Market Research Trends

According to Future Market Insights (FMI) in a recent market analysis, the Surgical Instrument Tracking System Market is expected to grow at a healthy rate of more than 15% between 2022 and 2032. Tracking systems are becoming more popular among healthcare providers as a means of reducing costs and increasing productivity. The proposed UDI (Unique Device Identification) requirements of the US FDA (Food and Drug Administration) are expected to stimulate growth in the surgical instrument tracking systems market. Labellers (manufacturers, processors, specification formulators, re-packagers, and re-labelers) of surgical instruments are expected to apply immediate marking at the individual instrument level, according to the UDI rules. High system costs, long investment cycles, affordable restraints, and technological boundaries are expected to limit market growth. In addition, the COVID-19 pandemic caused a slight drop in growth in the first quarter of 2021. With elective and non-elec...

Surgical Instrument Tracking System Market   is expected to grow with a wholesome growth rate of more than 15% over the forecast period 2022-2032, finds Future Market Insights (FMI) in a recent market analysis. With the need to reduce costs and increase productivity, tracking systems are becoming more popular among healthcare providers. The US FDA's (Food and Drug Administration) proposed UDI (Unique Device Identification) requirements are expected to promote growth in the surgical instrument tracking systems market. According to the UDI rules, labellers (manufacturers, processors, specification formulators, re-packagers, and re-labelers) of surgical instruments are anticipated to administer immediate marking at the individual instrument degree. The high system costs, long investment cycles, affordable restraints, and technological boundaries are expected to inhibit market growth to some extent. Also, due to the COVID-19 pandemic, there was seen a little drop in growth in ...