PUBLISHER: KBV Research | PRODUCT CODE: 1789326
PUBLISHER: KBV Research | PRODUCT CODE: 1789326
North America Surgical Instrument Tracking Systems Market Size, Share & Industry Analysis Report By Technology, By End Use, By Product, By Country and Growth Forecast, 2025 - 2032
The North America Surgical Instrument Tracking Systems Market would witness market growth of 13.0% CAGR during the forecast period (2025-2032).
The US market dominated the North America Surgical Instrument Tracking Systems Market by Country in 2024 and would continue to be a dominant market till 2032; thereby, achieving a market value of $185.7 million by 2032. The Canada market is experiencing a CAGR of 15.2% during (2025 - 2032). Additionally, The Mexico market would exhibit a CAGR of 15.2% during (2025 - 2032).
New technologies, stringent regulations like the FDA's UDI system, and an increased emphasis on patient safety have all contributed to significant changes in the North American surgical instrument tracking systems market. Using computerised tracking methods that use barcoding and RFID instead of manual ones has improved accuracy, reduced surgical errors, and simplified inventory and sanitation management. By enabling real-time monitoring, predictive analytics, and data-driven decision-making to enhance surgical procedures and ensure they adhere to regulations, cloud computing and IoT integration have further improved these systems.
Leading companies are investing heavily in research and development to create integrated solutions that use RFID, cloud, and IoT technologies in a market that is competitive and changing quickly. Customised solutions and strategic alliances with healthcare providers are assisting the business in expanding its clientele and adhering to various regional regulations. In order to deliver services that add value and create enduring relationships, businesses are focussing on developing user-friendly platforms, comprehensive training, and robust support. Innovation and the future of the SITS business in North America are being shaped by industry-consolidating mergers and acquisitions as well as the arrival of fresh, innovative businesses.
Country Outlook
The U.S. is the largest surgical instrument tracking systems market in the world. This is due to strict regulations such as the FDA's UDI system, a robust healthcare system, and an increased emphasis on patient safety. Since there is a growing need to prevent surgical errors, prevent tools from being left behind, and improve the efficiency of operations, advanced tracking systems are becoming more and more popular. Hospitals are increasingly utilising RFID, RTLS, and barcode systems in tandem to maximise inventory, expedite the reprocessing process, and maintain real-time tracking. Additionally, data and documentation are more accurate when SITS is integrated with EHR and HIS systems. Also, the rates of the surgical site infection (SSI) and standardized infection ratio (SIR) are increasing in the United States. For example, as per the 2023 HAI data results published in the NHSN's HAI Progress Report, about a 2% increase in the SSI. In addition, the 2023 HAI data found a 3% significant increase in SIR. This increase is creating demand for surgical instrument tracking systems to prevent these infections. In addition, the market is highly competitive, with both large corporations and agile startups constantly entering the market.
The surgical instrument tracking systems market in Canada is steadily expanding. This is a result of increased surgical procedures, a focus on patient safety, and national efforts to digitise healthcare. By investing in traceability technology and adhering to national standards, provincial health authorities-particularly those in Ontario, British Columbia, and Alberta-are setting the standard. Furthermore, Canadians want the inclusion of technology in healthcare. For example, as per the Government of Canada, the demand for virtual care services remains very high; 92% of Canadians want technology that makes health care more convenient and 86% of Canadians believe that technology can help solve issues within country's health care systems.
Also, the market is shifting from manual processes to new RFID and barcode technologies, which are increasingly being used in cloud-based platforms and hospital IT systems. Due to Canada's decentralised healthcare system, regional variations exist. However, more people are finding it simpler to obtain scalable, multilingual, and compliant solutions because of collaboration between local and international suppliers. Also, with the support of the government and the success stories of their uses is driving the growth.
Based on Technology, the market is segmented into Barcodes and RFID. Based on End Use, the market is segmented into Hospitals and Other End Use. Based on Product, the market is segmented into Hardware, Software, and Services. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Fortive Corporation
- Becton, Dickinson and Company
- Xerafy Singapore Pte Ltd.
- Ternio Group, LLC
- Getinge AB
- Steris PLC
- Censis Technologies, Inc.
- ScanCARE Pty Ltd
- B. Braun Melsungen AG
- Integra Lifesciences Holdings Corporation
North America Surgical Instrument Tracking Systems Market Report Segmentation
By Technology
- Barcodes
- RFID
By End Use
- Hospitals
- Other End Use
By Product
- Hardware
- Software
- Services
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Surgical Instrument Tracking Systems Market, by Technology
- 1.4.2 North America Surgical Instrument Tracking Systems Market, by End Use
- 1.4.3 North America Surgical Instrument Tracking Systems Market, by Product
- 1.4.4 North America Surgical Instrument Tracking Systems Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. Recent Strategies Deployed in Surgical Instrument Tracking Systems Market
Chapter 5. Key Costumer Criteria - Surgical Instrument Tracking Systems Market
Chapter 6. Value Chain Analysis of Surgical Instrument Tracking Systems Market
- 6.1 Research & Development (R&D)
- 6.2 Component Manufacturing & Sourcing
- 6.3 Software Development & Integration
- 6.4 System Assembly & Testing
- 6.5 Marketing & Sales
- 6.6 Distribution & Logistics
- 6.7 Implementation & Training
- 6.8 Data Management & Analytics
- 6.9 Feedback & Continuous Improvement
Chapter 7. North America Surgical Instrument Tracking Systems Market by Technology
- 7.1 North America Barcodes Market by Country
- 7.2 North America RFID Market by Country
Chapter 8. North America Surgical Instrument Tracking Systems Market by End Use
- 8.1 North America Hospitals Market by Country
- 8.2 North America Other End Use Market by Country
Chapter 9. North America Surgical Instrument Tracking Systems Market by Product
- 9.1 North America Hardware Market by Country
- 9.2 North America Software Market by Country
- 9.3 North America Services Market by Country
Chapter 10. North America Surgical Instrument Tracking Systems Market by Country
- 10.1 US Surgical Instrument Tracking Systems Market
- 10.1.1 US Surgical Instrument Tracking Systems Market by Technology
- 10.1.2 US Surgical Instrument Tracking Systems Market by End Use
- 10.1.3 US Surgical Instrument Tracking Systems Market by Product
- 10.2 Canada Surgical Instrument Tracking Systems Market
- 10.2.1 Canada Surgical Instrument Tracking Systems Market by Technology
- 10.2.2 Canada Surgical Instrument Tracking Systems Market by End Use
- 10.2.3 Canada Surgical Instrument Tracking Systems Market by Product
- 10.3 Mexico Surgical Instrument Tracking Systems Market
- 10.3.1 Mexico Surgical Instrument Tracking Systems Market by Technology
- 10.3.2 Mexico Surgical Instrument Tracking Systems Market by End Use
- 10.3.3 Mexico Surgical Instrument Tracking Systems Market by Product
- 10.4 Rest of North America Surgical Instrument Tracking Systems Market
- 10.4.1 Rest of North America Surgical Instrument Tracking Systems Market by Technology
- 10.4.2 Rest of North America Surgical Instrument Tracking Systems Market by End Use
- 10.4.3 Rest of North America Surgical Instrument Tracking Systems Market by Product
Chapter 11. Company Profiles
- 11.1 Fortive Corporation
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Segmental and Regional Analysis
- 11.1.4 Research & Development Expense
- 11.1.5 SWOT Analysis
- 11.2 Becton, Dickinson, and Company
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Segmental and Regional Analysis
- 11.2.4 Research & Development Expense
- 11.2.5 Recent strategies and developments:
- 11.2.5.1 Partnerships, Collaborations, and Agreements:
- 11.2.5.2 Product Launches and Product Expansions:
- 11.2.6 SWOT Analysis
- 11.3 Xerafy Singapore Pte Ltd.
- 11.3.1 Company Overview
- 11.3.2 Recent strategies and developments:
- 11.3.2.1 Product Launches and Product Expansions:
- 11.4 Ternio Group, LLC
- 11.4.1 Company Overview
- 11.5 Getinge AB
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Segmental and Regional Analysis
- 11.5.4 Research & Development Expense
- 11.5.5 Recent strategies and developments:
- 11.5.5.1 Product Launches and Product Expansions:
- 11.5.5.2 Acquisition and Mergers:
- 11.5.6 SWOT Analysis
- 11.6 Steris PLC
- 11.6.1 Company Overview
- 11.6.2 Financial Analysis
- 11.6.3 Segmental and Regional Analysis
- 11.6.4 Research & Development Expenses
- 11.6.5 SWOT Analysis
- 11.7 Censis Technologies, Inc.
- 11.7.1 Company Overview
- 11.8 ScanCARE Pty Ltd
- 11.8.1 Company Overview
- 11.9 B. Braun Melsungen AG
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Segmental and Regional Analysis
- 11.9.4 Research & Development Expenses
- 11.9.5 Recent strategies and developments:
- 11.9.5.1 Acquisition and Mergers:
- 11.9.6 SWOT Analysis
- 11.10. Integra Lifesciences Holdings Corporation
- 11.10.1 Company Overview
- 11.10.2 Financial Analysis
- 11.10.3 Segmental and Regional Analysis
- 11.10.4 Research & Development Expenses
- 11.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Surgical Instrument Tracking Systems Market, 2021 - 2024, USD Million
- TABLE 2 North America Surgical Instrument Tracking Systems Market, 2025 - 2032, USD Million
- TABLE 3 Key Costumer Criteria - Surgical Instrument Tracking Systems Market
- TABLE 4 North America Surgical Instrument Tracking Systems Market by Technology, 2021 - 2024, USD Million
- TABLE 5 North America Surgical Instrument Tracking Systems Market by Technology, 2025 - 2032, USD Million
- TABLE 6 North America Barcodes Market by Country, 2021 - 2024, USD Million
- TABLE 7 North America Barcodes Market by Country, 2025 - 2032, USD Million
- TABLE 8 North America RFID Market by Country, 2021 - 2024, USD Million
- TABLE 9 North America RFID Market by Country, 2025 - 2032, USD Million
- TABLE 10 Use Case - 1 Sterile Instrument Cycle Optimization Using 2D Barcoding in Public Hospitals
- TABLE 11 Use Case - 2 Real-Time RFID-Based Instrument Tracking in Smart Operating Rooms
- TABLE 12 North America Surgical Instrument Tracking Systems Market by End Use, 2021 - 2024, USD Million
- TABLE 13 North America Surgical Instrument Tracking Systems Market by End Use, 2025 - 2032, USD Million
- TABLE 14 North America Hospitals Market by Country, 2021 - 2024, USD Million
- TABLE 15 North America Hospitals Market by Country, 2025 - 2032, USD Million
- TABLE 16 North America Other End Use Market by Country, 2021 - 2024, USD Million
- TABLE 17 North America Other End Use Market by Country, 2025 - 2032, USD Million
- TABLE 18 Use Case - 1 Sterile Instrument Cycle Optimization Using 2D Barcoding in Public Hospitals
- TABLE 19 Use Case - 2 Real-Time RFID-Based Instrument Tracking in Smart Operating Rooms
- TABLE 20 North America Surgical Instrument Tracking Systems Market by Product, 2021 - 2024, USD Million
- TABLE 21 North America Surgical Instrument Tracking Systems Market by Product, 2025 - 2032, USD Million
- TABLE 22 North America Hardware Market by Country, 2021 - 2024, USD Million
- TABLE 23 North America Hardware Market by Country, 2025 - 2032, USD Million
- TABLE 24 North America Software Market by Country, 2021 - 2024, USD Million
- TABLE 25 North America Software Market by Country, 2025 - 2032, USD Million
- TABLE 26 North America Services Market by Country, 2021 - 2024, USD Million
- TABLE 27 North America Services Market by Country, 2025 - 2032, USD Million
- TABLE 28 Use Case - 1 IoT-Enabled Scanning Stations and Cabinets for High-Throughput Surgical Facilities
- TABLE 29 Use Case - 2 Surgical Asset Intelligence Platform for Multi-Site Hospital Networks
- TABLE 30 Use Case - 3 Managed Instrument Tracking Implementation and Compliance Advisory
- TABLE 31 North America Surgical Instrument Tracking Systems Market by Country, 2021 - 2024, USD Million
- TABLE 32 North America Surgical Instrument Tracking Systems Market by Country, 2025 - 2032, USD Million
- TABLE 33 US Surgical Instrument Tracking Systems Market, 2021 - 2024, USD Million
- TABLE 34 US Surgical Instrument Tracking Systems Market, 2025 - 2032, USD Million
- TABLE 35 US Surgical Instrument Tracking Systems Market by Technology, 2021 - 2024, USD Million
- TABLE 36 US Surgical Instrument Tracking Systems Market by Technology, 2025 - 2032, USD Million
- TABLE 37 US Surgical Instrument Tracking Systems Market by End Use, 2021 - 2024, USD Million
- TABLE 38 US Surgical Instrument Tracking Systems Market by End Use, 2025 - 2032, USD Million
- TABLE 39 US Surgical Instrument Tracking Systems Market by Product, 2021 - 2024, USD Million
- TABLE 40 US Surgical Instrument Tracking Systems Market by Product, 2025 - 2032, USD Million
- TABLE 41 Canada Surgical Instrument Tracking Systems Market, 2021 - 2024, USD Million
- TABLE 42 Canada Surgical Instrument Tracking Systems Market, 2025 - 2032, USD Million
- TABLE 43 Canada Surgical Instrument Tracking Systems Market by Technology, 2021 - 2024, USD Million
- TABLE 44 Canada Surgical Instrument Tracking Systems Market by Technology, 2025 - 2032, USD Million
- TABLE 45 Canada Surgical Instrument Tracking Systems Market by End Use, 2021 - 2024, USD Million
- TABLE 46 Canada Surgical Instrument Tracking Systems Market by End Use, 2025 - 2032, USD Million
- TABLE 47 Canada Surgical Instrument Tracking Systems Market by Product, 2021 - 2024, USD Million
- TABLE 48 Canada Surgical Instrument Tracking Systems Market by Product, 2025 - 2032, USD Million
- TABLE 49 Mexico Surgical Instrument Tracking Systems Market, 2021 - 2024, USD Million
- TABLE 50 Mexico Surgical Instrument Tracking Systems Market, 2025 - 2032, USD Million
- TABLE 51 Mexico Surgical Instrument Tracking Systems Market by Technology, 2021 - 2024, USD Million
- TABLE 52 Mexico Surgical Instrument Tracking Systems Market by Technology, 2025 - 2032, USD Million
- TABLE 53 Mexico Surgical Instrument Tracking Systems Market by End Use, 2021 - 2024, USD Million
- TABLE 54 Mexico Surgical Instrument Tracking Systems Market by End Use, 2025 - 2032, USD Million
- TABLE 55 Mexico Surgical Instrument Tracking Systems Market by Product, 2021 - 2024, USD Million
- TABLE 56 Mexico Surgical Instrument Tracking Systems Market by Product, 2025 - 2032, USD Million
- TABLE 57 Rest of North America Surgical Instrument Tracking Systems Market, 2021 - 2024, USD Million
- TABLE 58 Rest of North America Surgical Instrument Tracking Systems Market, 2025 - 2032, USD Million
- TABLE 59 Rest of North America Surgical Instrument Tracking Systems Market by Technology, 2021 - 2024, USD Million
- TABLE 60 Rest of North America Surgical Instrument Tracking Systems Market by Technology, 2025 - 2032, USD Million
- TABLE 61 Rest of North America Surgical Instrument Tracking Systems Market by End Use, 2021 - 2024, USD Million
- TABLE 62 Rest of North America Surgical Instrument Tracking Systems Market by End Use, 2025 - 2032, USD Million
- TABLE 63 Rest of North America Surgical Instrument Tracking Systems Market by Product, 2021 - 2024, USD Million
- TABLE 64 Rest of North America Surgical Instrument Tracking Systems Market by Product, 2025 - 2032, USD Million
- TABLE 65 Key Information -fortive corporation
- TABLE 66 Key Information - Becton, Dickinson and Company
- TABLE 67 Key Information - Xerafy Singapore Pte Ltd.
- TABLE 68 Key Information - Ternio Group, LLC
- TABLE 69 Key Information - Getinge AB
- TABLE 70 Key Information - STERIS PLC
- TABLE 71 Key Information - Censis Technologies, Inc.
- TABLE 72 Key Information - ScanCARE Pty Ltd
- TABLE 73 Key Information - B. Braun Melsungen AG
- TABLE 74 Key Information - Integra Lifesciences Holdings Corporation
LIST OF FIGURES
- FIG 1 Methodology for the research
- FIG 2 North America Surgical Instrument Tracking Systems Market, 2021 - 2032, USD Million
- FIG 3 Key Factors Impacting Surgical Instrument Tracking Systems Market
- FIG 4 Porter's Five Forces Analysis - Surgical Instrument Tracking Systems Market
- FIG 5 Key Costumer Criteria - Surgical Instrument Tracking Systems Market
- FIG 6 Value Chain Analysis of Surgical Instrument Tracking Systems Market
- FIG 7 North America Surgical Instrument Tracking Systems Market share by Technology, 2024
- FIG 8 North America Surgical Instrument Tracking Systems Market share by Technology, 2032
- FIG 9 North America Surgical Instrument Tracking Systems Market by Technology, 2019 - 2032, USD Million
- FIG 10 North America Surgical Instrument Tracking Systems Market share by End Use, 2024
- FIG 11 North America Surgical Instrument Tracking Systems Market share by End Use, 2032
- FIG 12 North America Surgical Instrument Tracking Systems Market by End Use, 2019 - 2032, USD Million
- FIG 13 North America Surgical Instrument Tracking Systems Market share by Product, 2024
- FIG 14 North America Surgical Instrument Tracking Systems Market share by Product, 2032
- FIG 15 North America Surgical Instrument Tracking Systems Market by Product, 2019 - 2032, USD Million
- FIG 16 North America Surgical Instrument Tracking Systems Market share by Country, 2024
- FIG 17 North America Surgical Instrument Tracking Systems Market share by Country, 2032
- FIG 18 North America Surgical Instrument Tracking Systems Market by Country, 2019 - 2032, USD Million
- FIG 19 SWOT Analysis: Fortive Corporation
- FIG 20 Recent strategies and developments: Becton, Dickinson and company
- FIG 21 SWOT Analysis: Becton, Dickinson and company
- FIG 22 Recent strategies and developments: Getinge AB
- FIG 23 SWOT Analysis: Getinge AB
- FIG 24 SWOT Analysis: STERIS PLC
- FIG 25 SWOT Analysis: B. Braun Melsungen AG
- FIG 26 SWOT Analysis: Integra Lifesciences Holdings Corporation
