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 2023 | USD 226.2 million |
| Market revenue in 2030 | USD 513.1 million |
| Growth rate | 12.4% (CAGR from 2023 to 2030) |
| Largest segment | Barcodes |
| Fastest growing segment | RFID |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Barcodes, 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 Scope
Surgical instrument tracking systems market segmentation & scope
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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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.
Partial client list
Global surgical instrument tracking systems market statistics, by regions, 2018-2030 (US$M)
Top 10 countries: Surgical instrument tracking systems market size, 2023 (USD Million)
Top 10 countries: Surgical instrument tracking systems market size, 2023 (USD Million)
Global surgical instrument tracking systems market, by region, 2023 (US$M)
Related regional statistics
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