Canada Surgical Instrument Tracking Systems Market Size & Outlook

The surgical instrument tracking systems market in Canada is expected to reach a projected revenue of US$ 39.6 million by 2030. A compound annual growth rate of 12.5% is expected of Canada surgical instrument tracking systems market from 2024 to 2030.
Revenue, 2023 (US$M)
$17.4
Forecast, 2030 (US$M)
$39.6
CAGR, 2024 - 2030
12.5%
Report Coverage
Canada

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

Canada

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Canada surgical instrument tracking systems market highlights

  • The Canada surgical instrument tracking systems market generated a revenue of USD 17.4 million in 2023 and is expected to reach USD 39.6 million by 2030.
  • The Canada market is expected to grow at a CAGR of 12.5% from 2024 to 2030.
  • In terms of segment, barcodes was the largest revenue generating technology in 2023.
  • RFID is the most lucrative technology segment registering the fastest growth during the forecast period.

Surgical instrument tracking systems market data book summary

Market revenue in 2023USD 17.4 million
Market revenue in 2030USD 39.6 million
Growth rate12.5% (CAGR from 2023 to 2030)
Largest segmentBarcodes
Fastest growing segmentRFID
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBarcodes, RFID
Key market players worldwideFortive Corp, Getinge AB ADR, Becton Dickinson & Co, Avery Dennison Corp, Spa Track, Xerafy, Fingerprint Medical, B. Braun, Ternio Group

Other key industry trends

  • In terms of revenue, Canada accounted for 7.7% of the global surgical instrument tracking systems market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. surgical instrument tracking systems market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 39.6 million by 2030.

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Surgical Instrument Tracking Systems Market Companies

Name Profile # Employees HQ Website

Canada 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 81.03% in 2023. Horizon Databook has segmented the Canada surgical instrument tracking systems market based on barcodes, rfid covering the revenue growth of each sub-segment from 2018 to 2030.


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

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Target buyers of Canada surgical instrument tracking systems market databook

  • 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 country-level data and insights on the Canada surgical instrument tracking systems market , including forecasts for subscribers. This country databook contains high-level insights into Canada surgical instrument tracking systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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

Canada Surgical Instrument Tracking Systems Market Outlook Share, 2023 & 2030 (US$M)

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

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