europe9.3.2 Eastern Europe9.4 Asia Pacific9.4.1 Japan9.4.2 China9.4.3 India9.4.4 Australia9.4.5 Republic Of Korea9.4.6 Rest Of Asia Pacific9.5 The Middle East & Africa9.5.1 United Arab Emirates9.5.2 Saudi Arabia9.5.3 Oman9.5.4 Kuwait9.5.5 Qatar9.5.6 Rest Of The Middle East & AfricaAbout Market Research Future: MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.Contact:+1 646 845 9312 | Email: [email protected]

The global Surgical Instrument Tracking insights report offers complete overview of various aspects.

The Global Surgical Instrument Tracking insights study is major compilation of significant information with respect to the competitor details of this market.

According to a new Fact.MR study, the Surgical Instrument Tracking insights is poised to expand at an impressive value CAGR of 16.6% through 2030.Note: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis.

The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.Request to View Sample of Research Report @ https://www.factmr.com/connectus/sample?flag=S_id=4835Our best analysts have surveyed the market report with the reference of inventories and data given by the key players:BectonDickinson and CompanyInforCantel Medical Corporation (MEDIVATORS Inc.)Steris PlcThe Global Surgical Instrument Tracking insights report covers deep insights of various vital aspects of the market.

Report of Surgical Instrument Tracking provides the summarized study of several factors encouraging the growth of the market such as manufacturers, market size, types, applications, and regions.

Likewise, to assess the market size, this study offers a precise analysis of the provider’s landscape as well as a corresponding detailed study about the manufacturers operating in the Surgical Instrument Tracking market.

The global veterinary surgical instrument market size is expected to reach USD 1.5 billion by 2027, according to a new report by Radiant Insights, Inc., registering a CAGR of 7.0% from 2020 to 2027.

Growing demand for pet adoption is expected to drive the market over the forecast period.

Furthermore, key players are implementing newer strategies to sustain in this competitive market.

The ambulance will be equipped with all the necessary tools such as surgical instruments and sterilizers.

For instance, in October 2017, Surgical Holdings launched two new products-chisels and osteotomes-to expand its product portfolio.

Market players focus on adopting strategies such as new product launches, partnerships, and collaborations.