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Surgical Instrument Tracking System Market : Emerging Trends and Opportunities in End-Use Industries
The global surgical instrument tracking system market size was USD 186.7 Million in 2021 and is expected to register a revenue CAGR of 12.1% during the forecast period, according to latest analysis by Emergen Research. Increasing preference for robotic surgeries owing to the benefits offered such as minimal risk of errors and others, technological advancements in medical devices, increasing need for federal government device identifications are some of the key factors driving market revenue growth.Robotic-assisted orthopedic surgery is gaining popularity in various countries across the globe, and it is expected to gain traction at a significantly high rate over the next few years as surgeons and patients seek better and more predictable outcomes.
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COVID-19 Impact Analysis:
The research report encompasses the serious effects of the coronavirus pandemic on the Surgical Instrument Tracking System Market and its impact on the key market segments. It further gauges the impact of the COVID-induced restrictions on the leading market players, supply chains, and distribution channel. The report also assesses the current market scenario of the Surgical Instrument Tracking System Market business sector with regard to the impact of the COVID-19 pandemic on the market. The report is furnished with the current details and changes in the demand and trends relating to the COVID-19 crisis. The pandemic has brought dynamic changes in the major segments of the market. The report covers the present and future impact of the COVID-19 crisis and offers insights into the post-COVID-19 economic scenario.
Key participants include
BD, Xerafy Singapore Pte Ltd., FingerPrint Medical Limited, Getinge AB, B. Braun SE, Haldor Advanced Technologies, Microsystems, Inc., Ternio Group LLC, Keir Surgical, and Paragon Group Limited.
Scope of the Global Surgical Instrument Tracking System Market Report :
The report performs an accurate estimation of the growth prospects of the different market segments by studying the current market scenario, past performance, demand and supply ratio, production, consumption, sales, and revenue generation of the key players in the upcoming years. The market segmentation provides a 360° view of the Surgical Instrument Tracking System Market industry, which turns out to be beneficial for readers interested in this sector.
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Emergen Research has segmented the global surgical instrument tracking system market on the basis of product, technology, end-use, and region:
· Product Outlook (Revenue, USD Million; 2019-2030)
Hardware
Software
Others
· Technology Outlook (Revenue, USD Million; 2019-2030)
RFID
Barcodes
· End-Use Outlook (Revenue, USD Million; 2019-2030)
Hospitals
Ambulatory surgical centers
Others
End-Use Outlook (Revenue, USD Billion; 2017-2027)
Academics
Industry
Commercial
Key points covered in the report:
A detailed outlook of the market with essential data beneficial for business
Market segmentation based on product types, applications, and end-users. For further understanding, the key segments are further divided into sub-segments
Growth factors, driving and restraining factors, product trends, and technological advancements are extensively discussed
Latest product developments, incorporation of new techniques and profiles of major competitors
An 8-year forecast estimation detailing the growth and expansion scope of the Surgical Instrument Tracking System Market
In-depth analysis of the historical years (2017-2018) and forecast period (2020-2027)
Market dynamics with information of players, challenges, restraints, threats, and opportunities
SWOT analysis and Porter’s Five Forces analysis of the top vendors
Highlights of the Table of Contents:
1. Report Overview
1.1 Research Scope
1.2 Key Surgical Instrument Tracking System Market segments
1.3 Major players
1.4 Market analysis by product type
1.5 Market analysis by application
1.6 Report timeline
2. Global Growth Trends
2.1 Global Surgical Instrument Tracking System Market size
2.2 Latest trends of the Surgical Instrument Tracking System Market by region
2.3 Key growth trends
3. Competitive Outlook
3.1 Global Surgical Instrument Tracking System Market key players
3.2 Global Surgical Instrument Tracking System Market size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Surgical Instrument Tracking System Market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
4. Surgical Instrument Tracking System Market Market by product type
4.1 Global Surgical Instrument Tracking System Market Sales by Product
4.2 Global Surgical Instrument Tracking System Market by Product Revenue
The report considers the following timeline for market estimation:
Historical Years: 2017-2018
Base Year: 2019
Estimated Year: 2020
Forecast Years: 2020-2027
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
