North America surgical instrument tracking systems market is projected to grow by 12.3% annually in the forecast period and reach $422.7 million by 2031, driven by the growing geriatric population with chronic ailments, increasing need for ensuring better inventory and asset management practices, implementation of unique device identification (UDI) regulations by the FDA, rising number of surgical procedures, and the availability of technologically advanced products.
Highlighted with 22 tables and 36 figures, this 91-page report “North America Surgical Instrument Tracking Systems Market 2021-2031 by Component (Hardware, Software, Services), Technology (Barcode, RFID), End User (Hospitals, ASCs, Others), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America surgical instrument tracking systems market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America surgical instrument tracking systems market in every aspect of the classification from perspectives of Component, Technology, End User, and Country.
Based on Component, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Hardware
o Readers
o Tags
o Other Hardware Components
• Software
• Services
Based on Technology, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Barcode Systems
• Radio Frequency Identification Devices (RFID) Systems
o Active RFID Tags
o Passive RFID Tags
By End User, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
• Hospitals
• Ambulatory Surgical Centers (ASCs)
• Other End Users
Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of national markets by Component, Technology, and End User over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
ASANUS Medizintechnik GmbH
B. Braun Melsungen AG
Becton, Dickinson and Company
FingerPrint Medical Limited
Fortive Corporation (Censis Technologies Inc.)
Getinge AB (Carl Bennet AB)
Haldor Advanced Technologies Ltd.
Integra Lifesciences Holding Corporation
Murata Manufacturing Co., Ltd.
NuTrace
ScanCARE Pty Ltd.
Scanlan International, Inc.
SpaTrack Medical Limited
Stanley Black & Decker, Inc. (Stanley Healthcare)
Steris plc
Ternio Group LLC
Xerafy Singapore Pte Ltd.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 17
2.1 Market Size and Forecast 17
2.1.1 Impact of COVID-19 on World Economy 18
2.1.2 Impact of COVID-19 on the Market 20
2.2 Major Growth Drivers 22
2.3 Market Restraints and Challenges 27
2.4 Emerging Opportunities and Market Trends 30
2.5 Porter’s Fiver Forces Analysis 34
3 Segmentation of North America Market by Component 38
3.1 Market Overview by Component 38
3.2 Hardware 40
3.2.1 Readers 41
3.2.2 Tags 42
3.2.3 Other Hardware Components 43
3.3 Software 44
3.4 Services 45
4 Segmentation of North America Market by Technology 46
4.1 Market Overview by Technology 46
4.2 Barcode Systems 48
4.3 Radio Frequency Identification Devices (RFID) Systems 49
4.3.1 Active RFID Tags 51
4.3.2 Passive RFID Tags 52
4.4 Emerging Technologies 53
5 Segmentation of North America Market by End User 54
5.1 Market Overview by End User 54
5.2 Hospitals 56
5.3 Ambulatory Surgical Centers (ASCs) 57
5.4 Other End Users 58
6 North America Market 2021-2031 by Country 59
6.1 Overview of North America Market 59
6.2 U.S. 62
6.3 Canada 65
6.4 Mexico 67
7 Competitive Landscape 69
7.1 Overview of Key Vendors 69
7.2 New Product Launch, Partnership, Investment, and M&A 72
7.3 Company Profiles 73
ASANUS Medizintechnik GmbH 73
B. Braun Melsungen AG 75
Becton, Dickinson and Company 76
FingerPrint Medical Limited 77
Fortive Corporation (Censis Technologies Inc.) 78
Getinge AB (Carl Bennet AB) 79
Haldor Advanced Technologies Ltd. 80
Integra Lifesciences Holding Corporation 81
Murata Manufacturing Co., Ltd. 82
NuTrace 83
ScanCARE Pty Ltd. 84
Scanlan International, Inc. 85
SpaTrack Medical Limited 86
Stanley Black & Decker, Inc. (Stanley Healthcare) 87
Steris plc 88
Ternio Group LLC 89
Xerafy Singapore Pte Ltd. 90
RELATED REPORTS 91
List of Tables:
Table 1. Snapshot of North America Surgical Instrument Tracking Systems Market in Balanced Perspective, 2021-2031 16
Table 2. World Economic Outlook, 2021-2031 19
Table 3. World Health Spending by Region, $ bn, 2013-2020 26
Table 4. Main Product Trends and Market Opportunities in North America Surgical Instrument Tracking Systems Market 30
Table 5. North America Surgical Instrument Tracking Systems Market by Component, 2021-2031, $ mn 38
Table 6. North America Surgical Instrument Tracking Systems Market: Hardware by Type, 2021-2031, $ mn 40
Table 7. North America Surgical Instrument Tracking Systems Market by Technology, 2021-2031, $ mn 46
Table 8. North America Surgical Instrument Tracking Systems Market: RFID Systems by Type, 2021-2031, $ mn 50
Table 9. North America Surgical Instrument Tracking Systems Market by End User, 2021-2031, $ mn 54
Table 10. North America Surgical Instrument Tracking Systems Market by Country, 2021-2031, $ mn 60
Table 11. U.S. Surgical Instrument Tracking Systems Market by Component, 2021-2031, $ mn 64
Table 12. U.S. Surgical Instrument Tracking Systems Market by Technology, 2021-2031, $ mn 64
Table 13. U.S. Surgical Instrument Tracking Systems Market by End User, 2021-2031, $ mn 64
Table 14. Canada Surgical Instrument Tracking Systems Market by Component, 2021-2031, $ mn 66
Table 15. Canada Surgical Instrument Tracking Systems Market by Technology, 2021-2031, $ mn 66
Table 16. Canada Surgical Instrument Tracking Systems Market by End User, 2021-2031, $ mn 66
Table 17. Mexico Surgical Instrument Tracking Systems Market by Component, 2021-2031, $ mn 68
Table 18. Mexico Surgical Instrument Tracking Systems Market by Technology, 2021-2031, $ mn 68
Table 19. Mexico Surgical Instrument Tracking Systems Market by End User, 2021-2031, $ mn 68
Table 20. ASANUS Medizintechnik GmbH: Company Snapshot 73
Table 21. ASANUS Medizintechnik GmbH: Business Segmentation 74
Table 22. ASANUS Medizintechnik GmbH: Product Portfolio 74
