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The future of the surgical instrument tracking system market looks promising with opportunities in hospitals, clinics, research facilities, and laboratories. The global surgical instrument tracking system market is expected to grow with a CAGR of 16%-18% from 2020 to 2025. The major drivers for this market are increasing number of surgical procedures, rising adoption of healthcare IT, rising trend for better patient care, and need of minimizing the operational expenses of healthcare facilities.

A total of XX figures / charts and XX tables are provided in this more than 150-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global surgical instrument tracking system market report, please download the report brochure.

 
 
 
In this market, barcode is the largest technology of surgical instrument tracking system, whereas hospital is the largest end user. Growth in various segments of the surgical instrument tracking system market are given below:
 
 

 
The study includes trends and forecast for the global surgical instrument tracking system market by technology, end user, and region as follows:

By Technology [$M shipment analysis for 2014 – 2025]:
  • Barcodes
  • Radiofrequency Identification (RFID)

By End User [$M shipment analysis for 2014 – 2025]:
  • Hospitals
  • Clinics
  • Research Facilities
  • Laboratories
  • Others

By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
  • North America
    • United States
    • Canada 
    • Mexico
  • Europe
    • United Kingdom
    • Spain
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
  • The Rest of the World
    • Brazil
 
Some of the surgical instrument tracking system companies profiled in this report include Censis Technologies, Becton, Dickinson and Company, Materials

Management Microsystem, Getinge, B. Braun, Haldor Advanced Technologies, Intelligent InSites, Key Surgical, Mobile Aspects, TGX Medical System, Vizbee RFID Solutions, and Xerafy.

Lucintel forecasts that barcodes will remain the largest technology segment over the forecast period due to its several advantages, such as ease of handling and low installation cost.

Within this market, hospitals will remain the largest end user segment over the forecast period due to high patient inflow as compared to other end users in the market, use of more equipment and instruments on average than other healthcare providers, and greater number of surgical procedures. 

North America will remain the largest region over the forecast period due to improving regulations and growth in healthcare expenditure.


 
Features of the Global Surgical Instrument Tracking System Market
 
  • Market Size Estimates: Global surgical instrument tracking system market size estimation in terms of value ($M) shipment.
  • Trend and Forecast Analysis: Market trends (2014-2019) and forecast (2020-2025) by various segments.
  • Segmentation Analysis: Global surgical instrument tracking system market size by various segments, such as technology and end user in terms of value.
  • Regional Analysis: Global surgical instrument tracking system market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different technology, end user, and region for the global surgical instrument tracking system market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global surgical instrument tracking system market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.



 
This report answers following key questions
 
Q.1 What are some of the most promising potential, high-growth opportunities for the global surgical instrument tracking system market by technology (barcodes and radiofrequency identification), end user (hospitals, clinics, research facilities, laboratories and others), and region (North America, Europe, Asia Pacific, and Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the global surgical instrument tracking system market?
Q.5 What are the business risks and threats to the global surgical instrument tracking system market?
Q.6 What are the emerging trends in this surgical instrument tracking system market and the reasons behind them?
Q.7 What are some changing demands of customers in this surgical instrument tracking system market?
Q.8 What are the new developments in this surgical instrument tracking system market? Which companies are leading these developments?
Q.9 Who are the major players in this surgical instrument tracking system market? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products and processes in this surgical instrument tracking system market, and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M&A activities did take place in the last five years in the global surgical instrument tracking system market?

 


Report Scope


Key Features Description
Base Year for Estimation 2019
Trend Period
(Actual Estimates)
2014-2019
Forecast Period 2020-2025
Pages More than 150
Market Representation / Units Revenue in US $ Million
Report Coverage Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling
Market Segments Technology (Barcodes and Radiofrequency Identification) and End user (Hospitals, Clinics, Research Facilities, Laboratories and Others)

Regional Scope

North America (USA, Mexico, and Canada), Europe (Norway, Spain, Germany, and France), Asia (China, India, Vietnam, and Indonesia), and ROW (Chile and Brazil)

Customization 10% Customization without Any Additional Cost

Table of Contents


1. Executive Summary

2. Market Background and Classifications
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2014 to 2025
3.1: Macroeconomic Trends and Forecast
3.2: Global Surgical Instrument Tracking System Market Trends and Forecast
3.3: Global Surgical Instrument Tracking System Market by Technology
3.3.1: Barcodes Radiofrequency Identification
3.4: Global Surgical Instrument Tracking System Market by End user
3.4.1: Hospitals 
3.4.2: Clinics 
3.4.3: Research Facilities 
3.4.4: Laboratories  
3.4.5:Others 

4. Market Trends and Forecast Analysis by Region
4.1: Global Surgical Instrument Tracking System Market by Region
4.2: North American Surgical Instrument Tracking System Market
4.2.1: Market by Technology: Barcodes and Radiofrequency Identification
4.2.2: Market by End user: Hospitals, Clinics, Research Facilities, Laboratories and Others
4.2.4: The United States Surgical Instrument Tracking System Market
4.2.5: The Canadian Surgical Instrument Tracking System Market
4.2.6: The Mexican Surgical Instrument Tracking System Market
4.3: European Surgical Instrument Tracking System Market
4.3.1: Market by Technology: Barcodes and Radiofrequency Identification
4.3.2: Market by End user: Hospitals, Clinics, Research Facilities, Laboratories and Others
4.3.3: The United Kingdom Surgical Instrument Tracking System Market
4.3.4: The Spanish Surgical Instrument Tracking System Market
4.3.5: The German Surgical Instrument Tracking System Market
4.3.6: The French Surgical Instrument Tracking System Market
4.4: APAC Surgical Instrument Tracking System Market
4.4.1: Market by Technology: Barcodes and Radiofrequency Identification
4.4.2: Market by End user: Hospitals, Clinics, Research Facilities, Laboratories and Others
4.4.3: The Chinese Surgical Instrument Tracking System Market
4.4.4: The Indian Surgical Instrument Tracking System Market
4.4.5: The Japanese Surgical Instrument Tracking System Market
4.5: ROW Surgical Instrument Tracking System Market
4.5.1: Market by Technology: Barcodes and Radiofrequency Identification
4.5.2: Market by End user: Hospitals, Clinics, Research Facilities, Laboratories and Others
4.5.3: Brazilian Surgical Instrument Tracking System Market

5. Competitor Analysis
5.1: Market Share Analysis
5.2: Product Portfolio Analysis
5.3: Operational Integration
5.4: Geographical Reach
5.5: Porter’s Five Forces Analysis

6. Cost Structure Analysis
6.1: Cost of Goods Sold
6.2: SG&A
6.3: EBITDA Margin

7. Growth Opportunities and Strategic Analysis
7.1: Growth Opportunity Analysis
7.1.1: Growth Opportunities for the Global Surgical Instrument Tracking System Market by Technology
7.1.2: Growth Opportunities for the Global Surgical Instrument Tracking System Market by End user
7.1.3: Growth Opportunities for the Global Surgical Instrument Tracking System Market by Region
7.2: Emerging Trends in the Global Surgical Instrument Tracking System Market
7.3: Strategic Analysis
7.3.1: New Product Development
7.3.2: Capacity Expansion of the Global Surgical Instrument Tracking System Market
7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Surgical Instrument Tracking System  Market
7.3.4: Certification and Licensing

8. Company Profiles of Leading Players
8.1: Censis Technologies 
8.2: Becton, Dickinson and Company 
8.3: Materials Management Microsystem 
8.4: Getinge Group 
8.5: B. Braun Melsungen 
8.6: Haldor Advanced Technologies 
8.7: Intelligent InSites 
8.8: Key Surgical, Mobile Aspects 
8.9: TGX Medical System 
8.10: Vizbee RFID Solutions  
 
.

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Full Report: Surgical Instrument Tracking System Market: Trends, Forecast and Competitive Analysis Full Report $ 4,850
150 - page report
Lucintel has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
  • In-depth interviews of the major players in this market
  • Detailed secondary research from competitors’ financial statements and published data 
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Below is a brief summary of the primary interviews that were conducted by job function for this report.
 

 
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.