The global surgical instrument tracking systems market exhibits a high degree of competitive rivalry among key players;majority of prominent participants are focusing towards strategies
San Francisco, California, June 28, 2017: Health watchdogs have been raising concerns about the increasing prevalence of hospital-acquired infections. The Centers for Disease Control and Prevention states that these infections are responsible for nearly 90,000 deaths per year in the U.S. alone. In order to curtail the infections caused due to contaminated medical tools and to enhance the inventory management, the demand for surgical instrument tracking systems is growing significantly.
A report by TMR Research, titled “Surgical Instrument Tracking Systems Market – Global Industry Analysis, Market Size, Share, Trends, Analysis, Growth and Forecast 2017–2025,” offers insights into more such trends impacting the market. It provides a detailed analysis of all the important aspects of the global surgical instrument tracking systems market, including regional segmentation and vendor landscape.
The growing number of cases of instrument misplacement is stoking the growth of the global surgical instrument tracking systems market. Technological advancements have led to a reduction in the installation cost of barcodes, boosting the adoption of surgical instrument tracking systems in clinics, hospitals, and ambulatory surgery centers (ASCs). Besides this, the emergence of the radio frequency identification (RFID) technology and the development of technologically advanced hardware and software products are likely to provide a fillip to the market in the coming years.