US Surgical Instrument Tracking System Market Size Likely to Grow at a CAGR of 11.78% By 2034

Market Size and Growth

As per the US Surgical Instrument Tracking System Market size analysis conducted by the CMI team, the US surgical instrument tracking systems market is expected to record a CAGR of 11.78% from 2025 to 2034. In 2025, the market size was USD 83.25 Million. By 2034, the valuation is anticipated to reach USD 226.61 Million.

Overview

As per the industry experts at CMI, the U.S. surgical instrument tracking systems market is expected to witness a noteworthy CAGR during the forecast period. This could be attributed to the rise in surgical volumes, increasing incidences of chronic diseases, and the requirement for enhanced patient safety as well as operational efficiency in the healthcare facilities. However, the higher initial cost involved in incorporating surgical instrument tracking systems could prove to be a barrier for certain healthcare facilities. Also, ascertaining the privacy and security of patients’ data that these systems collect and manage is paramount.

Key Trends & Drivers

• Patient Safety Concerns to Determine Growth: Patient safety concerns are amongst the major factors determining the growth of the U.S. surgical instrument tracking systems market, as these tracking systems help in reducing the risk of retained surgical instruments (RSIs), preventing infections, and improving the surgical outcomes on the whole. The tracking systems do streamline workflows, enable optimization of inventory management, and cut down on the time spent in hunting for instruments, thereby resulting in more efficient surgical procedures. The U.S. FDA, especially the ones pertaining to Unique Device Identification (UDI), drive the requirement for strong tracking systems for complying with regulations.

• Rise in Surgical Procedures to Catalyze the U.S. Surgical Instrument Tracking Systems Market: Increase in the number of surgeries, which is driven by the geriatric population, the growing prevalence of chronic ailments, and the rise in occurrences of sports injuries, necessitates surgical instruments’ better management. Tracking systems, by reducing the surgical delays, minimizing instrument losses, and optimizing procurement, do contribute to noticeable cost savings in the healthcare facilities. Innovations such as barcode and RFID technology enhance the precision and speed of tracking, thereby rendering systems more reliable and efficient.

Report Scope

SWOT Analysis

• Strengths: Innovations such as barcode and RFID systems are improving the precision and efficiency of surgical instrument management systems. The other factors driving the growth of the market include the rise in the number of surgical procedures, the growing prevalence of chronic diseases, and the emphasis on reducing healthcare-associated infections. The healthcare facilities are also increasingly adopting the tracking systems for meeting accreditation standards and regulatory requirements, thereby driving the market adoption further.

• Weaknesses: Integration of tracking systems with the hospital infrastructure as well as electronic health records that are in existence could be cumbersome and complex. Over-reliance on the surgical instrument tracking systems could create vulnerabilities if technology malfunctions or fails, thereby disrupting the surgical workflows.

• Opportunities: Developing and adopting advanced technologies such as ML and AI in surgical instrument tracking does offer a noticeable potential for growth. Customizing tracking systems to the exclusive needs of specified surgical specialties such as cardiology and orthopedics could create good market opportunities. Shift in the direction of value-based care models does emphasize patient outcomes and cost-effectiveness, wherein a crucial role is played by tracking systems.

• Threats: Growing reliance on digital technologies could increase the vulnerability of the market with regard to cyberattacks. Also, with the market turning out to be competitive, the price-oriented tug of war between existing and new players is bound to be fierce. These are some of the threats to the U.S. surgical instrument tracking systems market.

List of the prominent players in the US Surgical Instrument Tracking System Market:

• Vizinex (HID Global Corporation)
• Fortive Corporation
• Becton Dickinson and Company (BD)
• Steris
• Integra LifeSciences Corporation
• Censis
• Surlogs
• Stryker
• Medtronic
• Braun SE
• Olympus Corporation
• Case Medical
• Scanlan International. Inc.
• Securitas Healthcare LLC
• Others

The US Surgical Instrument Tracking Market is segmented as follows:

By Technology

• Barcodes
• RFID

By Application

• Hardware
• Software
• Services

By End-use

• Hospitals
• Ambulatory Surgical Centers