Surgical Instrument Tracking Systems Market Share, Size, Trends, Industry Analysis Report, 2025 - 2034
Surgical Instrument Tracking Systems Market Share, Size, Trends, Industry Analysis Report, 2025 - 2034

Surgical Instrument Tracking Systems Market Share, Size, Trends, Industry Analysis Report

By Product (Hardware, Software, Services); By Technology; By Region; Segment Forecasts, 2025 - 2034

  • Published Date:Sep-2025
  • Pages: 121
  • Format: PDF
  • Report ID: PM1943
  • Base Year: 2024
  • Historical Data: 2020-2023

The global surgical instrument tracking systems market was valued at USD 241.34 million in 2024 and is expected to grow at a CAGR of 13.0% during the forecast period. The increasing adoption rate of surgical instrument tracking systems by healthcare facilities, the need to follow specific device recognition requirements, the flexibility offered by tracking systems in inventory management, and the growing number of instruments used in different surgical procedures are factors that drive the market growth.

Key Insights

  • By product, the hardware segment held the largest share in 2024, as it encompasses pieces such as bar code scanners, barcode stickers, and RFID classics.
  • By technology, the barcodes held the largest share in 2024, as they are economical and useful in tracking surgical instruments.
  • By end-use, the hospitals segment held the largest share in 2024. This is due to the critical need for safeguarding systems to streamline the management of surgical instruments.
  • By region, North America held the largest share in 2024, due to the growing adoption of these systems and the advanced infrastructure of healthcare in the region.

Industry Dynamics

  • Hospitals have increased their focus on systems that manage and track retained surgical items and infections during the life cycle of instruments.
  • The increased number of surgeries requires more instruments and to improve the overall functioning of hospitals, these systems are required.
  • Stricter government regulations and policies, such as the Unique Device Identification (UDI) rule issued by the FDA, are driving the adoption of such systems.

Market Statistics

  • 2024 Market Size: USD 241.34 million
  • 2034 Projected Market Size: USD 817.43 million
  • CAGR (2025-2034): 13.0%
  • North America: Largest market in 2024

Surgical Instrument Tracking Systems Market Size By Region 2020 - 2034 (USD Million)

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AI Impact on the Market

  • AI is helping to reinforce the accuracy and efficiency of tracking surgical instruments. Specifically, AI algorithms are uniquely positioned to pull data through sources like radiofrequency identification (RFID) and barcodes to give real-time information on instruments.
  • AI is being used to track instruments for the purposes of classifying and recognizing instruments.
  • AI is also used for healthcare predictive analytics to assist with inventory management. They can study historical data to predict patterns of instrument usage and develop forecasts for sustaining these patterns.

It was initially used only for device count sheet management and a few simple tasks, including instrument traceability. The 2D barcodes also aided in the sterile handling and recognition of instruments and the recording of each instrument's use history. The industry is being fueled by an increase in the number of cases of surgical instruments remaining in patients' bodies and being misplaced after surgery.

The growth of the surgical instrument tracking systems market is driven by factors such as new regulatory requirements introduced by government bodies such as the FDA, increasing focus on patient safety and patient care, and advancements in tracking system technology. Globally regulatory bodies have introduced regulations on the manufacturers of medical devices with respect to surgical devices. In the U.S., FDA has introduced UDI (Unique Device Identification), under which every medical device manufacturer has to label and adopt tracking systems in their surgical instruments.

Even regulators from Europe, China, and other countries have adopted UDI regulations for the manufacturers of medical devices to introduce uniform regulations across the world as proposed by the International Medical Device Regulators Forum (IMDRF). The increasing regulation is a significant boost for the market globally.

Industry Dynamics

Growth Drivers
There is a rapid advancement in the market in recent years. Technologies such as active RFID is increasingly adopted in surgical instrument tracking. The new technology has a greater detection range when compared to passive RFID technology. Active RFID can detect up to 300ft, whereas passive technologies as the only range of 40 ft.

Active RFID can detect surgical systems of smaller size, including surgical tray-level tracking. The emergence of advanced instrument tracking systems will provide an opportunity for this market to grow in the coming years. A surgical instrument tracking systems improve the safety of patients during a surgical procedure. There is an increase in hospital-acquired infection, with more than 90,000 deaths in the US alone. Most of the infections are caused by misplacement of surgical instruments leading to contamination of the equipment.

Hence the proper adoption of these systems in hospitals will significantly reduce hospital-acquired infections. Companies are introducing new tracking devices in recent years. In 2018, Spa Track Medical Limited introduced an advanced RFID hospital scanner for surgical instrument tracking. The table-top auto-scanner can scan a complete basket of instruments (100 instruments) in only 12 seconds.

The unprecedented COVID-19 pandemic that is affecting countries across the globe is expected to slow down the tracking systems market. Many plastic surgeries and elective surgeries have been postponed. There is a decrease in regular patient visits to hospitals that have resulted in fewer surgeries performed in the last year, which is expected to limit the market's growth.

Surgical Instrument Tracking Systems Market Size Worth $817.43 Million By 2034 | CAGR: 13.0%
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Surgical Instrument Tracking Systems Market Research Scope

The market is primarily segmented on the basis of product, technology, end-use, and region.

By Product

By Technology

By End-use

By Region

  • Hardware
  • Software
  • Services
  • Barcodes
  • Radio Frequency Identification (RFID)
  • Hospitals
  • Others
  • North America (U.S., Canada)
  • Europe (France, Germany, Italy, Spain, UK, Netherlands, Austria)
  • Asia Pacific (China, India, Japan, Indonesia, Malaysia, South Korea)
  • Latin America (Argentina, Brazil, Mexico)
  • Middle East & Africa (Israel, Saudi Arabia, South Africa, UAE)

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Surgical Instrument Tracking Systems Market By Product Analysis 2020 - 2034 (USD Million)

Insight by Product

The hardware segment dominated the global market and generated the highest revenue in 2024. Implementing these systems for inventory and surgical equipment management is being fueled by advancements in technology in hardware, such as barcode tags and RFID chips. The services segment is anticipated to grow at a high rate during the forecast timeframe.

The United States, the United Kingdom, Germany, Japan, and France are few countries expected to have high use of these systems. A well-developed medical system and an increase in the number of surgical procedures performed will contribute to the growth of this market segment.

Insight by End-Use

The hospitals market segment generated the highest revenue in 2024. The segment is expected to dominate the market during the forecast timeframe, owing to the increasing acceptance of these products by hospitals for inventory management and tracking of the equipment during work cycles such as sterilization procedures and surgery.

Geographic Overview

North America is expected to be the biggest market during the forecast period due to the stringent rules adopted by regulatory bodies such as the FDA to adapt tracking devices. The number of medical procedures is expected to increase to 144 million in 2023 from 129 million procedures in 2018 in the U.S. All these factors will significantly contribute to the region’s growth.

Asia Pacific surgical instrument tracking systems market is expected to be the fastest-growing region during the forecast period. China has UDI regulations for surgical instrument tracking systems along with Australia. The region is carrying out more surgeries due to improved healthcare infrastructure and increased medical tourism in countries like India.

Surgical Instrument Tracking Systems Market Trends by Region 2020 – 2034 (USD Million)

Competitive Insight

Companies are looking to develop new technologies in the market to meet the demand of the healthcare industry. Major players in medical devices are looking to adopt tracking systems due to increased regulation across the globe. New systems are expected in the market soon because of the increased need for better patient care and safety.

Some of the major players operating in the market include Spatrack Medical Limited, Censis Technologies, Inc., Xerafy Singapore Pte Ltd., Getinge AB, Fingerprint Medical Limited, B. Braun Melsungen AG, Haldor Advanced Technologies, BD, Microsystems, INC, and Ternio Group LLC.

Industry Development

July 2024, Mobile Aspects (US) introduced SurgiCart, the first RFID-enabled mobile case cart developed to tackle key healthcare challenges.

May 2024, Crothall Healthcare partnered with Ascendco Health to enhance surgical instrument tracking and sterile processing quality.

Report Scope

Report Attributes

Details

Market size value in 2024

USD 241.34 million

Market size value in 2025 USD 272.11 million

Revenue forecast in 2034

USD 817.43 million

CAGR

13.0% from 2025 - 2034

Base year

2024

Historical data

2020 - 2023

Forecast period

2025 - 2034

Quantitative units

Revenue in USD million/billion and CAGR from 2025 to 2034

Segments covered

By Product, By Technology, By End-Use, By Region

Regional scope

North America Europe Asia Pacific Latin America; Middle East & Africa

Key Companies

Spatrack Medical Limited, Censis Technologies, Inc., Xerafy Singapore Pte Ltd., Getinge AB, Fingerprint Medical Limited, B. Braun Melsungen AG, Haldor Advanced Technologies, BD, Microsystems, INC, and Ternio Group LLC

 

FAQ's

? The global market size was valued at USD 241.34 million in 2024 and is projected to grow to USD 817.43 million by 2034.

? The global market is projected to register a CAGR of 13.0% during the forecast period.

? North America dominated the share in 2024.

? A few key players include Spatrack Medical Limited, Censis Technologies, Inc., Xerafy Singapore Pte Ltd., Getinge AB, Fingerprint Medical Limited, B. Braun Melsungen AG, Haldor Advanced Technologies, BD, Microsystems, INC, and Ternio Group LLC.

? The hospitals segment accounted for the largest share of the market in 2024.