Global Surgical Instrument Tracking Systems Market Size & Outlook

The surgical instrument tracking systems industry worldwide is expected to reach a projected revenue of US$ 513.1 million by 2030. A compound annual growth rate of 12.4% is expected of the worldwide surgical instrument tracking systems industry from 2024 to 2030.
Revenue, 2023 (US$M)
$226.2
Forecast, 2030 (US$M)
$513.1
CAGR, 2024 - 2030
12.4%
Report Coverage
Worldwide

Global surgical instrument tracking systems market, 2018-2030 (US$M)

Related Markets

Global surgical instrument tracking systems market highlights

  • The global surgical instrument tracking systems market generated a revenue of USD 226.2 million in 2023 and is expected to reach USD 513.1 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 12.4% by 2030.
  • In terms of segment, barcodes accounted for a revenue of USD 184.8 million in 2023.
  • RFID is the most lucrative technology segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 226.2 million
Market revenue in 2030USD 513.1 million
Growth rate12.4% (CAGR from 2023 to 2030)
Largest segmentBarcodes
Fastest growing segmentRFID
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBarcodes, RFID

Other key industry trends

  • In terms of revenue, the North America accounted for 37.1% of the global surgical instrument tracking systems market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 134.1 million by 2030.

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Surgical Instrument Tracking Systems Market Companies

Name Profile # Employees HQ Website

Global surgical instrument tracking systems market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to surgical instrument tracking systems market will help companies and investors design strategic landscapes.


Barcodes was the largest segment with a revenue share of 81.7% in 2023. Horizon Databook has segmented the Global surgical instrument tracking systems market based on barcodes, rfid covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Surgical Instrument Tracking Systems Technology Outlook (Revenue, USD Million, 2018-2030)
    • Barcodes
    • RFID
  • Global Surgical Instrument Tracking Systems Product Outlook (Revenue, USD Million, 2018-2030)
    • Hardware
    • Software
    • Services
  • Global Surgical Instrument Tracking Systems End Use Outlook (Revenue, USD Million, 2018-2030)
    • Hospitals
    • Others

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  • Our clientele includes a mix of surgical instrument tracking systems market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global surgical instrument tracking systems market , including forecasts for subscribers. This global databook contains high-level insights into Global surgical instrument tracking systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global surgical instrument tracking systems market size, by regions, 2018-2030 (US$M)

Top 10 countries: Surgical instrument tracking systems market size, 2023 (US$M)

Global surgical instrument tracking systems market share, by technology, 2023 & 2030 (%, US$M)

Surgical instrument tracking systems market: Opportunity assessment by country

Global surgical instrument tracking systems market, by region, 2023 (US$M)

Global surgical instrument tracking systems market size, by regions, 2018-2030 (US$M)

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