Surgical Instrument Tracking Systems Market Is Driven By Extensive Utilization Of Instrument Tracking Products By Hospital Across The Globe
Global surgical instrument tracking systems market was valued at around USD160 million until 2021 and is expected to grow at a robust CAGR during the forecast period. The global surgical instrument tracking systems market is driven by extensive utilization of instrument tracking products by hospital across the globe. Moreover, surging need for improved practices for managing assets is expected to positively impact the growth of market during the forecast period. Also, continuous technological advancement in the healthcare industry is further expected to bolster the growth of market over the next few years. The global surgical instrument tracking systems market is segmented based on technology, component, end user, company, and region. Based on technology, the market can be categorized into barcode and RFID. Out of these, the RFID segment dominated the market in terms of largest market share during 2021 and is expected to maintain its leading position the market during the foreca...