Surgical Instrument Tracking Systems market: Global Industry Analysis, Trends, and Forecast 2030

Surgical Instrument Tracking Systems Market Overview and Insights:
According to Introspective Market Research, Global Surgical Instrument Tracking System Market size is expected to grow from USD 230.2 Million in 2022 to USD 746.9 Million by 2030, at a CAGR of 15.9% during the forecast period (2023-2030).

A Surgical Instrument Tracking System (SITS) is a software-based solution designed to monitor and manage surgical instruments throughout their lifecycle within a healthcare facility. The primary purpose of a Surgical Instrument Tracking System is to enhance patient safety, improve operational efficiency, and reduce costs by providing accurate and real-time information about the location, usage, maintenance, and sterilization status of surgical instruments. SITS help healthcare facilities maintain accurate inventories of surgical instruments by providing visibility into the availability and usage patterns of instruments. This helps prevent lost or misplaced instruments, reduces the need for excess inventory, and ensures that the necessary instruments are readily available when needed for surgeries.