Surgical Instruments Tracking Systems Market size is anticipated to reach USD 513.09 million by 2030
Surgical Instruments Tracking Systems Industry Overview The global surgical instruments tracking systems market size was valued at USD 187.67 million in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 12.1% from 2022 to 2030. The market growth is driven by the need to automatically track critical equipment, such as surgical instruments, comply with the U.S. Food & Drug Administration (FDA)’s Unique Device Identification (UDI) program, ensure the right tools are available in time for each surgical procedure, and improve patient outcomes. The growing number of surgical procedures, owing to sports injuries, accidents, and cardiac surgeries, due to the increased frequency of cardiovascular illnesses and other chronic disorders, where surgery is mandatory, is driving the market. Furthermore, emerging economies like India and China, as well as countries in the Middle East, Latin America, and Southeast Asia, are likely to provide major grow...